Mumbai: The National Management Aptitude Test (NMAT) conducted by Narsee Monjee Institute of Management Studies (NMIMS), for MBA, Part time MBA and Ph.D. aspirants, will be an Online Test from 2010, the institute has announced.

The online move will not only target students from India alone but also candidates from UK and other Asian countries.

NMIMS has a total number of 420 seats available - offering 300 seats under the MBA programme, 30 seats under the MBA (Banking) programme, 30 seats under MBA (Capital market) programme , 30 seats under MBA (Actuarial Science), 60 seats under MBA (Pharmaceutical Management) programme.

"The online move will help in handling a huge number of candidates as the estimated projection for 2009 is of fifty thousand plus compared to forty six thousand candidates last year", an institute official told NNE.

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NMAT comprises of three sections- Verbal Reasoning, Quantitative Analysis and Logical Reasoning carrying equal weight age.

The exam will be conducted for duration of two hours in staggered batches at various centers in India, Australia, UK and 12 Asian countries within a window period of 10 days from January 30, 2010 to February 8, 2010.

Registration for the online NMAT entrance test will commence on October 27, 2009.

A registration fee of Rs.1650 is to be submitted through online payment/demand draft/Cash deposit in select Axis Bank Branches for candidates from India.

An additional sum of Rs.1000 will be charged to those selected for the group discussion/personal interview.

NMIMS will also provide mock tests to the registered candidates.

The online NMAT venture will not only lead to uniformity and transparency in assessment but also reduce malpractice to an extent.

It further implies that the online exam concept is not mere ideation but a step that will promote participation and openness to a wider extent among aspirants and build an environment conducive to learning and growth.