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Top 50 B-Schools Accepting GMAT Score

Sakunth Kumar
Sakunth KumarUpdated On: July 12, 2022 05:48 pm IST | GMAT
  • Find out about the colleges accepting GMAT score along with their fees and estimated GMAT cut-off required for these colleges.
  • Top MBA colleges in India accept Graduate Management Admission Test (GMAT) score for admissions.
Top 50 B-Schools Accepting GMAT Score

Graduate Management Admission Test, popularly known as GMAT, is an entrance examination that is conducted for the admission to management programmes in some of the top MBA colleges in India as well as abroad. The test is conducted by the Graduate Management Admission Council (GMAC) to test the skills of the prospective candidates, essentially comprising of questions that can measure their capacity to shine in the management field. GMAT is an international examination and around 1,600 b-schools accept GMAT score as an admission criteria. So in case, you are looking forward to getting MBA admissions this year, you can check out some preparation tips to crack GMAT with 700+ score.

Also Read: Which MBA College in India Offers the Best Placement?

CollegeDekho brings you the list of top 50 B-Schools in India which accept GMAT score.

Colleges Accepting GMAT Score:

S. No.Name of the MBA InstituteLocationAverage GMAT Cut-Off ScoreAverage Salary Offered during Placements (Per Annum)
1Indian School of BusinessHyderabad700Rs. 23.00 lakh
2Xavier Institute of ManagementJamshedpur650Rs. 21.00 lakh
3Indian Institute of Management (IIM)Indore700Rs. 20.79 lakh
4S.P Jain Institute of Management and ResearchMumbai650Rs. 22.24 lakh
5Amity School of BusinessNoida550Rs. 6.00 lakh
6Institute of Management TechnologyNagpur500Rs. 7.50 lakh
7Xavier Institute of Management and EntrepreneurshipBangalore600Rs. 7.70 lakh
8Christ University Institute of ManagementBangalore450Rs. 5.80 lakh
9SDM Institute of Management DevelopmentMysore550Rs. 7.14 lakh
10Fortune Institute of International BusinessNew Delhi120Rs. 4.50 lakh
11Indus Business AcademyBangalore500Rs. 6.10 lakh
12Adarsh Institute of Management and Information TechnologyBangalore50Rs. 4.50 lakh
13Indian Institute of ManagementBangalore700Rs. 21.00 lakh
14Xavier University (XIMB)Bhubaneshwar550Rs. 12.91 lakh
15PES UniversityBangalore450Rs. 5.00 lakh
16Universal Business SchoolMumbai550Rs. 7.00 lakh
17Institute of Management TechnologyHyderabad500Rs. 7.00 lakh
18Indian Institute of ManagementCalcutta700Rs. 17.14 lakh
19International Management InstituteDelhiNARs. 13.11 lakh
20Indian Institute of Foreign TradeDelhiNARs. 20.07 lakh
21NMIMS University School of Business ManagementMumbaiNARs. 17.79 lakh
22Institute of Management TechnologyGhaziabadNARs. 12.50 lakh
23T.A. Pai Management InstituteManipalNARs. 11.00 lakh
24Indian Institute of ManagementShillongNARs. 16.70 lakh
25Birla Institute of Management TechnologyGreater NoidaNARs. 8.02 lakh
26Shailesh J. Mehta School of ManagementMumbaiNARs. 20.80 lakh
27Welingkar Institute of Management Development and ResearchMumbaiNARs. 8.00 lakh
28Lal Bahadur Shastri Institute of ManagementNew DelhiNARs. 9.20 lakh
29Asia Pacific Institute of ManagementDelhiNARs. 6.20 lakh
30Institute of Financial Management and ResearchSri CityNARs. 8.70 lakh
31Vaikunth Mehta National Institute of Cooperative ManagementPuneNARs. 6.00 lakh
32NIILM Centre for Management StudiesGreater NoidaNARs. 4.80 lakh
33Amrita School of BusinessCoimbatoreNARs. 6.25 lakh
34IFIM Business School BangaloreNARs. 7.50 lakh
35FLAME UniversityPuneNARs. 6.00 lakh
36Institute of Management StudiesGhaziabadNARs. 6.10 lakh
37Siva Sivani Institute of ManagementHyderabadNARs. 5.00 lakh
38International Management InstituteBhubaneshwarNARs. 6.91 lakh
39VIT Business SchoolChennaiNARs. 6.05 lakh
40IILM Institute of Business and ManagementGurgaonNARs. 4.50 lakh
41Doon Business SchoolDehradunNARs. 4.80 lakh
42Lala Lajpatrai Institute of ManagementMumbaiNARs. 4.50 lakh
43ITM Business SchoolBangaloreNARs. 5.37 lakh
44IBS Business SchoolAhmedabadNARs. 5.95 lakh
45ITM Business SchoolChennaiNARs. 5.30 lakh
46VelTech UniversityChennaiNARs. 3.00 lakh
47International School of Management ExcellenceBangaloreNARs. 4.70 lakh
48K.J. Somaiya Institute of Management and ResearchMumbaiNARs. 9.50 lakh
49MIT School of Telecom ManagementPuneNARs. 5.50 lakh
50Indus Business SchoolGurgaonNARs. 4.50 lakh

Please note that the above list is based on reports from different sources. Colleges have been listed in no particular order.

Also Read: Trending GD Topics to Boost Your Preparation for the Top B-Schools in India

Two-year MBA Colleges Accepting GMAT Score for Indian Students

B-Schools accepting GMAT scores in India for Indian students offering full-time 2 Year MBA Programs in India include:

  • SPJIMR Mumbai

  • IMT Ghaziabad

  • IMI Delhi

  • Xavier University Bhubaneswar

  • Great Lakes Institute of Management Chennai

  • T A Pai Management Institute (TAPMI) Manipal

  • KJ Somaiya Institute of Management Studies & Research (Mumbai)

  • Goa Institute of Management (GIM) Goa

  • FORE School of Management (New Delhi)

  • Lal Bahadur Shastri Institute of Management (Delhi)

  • BIMTECH (Greater Noida)

  • MICA Ahmedabad

  • IFIM Business School (Bangalore)

  • SOIL - School of Business Design (Gurgaon)

B-Schools accepting GMAT scores offering Executive MBA Programs in India

The top 10 one-year MBA colleges accepting GMAT along with the program name and duration for the one-year MBA programs have been tabulated below:

One Year MBA college accepting GMAT Score

One Year MBA Program Name

Program Duration

ISB Hyderabad and Mohali

Post Graduate Programme in Management (PGP)

12 months full time program

IIM Ahmedabad

PGPX-Post Graduate Programme in Management for Executives (PGPX)

12 Months Full Time MBA

IIM Bangalore

Executive Post Graduate Programme (EPGP)

12 Months Full Time MBA

IIM Calcutta

MBA for Executives (MBAEx)

12 months full time program

XLRI Jamshedpur

PGDM (General Management)

15 Months Full Time Program

SPJIMR, Mumbai

PGPM

15 Months Full Time Program

IIM Indore

EPGP

12 Months Full Time Program

Great Lakes Institute of Management Chennai

PGPM

15 Months Full Time Program

MDI Gurgaon

National Management Programme (NMP)

15 Months Full Time Program

K J Somaiya Institute of Management Studies & Research, Mumbai

PGDM-Executive

15 Months Full Time Program

ROI from top MBA programs in India you can apply to with GMAT scores

The top MBA programs, the eligibility criteria, and the ROI of the MBA programs offered by some of the most eminent B-Schools in India have been mentioned below:

Indian School of Business (ISB) – Hyderabad and Mohali

Program

PGP, YLP

GMAT Score

710

Duration

12 Months

Eligibility Criteria

  • Bachelor’s or equivalent degree
  • 2-20 years work experience
  • Valid GMAT score

Average Fees

INR 35,00,000+

Average Salary

INR 28,00,000+

Indian Institute of Management (IIM) – Ahmedabad, Bangalore, Calcutta, Lucknow, and Kozhikode

Location

GMAT Score

Program

Duration

Eligibility Criteria

Average Fees

Average Salary (in INR)

Bangalore

700+

EPGP

1 year

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • 5-12 years of work experience

27,00,000+

28,00,000+


Ahmedabad

705+

PGPX

1 year

  • Bachelor’s or equivalent degree
  • 25 + Years of age
  • Valid GMAT score
  • Minimum 4 years work experience

28,00,00+

30,35,000


Calcutta

700+

PGPEx

1 year

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • Minimum 5 years work experience

27,00,000+

26,00,000+


Indore

700+

EPGP

2 years

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • Minimum 3 years work experience

20,00,000

20,67,000 (Highest was INR 31,00,000)

Lucknow

680+

IPMX

1 year

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • Minimum 5 years work experience

23,00,000

22,00,000 (Highest was INR 52,00,000)

Management Development Institute (MDI), Gurgaon

Program

PGDM (NMP)

GMAT Score

680 - 700

Duration

15 Months

Eligibility Criteria

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • Minimum 5 years work experience

Average Fees

INR 12,80,000 - 23,58,000

Average Salary

INR 19,00,000

Xavier Labour Relations Institute (XLRI), Jamshedpur

Program

Executive PGDM

GMAT Score

700 (can be 650+ also depending on the number of candidates applying)

Duration

12 Months

Eligibility Criteria

  • Bachelor’s or equivalent degree
  • Valid GMAT score
  • Minimum 5 years work experience

Average Fees

INR 20,00,000

Avg. Placement of top 50% of the batch

INR 20,00,000

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

Program

MBA

GMAT Score

600+

Duration

2 years

Eligibility Criteria

  • Bachelor's Degree (in 10+2+3/4 format) in any discipline from a recognized University with a minimum of 50% marks in the aggregate.
  • Valid GMAT score
  • Preference will be given if you have two and more years of post-qualification work experience.

Average Fees

INR 21,90,000

Average Salary

INR 29,90,000

SP Jain Institute of Management and Research, Mumbai

Program

MBA (2 years), PGDM (2 years), PGPM (1 year)

GMAT Score

680+ (and 650 for PGPM)

Duration

2 years/1 year

Eligibility Criteria

  • Graduates from any stream (minimum 3 year degree) can apply as long as they get a minimum of 60%. 
  • Candidates need to have a minimum 550 in the GMAT exam.

Average Fees

INR 17,50,000 (PGDM)

Average Salary

INR 26,00,000+ (PGDM)

Indian Institute of Foreign Trade, Delhi

Program

MBA

GMAT Score

650+

Duration

2 years

Eligibility Criteria

  • Graduates from any stream (minimum 3 year degree) can apply as long as they get a minimum of 50%. 
  • Managerial work experience of minimum 5 years is preferable for an Executive MBA.

Average Fees

INR 18,25,000

Average Salary

INR 25,16,000

IMT, Ghaziabad

Program

PGDM, PGDM-Ex

GMAT Score

650+

Duration

15 months

Eligibility Criteria

Candidates must have a minimum three-year Bachelor's degree or equivalent with minimum 50% aggregate marks in any discipline

Average Fees

INR 19,00,000+ for PGDM (15 Lakhs for PGDM Ex)

Average Salary

INR 14,00,000+

Indian B-schools that Require a GMAT 700+ Score

Let us look at the Indian B-schools of which the average GMAT scores are higher than 700:

  • Indian School of Business (ISB)

  • Indian Institute of Management, Bangalore (IIM-B)

  • Indian Institute of Management, Lucknow (IIM-L)

  • Indian Institute of Management, Ahmedabad (IIM-A)

Indian B-schools that Require a GMAT Score of Less than 650

Let us look at the Indian B-schools of which the average GMAT scores are less than 650:

  • Indian Institute of Management, Rohtak

  • Great Lakes Institute of Management

  • Indian Institute of Management, Kozhikode (IIM-K)

  • Indian Institute of Management, Indore (IIM-I)

  • Narsee Monjee Institute of Management Studies

The average GMAT scores at IIM, Calcutta, XLRI, MDI, and SP Jain are 690, 686, 660, and 660, respectively.

Advantages of Taking GMAT

The GMAT exam has been designed for business schools by business schools to specifically assess if the candidates possess the skills most relevant to succeed in a graduate management business program. The GMAT exam shows business schools that the candidates are serious about earning a graduate business degree by demonstrating their commitment and readiness to tackle the rigors of a graduate business program. Also, unlike the CAT score that is valid for a year, the GMAT score is valid for five years. Candidates can take the GMAT exam any year and apply to their desired B-schools in a couple of years. Choosing the GMAT exam depends on a number of factors like:

  • Career Goals
  • Choice of Program
  • Location Preference
  • Investment vs Return

Career Prospects after Graduating from the Top B-Schools Accepting GMAT Scores: Job Profiles and Salary

After completing MBA, many graduates become eligible to seek employment in a diverse number of sectors such as finance, management, human resource, pharmacy, IT, business analytics, marketing, agriculture, hotel management, etc. Some specific job profiles that students become eligible for after studying at the top b-schools in India accepting GMAT scores have been mentioned below:

Project Manager

Relationship Manager

Business Analyst

Financial Analyst

Regional Sales Manager

Accounts Manager

Executive Assistant

Investment Banker

Marketing Specialist

HR Manager

Business Development Manager

Senior Sales Executive 

Top Companies for MBA Graduates from the Top B-Schools Accepting GMAT Scores

The top MNCs and world-established companies that visit the placement drive to recruit MBA graduates from the top-b schools in India accepting GMAT scores are as follows:

Deloitte

Amazon

Google

Goldman Sachs

Boston Consulting Group (BCG)

Bain & Company

JP Morgan Chase

McKinsey & Company

Ernst and Young

Gartner

GEP Solutions

ICICI Bank

Infosys

Yes Bank

Accenture

Microsoft

Flipkart

Nykaa

CollegeDekho wishes you all the best for the current MBA admission season. Please reach out to us in case you have any admission/college-related queries.

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