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GMAT MBA Colleges In India 2025, Ranking, Fees, Placements

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Oct 24, 2025
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GMAT MBA Colleges in India 2025

Graduate Management Admission Test is a globally accepted test that permits entry into the finest MBA colleges in India. Top business schools have started accepting GMAT scores for full-time programs, full-time executive programs and international programs, to test their candidates' analytical, logical and problem-solving skills. GMAT gives students an advantage, especially for executive or one-year MBA programs. Here we list the top MBA colleges in India that accept GMAT scores. We describe the process of admission, list all the required documents, talk about the average scores of GMAT and include valuable tips about how to choose colleges based on your score, specialisation, placement opportunities and cost.

Top GMAT MBA Colleges in India Accepting GMAT

GMAT scores are accepted by several of India's top business schools, including ISB Hyderabad, SPJIMR Mumbai, XLRI Jamshedpur, and the Great Lakes Institute of Management. As per the official list, some of the IIMs also accept GMAT for their executive MBA or for the category of international applicants. Business schools use the GMAT to assess the global readiness and competitiveness of applicants and their analytical and leadership readiness. Below is a list of some well-known Indian MBA colleges that accept GMAT.

College

Program

Avg. Placement (LPA)

Min. Work Ex. Required

Work Ex. Calculation Date

IIM Ahmedabad

MBA-PGPX

₹36.41 LPA

4 Years

As on March 31, 2026

IIM Bangalore

EPGP

₹35.50 LPA

5 Years

As on March 31, 2026

ISB

PGP

₹34.21 LPA

2 Years

As on March 31, 2026

IIM Calcutta

MBAEx

₹32.68 LPA

5 Years

As on March 31, 2026

XLRI

ExPGDM

₹27.07 LPA

3 Years

As on March 31, 2026

IIM Indore

EPGP

₹27.50 LPA

5 Years

As on January 15, 2026

IIM Calcutta

PGPEX-VLM

₹26.37 LPA

4.5 Years

As on February 28, 2026

MDI Gurgaon

PGDM-BM

₹24.41 LPA

3 Years

As on March 31, 2025

IIM Shillong

PGP EX

₹24.40 LPA

5 Years

As on March 31, 2026

SPJIMR

PGPM

₹23.88 LPA

3 Years

As on December 1, 2025

IMT Ghaziabad

PGDM ExP

₹23.07 LPA

3 Years

As on September 30, 2025

IIM Udaipur

GSCM

₹22.37 LPA

3 Years

As on February 28, 2026

IIM Kozhikode

PGP-BL

₹22.50 LPA

4 Years

As on March 31, 2026

IIM Udaipur

DEM

₹21.72 LPA

3 Years

As on February 28, 2026

Great Lakes, Chennai (GLIM)

PGPM

₹17.50 LPA

2 Years

As on March 10, 2026

Great Lakes, Gurgaon (GLIM)

PGPM

₹15.30 LPA

2 Years

As on March 10, 2026

Read More: Top Colleges Accepting GMAT Scores In India 2025

How to Apply for Indian MBA Colleges through GMAT?

When applying to business schools in India via GMAT, be sure to confirm if they accept GMAT College-specific forms. Candidates should register themselves on the official GMAT website and submit their official scores to prospective colleges. Candidates' applications will include essays, recommendations, and academic-related documents. If candidates have been shortlisted, they will likely go for interviews or assessments with the colleges that have accepted them. Below are the steps to apply for indian MBA colleges through GMAT:

1. Register and take the GMAT (test-centre preferred).

2. Complete and submit the official online application.

3. Upload transcript and resume, essays, and LORs.

4. Pay the application fee and submit documents.

5. Wait for your interview shortlisting and final admission offers.

Take , GMAT Mock Test

What is the Required GMAT Score for MBA Colleges in India?

GMAT score requirements depend on the college and program. Top colleges such as ISB and IIMs consider 700-750 competitive, while mid-level colleges such as Great Lakes or IMT Ghaziabad may only accept 600-680. Academic records, job experience, and interview performance also have a large influence.

Average GMAT Score Information:

  • ISB Hyderabad - 710 (average)
  • IIM Bangalore EPGP - 695-750
  • SPJIMR - 650+
  • XLRI - 660-720

Note: Please note that the score mentioned above is for GMAT (classic). If you have not taken the GMAT yet then you will be taking the GMAT Focus edition. The marking scheme for GMAT FE has changed with respect to the older GMAT exam. So, to get into the top B schools in India, the marks required will be in the range of 655-675.

Read More: GMAT Syllabus 2025, Exam Pattern, Section-Wise Syllabus PDF

Required Documents for GMAT-Based MBA Admissions

Most Indian MBA colleges expect a hard copy of the GMAT score, along with candidates' transcripts, degree certificates, CVs, SOPs, LORs, and ID proof. Some may request documentation of income for their scholarship. Check the college's official website for the specific documents required for the application. Below are the required documents for GMAT-based MBA admissions:

  • Valid GMAT score report (specifically submitted from GMAC)
  • 10th, 12th grade, and graduation mark sheets
  • Proof of work experience (offer/relieving letter(s))
  • Current Resume/CV and SOP
  • Passport or government-issued identification proof
  • Two letters of recommendation (generally)
  • Financial material if requested.

Tips to Choose the Best MBA College Based on Your GMAT Score

Selecting the appropriate business school largely depends on the candidate's GMAT score, timeline, and budget. Based on average GMAT cutoffs, classify schools into dream, target, and safe categories, also taking placements, alumni network, and specialisations into consideration. If candidates have a higher GMAT FE score of around 650+, then they may qualify for the top business schools, such as ISB or SPJIMR, whereas 620+ GMAT scores better suit ROI-focused schools, such as Great Lakes or IMT. Before deciding on schools or finalising applications, always check placement and eligibility on official websites.

Read More: GMAT Exam Pattern 2025, Section-wise Marking Scheme

Low-Cost MBA Colleges Accepting GMAT Score in India

Although elite business schools typically have a high fee structure, some well-known business schools offer an affordable fee structure with a GMAT score requirement. As per sources, GIM Goa , IMT Ghaziabad, MDI Gurgaon and TAPMI Manipal provide a good level of education with great industry links and placements. The table below contains low-cost MBA colleges accepting GMAT scores in India:

College

Approx. Fees (INR)

GMAT FE Range

GIM Goa

17-19 Lakhs

625+

IMT Ghaziabad

19 Lakhs

625+

MDI Gurgaon

24 Lakhs

645+

TAPMI Manipal

17 Lakhs

625+

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