Top 50 B-Schools Accepting GMAT Scores in India
Find out about the top 50 B-Schools accepting GMAT scores in India along with their fees and estimated GMAT cut-off required for MBA admission.
The top 50 B-Schools accepting GMAT scores in India include ISB Hyderabad, XIM Jamshedpur, IIM Indore, SPJIMR Mumbai, Amity School of Business Noida, and IMT Nagpur, among others. The colleges accepting GMAT scores also offer admission to candidates in various MBA programmes on the basis of other entrance exam scores. These premier institutes are known for their excellent pedagogy, infrastructure, placements, industrial training, global exposure, and many other facilities.
Graduate Management Admission Test, popularly known as GMAT, is conducted for admission into Management programmes offered by some of the top MBA colleges in India as well as abroad. The test is administered by the Graduate Management Admission Council (GMAC) to test the skills of the prospective candidates, essentially comprising of questions that can measure their capacity to shine in the Management field. If you are seeking admission into MBA colleges through GMAT scores, then have a look at the top 50 B-Schools accepting GMAT scores in India.
Also Read: Which MBA College in India Offers the Best Placement?
The top B-Schools accepting GMAT scores in India include some of the elite institutes known for offering the best quality education and excellent placements. Take a look at the list below to decide which one to go for.
Top 50 B-Schools Accepting GMAT Scores in India
S. No. | Name of the MBA Institute | Location | GMAT Cutoff | Average Salary (PA) |
1 | Hyderabad | 700 | Rs. 23.00 lakh | |
2 | Jamshedpur | 650 | Rs. 21.00 lakh | |
3 | Indore | 700 | Rs. 20.79 lakh | |
4 | Mumbai | 650 | Rs. 22.24 lakh | |
5 | Noida | 550 | Rs. 6.00 lakh | |
6 | Nagpur | 500 | Rs. 7.50 lakh | |
7 | Bangalore | 600 | Rs. 7.70 lakh | |
8 | Bangalore | 450 | Rs. 5.80 lakh | |
9 | Mysore | 550 | Rs. 7.14 lakh | |
10 | New Delhi | 120 | Rs. 4.50 lakh | |
11 | Bangalore | 500 | Rs. 6.10 lakh | |
12 | Bangalore | 50 | Rs. 4.50 lakh | |
13 | Bangalore | 700 | Rs. 21.00 lakh | |
14 | Bhubaneshwar | 550 | Rs. 12.91 lakh | |
15 | Bangalore | 450 | Rs. 5.00 lakh | |
16 | Mumbai | 550 | Rs. 7.00 lakh | |
17 | Hyderabad | 500 | Rs. 7.00 lakh | |
18 | Calcutta | 700 | Rs. 17.14 lakh | |
19 | Delhi | NA | Rs. 13.11 lakh | |
20 | Delhi | NA | Rs. 20.07 lakh | |
21 | Mumbai | NA | Rs. 17.79 lakh | |
22 | Ghaziabad | NA | Rs. 12.50 lakh | |
23 | Manipal | NA | Rs. 11.00 lakh | |
24 | Shillong | NA | Rs. 16.70 lakh | |
25 | Greater Noida | NA | Rs. 8.02 lakh | |
26 | Mumbai | NA | Rs. 20.80 lakh | |
27 | Mumbai | NA | Rs. 8.00 lakh | |
28 | New Delhi | NA | Rs. 9.20 lakh | |
29 | Delhi | NA | Rs. 6.20 lakh | |
30 | Sri City | NA | Rs. 8.70 lakh | |
31 | Pune | NA | Rs. 6.00 lakh | |
32 | Greater Noida | NA | Rs. 4.80 lakh | |
33 | Coimbatore | NA | Rs. 6.25 lakh | |
34 | Bangalore | NA | Rs. 7.50 lakh | |
35 | Pune | NA | Rs. 6.00 lakh | |
36 | Ghaziabad | NA | Rs. 6.10 lakh | |
37 | Hyderabad | NA | Rs. 5.00 lakh | |
38 | Bhubaneshwar | NA | Rs. 6.91 lakh | |
39 | Chennai | NA | Rs. 6.05 lakh | |
40 | Gurgaon | NA | Rs. 4.50 lakh | |
41 | Dehradun | NA | Rs. 4.80 lakh | |
42 | Mumbai | NA | Rs. 4.50 lakh | |
43 | Bangalore | NA | Rs. 5.37 lakh | |
44 | Ahmedabad | NA | Rs. 5.95 lakh | |
45 | Chennai | NA | Rs. 5.30 lakh | |
46 | Chennai | NA | Rs. 3.00 lakh | |
47 | Bangalore | NA | Rs. 4.70 lakh | |
48 | Mumbai | NA | Rs. 9.50 lakh | |
49 | Pune | NA | Rs. 5.50 lakh | |
50 | Gurgaon | NA | Rs. 4.50 lakh |
Please note that the above list is based on reports from different sources. Colleges have been listed in no particular order.
Also Read: Trending GD Topics to Boost Your Preparation for the Top B-Schools in India
Top MBA Colleges Accepting GMAT Score in India: Courses Offered
Find below the different courses offered by various MBA colleges accepting GMAR scores in India.
Name of the MBA College | Course Offered | Duration |
SPJIMR Mumbai | Master of Business Administration | 2 Years |
IMT Ghaziabad | Master of Business Administration | 2 Years |
IMI Delhi | Master of Business Administration | 2 Years |
Xavier University Bhubaneswar | Master of Business Administration | 2 Years |
Great Lakes Institute of Management Chennai | Master of Business Administration | 2 Years |
T A Pai Management Institute (TAPMI) Manipal | Master of Business Administration | 2 Years |
KJ Somaiya Institute of Management Studies & Research (Mumbai) | Master of Business Administration | 2 Years |
Goa Institute of Management (GIM) Goa | Master of Business Administration | 2 Years |
FORE School of Management (New Delhi) | Master of Business Administration | 2 Years |
Lal Bahadur Shastri Institute of Management (Delhi) | Master of Business Administration | 2 Years |
BIMTECH (Greater Noida) | Master of Business Administration | 2 Years |
MICA Ahmedabad | Master of Business Administration | 2 Years |
IFIM Business School (Bangalore) | Master of Business Administration | 2 Years |
SOIL - School of Business Design (Gurgaon) | Master of Business Administration | 2 Years |
ISB Hyderabad and Mohali | Post Graduate Programme in Management (PGP) | 12 Months |
IIM Ahmedabad | PGPX-Post Graduate Programme in Management for Executives (PGPX) | 12 Months |
IIM Bangalore | Executive Post Graduate Programme (EPGP) | 12 Months |
IIM Calcutta | MBA for Executives (MBAEx) | 12 Months |
XLRI Jamshedpur | PGDM (General Management) | 15 Months |
SPJIMR, Mumbai | PGPM | 15 Months |
IIM Indore | EPGP | 12 Months |
Great Lakes Institute of Management Chennai | PGPM | 15 Months |
MDI Gurgaon | National Management Programme (NMP) | 15 Months |
K J Somaiya Institute of Management Studies & Research, Mumbai | PGDM-Executive | 15 Months |
Also Read: GMAT vs GRE: Which Exam to take for MBA in Abroad Universities?
Top MBA Colleges Accepting GMAT Score in India: Eligibility, ROI
The top MBA programs, the eligibility criteria, and the ROI of the MBA programs offered by some of the most eminent B-Schools in India have been mentioned below.
Indian School of Business (ISB) – Hyderabad and Mohali
Program | PGP, YLP |
GMAT Score | 710 |
Duration | 12 Months |
Eligibility Criteria |
|
Average Fees | INR 35,00,000+ |
Average Salary | INR 28,00,000+ |
Indian Institute of Management (IIM) – Ahmedabad, Bangalore, Calcutta, Lucknow, Indore
Location | GMAT Score | Program | Duration | Eligibility Criteria | Average Fees | Average Salary (in INR) |
Bangalore | 700+ | EPGP | 1 year |
| 27,00,000+ | 28,00,000+ |
Ahmedabad | 705+ | PGPX | 1 year |
| 28,00,00+ | 30,35,000 |
Calcutta | 700+ | PGPEx | 1 year |
| 27,00,000+ | 26,00,000+ |
Indore | 700+ | EPGP | 2 years |
| 20,00,000 | 20,67,000 (Highest was INR 31,00,000) |
Lucknow | 680+ | IPMX | 1 year |
| 23,00,000 | 22,00,000 (Highest was INR 52,00,000) |
Also Read: MBA without GMAT in Top Business Schools Abroad
Management Development Institute (MDI), Gurgaon
Program | PGDM (NMP) |
GMAT Score | 680 - 700 |
Duration | 15 Months |
Eligibility Criteria |
|
Average Fees | INR 12,80,000 - 23,58,000 |
Average Salary | INR 19,00,000 |
Xavier Labour Relations Institute (XLRI), Jamshedpur
Program | Executive PGDM |
GMAT Score | 700 (can be 650+ also depending on the number of candidates applying) |
Duration | 12 Months |
Eligibility Criteria |
|
Average Fees | INR 20,00,000 |
Avg. Placement of top 50% of the batch | INR 20,00,000 |
Narsee Monjee Institute of Management Studies (NMIMS), Mumbai
Program | MBA |
GMAT Score | 600+ |
Duration | 2 years |
Eligibility Criteria |
|
Average Fees | INR 21,90,000 |
Average Salary | INR 29,90,000 |
SP Jain Institute of Management and Research, Mumbai
Program | MBA (2 years), PGDM (2 years), PGPM (1 year) |
GMAT Score | 680+ (and 650 for PGPM) |
Duration | 2 years/1 year |
Eligibility Criteria |
|
Average Fees | INR 17,50,000 (PGDM) |
Average Salary | INR 26,00,000+ (PGDM) |
Indian Institute of Foreign Trade, Delhi
Program | MBA |
GMAT Score | 650+ |
Duration | 2 years |
Eligibility Criteria |
|
Average Fees | INR 18,25,000 |
Average Salary | INR 25,16,000 |
IMT, Ghaziabad
Program | PGDM, PGDM-Ex |
GMAT Score | 650+ |
Duration | 15 months |
Eligibility Criteria | Candidates must have a minimum three-year Bachelor's degree or equivalent with minimum 50% aggregate marks in any discipline |
Average Fees | INR 19,00,000+ for PGDM (15 Lakhs for PGDM Ex) |
Average Salary | INR 14,00,000+ |
MBA Colleges Accepting 700+ GMAT Scores in India
Let us look at the Indian B-schools of which the average GMAT scores are higher than 700:
Indian School of Business (ISB)
Indian Institute of Management, Bangalore (IIM-B)
Indian Institute of Management, Lucknow (IIM-L)
- Indian Institute of Management, Ahmedabad (IIM-A)
MBA Colleges Accepting 650 GMAT Scores in India
Let us look at the Indian B-schools of which the average GMAT scores are less than 650:
Indian Institute of Management, Rohtak
Great Lakes Institute of Management
Indian Institute of Management, Kozhikode (IIM-K)
Indian Institute of Management, Indore (IIM-I)
Narsee Monjee Institute of Management Studies
The average GMAT scores at IIM, Calcutta, XLRI, MDI, and SP Jain are 690, 686, 660, and 660, respectively.
Advantages of Taking GMAT
The GMAT exam has been designed for business schools by business schools to specifically assess if the candidates possess the skills most relevant to succeed in a graduate management business program. The GMAT exam shows business schools that the candidates are serious about earning a graduate business degree by demonstrating their commitment and readiness to tackle the rigors of a graduate business program. Also, unlike the CAT score that is valid for a year, the GMAT score is valid for five years. Candidates can take the GMAT exam any year and apply to their desired B-schools in a couple of years. Choosing the GMAT exam depends on a number of factors like:
Career Goals
Choice of Program
Location Preference
Investment vs Return
Also Read: Understanding GMAT Score and GMAT Percentile
Career Prospects after Graduating from Top B-Schools Accepting GMAT Scores
After completing MBA, many graduates become eligible to seek employment in a diverse number of sectors such as finance, management, human resource, pharmacy, IT, business analytics, marketing, agriculture, hotel management, etc. Some specific job profiles that students become eligible for after studying at the top b-schools in India accepting GMAT scores have been mentioned below:
Project Manager | Relationship Manager |
Business Analyst | Financial Analyst |
Regional Sales Manager | Accounts Manager |
Executive Assistant | Investment Banker |
Marketing Specialist | HR Manager |
Business Development Manager | Senior Sales Executive |
Also Read: GMAT vs CAT Differences: Which is Better?
Top Companies for MBA Graduates from B-Schools Accepting GMAT Scores
The top MNCs and world-established companies that visit the placement drive to recruit MBA graduates from the top-b schools in India accepting GMAT scores are as follows:
Deloitte | Amazon |
Goldman Sachs | |
Boston Consulting Group (BCG) | Bain & Company |
JP Morgan Chase | McKinsey & Company |
Ernst and Young | Gartner |
GEP Solutions | ICICI Bank |
Infosys | Yes Bank |
Accenture | Microsoft |
Flipkart | Nykaa |
Candidates can visit our Q&A Zone in case of any doubts and get them resolved by our experts. For easy admission into MBA colleges accepting GMAT scores, you can fill out our Common Application Form.
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FAQs
Which are the top B-schools accepting GMAT scores in India?
Some of the top B-schools accepting GMAT scores in India are-
- Indian School of Business, Hyderabad
- Xavier Institute of Management, Jamshedpur
- Indian Institute of Management, Indore
- S.P Jain Institute of Management and Research, Mumbai
- Amity School of Business, Noida
- Institute of Management Technology, Nagpur
Do MBA colleges accepting GMAT accept other entrance exam scores too?
Yes, MBA colleges accepting GMAT also accept other entrance exam scores too. CAT, XAT, CMAT, MAT, MAH MBA CET, etc., are some of the top entrance exams that are accepted by GMAT accepting colleges. Students who have appeared for GMAT can also appear for these exams and take admission into the desired MBA college.
Do IIMs accept GMAT scores for MBA admission?
Yes, some IIMs accept GMAT scores for MBA admission. IIM Bangalore, IIM Ahmedabad, IIM Calcutta, IIM Indore, and IIM Lucknow accept GMAT scores for admission into EPGP, PGPX, PGPEx, EPGP, and IPMX programmes, respectively. Admission into IIM’s flagship PGP courses is only conducted through CAT.
What is a good GMAT score for top MBA colleges in India?
700 is considered a great GMAT score for top MBA colleges in India. However, scoring anything above 650 is also considered a good GMAT score. Candidates who score 700+ score in GMAT can get admission into some of the most prestigious colleges in India. But a score less than 700 can also get you into some great MBA colleges in the country.
What is the GMAT cutoff for top MBA colleges in India?
The GMAT cutoff for top MBA colleges in India goes up to 700 or more. B-schools like India School of Business Hyderabad, Xavier Institute of Management Jamshedpur, Indian Institute of Management Indore, S.P Jain Institute of Management and Research Mumbai, etc. accept 700 GMAT scores for admission.
Which colleges accept GMAT scores for 2-year MBA?
The colleges that accept GMAT scores for 2-year MBA are-
- SPJIMR Mumbai
- IMT Ghaziabad
- IMI Delhi
- Xavier University Bhubaneswar
- Great Lakes Institute of Management Chennai
- T A Pai Management Institute (TAPMI) Manipal
- KJ Somaiya Institute of Management Studies & Research (Mumbai)
- Goa Institute of Management (GIM) Goa
Which B-schools accept GMAT scores for 1-year MBA?
The colleges that accept GMAT scores for 1-year MBA are-
- ISB Hyderabad and Mohali
- IIM Ahmedabad
- IIM Bangalore
- IIM Calcutta
- XLRI Jamshedpur
- SPJIMR, Mumbai
- IIM Indore
- Great Lakes Institute of Management Chennai
- MDI Gurgaon
- K J Somaiya Institute of Management Studies & Research, Mumbai