The quantity of college students making use of this yr for the Common Admission Test (CAT), the doorway examination for the IIMs and lots of different control institutes, has witnessed a drop of extra than five according to cent over closing yr’s parent, at a time there was a pointy boom in activity losses amongst white-collar professionals.
CAT 2020 has registered 2.three lakh applicants after the closing date of registration changed into prolonged with the aid of using a week. Last yr 2.forty four lakh college students had carried out. The parent changed into 2.forty one lakh in 2018, 2.31 lakh in 2017, and 2.32 lakh carried out in 2016. This yr’s registration quantity is the bottom due to the fact that 2015 while 2.18 lakh applicants had carried out for the admission check.
There are almost five,000 MBA seats withinside the united states’s 20 IIMs. IIM Indore is in rate of protecting CAT this yr on November 29 in one hundred fifty five cities. The closing date for registration to begin with changed into September sixteen however changed into prolonged to September 23 with none purpose being cited.
The IIMs rate among Rs 12 lakh and Rs 23 lakh for the two-yr MBA programme. Most college students pursue the direction with the aid of using taking schooling loans, which they pay off once you have jobs.
“This yr the activity state of affairs is steadily worsening because of the monetary downturn particularly due to the Covid-19 pandemic. The unfold is but to peak. There isn't anyt any readability on how lengthy it might take for the financial system to go back to the pre-Covid levels.
“That might be the purpose influencing the college students’ desire of publications this yr,” stated an IIM Ahmedabad college member.
According to a current document of the Centre for Monitoring Indian Economy (CMIE), the united states misplaced near one-0.33 of its white-collar jobs among May and August. An predicted five.nine million (32.6 according to cent) of the 18.1 million white-collar jobs withinside the united states had been misplaced in those 4 months.
The currently held Joint Entrance Examination (JEE) Main, for admission to engineering publications, witnessed 25 according to cent absenteeism. The IITs have declared that 1.6 lakh pinnacle scorers might be eligible to take the JEE Advanced on Sunday. Till Thursday, 1.fifty five lakh applicants had downloaded admit cards.
