GMAT 2024 GMAT ELIGIBILITY FOR IIMS
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GMAT Eligibility for IIM is candidates having a bachelor’s degree after completion of 10+2 with a valid GMAT score and a minimum working experience of 3-4 years. GMAT exam is considered as one of the difficult exams as the candidates appearing for the exam is more as compared to the seat vacancies in the B-schools. for IIM eligibility scores like 715 and above is considered as a good score for the top universities. GMAT score of 760+ which is above 99 percentile is considered that a candidate can rank in the top colleges.
Generally, the total GMAT score ranges from 200-800, and an average estimate score of a candidate ranges from 400-600. But IIMs require quite a high GMAT criteria of scores – 715+ and more. Most of the famous IIMs like the IIM Bangalore, IIM Indore, IIM Calcutta, and IIM Ahmedabad eligibility require above 700 GMAT score for their one-year PGPx program.
Following are the 4 basic GMAT eligibility criteria for the IIMA PGPX candidates must have:
According to IIM Indore, IIM eligibility criteria for GMAT involves the follows:
The program is open to all nationalities. The Candidate must have –
The GMAT score should be within 5 years from the date of the application deadline date.
If you decide to take admission into IIM Bangalore’s EPGP class of 2021, you must have the following GMAT exam eligibility criteria:
Besides providing the documents to prove the eligibility criteria mentioned above, you will also be required to provide the following:
If you decide to take admission into IIM Calcutta for 2021, you must have the following eligibility criteria:
The minimum overall GMAT cut-off for IIM is a weighted average of 600+ but then the cut-off eligibility varies from college to college. Let’s discuss about the GMAT scores accepting by IIMs, their eligibility, fee structure, and more that you must know. The IIM MBAeligibility is stated below in detail:
IIMs | GMAT Cut off | Work Experience(years) | Fees structure | Salary packages | Recruiters |
---|---|---|---|---|---|
IIM Ahmedabad | 700+ | 4 | 25 lacs(1 year) | Average salary: Rs. 30 LPA (PGPX); Highest salary: Rs. 60 LPA | Accenture, Adani Group, Adidas AG, Amazon, Ericsson, Google, Genpact, HSBC, ICICI Bank, Infosys, McKinsey, Microsoft, OYO, Uber |
IIM Bangalore | 709+ | 5-12 | 21,19,000 | Average salary: Rs. 24.54 LPA | Accenture, Infosys, A. T. Kearney, McKinsey & Company, Boston Consulting Group |
IIM Calcutta | 701 | 5 | 27 lacs | Average salary: Rs. 25.4 LPA; Highest salary: Rs. 72 LPA | The Boston Consulting Group, McKinsey & Co., Bain & Co., Kearney, PricewaterhouseCoopers and Accenture, Bank of America Merrill Lynch, Barclays, Goldman Sachs, Arga Investment Management, Gaja Capital, JP Morgan Chase |
IIM Lucknow | 680+ | 5 | 14.16-23.80 lacs | Average salary: Rs. 24.25 LPA | Accenture, Amazon, Deloitte, Flipkart, Boston Consulting Group |
IIM Indore | 700+ | 5 | 16,10,000/- 16,50,000 | Average Salary: Rs. 22.92 LPA; Highest salary: Rs. 50 LPA | Accenture, Aditya Birla Group, Amazon, American Express, ArcelorMittal & Nippon Steel, Asian Paints, AstraZeneca, Deloitte USI, Deutsche Bank, Dolcera, Edelweiss, Everest Group, EY, Fidelity Investments, Flipkart, GE, GMR Group, Godrej and Boyce, Goldman Sachs, Google, GroupM, GSK, HCL, HDFC, Hero MotoCorp, Himalaya Drug Company |
IIM Ranchi | 600+ | 5+ | 15,30,000/- | Average salary: Rs. 14.55 - 15.11 LPA; Highest: Rs. 26.5 - 59.36 LPA | Anand Rathi, Ernst & Young, Flipkart, PeopleStrong, Quikr, Raymond and Yatra |
IIM Kozhikode | 700 | 3 | 17,50,000/- | Average salary: Rs. 23.08 LPA | Accenture, Amazon, Asian Paints, Bain & Co., Bajaj Auto, BCG, Capgemini, Cognizant, Deloitte, EY, Goldman Sachs |
IIM Trichy | 760 | 3 | 16.5 lacs | Average Salary: Rs. 14.96 LPA; Highest: Rs. 25 LPA | McKinsey & Company, Goldman Sachs, Franklin Templeton, ONGC, HSBC, Deloitte, Godrej, Saint Gobain, TAFE, Yes Bank, L&T, RBS, Shell |
IIM Raipur | 690+ | 7 | 14,20,400 | Average salary: Rs. 15. 20 LPA; Highest salary: Rs. 46 LPA | Hero Motocorp, Hindustan Unilever, IBM, ICICI, India MART, Info Edge India, Infosys, Jubilant, Kent RO Systems, Kotak Mahindra Bank, KPMG, MakeMyTrip, Motilal Oswal, Fin Serv Mphasis, Neilsoft, OYO, Relaxo |
IIM Rohtak | 650+ | 18 months minimum | 16.65 lacs | Average salary: Rs. 13.70 LPA; Highest salary: Rs. 24 LPA | Bain Capability Network, Lenskart, RBS, Michael Page, Infosys Management Consulting |
IIM Vizag | - | 3 | 13,65,000/- | Average salary: Rs. 13.08 LPA; Highest salary: Rs. 27 LPA | Amazon, Amul, KPMG, Mu Sigma, GMR Group, Franklin Templeton, ICICI, TVS Motors, Wipro |
IIM Shillong | 700+ | 5 | 15 lacs | Average salary: Rs.18.76 LPA; Highest salary: Rs. 48.50 LPA | Bain & Company, Cognizant, Deloitte USI, OLA, PwC, Amazon, Berger, CASHe, GroupM, Maruti Suzuki, Tata Steel, Titan, and UltraTech Cement, Aditya Birla Capital |
IIM Udaipur | - | 3 | 17,59,400 | Average salary: Rs. 13.20 LPA; Highest salary: Rs. 33 LPA | Accenture Strategy, Accenture Technology, Amul, Axis Bank, Bajaj Auto, Berger Paints, Cognizant, Cummins, Deloitte, HDFC Bank, ICICI Bank, ICICI Lombard, Infosys BPM, ITC Infotech, KPMG, Landmark Group, L&T |
IIM Nagpur | 600+ | 4 | 13.75 lacs | Average salary: Rs. 13.13 LPA; Highest salary: Rs. 40 LPA | Amazon, Deloitte, L&T, VGuard, Genpact, ANZ Bank, DHL, Tata Power, Mu-Sigma, HCL Technologies, Wipro, TVS Motors, Kotak Mahindra |
IIM Kashipur | 670+ | 1+ | 15,42,000/- | Average salary: Rs. 12. 17 LPA; Highest salary: Rs. 28 LPA | Accenture, Crayon data, Global Analytics, Exl Analytics, Convergytics, Mu Sigma, Fractal Analytics, AbsoluteData, Manthan, Brillio, LatentView, Gramener |
IIM Jammu | 640 | 1-5 | 13.80 lacs | Average package Rs. 10.06 LPA, Highest Package: Rs. 24.5 LPA | Deloitte, Motilal Oswal, Kancor Ingredients Ltd., Tata Power, BrowserStack, Tech Mahindra, TresVista, CCIL, Citi Bank, Euromonitor International, Hiranandani |
IIM Sirmaur | - | 1-5 | 11.75 lacs | Average salary: Rs. 11. 28 LPA with highest being Rs. 26 LPA | AGS, EY, ZS, ICICI Bank, Muthoot, Mu Sigma, Lenskart.com, EY, DCM SHRIRAM, KENT, REC, Mindtree, Tech Mahindra |
IIM Sambalpur | 690 | 1-5 | 12 lacs | Average Salary of Rs. 11. 61 LPA and highest being Rs. 18.92 LPA | Bajaj Allianz, Aditya Birla Capital, Deloitte India, KPMG, Ernst & Young, Amul, Vedanta, SBI Life, Tata Steel BSL |
IIM Amritsar | - | 1-5 | 9 lacs | Highest 54 LPA | Square Yards, TATA, Infosys, Reliance, CRISIL |
IIM Bodh Gaya | - | 2+ | 10.60 lacs | 16-20 LPA | DS Group, CRISIL, BNY Mellon, Crompton, Bisleri, Virtusa, Tech Mahindra, Aditya Birla, BYJUs, DTDC, Jubilant, RSPL, Kent, Relaxo |
Ans. Generally speaking anything above 750 is a good score for admission to IBS Hyderabad. But even a high GMAT score does not guarantee admission to IBS Hyderabad because the shortlisting is profile-based. GMAT score is just a part of the entire selection process. You need to improvise your profile by working on other aspects also like essays profile academics extracurricular activities Academics: Your 12th class marks graduation grades, post-graduation, and certification scores along with the GMAT cutoff is considered in your academic profile. Leadership: The leadership skills of the aspirants are tested on the basis of their prior achievements and roles. Personal attributes: This comprises your personal qualities like hobbies, talents, and extracurricular skills. Aspirants from diverse work experiences, cultures, and educational backgrounds are welcomed at IBS Hyderabad. So along with preparing well for GMAT, give importance to these parameters as well to increase your chances of admission. Read more
Ans. In case you are enquiring about the CAT percentile let me clarify that ISB Hyderabad does not take into consideration CAT scores. It accepts GMAT/GRE scores only. Most importantly, the ISB Shortlisting process is profile-based. This means even with a lower percentile you can manage to get shortlisted provided you have an excellent profile. There is no fixed cutoff for GMAT. However, a 700+ GMAT score isn't a must-have for ISB if your application is strong in other areas. According to an ISB spokesperson, candidates were admitted to the 2021 cohort with scores as low as 580, and as high as 780. So the GMAT score range for ISB is 580-780. Read more
Ans. Yes, it certainly is worth paying a hefty fee of 30k for GMAT coaching at Crack ISB Hyderabad. The quality of trainers and the certainty of admission is what draw the candidates here. While there are many institutes that specialize in training for the CAT, very few institutes offer training for GMAT. Crack ISB Hyderabad has many features that have made it so popular and demanding among GMAT aspirants The peer group is a productive and effective group discussion is possible The institute gives the admission essay reviews free of cost while most institutes charge around 20-25k The quality of editing is much better at this Institute mainly because the faculty comprises alumni of top B Schools So it’s better to pay more for quality education than pay less or the same for substandard education. But remember an Institute can just prepare you for your entrance exam. It’s upon you to put in maximum effort and achieve your goals. Read more
Ans. There is hardly any B-school in India that accepts GMAT scores for full-time MBA. IIMs, FMS, XLRI, JBIMS, IIFT, MDI, etc. are some of the institutions that accept GMAT scores. However, students applying through a foreign national quota or NRI quota are eligible for GMAT score. ISB on the other hand accepts the GMAT for its full-time program MBA program. Here is the list of some B-Schools that accepts GMAT scores in India XLRI, Jamshedpur XIM, Bhubaneswar VIT Business School TISS, Mumbai TERI School of Advanced Sciences, TERI University TASMAC, Pune TAPMI, Manipal School of Management, Udaipur School of Management, NMIMS, Mumbai School of Management, International Institute of Management This is why most students go for CAT, XAT, SNAP, and other management exams for admission in MBA. Only foreign nationals or students with NRI Quota can apply through GMAT. Read more
Ans. Yes, ISB Hyderabad’s PGP program requires a minimum of 2 years of full-time paid work experience. This criteria came into force on 31st March 2016 and is still a necessity. For candidates who lack in this aspect, there is a back door entry called the Early Entry Option or the EEOs. Under this, you can apply right away, go through the selection process, and receive the admission offer but join only after working for 2 years. This can also be referred to as Deferred admission. Read more
Ans. More than 140 Business Schools in India accept GMAT scores. Here is a list of popular B-School that accept GMAT scores. IIM Ahmedabad (PGPX) IIM Bangalore (EPGP) IIM Calcutta (PGPEx) IIM Indore (EPGP) IIM Kozhikode (EPGP) IIM Lucknow (IPMAX) XLRI Jamshedpur MDI Gurgaon IMT Ghaziabad IIFT Delhi FMS Deli ISB Hyderabad/Mohali Many other reputed B-School across the country also accept GMAT scores. Read more
Ans. Very few universities in Canada offer MBA without GMAT scores. They will consider other factors as eligibility criteria such as work experience for selection. York University’s Schulich of School of Business, McMaster University’s Degroote School of Business are some of the most reputed business schools in Canada that offer MBA without GMAT. Other than these, other universities offering MBA without GMAT are New York Institute of Technology, Thompson Rivers University, Lakehead University, Wilfrid Laurier University. You have the option to apply for executive MBAs without a GMAT score, too. Read more
Ans. IIM Shillong accepts GMAT scores of only for International students for the PGP flagship program The Executive PGP program For International students who are targeting the PGP flagship program, the cutoff is as follows Category SSC Percentage HSC percentage General 80 80 EWS 80 80 DA 50 50 ST 50 50 SC 55 55 So a good GMAT score for an International student is anything above 700. For the Executive program too, a GMAT score of 700+ is a good target. If your profile is average you can target a higher GMAT score. Read more
Ans. There are many business schools in India that require GMAT scores at the time of admission. Some of the top business schools with requiring GMAT scores in India are: Institute Name GMAT Score ISB, Hyderabad & Mohali 730 or higher S.P. Jain Institute of Management and Research, Mumbai 550 IIM Ahmedabad 711 School of Management, NMIMS Mumbai 600 IIM Bangalore 710 Great Lakes Institute of Management 600 IIM Calcutta 701 XLRI Jamshedpur 710 IIM Lucknow 680 IMT (All campuses) 720 IIM Indore 700 ICFAI Business School (Hyderabad & Mumbai) 700 IIM Kozhikode 700 A few other institutes include - MDI Gurgaon, FMS Delhi, Sunstone Business School Noida, ISB Indore, and more. Read more
Ans. I know this decision is a bit difficult to make. What you need to keep in mind is that these two colleges should not be compared to other great IIMs or even ISBs. Those B Schools are at another level and cannot be on par with Kashipur or Raipur. To facilitate a better decision, I will mention the circumstances of these B Schools then you can choose after considering all options. IIM Indore and IIM Kashipur: Both these colleges are not worth a year drop as they will help you earn only an extra 1.5-2 LPA. Moreover, in the coming years, Kashipur and Raipur will have almost the same brand value as that Indore and Kozhikode. IIM Ahmedabad, Calcutta, Lucknow and Bangalore: All these top IIMs are definitely worth a year's drop provided that you are confident enough to cope with the cutoff. All these IIMs consider your academics while selecting so if that is your reason for the year drop I don’t think it will help. There is no surety of admission even after a percentile of 100. ISB: This one is at a whole different level and is in the category of elite B Schools like UCB, NYU, HBS, etc. The top-notch faculty offers amazing pedagogy at relatively low fees. CAT is sufficient for IIMs. But if you want to go for ISB, a work experience of 4+ years and a GMAT are a must. Read more
*The article might have information for the previous academic years, which will be updated soon subject to the notification issued by the University/College
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