MBA Colleges in India Accepting NMAT by GMAC 2022

Master of Business Administration (MBA) is a two-year post-graduate degree program in India. 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 MBA specialisations in India are human resource management, international business, business analytics, marketing, finance and several others. In order to secure admission in leading MBA colleges of India, candidates must qualify any of the acceptable entrance exams with the required marks. NMAT is one of the most popular entrance exams in India whose scores are accepted by leading institutes like School of Business, UPES Dehradun, SPJIMR, Mumbai, SVKM NMIMS Mumbai, and several others. 

Popular MBA colleges in India accepting NMAT -highlights

Student selections for MBA admissions in leading colleges are based on the entrance exams held by various authorities. Before heading to a detailed understanding of the top MBA colleges in India accepting NMAT, it would be good to have a brief idea about the strength and structure of MBA institutions in India.



Total number of MBA colleges in India accepting NMAT

83 Colleges 

Categories of MBA colleges

Private- 82

Public/Government- 1 

Affiliated by

AICTE (All India Institute of Technical Education)

UGC (University Grants Commission)

Average Fees

Rs. 8.20 lakhs - Rs 20.84 lakhs (approx)

Top MBA colleges in India accepting NMAT - Eligibility Criteria

NMIMS Management Aptitude Test (NMAT) is one of India’s widely accepted MBA exams that open a gateway to MBA aspirants authorized by GMAC. Those candidates with a minimum of 50% can appear for NMAT exams, with a four-year equivalent bachelor’s degree from any reputed institution. Unlike the other entrance exams, candidates can attempt a maximum of 3 times. Some of the common eligibility guidelines followed by the top MBA colleges in India accepting NMAT are given below: -

  • Minimum 50% aggregate marks in graduation, or a 10+2+3 pattern followed throughout, in their educational qualification. 45% marks for students from reserved categories.

  • A valid entrance score, accepted by the best MBA colleges in India accepting NMAT

  • English as a medium of study in secondary and higher secondary education

  • Students must obtain a good report card in group discussions as well as the personal interview held by the respective colleges.

Also read

List of 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, 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


SVKM’s Narsee Monjee Institute of Management Studies


BML Munjal University, Gurgaon


Alliance University, Bangalore


Amity University, Noida


GIM- Goa Institute of Management


Thapar Institute of Engineering and Technology, Punjab 


IIHMR, Jaipur


List of 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 are categorized as follows: -

MBA admission procedures for NMAT approved MBA colleges in India

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

  1. Download the necessary registration forms of 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, filling out the relevant forms, and submitting the required documents, along with the photographs.

  1. Students can pay the registration fees through any online modes 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: -

List of MBA colleges in India accepting NMAT (placement- wise)

Talented and brilliant students often anticipate a promising career after the successful completion of their MBA studies. Popular MBA colleges in India are accepting NMAT offer good recruitment opportunities to outstanding students, thereby assisting students in landing their dream jobs. Some of the top recruiters that visit the top MBA colleges in India accepting NMAT along with the average salary packages offered are as given below: -

Name of the college

Average annual salary

SPJIMR, Mumbai

Rs. 25 lakhs

School Of Petroleum Management, Pandit Deendayal Energy University, Gandhinagar


Amity University, Noida


GIM- Goa

Rs. 10.71 lakhs

IFMR, Andhra Pradesh

Rs. 9.50 lakhs

LM Thapar School of Management, Punjab

Rs. 5.00 lakhs

IIHRMR, Jaipur 

Rs. 4.25 lakhs

SVKM’s Narsee Monjee Institute of Management 

Rs. 14.04 lakhs

Studies Myra School of Business, Mysore


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

Rs. 5.02 lakhs

Best MBA colleges in India accepting NMAT- fees- wise

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

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 top MBA colleges in India?

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

Q. Which are the main specializations students can opt for while pursuing 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 top 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.

Showing 94 Results
Sort by:
Compare colleges and get comparison on their ranks, fees, placements, seats,
Compare Now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
  • 150M+ Students
  • 30,000+ Colleges
  • 500+ Exams
  • 1500+ E-books
  • Economic Times
  • Financial Express
  • Firstpost
  • Livemint