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Top MBA Colleges Accepting GMAT in India and Abroad

By universitykart team, Posted on Jul 08, 2024
Top MBA Colleges Accepting GMAT

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

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