How Much Should We Attempt To Get 99th Percentile? - 2IIM

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The numbers indicate correct answers/attempts. For instance, in order to get 90th percentile in DI-LR, one should shoot to attempt 15 questions and get 12 of these correct.

Now, on to the assumptions

Without assumptions, what is the basis of all analysis? Those fungible, flexible, stretchable, delicious things called assumptions are the vital cog in the modern economy. We would not want a crucial table to be created without those assumptions, would we?

We have assumed DI-LR would be slightly easier in 2016 than it was in 2015 and that Verbal would be slightly tougher. Why? We like to use the term “regression to mean”. But you could have easily said “because we can”
In an ideal world, there is nothing called as Target Hit rate or target accuracy ( target hit rate should always be 100%) , but we suspended the idea of the ideal world a while ago. So, we have accounted that students factor this kind of accuracy variable in.

What are the real takeaways here? Enough of snark

If you want a higher percentile, make sure your error rate is close to zero. From 95th to 99th percentile, attempts go up very little, improved accuracy contributes most of the leap. Anyone who is ambitious enough to think of 99th percentile and beyond has to be absolutely pig-headed about accuracy. All this talk of 70% hit rate is humbug. Would you go on a bus if the driver had a 70% accident-free rate?

If someone says that he/she is confident of 70% accuracy, he/she is talking out of his/her hat. Which 70%? Why did you just not leave the other 30%? If you are clueless about which 70%, might it be lower? Could it go as low as 20%? What are you really sure of? Are some of the good questions that can be asked of the student. If you are part of the brigade happy with a lowly 70% accuracy, ask yourself these questions, and then relentlessly chase 100% accuracy.

What about the overall percentile?

80th percentile in each section should see the overall percentile close to 90. 90 in each section should take you to 95 overall. 95 in all three will take you to 98-ish overall. 97-ish in all three will fetch an overall score of 99.xx. 99 in each section should see you in the 99.6+ range. Average of the three percentiles and a healthy boost to that would usually take you to the overall percentile.

Best wishes for CAT preparation. Bear in mind that these are just broad targets to give yourself an anchor prior to the exam. Do not take these two seriously. Approach the exam with an open mind.

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About the Author:

Rajesh Balasubramanian runs 2IIM’s CAT program and handles more than half the classes for CAT preparation. He completed his Electrical engineering from IIT Madras in 2001 and PGDM from IIM Bangalore in 2003. He worked as an equity Research Analyst at Credit Suisse, London. This was an enriching experience, in a literal sense; and a soul-sapping experience otherwise. He finally quit his job in 2009 and joined 2IIM as director in 2010.