You may take the CAT route to apply for programs other than the PG programs in management, such as FPM ( equivalent to PhD), PGPX ( MBA for work ex candidates) or take the GMAT route. The CAT may be cheaper, but the scores are valid only for the season.
GMAT, on the other hand, can be taken any month according to your readiness and convenience and the scores are valid for up to 5 yrs. Hence even if you miss a season to apply for executive programs you can still use your score for the subsequent seasons.
In addition you have the provision of retaking the GMAT after a calendar month, if you wish to improve your scores and be eligible to apply for the current season before the deadlines.
With GMAT scores you can apply to ISB Hyderabad, IIMs ( PGPX), executive programs from IMT Ghaziabad, IMI Delhi, MDI Gurgaon, NMIMS Mumbai, GLIM Chennai and a host of other B. schools.
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