You can prepare by self-study. Infact, so many aspirants do exactly that and clear the exam with flying colors.
These exams have well-known exam patterns. Their syllabus hasn't changed since forever. Their style of questions hasn't varied a lot over the years, unlike CAT exam. So, you can predict how these exams are going to be like. You don't need a coaching institute to crack the code for these exams.
However, the right coaching institute can be of immense help. It can help you maintain consistency during the entire preparation period. It can help stabilize your environment for you when things aren't going your way during your preparation. And things won't always go your way.
Many aspirants lack basic knowledge on topics and aren't familiar enough with Google on how to explore useful links on it. This makes them vulnerable to useless information on the web and they end up wasting time. Joining an institute can be helpful to such aspirants.
Some aspirants have anxiety issues and end up questioning themselves at each stage of their preparation. Without an external evaluator, they feel anxious. Joining an institute is essential for such aspirants.
The faculties at most institutes have experience of at least 5 years and that means they know the intricacies of the exam. This can help save your time considerably, which can then be used on your preparation.
All in all, joining a coaching institute is not a necessity, but it is recommended for many due to a variety of reasons. For more information call us +919643110760.