CAT 2018 was held recently on November 25. Students all over the country participated in the exam. Among all the CAT aspirants, few score very well while many failed to prove themselves. Cracking CAT is a dream of every management aspirants but it’s a hard nut to crack.
Every year, more than 2, 30,000 candidates sit for the exam to compete for approximately 4,300 seats in 19 IIMs. The ratio of candidates appearing for the exam to seats available stands at 1:53. Due to all such reasons,CAT becomes one of the toughest exams of India to crack. Only one out of 50 students make it to the other end and it has nothing to do with your career options.
With such odds, it is natural that many students aspiring to study in the top management institutes, fail to fulfill their goal and often get disheartened and feel clueless about the future.So, if you are one of those people who couldn’t make then don’t worry, as success is incomplete without a failure. Even though the path you chose for yourself resulted in a dead end, there are still plenty of options open for you. Always remember, no dead end is the end, as you can always take a U-turn.
Here are plenty of alternate options, if you couldn’t crack the CAT exam.
OTHER MANAGEMENT EXAMS
If MBA is all you want to pursue, and you do not feel like giving up on the dream of studying in a business school, then CAT is not the only way to do so. There are plenty of other reputed management exams. You can easily get access to the management education with the help of such exams.
You can appear for various other exams like, CMAT, XAT, SNAP, GMAT, MAT, NMAT, IBSAT, IIFT, KMAT, MICAT, TISS NET, GRE, MH-CET, JAM and GATE, which can be your gateway to other reputed management institutes.
EXECUTIVE MBA
Executive MBA is a one year program which is suitable for candidates having good UG qualifications and several years of work experience. Gradually, this course is becoming more and more popular in India, because of its online availability and part-time curriculum. Indian Institute of Management (IIM), Indian School of Business (ISB), Xavier Institute of Management (XLRI), etc. are offering executive MBA courses.
Executive MBA is equally reputed and recognized in every organization. It is best if you want to step up your game and want growth in your career.
BANK EXAMS
Bank exams are another great alternative for students interested in making a career in finance, commerce and management. A banking career is a stable and lucrative career for those good with numbers and enjoys managing finances. If you think your preparation for CAT was a waste of time, if you couldn’t crack CAT, then you are wrong. In addition to your preparation for CAT, you just have to prepare for current affairs and you are good to sit for a number of banking exams. If you are good at it, then you will easily ace it.
Some bank exams that you can attempt are, RBI Grade A and B Exam, Institute of Banking Personnel Selection, SBI Bank Probationary Officers Exam, Probationary Officers Exam etc.
LUXURY BRAND MANAGEMENT
With your preparation for CAT, you can also opt for luxury brand management. The fashion industry is the fastest growing industry and there is a huge demand for luxury products. It is a specialized area of management associated with various big brands. Candidates interested in making a career in this field need to enroll in the PG Diploma/Masters/MBA courses in luxury brand management after completing graduation.
CHARTERED FINANCIAL ANALYSTS
Chartered Financial Analyst course is a four-year course. It is a good alternate option to enter the field of management. As a Chartered Financial Analyst, you will be trained in areas like financial management, management accounting you will have to deal with investment policies and financial decisions of big companies.
CAREER SHIFT
If you were unable to crack CAT even after few attempts, then maybe you should re-evaluate your decision of pursuing MBA in the first place. Students often do not explore their interests and other fields before jumping to a conclusion of preparing for CAT, as CAT is considered to be a must-do after graduation. There are plenty of other career options than MBA, like, you can prepare for different government exams like State Services Examination, Civil Services Examination, Staff Service Commission, etc.
You have the option to upgrade a skill by online certification and look for a career shift. Popular certifications are- Cyber Security, Artificial Intelligence, Big Data Analytics, Virtual Reality, 3D Printing, etc.
Before jumping to a conclusion, you should evaluate all the factors like your interest, aptitude, emotional intelligence, and working style. It is very important to find a field where you are actually interested in order to have a successful career.
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