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SupportColleges Accepting GMAT Scores - Fees, Admission, Placements
Around 191 colleges are accepting GMAT scores in India. The list of top GMAT accepting colleges in India includes IIM Ahmedabad, IIM Bangalore, MDI Gurgaon, SPJIMR, and so on. These institutes offer 2-year full-time MBA/PGDM, 1-year PGP, blended MBA and other management programs. Some colleges like IIMA, MDI Gurgaon, IIMB, and others require a bachelor’s degree and GMAT scores as minimum eligibility. However, a few institutes like ISB, IIM Lucknow, and XLRI Jamshedpur require relevant work experience with a bachelor’s degree for MBA admission. The cost of studying at top GMAT institutes in India typically ranges from INR 16 lakh to INR 38 lakh+. Read on to know which colleges accept the GMAT in India and other relevant details.
Table Of Contents
- CLAT PG: All About CLAT Postgraduate Exam for LLM
Why are GMAT Scores Important for MBA Admissions in India?
GMAT scores play a crucial role in MBA admissions because they help institutions assess students' academic skills and their suitability for the programme. A good score can strengthen your applications and maximise your chances of getting admission to a desired MBA program. Here is why the GMAT scores are crucial for MBA admissions in India:
- It reveals your aptitude for MBA studies.
- It helps institutions compare all candidates fairly.
- Good GMAT scores can enhance your admission chances at leading MBA colleges.
- The GMAT is a globally recognised exam that can enhance your overall MBA application and profile.
Explore GMAT Cutoff Details
Top 10 GMAT Accepting Colleges in India- Complete List
Top 10 GMAT accepting Colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, MDI Gurgaon, SPJIMR, and so on. All these colleges offer different management programs with varying course durations. For example, IIM A accepts GMAT scores for the 2-year MBA full-time program for international applicants. On the other hand, ISB accepts GMAT scores for admission to its 1 Year PGP Programme. Check the complete details about the top colleges accepting GMAT scores in India:
| GMAT Colleges in India | Programs Offered | Eligibility |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
Bachelor’s degree, with at least 50% marks or equivalent CGPA (45% for Scheduled Caste (SC)/Scheduled Tribe (ST)/Persons with Disabilities (PwD)) |
|
Indian Institute of Management Bangalore |
2-Year Full-Time MBA |
A Bachelor’s degree or equivalent qualification (from at least a three-year programme) in any discipline with a minimum of 50% marks or equivalent Cumulative Grade Point Average (CGPA) from a recognised university/institute |
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
Bachelor’s degree, with at least 50% marks or equivalent CGPA (45% for Scheduled Caste (SC)/Scheduled Tribe (ST)/Persons with Disabilities (PwD)) |
|
Indian School of Business |
1 Year PGP Programme |
Bachelor's degree with 24+ months of work experience |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
A bachelor’s degree or equivalent professional qualification (CA/CS/ICWA) with a minimum of three years of full-time work experience |
|
Management Development Institute, Gurgaon |
2-Year Full-Time PGDM |
Bachelor's Degree |
|
K J Somaiya Institute of Management |
2-Year MBA Programme |
Minimum 50% aggregate in your graduation from a recognised university |
|
S. P. Jain Institute of Management and Research |
2-Year PGDM Programme |
Bachelor’s degree with at least 50% marks or equivalent CGPA in any discipline |
|
XLRI Jamshedpur |
18-Month Full-Time PGDM (GM) |
Bachelor’s degree of at least three years in any discipline. Additionally, they should have a minimum of three years of managerial or supervisory experience |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
Bachelor’s degree in any discipline with a minimum of 60% across 10th, 12th & UG |
Check out the full GMAT Syllabus
Top GMAT Accepting Colleges in India with Fees Structure
The fee structure of top GMAT colleges in India depends on the program type and its duration. For example, IIM A charges around US$ 50,000 for the 2-year MBA program through GMAT. On the other hand, IIMC charges around USD 65,000 for a 2-year full-time MBA program. However, ISB 1-Year PGP fees are around INR 38,67,160. Hence, candidates must carefully compare the fee structure across all the colleges and decide on the option that matches their budget and interests.
| GMAT Accepting Colleges in India | Programs Offered | Total Fees |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
US$ 50,000 |
|
Indian Institute of Management Bangalore |
2-Year Full-Time MBA |
Rs. 26,00,000 |
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
USD 65,000 |
|
Indian School of Business |
1 Year PGP Programme |
INR 38,67,160 |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
INR 14,95,000 |
|
Management Development Institute, Gurgaon |
2-Year Full-Time PGDM |
$38,668 |
|
K J Somaiya Institute of Management |
2-Year MBA Programme |
INR 23.87 Lakh |
|
S. P. Jain Institute of Management and Research |
2-Year PGDM Programme |
INR 24.86 Lakh-INR 34.77 Lakh+ |
|
XLRI Jamshedpur |
18-Month Full-Time PGDM (GM) |
INR 25.9 lakh |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
INR 16,03,000 |
Key Difference Between GMAT Online vs In-Person Exam
Private Vs Government Colleges Accepting GMAT Score
Candidates can also compare private and government GMAT colleges in India in terms of fees, placements, and other aspects. Government GMAT accepting colleges in India are IIM Ahmedabad, IIM Bangalore, IIM Calcutta, etc. On the other hand, private GMAT Colleges in India include ISB, MDI Gurgaon, SPJIMR, etc. Check the complete details below:
Private Colleges Accepting GMAT
The fees of private GMAT colleges in India usually range from INR 16 Lakh to INR 38 Lakh+ for MBAP/PGP/PGDM program. Check complete details below:
| Private GMAT Colleges in India | Programs Offered | Fees |
Average Package |
|
Indian School of Business, Hyderabad |
1 Year PGP Programme |
INR 38,67,160 |
INR 37.29 LPA (2026) |
|
Management Development Institute, Gurgaon |
2-Year Full-Time PGDM |
$38,668 |
INR 29.5 LPA (2026) |
|
K J Somaiya Institute of Management |
2-Year MBA Programme |
INR 23.87 Lakh |
INR 29.30 LPA (Highest Package) |
|
S. P. Jain Institute of Management and Research |
2-Year PGDM Programme |
INR 33.75 LPA (2026) |
|
|
XLRI Jamshedpur |
18-Month Full-Time PGDM (GM) |
INR 25.9 lakh |
INR 28.68 (2025) |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
INR 16,03,000 |
INR 15 LPA (2025) |
Government Colleges Accepting GMAT
The fees of Government GMAT colleges in India usually range from INR 14 Lakh to INR 26 Lakh+ for MBAP/PGP/PGDM program. Check complete details below:
| Government GMAT Colleges in India | Programs Offered | Fees |
Average Package |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
US$ 50,000 |
INR 35.22 LPA (2025) |
|
2-Year Full-Time MBA |
Rs. 26,00,000 |
INR 35.35 LPA (2026) |
|
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
USD 65,000 |
INR 36 LPA (2026) |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
INR 14,95,000 |
NA |
Explore MBA College Comparisons
Admission Process of Top GMAT Colleges in India
The admission process is different in every GMAT accepting colleges in India. Along with GMAT scores, institutes consider candidates’ interview performance, academic records, work experience, and so on. For example, the IIMA admission process includes evaluation of factors like GMAT scores, performance in AWT & PI, academic, co-curricular and extra-curricular achievements, work experience, etc for admission to 2-year full-time MBA programs. Here is the detailed admission process of B Schools Accepting GMAT in India
| GMAT Colleges in India | Programs Offered | Admission Process |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
GMAT scores, performance in AWT & PI, academic, co-curricular and extra-curricular achievements, work experience etc. |
|
Indian Institute of Management Bangalore |
2-Year Full-Time MBA |
GMAT scores, quality of work experience (if any), performance in the writing ability test and the interview |
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
GMAT scores, performance in the PI, academic diversity and work experience |
|
Indian School of Business |
1 Year PGP Programme |
GMAT Scores, Interview, academic records, professional experience, extracurricular activities, essays, awards and recognitions, and recommendations. |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
Shortlisting, Interview Stage (IS), and Final Admission Stage (AS) |
|
Management Development Institute, Gurgaon |
2-Year Full-Time PGDM |
GMAT and Personal Interviews |
|
K J Somaiya Institute of Management |
2-Year MBA Programme |
GMAT, WAT-PSA-PI |
|
S. P. Jain Institute of Management and Research |
2-Year PGDM Programme |
GMAT, relevance of work experience (if any) and performance in the two rounds of group interviews. |
|
XLRI Jamshedpur |
18-Month Full-Time PGDM (GM) |
GMAT and Interview |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
GMAT, past academic performance, work experience and performance in the AI-proctored interview and personal interview. |
Also Check ISB Hyderabad GMAT Score vs Acceptance Rate
GMAT Scores for Indian B Schools
The GMAT scores vary from institute to institute for MBA/PGP/PGDM admissions. For example, the ISB GMAT score is in the range of 575-795 for GMAT Focus and 640-780 for GMAT Classic for Class of 2027. Similarly, there are many IIMs accepting GMAT scores for MBA admission. Check the complete details below:
| GMAT Colleges in India | Programs Offered | GMAT Scores |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
GMAT Exam (Previous Format): 720 GMAT Focus Edition: 665 |
|
Indian Institute of Management Bangalore |
2-Year Full-Time MBA |
High: 770 Low: 680 Average: 719 Median: 720 |
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
735 |
|
Indian School of Business |
1 Year PGP Programme |
GMAT Classic: 640-780 GMAT Focus: 575-795 |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
GMAT: 200 to 800 = 600 GMAT Focus: 205 to 805 = 600 |
|
S. P. Jain Institute of Management and Research |
2-Years PGDM Programme |
GMAT Percentile (Overall): 85 |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
GMAT: 600-760 percentile |
Important Resources for MBA Aspirants
| CAT 2026 Details | FMS Delhi Ranking |
| XAT Exam Pattern | ISB Hyderabad Eligibility |
MBA Colleges Accepting GMAT in India - Placement Statistics
Candidates should also review the placement records to understand the average package and top recruiters. It helps them determine ROI to make an informed decision. In MBA 2026 placements, the average package of IIMB was INR 35.35 LPA, whereas IIMC's average package stood at INR 36 LPA for 2026 for the 2-year MBA program. On the other hand, the ISB PGP average package was INR 37.29 LPA for the 2026 batch. Check the placement statistics of MBA Colleges accepting GMAT in India shared below:
| GMAT Accepting Colleges in India | Programs Offered | Average Package |
|
Indian Institute of Management Ahmedabad |
2-Year Full-Time MBA |
INR 35.22 LPA (2025) |
|
Indian Institute of Management Bangalore |
2-Year Full-Time MBA |
INR 35.35 LPA (2026) |
|
Indian Institute of Management Calcutta |
2-Year Full-Time MBA |
INR 36 LPA (2026) |
|
Indian School of Business |
1 Year PGP Programme |
INR 37.29 LPA (2026) |
|
Indian Institute of Management Lucknow |
Blended Master of Business Administration (bMBA) |
NA |
|
2-Year Full-Time PGDM |
INR 29.5 LPA (2026) |
|
|
K J Somaiya Institute of Management |
2-Years MBA Programme |
INR 29.30 LPA (Highest Package) (2026) |
|
S. P. Jain Institute of Management and Research |
2-Years PGDM Programme |
INR 33.75 LPA (2026) |
|
XLRI Jamshedpur |
18-Months Full Time PGDM (GM) |
INR 28.68 (2025) |
|
Great Lakes Institute of Management |
2-Year Post Graduate Diploma in Management (PGDM) |
INR 15 LPA (2025) |
Explore MBA Colleges
| MBA Colleges in India | MBA Colleges Kolkata |
| MBA Colleges Chennai |
How to Select the Right GMAT Colleges in India
Choosing the right GMAT college in India is as crucial as it can shape your career. You should compare colleges based on your career goals, fees, placements, and course quality before applying. You can consider the following factors when shortlisting GMAT Colleges in India for MBA:
- Examine the institute’s ranking, accreditation and overall reputation.
- Check if the college aligns with your career plans.
- Look at the placement records, which include average packages and participating recruiters.
- Review the program structure and specialisations.
- Consider the overall fees and return on investment.
- Check the required GMAT score range and set your targets accordingly.
Key Information About MDI Gurgaon
| MDI Gurgaon MBA Fees | MDI Gurgaon MBA Placements |
| MDI Gurgaon CAT Cut-off |
Nidhi Priya
Nidhi Priya has over 6 years of experience in EdTech content and SEO. She specializes in content strategy, organic growth, and mentoring editorial teams, with previous experience at iQuanta, CollegeDekho, and Careers360.