List of B-Schools that Offer Scholarship to NMAT by GMAC Test Takers

Sakunth Kumar

Updated On: August 07, 2023 02:16 PM

Seven B-Schools in India will offer scholarships to NMAT by GMAC qualifiers. Check the list of B-Schools and eligibility criteria for scholarship scheme here.

List of B-Schools that Offer Scholarship to NMAT by GMAC Test Takers

Graduate Management Admission Council (GMAC), which conducts NMAT by GMAC examination, has announced that scholarships would be offered to students pursuing PG management courses at seven B-Schools that accept NMAT by GMAC score. Candidates with a valid NMAT by GMAC score can apply for the scholarship scheme of GMAC now. However, each B-School has a different criterion to shortlist the eligible students for the scholarship scheme. The list of seven B-Schools that offer scholarships to students on the basis of NMAT by GMAC score can be checked here.
Also Read: Best Scholarships for College Students in 2023

List of B-Schools Offering Scholarships to NMAT by GMAC Qualifiers:

Here is the list of seven B-Schools that provide scholarships to NMAT by GMAC qualifiers –

Eligibility Criteria for GMAC Scholarship Scheme

Not all the B-Schools mentioned above have similar eligibility criteria for the scholarship scheme. The candidates can check B-School-wise eligibility criteria for the GMAC scholarship scheme: -

Athena School of Management NMAT by GMAC Scholarship Criteria

Athena School of Management offers the following scholarships to NMAT by GMAC qualifiers –

Type of Scholarship

Eligible Score in NMAT by GMAC

Fee Waiver

Athena NMAT Gold Scholarship

200+

50%

Athena NMAT Silver Scholarship

185 - 200

25%

Athena NMAT Bronze Scholarship

150 - 185

20%

BSE Institute Ltd NMAT by GMAC Scholarship Criteria​

  • BSE Institute Ltd offers scholarship to only those candidates who have an NMAT by GMAC score of 185 and above.
  • On the other candidates, the applicants must have at least 60% of marks in Bachelor’s degree.
  • The institute offers scholarships to only the top 5 eligible applicants, and these students will be provided with a fee waiver of up to 20%.

ITM Business School NMAT by GMAC Scholarship Criteria​

  • ITM University, Raipur, and ITM Vocational, Vadodara offer 20% scholarships to students who have NMAT by GMAC score of 160.
  • Candidates who appear in ITM scholarship round will have chances to gain 100% scholarship for the first year of the course.

Also Read: Top 10 Colleges Accepting NMAT by GMAC Score

ISBR Business School NMAT by GMAC Scholarship Criteria

ISBR Business School offers different scholarships to deserving and meritorious candidates. The institute offers the scholarship in the form of tuition fee waiver. More details are elaborated below –

  • ISBR Business School offers the scholarship to candidates who have NMAT score of 160 and above.
  • The institute offers a total number of 15 scholarships that range from 100% - 25% tuition fee waiver.
  • ISBR also offers five exclusive sports scholarships to candidates with the sports background and NMAT score of 160 and above.

Jindal Global Business School NMAT by GMAC Scholarship Criteria​

The eligibility criteria of GMAC scholarship offered by Jindal Global Business School is elaborated below –

% Title Slab

Scholarship Slab

90 - 100

40% of Tuition Fee Waiver

80 – 89.99

30% of Tuition Fee Waiver

70 – 79.99

20% of Tuition Fee Waiver

SDA Bacooni Asia Centre NMAT by GMAC Scholarship Criteria​

SDA Bacooni Asia Centre offers scholarship to candidates with good NMAT by GMAC score and academic background. The institute conducts an interview to shortlist the candidates for the scholarship scheme. Candidates eligible for the scholarship scheme will get fee waiver of 30% - 80%.

Thapar School of Management NMAT by GMAC Scholarship Criteria​

Thapar School of Management conducts a scholarship test to shortlist the candidates for the scholarship scheme. The scholarship test has no application fee, and all the candidates with valid NMAT score can appear for the test. The institute offers 75 merit scholarships to eligible candidates.

Also Read: NMAT Score Valid for International MBA Courses

Regional Director (South Asia) of GMAC, Mr. Gaurav Srivastava the scholarship scheme would help deserving candidates to realize their dream of pursuing management education in some of the top B-Schools across the country. In the same way, the scholarship scheme will produce high-quality management professionals, he hoped.

Related Articles:

UP Scholarships Last Date 2023

How to Check Digital Gujarat Scholarship Status 2023?

Top 10 Colleges Accepting NMAT by GMAC 2023 Score

SBI Asha Scholarship 2023

For the latest NMAT by GMAC news and updates , stay tuned to CollegeDekho.

/articles/list-of-b-schools-scholarship-to-nmat-by-gmac-test-takers/
View All Questions

Related Questions

How is MBA at Lovely Professional University?

-ParulUpdated on February 06, 2026 12:11 AM
  • 169 Answers
Vidushi Sharma, Student / Alumni

The MBA program at LPIJ is well known for its strong industry-oriented curriculum. Students work on live business projects, study practical case analyses, and benefit from collaborations with leading organizations. The institute also hosts regular workshops and leadership summits, enabling interaction with CEOs and global business professionals. Moreover, LPIJ boasts an excellent placement record, with reputed recruiters like Deloitte, Amazon, and HDFC Bank taking part every year.

READ MORE...

Are LPU Online courses good? How can I take admission?

-Sumukhi DiwanUpdated on February 07, 2026 11:30 PM
  • 70 Answers
vridhi, Student / Alumni

Yes — **LPU Online courses are good for many students** in 2026 because they offer **flexible learning, affordable fees, and a UGC‑recognised degree** that you can earn while working or managing other commitments. These online programs include degrees like **MBA, BBA, BCA, M.Sc, and more**, with interactive classes, recorded lectures, and career support. To **take admission in LPU Online**: 1. Visit the **official LPU Online portal** (onlinelpu.com). 2. **Register** with your details (name, email, phone). 3. **Choose your course** and upload required documents (12th or graduation marksheet). 4. **Pay the application/registration fee** online. 5. Attend any online orientation if required, …

READ MORE...

If my bachelor is in chemistry and my master's in Bioanalytical Science then in which subject I am eligible for set exam ?

-Ankita GoudUpdated on February 06, 2026 05:50 PM
  • 1 Answer
srishti chatterjee, Content Team

Dear student, with a Bachelor’s in Chemistry and a Master’s in Bioanalytical Science, you are eligible for Chemical Science subject in the MH SET exam

READ MORE...

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent Articles

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy

Top 10 Management Colleges in India

View All
Top