Glossary

Term definitions

Admissions threads recycle acronyms without agreeing what they mean. These entries pin CAT, CAP, WAT, MEP, and NIRF to one definition. When a term drives a decision (MEP vs CTC, qualifying vs call cutoff), follow the link into the matching guide.

Open MEP and CTC before you build any ROI sheet. Open CAP and WAT before you share one interview calendar across campuses. Open NIRF only after you know the job you want and what you can afford. Glossary pages define terms. Reviews and guides apply them to a shortlist.

All terms

Start with the term that broke your last spreadsheet or counselling chat. If two campuses disagree on package labels, read MEP and CTC back to back. If interview logistics collide, read CAP next to WAT and the CAT entry for the admissions path.

• CAP
  CAP explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• CAT
  CAT explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• CTC
  CTC explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• IPRS
  IPRS explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• JAP
  JAP explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• MEP
  MEP explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• NIRF
  NIRF explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.
• WAT
  WAT explained in plain language for IIM and CAT aspirants: what it means, why it matters, and related terms.

Frequently asked questions

Is the glossary a substitute for campus reviews?

No. Glossary entries define terms. Reviews apply those terms to a campus with fees, placements, and a verdict. Use the glossary when a review or guide uses jargon you want pinned down in one place.

Why do MEP and CTC both appear?

Institutes disclose different earnings definitions. Mixing them in one comparison invents false gaps. See the MEP and CTC entries, then the placement-report guide before you model ROI.

Next: programmes · guides.

Anchal Katyal · Founder & Author

IIM Udaipur alumna (PGDM 2015–17). Founded iimHQ after navigating the new-IIM shortlist problem herself: fees, placement evidence, and campus fit over rank-table folklore. She writes the reviews; scores are her editorial judgments. See Disclosure.

Was this page helpful?

Tell us or send a correction.

Yes No Request a correction