MBA Colleges in India Accepting GMAT - Colleges with Scores

  • By Christy J. Varghese
  • 25 December 2022
MBA Colleges in India Accepting GMAT

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The CAT Exam is one of the most popular MBA Entrance Exams in India. However, some of India's leading institutions accept the GMAT Score for one or more programmes. GMAT Colleges typically recruit individuals with extensive job experience, making their ideal candidate more defined than the ordinary CAT applicant.

Keeping aside the quality of business schools, there are 43 listed colleges accepting GMAT scores in India for MBA admission. Consequently, the GMAT Exam is becoming increasingly popular among applicants.

Advantages of Taking the GMAT Examination

There are several benefits to taking the GMAT. Many possibilities exist exclusively for MBA grads. According to a corporate recruiter poll performed by GMAC, 9 out of 10 organisations prefer to hire applicants with an MBA over individuals with only a bachelor's degree. 75% of organisations in the Asia Pacific area seek only overseas MBA candidates, and almost 92% of multinational corporations prefer hiring MBAs for management trainee jobs.

Clearly, the stats are in favour of GMAT. 

A solid GMAT score is a reliable indicator of a candidate's analytical skills. This is why the GMAT is accepted at thousands of B-Schools across 110 countries. 

These are some of the primary benefits of the GMAT exam:

  • GMAC provides exam scheduling 24/7.
  • You can send your score to as many institutions as you choose.
  • Scores are approved by over 7000 business schools globally.
  • Excellent GMAT exam results have a big impact on scholarship financing. The use of a "physical whiteboard" is permitted on the GMAT.
  • The GMAT structure and dependability are far more secure than any other examination and have been deliberately constructed with business school prerequisites in mind.
  • GMAT scores are accepted by 90% of the world's business schools. There is no other management examination with such a broad scope.
  • The tests are offered all year round, giving you plenty of time to plan an effective preparation approach.
  • The questions are based on the cumulative distribution principle.
  • The computer administers the GMAT difficulty level based on the responses given.

Top MBA Colleges in India Which Accept GMAT Scores

There are seven GMAT-accepting MBA colleges in India, including IIM Calcutta, IIM Ahmedabad, and IIM Bangalore. Except for the IIMs, several other MBA colleges accept GMAT in India. These include the ISB (Indian School of Business), which is placed 24th in the World Business School Ranking by the Financial Times. 

Although IIM Calcutta, IIM Ahmedabad, and IIM Bangalore are all among India's finest 50 B-schools, they don't achieve the same heights as the Indian School of Business. 

The following is a list of the best GMAT-accepting colleges in India for MBA:

Name of the MBA College


Average GMAT Score (out of 800)

Total Fee (in ₹)

ISB (Indian School of Business), Hyderabad




IIM (Indian Institute of Management), Hyderabad




IIM (Indian Institute of Management), Bangalore 




IIM (Indian Institute of Management), Calcutta




IIM (Indian Institute of Management), Lucknow




XLRI (Xavier School of Management), Jamshedpur




IIM (Indian Institute of Management), Indore




S.P. Jain Institute of Management & Research, Mumbai




IMT (Institute of Management Technology), Ghaziabad




Great Lakes Institute of Management, Chennai




Amity School of Business




As seen in the table outlined above, there are several top MBA colleges accepting GMAT scores in India for one or more programmes. Because of the type of profile that the applicants have, most GMAT-accepting MBA colleges in India choose to accept them for their Executive Programme.

Given the high quality of Indian MBA colleges accepting GMAT, it is not surprising that more GMAT examinations are being taken now than five years ago.

(Read More: CAT vs GMAT)

Finest B-Schools in India Accepting GMAT Scores for 2-Year MBA Course

Suppose you want to apply for an MBA programme. In that case, the following is a list of the top Indian B-Schools that accept the GMAT scores for a 2-year MBA programme:

Name of the B-School


IMT Ghaziabad




IMI New Delhi


Great Lakes Institute of Management Chennai


Xavier University Bhubaneswar

Business Management and other MBA courses

KJ Somaiya Institute of Management Studies & Research, Mumbai


T A Pai Management Institute, Manipal


BIMTECH, Greater Noida


Lal Bahadur Shastri Institute of Management, Delhi


IFIM Business School, Bangalore


MICA Ahmedabad


SOIL - School of Business Design, Gurgaon


FORE School of Management, New Delhi


Goa Institute of Management, Goa


To Conclude

There are many GMAT accepting colleges in India for MBA, but the competition is also very high. Considering this, you must begin your GMAT exam preparation fast to guarantee a good chance of getting into one of India's finest GMAT-accepting colleges.

As you may well know, the competition for MBA seats and jobs after MBA is extremely high. Therefore, it becomes crucial to gain some extra knowledge to stay ahead of the crowd. That is why you should register with Sunstone. With its pan-India presence, Sunstone offers industry-aligned advanced certifications and 100+ hours of job-focused bootcamps to enhance your employability. Not to mention, students who sign up with Sunstone get 100% placement assistance and at least 50 interviews with Sunstone’s network of recruiters.

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