Top MBA Colleges Accepting GMAT Score

Indian Institute of Management (IIM) Ahmedabad

The Indian Institute of Management (IIM) Ahmedabad is one of the premier management institutes in India, established in 1961. Located in Ahmedabad, Gujarat, IIM Ahmedabad is known for its rigorous academic programs, cutting-edge research, and strong industry connections. The institute offers a range of programs, including the flagship Post Graduate Program in Management (PGP), Fellow Program in Management (FPM), and Executive Education programs. IIM Ahmedabad is renowned for its faculty, who are leading experts in their fields, and its alumni network, which includes successful business leaders and entrepreneurs.

• Eligibility: Bachelor’s degree, min. 50% marks
• Selection: GMAT score (min. 720), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹22.5 lakhs (approx.)
• Seat Intake: 400 seats (PGP), 140 seats (PGPX)

 Xavier School of Management, Jamshedpur

Xavier School of Management (XLRI), Jamshedpur, is a premier management institute in India, established in 1949. It is a constituent unit of the Xavier Labour Relations Institute Society, a registered non-profit organization. XLRI is known for its rigorous academic programs, cutting-edge research, and strong industry connections. The institute offers a range of programs, including the flagship Post Graduate Diploma in Management (PGDM), Post Graduate Diploma in Human Resource Management (PGDHRM), and Executive Education programs. XLRI is renowned for its faculty, who are leading experts in their fields, and its alumni network, which includes successful business leaders and entrepreneurs.

• Eligibility: Bachelor’s degree, min. 50% marks, 3+ years work experience
• Selection: GMAT score (min. 650), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹23.5 lakhs (approx.) for PGDM (GM)
• Seat Intake: 120 seats (PGDM (GM))

Management Development Institute (MDI), Gurgaon

Management Development Institute (MDI), Gurgaon, is a premier management institute in India, established in 1973. It is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the National Board of Accreditation (NBA). MDI is known for its rigorous academic programs, cutting-edge research, and strong industry connections. The institute offers a range of programs, including the flagship Post Graduate Diploma in Management (PGDM), Post Graduate Diploma in Human Resource Management (PGDHRM), and Executive Education programs. MDI has a strong faculty pool, state-of-the-art infrastructure, and a vibrant campus life.

• Eligibility: Bachelor’s degree, min. 50% marks, 3+ years work experience
• Selection: GMAT score (min. 650), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹21.34 lakhs (approx.) for PGDM
• Seat Intake: 240 seats (PGDM)

SP Jain Institute of Management & Research (SPJIMR), Mumbai

A pioneer in global management education, SP Jain offers a unique blend of academic excellence and industry relevance.With campuses strategically located in Mumbai, Dubai, Singapore, and Sydney, the school provides students with a truly international learning experience. Its flagship Global MBA program is renowned for its focus on practical application and development of global business acumen. Accredited by top-tier bodies like AACSB and AMBA, SP Jain consistently ranks among the world’s best business schools, attracting diverse talent from around the globe. 

• Eligibility: Bachelor’s degree, min. 50% marks, 5+ years work experience
• Selection: GMAT score (min. 680), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹22.5 lakhs (approx.) for PGDM
• Seat Intake: 240 seats (PGDM)

Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad is one of the top schools in India that considers GMAT-taking candidates for both MBA and PGP Management programs. It boasts a diverse cohort with 43% of the batch from a non-engineering background, close to 40% with prior work experience, and representation from 25 states in India, with an average age of 23.

The 2021-2023 MBA class enjoyed a 13.4% CTC increase from the previous year in its placements across 150 companies. BFSI and IT/ ITES were the top recruiting sectors.

• Eligibility: Bachelor’s degree, min. 50% marks, 3+ years work experience
• Selection: GMAT score (min. 600), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹18.5 lakhs (approx.) for PGDM
• Seat Intake: 300 seats (PGDM)

TA Pai Management Institute (TAPMI), Manipal

TA Pai Management Institute (TAPMI), Manipal, is a leading management institute in India, known for its academic excellence and industry relevance. With a strong legacy of over 40 years, TAPMI has established itself as a premier B-school, offering AICTE-approved programs such as PGDM, PGDM-HCM, and PGDM-BKFS. The institute’s curriculum is designed to foster critical thinking, problem-solving, and leadership skills, preparing students for successful careers in management. TAPMI’s faculty comprises experienced professionals and academics, and its alumni network spans across industries and geographies. The institute’s state-of-the-art campus in Manipal provides a conducive learning environment, with modern infrastructure and facilities.

• Eligibility: Bachelor’s degree, min. 50% marks, 3+ years work experience
• Selection: GMAT score (min. 600), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹14.6 lakhs (approx.) for PGDM
• Seat Intake: 420 seats (PGDM)

MICA, Ahmedabad

Located in the north-west of India, MICA Ahmedabad is one of the top b-schools accepting GMAT scores to its business programs.

It has a strong reputation for strategic marketing and communication, and very good career opportunities. Its most recent class enjoyed a 100% placement rate with analytics, BFSI, and consulting emerging as the top sector with 39 offers.

• Eligibility: Bachelor’s degree, min. 50% marks, 3+ years work experience
• Selection: GMAT score (min. 600), MICAT (MICA’s entrance exam), Personal Interview, Academic performance
• Fees Structure: ₹18.5 lakhs (approx.) for PGDM-C
• Seat Intake: 180 seats (PGDM-C)

Great Lakes Institute of Management, Chennai

Great Lakes Institute of Management, Chennai, is a premier business school in India, founded in 2004 by Padma Shri Dr. Bala V. Balachandran. The institute is known for its innovative and industry-relevant programs, including the flagship Post Graduate Diploma in Management (PGDM) and Executive PGDM. Great Lakes has a strong focus on research, entrepreneurship, and sustainability, and has established itself as a leader in management education in India. The institute has a world-class faculty, state-of-the-art infrastructure, and a strong alumni network.

• Eligibility: Bachelor’s degree, min. 50% marks, 2+ years work experience (for PGDM), 5+ years work experience (for Executive PGDM)
• Selection: GMAT score (min. 600), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹17.5 lakhs (approx.) for PGDM, ₹19.5 lakhs (approx.) for Executive PGDM
• Seat Intake: 240 seats (PGDM), 120 seats (Executive PGDM)

International Management Institute (IMI), New Delhi

International Management Institute (IMI), New Delhi, is a premier business school in India, established in 1981. IMI is known for its academic excellence, innovative programs, and strong industry connections. The institute offers a range of programs, including Post Graduate Diploma in Management (PGDM), Executive PGDM, and Fellow Program in Management (FPM). IMI has a world-class faculty, state-of-the-art infrastructure, and a strong alumni network. The institute is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the National Board of Accreditation (NBA).

• Eligibility: Bachelor’s degree, min. 50% marks, 2+ years work experience (for PGDM), 5+ years work experience (for Executive PGDM)
• Selection: GMAT score (min. 650), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹18.5 lakhs (approx.) for PGDM, ₹20.5 lakhs (approx.) for Executive PGDM
• Seat Intake: 240 seats (PGDM), 120 seats (Executive PGDM)

FORE School of Management, New Delhi

FORE School of Management, New Delhi, is a leading business school in India, established in 1981. FORE is known for its academic excellence, industry-relevant programs, and strong alumni network. The institute offers a range of programs, including Post Graduate Diploma in Management (PGDM), Executive PGDM, and Fellow Program in Management (FPM). FORE has a world-class faculty, state-of-the-art infrastructure, and a strong corporate interface. The institute is accredited by the National Board of Accreditation (NBA) and the Association of Indian Universities (AIU).

• Eligibility: Bachelor’s degree, min. 50% marks, 2+ years work experience (for PGDM), 5+ years work experience (for Executive PGDM)
• Selection: GMAT score (min. 600), Personal Interview, Academic performance, Work experience
• Fees Structure: ₹15.98 lakhs (approx.) for PGDM, ₹18.45 lakhs (approx.) for Executive PGDM
• Seat Intake: 240 seats (PGDM), 120 seats (Executive PGDM)

Top MBA Colleges Accepting GMAT Score

The top MBA colleges accepting GMAT scores in India include Indian School of Business (ISB), Hyderabad and Mohali; Great Lakes Institute of Management, Chennai; International Management Institute (IMI), New Delhi; FORE School of Management, New Delhi; and TA Pai Management Institute (TAPMI), Manipal. These colleges use GMAT scores as a crucial parameter for admission to their flagship MBA programs. Additionally, other top colleges like SP Jain Institute of Management and Research, Mumbai; Management Development Institute (MDI), Gurgaon; and Institute of Management Technology (IMT), Ghaziabad also accept GMAT scores.