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To get admission to various colleges offering MBA degrees Including the Indian Institute of Management passing the Common Admission Test (CAT) exam is required. Some other national entrance like NMAT, MAT, SNAP, XAT, CMAT, ATMA are also conducted annually for admission in MBA degrees. MBA stands for Master in Business Administration and the importance of this degree is quite high in the corporate worlds. Anyone having this degree has the edge over his/her other teammates. One of the best-paid job placements is received by students who had done an MBA  from IIMs.

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