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    Top Colleges in India Accepting NMAT

    Master of Business Administration (MBA) is a two-year post-graduate degree program. Students from various educational backgrounds, opt to pursue an MBA to further their careers in the field of management. Some of the most sought-after top MBA specializations in India are human resource management, international business, business analytics, marketing, finance, and several others.

    To secure admission to leading MBA colleges in India, candidates must qualify for any of the acceptable entrance exams with the required marks. NMAT is one of the most popular entrance exams in India. Best colleges in India accepting NMAT scores include the likes of School of Business, UPES Dehradun, SPJIMR, Mumbai, SVKM NMIMS Mumbai, and several others.

    Also, read

    Best MBA Colleges in India Accepting NMAT - Eligibility Criteria

    The MBA eligibility criteria may be different for each college. However, the basic MBA eligibility criteria for colleges are as follows.

    • Candidates must have completed their graduation in any discipline from a recognized university or institute.

    • Those who are pursuing their final year of graduation are also eligible to apply for MBA admission but at the time of admission, candidates will have to provide a graduation degree certificate.

    • Apart from graduation degree, candidates must have a valid scorecard of CMAT/CAT/XAT, etc.

    • The score of the given MBA entrance exam should meet the minimum cutoff required for admission.

    Free tools for personalized MBA college recommendations

    Use these free tools to get a list of colleges where you can apply for MBA admission based on your entrance exam score. 

    Best MBA Colleges in India accepting other major MBA Entrance Exams

    • CAT (Common Admission Test) - The Indian Institute of Management (IIMs) annually conducts the CAT entrance exam on a rotational basis to offer admission into MBA/ PGDM courses in IIMs and other B-schools in India.

    • XAT (Xavier Aptitude Test) - XLRI Jamshedpur annually conducts the XAT entrance exam which scorecard is accepted by XLRI and more than 150 MBA colleges in India.

    • CMAT (Common Management Admission Test) - CMAT is also a National Level MBA entrance exam conducted by NTA. The exam consists of five sections- Logical Reasoning, Quantitative Technique, Language Comprehension, General Awareness, and Innovation and Entrepreneurship.

    List of Best MBA colleges in India accepting NMAT (NIRF Ranking)

    In the year 2015, the Honorable Minister of Human Resources Development (MHRD) put forth NIRF (National Institutional Ranking Framework), an initiative by the Government of India's education department to rank the institutions based on the student capacity, research records, Graduation results, NRI and Non-NRI student strength, and academic perception. Below given are the top-ranked MBA colleges in India accepting NMAT based on their NIRF ranking criteria.

    Name of the College

    NIRF Ranking

    SPJIMR, Mumbai

    19

    SVKM’s Narsee Monjee Institute of Management Studies

    22

    BML Munjal University, Gurgaon

    41

    Alliance University, Bangalore

    60

    Amity University, Noida

    29

    GIM- Goa Institute of Management

    35

    Thapar Institute of Engineering and Technology, Punjab

    42

    IIHMR, Jaipur

    73

    List of Best MBA colleges in India accepting NMAT (Careers360 Ranking)

    Students preparing for NMAT entrance exams who wish to apply for post-graduate MBA programs often need guidance regarding the list of MBA colleges in India accepting NMAT. Careers360 is an educational platform with an excellent team of career guidance experts who regularly update the portal with information like admission procedures, eligibility criteria, entrance exam dates, and many more. As per the latest Careers360 ranking results, the list of MBA colleges in India accepting NMAT is categorized as follows:

    Name of the College

    Careers360 Ranking

    SPJIMR, Mumbai

    18

    SVKM’s Narsee Monjee Institute of Management Studies

    29

    GIM, Goa

    33

    IFMR Graduate School Of Business

    49

    SDMIMD Mysore

    56

    Amity University, Noida

    53

    LM Thapar School of Management

    55

    School of Petroleum Management, Pandit Deendayal Energy University

    83

    IIHMR University, Jaipur

    84

    School of UPES, Dehradun

    67

    MBA admission procedures for Best colleges in India accepting NMAT

    Some of the common steps involved in the admission procedures of the best MBA colleges in India accepting NMAT are as follows: -

    1. Download the necessary registration forms for NMAT from the official website

    1. Acquire one of the top ranks in NMAT entrance exams

    1. Once a valid score is obtained in NMAT, apply to the desired MBA college, fill out the relevant forms, and submit the required documents, along with the photographs.

    1. Students can pay the registration fees through any online mode like credit/debit/ Paytm/ net banking; they can opt for the conventional offline method of DD based on the college’s instructions.

    1. Candidates can check out the latest updates through the college website, using the login credentials provided to them at the time of registration.

    To avail furthermore details regarding the Best MBA colleges in India accepting NMAT, click on the links below:

    Best MBA colleges in India accepting NMAT: Fees-wise

    Fees is another important factor that the students consider while shortlisting the best MBA colleges for their higher education. An overview of the annual fee structures of some of the Popular MBA colleges in India accepting NMAT is given below:-

    Name of the college

    Approx. fees per year

    SPJIMR, Mumbai

    Rs. 19.00 lakhs

    SVKM’s Narsee Monjee Institute of Management Studies

    Rs. 20.84 lakhs

    Amity University, Noida

    Rs. 14.12 lakhs

    GIM- Goa

    Rs. 18.07 lakhs

    IFMR, Andhra Pradesh

    Rs.13.86 lakhs

    LM Thapar School of Management, Punjab

    Rs. 9.41 lakhs

    IIHRMR, Jaipur

    Rs. 9.60 lakhs

    Myra School of Business, Mysore

    Rs. 10.00 lakhs

    School Of Petroleum Management, Pandit Deendayal Energy University, Gandhinagar

    Rs. 8.20 lakhs

    School of Business, University of Petroleum and Energy Studies, Dehradun

    Rs. 14.20 lakhs

    Frequently Asked Questions (FAQs)

    Q. How do MBA and PGDM differ?

    A. MBA is a post-graduate program, whereas PGDM is a post-graduate diploma program.

    Q. How much is the ideal score for NMAT, accepted in the best MBA colleges in India?

    A. A candidate must score somewhere between 230-240 to be qualified in MBA admissions for best-ranked MBA colleges in India accepting NMAT.

    Q. Which are the main specializations students can opt for while pursuing an MBA?

    A. Finance, Management, Operations, Marketing, Sales, Fashion technology, and HR are some of the most popular streams chosen by MBA students.

    Q. Is maths a requisite to apply for MBA admissions in the best MBA colleges in India accepting NMAT?

    A. No, a student from any background can apply for MBA admissions; if a student wishes to pursue an MBA in finance, proficiency in maths would be highly desirable.

    Q. Can I apply to any of the top-ranked MBA colleges in India accepting NMAT with 45% aggregate marks?

    A. The minimum aggregate marks required to apply to the Best MBA colleges in India accepting NMAT is 50% for the general category and 45% for the reserved category.

    Team Careers360

    Updated on 19 Jun 2025, 04:48 PM IST

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