Admission Test (‘Test’ hereafter) is compulsory, but does not carry a very high weight. It would basically help the candidate in meeting eligibility conditions (proficiency in English and Mathematics) and give him/her a higher Career Score if s/he has done very well in the Verbal/English or Quantitative/Mathematics sections. Only the following test-scores are acceptable: CAT (Common Admission Test, conducted by the IIMs) of 29 November 2015, XAT (Xavier Aptitude Test, conducted by XLRI) of 3 January 2016, valid GMAT (Graduate Management Admission Test, conducted by Graduate Management Admission Council), and X-GMAT (Xavier – Graduate Management Aptitude Test, conducted by XUB) of 10 January 2016.
An outstanding academic career and, for one with work experience, also professional career, is required, along with proficiency in English and Mathematics as reflected in scores in one of the above-mentioned tests, high-school examinations (Class-X and Class-XII), university-level examinations (professional and bachelor’s level compulsory/pass/non-honors/general), or high-level examination (honors at the bachelor’s level or subject at the master’s level or beyond). Proficiency in a subject (English or Mathematics) has to be established through high score in that subject in the Admission Test or in the High School Board, Secondary Board, College, University, or Professional examinations. High weight would be given to a candidate, if the candidate has received, from a ranked college/university, a bachelor’s/master’s/MPhil degree in engineering, industrial engineering, finance, accounting, commerce, economics, mathematical economics, statistics, econometrics, operations research, mathematics, physics, business administration, and computer science or the professional certificate for chartered accountants, cost accountants, company secretaries, and chartered financial analyst from March 2014 onwards, with a rank among top-three in his/her college/institution or top-five in his/her multi-college university, or top-100 in the country in a above-cited professional examination. Subject to satisfying proficiency in English and Mathematics, only those who have completed (or about to complete by 15 June 2016) a bachelor’s degree, having a score of at least 60% overall or in honors, grade-point of at least 7.00 in 10-point scale (to be adjusted for other scales), or equivalent in each of Class-X, Class-XII, and bachelor’s degree examinations (50% for the above-mentioned professional certificates) shall be eligible to apply. In case an applicant has scored below the required minimum in the bachelor’s or equivalent professional examination, but secured 60% or more in a higher level examination (like, say, master’s), then s/he would also be eligible.
[Proficiency in English and Mathematics is measured by us by the scores in the tests (above-mentioned admission-tests), school-level examinations (Class-X and Class-XII), college-level examinations (bachelor’s level compulsory/pass/non-honors/general and professional exam), or higher-level examination (honors at the bachelor’s level or subject at the master’s level or beyond). Proficiency in a subject (English or Mathematics) means one of the following: A) at least 80 percentile in the relevant section of a test, B) more than 90 percent in the subject in a school-level examination, C) more than 80 percent in a college-level examination, D) more than 70 percent in a higher-level examination, E) at least 70 percentile each in the relevant section (verbal or quantitative-analysis) of two tests, F) more than 80 percent in each of the school-level examinations, G) more than 60 percent each in two college-level/higher-level examinations, H) at least 70 percentile in the relevant section of a test and at least 70 percent each in two school-level/college-level/higher-level examinations, I) at least 60 percentile in the relevant section of a test, and 70% in each of the school-level examinations, and 60 percent in any of the college-level/higher-level examinations.]
*In case letter-grade or grade-point has been given, equivalent percent should be determined as per the following table, unless an equivalence-table has been provided by the grade/degree-granting entity.
Applicants have to submit the standard XIMB/XUB application form online. After receipt, an application would go through a primary screening and, if it passes, the applicant would be asked to provide more detailed information about academic & professional careers. Based on the data given in the Excel Form, a Career Score for each applicant would be determined on the basis of his/her academic-career (from Class-X onwards), admission-test score(s), area of study, and, wherever applicable, the quality of professional experience. As shown there, weight is given to highly-ranked students from bachelor’s and master’s programs in engineering, industrial engineering, finance, accounting, commerce, economics, mathematical economics, statistics, econometrics, operations research, mathematics, physics, business administration, and computer science as well as chartered accountants, cost accountants, company secretaries, and chartered financial analysts, especially those who have completed recently (March 2014 onwards) or expected to complete soon. Career Score would carry a 90% weight and Interview 10%.
Only if an applicant’s Career-Score exceeds a given benchmark would s/he be called to appear for an Interview. Those found acceptable - after the Interview, which would carry 10% weight - would be offered provisional admission, conditional upon satisfying all eligibility requirements and furnishing all required documents and fees. Interviews would be held in and around March.
the 2016-2018 batch , the plan is to take up to 20 domiciles and up to 20
non-domiciles. Within each category, 5
seats shall be reserved for fresh graduates and post-graduates, 2 for
non-resident-Indians, and 10 for those with work-experience of at least three
years. The residual 3 shall be open to
all and be filled according to merit. If
enough quality applicants are not available in one of the three sub-categories,
the vacant seats would be added to the 3 general seats under that category and
be open to all in that category according to merit. If enough quality applicants are not found in
one category, seats would remain vacant.