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Top MBA Colleges Accepting GMAT Score Based on 2024 Ranking

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Ahana Bhaduri

Senior Content Specialist | Updated On - Jan 22, 2024

The top MBA colleges in India accepting GMAT scores are Indian School of Business - [ISB], Hyderabad, SP Jain Institute of Management and Research, Mumbai, WeSchool, Mumbai, Goa Institute of Management, North Goa, and KJ Somaiya, Mumbai. There are 51 MBA colleges in India accepting GMAT scores out of which 45 are private and 5 are government MBA colleges.

  • The registration for GMAT Exam- Focus Edition will open on August 29, 2023. Check GMAT Online Registration
  • The 5 government MBA colleges in India that accept GMAT scores are the National Institute of Bank Management, Pune, NTPC School of Business, Noida, Indian Institute of Engineering Science and Technology, Shibpur, National Institute of Technology, Surathkal, and National Institute of Technology, Srinagar.
  • The top private MBA colleges in India accepting GMAT scores are ISB Hyderabad, SPJIMR Mumbai, WeSchool Mumbai, GIM North Goa, and KJ Somaiya, Mumbai.
  • Top B-Schools in India accepting GMAT are Xavier School of Management, Jamshedpur, Atal Bihari Vajpayee-Indian Institute of Information Technology and Management, Gwalior, Management Development Institute, Gurgaon, and IMT Ghaziabad. Check GMAC Prep Guide
  • Top MBA colleges accepting GMAT scores above 650 are XLRI Jamshedpur, MDI Gurgaon, ISB Hyderabad, and The Great Lakes Institute of Management.
  • The fee structure of GMAT accepting colleges ranges from INR 2,00,000 - INR 15,00,000 per year. Check GMAT Exam Fee

Top MBA Colleges Accepting GMAT Score: Highlights Table

The table below shows the parameters of MBA colleges in India accepting GMAT scores.

Parameters Statistics
No. of Colleges 51
Fees INR 50,000 - INR 30,00,000
Specializations MBA Finance, MBA Marketing, MBA International Business, MBA IT, MBA Business Analytics, MBA Logistics and Supply Chain Management, etc.
Admission Process Entrance Exam followed by Group Discussion and Personal Interview

Check Out:

Top 10 MBA Colleges in India Accepting GMAT Score

The top MBA colleges in India accepting GMAT scores are mentioned below with the number of seats available. Check the top 10 MBA Colleges in India

Top MBA Colleges in India Accepting GMAT Score: NIRF Ranking 2023

The following table shows the top MBA colleges in India accepting GMAT scores according to the National Institutional Ranking Framework 2023. NIRF Ranking is based on various factors such as placements, faculty, college infrastructure, and college performance. Check the Ranking of Top MBA Colleges in India

NIRF ranks the institutions based on 5 major parameters which carry different weightage to get a ranking. The Infographic below shows the weightage allotted to the 5 different parameters considered by NIRF for the rankings:

Top MBA Colleges in India Accepting GMAT Score: NIRF Ranking

Below is the list of top MBA colleges in India accepting GMAT score, per NIRF ranking 2023.

NIRF Ranking 2023 College Name NIRF Score
73 Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai 48.21
33 Goa Institute of Management - [GIM], North Goa 56.28
48 Birla Institute of Management Technology - [BIMTECH], Greater Noida 51.74
60 Christ University, Bangalore 50.69
76 National Institute of Bank Management - [NIBM], Pune 47.08

Government MBA Colleges in India Accepting GMAT Score

There are 5 government MBA colleges in India that accept GMAT scores. These MBA colleges offer good placement opportunities with good infrastructure. Tabulated below are the top government MBA colleges accepting GMAT scores with the latest cut-off percentile.

College Name Cut-Off
National Institute of Bank Management - [NIBM], Pune 75-85
NTPC School of Business - [NSB], Noida 60
Indian Institute of Engineering Science and Technology - [IIEST] Shibpur, Howrah 60-70
National Institute of Technology - [NITK], Surathkal 75-85
National Institute of Technology - [NIT], Srinagar 75-85

Check Top Government MBA Colleges in India

Private MBA Colleges in India Accepting GMAT Score

In India, there are around 45 private MBA colleges accepting GMAT scores. These private MBA colleges in India provide students with high-quality education, placements, and good infrastructure facilities. Below is the list of some of the top private MBA colleges accepting GMAT scores with the latest cut-off marks.

Colleges Cut-Off
SP Jain Institute of Management and Research - [SPJIMR], Mumbai 650
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai 600
Goa Institute of Management - [GIM], North Goa 600
KJ Somaiya, Mumbai 650
Birla Institute of Management Technology - [BIMTECH], Greater Noida 610
Christ University, Bangalore 450
International School of Management Excellence - [ISME], Bangalore 610
IMT Ghaziabad 690
XLRI Jamshedpur 682
ISB Hyderabad 710

Top MBA Colleges in India Accepting GMAT Score: Fees Structure

The fee structure of top MBA colleges accepting GMAT score is as follows.

Colleges Total Fees
Indian School of Business - [ISB], Hyderabad INR 36,29,620
SP Jain Institute of Management and Research - [SPJIMR], Mumbai INR 20,42,000
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai INR 13,00,000
Goa Institute of Management - [GIM], North Goa INR 18,31,200
KJ Somaiya, Mumbai INR 19,94,900
Birla Institute of Management Technology - [BIMTECH], Greater Noida INR 2,75,000
Woxsen School of Business - [WSB], Hyderabad INR 19,90,000
Lal Bahadur Shastri Institute of Management - [LBSIM], New Delhi INR 13,90,000
SIES School of Business Studies - [SIES SBS], Mumbai INR 7,00,000
Christ University, Bangalore INR 7,75,000

Check the top MBA colleges in India with Fee structures

Top MBA Colleges in India Accepting GMAT Score: Admission Process 2023

After the Graduate Management Admission Test (GMAT) entrance examination, students must follow the below steps to get admission to the desired MBA college.

  • The GMAT cut-off marks will be mentioned by the participating institutes after the declaration of the GMAT results. Students must check the cut-off percentile or marks through the official website.
  • Students who pass the eligibility and cutoff criterion must participate in the group discussion and personal interview rounds. Check: MBA Group Discussion Topics
  • Students must be aware of current affairs and must be able to project the right judgments upon them in order to pass the group discussion round.
  • Final admission is offered based on the applicant’s performance in all rounds of the selection process. However, the selection process is dependent on individual institutions. Download GMAT Exam Pattern

Top MBA Colleges in Bangalore Accepting GMAT Score

Bangalore has around 5 MBA colleges accepting GMAT scores. Below is the list of some of the top MBA colleges in Bangalore accepting GMAT score with the number of seat intake.

MBA Colleges in Mumbai Accepting GMAT Score

There are around 11 MBA colleges in Mumbai that carry out admissions based on a GMAT score. Check out the table below for top MBA colleges in Mumbai accepting GMAT score with expected GMAT cut-off percentile.

MBA Colleges in Mumbai Accepting GMAT score GMAT Cut off 2023 (Expected)
SP Jain Institute of Management and Research - [SPJIMR], Mumbai 60-70
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai 60-70
KJ Somaiya, Mumbai 70-80
SIES School of Business Studies - [SIES SBS], Mumbai 80-90
ICFAI Business School - [IBS], Mumbai 60-70
BSE Institute Limited - [BIL], Mumbai 60-70
Somaiya Vidyavihar University, Mumbai 70-80
MET Institute of Post Graduate Diploma in Management, Mumbai 70-80
SASMIRA's Business School, Mumbai 60-70
MKES Institute of Management Studies and Research, Mumbai 60-70

Top MBA Colleges in India Accepting GMAT Score: Placements

The top MBA colleges in India that accept GMAT scores have found a high placement rate for 2023. Axis Bank, KPMG, Wipro Ltd, CK Birla Group, etc. are the top recruiters providing employment opportunities to the graduates of top MBA colleges in India. Check the Top MBA Colleges in India Placement Wise

The following infographics highlight the average package of top MBA colleges in India accepting GMAT.

Top MBA Colleges in India Accepting GMAT Score: Placements

Learn More:

FAQs

Ques. Which MBA colleges accept GMAT scores?

Ans. ISB Hyderabad, SPJIMR Mumbai, WeSchool Mumbai, GIM North Goa, and KJ Somaiya, Mumbai are the top colleges that accept GMAT scores.

Ques. Does IIM accept GMAT scores?

Ans. Yes, seven IIMs accept GMAT scores for 1-year postgraduate programs.

Ques. What is the best GMAT score for an MBA?

Ans. Scoring above 650 is the best range of GMAT scores for an MBA.

Ques. Which colleges accept a 650 GMAT score?

Ans. SPJIMR Mumbai, KJ Somaiya, Mumbai, GIM North Goa, and ISME Bangalore are the top colleges that accept 650 GMAT scores.

Ques. Is GMAT more difficult than CAT?

Ans. No, GMAT is quite easier than CAT.

Ques. Does FMS Delhi accept GMAT scores?

Ans. No, FMS Delhi does not accept GMAT scores.

Ques. Is it easy to score 750 on GMAT? 

Ans. It is quite difficult to achieve 750 in GMAT. However, with proper study plan and dedication, one can aim to score above 700.

Ques. How much GMAT score is required for IIM?

Ans. One must score 600 or above to get admission at IIM.

Ques. How many years is the GMAT score valid?

Ans. The GMAT score is valid for 5 years. 

Ques. How many GMAT attempts in a year?

Ans. One can take 5 GMAT attempts in a year.

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SP Jain [SPJIMR]
SP Jain [SPJIMR] logo

SP Jain [SPJIMR]

Mumbai, Maharashtra


MBA/PGDM

₹ 24 Lakhs

Graduate Certificate in Management

₹ 23.5 Lakhs


Financial Expressranking 16 out of 50 in 2019

MDI Gurgaon
MDI Gurgaon logo

MDI Gurgaon

Gurgaon, Haryana


M.Phil/Ph.D in Management

₹ 41.8 K

MBA/PGDM

₹ 24.99 Lakhs


TOIranking 6 out of 100 in 2020

ISB Hyderabad Indian School of Business

MBA/PGDM

₹ 39.26 Lakhs

Graduate Certificate in Management

₹ 42.13 Lakhs


QSranking 78 out of 315 in 2024

Indian Institute of Management - [IIMU]

MBA/PGDM

₹ 22.75 Lakhs

Executive MBA

₹ 14.21 Lakhs


TOIranking 3 out of 100 in 2020

Adamas University
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Adamas University

Kolkata, West Bengal


M.Sc

₹ 1 Lakhs

B.Sc

₹ 1 Lakhs


IIRFranking 20 out of 160 in 2024

XIMB
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XIMB

Bhubaneswar, Odisha


MBA/PGDM

₹ 19.3 Lakhs

Executive MBA

₹ 14 Lakhs


TOIranking 6 out of 80 in 2021

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IMI - International Management Institute

MBA/PGDM

₹ 20.95 Lakhs

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Financial Expressranking 27 out of 50 in 2019

Goa Institute of Management - [GIM]

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₹ 19.4 Lakhs

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KJ Somaiya Institute of Management

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₹ 10.07 Lakhs

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₹ 11.58 Lakhs


TOIranking 5 out of 100 in 2020

Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool]

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₹ 1.01 Lakhs

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₹ 3.4 Lakhs


NIRF Innovationranking 26 out of 50 in 2020

Birla Institute of Management Technology - [BIMTECH]

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₹ 14 Lakhs

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₹ 80 K


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₹ 15.5 Lakhs

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TOIranking 7 out of 80 in 2021

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Woxsen School of Business - [WSB]

MBA/PGDM

₹ 7.7 Lakhs

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₹ 4.25 Lakhs


ranking 12 out of 130 in 2024

Prin. L.N. Welingkar Institute of Management Development & Research- [WeSchool]

MBA/PGDM

₹ 7 Lakhs


MBA Universeranking 23 out of 77 in 2019

Indian Institute of Forest Management - [IIFM]

PG Diploma in Management

₹ 7.38 Lakhs

MBA/PGDM

₹ 7.38 Lakhs


MBA Universeranking 48 out of 77 in 2019

Praxis Business School
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Praxis Business School

Kolkata, West Bengal


MBA/PGDM

₹ 9.51 Lakhs


TOIranking 23 out of 80 in 2021

N. L. Dalmia Institute of Management Studies and Research - [NLDIMSR]

MBA/PGDM

₹ 8.1 Lakhs


TOIranking 14 out of 80 in 2021

Siva Sivani Institute of Management - [SSIM]

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₹ 6.9 Lakhs

M.Phil/Ph.D in Management

₹ 4.5 Lakhs


TOIranking 70 out of 100 in 2020

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Indian Institute of Engineering Science and Technology - [IIEST] Shibpur

BE/B.Tech

₹ 1.42 Lakhs

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₹ 81.5 K


NIRFranking 66 out of 200 in 2023

KIIT School of Management - [KSOM]

BBA/BMS

₹ 4.29 Lakhs

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₹ 8.95 Lakhs


TOIranking 2 out of 101 in 2021

NEST Academy of Event Management & Development- [NAEMD]

BBA/BMS

₹ 1.41 Lakhs

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₹ 1.05 Lakhs


ranking 161 out of 178 in 2021

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Christ University

Bangalore, Karnataka


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₹ 1.48 Lakhs

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₹ 84 K


THEranking 1201 out of 1501 in 2024

Lexicon MILE - Management Institute of Leadership and Excellence

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₹ 24.32 Lakhs

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₹ 500


TOIranking 11 out of 80 in 2021

National Institute of Technology - [NITK]

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₹ 1.64 Lakhs

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₹ 1.13 Lakhs


NIRFranking 38 out of 200 in 2023

International School of Business & Media - [ISB&M]

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₹ 9.6 Lakhs


ranking 83 out of 211 in 2024

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Collegeduniaranking 293 out of 608 in 2023

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Sona School of Management

Salem, Tamil Nadu


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₹ 10 Lakhs


ranking 59 out of 200 in 2024

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