In a move aimed at arresting the number of candidates appearing for entrance tests for elite business schools, the Indian Institutes of Management announced on Sunday that they should have secured at least 50 per cent marks during graduation to be eligible for the Common Admission Test (CAT) 2006.
The new eligibility criteria for this year's CAT, to be held on November 19, was announced by the IIMs.
The announcement stipulates that candidates must hold a Bachelor's Degree with at least 50 per cent marks to be eligible this year as against only "successful completion" of their graduation hitherto.
It has been fixed at 45 per cent marks this year for students belonging to SC, ST or persons with disability category, it said.
The duration of the examination is also set to increase by 30 minutes to two-and-a-half hours.
Making a special reference to government's proposed move to reserve seats for OBC candidates during academic year 2007-08 in elite educational institutions, IIMs said "the details of the reservation for candidates belonging to OBCs would be notified by the IIMs on their websites and through a an advertisement in national newspapers on receipt of an official communication from the approprite authority".
Observing that no student should be denied opportunity to pursue the management course for want of adequate financial resources, the IIMs said substantial need-based scholarships were available for students belonging to economically disadvantaged families.
Over 1.5 lakh students appeared last year in the CAT examination for admission to six IIMs at Ahmedabad, Bangalore, Kolkata, Indore, Kozhikode and Lucknow.