CAT conducted by Indian Institute of Management as a pre-requisite for admission in various IIMs’ and other institutions’ management programs, garner less than two lakh registration for the year 2013.
Since 2009, when CAT bid farewell to the old paper pencil based examination the number of applicants to register have drastically decreased. The highest strength of applicants recorded so far was in year 2008 with as much as 2.9 lakh registrations
After having revived a bit in the last two years, the number of registrations has again dropped to a mere two lakh.
The result of this shear decrease in the number of applicants reflects the credibility of Cat and IIMs is at stake, and that the IIM brand is losing sheen. This is because students now prefer a course where not just where the competition is low but also the return on investment is high. Thus, the IIM applicants are looking for a job in other non-management fields.