MAT 2017 NEWS
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MAT is conducted quarterly every year for admission to MBA/PGDM courses offered by colleges accepting MAT Scores. The leading management exam is conducted for a total of 200 marks and merit is prepared after normalisation of marks over a scaled score of 800. The normalisation is done in order to neutralise the variation in difficulty level of the MAT Test Papers conducted in multiple sessions. There is no specific cutoff marks to get shortlisted as each institute releases its own MAT Cutoff. Let’s take a quick look at the most favorite institutes accepting students above scaled score of 600.
Department of Management studies, an elemantary wing of Indian Institute of Technology, Madras is one of the most sought after management institutes after IIMs. DMS-IITM accepts students with scores above 600. Thus, it is little hard to make it to the esteemed organisation but all the hard work is worth it once you are shortlisted. The Placement offered by the department is enormous and enough to make you go gaga over the insitute. The latest placement detail shared by the institute and same is covered by collegedunia.com
TA Pai Management Institute is at par with IIMs in terms of excellence and academics. Equipped with state of the art faculty and latest study curriculums, the institute is a sure-go for all management aspirants. The institute boasts its placement with 80% conversions from pre placement interviews or summer internships and other competitions. The hiring companies at TAPMI include Google, Ford, IBM and other big names in the market offering highest package of 19.4 LPA. The offered average package is expected to increase in coming years following the 9% raise in offered packages as compared to previous years.
Birla Institute of Technology, Mesra
BIT, Mesra is a private management institute which offers its flagship postgraduate management programs to MAT qualified students. Owing to recent surge in the students to pursue post graudate management courses, BIT Mesra has seen an rise in MAT Cutoff. Established in the heart of Insdutrial city Jamshedpur, the institute justifies its high cutoff with an average placement of 4.85 LPA. The highest package that the institute saw in the academic year 2015-16 was 6.7 LPA. If you are looking forward to jumpstart you career in companies like Dell, Deloite and Royal Bank of Scotland, BIT Mesra is your college.
Xavier Institute of Management and Entrepreneurship, Bangalore
Xavier Institute of Management and Entrepreneurship is known for its state of the art study curriculum and handsome salary packages. The highest package offered to students was 11.96 LPA in 2016-17 and 12 LPA in 2015-16. In spite of the drop in the offered salary, the director assured its students that the institute was already making efforts to bring more organisations and companies on hiring fraternity to ensure better placement in the coming academic years.
NIT Warangal is not a new name for excellence in academic sector. In addition to being the flagship engineering institute, the institute has also proved its mettle in the fields of management. Apart from IIMs and other few leading management institutes, the rise in the number of management aspirants had made NIT Warangal one of the safe choices to make compared to waiting another year for entrances. Though, there is no record of offered packages available on the official website, the highest package is expected to be around 12 LPA and the average package is most likely to be 4-5 LPA (Source: Quora).
Institute of Public Enterprise was set up in 1964 to study policies and issues regarding public enterprises. However, with the passing years, the institute has grown out to be one of the most craved management institutes of the country accepting students through MAT. The cutoff too has seen a exponential rise in these years. Now students with scores only above 600 can expect to be shortlisted in the ace institute. The institute is run privately providing all the latest amenities and facilities to ensure balanced growth of the students. As per information available on Quora, Placement for the academic session 2012-13 ranged from 3 LPA to highest package of 12.1 LPA from Bharti LXA
Course Fee: 8.73 lakh
Expected MAT Cut off: 600+
MDI Murshidabad is the first B-School to acquire global accredition by (AMBA), UK. Following its legacy of being the pioneer in its international approach, the institute strives to acheive new heights with its never ending vigour to train students. The Placement of the institute is also on the rise since its inception with latest placement records of 11.94 LPA as the highest package and 4.92 LPA as the average package. The MAT 2017 Cutoff for MDI Murshidabad is expected to be around 600- 610. Students with their MAT Scores above than the mentioned can apply at the institute’s official website and appear for GD-PI-WAT round.
2 Year Tuition Fee: 1.38 lacs (Under rev. to be decided by Shikshan Shulka Samiti)
Expected MAT Cut off: 650
SIMSREE is one of the oldest management institutes of the country. Equipped with modern state of the art study programmes, the institute is an alma mater to some of the world reknowned personalities. Being one of the most sought after institutes, MAT Cutoff for the institute remains high with minimum scores above 630-670. The placement of the institute is also lucrative with over 15 LPA as highest package and 9 LPA as the average package. The average package is on the rise ever year since the inception of the institute and is expected to follow the trend in the coming years.
2 Year Tuition Fee: Rs. 3.1 lacs (Under rev. to be decided by Shikshan Shulka Samiti)
Expected MAT Cut off: 650+
KJ Somaiya accepts students through other management entrance in addition to MAT thus reducing the chances of MAT appeared students with a high MAT Cutoff. The institute justifies its high cutoff with brilliant placement recods. The highest salary offered by the recruiters at KJ Somaiya in previous academic session was a whopping 20.4 LPA and the average package offered in the placement rounds were 9.19 LPA which is comparably high than the average salaries offered by any of the institutes through MAT.
Here is the list of expected cut off for MBA colleges participating in MAT 2017. The official cutoff list will be released by AIMA in second week of March. The list is prepared considering factors such as MAT Score and Candidate’s profile.
|Top B-Schools||Score/Cutoff percentile|
|Department of Management Sciences, PUMBA (Pune University)||95|
|DSIMS Mumbai||550+ score|
|SIES College of Management, Navi Mumbai||Admission is done on the basis of candidates’ profile|
|IFIM Business School||500+ score|
|AIMS Bangalore||500+ score|
|M S Ramaiah institute of Management||500+ score|
|Kristu Jayanti Institute of Management||500+ score|
|MET IOM||500+ score|
|KJ Somaiya||500+ score|
|MIT School of Business||500+ score|
|Accurate Institute of Management and Technology||450+ score|
|SIOM Nashik||450+ score|
|PCMRD Pune||450+ score|
|Christ Institute of Management||400+ score|
|Sharda University||400+ score|
|Japuria Institute of Management||400+ score|
|Universe Business School, Mumbai||400+ score|
Calculation of percentile in MAT is based on the score of 4 out of 5 components of Entrance test. 200 questions carry 1 mark each with 1/4 negative marking. The maximum score of 200 in MAT is taken as the composite score of 800 on a scale of 1 to 100. Cut off score in the B schools would imply the selection would be made if other parameters are also the same. For example, if there are 10 students with the same score applying to a B school and only 4 seats are vacant, the candidate with better profile, work experience, higher age and gender diversity will be given preference.
Candidates who have scored 500+ may expect a good B school, if they are quick to react and apply to the preferred B schools from the following list according to their scores. However, before applying to B schools in Maharashtra the candidates should cross check the website of the respective B school as well as the DTE Maharashtra site regarding the acceptance of MAT scores. A few B schools in Maharashtra like JBIMS have stopped accepting MAT scores. The applicants should search for applying in these B schools where MAT scores are accepted.
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