Top MBA Colleges Accepting GMAT Score Based on 2024 Ranking

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Sushil Pandey

Senior Content Specialist

The top MBA colleges in India that accept GMAT scores for their flagship MBA/PGPM courses are IIM Kozhikode, IIM Udaipur, XLRI Jamshedpur, SPJIMR Mumbai, and IMT Ghaziabad. 

  • The GMAT exam takes place all year round. If you want to take the exam online, you can select the exam date at your convenience. But if you want to take it at an exam center, it is advised to register 2-3 months prior because the slots run out very quickly. Check GMAT Online Registration; GMAT 2024 Exam Slots in India 
  • The government MBA colleges in India that accept GMAT scores are IIM Kozhikode, IIM Udaipur, National Institute of Bank Management Pune, NTPC School of Business Noida, Indian Institute of Engineering Science and Technology Shibpur, National Institute of Technology [NIT] Surathkal, and National Institute of Technology [NIT] Srinagar.
  • The top private MBA colleges in India accepting GMAT scores are XLRI Jamshedpur, SPJIMR Mumbai, IMT Ghaziabad, TAPMI Manipal, and MICA Ahmedabad. 
  • Top B-Schools in India accepting GMAT are IIM Kozhikode, IIM Udaipur, XLRI Jamshedpur, SPJIMR Mumbai, and IMT Ghaziabad. Check GMAC Prep Guide
  • IIM Kozhikode accepts GMAT for its PGP in Business Leadership and PGP in Finance Management programs. IIM Udaipur accepts GMAT scores for its 1-year MBA in Digital Enterprise Management and 1-year MBA in Global Supply Chain Management. 
  • XLRI Jamshedpur accepts GMAT scores for admission to its PGDM in Business Management and PGDM in General Management, along with a 5-year work experience.
  • The total fees of top GMAT-accepting colleges range from INR 10.03 lakhs to INR 24.20 lakhs. 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
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 2024

The following table shows the top MBA colleges in India accepting GMAT scores according to the National Institutional Ranking Framework 2024. 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 considers 5 parameters when assigning ranks to various Indian institutions. Given below are these parameters, along with their respective weightages:

  1. Teaching, Learning & Resources- 30%
  2. Research and Professional Practice- 30%
  3. Graduation Outcome- 20%
  4. Outreach and Inclusivity- 10%
  5. Peer Perception- 10%

Below is the list of top MBA colleges in India accepting GMAT scores, per NIRF ranking 2024.

NIRF Ranking 2024 College Name NIRF Score
3 IIM Kozhikode 77.90
9 XLRI Jamshedpur 68.13
20 SPJIMR Mumbai 60.97
22 IIM Udaipur 60.93
32 MICA, Ahmedabad 56.62
34 Great Lakes Institute of Management, Chennai 56.15
35 IMT Ghaziabad 56.03
40 IMI, New Delhi 54.89
53 Fore School of Management, New Delhi 51.08
58 TAPMI, Manipal 50.78

Government MBA Colleges in India Accepting GMAT Score

Government MBA colleges offer good placement opportunities and good infrastructure. Below are the top government MBA colleges accepting GMAT scores with the latest cut-off percentile.

College Name Cut-Off (Score/Percentile)
IIM Kozhikode -
IIM Udaipur -
National Institute of Bank Management - [NIBM], Pune 89 (Open Category)
NTPC School of Business - [NSB], Noida -
Indian Institute of Engineering Science and Technology - [IIEST] Shibpur, Howrah -
National Institute of Technology - [NITK], Surathkal -
National Institute of Technology - [NIT], Srinagar -

Check Top Government MBA Colleges in India

Private MBA Colleges in India Accepting GMAT Score

The 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 with the latest/expected cut-offs.

Colleges Cut-Off (Score/Percentile)
XLRI Jamshedpur

710-730 

SPJIMR Mumbai  85
IMT Ghaziabad -
TAPMI, Manipal 600-630
MICA, Ahmedabad 80
Great Lakes Institute of Management, Chennai 600
International Management Institute (IMI), New Delhi -
FORE Institute of Management, New Delhi 600-650

Top MBA Colleges in India Accepting GMAT Score: Fees Structure

The fee structure of top MBA colleges accepting GMAT scores is as follows.

Colleges Total Fees
IIM Kozhikode INR 20.50- 22.50 lakhs
IIM Udaipur INR 22.75 lakhs
XLRI Jamshedpur INR 14.30- 24.20 lakhs
SPJIMR Mumbai INR 22.50- 24.00 lakhs
IMT Ghaziabad INR 10.03- 21.53 lakhs 
TAPMI, Manipal INR 16.40- 17.74 lakhs
MICA, Ahmedabad INR 23 lakhs
Great Lakes Institute of Management, Chennai INR 14.77- 17.95 lakhs
IMI, New Delhi INR 20.95 lakhs
FORE School of Management, New Delhi INR 18.28 lakhs

Check the top MBA colleges in India with Fee structures

Top MBA Colleges in India Accepting GMAT Score: Admission Process 2024

After the Graduate Management Admission Test (GMAT) entrance examination, students must follow these steps for admission into their desired MBA college.

  • The participating institutes mention their GMAT cut-offs after the declaration of the GMAT results. Students must check the cut-off percentile or marks through a college's official website.
  • Students who pass the eligibility and cutoff criteria 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 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 scores 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 scores with their seat intake.

MBA Colleges in Mumbai Accepting GMAT score Seat Intake
SP Jain Institute of Management and Research - [SPJIMR], Mumbai 600
Prin. L. N. Welingkar Institute of Management Development & Research - [WeSchool], Mumbai 16,250
KJ Somaiya, Mumbai 660
SIES School of Business Studies - [SIES SBS], Mumbai 210
ICFAI Business School - [IBS], Mumbai -
BSE Institute Limited - [BIL], Mumbai 300
Somaiya Vidyavihar University, Mumbai 660
MET Institute of Post Graduate Diploma in Management, Mumbai 180
SASMIRA's Business School, Mumbai 180
MKES Institute of Management Studies and Research, Mumbai 60

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 2024. 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

Here is the average package offered at top MBA colleges in India accepting GMAT scores:

Colleges Average Package
IIM Kozhikode INR 28.05 LPA
IIM Udaipur INR 21.67 LPA-INR 22.37 LPA
XLRI Jamshedpur INR 29.89 LPA
SPJIMR Mumbai INR 33 LPA
IMT Ghaziabad INR 17.35 LPA
TAPMI, Manipal INR 13.84 LPA
MICA Ahmedabad INR 20.09 LPA
Great Lakes Institute of Management, Chennai INR 15.1 LPA
IMI New Delhi INR 16.71 LPA
FORE School of Management, New Delhi INR 16.01 LPA

Learn More:

FAQs

Ques. Which MBA colleges accept GMAT scores?

Ans. IIM Kozhikode, IIM Udaipur, XLRI Jamshedpur, SPJIMR Mumbai, and IMT Ghaziabad are the top MBA colleges in India that accept GMAT scores. 

Ques. Do IIMs accept GMAT scores?

Ans. IIM Kozhikode accepts GMAT for its PGP in Business Leadership and PGP in Finance Management programs. IIM Udaipur accepts GMAT scores for its 1-year MBA in Digital Enterprise Management and 1-year MBA in Global Supply Chain Management. Seven IIMs accept GMAT scores for their 1-year postgraduate programs.

Ques. What is the best GMAT score for an MBA?

Ans. 650 and above is the best score in GMAT for an MBA.

Ques. Which colleges accept a 650 GMAT score?

Ans. SPJIMR Mumbai, KJ Somaiya Mumbai, GIM North Goa, and ISME Bangalore are some of the top colleges that accept a 650 GMAT score.

Ques. Is GMAT more difficult than CAT?

Ans. No, GMAT is quite easier as compared to 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 IIMs?

Ans. One must score 600 or above to get admission at IIMs.

Ques. How many years is the GMAT score valid?

Ans. The GMAT score is valid for 5 years. 

Ques. How many GMAT attempts can one take in a year?

Ans. One can take 5 GMAT attempts in a year.

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Found 118 colleges

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CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa2

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
#3th/275 in India 2024
agency logoagency logoagency logo+ 5 More
Aa2

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
#7th/275 in India 2024
agency logoagency logoagency logo+ 4 More
Aa3

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
Aa5

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
#13th/200 in India 2025
agency logoagency logoagency logo+ 5 More
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa5

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
#10th/200 in India 2025
agency logoagency logoagency logo+ 3 More
Aa5
7,00,000MBA/PGDM- 1st Year Fees₹ 12,88,000Average Package₹ 40,00,000Highest Package 3.9 / 5 Based on 177 User
Reviews
Best in Academics
#17th/200 in India 2025
agency logoagency logoagency logo+ 5 More
Aa5

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
#31th/275 in India 2024
agency logoagency logoagency logo+ 3 More
Aa5

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
#14th/200 in India 2025
agency logoagency logoagency logo+ 4 More
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa5

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
Aa5

Institute of Management, Nirma University, Ahmedabad

Ahmedabad, Gujarat |AICTE, NBA Approved
6,64,800MBA/PGDM- 1st Year FeesCompare Fees₹ 11,22,000Average Package₹ 70,00,000Highest PackageCompare Placement 4.2 / 5 Based on 45 User
Reviews
Best in Infrastructure
#17th/110 in India 2024
agency logoagency logoagency logo+ 3 More
Aa5

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
#21th/100 in India 2024
agency logoagency logoagency logo+ 1 More
Aa5

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
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa5

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
#29th/100 in India 2024
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Aa6

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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Aa6

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
#23th/200 in India 2025
agency logoagency logoagency logo+ 4 More
Ba1

MIT World Peace University - [MIT-WPU], Pune

Pune, Maharashtra |PCI, BCI, UGC Approved
4,55,000MBA/PGDM- 1st Year FeesCompare Fees₹ 7,00,000Average Package₹ 51,36,000Highest PackageCompare Placement 3.9 / 5 Based on 801 User
Reviews
Best in Infrastructure
#89th/200 in India 2025
agency logoagency logoagency logo+ 6 More
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba2

Christ University, Bangalore

Bangalore, Karnataka |UGC, NBA Approved
4,70,000MBA/PGDM- 1st Year FeesCompare Fees₹ 20,00,000Highest PackageCompare Placement 4.1 / 5 Based on 677 User
Reviews
Best in Infrastructure
#59th/275 in India 2024
agency logoagency logoagency logo+ 5 More
Ba2

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
#45th/200 in India 2025
agency logoagency logoagency logo+ 3 More
Ba2

KIIT School of Management - [KSOM], Bhubaneswar

Bhubaneswar, Odisha |AICTE, NBA Approved
17,90,000MBA/PGDM- total fees₹ 9,00,000Average Package₹ 19,00,000Highest Package 4.3 / 5 Based on 124 User
Reviews
Best in Infrastructure
#47th/110 in India 2024
agency logoagency logoagency logo+ 3 More
Ba2
2,46,000MBA/PGDM- 1st Year Fees-- 3.8 / 5 Based on 17 User
Reviews
Best in Social Life
#36th/100 in India 2024
agency logoagency logoagency logoMore
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba3

Administrative Staff College of India - [ASCI], Hyderabad

Hyderabad, Telangana |AICTE Approved
2,00,000MBA/PGDM- 1st Year Fees₹ 11,00,000Highest Package 4.4 / 5 Based on 23 User
Reviews
Best in Academics
#293th/608 in India 2023
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Ba3

Sona School of Management, Salem

Salem, Tamil Nadu |AICTE, NBA Approved
10,00,000MBA/PGDM- total fees₹ 20,00,000Highest Package 4 / 5 Based on 21 User
Reviews
Best in Infrastructure
#56th/200 in India 2025
agency logoagency logoagency logo+ 1 More
Ba4

ICFAI Business School - [IBS], Dehradun

Dehradun, Uttarakhand |AICTE, UGC, AIU Approved
7,02,000MBA/PGDM- total feesCompare Fees₹ 6,53,000Average Package₹ 36,76,000Highest PackageCompare Placement 4.4 / 5 Based on 43 User
Reviews
Best in Faculty
#128th/275 in India 2024
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Ba5

Central University of Rajasthan - [CURAJ], Ajmer

Ajmer, Rajasthan |AICTE Approved
40,050MBA/PGDM- 1st Year Fees-- 3.6 / 5 Based on 133 User
Reviews
Best in Academics
#465th/608 in India 2023
agency logoagency logoagency logo+ 2 More
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Ba6

Delhi School of Business - VIPS Technical Campus, New Delhi

New Delhi, Delhi NCR |AICTE, NBA, AIU Approved
5,23,000MBA/PGDM- 1st Year Fees₹ 9,00,000Average Package₹ 22,30,000Highest Package 4.2 / 5 Based on 11 User
Reviews
Best in Infrastructure
#72th/200 in India 2025
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Ba6

Siddaganga Institute of Technology - [SIT], Tumkur

Tumkur, Karnataka |AICTE, NBA Approved
1,27,810MBA/PGDM- total feesCompare Fees₹ 8,00,000Average Package₹ 34,00,000Highest Package56% PlacementCompare Placement 3.9 / 5 Based on 154 User
Reviews
Best in Placements
#555th/608 in India 2023
agency logoagency logoagency logo+ 6 More