Why CAT Exam is Important? Check Advantages of CAT Exam in 2024

Overview: The Common Admission Test (CAT) is one of our country's most challenging entrance exams through which you can gain admission into IIMs and other top B-schools. This blog will look into the benefits of CAT exam.

• The CAT exam 2024 will be conducted online on 24 November 2024 across various centres in India.
• Pursuing an MBA from one of the top B-schools in India is a dream come true. However, the first step, writing the CAT, is a formidable challenge.
• This exam is not only India's flagship management entrance exam but also one of the most rigorous, making success all the more rewarding.

One of the primary advantages of the CAT exam is that it confers an IIM degree or postgraduate management program, ultimately giving you the best options for starting your corporate journey.

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What is the Advantage of CAT Exam 2024?

With a desire to make a career in management, more than 3.2 lakh candidates register for the CAT entrance exam every year for a few thousand seats in India’s top business schools. Around 2.88 lakh appeared for the exam.

You must know that the CAT exam is the only entrance exam through which you can be admitted into any of the 21 Indian Institutes of Management (IIMs). Moreover, it would help if you go through the CAT exam eligibility and the CAT exam pattern before you move on and learn about the benefits of CAT exam.

Download CAT Exam QA Section Daily Study Plan

Now, Let's look at some general advantages of CAT exam 2024:

• As mentioned, the major advantage of the CAT exam is that it is the sole gateway to admission into prestigious IIMs, which offer postgraduate programs like MBA, PGDM, MMS, EPGP, and FPM.
• The above programs are critical and in demand in the corporate world.
• The CAT exam opens up many High-Paying CAT Job opportunities, promising a substantial return on your investment. A high score leads you to the high-ranking B-schools like IIM Ahmedabad, IIM Bangalore, etc.

Read More | How to prepare for CAT exam in 3 months

Why is CAT exam important in 2024?

Major advantages of CAT exam in 2024:

#1 The Top B-school Tag 

If you are looking for an IIM tag, write CAT. And even if you do not get into one of the 21 IIMs in the country, you can still pursue your management education from a top-notch b-school like SPJIMR, NITIE, FMS, MDI, IITs, etc. The fact is that mainly all the big names in management education consider your CAT score for admission into their flagship programmes. 

#2 The Top Company Tag 

CAT is your ticket if your career aspirations involve working for global leaders across industries. Recruiters know that the campuses of IIMs and other top-tier b-schools in the country are the breeding grounds for exceptional talent. Hence, they prefer to hire from these campuses. Secure a spot and kickstart your career with the best. 

Download CAT Exam VARC Daily Study Plan

#3 The Top Salary Package Tag 

If you envision a handsome salary package right from the start of your career, then CAT is your stepping stone. Recruiters offer substantial salaries to bright minds studying at the IIMs and other top B-schools in the country. The first step towards joining this high-earning population is to start the preparation for CAT. 

#4 The Top Entrepreneur Tag 

If you don’t want a high-paying job but wish to be a well-known entrepreneur, I write CAT. Studying at a premier B-school in the country tremendously improves your ability to get seed capital for starting a new business. You also get to interact with people from diverse backgrounds, where you can brainstorm ideas and get a better handle on things. 

#5 Personal Growth

A major advantage of the CAT exam is that its rigorous preparation journey prepares you well for future challenges. CAT preparation requires patience, consistency, and discipline, which boosts your confidence in many ways.

Check | CAT Exam Cut off

#6 CAT offers a level playing field for all students

CAT offers a level playing field for all students because the exam is conducted the same way for everyone. The exam includes the same number of questions, difficulty level, and time frame for completion. 

The test is also objective, meaning it tests a student's knowledge and skills in a specific area rather than their personal opinions or beliefs. This helps to ensure that all students have an equal opportunity to demonstrate their abilities. 

In addition, using multiple-choice questions makes the exam easy to grade, allowing for greater fairness and accuracy when evaluating student performance.

Download Detailed Admission Process of Top B-Schools

#7 Jobs in the Public Sectors

CAT (Common Admission Test) provides an ideal platform for students to assess their ability to compete in the public sector job market. 

The CAT exam is also essential for candidates seeking a career in public sector banks and government organizations. A good CAT score is an added advantage, helping them get into top-notch organizations.

The results of the CAT test indicate the candidate's potential and help employers to make better hiring decisions. 

#8 Studying in International Schools

A good CAT score also helps the candidates to get admission to some of the best international business schools. 

This helps them to pursue their MBAs from the best institutes in the world and gain valuable experience.

Check | Why CAT exam is important for MBA?

Conclusion

In conclusion, the CAT exam has numerous advantages. It is essential for aspiring MBA students. It not only helps them get admission into the top-notch business schools in India but also allows them to pursue their MBAs from the best international business schools. A good CAT score helps candidates enter top organizations and gain successful careers.

Check Here | Enroll on our CAT Coaching and boost your preparation with SuperGrads CAT online Coaching.