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List of GMAT Accepting Colleges in India – 2025 Admissions

Top GMAT Accepting Colleges in India for MBA & MS Programs

gmat accepting colleges in india

Key Takeaways:

-Over 130 GMAT accepting colleges in India offer diverse programs with approximately 70% of top-tier business schools now recognizing GMAT scores for admissions.
-The Indian Institutes of Management (IIMs) remain the most prestigious institutions accepting GMAT scores for their executive and international programs.
-Top private business schools like ISB, XLRI, and SPJIMR offer world-class education with GMAT-based admission paths.
-Most GMAT-accepting programs in India require scores ranging from 600-730, with elite institutions having higher thresholds.

If you’re planning to study business or management in India, the GMAT is one of the main exams that many top colleges consider. It tests your problem-solving, reasoning, and communication skills—things that are important for success in business school.

Today, many GMAT accepting colleges in India offer MBA and other master’s programs to students who take this exam. From well-known IIMs to top private schools like ISB and XLRI, GMAT scores are being used more and more in the admission process. This blog will help you explore the best colleges, their programs, requirements, and what makes them stand out.

Which Are the Top 30 GMAT Accepting Colleges in India?

gmat accepting colleges in india

From highly-reputed IIMs to emerging private universities, here's a quick overview of GMAT accepting colleges in India to aim for in 2024 and beyond. 

NIRF Ranking College Name Total Fee (INR) Average GMAT Cutoff
1 Indian Institute of Management, Ahmedabad ₹24 Lakhs 740+
2 Indian Institute of Management, Bangalore ₹24.50 Lakhs 730+
3 Indian Institute of Management, Kozhikode ₹22.5 Lakhs 720+
4 Indian Institute of Management, Calcutta ₹31 Lakhs 720+
6 Indian Institute of Management, Lucknow ₹26.25 Lakhs 710+
8 Indian Institute of Management, Indore ₹22.12 Lakhs 720+
9 XLRI-Xavier School of Management ₹14.95 Lakhs 700+
11 Indian Institute of Management, Raipur ₹13.25 Lakhs 615+
12 Indian Institute of Management, Rohtak ₹11.75 Lakhs 650+
13 Management Development Institute ₹8.95 Lakhs 680+
14 Indian Institute of Technology, Kharagpur ₹12.85 Lakhs 740+
15 Indian Institute of Technology, Madras ₹11.13 Lakhs 740+
16 Indian Institute of Management, Udaipur ₹10 Lakhs 620+
18 Indian Institute of Technology, Roorkee ₹9.67 Lakhs 720+
19 Indian Institute of Management, Kashipur ₹20 Lakhs 620+
20 S.P. Jain Institute of Management & Research ₹17.40 Lakhs 680
22 Indian Institute of Management, Tiruchirappalli ₹19.5 Lakhs 680+
26 Indian Institute of Management, Shillong ₹22.71 Lakhs 680+
27 Indian Institute of Foreign Trade ₹21.77 Lakhs 650+
28 Amity University ₹15.56 Lakhs 550+
29 Indian Institute of Management Visakhapatnam ₹17.82 Lakhs 680+
30 Amrita Vishwa Vidyapeetham ₹11.20 Lakhs 500+

1. Indian Institute of Management, Ahmedabad - Gujarat

Indian Institute of Management, Ahmedabad (IIM-A) is widely regarded as one of India's premier management institutes. 

Established in 1961, it has consistently ranked among the top business schools in Asia. IIM-A is renowned for its rigorous academic curriculum, case study method of teaching, and its flagship two-year Post Graduate Programme in Management (PGP). 

The institute's iconic brick architecture, designed by Louis Kahn, sets it apart visually. 

IIM-A boasts strong industry connections, leading to excellent placement opportunities for its graduates. 

The institute also offers executive education programs and a Fellow Programme in Management (doctoral level).

NIRF Rank 1 NIRF Score 83.20
Ownership Public/Government Accepted GMAT Score (Average) 740+
Course Offered MBA-PGPX Average Course Fees ₹24 Lakhs
Average Placement Package ₹35.68 LPA Website IIM-A

2. Indian Institute of Management, Bangalore - Karnataka

Indian Institute of Management, Bangalore (IIM-B), founded in 1973, is known for its focus on technology and innovation management. 

Located in India's Silicon Valley, IIM-B has strong ties with the IT industry. Its campus, designed by B.V. Doshi, is noted for its greenery and modern architecture. 

IIM-B offers a diverse range of programs including the PGP, Executive Post Graduate Programme, and doctoral programs. 

The institute is particularly acclaimed for its entrepreneurship incubation center, the N.S. Raghavan Centre for Entrepreneurial Learning (NSRCEL), which has nurtured numerous successful startups.

NIRF Rank 2 NIRF Score 80.89
Ownership Public/Government Accepted GMAT Score (Average) 730+
Course Offered PGPBA Average Course Fees ₹24.50 Lakhs
Average Placement Package ₹35.92 LPA Website IIM-B

3. Indian Institute of Management, Kozhikode - Kerala

gmat accepting colleges in india

Indian Institute of Management, Kozhikode (IIM-K), established in 1996, is known for its picturesque hillside campus in Kerala. 

IIM-K has made significant strides in management education, particularly in gender diversity, being the first IIM to admit 54% women in its flagship PGP batch in 2013. 

The institute is recognized for its innovative approach to learning, including the use of MOOCs and interactive learning programs. 

IIM-K offers various management programs and is known for its strong focus on sustainability and responsible management.

NIRF Rank 3 NIRF Score 76.48
Ownership Public/Government Accepted GMAT Score 720+
Course Offered PGP-BL Average Course Fees ₹22.5 Lakhs
Average Placement Package ₹29.23 LPA Website IIM-K

4. Indian Institute of Management, Calcutta - West Bengal

Indian Institute of Management, Calcutta (IIM-C) is the first IIM to be established, dating back to 1961. Located in Kolkata, it has a rich legacy in management education and research. 

IIM-C is particularly noted for its finance and economics programs. The institute's Joka campus is known for its serene lake and colonial-era buildings. 

IIM-C offers a wide range of programs including the flagship PGP, executive MBA, and doctoral programs. It's also home to the Financial Research and Trading Laboratory, one of the most advanced in Asia.

NIRF Rank 4 NIRF Score 75.53
Ownership Public/Government Accepted GMAT Score 720+
Course Offered EMBA Average Course Fees ₹31 Lakhs
Average Placement Package ₹35.07 LPA Website IIM-C

5. Indian Institute of Management, Lucknow - Uttar Pradesh

gmat accepting colleges in india

Indian Institute of Management, Lucknow (IIM-L), founded in 1984, is known for its expansive campus and strong focus on entrepreneurship and sustainable development. 

IIM-L stands out for having two campuses - the main campus in Lucknow and a satellite campus in Noida, which primarily caters to working executives. 

The institute offers a variety of programs including the PGP, executive programs, and specialized courses in agribusiness management. IIM-L is also recognized for its Center for Marketing in Emerging Economies.

NIRF Rank 6 NIRF Score 74.11
Ownership Public/Government Accepted GMAT Score 710+
Course Offered IPMX (Part time) Average Course Fees ₹26.25 Lakhs
Average Placement Package ₹32.23 LPA Website IIM-L

6. Indian Institute of Management, Indore - Madhya Pradesh

Indian Institute of Management, Indore (IIM-I), established in 1996, has rapidly grown to become one of the largest IIMs in terms of student intake. 

Located in Madhya Pradesh, IIM-I is known for its integrated program in management, a unique five-year course that students can join right after high school. 

The institute has a strong focus on sustainability and has implemented various green initiatives on its eco-friendly campus. IIM-I also offers a range of executive education programs and has been expanding its international collaborations.

NIRF Rank 8 NIRF Score 71.95
Ownership Public/Government Accepted GMAT Score 720+
Course Offered EPGP Average Course Fees ₹22.12 Lakhs
Average Placement Package ₹25.68 LPA Website IIM-I

7. XLRI-Xavier School of Management, Jamshedpur - Jharkhand

gmat accepting colleges in india

Established in 1949 in Jamshedpur, XLRI is one of India's oldest and most prestigious business schools. It's renowned for its Human Resource Management and Business Management programs. 

The institute offers a two-year full-time Post Graduate Diploma in Management (PGDM) in Business Management and Human Resource Management, a 15-month General Management Programme (GMP), and a Fellow Program in Management (FPM). 

XLRI is known for its rigorous curriculum, strong alumni network, and emphasis on ethics and social responsibility. The campus features modern facilities, including a well-stocked library, state-of-the-art classrooms, and a dedicated placement cell. 

XLRI consistently ranks among the top business schools in India and has international accreditations from AACSB and AMBA.

NIRF Rank 9 NIRF Score 70.75
Ownership Private Accepted GMAT Score 700+
Course Offered GMP Average Course Fees ₹14.95 Lakhs
Average Placement Package ₹29.89 LPA Website XLRI

8. Indian Institute of Management, Raipur - Chhattisgarh

Founded in 2010, IIM Raipur has quickly established itself as a center of excellence in management education. 

Located in Chhattisgarh, the institute offers a Post Graduate Program in Management (PGP), a Fellow Programme in Management (FPM), and various executive education programs. 

IIM Raipur is known for its focus on sustainable development and entrepreneurship, with a curriculum that integrates local business practices. 

The institute has a modern campus with state-of-the-art facilities, including smart classrooms, a well-equipped library, and research centers. 

IIM Raipur has been actively building international collaborations and emphasizes experiential learning through industry internships and live projects.

NIRF Rank 11 NIRF Score 66.18
Ownership Public/Government Accepted GMAT Score 615+
Course Offered PhD program (specializations: Strategic Management, Finance and Accounting, Marketing Management, and Operations Management) Average Course Fees ₹13.25 Lakhs
Average Placement Package ₹19.7 LPA Website IIM Raipur

9. Indian Institute of Management, Rohtak  - Haryana

Established in 2010, IIM Rohtak has made significant strides in management education. Located in Haryana, it offers a Post Graduate Programme in Management (PGP), a Fellow Programme in Management (FPM), and executive education programs. 

The institute is known for its focus on analytics and digitalization in management. IIM Rohtak has a sprawling campus with modern infrastructure, including an incubation center for startups. 

The institute emphasizes research and has established several centers of excellence in areas like Big Data Analytics and Artificial Intelligence. IIM Rohtak also focuses on gender diversity and has consistently maintained a high percentage of female students in its batches.

NIRF Rank 12 NIRF Score 65.88
Ownership Public/Government Accepted GMAT Score 650+
Course Offered Doctoral Program in Management (DPM) Average Course Fees ₹11.75 Lakhs
Average Placement Package ₹19.27 LPA Website IIM Rohtak

10. Management Development Institute, Gurugram - Haryana

Founded in 1973, MDI Gurgaon is a leading business school known for its industry connections and practical approach to management education. It offers various post-graduate programs, including PGDM (Post Graduate Diploma in Management), PGDM-HRM, PGDM-IB (International Business), and a Fellow Programme in Management. 

MDI is renowned for its research and consultancy services, with several research centers focusing on different aspects of management. The institute has a lush green campus with modern facilities, including a well-stocked library, computer labs, and sports facilities. 

MDI has strong international collaborations and offers student exchange programs with several foreign universities.

NIRF Rank 13 NIRF Score 64.88
Ownership Private Accepted GMAT Score 680+
Course Offered Executive MBA programs Average Course Fees ₹8.95 Lakhs
Average Placement Package ₹12.40 LPA Website MDI

gmat accepting colleges in india

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Conclusion

Choosing from the top GMAT accepting colleges in India is a smart move for students aiming for quality business education without going abroad. These colleges offer global exposure, strong placement support, and recognized programs making them the right choice for ambitious professionals.

How do I start preparing for the GMAT?

Students should take a full-length examination before beginning their preparation. This will help them determine the exact number of hours and level of effort required to attain the desired result. After that, you can identify your weak areas and dedicate more time to improving your overall score.

Can I cancel my GMAT test appointment?

Applicants can use their GMAT account to reschedule the exam. You’ll be charged $50 if you reschedule more than seven days before your exam; if you reschedule within those seven days, you’ll be charged $250.

How is the GMAT scoring done?

The score range for the GMAT is between 200 and 800. Scores for the verbal and quantitative components range from 0 to 60, and you’ll get a score from 1 to 8 on the integrated reasoning portion. Lastly, you’ll receive a score in half-point increments ranging from 0 to 6 for the analytical assessment.

What are the best preparation resources?

There are ample GMAT prep resources such as online courses, in-person study courses, apps, books, and online forums. You should choose the resource which aligns with your learning style and will cater to your weaknesses. Students also use the official GMAT guide for reference along with the resources mentioned above.

How can non-native English speakers score well in the verbal section?

The only way to improve your English-language skills is to go through additional material like newspapers, journals, and fictional/non-fictional pieces of writing. These will help you increase your reading speed, improve your vocabulary and enhance your understanding of complex sentences. You can also listen to English songs and podcasts to further improve your fluency and then record yourself so that you can rectify your pronunciation and avoid fumbling while speaking.

Know Your Author
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Abhyank Srinet
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Study Abroad Expert

Abhyank Srinet, the founder of MiM-Essay, is a globally recognized expert in study abroad and admission consulting. His passion is helping students navigate the complex world of admissions and achieve their academic dreams. Abhyank earned a Master's degree in Management from ESCP Europe, where he developed his skills in data-driven marketing strategies, driving growth in some of the most competitive industries.


Abhyank has helped over 10,000+ students get into top business schools with a 98% success rate over the last seven years. He and his team offer thorough research, careful shortlisting, and efficient application management from a single platform.

His dedication to education also led him to create MentR-Me, an AI-powered platform that offers personalized guidance and resources, including profile evaluation, application assistance, and mentoring from alumni of top global institutions.

Continuously adopting the latest strategies, Abhyank is committed to ensuring that his clients receive the most effective guidance. His profound insights, extensive experience, and unwavering dedication have helped his clients securing of over 100 crores in scholarships, making him an invaluable asset for individuals aiming to advance their education and careers and leading both his ventures to seven-figure revenues.

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