Top MBA Colleges Accepting GMAT in India and Abroad

Graduate Management Admission Test, GMAT is fast gaining popularity in India. In addition to International B-schools, the colleges accepting GMAT scores in India are more than a hundred. Top MBA colleges in India accepting GMAT include IIMs, ISB, XLRI, SPJIMR, and many other B-schools. GMAT is an adaptive computerized test taken by students pursuing management studies abroad. As a result of the pandemic, candidates have the option to take GMAT either at a test centre or online. The total duration of the current GMAT exam is 3 hours 7 minutes. The exam consists of four sections - Verbal Reasoning, Quantitative Reasoning, Integrated Reasoning, and Analytical Writing offering MCQs and Non-MCQ. The total number of questions in the first three sections is 79, with the analytical writing section consisting of only one descriptive question. GMAT examination fee for the test centre is USD 275 and USD 300 for the online examination respectively.

MBA through GMAT: Highlights

Exam Name	GMAT
GMAT Full Form	Graduate Management Admission Test
GMAT Conducting Body	GMAC (Graduate Management Admission Council)
Mode of Exam	Computer Based Adaptive Test (CBT)
GMAT Fees	US $250 (INR 18,700 approx)
GMAT Score Range	Min 200, Max 800
GMAT Contact Details	+91 120-439-7830, 9 a.m. to 6 p.m. Indian Standard Time Fax: +91-120-4001660. Email: GMATCandidateServicesAPAC@ pearson.com

Top Business Schools GMAT Cutoff

Most B schools in the world have set different GMAT cutoff scores. Other than MBA programs in the USA, a GMAT score is also required for MIM programs in European Universities. GMAT cutoff for the top business schools of the world are as follows

Top Business Schools	GMAT Score
Massachusetts Institute of Technology (MIT), Massachusetts	720
Stanford University	733
The University of California, Berkeley (UCB)	725
Harvard University, Massachusetts	729
The University of California, Los Angeles (UCLA)	719
The Hong Kong University of Science and Technology	770
The University of British Columbia, Vancouver	550
The University of Western Ontario, Ontario	661
University of Toronto	665
National University of Singapore, Singapore	670
Nanyang Technological University, Singapore (NTU)	662
London Business School, London	708
University of Oxford, England	690
The University of Melbourne, Melbourne	680
The University of Sydney, Sydney	600+
The University of New South Wales,(UNSW)	650-670
Wharton, University of Pennsylvania	722
McGill University	694

Indian Colleges Accepting GMAT Score

Colleges Names	Course Name	Duration	GMAT Cutoff Score	Average Fees	Average Salary Offered
IIM Ahmedabad	PGPX	12 Months	720	INR 21,00,000	INR 26,13,000-INR 33,00,000
IIM Calcutta	MBA Ex	12 Months	701	INR 27,00,000	INR 27,80,000
XLRI Jamshedpur	PGDM General Management	15 Months	710-730	INR 23,90,000	INR 25,08,000
IIM Indore	EPGP	15 Months	700+	INR 17,09,000	INR 23,60,000
IMT Ghaziabad	Post Graduate Diploma in Management	2 Years	699+	INR 17,50,000	INR 10,00,000-INR 15,00,000
MDI Gurgaon	National Management Programme (NMP)	15 Months	680-700	INR 21,34,000	INR 23,10,000
S.P Jain Institute of Management and Research (SPJIMR), Mumbai	PGPM	15 Months	650	INR 17,00,000	INR 25,86,000
IIM Bangalore	Executive Post Graduate Programme (EPGP)	12 Months	710	INR 23,00,000	INR 28,98,000
IIM Lucknow	Post Graduate Programme in Management	2 Years	710	INR 19,25,000	INR 26,00,000
Xavier University (XIMB)	MBA	2 Years	550	INR 10,80,000	INR 15,51,000

Top GMAT Accepting Colleges in the World

The following is the list of the top colleges in the USA, UK, Canada, and Australia that accept the GMAT score

MBA through GMAT: Colleges in the USA
College Names		Average GMAT Cutoff		Average Fees
Stanford University		737		INR 87,28,925
Kelloggs School of Management, Northwestern University		732		INR 96,78,812
Yale University		730		INR 76,22,490
University of Chicago		730		INR 106,87,774
University of Pennsylvania		730		INR 83,98,854
MBA through GMAT: Colleges in UK
College Names		Average GMAT Cutoff		Average Fees
London Business School		708		INR 95,57,156
University of Cambridge		690		INR 60,79,900
University of Oxford		690		INR 80,86,468
London School of Economics and Political Science (LSE)		708		INR 23,10,301
The University of Warwick		660		INR 45,26,971
MBA through GMAT: Colleges in Canada
College Names		Average GMAT Cutoff		Average Fees
University of Toronto		665		INR 77,26,249
University of British Columbia		650		INR 43,17,795
McGill University		694		INR 60,09,543
Université de Montréal		625		INR 443,723(per session)
York University		660		INR 64,56,110
MBA through GMAT: Colleges in Australia
College Names	Average GMAT Cutoff		Average Fees
University of Melbourne	705		INR 50,53,123
University of New South Wales	650		INR 49, 73,653.
Australian National University	600+		INR 23,14,441
University of Sydney	600+		INR 25,97,644-29,08,232
RMIT University	550+		INR 21,14,838

GMAT exam pattern comprises topics from Quant, verbal, integrated reasoning, and analytical writing. This detailed GMAT Exam pattern will help the candidates to plan for preparation. The four sections of the GMAT Syllabus cover 50 topics. Four sections of the GMAT are as follows:

Quantitative Reasoning	GMAT Quant section measures how well a test taker comes to conclusions using analytical skills and reasoning
Verbal Reasoning	GMAT Verbal measures how well a candidate reads and understands the written material and evaluates arguments out of it
Data Insights	The GMAT Data Insights section measures your ability to analyze and interpret data.

Top GMAT Accepting Colleges Abroad
Below are some of the top business schools in the world, including Asian B-schools that accept GMAT scores for MBA admission to their flagship programs. The approximate Average GMAT cut in 2023 for these B-schools is also mentioned:

MBA College	Average GMAT Cut off
Harvard Business School (United States)	730-740
Stanford Graduate School of Business (United States)	730-740
The Wharton School, University of Pennsylvania (United States):	720-730
London Business School (United Kingdom)	700-710
INSEAD (France/Singapore)	710-720
Kellogg School of Management, Northwestern University (United States)	720-730
Booth School of Business, University of Chicago (United States)	720-730
China Europe International Business School (China)	690-700
Nanyang Business School, Nanyang Technological University (Singapore)	660-670
Hong Kong University of Science and Technology Business School (Hong Kong)	660-670

Top 10 GMAT Accepting Colleges in India for One Year /2 year MBA

Almost all the one-year MBA colleges accept GMAT scores for admission. GMAT is the most widely used test for admissions to One Year MBA equivalent programs in India. The top ten 1 year MBA colleges accepting GMAT scores are shared below with the program name and duration for their One Year MBA Programs in India

One Year MBA college accepting GMAT Score	One-Year MBA Program Name		Program Duration
ISB Hyderabad and Mohali	Post Graduate Program in Management (PGP)		12 months full-time program
IIM Ahmedabad	PGPX-Post Graduate Program in Management for Executives (PGPX)		12 Months Full-Time MBA
IIM Bangalore	Executive Post Graduate Program (EPGP)		12 Months Full Time MBA
IIM Calcutta	MBA for Executives (MBA-Ex)		12 Months Full Time Program
XLRI Jamshedpur	PGDM (General Management		15 Months Full Time Program
SPJIMR, Mumbai	PGPM		15 Months Full Time Program
IIM Indore	EPGP		12 Months Full Time Program
Great Lakes Institute of Management Chennai	PGPM		15 Months Full Time Program
MDI Gurgaon	PGDM-BM		18 Months Full Time Program
IMI New Delhi	Executive -PGDM		18 Months Full Time Program
IMT Ghaziabad	PGDM-ExP		18 Months Full Time Program
K J Somaiya Institute of Management Studies & Research, Mumbai	PGDM-Executive		15 Months Full Time Program
FORE School of Management, New Delhi	PGPX		15 Months Full Time Program
LBSIM Delhi	PGDM Executive		15 Months Full Time Program
BIMTECH Greater Noida	PGPX		15 Months Full Time Program
2 Year MBA college Accepting GMAT score for Indian Students
2 Year MBA college Accepting GMAT score for Indian Students		Name of Flagship 2 Year MBA/PGDM Programme
SPJIMR Mumbai		Post Graduate Diploma in Management
IMT Ghaziabad		Post Graduate Diploma in Management
IMI New Delhi		Post Graduate Diploma in Management
Xavier University Bhubaneswar (XUB)		MBA- Business Management & other MBA programmes
Great Lakes Institute of Management Chennai		Post Graduate Diploma in Management
T A Pai Management Institute (TAPMI) Manipal		Master of Business Administration (MBA)
K J Somaiya Institute of Management Studies & Research, Mumbai		Master of Business Administration (MBA)
Goa Institute of Management (GIM) Goa		Post Graduate Diploma in Management
FORE School of Management, New Delhi		Post Graduate Diploma in Management
Lal Bahadur Shastri Institute of Management, Delhi		Post Graduate Diploma in Management
BIMTECH Greater Noida		Post Graduate Diploma in Management
MICA Ahmedabad		Post Graduate Diploma in Management-Communications
IFIM Business School, Bangalore		Post Graduate Diploma in Management