Find the acceptance rates for MBA programs at Stanford University (7 percent) and Harvard University (13 percent) terrifying? Here's a bit of perspective: Not even 1 percent of applicants were admitted to India's top business school last year. The Indian Institute of Management in Ahmedabad (IIM-A) offered spots to only 0.25 percent of applicants for the 2012-14 academic years. Entry is based heavily on their performance in India's Common Admission Test, or CAT.
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