Top MBA Colleges in India accepting GMAT Score 2024

India has a lot of excellent colleges offering MBA courses, which accept GMAT scores. As of 2024, there are about 108 government and private institutions offering MBA to GMAT test takers. Indian Institute of Management Ahmedabad, Indian Institute of Management Bangalore, Indian Institute of Management Kozhikode, and SP Jain Institute of Management and Research Mumbai are among the top MBA colleges in India that accepting GMAT score. They are rated high on global connections, quality programs, and placement records

The Graduate Management Admission Test (GMAT), administered by the Graduate Management Admission Council or GMAC, is a standardized test used for entrance to many MBA programs around the world. The exam tests a candidate's analytical, quantitative, and verbal skills, ensuring that a candidate indeed possesses the required skill for business and management positions. GMAT is usually taken all through the year, with flexible exam dates to allow test-takers to schedule their test according to their convenience. The four sections include Analytical Writing Assessment, Integrated Reasoning, Quantitative, and Verbal. The GMAT plays an important role in admissions to many top management colleges across the country, and windows for applying often open as early as November for many of those schools.

Top 10 MBA Colleges in India Accepting GMAT Score 2024 (Based on NIRF Ranking)

National Institutional Ranking Framework is the methodology adopted by the Government of India to rank the institutions of higher education across the country. It is implemented based on parameters such as Teaching, Learning, and Resources (TLR), Research and Professional Practice (RPC), Graduation Outcomes (GO), Outreach and Inclusivity (OI), and Peer Perception. These rankings offered a critical standard measure of the academic and infrastructural quality of MBA institutions. The following is a compilation of the top MBA colleges in India accepting GMAT score as determined by NIRF Ranking:

Top MBA Colleges in India Accepting GMAT Score 2024 (Based on Careers360 Ranking)

Careers360 ranks the best educational institutions in India based on student reviews, infrastructure, placement opportunities, and quality of faculty. These rankings would give insight into the performance and reputation of MBA colleges in India. It provides an additional ranking layer for candidates who are interested in pursuing an MBA through the GMAT, including user-driven data, institutional performance, and industry reviews. Here is a list of top MBA colleges in India accepting GMAT score according to Careers360 Ranking:

Top MBA Colleges in India Accepting GMAT Score 2024: Fee Details

MBAs in India can hugely vary in fee structures between government and private institutions, which can range anywhere from as low as INR 1 lakh to as high as INR 26 lakh for the top-end institutes. It is very important for GMAT aspirants to understand what the fee structure is so that they can prepare accordingly. The investment towards the future growth of their careers may extend beyond just tuition fees. This section is divided into numerous fee sections for some of the most prestigious private and government MBA colleges in India that accept the GMAT.

Top Private MBA Colleges in India Accepting GMAT Score

Private institutions usually draw more fees compared to the government due to its sophisticated infrastructure, exposure to global criteria, and individualized learning facilities. Below here is a list of a few of the top private MBA colleges in India accepting GMAT score coupled with its fee structure:

Top Government MBA Colleges in India Accepting GMAT Score

The government institutions generally offer an MBA program at a low fee structure without compromising the education quality. The institutions are supported by the government and possess excellent placement facilities and a robust alumni network. The following is a table that lists the fees of some of the most prestigious government MBA colleges in India that take GMAT scores:

Eligibility Criteria for Admissions to Top MBA Colleges in India Accepting GMAT Score 2024

The eligibility criteria for admission to their respective MBA programs through GMAT scores differ among the various top institutes. But the most top colleges follow a simple set of eligibility criteria to check out the potential students. The main criteria include academic qualifications, work experience, or group discussions along with the scores obtained in the GMAT.

• Academic Qualifications: Generally, bachelor's degree holders from any recognized university are allowed. The degree must be obtained with a minimum percentage or equivalent CGPA as declared by the respective institutions.

• Entrance Tests: A valid, current GMAT score is mandatory. Some colleges require a minimum GMAT; a score at this level must be attained by the applicant before they are moved into further stages of the selection process like interview and subsequent rounds.

• Additional Requirements: Some institutes require the candidate to have minimum work experience for executive MBA programs. In addition, the applicants need to clear group discussions, personal interviews, or written assessments as part of the selection process.

Admissions Process for Top MBA Colleges in India Offering MBA and Accepting GMAT Score 2024

Admission processes in the best colleges of India for MBA courses consist of various rounds, which start with submitting GMAT scores and further rounds of evaluation could include interviews, written assessments, or group discussions. The following is a compilation of the top MBA colleges in India accepting GMAT score, along with the admission process:

FAQs for Top MBA Colleges in India Accepting GMAT Score 2024

1. Which of the top MBA colleges in India accept GMAT?

   • Most of the top colleges in India including IIMs at Ahmedabad, Bangalore, Kozhikode, Lucknow SP Jain Institute of Management and Research and Indian Institute of Foreign Trade also accept GMAT for their MBA programs.

2. What is the minimum GMAT accepted for admission in the top MBA colleges in India?

   • The minimum GMAT score differs from one institute to another but generally varies between 650 and 750 for top MBA colleges.

3. Do Indian MBA colleges require work experience for GMAT-based admissions?

   • Work experience is not a compulsion for all the MBA programs but most of the executive MBAs as well as some of the best universities prefer a candidate with work experience of 2 to 5 years.

4. Can international students apply to Indian MBA colleges using GMAT scores?

   • Yes, most Indian MBA colleges, including the IIMs and private colleges like SPJIMR and ISB also accept international candidates on the basis of GMAT scores .

5. Is GMAT the only other accepted exam for MBA admissions in India?

   • No, besides GMAT, Indian MBA colleges also accept CAT, XAT, MAT, etc. However, GMAT is particularly of importance for international applicants and a few executive programs.