The country’s estimated Rs 450-500 crore MBA coaching business is all set to witness a fresh spate of action. With the IIMs aiming to take the CAT online by 2009, coaching biggies like TIME, Career Launcher and IMS are all chalking out plans to adapt to the new development.

According to industry insiders, this is also likely to mean that MBA aspirants now have to fork out more for their coaching as well. That’s because the coaching centres have to incur a significant investment towards infrastructure , HR and intellectual bandwidth to adapt to the changing trend. And the costs involved in the exercise are likely to be passed on to students.

And there are plenty of them! For the number of CAT students has been growing steadily. In 2006, it was 1.8 lakh-plus and for CAT 2007, it crossed the 2.3 lakh mark. In 2008, the figure may cross 3 lakh. And it’s estimated about 50% of them take coaching at various institutes. All the more reason, why coaching institutes need to step up to the challenge. However, the lack of clarity on the modalities of the online exam is proving to be an impediment.

Categories: Achieve your goal, Admission Requirements, CAT Centers, Common Admission Test (CAT), Qualifying Examination
Tags: CAT Papers, Coaching Institutes, MBA Papers