The Indian Institutes Of Management (IIMs) have increased the cost of their application forms by Rs 200 for general category and OBC students and by Rs 100 for SCs and STs for CAT-2008 , reports the Times of India
Last year, the Common Admission Test (CAT) form was priced at Rs 1,100 for open category students and Rs 550 for reserved category candidates. This year, this has been raised to Rs 1,300 and Rs 650 repectively. Interestingly, the management institutes had charged Rs 1,100 for the application form in 2004 and then increased it to Rs 1,200 for general category students and Rs 600 for SC/ST candidates in 2005.
In 2006, the IIMs brought down the rate of the form to Rs 1,100 for open category and Rs 550 for reserved category students. Sale of application forms brings in crores of rupees for IIMs. If 1.72 lakh students took the CAT in 2006, the numbers touched 2.07 lakh last year.
The CAT is IIMs' golden goose. The exam rakes in handsome revenue for the management institutes. A report by the V K Shunglu (former Comptroller and Auditor-General) Commission had observed that IIM-Ahmedabad alone netted Rs 168.96 lakh in 2002-03 through CAT against Rs 4.25 lakh in 1991-92. At IIM-Bangalore, the collection was Rs 247.07 lakh, while the expenditure was Rs 51.4 lakh. In the case of IIM-Calcutta, the income from CAT increased to Rs 283.62 lakh in 2001-02 from Rs 33.97 lakh in 1992-93.
The IIMs, which will conduct the Common Admission Test on November 16 this year, have decided to continue with the paper-pencil test. Last year, the IIMs had advertised that they were looking for agencies to take the CAT online.
More Information about CAT 2008
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