MBA Entrance Exam

Though you will manage to get a decent college with such percentile. But, if you believe you can score better, then undoubtedly aim again.

Hello Aakash,
These days, most of the colleges offer guarantee of 100% placement, but what matters is the quality of job.
Either you get a package of INR 2 lakhs or INR 20 lakhs, in both the cases you will be called as placed. But, what matters is will it be worth.
So, don't go for such 'guaranteed placement trap'.
Also, with 85% marks, you will be able to crack decent colleges.
And, the job you will get from there will totally depend upon your intelligence, understanding of the subject, etc.

The time span doesn't really matter, but the dedication matters.
CAT is not an easy nut to crack.
You will have to give your best to pass through it with flying colors.
MAT is an easy option as its difficulty level is below CAT.

Here is the link to your query https://www.shiksha.com/mba/colleges/mba-colleges-accepting-mat-india
Also,
I would like to suggest you to go for NMAT as well along with CAT.
Narsee Monjee College is good for MBA in Pharmaceutical management.
Only cracking MAT might not leave with best of the colleges.

Hello Basil,
You have more than enough time to prepare for CAT.
Go through the syllabus first.
Point out what are your strong areas and weak areas.
Practice your strong areas and work over your weak areas.
Start reading english novels, articles, newspapers daily.That will improve your vocab which is very important for Verbal section of CAT.
Purchase books for the same to practice.
To check the level of difficulty of CAT,
Go through the previous year papers of CAT. Try and solve it.
Time management is a very important aspect.
You need to know that art in order to pass CAT with flying colours.
Good luck!