Top Colleges Accepting GMAT Scores In India 2024

by Naseeb Sept. 23, 2024 5993
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Top 10 GMAT accepting colleges in World

  1. Harvard Business School (HBS) - USA
  2. Stanford Graduate School of Business - USA
  3. The Wharton School, University of Pennsylvania - USA
  4. INSEAD - France/Singapore
  5. London Business School - United Kingdom
  6. MIT Sloan School of Management - USA
  7. Columbia Business School - USA
  8. Chicago Booth School of Business - USA
  9. Kellogg School of Management, Northwestern University - USA
  10. HEC Paris - France

Top Colleges Accepting GMAT Scores in India

The Graduate Management Admission Test (GMAT) is the most widely taken MBA entrance examsglobally, and the Graduate Management Admission Council (GMAC) organises it. It’s a test known to test the analytical and critical thinking abilities of a candidate. The Graduate Management Admission Test (GMAT) is a Computer-Adaptive Test. Here List of top MBA colleges accepting GMAT scores in India & Every management aspirant hopes to achieve a high GMAT score that will allow them to apply to some of the best B-Schools worldwide. Now, we will look at some of the Top colleges accepting GMAT scores in India.

Usually, the GMAT score for these top colleges should not be more than two years old, so candidates are advised to check with the official college websites before applying to the respective colleges. First, one should be aware of the GMAT Preparation clearly.

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Also, please remember that these colleges are often ranked differently by various ranking agencies. Nevertheless, it is to be noted that they are considered to be the top institutes in India. The fee and placement details presented here are as per the currently available info on the institute websites. Candidates are advised to check the official college websites for more detailed information, and before making a decision.

List of Colleges Accepting GMAT Scores in India

1. Indian School of Business (ISB) Hyderabad

Program: PGP, YLP

GMAT Score: 710

Fees: 40+ Lakhs

Avg. Placement: 34.21+ LPA

2. IIM Ahmedabad

Program: PGPX (Post Graduate Program in Management for Executives)

GMAT Score: 705+

Fees: 33 Lakhs

Avg. Placement: 35.68+ LPA

3. IIM Bangalore

Program: EPGP (Executive Post Graduate Program)

GMAT Score: 700+

Fees: 31.05+ Lakhs

Avg. Placement: 34.33+ LPA

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4. IIM Calcutta

Program: MBAEx

GMAT Score: 700+

Fees: 31+ Lakhs

Avg. Placement: 30.90+ LPA

5. IIM Lucknow

Program: IPMX (International Program in Mgmt. for Executives)

GMAT Score: 680+

Fees: 26.25 Lakhs

Avg. Placement: 26.47 Lakhs (highest was 52 Lakhs)

6. IIM Indore

Program: EPGP (Executive Postgrad prog in Mgmt)

GMAT Score: Cutoff was 580 (however, it's safe to score 700+)

Fees: 22.11+ Lakhs

Avg. Placement: 27.8+ LPA (highest was 43.90 lakhs)

7. SPJIMR, Mumbai

Program: PGDM (2 years), PGPM (1 year)

GMAT Score: 680+ (and 650 for PGPM)

Fees: 24 Lakhs (PGDM)

Avg. Placement: 33+ LPA (PGDM)

8. XLRI, Jamshedpur

Program: PGDM (General Mgmt.)

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

Fees: 23.15 Lakhs

Avg. Placement: 29.40 Lakh 

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9. IMT, Ghaziabad

Program: PGDM, PGDM-Ex(15 months program)

GMAT Score: 690 for PGDM (for PGDMEx, a minimum GMAT score of 500+ is needed)

Fees: 21.53 Lakhs for PGDM (15 Lakhs for PGDM Ex)

Avg. Placement: 17.35 LPA for PGDM (23.07 LPA for PGP ExP)

10. Great Lakes Institute of Management, Chennai

Program: PGPM (1 Year Program), PGDM (2 Year Program)

GMAT Score: 680

Fees: 20.8 Lakhs

Avg. Placement: 15.1 for PGDM (highest around 31 Lakhs)

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Other top colleges accepting GMAT scores in India

This is not the end of the list. There are other top colleges accepting GMAT scores in India. One such college is MDI, Gurgaon, which offers various executive programs such as the National Management Program (NMP), PGDM (Business Management) which is an 18-month program, PGDM (Executive Program), etc. The Fees for the NMP Program is 15 Lakhs and its Avg. Placement 20+ LPA.

Other top B-Schools that accept the GMAT scores include KJ Somaiya, Fore School of Management (New Delhi), Lal Bahadur Shastri Institute of Management (Delhi), BIMTECH, Greater Noida, IMI Delhi, Xavier University Bhubaneshwar, TAPMI, GIM (Goa), MICA Ahmedabad, etc.

The Avg. GMAT scores for these B-Schools are usually 650+

Candidates can register for the GMAT exam on the official website mba.com

B-Schools accepting GMAT scores offering full-time two-year MBA Programs in India

B-Schools accepting GMAT scores in India for Indian students offering full-time 2 Year MBA Programs in India include SPJIMR, IMT Ghaziabad, IMI Delhi, Xavier University Bhubaneshwar, Great Lakes, TAPMI, KJ Somaiya Institute of Management Studies & Research (Mumbai), 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), etc.

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

B-Schools accepting GMAT scores offering Executive MBA Programs in India include One year MBA Program at ISB, IIMs, XLRI, SPJIMR, Great Lakes, etc.

Almost all colleges offering a 1 year MBA Program accept GMAT scores.

MBA for foreign students and NRIs in India

The foreign students and NRI students can also apply for 2 year full-time MBA Programs in India through the GMAT. Top colleges accepting GMAT scores for foreign students are All the 20 IIMs, XLRI Jamshedpur, SPJIMR, MDI, IMI, Mgmt depts of IITs, IMT Ghaziabad, etc.

Things to Check Before Applying to Indian Colleges with the GMAT

  1. Research Colleges: First, find Indian colleges that accept GMAT scores and make a list of your favorites.
  2. Register for the GMAT: Go to mba.com, the official GMAT website, to sign up for the test. Choose a date and location that works for you.
  3. Take the GMAT: After you take the exam and get your scores, you're ready to apply to colleges.
  4. Submit Applications: Visit the online application portals of the colleges you're interested in and fill out the necessary forms with your information.
  5. Track Your Application: After applying, check the college's portal to see the status of your application. Some colleges might ask you to come for an interview. Prepare by practising common interview questions.
  6. Stay Positive: Be patient while waiting for responses. A high GMAT score can improve your chances of getting into top Indian business schools, so stay hopeful and positive.

Frequently Asked Questions (FAQs)

Q1. What is the fee for GMAT 2024?

Ans. The GMAT 2024 fee is between $250 to $275, with possible extra charges for rescheduling or cancelling.

Q2. Is GMAT Focus Edition easier?

Ans. GMAT Focus Edition is comparatively not easier but is more focused. It asses specific skills and areas, providing a concentrated & specific assessment compared to the broader scope of the full GMAT exam.

Q3. Which top college accept GMAT score?

Ans. The top Indian colleges that accept GMAT scores include the Indian School of Business (ISB), Indian Institutes of Management (IIMs) for their executive programs, XLRI, SP Jain Institute of Management and Research, and Great Lakes Institute of Management.

Q4. Is the GMAT score accepted in IIM?

Ans. Yes. GMAT is accepted in IIM for many of their other & executive programs.

Q5. Is ISB Accepting GMAT Focus Editon?

Ans. Yes. ISB is considering GMAT Focus Edition Scores for admission in the 2024-25 batch. Although, admissions through the latest version will start only from Round 2.

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