CAT 2003 Slot 1 — DILR Question 20
Answer the following question based on the information given below.
Details of the top 20 MBA schools in the US as ranked by US News and World Report, 1997 are given below.
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Madhu has received admission in all schools listed above. She wishes to select the highest overall ranked school whose
A. Annual tuition fee does not exceed $23,000 and
B. Median starting salary is at least $70,000Which school will she select?
Answer & solution
- A
University of Virginia
- B
University of Pennsylvania
- C
Northwestern University
University of California - Berkeley
She should not select University of Virginia because its median salary is less than $70,000.
She should not select University of Pennsylvania because its tuition fee exceeds $23,000.
She should not select Northwestern University because its tuition fee exceeds $23,000.
∴ She should select University of California-Berkeley (Annual tuition fee is 70,000).
Hence, option (d).