IIM pattern to select students via CAT

A 5-page document outlining exactly how IIM Bangalore admits candidates into its PGP program based on cat entrance is available on the institute website.
All those of you giving CAT this year will no doubt be excited by the contents of this post. Here are the details.

PHASE 1
a) Stage 1 shortlist: This is prepared solely on the basis of performance in CAT. You need to achieve certain minimum cut offs in each section. Of course these cut offs vary from year to year, depending on how test takers have performed as a whole.
b) Stage 2 shortlist: Here is the real bombshell. For all candidates in the first shortlist, the weighted total of five components are used to prepare a pre-GDPI rank list for calling candidates for the GDPI. These are:

(a) CAT (20%)
(b) 10th board marks (15%)
(c) 12th board marks (10%)
(d) Graduation marks (15%)

(e) Work experience or professional course (10%)
This means having a high CAT score is not enough to get an interview call to IIM B. Your past academic performance matters a hell of a lot.
Interestingly, CA is the ONLY professional course eligible for weight under the criterion 'professional course'. And the formula for work ex gives the highest score to candidates with experience of 36 months duration.
Thus the profile of the candidate most likely to get a call from IIM B is as follows:
* High CAT score, cleared all sectional cut offs
* Consistent academic performance across 10th, 12th and graduation.
* 1-3 years work experience.

It would be wrong to guess that other iim may be following the same patter for selection.