yeah, these people do consider the acads but even if u have decent acads, u can get thro'.
there is no cut-off as such for NIT or non-NIT people.
i had quite theek-thaak acads in my engg but still have made it.
well even i m preparin for cat 06 i have read ample of books of all sort( even ayn rand)
but i always feel that it wud be better to mug up words rather than this .........i m a third yr engg student have okey acad. n aimin for iims can u suggest wat sort of books i shud read? is reading et a must?