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First of all, both CAT and GMAT have different patterns. Although, both measure a person's abilities like Quantitative and verbal, but the content differs. GMAT is an adaptive test, which means as you answer the question right, a harder question will be given to you and if you answer wrong, a question easier or equal to your last question will be given. You can move forward only if you answer the current question. Whereas, CAT is a linear test where questions are numbered and you can go back and forth anytime and choose which question you want to answer first. The verbal ability parts of both the exams are somewhat different. While GMAT has Sentence Correction, Reading Comprehensions and Critical Reasoning. CAT has some similar question types but it focuses more on grammar and vocabulary. GMAT also has Analytical Writing Assessment and Integrated Reasoning which is different from Logical Reasoning and Data Interpretation questions in CAT. So Preparing for CAT may somewhat help, but since the pattern differs you have to study according to the question type and timing of the exam. Again, GMAT requires SMART studying whereas CAT requires a lot of practice.

Having work experience and being a fresher have their own advantages and disadvantages, so it doesn't make much difference. Yes, the work experience people might come up with a solution to a problem, they have actually faced in their work life by the same can be done by a fresher, if they are avid readers. Yes, you can get into an IIM if you don't have work experience a good every year are fresher's and if the interviewer finds you fit, you'll have a very good chance. Talking about placements, there are. Many companies who prefer work experience people but there are many who prefer fresher's aswell. So, it is not something thought upon.

Hello Vartika,
Let me not misguide you like everyone is doing. I will show you a clearer picture.
*Firstly, Maths is not required for you to 'apply' for CAT/MBA. Anyone from any stream or field can apply for MBA.
*Secondly, every exam of MBA has a section dedicated to 'Quantitative Ability' or Maths. Maths studied upto 10th standard comes in all the exams (basic level). Since CAT is the top most exam in the country, higher maths is included too. So, you need to clear the basics then move a level higher.
*Thirdly, how poor are you in maths? If you are very poor and barely pass, don't give CAT. Give some easier exam instead. If you are average or above average, go for it! Take coaching and learn the tricks of solving. People somehow get into MBA even when they have low aptitude because they apply in below average or average colleges.
* Fourthly, people say that those who aren't good enough in Maths can score well in other sections.
This is a myth. Every section has some weightage. And, Maths' section easily has the highest. #Remember anything is possible. If you badly want to do MBA from the top institute, start to like Maths. If you hate it badly, like I do and don't have a great purpose for getting into MBA/Corporate, then just leave it.