Top MBA Colleges Accepting GMAT Score Based on 2024 Ranking

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Sushil Pandey

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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

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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.

State
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Entrance/Exam Accepted
Avg Fee Per Year
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Gender Accepted
Found 138 colleges
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#1

SP Jain [SPJIMR], Mumbai

Mumbai, Maharashtra |AICTE, NBA, AACSB, AMBA Approved
22,50,000MBA/PGDM- Total FeesCompare Fees₹ 33,00,000Average Package₹ 81,00,000Highest PackageCompare Placement
4.2 / 5
Based on 43 User
Reviews
Best in Placements
#16th/50 in India 2019
agency logoagency logoagency logo+ 5 More
#2

IIFT Delhi Indian Institute of Foreign Trade, New Delhi

New Delhi, Delhi NCR |AACSB Approved
33,77,314MBA/PGDM- Total FeesCompare Fees₹ 29,10,000Average Package₹ 85,40,000Highest PackageCompare Placement
4.3 / 5
Based on 141 User
Reviews
Best in Faculty
#31th/50 in India 2019
agency logoagency logoagency logo+ 4 More
#3

MDI Gurgaon, Gurgaon

Gurgaon, Haryana |AICTE, NBA, AACSB, AMBA Approved
41,800M.Phil/Ph.D in Management- Total FeesCompare Fees₹ 25,50,000Average Package₹ 63,30,000Highest PackageCompare Placement
4.2 / 5
Based on 158 User
Reviews
Best in Faculty
#6th/100 in India 2020
agency logoagency logoagency logo+ 6 More
#4

ISB Hyderabad Indian School of Business, Hyderabad

Hyderabad, Telangana |AACSB, AMBA Approved
39,26,000MBA/PGDM- Total FeesCompare Fees₹ 33,25,000Average Package₹ 66,00,000Highest PackageCompare Placement
4.6 / 5
Based on 39 User
Reviews
Best in Faculty
#31th/100 in India 2024
agency logoagency logoagency logo+ 3 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#5

Indian Institute of Management - [IIMU], Udaipur

Udaipur, Rajasthan |AACSB Approved
22,75,000MBA/PGDM- Total FeesCompare Fees₹ 18,80,000Average Package₹ 47,00,000Highest PackageCompare Placement
4.3 / 5
Based on 55 User
Reviews
Best in Faculty
#3th/100 in India 2020
agency logoagency logoagency logo+ 6 More
#6

XIMB, Bhubaneswar

Bhubaneswar, Odisha |CRISIL, NBA Approved
21,50,000MBA/PGDM- Total FeesCompare Fees₹ 19,53,000Average Package₹ 30,00,000Highest PackageCompare Placement
4.1 / 5
Based on 82 User
Reviews
Best in Social Life
#1th/52 in India 2025
agency logoagency logoagency logo+ 4 More
#7

IMI - International Management Institute, New Delhi

New Delhi, Delhi NCR |AICTE, NBA, AACSB, AMBA Approved
13,80,000Executive MBA- Total FeesCompare Fees₹ 16,71,000Average Package₹ 70,95,000Highest PackageCompare Placement
4.1 / 5
Based on 174 User
Reviews
Best in Academics
#27th/50 in India 2019
agency logoagency logoagency logo+ 5 More
#8

Goa Institute of Management - [GIM], North Goa

North Goa, Goa |AICTE, NBA, AIU, AACSB, AMBA Approved
20,40,000MBA/PGDM- Total FeesCompare Fees₹ 14,09,000Average Package₹ 55,00,000Highest PackageCompare Placement
4.3 / 5
Based on 76 User
Reviews
Best in Social Life
#38th/100 in India 2020
agency logoagency logoagency logo+ 5 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#9

KJ Somaiya Institute of Management, Mumbai

Mumbai, Maharashtra |UGC, AACSB Approved
10,07,402MBA/PGDM- 1st Year FeesCompare Fees₹ 28,25,000Highest PackageCompare Placement
4 / 5
Based on 132 User
Reviews
Best in Infrastructure
#5th/100 in India 2020
agency logoagency logoagency logo+ 3 More
#10
3,40,000MMS- 1st Year Fees₹ 12,88,000Average Package₹ 40,00,000Highest Package
3.9 / 5
Based on 177 User
Reviews
Best in Academics
#10th/10 in India 2025
agency logoagency logoagency logo+ 5 More
#11

Birla Institute of Management Technology - [BIMTECH], Greater Noida

Greater Noida, Uttar Pradesh |AICTE, NBA, AACSB Approved
14,00,000MBA/PGDM- Total FeesCompare Fees₹ 11,10,000Average Package₹ 24,43,000Highest PackageCompare Placement
3.8 / 5
Based on 217 User
Reviews
Best in Infrastructure
#6th/50 in India 2020
agency logoagency logoagency logo+ 3 More
#12

LBSIM- Lal Bahadur Shastri Institute of Management, New Delhi

New Delhi, Delhi NCR |AICTE, NBA, AACSB Approved
16,50,000MBA/PGDM- Total FeesCompare Fees₹ 12,24,000Average Package₹ 16,67,000Highest PackageCompare Placement
3.9 / 5
Based on 106 User
Reviews
Best in Social Life
#7th/80 in India 2021
agency logoagency logoagency logo+ 4 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#13

Woxsen School of Business - [WSB], Hyderabad

Hyderabad, Telangana |NBA, AACSB, AMBA Approved
7,70,000MBA/PGDM- 1st Year FeesCompare Fees₹ 9,04,000Average Package₹ 19,00,000Highest PackageCompare Placement
4.2 / 5
Based on 101 User
Reviews
Best in Faculty
#12th/110 in India 2024
agency logoagency logoagency logo+ 2 More
#14

Institute of Management, Nirma University, Ahmedabad

Ahmedabad, Gujarat |AICTE, NBA Approved
3,56,000BBA/BMS- 1st Year FeesCompare Fees₹ 11,22,000Average Package₹ 70,00,000Highest PackageCompare Placement
4.2 / 5
Based on 45 User
Reviews
Best in Infrastructure
#16th/100 in India 2020
agency logoagency logoagency logo+ 3 More
#15

SIES School of Business Studies - [SIES SBS], Mumbai

Mumbai, Maharashtra |AICTE Approved
8,00,000MBA/PGDM- Total FeesCompare Fees₹ 9,10,000Average Package₹ 24,00,000Highest PackageCompare Placement
3.7 / 5
Based on 36 User
Reviews
Best in Academics
#13th/80 in India 2021
agency logoagency logoagency logo+ 1 More
#16
2,52,000BA/BBA LLB- 1st Year FeesCompare Fees₹ 14,00,000Highest PackageCompare Placement
4.2 / 5
Based on 15 User
Reviews
Best in Faculty
#2th/39 in India 2024
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#17

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

Bangalore, Karnataka |AICTE Approved
7,04,000MBA/PGDM- 1st Year FeesCompare Fees₹ 11,11,000Average Package₹ 17,63,000Highest PackageCompare Placement
4 / 5
Based on 22 User
Reviews
Best in Academics
#49th/275 in India 2024
agency logoagency logoagency logo+ 2 More
#18

Indian Institute of Forest Management - [IIFM], Bhopal

Bhopal, Madhya Pradesh |AICTE, AACSB Approved
7,38,000PG Diploma in Management- 1st Year Fees₹ 18,50,000Highest Package
4.4 / 5
Based on 15 User
Reviews
Best in Accomodation
#43th/46 in India 2024
agency logoagency logoagency logo+ 3 More
#19

Praxis Business School, Kolkata

Kolkata, West Bengal |AICTE Approved
9,81,000MBA/PGDM- Total Fees₹ 9,08,000Average Package₹ 17,60,000Highest Package
4.3 / 5
Based on 32 User
Reviews
Best in Academics
#23th/80 in India 2021
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#20

Fostiima Business School, New Delhi

New Delhi, Delhi NCR |AICTE Approved
9,50,000MBA/PGDM- Total FeesCompare Fees₹ 10,76,000Average Package₹ 25,00,000Highest PackageCompare Placement
3.9 / 5
Based on 101 User
Reviews
Best in Faculty
#167th/200 in India 2025
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CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#21

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

Mumbai, Maharashtra |AICTE, NBA, AIU, AACSB Approved
8,10,000MBA/PGDM- 1st Year Fees₹ 9,85,000Average Package₹ 25,50,000Highest Package
4.1 / 5
Based on 36 User
Reviews
Best in Infrastructure
#14th/80 in India 2021
agency logoagency logoagency logo+ 4 More
#22

Acharya NG Ranga Agricultural University - [ANGRAU], Guntur

Guntur, Andhra Pradesh |ICAR, UGC Approved
50,358B.Sc (Agriculture)- 1st Year Fees--
3.9 / 5
Based on 91 User
Reviews
Best in Faculty
#151th/200 in India 2024
#23

BML Munjal University - [BMU], Gurgaon

Gurgaon, Haryana |BCI, UGC Approved
7,35,500MBA/PGDM- 1st Year FeesCompare Fees₹ 8,51,000Average Package₹ 33,60,000Highest PackageCompare Placement
4.1 / 5
Based on 95 User
Reviews
Best in Infrastructure
#18th/160 in India 2024
agency logoagency logoagency logo+ 2 More
#24

NALSAR University of Law - [NALSAR], Hyderabad

Hyderabad, Telangana |BCI, UGC Approved
4,42,000BBA/BMS- Total Fees₹ 7,48,848Average Package₹ 12,00,000Highest Package
4.5 / 5
Based on 31 User
Reviews
Best in Faculty
--
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#25

Institute of Management Technology - [IMT], Hyderabad

Hyderabad, Telangana |AICTE Approved
4,00,000Executive MBA- 1st Year FeesCompare Fees₹ 13,00,000Average Package₹ 26,00,000Highest PackageCompare Placement
4.3 / 5
Based on 26 User
Reviews
Best in Infrastructure
#53th/275 in India 2024
agency logoagency logoagency logo+ 2 More
#26

IILM Institute for Higher Education, New Delhi

New Delhi, Delhi NCR |AICTE Approved
11,50,000MBA/PGDM- Total FeesCompare Fees₹ 7,50,000Average Package₹ 18,00,000Highest PackageCompare Placement
4.1 / 5
Based on 341 User
Reviews
Best in Academics
#135th/608 in India 2023
agency logoagency logoagency logo+ 2 More
#27

Punjab Agricultural University - [PAU], Ludhiana

Ludhiana, Punjab |ICAR, UGC Approved
93,040B.Sc- 1st Year FeesCompare Fees₹ 3,71,000Average Package₹ 9,00,000Highest PackageCompare Placement
4.1 / 5
Based on 43 User
Reviews
Best in Infrastructure
#80th/200 in India 2024
agency logoagency logoagency logo+ 1 More
#28

Siva Sivani Institute of Management - [SSIM], Hyderabad

Hyderabad, Telangana |AICTE, NBA, AIU Approved
6,90,000MBA/PGDM- Total FeesCompare Fees₹ 7,44,000Average Package₹ 20,50,000Highest PackageCompare Placement
3.7 / 5
Based on 26 User
Reviews
Best in Academics
#70th/100 in India 2020
agency logoagency logoagency logo+ 3 More
CD RankCollegesCourse FeesPlacementUser ReviewsRanking
#29
1,42,000BE/B.Tech- 1st Year FeesCompare Fees₹ 51,00,000Highest PackageCompare Placement
4 / 5
Based on 359 User
Reviews
Best in Social Life
#15th/27 in India 2024
agency logoagency logoagency logo+ 3 More
#30

KIIT School of Management - [KSOM], Bhubaneswar

Bhubaneswar, Odisha |AICTE, NBA Approved
4,29,000BBA/BMS- 1st Year Fees₹ 9,00,000Average Package₹ 19,00,000Highest Package
4.3 / 5
Based on 125 User
Reviews
Best in Infrastructure
#2nd/101 in India 2021
agency logoagency logoagency logo+ 3 More