The GMAT (Graduate Management Admission Test) is an internationally accepted entrance test for business and management schools. In India, many top-notch institutes accept GMAT scores for admission in MBA, PGDM, and other management courses—particularly for NRI, PIO, and foreign students, as well as executive MBA candidates.
This handbook gives precise information about the best colleges in India that accept GMAT scores, such as courses provided, fee, placement history, admission process, eligibility, and much more.
Why Choose GMAT-Accepting Colleges in India?
- Global Recognition: GMAT is accepted by 200+ institutes in India and 2,000+ worldwide.
- Executive & International Programs: Ideal for working professionals and global applicants.
- Flexible Applications: Multiple intakes in a year for several programs.
- Competitive Advantage: GMAT score is considered even in lieu of CAT for some elite B-schools.
- Wide Range of Programs: Full-time MBA, Executive MBA, PGDM, Hybrid & Online MBAs.
Top GMAT-Accepting Colleges in India 2026
| College Name | Location | Avg. Fees (Total) | Avg. Placement | Top Recruiters |
| ISB Hyderabad / Mohali | Telangana / Punjab | ₹39 Lakh | ₹34.08 LPA | McKinsey, BCG, Amazon |
| IIM Ahmedabad (PGPX) | Gujarat | ₹31 Lakh | ₹35.68 LPA | Deloitte, Google, Accenture |
| SPJIMR Mumbai | Maharashtra | ₹20 Lakh | ₹33 LPA | BCG, JP Morgan, Flipkart |
| XLRI Jamshedpur (GMP) | Jharkhand | ₹23.15 Lakh | ₹26.56 LPA | PwC, EY, Microsoft |
| IMT Ghaziabad (Executive PGDM) | Uttar Pradesh | ₹12.5 Lakh | ₹15 LPA | Cognizant, ICICI, KPMG |
| Great Lakes Institute of Mgmt | Chennai | ₹20.75 Lakh | ₹14.5 LPA | Infosys, Dell, ZS Associates |
| MDI Gurgaon | Haryana | ₹24 Lakh | ₹27.67 LPA | Capgemini, EY, Deloitte |
Top Management Courses Offered
| Specialization | Colleges Offering |
| General MBA/PGP | ISB, IIM A, XLRI, SPJIMR |
| Executive MBA | IIMs (A, B, C), XLRI, MDI Gurgaon |
| International Business | SPJIMR, Great Lakes |
| Strategy & Leadership | ISB, XLRI, IIM Bangalore |
| Analytics & Digital Business | Great Lakes, SPJIMR, IMT Ghaziabad |
GMAT Cut-Off (Approximate)
| College | Average GMAT Cut-off |
| ISB | 710+ |
| IIM Ahmedabad (PGPX) | 700+ |
| XLRI GMP | 680–700 |
| SPJIMR | 650–700 |
| Great Lakes | 600–650 |
Average Fee Structure
| College Name | Total Fees (Approx.) |
| ISB Hyderabad | ₹39 Lakh |
| IIM Ahmedabad (PGPX) | ₹31 Lakh |
| SPJIMR Mumbai | ₹20 Lakh |
| XLRI GMP | ₹23.15 Lakh |
| MDI Gurgaon | ₹24 Lakh |
Salary Trends
| College | Average Package | Highest Package |
| ISB Hyderabad | ₹34.08 LPA | ₹60+ LPA |
| IIM A (PGPX) | ₹35.68 LPA | ₹75 LPA |
| XLRI GMP | ₹26.56 LPA | ₹43 LPA |
| SPJIMR | ₹33 LPA | ₹50 LPA |
| MDI Gurgaon | ₹27.67 LPA | ₹40 LPA |
Hostel & Campus Facilities
| College Name | Hostel Fees (Annual) | Facilities |
| ISB Hyderabad | ₹1.50 Lakh | AC Rooms, Gym, Cafeteria, WiFi, Recreation |
| XLRI Jamshedpur | ₹1.2 Lakh | Library, Single Occupancy, Gym |
| SPJIMR Mumbai | ₹1.3 Lakh | Cafeteria, Smart Classrooms, WiFi |
Top Recruiters
| Recruiter | Roles Offered |
| McKinsey | Strategy Consultant |
| Amazon | Product Manager |
| Deloitte | Senior Analyst, Consultant |
| Accenture | Digital Transformation |
| BCG | Business Analyst |
| Infosys | Technology Consultant |
Eligibility & Admission Process
Eligibility:
- Graduation in any discipline (50% or above)
- GMAT Score (within 5 years)
- Work Experience (for executive MBAs, 2–7 years preferred)
Admission Process:
- Apply online via official college website
- Submit GMAT score + academic details
- Shortlist based on profile + score
- Interview rounds (PI / WAT / Case Study)
- Final merit list
FAQs: GMAT Colleges in India
Q1. Is GMAT accepted by IIMs?
A: Yes, for Executive MBA programs like PGPX at IIM A, PGPEX at IIM C, and EPGP at IIM B.
Q2. Can freshers apply with GMAT in India?
A: Some colleges like SPJIMR and Great Lakes accept GMAT for freshers under specific categories.
Q3. Is GMAT better than CAT for Indian B-schools?
A: GMAT is ideal for international or executive programs, while CAT is more common for 2-year MBAs.
Q4. What’s the GMAT validity?
A: 5 years from the date of exam.
Q5. Scholarships for GMAT students?
A: Yes. ISB, SPJIMR, Great Lakes offer merit-based and need-based scholarships.
Q6. Does ISB accept CAT?
A: No. ISB only accepts GMAT or GRE.
Q7. What are the GMAT test dates?
A: GMAT is offered year-round. Book based on availability on www.mba.com.
Conclusion
The Top Indian B-schools, which accept GMAT scores, provide world-class education, global placements, and powerful alumni networks. Be a fresh graduate or working professional; GMAT provides access to the best management programs in India and overseas. Concentrate on establishing a good profile—academics, GMAT score, and work experience all contribute to successful admission.
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