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Best MBA Colleges in India Accepting GMAT Score 2022

Saurav Anand | September 13, 2022

Best MBA Colleges in India Accepting GMAT Score 2022

MBA through GMAT in India is becoming a reality, as several Best MBA Colleges in India Accept GMAT Score for admission to their management programmes. Many major MBA universities, including SP Jain, IIM Bangalore, ISB Hyderabad, and more have begun to accept GMAT MBA Admission for Indian applicants. Previously, universities solely recognised GMAT scores for MBA admission from international/foreign candidates. To get admitted to MBA programmes overseas, Indian candidates must take the GMAT test. Aside from the quality of institutions accepting the GMAT Score, India has a substantial number of GMAT accepting colleges, with 43 listed Best MBA colleges in India accepting GMAT Score. As a result, the GMAT Exam has grown in popularity among applicants.

MBA Colleges in India Accepting GMAT Score 

The GMAT Score is accepted by 7 IIMs, including the major IIMs of IIM Bangalore IIM Ahmedabad, and IIM Calcutta. Apart from the IIMs, other MBA Colleges in India Accepting GMAT Scores include the Indian School of Business (ISB), the highest ranked Indian Business School at 24th in the Financial Times World Business School Ranking. IIM Bangalore, IIM Ahmedabad, and IIM Calcutta are all among the top 100 Business Schools in India, however, they do not reach the same heights as ISB. Here is the list of MBA Colleges in India Accepting GMAT Scores which are listed below:

Indian B-schools Accepting GMAT for 2-year MBA

MBA admission to the flagship two-year MBA/PGDM degree is also available for Indian candidates with GMAT entrance test scores in over 100 MBA institutes throughout India. Great Lakes, SPJIMR Mumbai, IMT Ghaziabad, Xavier University Bhubaneswar, and TAPMI are among Indian B-schools Accepting GMAT for 2 year MBA for Indian candidates for admission to their flagship 2-year MBA programme. Here is the list of Indian B-schools Accepting GMAT for 2 year MBA which is given below:

Colleges NamesGMAT Cutoff ScoreAverage FeesAverage Salary Offered
IIM Ahmedabad720INR 21,00,000INR 26,13,000-INR 33,00,000
IIM Calcutta701INR 27,00,000INR 27,80,000
XLRI Jamshedpur710-730INR 23,90,000INR 25,08,000
IIM Indore700+INR 17,09,000INR 23,60,000
IIM Kozhikode700+INR 19,00,000INR 22,50,000
IMT Ghaziabad699+INR 17,50,000INR 10,00,000-INR 15,00,000
MDI Gurgaon680-700INR 21,34,000INR 23,10,000
S.P Jain Institute of Management and Research (SPJIMR), Mumbai650INR 17,00,000INR 25,86,000
IIM Bangalore710INR 23,00,000INR 28,98,000
IIM Lucknow710INR 19,25,000INR 26,00,000
2 Year MBA college Accepting GMAT scores for Indian StudentsName of Flagship 2-Year MBA/PGDM Programme
SPJIMR MumbaiPost Graduate Diploma in Management
IMT GhaziabadPost Graduate Diploma in Management
IMI New DelhiPost Graduate Diploma in Management
Xavier University Bhubaneswar (XUB)MBA- Business Management & other MBA programmes
Great Lakes Institute of Management ChennaiPost Graduate Diploma in Management
T A Pai Management Institute (TAPMI) ManipalPost Graduate Diploma in Management
K J Somaiya Institute of Management Studies & Research, MumbaiPost Graduate Diploma in Management
Goa Institute of Management (GIM) GoaPost Graduate Diploma in Management
FORE School of Management, New DelhiPost Graduate Diploma in Management
Lal Bahadur Shastri Institute of Management, DelhiPost Graduate Diploma in Management

Top MBA Colleges Accepting GMAT Scores in World

Candidates who intend to study MBA from overseas must pass the GMAT entrance examination in order to get admission to the world’s top business schools. GMAT scores are accepted for MBA admission in over 114 countries. The following is a list of the best universities in the United States, United Kingdom, Canada, and Australia that accept the GMAT score.

USA 

Here is the list of Top MBA Colleges in the USA accepting GMAT Score which is given below:

College NamesAverage GMAT CutoffAverage Fees
Stanford University737INR 87,28,925
Kelloggs School of Management, Northwestern University732INR 96,78,812
Yale University730INR 76,22,490
University of Chicago730INR 106,87,774
University of Pennsylvania730INR 83,98,854

UK

Here is the list of Top MBA Colleges in the UK accepting GMAT Scores which is given below:

Canada 

Here is the list of Top MBA Colleges in Canada accepting GMAT Scores which is given below:

College NamesAverage GMAT CutoffAverage Fees
London Business School708INR 95,57,156
University of Cambridge690INR 60,79,900
University of Oxford690INR 80,86,468
London School of Economics and Political Science (LSE)708INR 23,10,301
The University of Warwick660INR 45,26,971

College NamesAverage GMAT CutoffAverage Fees
University of Toronto665INR 77,26,249
University of British Columbia650INR 43,17,795
McGill University694INR 60,09,543
université de montréal625INR 443,723(per session)
York University660INR 64,56,110

Australia

Here is the list of Top MBA Colleges in Australia accepting GMAT Scores which is given below:

College NamesAverage GMAT CutoffAverage Fees
University of Melbourne705INR 50,53,123
University of New South Wales650INR 49,73,653.
Australian National University600+INR 23,14,441
University of Sydney600+INR 25,97,644-29,08,232
RMIT University550+INR 21,14,838

Frequently Asked Questions:

Q1. Which all Indian colleges accept GMAT scores?

Ans. MBA Colleges in India Accepting GMAT Score 

The GMAT Score is accepted by 7 IIMs, including the major IIMs of IIM Bangalore IIM Ahmedabad, and IIM Calcutta. Apart from the IIMs, other MBA Colleges in India Accepting GMAT Scores include the Indian School of Business (ISB), the highest ranked Indian Business School at 24th in the Financial Times World Business School Ranking. IIM Bangalore, IIM Ahmedabad, and IIM Calcutta are all among the top 100 Business Schools in India, however, they do not reach the same heights as ISB. 

Q2. What is a good GMAT score for MBA in India?

Ans. In India, a GMAT score of 600-720 is considered acceptable. The complete profile of each candidate is taken into account by the majority of top-b colleges.

Q3. Does IIT accept GMAT scores for MBA?

Ans. GMAT scores are used in over 7,000 MBA and Masters programmes. MBA programmes at IITs can be pursued after passing the GMAT Entrance Exam. Top universities, such as IIT Bombay, accept GMAT scores (650 Cut-off).

Q4. Does IIM Ahmedabad accept GMAT?

Ans. Applicants may submit their legitimate GMAT scores for consideration in the admissions process. As seen in the table above, the average GMAT score at IIM Ahmedabad is 706. Aside from having an excellent GMAT score, the IIM-A requires a minimum AWA (Analytical Writing Assessment) score of 3.5.

Q5. Is 700 GMAT easy to score?

Ans. A 700 on the GMAT is an achievement that only one out of every eight test-takers accomplishes, thus the trip will most likely be difficult. But it’s also not mysterious: a 700 is the result of a lot of hard effort and strategic thought.