Let us go through a brief overview and leave the rest for you to decide. To reach MICA's flagship post-graduate program: Diploma in Management - Communications (PGDM-C), you would first have to crack the national level test - MICAT. This program offers a total of 180 seats. 

A few points to remember are:

• This exam is conducted twice a year - December and January. 
• The duration of the exam is 2 hours and 45 minutes.
• The exam is confined to 3 different areas.
• The total number of questions is 145.
• For each correct answer, you would gain 1 mark and you would lose 0.25 marks for each negative answer.

• When you reach the Psychometric and Descriptive sections, you would have no negative marking.

Now, if we compare CAT, which is already a popular MBA exam in front of this exam, let us go through these points -

• The total number of questions is 100.
• The question paper is divided into 3 sections.
• The total number of questions that carry negative marking is 75.
• The total number of questions with negative marking is 25.
• Each correct answer is 3 marks.
• Negative marks in MCQs is 1 mark.

Indeed, if you crack either of these exams, you would most definitely end up in an MBA institution. And the entire process will vary along with various other aspects before you begin a proper campus life. But then MICA has an entirely different reputation as an MBA institute than others.