MBA Colleges Accepting 95-99 Percentile in CAT 2023

Sukriti Vajpayee
Sukriti VajpayeeUpdated On: December 26, 2023 03:49 pm IST | CAT

Check out the top MBA colleges accepting 95-99 percentile in CAT 2023 for admissions, along with other details like courses offered and program fees.

Colleges Accepting 95-99 Percentile in CAT

MBA Colleges Accepting 95-99 Percentile in CAT 2023: CAT is considered to be the most challenging MBA entrance exam to crack in India. Therefore, it is a matter of pride for students to secure 95 percentile or above. Only 5% of the total candidates who take the CAT exam are able to secure above the 95 percentile, resulting in higher competition. Those securing a CAT percentile between 95-99 will have a great chance to get admission into premier institutes including IIM-A, IIM-B, IIM-C, FMS Delhi, etc. 

While some students are clear about their preference of colleges to pursue their degree, many may be confused about the options. In this article, we have provided a list of MBA colleges accepting 95 percentile in CAT and above. Some relevant details that must be considered before enrolling in MBA colleges accepting 99 percentile in CAT are also provided here.

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List of MBA Colleges Accepting 95-99 Percentile in CAT 2023

Candidates who secure between 95-99 percentile in the CAT exam can find the list of colleges/ institutes offering admissions categorized based on different tiers in a tabular format below. Applicants can also find various key details such as courses offered, fee structure, and other information to have better clarity before choosing the right institute.

Tier AAA+ Colleges

Aspirants must note that colleges and institutes coming under this tier are considered the best colleges for MBA in India. Getting admissions into MBA colleges accepting 99 percentile in CAT 2023 is extremely difficult as the required CAT cut off is sometimes even more than 99 percentile.

College Name

Courses Offered

Course Fee (in INR)

IIM Ahmedabad

MBA Course, PGP

31.5 Lakhs 

IIM Bangalore


28.5 Lakhs

IIM Calcutta

MBA, PGDM Course

31 Lakhs 

Tier AAA Colleges

Colleges and institutes under this tier are also considered suitable for aspirants successfully clearing the CAT exam 2023. The only factor differentiating this tier from the one mentioned above is the brand value of the institutes. However, getting admissions to these colleges accepting 95 percentile in CAT 2023 is a tough nut to crack as their cut-offs are over 95 percentile as well.

College Name

Courses Offered

Course Fee (in INR)

Faculty of Management Studies, Delhi


1.92 Lakhs 

IIM Lucknow


19.25 Lakhs (for 2-year programme)

XLRI Jamshedpur


20.6 to 23.60 Lakhs

Tier AA+ Colleges

Aspirants can check the institutes mentioned below to get admission to the MBA colleges accepting 95 percentile in CAT 2023 and above coming under this tier.

College Name

Courses Offered

MBA Course Fee (in INR)

Jamnalal Bajaj Institute of Management, Mumbai

MBA, Doctoral Programmes, M.Sc in Finance

6.01 Lakh (for 2-3 Years) 

IIM Kozhikode


22.5 Lakhs

IIM Indore


20 to 26 Lakhs

SP Jain IMR, Mumbai


20.42 Lakhs

IIFT Delhi


21.77 Lakhs


MBA, Executive Courses

3.63 Lakhs

MDI Gurgaon


28.16 Lakhs

IIM Mumbai (NITIE)


12.53 Lakhs - 13.43 Lakhs

DMS, IIT Delhi

MBA, Executive Courses

10.40 lakhs

Tier AA Colleges

Candidates can check the institutes mentioned below to know the colleges in which they can get admission under this tier. Colleges under this category accept a CAT percentile between 95-99.

College Name

Courses Offered

Course Fee (in INR)

Symbiosis Institute of Business Management (SIBM), Pune


15.9 lakhs - 22.2 lakhs

Tata Institute of Social Sciences


3.5 Lakhs - 3.98 Lakhs

IIM Shillong

MBA, Executive Programmes

17.5 Lakhs 

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai


21.9 Lakhs

IIM Trichy

MBA, Executive Fellow Programme in Management

11.8 Lakhs - 16.5 Lakhs 

IIM Ranchi


17.5 Lakhs

IIM Raipur


15.49 Lakhs 

IIM Udaipur

MBA, PG Diploma in Business Administration for Working Executives

20.05 Lakhs

IIT Madras


9.14 lakhs

IIM Kashipur


17.30 Lakhs

IIM Rohtak

PGP, EPGP in various streams 

17.9 Lakhs 

IIT Kharagpur


9 Lakhs

Also ReadList of Top IIMs in India 2023

Additional Criteria for Admission to MBA Colleges Accepting 95-99 Percentile in CAT 2023

The following criteria are essential for receiving final admission to MBA colleges accepting 95 percentile in CAT and above:

  1. Academic Background: If you received 90 percent or above in your class 10 exams and later, you will receive a 20–30% weightage.

  2. Work Background: 2-3 years of relevant work experience will give you a weightage of 5–10%.

  3. Non-Engineering Background: Your application for admission will be given an additional 2-5% weightage if you have a diverse academic background.

  4. Gender Diversity: Female applicants are entitled to earn a weightage of 3-5% or more during the final admissions process at the best MBA schools.

What After the CAT 2023 Exam?

After the conclusion of the CAT 2023 exam, IIM Lucknow released the CAT result 2023 on December 21, 2023. Since the result is out, all the participating colleges will release their cutoff and the selection process will begin. Students must complete the following procedures when they are chosen based on their CAT 2023 scores:

  • Group Discussion (GD)/ Written Ability Test (WAT)/ Personal Interview (PI)

  • Final Selection

It is advised that applicants carefully review each institute's admission requirements and selection standards. The CAT cutoffs for the best business schools in India are also available in this post for candidates to view.

Also ReadHow to Get Admission to Top B-Schools with Low CAT Score?

How to Choose MBA Colleges Accepting 95-99 Percentile in CAT 2023?

When choosing reputable MBA colleges accepting 99 percentile in CAT 2023, there are several crucial considerations to bear in mind. We've included a few of them below.

  • Credentials & Approvals - The MBA/PGDM should be UGC-recognized or AICTE-approved.

  • Course Fee - Top MBA institutions like FMS and JBIMS provide inexpensive tuition rates, ranging from INR 2 to 6 lakhs. Earning an MBA from one of these universities is equivalent to getting one from an IIM A, B, or C, where tuition ranges from INR 21 to 23 lakhs if your CAT percentile matches the standards. As the fee rises, the financial burden will also rise.

  • Faculty/Teaching Staff - When selecting an MBA college or university, institutions with qualified and research-focused faculty should always be the top consideration.

  • Placements - Before choosing an institution, you should research its placement record. In addition to this, the college's affiliations might aid you in gaining insight into college placements.

  • Courses - You should inquire about the college's course offerings. You can pick the college that offers the specialization you want.

  • Campus - To find out what amenities are offered on campus, go to the college's official website. A decent MBA program should contain both seminar rooms and at least two or three labs.

  • Hostel Facilities - Numerous IIMs and other MBA programs do not provide on-campus housing, which inhibits peer learning. Always pick an MBA program that provides decent on-campus housing.

  • Awards and Rankings - It is crucial to be aware of the college's accolades and rankings. Along with this, you should also look at the college's affiliation.

Students usually search for the options they can pursue after completing their undergraduate degree and an MBA is one of the most common choices among graduates. To acquire proficient management skills, candidates are always keen to get admission to the most renowned MBA institutes and colleges. This article is aimed at helping aspirants choose the best MBA colleges accepting 95-99 percentile in CAT 2023 and courses that will ultimately lead to better jobs after MBA.

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MBA Colleges Accepting 90-95 Percentile in CAT 2023

For any admission-related assistance, students can fill out the Common Application Form (CAF) and avail of free counselling from our experts. If they have any queries related to colleges accepting 95-99 percentile in CAT 2023, they can write to us through the Q&A Zone or call the toll-free student helpline number 1800-572-9877. You can even check our CAT 2023 College Predictor and CAT 2023 Percentile Predictor tools to get an idea of your results based on your performance in the CAT 2023 exam. Stay tuned with us for more updates on CAT 2023!


What are the top Tier AAA+ MBA colleges that are accepting the 95-99 percentile in CAT?

IIM Ahmedabad, IIM Bangalore, and IIM Calcutta are Tier AAA+ MBA institutions that are the best in India. These colleges have a cutoff of 99+ percentile, making admission extremely challenging. To be admitted, you must have a strong overall profile, preferably 90%+ in 10th and 12th grades, as well as a well-rounded personality.

What are the top Tier AAA MBA colleges that are accepting the 95-99 percentile in CAT?

In terms of education, infrastructure, and so on, Tier AAA colleges are nearly on par with Tier AAA+ colleges. They are just behind in terms of brand value by a whisker. As a result, these universities (Faculty of Management New Delhi, IIM Lucknow, and XLRI Jamshedpur) are also excellent choices for an MBA programme that accepts CAT scores ranging from 95-99 percentile. All of these schools have cutoffs that are higher than the 98th percentile.

What are the top MBA colleges that are accepting 98+ percentile in CAT?

If you have secured the 98+ percentile in the CAT exam, then you are amongst the 1-2% of individuals who have succeeded to do so. Now comes the highly critical task of registering for your dream Business School. You can now expect a call letter from any of the following institutes such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore, IIM Lucknow, DMS IIT Delhi, MDI Gurgaon, FMS Delhi, SJMSOM at IIT Bombay.

What are the top MBA colleges that are accepting the 95-98 percentile in CAT 2023?

If you received a 95-98 percentile on the CAT exam, you are in the top 5% of all candidates who received such a high score. The popular belief that IIM A/B/C are the only colleges you should consider is a misconception. IIM Kashipur, IIM Kozhikode, IIM Ranchi, IIM Raipur, IIM Rohtak, IIM Shillong 95+, IIM Tiruchirappalli, NITIE Mumbai, VGSoM, IIT Kharagpur, DoMS, IIT Madaras, and IMT Ghaziabad are among the top MBA colleges to which you can apply.

Do candidates who have achieved the 95-99 percentile in CAT 2023 wait for Stage 2 Call Letter from top MBA colleges?

Yes, now that you have obtained a 95+ percentile in the CAT exam and completed the registration, you can expect a call to attend Stage 2 of the selection process from the above-listed institutes. The candidates shortlisted from the first stage will receive a call to attend Group Discussion(GD) or Writing Ability Test (WAT) followed by a Personal Interview (PI). All institutions have various selection processes. Be careful to look through the details well before applying.

How do MBA colleges calculate the final score for candidates who have achieved the 95-99 percentile in CAT?

Several factors influence the final choice of a top-rated MBA college. Aside from the CAT Index Score, top universities use other factors such as GD, WAT, PI, and resume results while determining the final score. While many top MBA programmes hold GDs, some universities, such as IIM Kozhikode, choose to select students based on WAT and PI.

What if I do not end up getting 95+ percentile in CAT?

There is no reason to be dismayed if you fell short of the 95 percentile by a few points. If you have an 85 percentile or more, many good colleges and baby IIMs are waiting for you, such as IIM Amritsar, IIM Jammu, IIM Nagpur, IIM Sambalpur, IIM Sirmaur, IIM Vishakhapatnam, XIM Bhubaneshwar, and others. If you are certain of achieving an 85+ percentile, you can take advantage of alternative admission examinations such as XAT, CMAT, and GMAT, which allow you to apply for top MBA colleges.

Does SPJIMR accept candidates with the 95-99 percentile in CAT?

Yes, SPJIMR (S. P. Jain Institute of Management and Research) accepts candidates with a CAT score of 95-99 percentile. If you have decent academic records, but a superb overall profile you can obtain a chance to study at SPJIMR with a 95+ percentile. SPJIMR offers a two-year full-time programme that is ranked among India's top ten two-year programmes. Finance, Marketing, Operations & Supply Chain, and Information Management are their four specialisations.

Does IISC accept candidates with the 95-99 percentile in CAT?

Yes, candidates with a CAT score of 95-99 percentile are accepted by the IISC (Indian Institute of Science). The two-year master in management programme at IISC is a first of its kind with two specialisations - Technology management and business analytics. This highly quantitative and technologically oriented curriculum prepares graduate engineers to be competent and socially responsible management leaders in data-driven, technology-intensive enterprises.

Does the Delhi School of Economics accept candidates with the 95-99 percentile in CAT?

Yes, the Delhi School of Economics does admit candidates having 95-99 percentile in the CAT exam. Since its beginning, DSE has embraced the academic tradition of seeking new frontiers of knowledge and innovation. It has reshaped commerce education in the country over three decades. DSE provides an MBA programme in International Business. If you're looking for an affordable MBA with an ROI that even the best business schools can't match, your quest may come to an end here.

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