Mumbai, the financial hub of India, is home to several top-notch MBA colleges that accept GMAT scores for admission. The Narsee Monjee Institute of Management Studies (NMIMS) is a premier institution, followed by the SP Jain Institute of Management and Research (SPJIMR), which is known for its innovative and industry-focused approach. The Shailesh J. Mehta School of Management (SJMSOM) at IIT Bombay is another highly regarded option, offering a unique blend of technical and management expertise. Other top MBA colleges in Mumbai accepting GMAT scores include the Jamnalal Bajaj Institute of Management Studies (JBIMS), the Tata Institute of Social Sciences (TISS), and the Welingkar Institute of Management Development and Research (WeSchool), each offering a range of MBA programs and specializations. get admit in Top MBA Colleges in Mumbai Accepting GMAT Score.

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GMAT Exam Overview

• Full Form: Graduate Management Admission Test
• Conducted by: Graduate Management Admission Council (GMAC)
• Purpose: Admission to MBA, PGDM, and other management programs worldwide
• Format: Computer-based, adaptive test
• Sections:
  • Analytical Writing Assessment (AWA): 1 essay, 30 minutes
  • Integrated Reasoning (IR): 12 questions, 30 minutes
  • Quantitative Reasoning (QR): 31 questions, 62 minutes
  • Verbal Reasoning (VR): 36 questions, 65 minutes
• Duration: 3 hours 7 minutes
• Scoring: Total score (200-800), section-wise scores, and percentile rank
• Validity: 5 years
• Frequency: Can be taken up to 5 times in a year, with a gap of 16 days between attempts
• Registration: Online, with a fee of $250 (approximately ₹19,000)

Top 5 MBA Colleges Accepting GMAT 2024 Scores, here’s the list:

Amity Business School, Mumbai 

Amity Business School, Mumbai is a leading management institute located in the financial capital of India. It is a part of Amity University, one of the top private universities in India. The business school offers a range of programs including MBA, Executive MBA, and BBA, with specializations in various fields such as finance, marketing, human resources, and operations. Amity Business School is known for its industry-focused curriculum, experienced faculty, and state-of-the-art infrastructure.

GMAT:

• Eligibility: Graduation, 50% marks, 10+2 from recognized board
• Selection: GMAT, GD, PI, Academics, Work Ex
• Fees: ₹15.56L (2 yrs)
• Seat Intake: 420 (MBA), 60 (MBA-IB), 60 (MBA-HRM)

SP Jain, Mumbai (SPJMIR)

SP Jain Institute of Management and Research (SPJIMR), Mumbai is a leading business school in India, known for its innovative and industry-focused approach to management education. Established in 1981, SPJIMR is a part of the Bharatiya Vidya Bhavan and has been consistently ranked among the top business schools in India. The institute offers a range of programs, including the Post Graduate Diploma in Management (PGDM), Post Graduate Program in Management (PGPM), and Fellow Program in Management (FPM). SPJIMR is known for its emphasis on experiential learning, social sensitivity, and global exposure, and has partnerships with top international business schools. The institute has a strong alumni network and a reputation for producing well-rounded, industry-ready professionals.

• Eligibility: Graduation, 50% marks, 5 yrs work exp (avg)
• Selection: GMAT, Profile, PI, Academics, Work Ex
• Fees: ₹22.90L (PGDM), ₹28.50L (PGPM)
• Seat Intake: 240 (PGDM), 60 (PGPM)

KJSIM – K J Somaiya Institute of Management, Mumbai

K J Somaiya Institute of Management (KJSIM), Mumbai is a premier business school in India, established in 1981. It is a part of the Somaiya Vidyavihar University and has been consistently ranked among the top business schools in India. KJSIM offers a range of programs, including the Master of Management Studies (MMS), Post Graduate Diploma in Management (PGDM), and Executive PGDM. The institute is known for its strong industry connections, innovative curriculum, and emphasis on experiential learning. KJSIM has a diverse student body and a strong alumni network, with graduates placed in top companies across various industries. The institute is also recognized for its research initiatives and has partnerships with international business schools.

• Eligibility: Graduation, 50% marks, 2 yrs work exp (desired)
• Selection: GMAT, CAT, XAT, CMAT, PI, Academics, Work Ex
• Fees: ₹14.22L (MMS), ₹12.53L (PGDM)
• Seat Intake: 360 (MMS), 120 (PGDM)

Welingkar Institute of Management Development & Research- Mumbai

Welingkar Institute of Management Development & Research (WeSchool) in Mumbai is a premier business school in India, established in 1977. It is part of the Shikshana Prasaraka Mandali trust and has been consistently ranked among the top business schools in India. WeSchool offers a range of programs, including the Post Graduate Diploma in Management (PGDM), Master of Management Studies (MMS), and Executive PGDM. The institute is known for its innovative curriculum, industry-focused approach, and emphasis on experiential learning. WeSchool has a strong alumni network and has partnerships with top international business schools, providing students with global exposure and opportunities. The institute is also recognized for its research initiatives and has a reputation for producing well-rounded, industry-ready professionals.

• Eligibility: Graduation, 50% marks, 2 yrs work exp (desired)
• Selection: GMAT, CAT, XAT, CMAT, ATMA, PI, Academics, Work Ex
• Fees: ₹11.04L (PGDM), ₹4.76L (MMS)
• Seat Intake: 600 (PGDM), 120 (MMS)

St Francis Institute of Management and Research, Mumbai

St. Francis Institute of Management and Research (SFIMAR), Mumbai is a renowned business school in India, established in 2002. It is affiliated with the University of Mumbai and has been consistently ranked among the top business schools in India. SFIMAR offers a range of programs, including the Master of Management Studies (MMS), Post Graduate Diploma in Management (PGDM), and Executive PGDM. The institute is known for its strong industry connections, innovative curriculum, and emphasis on experiential learning. SFIMAR has a diverse student body and a strong alumni network, with graduates placed in top companies across various industries. The institute is also recognized for its research initiatives and has partnerships with international business schools, providing students with global exposure and opportunities. With a focus on developing socially responsible and ethically sound professionals, SFIMAR is a preferred destination for students seeking a holistic management education.

• Eligibility: Graduation, 50% marks, 2 yrs work exp (desired)
• Selection: GMAT, CAT, XAT, CMAT, ATMA, PI, Academics, Work Ex
• Fees: ₹7.20L (MMS), ₹6.50L (PGDM)
• Seat Intake: 120 (MMS), 180 (PGDM)

Top MBA Colleges in Mumbai Accepting GMAT Score

Mumbai, the financial hub of India, is home to some of the top MBA colleges that accept GMAT scores. SP Jain Institute of Management & Research (SPJIMR) and K J Somaiya Institute of Management (KJSIM) are two of the most renowned institutions, offering a range of MBA programs. Welingkar Institute of Management Development & Research (WeSchool) and Amity University Mumbai also accept GMAT scores, providing students with a global perspective. Other top colleges include St. Francis Institute of Management and Research (SFIMAR), Jamnalal Bajaj Institute of Management Studies (JBIMS), Shailesh J Mehta School of Management (SJMSOM), and Xavier Institute of Management and Research (XIMR). These colleges offer a blend of academic rigor, industry exposure, and global connections, making them a preferred choice for MBA aspirants.

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