Eligibility
The minimum requirements for almost all institutes to seek admission to their Master’s Degree / Post-Graduate Diploma in Management are :
A Bachelor’s Degree (or equivalent) in any discipline, with at least 50% aggregate marks
(45% for reserved categories)
OR
Post-Graduate applicants having at least 50% marks (45% for reserved categories) in either their Bachelor’s or Post-Graduate Degrees.
Note : Some institutes also require that applicants have 50% at 10th and/or 12th level. Some also have higher eligibility percentages (55-60%) at graduation level.
Prospectus and Application Forms
Most institutes advertise in all leading newspapers, indicating where, when and how interested candidates may apply for prospectus and application forms. On receipt of duly filled application forms, the institutes issue test admit cards which entitles the candidate to take the entrance test.
The Prospectus for various institutes are priced anywhere between Rs. 300/- to Rs. 1000/-. Most of the institutes include the examination fee in this price. However some may ask for additional amount as examination fee. Considering the high cost of appearing for an entrance test, it is advised that students must plan out in advance about which exams they would like to take up seriously and fill up only those forms.
Written Test
The first phase of selection of candidates for admission to the Masters / Post-Graduate Diploma in Management is on the basis of their performance in a Written Test. This seeks to test the aptitude of the candidates in four major areas - Verbal Ability, Reading Comprehension, Quantitative Ability and Business Data Interpretation.
Some institutes also ask Business and General Awareness questions while some may include an essay writing section.
Group Discussion & Interview
After the entrance exam every institute shortlists candidates for qualitative assessment which mainly includes two stages.
- Group Discussion.
- Personal Interview.
IIM Bangalore also has a test on essay writing.
SP Jain Mumbai has a Group Interview.
XLRI Jamshedpur only has an Interview and no GD.
FMS Delhi also has an extempore speech as part of the selection process.
Leadership abilities, good grasp, analytical thought process, communication skills and other personality attributes are assessed via this stage of selection.
Final selection is based on assessment based on marks in the written exam, the Group Discussions and Personal Interview. Work experience is given additional weightage at most of the institutes.
