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Top MBA Colleges in India Accepting GMAT Score

Top MBA Colleges in India Accepting GMAT Score

According to the MHRD-NIRF rankings 2021, the top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore. Other popular B-Schools include XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management

 Saurav Anand
 Saurav Anand 11/05/2022
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Top MBA Colleges in India 2022 Accepting GMAT

According to the MHRD-NIRF rankings 2021, the top MBA colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Kozhikode, and IIM Indore. Other popular B-Schools include XLRI Jamshedpur, MDI Gurgaon, IMI, SPJIMR, IMT, VIT, Fore School of Management, and the Department of Management Studies of the IITs, which are ranked among the top MBA colleges in India by the NIRF as well as other B-school surveys conducted by India Today, Outlook, and Business Today.

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
  4. IMI, Delhi

Among the top MBA colleges in India, a few are consistently ranked as the best in the world. For example, the ISB was ranked fifth in Bloomberg Businessweek’s Asia-Pacific B-Schools ranking 2021, while IIM Bangalore was ranked sixth.

Top MBA colleges in india accepting GMAT score – IIM Ahmedabad, IIM Bangalore and SPJIMR have also been ranked among global top 50 institutes in the latest Financial Times Masters in Management (MiM) Rankings 2021. IIM Ahmedabad has been ranked 26th, SPJIMR has been ranked 39th and IIM Bangalore has been ranked 47th. Read below all about MBA rankings and best MBA colleges in India.

GMAT is a test that tests the GMAT tests are a computer adaptive exam that tests the applicants in their analytical writing and verbal, quantitative and reading abilities in written English. The cost of taking the GMAT Test will be US 275 dollars. The test is used to be able to enter an MBA or other graduate management programs, like MBA or Masters in Finance programs at top business schools around the globe. In this post, we’ll provide you with information on every aspect of the GMAT coverage, GMAT eligibility, GMAT Registration to GMAT Exam Form and much more.

From 16th April, 2018 onwards, the Graduate Management Admission Council has cut the GMAT test to 2022 with a time limit of 30 mins. The exam now consists three hours and thirty minutes with test instructions and breaks. Its Verbal Reasoning and Quantitative sections were reduced by approximately 13 and 10 minutes each. The section that integrates reasoning along with the Analytical Writing Examination as well as scores Preview and optional break time were the same. The changes don’t affect scores for the shortened Verbal Reasoning and Quantitative sections, as only the items that were not scored have been eliminated by the GMAC. GMAT features an option that allows students with the ability to personalize your GMAT experience by selecting the order that they feel the most comfortable with taking the test.

GMAT Online Exam

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.

In light of the COVID-19 pandemic, GMAC has introduced the GMAT Online Exam for people who want be able to complete the GMAT entrance test from the comfort at home instead of traveling to GMAC’s GMAT exam center. Candidates now have the option of taking the GMAT test on the internet or in a test center close to them.

What are the top b schools in India accepting GMAT scores?

The top business schools in India accepting GMAT scores are: ISB Hyderabad, ISB Mohali IIM Bangalore, Great Lakes Institute of Management IIM Kozhikode IIM Lucknow IIM Nagpur IIM Raipur

GMAT online exam is available. GMAT online test

Candidates for the GMAT Online Exam can schedule an appointment online up to 24 hours before an exam slot becomes available. New GMAT Online exam dates are released on a regular basis. Candidates are permitted to take the GMAT Online test up to two times. GMAT Online exam attempts will be counted toward your five GMAT test attempts over the course of a year and eight lifetime tries.

Due to the COVID-19 pandemic, GMAC has been forced to suspend GMAT exam testing in test centers for those interested in all countries, as they have imposed travel restrictions on citizens. GMAC (Graduate Management Admission Council), the official administration of the Graduate Management Admission Test (GMAT), announced the launch of GMAT Online on April 15th, 2020. Online GMAT.

Top business schools aren’t demanding GMAT and some waive fees for applications. Universities are also expanding deadlines so that more applicants can apply to be admitted.

What are the top b schools in India accepting GMAT scores?

The top business schools in India accepting GMAT scores are: ISB Hyderabad, ISB Mohali IIM Bangalore, Great Lakes Institute of Management IIM Kozhikode IIM Lucknow IIM Nagpur IIM Raipur

Top B-Schools in India Accepting GMAT Scores

Here is a table that highlights some of the best, top-ranked, and well-known business schools and GMAT-accepting colleges in India.

GMAT Accepting Colleges in IndiaLocationGMAT Score Range*
The Great Lakes Institute of ManagementChennai650
S.P Jain Institute of Management and ResearchMumbai650
XLRI – Xavier School of ManagementJamshedpur630-720
Amity School of BusinessNoida550
Institute of Management TechnologyNagpur500
Xavier Institute of Management and EntrepreneurshipBangalore600
Christ University Institute of ManagementBangalore450
SDM Institute of Management DevelopmentMysore550
Xavier University (XIMB)Bhubaneshwar550
Management Development Institute (MDI)Gurgaon660
Narsee Monjee Institute of Management Studies (NMIMS)Mumbai600

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 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.

List of top MBA colleges in India accepting GMAT score

1. Faculty of Management Studies, University of Delhi

Its Faculty of Management Studies is more focused on education in management than management of business. It’s about thinking leadership and an in-depth understanding of business. This method of teaching includes case studies, fieldwork and feedback that is instrumented. However, it puts the emphasis on theories and notions. It’s designed to spark intellectual curiosity and to open minds to new ideas.

The school’s fame isn’t only related to the courses it offers. FMS is fortunate to belong in one of the country’s most prestigious universities which is which is the University of Delhi. It has several of the most prestigious departments in the fields of Economics, Law and Sociology. Collaboration can provide a wider perspective and a deeper understanding. Our alumni have become leaders in a variety of sectors and government agencies around the globe, an indication of their accomplishment. Students are able to access unbeatable information, mentors and career opportunities via the network of more than 10000 alumni.

FMS is a school that encourages innovation, creativity and thinking outside the box. Individualists with a huge intellectual drive and a knack to collaborate, FMS students are able to be effective as part of groups. The FMS students we have are varied, with a flair and energy that is thriving in cities like Delhi.

Expected Cutoff
98.20 Percentile

2. IIT Delhi 

The growth of an idea back in 1963 resulted in the establishment of the Department of Management Studies. The idea that was originally an idea was realized in the form of IIT Delhi established an internal committee in 1974 to examine the functioning of the section for management. In 1975 an expert panel was formed to study possibilities of the field being established in a continuous method. In 1975 the School for System Studies established the Master of Technology program in Management Systems. It was named the School for Systems and Management Studies was changed to the School for Systems and Management Studies. 1978 saw the formation of the Management Core Group. The fundamental inputs to full-time Management Education within IIT (D) was approved by an advisory panel comprised of representatives from Academia and the industry. The school has not turned back since the time. It was in the School for Systems and Management Studies was changed to as the Centre for Systems and Management Studies. Its name was changed to the Centre for Management Studies was later changed.

The 1993 changes in the IIT (D) statutes, created the Department. This Department is clearly aware of India’s industry’s demands and is pleased with its extensive field orientations throughout its curriculum activities. Its Department of Management Studies created MBA programs in 1997 in response to feedback from industry and students. The current program offers two years of full-time MBA programme (General as well as with a particular focus in Telecommunication Systems Management) as and a part-time, three one year MBA program (with an emphasis upon Technology Management). This IIT Delhi MBA program is specifically designed to meet the ever-changing demands of the business and industry. Our educational program is in line to the top programs offered by world-class business schools , helping managers adjust to the changing markets. The program is designed to produce an interdisciplinary manager under the guidance of a highly respected faculty. The faculty is supported by experienced experts from India and all over the world. Students must go through an extensive screening process that includes group discussions and CAT score, an interview and group discussions. The IITD MBAs are successful.

Expected Cutoff
98+ Percentile

3. Loyola Institute of Business Administration (LIBA) Chennai

It is the Loyola Institute of Business Administration (LIBA) is a top business school established by the college in 1979. It is located on Loyola College to develop competent and dedicated leaders who are moral, principle-focused and socially responsible with a global view and a spirit of entrepreneurship. LIBA is administered by Loyola College Society Jesuits, known for their work in higher education. LIBA is known for its excellence and integrity, which are the hallmarks in Jesuit business education. every aspect of its programmes and activities reflect these qualities. LIBA strives to teach its students the virtues of justice, excellence integrity, honesty, and dedication to society.

Expected Cutoff
90+ Percentile

4. SJMSOM, IIT Bombay

India is moving towards an information-based economy. The IIT team at IIT believe that a large portion of the growth in economic activity that is expected to occur in India in the next few years will result from the effective management of enterprises in their growth phases. Management of organizations in this stage is the process of adjusting to technological advances on both the macro and micro level.

Therefore, leaders with a strong background in technology will be able to steer India to a faster development path.

IIT Bombay

Since its establishment at the age of the year 1958 IIT Bombay has established its reputation as a top teaching and research institute in technology and inter-disciplinary programs. About twenty percent (or more) of their graduates are entrepreneurs, with a large portion of them are first generation. The Institute’s acclaim is apparent in its numerous and highly effective academic programs to support human resource development that meet Organizations ever-changing needs.

Shailesh J. Mehta School of Management

IIT Bombayestablished its management school in 1995, with the intention of helping professionals with technological backgrounds into the next generation of “Renaissance Leaders” to promote the use of interdisciplinary education and to keep pace with the ever-changing technological environment. The school was named Shailesh J Mehta School of Management in honour the late the late Dr. Shailesh J. Mehta an eminent alumnus from IIT Bombay and a generous supporter of the school, in 2000. With the help of the many knowledge sources at IIT Bombay and providing an exceptional and creative course in education for management and management, the School of Management is already at the forefront of making its students ready to face up to the new challenges.

Expected Cutoff
99+ Percentile

5. Institute of Management Technology (IMT) Ghaziabad

Institute of Management Technology, Ghaziabad was founded in the year 1980. It is India’s most highly regarded AACSB-accredited management institution. The school is focused on developing leaders through innovative as well as execution and social accountability. IMTG is an autonomous, nonprofit, and non-profit institution which offers highly sought-after postgraduate programs. At present, IMTG offers six AICTE-approved programs: PGDM Full Time, PGDM Executive, and PGDM Part-Time. PGDM BFS(Banking & Financial Services), PGDM Dual Country Programmes (DCP), and Fellow Programs in Management (FPM).

IMT Ghaziabad was established under the supervision by the Lajpat Rai Educational Society, (LES) an organization which was registered under Societies Act 1860 of Government of India.

IMTG is regularly ranked among the top management schools across the country. It has more than 1000 C-suite top-ranking executives, in addition to thousands of professionals working as leaders in many of the most well-known companies across India and across the globe. They are involved in crucial tasks in the business like Operations, Sales, Human Resources and Marketing.

Expected Cutoff
90+ Percentile

6. Management Development Institute (MDI) Gurgaon

Management Development Institute (MDI), Gurgaon has been a leading institution in the field in executive education consultancy as well as management training. The MDI is the very first Indian Business School to be internationally recognized. The school was granted an international accreditation in 2006 . It was awarded this accreditation by the Association of MBAs (AMBA), London. In 2006, the institution received accreditation from South Asian Quality Assurance Systems. Accreditation for all courses offered at the Institute confirms the quality of education offered by the Institute in international standards.

All India Council for Technical Education (AICTE), New Delhi has accredited MDI’s MDI PG Programmes of Management. In addition, the National Board of Accreditation has recognized the MDI’s PGPM (two-year fully-time). Since the programs are residential, students can be in groups and continue studying on campus. You are able to access online libraries, databases and mentorship, as well as global connect and other learning infrastructures throughout the day and night.

Expected CAT Cutoff
95+ Percentile

7. NITIE Mumbai

NITIE located in Mumbai is known for its expertise in supply chain operations and management. Also, consider the ROI and engineering students looking for managerial training flock at the institution.

NITIE was established in 1963, with the intention of encouraging manufacturing and engineering excellence. It is funded by the central government. As per Amitabha De Director in Charge of the Institute, the institute is hoping to boost the number of students it enrolls from 465 students to 686 during the academic year 2014. It is also planning to launch two brand new management courses: Project Management and Visionary Leadership for Manufacturing.

Expected Cutoff
95+ Percentile

8. SP Jain Institute of Management and Research (SPJIMR) Mumbai

S P Jain Institute of Management and Research is an internationally renowned school of Management situated in Mumbai India’s financial hub. It is part the Bharatiya Vidya Bhavan, and is recognized as one of the top management schools in Mumbai. It is an autonomous institute that encourages entrepreneurial dynamism. It is consistently ranked in the top ten of the most prestigious management schools in India.

The event was inaugurated by late British PM, the Late Hon. SPJIMR was founded in 1981 in 1981 by late British Premier Minister the late Hon. Margaret Thatcher. The purpose of the organisation is to influence the practice of management and encourage value-based growth. It accomplishes this mission with innovative teaching methods and innovative programs that provide an unrivalled path to management education. SPJIMR is home to over 1200 pupils in a range of management programmes.

SPJIMR was granted accreditation by AACSB International, The Association to Advance Collegiate Schools of Business. All-India Council for Technical Education approves the PGDM, PGPM FPM, and PGP-GM programs.

The Association of MBAs (UK) is accreditation for PGDM, PGPM and PGEMP along with PGPM, PGPM and PGEMP. National Board of Accreditation (NBA) also recognizes the PGDM program.

9. Xavier Institute of Management Bhubaneswar (XIMB)

The Xavier Institute of Management, Bhubaneswar was established in 1987 as a consequence of an “Social Contract” between the Government of Odisha and the Odisha Jesuit Society. It is recognized worldwide as a top business school which offers top management education and prepares future leaders with solid ethics and values.

The XIM society supports XIM University that grew from the thirty years of notable operation of Xavier Institute of Management.

Xavier Institute of Management not only offers management training, however, it also implements socioeconomic growth initiatives in collaboration with international organizations as well as the government. Through its various projects of consulting the Institute encourages the growth and advancement of small-scale entrepreneurs locally, encourages management research and aids in India’s overall industrial growth. The Institute is run by an Advisory Board of Governors made up of members of the Jesuit Society, the Government of India as well as Odisha’s Government of Odisha, and prominent industrialists and educators.

Expected Cutoff
85+ Percentile

10. Department of Management Studies, IIT Madras

DoMS IIT Madras was founded in 2004 in 2004. The Master of Business Administration program was operating since the month of August 2001. The campus covers 600 acres it is situated within Chennai, Tamil Nadu. Its Department of Management Studies offers MBA, EMBA, Research Programs like MS and PhD Programs, as well as PGPEX-VLM-Programs.

Expected Cutoff
85+ Percentile

List of 150+ GMAT Accepting Colleges in India

The following is the comprehensive list of top GMAT Accepting Colleges in India:

  1. Acharya Group of Institutes, Acharya School of Management
  2. Acharya Institute of Management and Sciences, AIMS School of Business
  3. Adani Institute of Infrastructure Management
  4. Aditya Institute of Management Studies & Research
  5. Administrative Staff College of India
  6. Aegis School of Business and Telecommunication
  7. Ahmedabad University, Amrut Mody School of Management
  8. Alliance University, Alliance School of Business
  9. Amity Business School
  10. Amrita Vishwa Vidyapeetham University, Amrita School of Business
  11. Apeejay Education Society, Apeejay School of Management
  12. Apeejay Stya University, School of Management Sciences
  13. Asia Graduate School of Business
  14. Asia Pacific Institute of Management
  15. Asian School of Business Management (ASBM)
  16. Athena School of Management
  17. B.S. Abdur Rahman Institute of Science and Technology, Crescent School of Business
  18. Bangalore Institute of International Management, B I I M
  19. Bangalore Institute of Management Studies (BIMS)
  20. Bennett University, School of Management
  21. Birla Institute of Management Technology
  22. BITS Pilani
  23. BML Munjal University, School of Management
  24. BSE Institute Ltd.
  25. Entrepreneurship Development Institute of India
  26. Europe Asia Business School
  27. Flame University, School of Business
  28. Flame University, School of Communication
  29. FORE School of Management, Foundation for Organisational Research and Education (FORE)
  30. Foundation for Liberal and Management Education, FLAME School of Business
  31. Ganpat University, S. K. Patel College of Pharmaceutical Education & Research
  32. GITAM University, GITAM School of International Business
  33. Goa Institute of Management
  34. Great Lakes Institute of Management
  35. Grow Talent Company Limited, School of Inspired Leadership
  36. ICFAI Business School, ICFAI Business School, Hyderabad
  37. ICFAI Business School, ICFAI Business School, Mumbai
  38. IFIM Business School
  39. IFIM College
  40. IIHMR University
  41. IILM Graduate School of Management
  42. IILM Institute for Higher Education
  43. IIMT School of Management, Business School
  44. Indian Institute of Foreign Trade
  45. IIM Ahmedabad
  46. IIM Bangalore
  47. IIM Calcutta
  48. IIM Indore
  49. IIM Kashipur
  50. IIM Kozhikode
  51. IIM Lucknow
  52. IIM Nagpur
  53. IIM Raipur
  54. IIM Ranchi
  55. IIM Rohtak
  56. IIM Shillong
  57. IIM Tiruchirappalli
  58. IIM Udaipur, Business School
  59. IIM Visakhapatnam
  60. Indian Institute of Social Welfare and Business Management
  61. Indian Institute of Technology Gandhinagar
  62. Indian Institute of Technology, Madras
  63. Indian Institute of Tourism & Travel Management
  64. Indian School of Business
  65. Indian School of Business and Finance – City University of Seattle, Indian School of Business and Finance
  66. Indus Business Academy, IBA, Bangalore
  67. Institute for Financial Management and Research, IFMR
  68. Institute for Technology and Management, ITM Business School
  69. Institute for Technology and Management, ITM Global Leadership Center
  70. Institute of Insurance and Risk Management, IIRM Hyderabad
  71. Institute of Management Development and Research
  72. Institute of Management Education (IME), Institute of Management Education
  73. Institute of Management Technology, Hyderabad
  74. Institute of Management Technology, Institute of Management Technology, Ghaziabad, Delhi NCR
  75. Institute of Management Technology, Nagpur
  76. Institute of Rural Management Anand
  77. Institute of Technology & Management
  78. International Management Institute Kolkata
  79. International Management Institute of India, Bhubaneswar
  80. International Management Institute of India, New Delhi
  81. International School of Management Excellence
  82. ISBR Business School
  83. Jagan Institute of Management Studies
  84. Jain University, CMS Business School
  85. Jaipuria Institute of Management
  86. JK Lakshmipat University, Institute of Management
  87. JRE Group of Institutions, JRE School of Management
  88. K. J. Somaiya Institute of Management Studies & Research
  89. Kalinga Institute of Industrial Technology, School of Management
  90. Kirloskar Institute of Advanced Management Studies
  91. Lal Bahadur Shastri Institute of Management
  92. Lovely Professional University, Department of Management
  93. Maharashtra Institute of Technology (MIT), School of Telecom Management
  94. Malaviya National Institute of Technology Jaipur
  95. Management Development Institute
  97. Manipal University Jaipur, TAPMI School of Business
  98. Masters’ Union School of Business
  99. MICA, Ahmedabad, Mudra Institute of Communications, Ahmedabad
  100. Mysore Royal Academy (MYRA), MYRA School of Business
  101. National Institute of Fashion Technology
  102. National Institute of Financial Management
  103. National Institute of Industrial Engineering (NITIE)
  104. National Institute of Securities Markets, School for Securities Education
  105. National Institute of Technology Karnataka, DASA
  106. National Institute of Technology Srinagar, DASA
  107. NIIT University
  108. NIMT Greater Noida, National Institute of Management Technology
  109. NMIMS University, School of Business Management
  110. NTPC School of Business
  111. O.P. Jindal Global University, Jindal Global Business School
  112. Pandit Deendayal Petroleum University (PDPU), School of Petroleum Management (SPM)
  113. Praxis Business School
  114. Prin. L.N. Welingkar Institute of Management Development and Research
  115. PSG College of Technology, PSG Institute of Management
  116. Pune Institute of Business Management
  117. Punjab Technical University, Aryans Business School
  118. Punjab Technical University, Aryans School of Management
  119. Reva University, School of Management Studies
  120. RIMT University, School of Management Studies
  121. S. P. Jain Institute of Management and Research
  122. Sadhana Centre for Management & Leadership Development, SCMLD
  123. SDA Bocconi Asia Center
  124. SDM Institute for Management Development
  125. SelaQui Academy of Higher Education, SelaQui Institute of Management
  126. Seshadripuram Institute of Management Studies
  127. Sharda University, School of Business Studies
  128. Shiv Nadar University
  129. Shoolini University, Faculty of Management Sciences & Liberal Arts
  130. Shree Dhanvantary College of Post Graduate Business Management
  131. Siva Sivani Institute of Management
  132. SRM University, Faculty of Management
  133. St. Mary’s Educational Society, South State Business School
  134. T. A. Pai Management Institute
  135. TASMAC
  136. Tata Institute of Social Sciences
  137. TERI University, TERI School of Advanced Studies
  138. Thapar University, LM Thapar School of Management
  139. The National Management School, National Schools of Business and Management Private Limited
  140. The NorthCap University, Center for Leadership
  141. Unitedworld School of Business
  142. Universal Business School
  143. University of Delhi, Faculty of Management Studies
  144. University of Petroleum & Energy Studies, College of Management & Economic Studies
  145. UPES, College of Management and Economics Studies
  146. Vanguard Business School
  147. Veltech Dr RR & Dr SR Technical University, Vel Tech Business School
  148. VES Institute of Management Studies & Research
  149. VIjaybhoomi University, School of Data Science
  150. Visvesvaraya National Institute of Technology, Nagpur, Department of Humanities
  151. VIT University, VIT Business School
  152. Vivekananda Institute of Professional Studies, Delhi School of Business
  153. Woxsen School of Business
  154. Xavier University
  155. XLRI Jamshedpur

Top 10 executive MBA colleges in india – Following is a list of top 10 Executive MBA colleges in India ranked by Business Today and NIRF:

College NameBusiness Today’17 RankingNIRF’20 Ranking
IIM Ahmedabad11
IIM Calcutta23
FMS Delhi6NA
IIM Indore77
IIM Kozhikode86
Institute of Management Technology (IMT Ghaziabad)10Ranked 37 for Private MBA
NMIMS School of Business Management, Mumbai11Ranked 24 for Private MBA
International Management Institute (IMI Delhi)12Ranked 27 for Private MBA*
Great Lakes Institute of Management, Chennai14Ranked 23 for Private MBA*

The highest GMAT score in India is 800, and candidates with exceptional talent and GMAT preparation can achieve this score. It is stated that approximately 30 candidates out of 200,000 worldwide can achieve the highest GMAT score of 800 in a year.

GMAT scores for top business schools from around the world

RankBusiness SchoolAverage GMAT Scores
3Columbia CBS730

The average GMAT score of the top US business schools is 696, ranging from 639 (Smeal) to 733 (Stanford GSB). 

GMAT scores needed for top business schools –  Most MBA experts consider a score of 700 or higher to be excellent, while anything above 650 is considered good. A 700+ GMAT score is usually required for top MBA programs, but a GMAT score of less than 700 does not rule out admission to top business schools.

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
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 programs that accept GMAT scores

MBA admission to the two-year MBA/PGDM program is available to Indian students who have passed the GMAT entrance exam at more than 100 MBA colleges in India. Indian students seeking admission to the flagship two-year MBA program can apply to top two-year MBA colleges that accept GMAT scores, such as SPJIMR Mumbai and IMI Delhi.

These prestigious MBA programs accept GMAT scores from Indian students. They provide GMAT cutoff scores ranging from 650 to 750, as well as GMAT percentile scores ranging from 80 to 95.

To be eligible for a two-year flagship MBA/PGDM program at one of these top two-year MBA colleges that accept Indian applicants, you must have a valid GMAT score of at least 800.

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.

Frequently Asked Questions

1. Do IIMs accept GMAT scores?

Ans. 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.

2. What GMAT score do I need for top MBA?

Ans. 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.

3. Is 650 score in GMAT good?

Ans. 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.

4. Which colleges accept GMAT for MBA?

Ans. 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.

5. Is 700 GMAT easy to score?

Ans. 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. 

6. Does Nmims accept GMAT score?

Ans. 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

7. Is 720 GMAT enough for Harvard?

Ans. 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.

8. Is a 640 GMAT score good?

Ans.  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.

9. Is 510 a good GMAT score?

Ans. 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.

10. Is GMAT easier than cat?

Ans. 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.

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