Preparing for CAT

1. Appear online  diagnostic test for CAT.
TestFunda iCAT ( free). Such tests are also available in preparation books such as Arun Sharma and others.

2.Buying Study Material

1. At least one coaching institute package like Career Launcher, TIME, TestFunda or others.
2. Arun Sharma Quant + Verbal + DI books.
3. Total Gadha Book on Number System.
4. Normal Lewis Vocab book

3.STUDY PLAN

1. Plan your study schedule such that you finish the entire syllabus or the most part of it at least two months before the date of the exam.
2. Try and study all the three subjects every day rather than picking up one subject a day or per week. Divide time between the subjects and then continue your studies on all three fronts.
3. Read Novels and articles online for building stamina on the screen.
4. Take a break in between and try to stick to your schedule. Remember, CAT is more about diligence than intelligence. There are many average students (academically speaking) who have made it to the IIMs.
5. Join the Pagalguy Quant thread if you still have time on your hands.

Detail study plan available here http://www.cat2011.org/cat-2011-preparation-how-to-begin/#more-249

Top MBA forums & social networking sites

1. Beat The GMAT
Claimed to be  the world's largest social network for MBA applicants, serving over 2 million people each year.http://www.beatthegmat.com/forums
Its  mission is to be the top community that empowers people to learn, share, teach, and support each other throughout the MBA admissions process.

6 steps to crack GMAT

If you plan on attending business school, taking the GMAT is a must. The GMAT is a standardized admissions test that is required by nearly every accredited business school in the U.S. and in other countries.

As with most standardized tests, preparation is the key to getting a good score. You should begin preparing for the GMAT at least four months prior to taking the exam.

The GMAT study plan shown below can help you get started. Modify it accordingly to fit your individual needs.

Difficulty: Hard

Time Required: Four Months +

Here's How:

1. Buy a Good GMAT Prep Book
   
2. Utilize Your GMAT Prep Book
   
3. GMAT Practice Questions
   
4. Evaluate Your Progress
   
5. Consider a GMAT Prep Course
   
6. The Final Practice Test

For details visit http://businessmajors.about.com/od/satgmatpreparation/ht/HowToBeatGMAT.htm

More Indian MBA colleges accept GMAT now

The Graduate Management Admission Test (GMAT), an assessment for business and management programmes, is now accepted by more than 5,000 programmes, according to the Graduate Management Admission Council (GMAC), which owns the GMAT.

 Much of the growth is due to increases in usage by programmes in Asia and Europe.


GMAC recently added to its list of member schools, which includes top institutions such as Harvard Business School, Stanford Graduate School of Business, University of California, Berkeley, London Business School, Wharton School, Indian School of Business, INSEAD and Hong Kong University of Science and Technology.
New developmentsWith 17 new members since December 2010, the total membership in GMAC stands at 200. More than 75% of the latest members are based outside the US, including six in Asia and Australia.

With its test administrator and developer, Pearson VUE and ACT, respectively, GMAC has been innovating with the GMAT and the use of technology.

Among the developments:
. New “Integrated Reasoning” section of the GMAT to be introduced in June 2012
. The number of GMAT centres has grown 37% in the last five years, from about 400 in 96 countries in 2006 to more than 550 in 110 countries in 2011
. GMAC now has offices in London, New Delhi and Hong Kong, developing specific programmes and initiatives tailored to schools and test takers in those markets
New members
The 18 member schools admitted since December 2010 include India’s Great Lakes Institute of Management, Indian Institute of Management, Ahmedabad, NMIMS University, and SP Jain Institute of Management & Research.
Source
http://www.hindustantimes.com/More-takers-for-GMAT/Article1-692664.aspx

Ten things you always wanted to know about MBA

1. MBA does not provide  indepth training in a specific field like major/honours etc.

 

2. The degree Master of Business Administration is not the same as Master of Science.

 

3. The MBA is a general broad degree covering a wide variety of business issues and training students for careers in managing any area of business.

 

4. MBA students study accounting, finance, marketing, statistics, management, strategy, policy, leadership and similar courses.

 

5. Many MBA programs offer specialisations, but this usually amounts to 2-3 elective courses in a specific field. Thus an MBA in marketing may amount to a student taking Market Research, Advertising, and Consumer Behavior as a marketing concentration, while a finance concentration may mean courses in Mergers and Acquisitions, Security Analysis, and Intermediate Accounting.

 

6. An MBA student may opt to take electives in Production, Accounting, Marketing, Human Resource Management and other areas in order to broaden his background rather than concentrating in a single area.

7. More important than a specialisation is  choice of school.

 

8.Before you consider an MBA program consult the Official MBA Guide, a comprehensive free public service with more than 2,000 MBA programs listed worldwide. It allows you to search for programs by location (US, Europe, Far East, etc.), by concentration (finance, marketing, aviation management, health management, accounting, etc.), by type of program (full-time, distance learning, part-time, etc), and by listing your own criteria and preferences to get a list of universities that satisfy your needs.

 

9. You can use the Guide to contact schools of your choice, examine their data, visit their web site, and send them pre applications.

 

10. You can see lists of top 40 schools ranked by starting salaries of graduates, GMAT scores, and others. It's the best service available at

 

Resourses:

 

 http://officialmbaguide.org/

Serge M http://answers.yahoo.com/question/index?qid=20081011201447AArMDEt