I am giving up my job in October 2019 for preparation of CAT 2020. How many years will be the gap that will be considered?
Hello Aspirant,
According to me, quitting is not going to be a good decision because when you will go for an interview there you'll be asked why you quit your job, and unfortunately the interviewer will think you are not good at multi tasking which will prove into a negative marks IIMs and other top-schools slot candidates into two categories for placements — regular and lateral.
Lateral placements are for people with a certain amount of work experience for roles that are above entry-level management roles. What is that certain amount of work experience?
It differs from college to college. Some base it on the absolute number of months such as 20, 22 or 24, others decide based on the average work-ex in the batch. Either way it usually falls into the 20-24 range.
Also, it is important to note that for some domains and firms having work-ex is a must-have and hence recruiters look purely at lateral candidates.
So by now, it will be clear that quitting will not affect your chances if you do it after finishing 2 years of working, I would say around 24 months is maybe the ideal amount of work experience to have to go into an Indian b-school.
If you already have 3 years of experience and a relatively weak resume it makes sense to quit your job, prepare for CAT, and build your profile.
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