Thursday, 5 November 2015

10 most common myths about MBA entrance exams



Myth 1: MBA is only about the CAT
Reality: Don't put all your eggs in one basket. Don't decide the fate of your career on your one day's performance. There are exams like XAT, IIFT, CMAT, NMAT, SNAP which you need to take.  
Myth 2: CAT is only about the IIM's
Reality: There are many good institutes like S.P. Jain, MDI, IIT and IMT that also accept the CAT scores  
Myth 3: One needs to attempt 90% of the questions in the exam to get an IIM call    
Reality: MBA entrance exams are about percentile and not about percentage. Absolute performance does not matter, relative performance is important.  
Myth 4: Only the Engineers make it
Reality: More and more institutes are working towards having a diversity (Good mix of Engineers and Non-Engineers in their batch) 
Myth 5: Only people with Work-experience make it  
Reality: Students with work-ex do have an advantage in the second stage of the selection process, but they find it difficult to prepare for the MBA entrance exams along with stringent work timings. 
Myth 6: I need to study 8 hours a day
Reality: With a disciplined and planned study you may be able prepare even by putting in 3-4 hours a day  
Myth 7: I need to have national bench-marking
Reality: It is the quality of students with whom you benchmark that is important, rather than quantity 
Myth 8: I need to take as many tests as possible
Reality: It is important to spend more time in analyzing every test rather than blindly taking test after test  
Myth 9: If I am not doing well in the mock tests, I have no chance in the actual exam  
Reality: Mocks are only net practice. Your performance at the nets is not related in any way to your performance in the actual match. 
Myth 10: My results are guaranteed if I join classes that boasts of good results  
Reality: Classes can only act as facilitators in getting results. It is the student who can overcome all odds to get the results. Join a class that can motivate you to do well and get the results.

Source:
http://cplc.net.in/resources-test-prep/blogs/182-10-most-common-myths-about-mba-entrance-exams

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