Hello,

Thank you for your question!

Keep in mind that you do not need to go so hard on yourself. I understand that the concept of gap years especially in a country like India is a very daunting option and there is some fear attached to it. But this stigma does not make any sense, especially in your case. The IPCC is a difficult examination and thousands of people give it and fail, they also fail repeatedly. This has no effect on your professional life. The only effect is that you have lost time and can not become a CA, until you pass the required IPCC exams.

But you have now got admitted into a college to complete your MBA. Each college has a standard and a set of criterias to accept students. Since you have got into this college, it means you meet the standards for this college. You have completed one step towards securing a placement.But now the more important part is getting good grades in your college examinations. You will have to work hard for any course, not just MBA. It is a challenging course, but if you study and show dedication, you are bound to get good grades which are the first thing employers consider when you apply for a job during placements. Stay proactive in being updated, take diploma courses in relevant courses of marketing and other business subjects, do internships during your vacations, write research papers on relevant topics. This will help you become a unique student with a unique and valuable set of skills that attract employers to you. 

If your interviewers ask you about your gap year, explain to them that you are a dedicated and hard working person who wanted to ensure you gave the exam your best shot. Unfortunately, it did not work out but you learnt a lot from that experience. They will appreciate the honesty and positivity. A lot of MBA students have gap years and it does not matter as many of them work before doing their MBA or attempt competitive exams during this time. It is all part and parcel of pursuing your education. Do not worry about it.

All the best!