The Supreme Court has extended its last year's stay order on the AICTE notification that had sought to do away with major MBA entrance exams in favour of only the CAT and MAT.

For the coming admission season of 2012-13 too, PGDM institutes can continue their admission processes on the basis of scores attained by aspirants in the five national management entrance tests CAT, MAT, XAT, ATMA and CMAT, the Supreme Court said on July 10.

The regulator wil also allow AICTE-approved b-schools to run 5-year dual-degree management programmes after high school.

Instead of stifling b-schools with autocratic punitive powers, an AICTE-like regulator should instead be aiding them with faculty development, upgradation and internationalisation, argues BIMTECH Noida Director Dr Harivansh Chaturvedi.

The b-school shakeout is the starkest in Rajasthan and Andhra Pradesh, while Maharashtra and Tamil Nadu will continue to add new b-schools.

Top b-schools that are accepting the CMAT scores are still working on a strategy to incorporate the new test in their admissions processes.

The top three ranks were secured by candidates from New Delhi, Mumbai and Rajkot.

B-schools are free to use any of XAT, ATMA, MAT or GMAT for PGDM admissions this year.

CMAT 2012 officially ended on February 28, though the test was extended an extra day in Kolkata due to the nationwide strike.