Skip to main content

Top 10 MBA Colleges in India Accepting GMAT Score

Saurav Anand | May 10, 2022

In this article, you will learn about GMAT Score, Eligibility, and Colleges Accepting GMAT Score. For more information, please contact us, and we will provide you with the ultimate list of colleges that accept GMAT scores.

Which India business schools accept GMAT scores for their 2-year full-time MBA program?

Here are a few business schools that accept GMAT scores for their 2-year full-time MBA programs:

  1. IMT Ghaziabad
  2. TAPMI
  3. SPJIMR
  4. IMI, Delhi

Which test does ISB accept as a part of their admissions process?

ISB accepts the GMAT for its full-time MBA program.

It is the Graduate Management Admission Test (GMAT) is an admission test which is administered through GMAC. Graduate Management Admission Council (GMAC) to evaluate the applicants’ analytical writing, quantitative, reading and verbal skills. These abilities will be tested to determine if they are eligible for admission to the management program like MBA.
There were a lot of Indians taking the test reached an all-time high in 2013 – the year in which the number applicants taking the CAT fell to the lowest level in seven years. According to The Economic Times report, the number of students taking the GMAT from India in 2013 was 22,878. This was a 25 percent increase over the numbers of 2010. In contrast, students who took the CAT have decreased by 4 percent since the year 2010. The reason behind this is that more than anything , taking the GMAT can allow the applicant the chance to go to global schools.
This has led to the rise in the amount of Indian B-Schools who accept GMAT scores. GMAT score. There are around of 240 Indian management programs that take this GMAT score.

Which is the top MBA college in India?

The top MBA college in India as per the latest NIRF rankings is IIM Ahmedabad. It is followed by IIM Bangalore on Number 2, IIM Calcutta on Number 3, IIM Lucknow on Number 4 and IIT-Delhi-DoMS on Number 5.

Which are the best MBA colleges in India based on placements?

Top five MBA Colleges in India based on placements trends are: IIM Bangalore IIM Calcutta IIM Ahmedabad IIM Lucknow IIT Kharagpur-DoMS

Top 10 colleges in India accepting GMAT scores:

  • IIM– Ahmedabad
  • IIM Calcutta
  • IIM Bangalore
  • IIM Lucknow
  • Great lakes Institute of Management
  • Indian Institute of Foreign Trade (GMAT for NRIs)
  • Tata Institute of Social Sciences (For International Students) – For MA. HRM and LR
  • NMIMS University, School of Business Management
  • Alliance Business School
  • ICFAI
  • Amity Business School
  • Birla Institute of Technology and Science, Pilani
  • Rajiv Gandhi Indian Institute of Management, Shillong
  • A. Pai Management Institute, Manipal
  • Birla Institute of Technology and Science, Pilani
  • Institute for Financial Management and Research, Chennai
  • Alliance School of Business, Alliance University, Bangalore

Top MBA Colleges Accepting GMAT score – Indian B schools accepting GMAT includes IIMs along with other instituions like ISB, XLRI, SPJIMR, and many other top B-schools are among the top MBA colleges in India that accept the GMAT. GMAT fees in INR is –  $250 (in Dollars) which is approximately 18500 INR. GMAT best colleges also incluses the three top IIMs, IIM Ahmedabad, IIM Bangalore, and IIM Calcutta also accept GMAT scores.

Below we have listed many indian MBA colleges accepting GMAT and fee details in the article.

If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs both in India and abroad: One-year MBA programs in India include ISB, IIMs, XLRI, SPJIMR, and Great Lakes. The average MBA Fees in India ranges from INR 20,000 to INR 40 lakh for a full-time program. 

Does IIM accept GMAT score for indian students? And 7 IIMs including the top IIMs of IIM Ahmedabad, IIM Bangalore and IIM Calcutta accept the GMAT Score.

Some of the best colleges in India accept the GMAT Score for some program or another

GMAT accepting colleges in india

Top GMAT Accepting Colleges in India

Colleges accepting GMAT score in indiaProgramAverage GMAT Score (out of 800)
XLRI, JamshedpurGMP700
Indian Institute of Management, IndoreEPGPCut-off-580
S.P.Jain Institute of Management & Research, MumbaiPGDM680
IMT, GhaziabadPGDM, PGDM-Ex690

The GMAT exam is accepted by more than 200 programs at 140+ business schools in India.Top Business schools in India accepting GMAT colleges includes IIM Ahmedabad (PGPX)

GMAT colleges in indiafor MBA is a reality now as many premier B schools accept GMAT score for admission in their management courses. 

Many Top MBA GMAT colleges like IIM Bangalore, SP Jain, ISB Hyderabad, and others have started accepting GMAT MBA Admission for Indian students. Earlier, colleges accepted GMAT score for MBA admission in case of only international/foreign students. Indian students need to appear for GMAT exam to seek admission in MBA courses abroad.

MBA Admission 2022 are going on and thus many students are looking for good colleges in India accpeting GMAT score.  gmat top colleges

GMAT or Graduate Management Admission Test is conducted by GMAC for admission in MBA course of both India and Abroad. GMAT scores are accepted globally across the world. The exam is serving as a good alternative to other popular MBA exams like CAT, XAT, CMAT, etc.

Does IIM accept GMAT? IIMs accept GMAT scores for MBA admissions into their 1-year full-time MBA programs. However, for their 2-year PGP programs, Indian students are required to submit CAT scores.

Great lakes Cut off

GMAT **(Taken after Jan1, 2019 for PGPM and after Jan1, 2020 for PGDM)600600
  • XLRI GMAT cutoff scores for the two courses are: 720 (BM), 710 (HRM).

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and all other 16 IIMs are among the top two-year MBA colleges accepting GMAT scores for foreign students, as are XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, Xavier University Bhubaneswar, IMI New Delhi, Management departments of IITs, IMT Ghaziabad, and others. The following are brief descriptions of the top two-year MBA colleges that accept GMAT scores from international students and the programs they offer:

2 Year MBA College accepting GMAT score for Foreign StudentsTitle of the 2 year flagship MBA programme
IIM AhmedabadPost Graduate (MBA) Programme
IIM BangaloreMaster of Business Administration
IIM CalcuttaMaster of Business Administration
IIM LucknowPost Graduate Programme in Management
IIM IndorePost Graduate Programme in Management
XLRI JamshedpurPost Graduate Diploma in Management
SPJIMR MumbaiPost Graduate Diploma in Management
MDI GurgaonPost Graduate Programme in Management
IMI New DelhiPost Graduate Diploma in Management
Xavier University BhubaneswarMaster of Business Administration

Top 100 B-Schools Accepting GMAT in India

Here is a list of 100 Indian B-schools accepting GMAT scores for their MBA, PGDM and EMBA programmes. The majority of the MBA colleges listed here accept NRIs, PIOs, and international students based on GMAT scores. GMAT scores are accepted by IIMs for admission to their EMBA and Certification programs. Some institutes, such as MDI, IMT, SPJIMR, IMI, FMS, and others, admit Indian students (for MBA/PGDM) based on GMAT scores.

MBA colleges accepting GMAT in India 
Asia Pacific Institute of ManagementIIM Rohtak
Amity Business SchoolIIM Shillong
IIM IndoreIIM Trichy
KIIT-SOMIIM Udaipur
MCI Management Center InnsbruckIIT Madras
Bangalore Institute of Management StudiesIIT Gandhinagar
Amrita School of BusinessIITTM
IIM KozhikodeIndian Business Academy
Kirloskar Institute of Advanced Management StudiesIFMR
Malaviya National Institute of Technology, JaipurIndian School of Business and Finance
Fore School of ManagementITM Business School
Apeejay Stya UniversityInternational Management Institute of India
IIM RaipurJRE School of Management
KJ Somaiya Institute of Management Studies and ResearchSharda University
National Institute of Industrial EngineeringSRM University
Great Lakes Institute of ManagementTata Institute of Social Sciences
IIM AhmedabadLovely Professional University
IIM BangaloreMIT-WPU Pune
IIM CalcuttaManagement Development Institute Gurgaon
IIM LucknowTAPMI School of Business
ISB HyderabadMICA, Ahmedabad
IMT, GhaziabadMISB, Bocconi
Myra School of BusinessNIFT
NMIMS UniversityNational Institute of Technology
XLRI, JamshedpurNIIT University
Pune Institute of Business ManagementPandit Deen Dayal Petroleum University
SPJIMR, MumbaiPrin. L.N. Welingkar Institute of Management Development and Research
Woxsen School of BusinessTERI University
Acharya Group of InstitutesUniversal Business School
Adani Institute of Infrastructure ManagementUPES Dehradun
Alliance UniversityVanguard Business School
Aegis School of Business and TelecommunicationVIT University
Asian School of Business ManagementGanpat University
Siva Sivani Institute of ManagementPSG College of Technology
Bennett UniversityJindal Global Business School
Birla Institute of Management TechnologyPraxis Business School
BITS, PilaniNational Institute of Securities Markets
BML Munjal UniversityISBR Business School
Development Management InstituteInstitute of Management Development and Research
Entrepreneurship Development Institute of IndiaRajalakshmi School of Business
Galgotias Business SchoolSDM Institute for Management Development
FLAME School of BusinessSeshadripuram Institute of Management Studies
Gitam UniversityShiv Nadar University
Goa Institute of ManagementSir Padampat Singhania University
ICFAI Business SchoolSunstone Business School
IILM Graduate School of ManagementThe National Management School
IIFT DelhiFMS, University of Delhi
RITM UniversityVel Tech Business School
Punjab Technical UniversityVivekananda Institute of Management Studies
IIM RanchiXavier Institute of Management, Bhubaneswar
BIMTECH(XIM), Bhubaneshwar

The GMAT exam is accepted by more than 200 programs at 140+ business schools in India.Top Business schools in India accepting GMAT colleges includes IIM Ahmedabad (PGPX)

GMAT colleges in india for MBA is a reality now as many premier B schools accept GMAT score for admission in their management courses. 

Many Top MBA GMAT colleges like IIM Bangalore, SP Jain, ISB Hyderabad, and others have started accepting GMAT MBA Admission for Indian students. Earlier, colleges accepted GMAT score for MBA admission in case of only international/foreign students. Indian students need to appear for GMAT exam to seek admission in MBA courses abroad.

MBA Admission 2022 are going on and thus many students are looking for good colleges in India accpeting GMAT score.  gmat top colleges

GMAT or Graduate Management Admission Test is conducted by GMAC for admission in MBA course of both India and Abroad. GMAT scores are accepted globally across the world. The exam is serving as a good alternative to other popular MBA exams like CAT, XAT, CMAT, etc.

Does IIM accept GMAT? IIMs accept GMAT scores for MBA admissions into their 1-year full-time MBA programs. However, for their 2-year PGP programs, Indian students are required to submit CAT scores.

GMAT Eligibility

In this regard, there is no established guidelines to meet for GMAT admission established by GMAC which is the body that conducts of GMAT for those who wish to take the GMAT test. But, it is essential to be able to meet the criteria for eligibility established by the college or university that one hopes to attend after passing the GMAT.

GMAT Age Criteria

  • The candidate must be 18 years of age.
  • There is no age limit for a candidate.
  • If the applicant is 13-17 an age, they must be granted permission in writing by their parents or guardianship legal

Educational qualification

  • GMAC has not made an formal statement on the requirements needed to be a part of the GMAT
  • Students who are interested in enrolling in an MBA program must hold an advanced degree in any field from an accredited university

GMAT Exam Fees

The GMAT cost is $275. This would translate into INR 20,600 roughly. Additionally, if candidates want to change the test center or change the date of the test, they’ll be charged an extra fee. Students who do not appear for exam will have to pay the full GMAT examination costs.

GMAT Cancellation Fee

If you fail to cancel the test within 1-14 days of the date of the test, then it will cost $200, and $50 will be reimbursed. If you fail to cancel the test between 15 and 60 days before the scheduled date, then you’ll be charged $150 and $75 will be reimbursed. If you fail to postpone the test for more than 60 days before the date of the test, then you’ll be charged $150 and get $100 back as a refund. Furthermore, the appointment is not refundable or rescheduleable within 24 hours prior to the scheduled test and time.

GMAT Rescheduling Fee

If you have to reschedule your exam 1 to 14 days prior to the date of the test the test date, you will be required to pay $150 USD. Also, if you schedule the exam between 15 and 60 days before the time of the test, then you need to pay $100. If you change the date of the exam for more than 60 days prior to the date of the test, then you must pay $50.

GMAT Registration

According to GMAC according to GMAC, you can apply to take the GMAT entrance exam six months prior to GMAT’s Graduation Management Admission Test date, or at the latest 24 hours prior to the GMAT examination date of 2022, however, the exam slot isn’t available at the moment of last minute. So, it is recommended to reserve your preferred time slot in advance of the scheduled exam date.

Top 50 Indian B-schools Accepting GMAT Scores in 2021

In the table below, you will find 50 Indian B-schools that accept GMAT scores, their locations, MBA programs they accept GMAT scores for, fee, and the average GMAT score required.

Top 50 Indian Business Schools Accepting GMAT Scores of Domestic Applicants

GMAT accepting Indian B-schoolLocationAverage GMAT scoreMBA Program OfferedMBA program fee
Indian School of Business (ISB)Hyderabad709PGP₹35,98,940
Indian School of Business (ISB)Mohali709PGP₹35,98,940
Indian Institute of Management (IIM-A)Ahmedabad702PGPX₹28,00,000
Indian Institute of Management (IIM-B)Bangalore709EPGP₹27,50,000
Indian Institute of Management (IIM-C)Calcutta690PGPEx₹27,00,000
Indian Institute of Management (IIM-L)Lucknow710IPMX₹23,50,000
Indian Institute of Management (IIM-K)Kozhikode>650EPGP₹13,00,000
Indian Institute of Management (IIM-I)Indore650EPGP₹20,10,000
Xavier Labour Relations Institute (XLRI)Jamshedpur686Executive PGDM~₹20,00,000
Management Development Institute (MDI)Gurgaon660PGDM - NMP₹15,35,000
Indian Institute of Management (IIM-T)TrichyNAPGPBM₹11,80,000
Indian Institute of Management (IIM-U)UdaipurNAOne Year MBA - DEM or GSCM₹18,50,000
SP Jain Institute of Management and Research (SPJIMR)Mumbai660PGPM₹19,90,000
Indian Institute of ManagementRanchiNAPGEXP₹12,50,000
Indian Institute of ManagementRohtak>650EPGP₹6,50,625
Great Lakes Institute of ManagementChennai600PGDM PGPM₹17,15,000 ₹19,25,000
Narsee Monjee Institute of Management Studies (NMIMS)Mumbai600MBA (Part-Time)₹6,01,500
TA Pai Institute of Management (TAPMI)Manipal630PGDMPGDM - BKFSPGDM - HRMPGDM - Marketing₹15,10,000
International Management InstituteDelhiNAExecutive PGDM₹12,00,000
Indian Institute of ManagementShillongNAPGPEx₹18,70,000
Xavier Institute of ManagementBhubaneswar550MBA EMBA₹18,30,000 ₹15,00,000
Indian Institute of ManagementKashipur600MB-WX₹9,50,000
BML Munjal UniversityGurgaonNAMBA₹11,00,000
Alliance UniversityBangalore500+MBA₹13,50,000
Amity UniversityNoida550MBA₹7,00,000
FORE School of ManagementDelhi650 600 600PGDM PGDM-IB PGDM - FM₹15,98,000
Goa Institute of ManagementGoa600PGDM PGDM-HCM₹13,30,625
International Management Institute (IMI)KolkataNAMBA/PGDM₹13,00,000
Vellore Institute of Technology (VIT)VelloreNAMBA₹7,00,000
KJ Somaiya Institute of ManagementMumbai550-600MBA₹16,29,000
Institute of Management TechnologyNagpurNAPGDMPGDM - Finance PGDM - Marketing₹12,12,000
Institute of Management TechnologyHyderabadNAPGDM PGDM - Executive₹12,03,000 ₹5,00,000
International Management InstituteBhubaneswarNAPGDM PGDM - Part-time₹12,27,000 ₹4,50,000
IIHMRJaipurNAMBA₹9,60,000
University of Petroleum and Energy StudiesDehradun400+MBA₹14,19,500
Xavier Institute of Management and Entrepreneurship (XIME)Bangalore650+PGDM₹11,00,000
Indian Institute of ManagementAmritsarNAEMBA₹9,50,000
FLAME UniversityPuneNAMBA MBA (Communications Management)₹16,50,000 ₹15,50,000
MS Ramaiah Institute of ManagementBangaloreNAPGDM₹7,00,000
Indian Institute of ManagementSambalpurNAEMBA₹9,00,000
GITAM Institute of ManagementVisakhapatnamNAMBA₹7,20,000
GITAM Hyderabad Business SchoolHyderabadNAMBA₹7,20,000
Birla Institute of Technology and SciencePilaniNAMBA₹9,00,000
SRM School of ManagementChennaiNAMBA/PGDM₹7,00,000
Adani Institute of Infrastructure ManagementAhmedabadNAPGDM₹7,60,000
LM Thapar School of ManagementChandigarhNAMBA Executive MBA₹8,28,360 ₹4,80,000
Masters’ Union School of BusinessHaryanaNAPGP₹18,70,000
Institute of Insurance and Risk ManagementHyderabadNAPGDM₹8,00,000
Indian School of Business and FinanceDelhi650+PGDM₹4,48,960
Institute of Management TechnologyGhaziabadNAPGDM PGDM - Finance PGDM - Marketing₹12,12,000

We have compiled a list of 50 business schools that accept GMAT scores from domestic applicants. Almost all Indian business schools accept GMAT scores from international applicants for all MBA programs. 

Two-year MBA Colleges Accepting GMAT Score from Indian Students

MBA admission to the 2 year MBA/PGDM program is open to Indian students who have passed the GMAT entrance exam in over 100 MBA colleges in India. For admission to the flagship 2 year MBA programme, Indian students can apply to top 2 year MBA colleges that accept GMAT scores, including SPJIMR Mumbai and IMI Delhi.

These top MBA schools accept GMAT scores from Indian students. They offer GMAT cutoff scores ranging from 650 to 750 and GMAT percentile scores ranging between 80 to 95.

To be eligible for a 2 year flagship MBA/PGDM program in these top 2year MBA colleges that accept Indian applicants, you must have a valid GMAT score of not more than 2 years.

2 year MBA college accepting GMAT scores for Indian studentsName Flagship 2 Year MBA/PGDM Program
SPJIMR MumbaiManagement Postgraduate Diploma
IMT GhaziabadManagement Postgraduate Diploma
IMI New DelhiManagement Postgraduate Diploma
Xavier University Bhubaneswar, (XUB).MBA-Business Management & Other MBA Programs
Great Lakes Institute of Management ChennaiManagement Postgraduate Diploma
T A Pai Management Institute Manipal (TAPMI).Management Postgraduate Diploma
K J Somaiya Institute of Management Studies & Research in MumbaiManagement Postgraduate Diploma
Goa Institute of Management (GIM), GoaManagement Postgraduate Diploma
FORE School of Management, New DelhiPostgraduate Diploma in Management
Lal Bahadur Shastri Institute of Management in DelhiManagement Postgraduate Diploma
BIMTECH Greater NoidaManagement Postgraduate Diploma
MICA AhmedabadPost Graduate Diploma in Management-Communications
IFIM Business School, BangaloreManagement Postgraduate Diploma
SOIL-School of Business Design in GurgaonPostgraduate Diploma in Management

There are 100+ MBA colleges that accept GMAT scores from Indian students, in addition to the top two year MBA colleges. These colleges offer their flagship 2-year MBA programs at moderate GMAT scores of 550 to 600.

What’s the MBA admissions process within India?

In India MBA admissions typically involves a standard entrance test as well as a Written Ability Test (WAT) which is also known as essay writing or group discussion (GD) and a Personal interview (PI).

Does taking an exam for admission mandatory to be able to apply for MBA admittance?

Tiers 1 and 2 MBA institutes choose applicants to be admitted based on the entrance test scores, so to obtain a quality college, it is crucial to show at an entrance test.

What are the best MBA entrance exams to be taken for admission to the top institutions?

The top MBA entrance tests in India include CMAT, CAT IIFT, MAT ATMA, NMAT, and SNAP. Candidates are able to participate on these tests to be able to attend an excellent MBA college.

What is MBA Counselling?

State level higher education boards conduct common entrance tests (MAH CET, TSICET, APICET, TANCET, etc.) to determine eligibility for MBA admission. Students who pass these exams get a seat at the college that is affiliated with that educational board or a state-run university. The process of distributing seats is known as counselling.

How do you choose the most suitable MBA school?

To choose a reputable MBA school, bear these things in your head:

  • Rank, Accreditation and Specialization
  • Methodology of Teaching and Course Curriculum
  • Industry Interface
  • Placement Record
  • Infrastructure
  • Type of Course: Degree/Diploma
  • Course Fee
  • Location

What is the cost of MBA cost?

MBA charges in India generally vary between INR 5 to 40 Lakh. The amount charged by government institutions and universities is less in comparison to private institutions. Also, check out: Institute wise MBA fees

How is the admissions process for Distance MBA different from Full-Time MBA?

Yes, admission to Full-Time MBA procedure typically involves entrance test and GD/WAT-PI . Distance MBA admission in most of the institutes is dependent on the academic profile.

Do IIMs accept GMAT scores?

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and all other 16 IIMs are among the top two-year MBA colleges accepting GMAT scores for foreign students, as are XLRI Jamshedpur, SPJIMR Mumbai, MDI Gurgaon, Xavier University Bhubaneswar, IMI New Delhi, Management departments of IITs, IMT Ghaziabad, and others. IIMs, ISB, XLRI, SPJIMR, and many other top B-schools are among the top MBA colleges in India that accept the GMAT. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs both in India and abroad: One Year MBA in India at ISB, IIMs, XLRI, SPJIMR, Great Lakes.

What GMAT score do I need for top MBA?

Top MBA Colleges accepting GMAT Score

According to most MBA experts, a score above 700 is considered great, while anything over 650 is good. A 700+ GMAT score for top MBA programmes is usually the norm, but having a GMAT score below 700 doesn’t mean you don’t stand a chance of getting into the top business schools.

Is 650 score in GMAT good?

IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, and all other 16 IIMs are among the top two-year MBA colleges that accept GMAT scores from international students. According to MBA experts, a GMAT score between 650 and 690 is good, and a score of 700 or higher is excellent.

Which colleges accept GMAT for MBA?

MBA Colleges in India Accepting GMAT 2022

  • IIM Bangalore – Indian Institute of Management.
  • IIM Ahmedabad – Indian Institute of Management.
  • Christ University, Bangalore.
  • XLRI Jamshedpur – XLRI-Xavier School of Management..
  • SPJIMR, Mumbai.
  • VIT BS Vellore – VIT Business School.
  • IBS Hyderabad – IBS Business School.

Is 700 GMAT easy to score?

A 700 on the GMAT is an accomplishment that only 1 out of 8 test-takers achieves, so the journey probably won’t be easy. But it’s also not mysterious: a 700 is the product of lots of hard work and a little strategic thinking. 

Does Nmims accept GMAT score?

NMIMS Mumbai accepts NMAT scores to admit students to their management programs.

NMIMS Mumbai: Results Accepted.

ProgramResult Accepted
For EMBAEntrance Test or NMAT or GMAT
Part-Time ProgramsEntrance Test or NMAT or GMAT

Is 720 GMAT enough for Harvard?

If I were an admissions officer from Harvard, I would suggest that if you really believe that you are 99 percentile material, you may retake GMAT (760+ is ALWAYS better than 720+). 3. Debatable zone (80-90 percentile): 650-710.

Is a 640 GMAT score good?

A GMAT score of 640 indicates that you outperformed the majority of test takers, placing you in the 68th percentile. This is good news if you want to apply to a good MBA program. The GMAT is thought to be a good predictor of academic and professional success.

Is 510 a good GMAT score?

510 is in the 34th percentile of test takers—nearly 40 points below the average score of everyone who takes the exam. In contrast, the 730 median for the class is in the 96th percentile.

Is GMAT easier than cat?

Overall, difficulty level of CAT is higher than GMAT. GMAT has a well defined syllabus which makes it relatively easier in terms of preparation whereas, CAT syllabus is not as well defined as GMAT, hence the time invested can be more too.