The CAT is considered to be the 4th most difficult entrance exam in the world. The number of test takers of CAT this year rose to 2.18 lakh, reaching a 6 year high. The number of seats on offer at IIMs was 3335 last year and is touted to increase by a small margin this year. Now, since you have prepared for the CAT, you will be able to do the simple Math and find out how less the conversion rate is.
With the CAT over, the real battle is just about to begin with Interview Call-getters vying for the limited IIM seats. Naturally, we are going to see a lot of stiff competition among the serious aspirants with only 1 out of 5 call getters getting a seat on an average.
The Interview Round has surprised many candidates over the years, both pleasantly and otherwise.