94,832 candidates apply for MBA entrance exam in Maharashtra

As the Directorate of Technical Education (DTE) received as many as 94,832 applications, several experts have attributed the growth to its better job prospects.

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Representational image

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As MBA courses are becoming popular among students due to its job oriented programmes, over 94, 000 aspirants in Maharashtra have applied for MBA entrance exam.

As the Directorate of Technical Education (DTE) received as many as 94,832 applications, several experts have attributed the growth to its better job prospects.

Aspirants opt for CET

Following the implementation of state-held Common Entrance Test (CET), a single window for MBA admission, the need of taking multiple entrance tests has been considerably eased .

Earlier, aspirants have to take multiple tests such as Association of Indian Management Schools Test for Management Admissions and Common Management Admission Test for admission to MBA courses in the state.

Moreover, several coaching classes providing preparatory courses to aspirants have seen many students opting for CET.

“We have seen more students applying for CET this year. More students want to study in Maharashtra colleges than in previous years,” said Prasanth Nair, TIME manager, according to Indian Express.

He however observed that even if there is an increased in number of application which may indicate a rise in demand, it did not indicate a change in the management sector.

“The demand for MBA courses was at its peak around 2011 and today’s demand is not even close to what it was back then,” said Nair.

Aspirants may race for seats

As the number of applicant rapidly increased, the competition too has become tougher. Although the availability of seats is not exactly figured, it is speculated that there could be around 25,000 seats across the state.

According to DTE’s Director Dayanand Meshram, every three students will be competing for one seat.

Unlike this year’s increased in number of application, over 10,000 seats had remained vacant in the last academic session. Considering the huge proportion of seats lying vacant in many institutes over the last few years, some institutes have applied to the All India Council for Technical Education (AICTE) for reduction of intake capacity.

“The apex body for professional courses is likely to grant the permission to reduce intake. A final seat count will be available by April 30 when the AICTE grants Extension of Affiliation to all colleges,” said Ramesh Unnikrishnan, AICTE Western Region Director.

source”cnbc”