A Sulky Start for my MBA dreams

its been 2 months since the mantra of GMAT started ringing. In the initial roar of enthusiasm i just fixed the day of my G day. The hope or excuse that... "i have still time" slowly dropped. Now is the time to deliver. Today is 28th Sept exactly 2 months to the G day. Last 2 months where more or less dry, slow and confused. The pressure on spending less money and the practicality of things

So i decided to list out the points today

CAT is also around the corner
XAT IIFT etc are in the queue

Which one should i target. When i fixed the date for GMAT,, i thought that i will be at the high level of confidence if i aim for CAT and then for GMAT
but now after two months
i finally able to point out what is the difference

CAT/XAT/IIFT an exam of resillience
GMAT is an exam of best practices

Let me try to put the pros and cons in line

CAT pros
- Lot of BSchools
- Less fees-3-6 lakhs
- guarenteed placements in India

CAT cons
- 3 lakh students competing for very limited seats
- Paper known to be tough in its nature
- Quota could in place which might decrease chances of normal guy
- Fees is expected to go high
- Chances to get in IIM Practicality for an average student is still very less
- The placement history of IIMs abroad is 10-20%(a restriction made out of
the best students in INDIA)
- Freshers get a better chance because of they are in more touch with concepts
- Less Salary except for the IIMs
- Even i know an IIM guy who earns 8 lakhs /annum in Tech Mahindra

GMAT pros
= Scores around 650+ is enough to get into a good B-School abroad which is
achievable probability far higher than CAT
= Better Exposure
= Better placement opportunities
= Better Salary
= Feel feasible factor
- a citizenship in a better country like Canada or Australia or even US/France
GMAT cons
= extremely high fees (i think as long as loans are available it might not be an issue)
= its a switch of mindset(yes i need to leave my country)
= risk involved is higher in the long run (the market conditions and return of investment not predictable beyond 3 years)
= Essays need attention(need to see the best ones in application)
= need an onsite offer before doing MBA(hopefully i might get soon + i can float that in the Indian share market or real estate for long term )


So What can i do finally
its only one choice prepare for GMAT and study the concepts from CAT books
CATS shall be tackled on the way
it doesnt matter if we cant bell the CAT ,,just make sure that
i am on the right path

I will be posting more regularly about my preparation from now onwards till the Gday
Lets see how it goes
luv you guys