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| New CAT format for IIMs to cost HRD ministry $40m | | | Agencies
BANGALORE Aug 3
Believe it or not a whopping $40 million dollars will cost to HRD for New CAT Format this year. The Prometric, a leading provider of technology-enabled testing and assessment services, has bagged the contract to computerise the test from this year.
According to the sources nearly 2.5 lakh students take the test for a mere 1,500 seats in the seven IIMs. After following the paper-pencil format for 33 years, the Common Admission Test (CAT), touted as one of the toughest entrance tests for entry into IIMs, is said to be the most expensive test too.
Confirming that Prometric had bagged the CAT contract, Ramesh Nava, vice-president and general manager, Asia Pacific, Japan and Africa told media persons: “We’ve bagged an exclusive $40-million contract. We currently employ 200 people in India. For CAT 2009, we’ll add resources including dedicated test development team.”
According to Prof Satish Deodhar of IIM-Ahmedabad, who is coordinating the conduct of CAT 2009, the fees has been fixed at Rs 1,400 for general category students and Rs 700 for SC/ST students.
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