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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.

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