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Home » GMAT Accepting Colleges in India: An Ultimate Guide

GMAT Accepting Colleges in India: An Ultimate Guide

GMAT Accepting Colleges in India

The Graduate School Admission Test (GMAT) is the most common entrance exam for Master of Business Administration degrees worldwide and is administered by the Graduate Admissions Council (GMAC). The Graduate Admission Test (GMAT) is computer-adaptive. It is known to be a test to test the candidate’s analytical and critical skills. Wondering which colleges in India accept the GMAT? The full list is in this article.

The GMAT exam score is an important parameter for admission to many business schools. More than 7,000 programs at 2,300 graduate business schools worldwide, including more than 100 B-schools in India, accept GMAT scores as part of their admission criteria. The GMAT remains a key aspect of any postgraduate MBA application in India or elsewhere.

Usually, the GMAT score for these top colleges should not be more than two years old, so candidates are advised to check the official college websites before applying to the respective colleges. First, you need to be clear about your GMAT preparation. Also, remember that different rating agencies often rate these colleges differently. However, it should be noted that they are considered to be the best institutes in India. The fee and placement details provided here are as per the information available on the institute’s websites. Candidates are advised to check the official college websites for more details before making a decision.

Without further ado! Come along…

What all is covered in this post?

To make it easier for you, we have created a quick guide to everything you need to know about GMAT-accepting colleges in India.

colleges in India accept the GMAT

Eligibility at MBA colleges that accept GMAT in India

Before registering for GMAT, candidates should know the minimum eligibility criteria required for the GMAT. The following criteria are required for GMAT eligibility.

MBA colleges that accept GMAT in India
  • Candidates should have basic education from any registered university or college
  • Candidates must be at least 18 years of age, if the candidate is under 18, a no-objection certificate from a guardian is required.
  • There are no special requirements for work experience, but this criterion is preferred by the world’s leading business schools.

What do you need to know?

Applicants can only take the GMAT 5 times per year and 8 times in a lifetime. Candidates can appear for the GMAT only 16 days after the first exam.

Also, read: GMAT Exam 2023

List of GMAT accepting MBA colleges in India

The Graduate Management Aptitude Test, or GMAT, is a computer-based adaptive exam that assesses candidates’ writing, analytical, verbal, and reading skills. The main purpose of this test is to select the best candidates for admission to management courses such as Masters in Business Administration worldwide. The exam requires you to be good at a variety of topics, from percentage questions and train problems to simplification and time and distance questions. Although the exam score is widely used by students who wish to pursue management courses abroad, the aptitude test has also gained popularity in India.

Let’s look at the list of top GMAT-accepting colleges in India.

  1. Indian School of Business (ISB) Hyderabad
  2. IIM Ahmedabad
  3. IIM Bangalore
  4. IIM Calcutta
  5. IIM Lucknow
  6. IIM Indore
  7. SPJIMR, Mumbai
  8. XLRI, Jamshedpur
  9. Great Lakes Institute of Management, Chennai

Now let’s discuss these colleges in detail.

Indian School of Business (ISB) Hyderabad

ISB has established itself as a world-class business school since it began offering management programs in 2001. It currently has two campuses in Hyderabad and Mohali. Both campuses use GMAT scores for admission.

  • Program: Postgraduate Management Program (PGP), Young Leaders Program (YLP)
  • GMAT Score: 710
  • Fees: 35+ Lakhs
  • Avg. Salary: Rs. 28+ lakhs

IIM Ahmedabad

Another college that accepts GMAT scores in India is IIM Ahmedabad’s Postgraduate Program in Management for Executives (PGPX), which accepts GMAT scores for admission. The remaining 2-year programs like PGP and PGP-FABM accept only CAT scores for Indian applicants. GMAT scores are only accepted for international or overseas candidates

  • Program: PGPX (Post Graduate Program in Management for Executives)
  • GMAT Score: 705+
  • Fees: 28 Lakhs
  • Avg. Salary: Rs. 30+ lakhs

IIM Bangalore

The one-year Postgraduate Diploma in Management (EPGP), offered to professionals with 4 to 12 years of work experience, requires a GMAT or GRE score.

  • Program: EPGP (Executive Post Graduate Program)
  • GMAT Score: 700+
  • Fees: 27+ Lakhs
  • Avg. Salary: Rs. 28+ lakhs

IIM Calcutta

IIM Calcutta’s Postgraduate Program in Management for Executives (PGPX) is one of the most renowned courses in India.

  • Program: MBAEx
  • GMAT Score: 700+
  • Fees: 27+ Lakhs
  • Avg. Salary: Rs. 26+ lakhs

IIM Lucknow

Among the Indian colleges that accept GMAT, IIM Lucknow’s one-year MBA program i.e. International Program in Management for Executives (IPMX) is a popular choice among students. The curriculum of the course offered at the Noida campus is designed for mid-level and senior professionals to prepare for management positions. A valid GMAT score is a mandatory requirement to secure admission to this program.

  • Program: IPMX (International Program in Mgmt. for Executives)
  • GMAT Score: 680+
  • Fees: 23 Lakhs
  • Avg. Salary: Rs. 22 Lakhs (highest was 52 Lakhs)

IIM Indore

Established in 1996, IIM Indore is a world-class business school and IIM Indore’s most renowned program is the two-year MBA program. Admission to the IIM Indore IPM program is based on the IPMAT score conducted by IIM Indore and the GMAT score.

  • Program: EPGP (Executive Postgrad prog in Mgmt.)
  • GMAT Score: The cutoff was 580 (however, it’s safe to score 700+)
  • Fees: 20 Lakhs
  • Avg. Salary: Rs.  20+ Lakhs (highest was 31+ lakhs)

SPJIMR, Mumbai

Being one of the top-ranked institutes in the world, S.P.Jain’s two-year Post Graduate Diploma in Management is equivalent to an MBA degree and accepts GMAT scores in addition to CAT and XAT scores.

  • Program: PGDM (2 years), PGPM (1 year)
  • GMAT Score: 680+ (and 650 for PGPM)
  • Fees: 17.50 Lakhs (PGDM)
  • Avg. Salary: Rs. 26+ LAKHS (PGDM)

XLRI, Jamshedpur

With its world-class facilities and skilled faculty, XLRI Jamshedpur campus is one of the best schools in India to accept GMAT scores for Post Graduate Diplomas in Business Administration, Bachelor of Management, and Post Graduate Diploma in Human Resource Management Programs through GMAT exam results.

  • Program: PGDM (General Mgmt.)
  • GMAT Score: 700 (can be 650+ also depending on the number of candidates applying)
  • Fees: 20 Lakhs
  • Avg. Placement of top 50% of the batch: 20 Lakhs

Great Lakes Institute of Management, Chennai

Great Lakes Post Graduate Diploma in Management (PGDM) (GLIM, Chennai) uses GMAT scores unlike other Indian exams like CAT, XAT, etc. discussed), the profile of current students and alumni gives us a good idea of ​​the GMAT cutoff Great Lakes.

  • Program: PGPM
  • GMAT Score: 680
  • Fees: 19 Lakhs
  • Avg. Salary: Rs. 13+ Lakhs (highest around 31 Lakhs)

Few more GMAT-accepting colleges in India are:

Acharya Group Of Institutes, Acharya School Of ManagementInternational School Of Management Excellence
Acharya Institute Of Management And Sciences, Aims School Of BusinessIsbr Business School
Adani Institute Of Infrastructure ManagementJagan Institute Of Management Studies
Aditya Institute Of Management Studies & ResearchJain University, Cms Business School
Administrative Staff College Of IndiaJaipuria Institute Of Management
Aegis School Of Business And TelecommunicationJk Lakshmipat University, Institute Of Management
Ahmedabad University, Amrut Mody School Of ManagementJre Group Of Institutions, Jre School Of Management
Alliance University, Alliance School Of BusinessSomaiya Institute Of Management Studies & Research
Amity Business SchoolKalinga Institute Of Industrial Technology, School Of Management
Amrita Vishwa Vidyapeetham University, Amrita School Of BusinessKirloskar Institute Of Advanced Management Studies
Apeejay Education Society, Apeejay School Of ManagementLal Bahadur Shastri Institute Of Management
Apeejay Stya University, School Of Management SciencesLovely Professional University, Department Of Management
Asia Graduate School Of BusinessMaharashtra Institute Of Technology (Mit), School Of Telecom Management
Asia Pacific Institute Of ManagementMalaviya National Institute Of Technology Jaipur
Asian School Of Business Management (Asbm)Management Development Institute
Athena School Of ManagementManagement Development Institute Murshidabad
Abdur Rahman Institute Of Science And Technology, Crescent School Of BusinessManipal University Jaipur, Tapmi School Of Business
Bangalore Institute Of International Management, B I I MMasters’ Union School Of Business
Bangalore Institute Of Management Studies (Bims)Mica, Ahmedabad, Mudra Institute Of Communications, Ahmedabad
Bennett University, School Of ManagementMysore Royal Academy (Myra), Myra School Of Business
Birla Institute Of Management TechnologyNational Institute Of Fashion Technology
Bits PilaniNational Institute Of Financial Management
Bml Munjal University, School Of ManagementNational Institute Of Industrial Engineering (Nitie)
Entrepreneurship Development Institute Of IndiaNational Institute Of Securities Markets, School For Securities Education
Europe Asia Business SchoolNational Institute Of Technology Karnataka, Dasa
Flame University, School Of BusinessNational Institute Of Technology Srinagar, Dasa
Flame University, School Of CommunicationNiit University
Fore School Of Management, Foundation For Organisational Research And Education (Fore)Nimt Greater Noida, National Institute Of Management Technology
Foundation For Liberal And Management Education, Flame School Of BusinessNmims University, School Of Business Management
Patel College Of Pharmaceutical Education & ResearchNtpc School Of Business
Gitam University, Gitam School Of International BusinessJindal Global University, Jindal Global Business School
Goa Institute Of ManagementPandit Deendayal Petroleum University (Pdpu), School Of Petroleum Management (Spm)
Grow Talent Company Limited, School Of Inspired LeadershipPraxis Business School
Icfai Business School, Icfai Business School, HyderabadWelingkar Institute Of Management Development And Research
Icfai Business School, Icfai Business School, MumbaiPsg College Of Technology, Psg Institute Of Management
Ifim Business SchoolPune Institute Of Business Management
Ifim CollegePunjab Technical University, Aryans Business School
Iihmr UniversityPunjab Technical University, Aryans School Of Management
Iilm Graduate School Of ManagementReva University, School Of Management Studies
Iilm Institute For Higher EducationRimt University, School Of Management Studies
Iimt School Of Management, Business SchoolSadhana Centre For Management & Leadership Development, Scmld
Indian Institute Of Foreign TradeSda Bocconi Asia Center
Indian Institute Of Management KashipurSdm Institute For Management Development
Indian Institute Of Management KozhikodeSelaqui Academy Of Higher Education, Selaqui Institute Of Management
Indian Institute Of Management NagpurSeshadripuram Institute Of Management Studies
Indian Institute Of Management RaipurSharda University, School Of Business Studies
Indian Institute Of Management Ranchi, Iim RanchiShiv Nadar University
Indian Institute Of Management RohtakShoolini University, Faculty Of Management Sciences & Liberal Arts
Indian Institute Of Management ShillongShree Dhanvantary College Of Post Graduate Business Management
Indian Institute Of Management TiruchirappalliSiva Sivani Institute Of Management
Indian Institute Of Management Udaipur, Business SchoolSrm University, Faculty Of Management
Indian Institute Of Management VisakhapatnamMary’S Educational Society, South State Business School
Indian Institute Of Social Welfare And Business ManagementPai Management Institute
Indian Institute Of Technology GandhinagarTasmac
Indian Institute Of Technology, MadrasTata Institute Of Social Sciences
Indian Institute Of Tourism & Travel ManagementTeri University, Teri School Of Advanced Studies
Indian School Of BusinessThapar University, Lm Thapar School Of Management
Indian School Of Business And Finance – City University Of Seattle, Indian School Of Business And FinanceThe National Management School, National Schools Of Business And Management Private Limited
Indus Business Academy, Iba, BangaloreThe Northcap University, Center For Leadership
Institute For Financial Management And Research, IfmrUnitedworld School Of Business
Institute For Technology And Management, Itm Business SchoolUniversal Business School
Institute For Technology And Management, Itm Global Leadership CenterUniversity Of Delhi, Faculty Of Management Studies
Institute Of Insurance And Risk Management, Iirm HyderabadUniversity Of Petroleum & Energy Studies, College Of Management & Economic Studies
Institute Of Management Development And ResearchUpes, College Of Management And Economics Studies
Institute Of Management Education (Ime), Institute Of Management EducationVanguard Business School
Institute Of Management Technology, HyderabadVeltech Dr Rr & Dr Sr Technical University, Vel Tech Business School
Institute Of Management Technology, Institute Of Management Technology, Ghaziabad, Delhi NcrVes Institute Of Management Studies & Research
Institute Of Management Technology, NagpurVijaybhoomi University, School Of Data Science
Institute Of Rural Management AnandVisvesvaraya National Institute Of Technology, Nagpur, Department Of Humanities
Institute Of Technology & ManagementVit University, Vit Business School
International Management Institute KolkataVivekananda Institute Of Professional Studies, Delhi School Of Business
International Management Institute Of India, BhubaneswarWoxsen School Of Business
International Management Institute Of India, New DelhiXavier University


Now that you have all the lists you wanted for GMAT accepting colleges in India. Do you want to make a career decision now? Not settled yet? In case, you feel indecisive or confused, do dial us up.

At iDreamCareer with the help of our Career Counselling and Guidance Services and educational counsellor, we try to help young confused minds from the 9th class10th classclass 11class 12 to select their most-suited career choices.


Is GMAT accepted in India for Indian students?

Quite a few top business schools in India accept the GMAT score to admit Indian students to their main MBA / PGP programs. While some are 2-year MBA/PGDM programs, others are 1-year programs.

Is GMAT accepted by IIM?

Top MBA colleges in India that accept GMAT include IIMs, ISB, XLRI, SPJIMR, and many other top B-schools. If you are an Indian MBA applicant, you can use your GMAT score to apply to MBA programs in India as well as to foreign B-schools.

Is GMAT worth it in India?

None of the top colleges in India consider GMAT scores for their 2-year MBA program. Most of them take entrance exams or accept scores from exams like CAT, XAT, etc. The only exception is out-of-town students who want to pursue a 2-year MBA program; GMAT scores are accepted for such students.

Is the GMAT just the MBA?

While the GMAT is designed specifically for business school applicants, the GRE is a test that can give students admission to graduate school in almost any subject, including MBAs.

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