Top 10 GMAT Accepting Colleges in India
The Graduate Management Admission Test (GMAT) is a competitive exam taken by students who aspire to attend a business school. It is an internationally recognized exam administered year-round in roughly 110 countries and accepted by nearly 2300 colleges. International recruiters also use the GMAT scores to evaluate the overall competence and quantitative aptitude of prospective employees. The exam is gradually gaining popularity as the number of GMAT accepting colleges in India is constantly increasing.
Presently, around fifty Indian colleges accept the GMAT score for admission to their management programs. On the other hand, the Common Admission Test (CAT) is only valid for admission to Indian business schools.
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GMAT vs CAT
Students willing to pursue an MBA degree are often confused between taking the GMAT and the CAT exam. As mentioned above, the GMAT exam is a widely accepted entrance test that numerous students take up across the globe. Its wide acceptance by more than 2100 universities makes it the most popular MBA exam. Tata Consultancy Services administers the Common Admission Test (CAT), a national graduate exam accepted by Indian business schools. At the same time, the management test developed by Graduate Management Admission Council (GMAC) is accepted both nationally and internationally.
Choosing the right exam largely depends on your future aspirations. Certain factors differentiate the two exams which need to be considered by the students:
The first factor that students need to pay attention to is the validity of both these competitive exams. The score of the CAT exam is only valid for one year, whereas the score of the GMAT exam is valid for five years from the date of taking the test. Although specific schools may have different guidelines about the scores, the GMAT exam’s longer validity is an added advantage. If you plan to retake the GMAT exam, you can do so at any time. However, this is not the case with the CAT exam, as students will have to wait another year to retake this exam, which is a sheer waste of time.
2. Exam pattern
The CAT has three sections, namely Quantitative ability, Verbal ability and logical reasoning, and lasts for approximately two hours. The entire exam consists of a hundred questions in totality, and students receive a score from three hundred marks. On the other hand, the GMAT has four sections, including an additional analytical assessment section, and the entire exam lasts for about three hours. The exam comprises 80 questions, and the total score ranges from 200 to 800.
3. Exam fees and attempts
The CAT is conducted every year in July and August, and students have to pay a registration fee of rupees two thousand. Students must pay attention to the registration deadlines and other important information released by the Indian Institute of Management (IIM). The exam is conducted once a year, and students can register for the GMAT online by creating an account on the official GMAC website and paying $250.
4. Difficulty level
The GMAT is an adaptive exam, which means that the difficulty level will increase if you answer correctly. The CAT, on the other hand, has a predetermined set of questions. The quantitative section of the CAT can be more brain-wracking than the GMAT. Similarly, the verbal section of the GMAT might be a little tricky for non-native English speakers. The difference in difficulty level may be attributed to the abundance of resources available for GMAT preparation compared to only a handful of reliable resources for the CAT exam.
When choosing one of these two exams, a student’s future goals play a huge part. Although both the exams have their merits and demerits, you should consider all the factors mentioned above to make an informed decision. If you are interested in pursuing your further studies abroad and want to keep all the options open, you might consider taking the GMAT exam. However, if you are sure that you won’t be going abroad under any circumstances and will be pursuing your MBA from India, the CAT exam will be the best option.
Top 10 GMAT Accepting Colleges in India
With the growing number of Indian students opting for the GMAT exam, students have a wide array of options to choose from. Their GMAT score and overall profile will determine the business school to which they are accepted. The following is a comprehensive list of Indian business schools that accept the GMAT:
|1||Indian School of Business (ISB)||Hyderabad||710|
|2||Indian Institute of Management (IIM-A)||Ahmedabad||702|
|3||Indian Institute of Management (IIM-B)||Bangalore||709|
|4||Indian Institute of Management (IIM-L)||Lucknow||710|
|5||Indian Institute of Management (IIM-C)||Calcutta||700+|
|6||Indian Institute of Management (IIM-K)||Kozhikode||650|
|7||Indian Institute of Management (IIM-I)||Indore||650|
|8||Xavier Labour Relations Institute (XLRI)||Jamshedpur||686|
|9||SP Jain Institute of Management and Research||Mumbai||660|
|10||Fore School of Management||Delhi||650|
Indian B-schools that require a 700+ GMAT score
Students’ GMAT scores and their general profile are taken into account when applying to top business schools. A score of 700+ is equivalent to the 88th percentile, which is a pretty decent score that can enable students to apply to top-ranking universities, both in India and abroad. Attaining this score requires a thorough GMAT study plan and at least two to three months of rigorous preparation.
If you wish to prepare for the exam on your own, you can refer to guides, apps and online GMAT forums. You can also use the official GMAT prep resources offered by the GMAC or opt for unofficial courses offered by Manhattan prep, Kaplan, and Magoosh. Although the score alone does not guarantee admission to a top MBA college in India, it will surely add more credibility to your profile.
Here are the top colleges in India that require a GMAT score of 700+ marks:
1. Indian School of Business (ISB)
2. Indian Institute of Management, Ahmedabad (IIM-A)
3. Indian Institute of Management, Bangalore (IIM-B)
4. Indian Institute of Management, Lucknow (IIM-L)
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Schools accepting GMAT scores below 700
Firstly, if you have a score less than 700, then you might think about retaking the exam if possible. A good GMAT score will enable you to target top business schools in India and abroad and stay one step ahead than others with lower scores. But if you are unable to sit for the exam again, you can target one of the below-mentioned business schools in India:
1. Indian Institute of Management, Indore (IIM-I)
2. Xavier Labour Relations Institute
3. Indian Institute of Management, Kozhikode (IIM-K)
4. Indian Institute of Management, Rohtak
5. Narsee Monjee Institute of Management Studies
Applying to other MBA programs
Although the number of Indian business schools accepting the GMAT has significantly increased, some schools still conduct their own exams for admission into the MBA program. Here is a list of other exams conducted in India besides CAT and GMAT:
1. MAT (Management Aptitude Test)
The All India Management Association administers the Management Aptitude Test, attempted by students interested in enrolling in MBA programmes at Indian universities. There are no stringent prerequisites for this exam. Therefore, it is suitable for students who did not perform well in their graduation years. Candidates appearing for the CAT, on the other hand, must have a bachelor’s degree with a minimum aggregate of 50%. This exam is conducted for four times every year and is slightly easier than the CAT.
2. XAT (Xavier Aptitude Test)
XLRI, Jamshedpur conducts this national-level management entrance examination for admission to MBA programmes. Students must have a bachelor’s degree to be eligible to appear for this exam. The exam takes place in January, and students get 180 minutes to complete 100 MCQ questions. Over 700 B-schools accept XAT scores for admission to their postgraduate management programmes, in addition to XLRI and ten other Xavier’s associate institutes.
3. CMAT (Common Management Admission Test)
The National Testing Agency (NTA) conducts the CMAT for admission to MBA programmes at various Indian business schools. There are 100 questions on data interpretation, general awareness, logical thinking, numerical ability, and language comprehension in this exam. The exam is three hours long, and candidates attain a score on a scale of 400 points.
NMAT, also commonly known as NMAT by the GMAC, is a student-friendly entrance exam that allows them to choose a date and venue that is convenient for them. The exam is conducted once a year and lasts for two hours. This exam is for admission to Narsee Monjee Institute of Management Studies (NMIMS) and other top Indian B-school and MBA colleges in South Africa, the Philippines, and Nigeria.
5. ATMA (Aims Test for Management Admission)
The Association of Indian Management Schools (AIMS) conducts the ATMA around 4-5 times a year. The exam tests the candidate’s ability to pursue higher education in management and allows them to get admission to top Indian Business schools.
6. SNAP (Symbiosis National Aptitude Test)
SNAP is a management entrance examination conducted by Symbiosis International University. The exam allows candidates to take up an MBA program offered by the 16 constituent colleges. The exam lasts for sixty minutes and comprises sixty objective-type questions. It takes place in December, and students have to appear for a Written Ability Test (WAT), Group Exercise (GE) and Personal Interaction (PI) after the exam.
Q1. 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.
Q2. How often can I retake the GMAT?
A person can take the GMAT up to five times in 12 months and no more than once every 16 days.
Q3. 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.
Q4. 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.
Q5. 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.
Q6. 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.
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