List of Indian Business Schools Accepting GMAT Scores

For these planning for a post-graduate enterprise diploma from an Indian enterprise college, the CAT and the GMAT are the preferred entrance examination decisions although there are different exams together with the XAT, CMAT, ATMA, MAT together with the Widespread Entrance Exams for numerous states.

With extra Indian enterprise faculties accepting the GMAT rating, many MBA aspirants are actually choosing the GMAT. The GMAT rating is legitimate for an extended interval and will also be used to use to worldwide packages.
 

GMAT India statistics

In line with information from GMAC, right here’s the full variety of GMAT exams taken in India:

 
Every legitimate GMAT rating might be despatched to a number of packages. In 2020, 73,037 scores had been despatched (which means every legitimate rating was despatched to roughly 3 packages), out of which 79.3% had been despatched to MBA packages, 18.9% had been despatched to Enterprise Grasp’s whereas 1.8% had been for Doctoral and different packages.

14,143 of those scores had been despatched to Indian packages in 2020, which constitutes 19.4% of the full scores despatched; this proportion was decrease at 17.3% in 2016.

This means that there was an elevated curiosity in Indian MBA packages amongst Indian GMAT take a look at takers despite the truth that the variety of GMAT exams taken in India has proven a decline within the final 4 years.

ADVERTISEMENT

On this article, we’ve coated a few of the high MBA packages in India that settle for GMAT scores. A few of these packages require obligatory work expertise whereas others do not need any minimal work expertise standards.
 

High Indian enterprise faculties that settle for GMAT scores

 
NMIMS, IIFT enable GMAT rating for use just for NRI or international nationals.

Applications supplied by ISB, IIMA, IIMB, IIMC and IIM Indore have earned worldwide recognition by making its approach to the distinguished FT (Monetary Instances) world MBA rankings.
 

Indian Faculty of Enterprise

The Indian Faculty of Enterprise (ISB) PGP program is without doubt one of the high decisions among the many Indian MBA program. With campuses in Hyderabad and Mohali and a global alternate programme, this full-time one-year residential program has been one of many most-sought after MBA packages for Indian aspirants.

Candidates with 2-20 years of expertise are eligible to use. The common work expertise of the incoming college students is 3.75 years.

GMAT scores are legitimate for a five-year interval. With a imply GMAT rating of 707 and a median of 710, the latest batch of 2021 recorded a median wage of INR 27.13 lakhs.  

The payment for the tutorial 12 months 2022-23 is INR 39,63,000 plus taxes consists of tuition, boarding and lodging.

Learn extra about ISB Hyderabad / Mohali.
 

Indian Institute of Administration Ahmedabad

Among the many IIMs, the one 12 months full-time residential MBA-PGPX has earned a strong status through the years. Whereas the common GMAT rating is over 700, the common work expertise is over 8 years. GMAT scores are legitimate for 5 years.

A minimal of 4 years of full-time work expertise is required to use. This system consists of an Worldwide Immersion that permits college students to be concerned in two intensive weeks of teachers in a global location. This system payment for the 2022-23 batch is INR 30 lakhs.
 

Indian Institute of Administration Bangalore

The one-year full-time EPGP at IIMB is one other high program for skilled professionals. Work expertise of 5-12 years is required to have the ability to apply. The latest batch has a median work expertise of seven.42 years.

GMAT scores as much as 5 years from utility date can be utilized to use. The common GMAT rating was 690. The imply wage for the 2020 batch was 29.88 lakhs. This system payment is INR 29 lakhs together with tuition, lodging and worldwide immersion.
 

Indian Institute of Administration Calcutta

IIM C’s one-year full-time residential program – MBAEx is fitted to these with greater than 5 years of labor expertise. The latest batch (2021-22) had a median GMAT rating of 685, common age of 30.6 years and a median work expertise of 8.1 years.

GMAT scores taken inside 3 years are legitimate. The common wage of the batch of 2020 was INR 26.24 Lakh. This system payment for 2022-23 shall be INR 27 lakhs.
 

Indian Institute of Administration Indore

The one-year EPGP supplied by IIM Indore is one other program that has made it to the FT world MBA rankings. A minimal of 5 years of labor expertise is obligatory whereas making use of. GMAT scores as much as 5 years from the applying date can be utilized.

The common GMAT rating for the 2021-22 batch is 650 whereas the common age is 32 years and the common work expertise is 9.1 years. This system payment is INR 22, 11,800.
 

Indian Institute of Administration Lucknow

IIM Lucknow affords the one-year residential IPMX at its NOIDA Campus. 5 years of labor expertise and a sound GMAT rating is required to have the ability to apply. The common work expertise is 8.3 years.

This system payment is INR 23,50,000 which incorporates tuition payment, lodging and meals fees. It additionally consists of prices incurred in the course of the Abroad Module. The common CTC of the batch of 2020 was INR 21.56 lakhs with the best package deal being INR 52.96 lakhs.
 

Xavier Faculty of Administration (XLRI)

XLRI accepts the GMAT scores for its Ex-PGDM (Basic) program. This program which was earlier often called GMP is a fifteen-month lengthy full-time residential program and in addition consists of 3 months of field-based coaching in a practical space.

The common age of the incoming batch is 29 years with the common work expertise being round 6 years. Candidates are required to have a minimal of 5 years of labor expertise. This system payment is INR 20 lakhs for the 12 months 2022-23.

The batch of 2021 acquired a median wage of INR18.5 lakhs and the best wage of INR 34.3 lakhs.

NRI or international candidates can apply to different XLRI packages as properly utilizing the GMAT rating.
 

IMT (Institute of Administration and Expertise)

IMT affords two-year full-time PGDM packages. It has campuses in a number of cities; the unique campus was established in1980 in Ghaziabad. The programs supplied embrace PGDM Full Time, PGDM Advertising, PGDM Finance, PGDM Banking and Monetary Providers (BFS)

IMT Nagpur began in 2004. These programs are supplied on the Nagpur campus – PGDM, PGDM (Monetary Administration), PGDM (Advertising)

The latest addition, IMT Hyderabad which was arrange in 2011 affords PGDM Basic, PGDM Advertising PGDM Finance.

Freshers in addition to college students showing for his or her final-year diploma examination can apply. GMAT scores might be as much as 4 years outdated. The common CTC is INR 12.42 lakhs.

The tutoring payment is kind of low at INR 1.11 lakhs for 2 years.
 

Administration Growth Institute (MDI)

MDI additionally accepts the GMAT rating for its PGDM, PGDM-HRM, PGPM-IB packages. For the PGDM and PGDM-HRM, no work expertise is required and ultimate 12 months college students can even apply. (3-year bachelor’s diploma is accepted). The payment for the two-year PGDM/PGDM-HRM is INR 21.34 lakhs.

For the PGPM-IB program, not less than 4 years of bachelor’s diploma and 1 12 months work expertise is required to qualify. The payment for the PGDM-IB two-year program is INR 25 lakhs.
 

Nice Lakes

PGDM – The 2-year, PGDM is an efficient alternative for these with lower than 2 years of labor expertise. Freshers can even apply. The common age of the batch is 23 years with 1.2 years being the common work expertise.

PGPM – These with greater than 2 years of labor expertise can apply to the PGPM program. This one-year full-time program consists of an non-obligatory semester overseas and short-term worldwide immersions. Candidates with distinctive profiles are thought-about even with lower than 2 years of labor expertise.
 

SP Jain Institute of Administration & Analysis (SPJIMR)

SPJIMR’s two-year full-time PGDM is one other program that doesn’t require any work expertise. College students of their ultimate 12 months can even apply. GMAT rating as much as 3 years outdated can be utilized to use.

This system payment for 2021-23 for Indian college students is INR 19 lakhs which incorporates tuition payment, lodging and World Quick Observe.
 

SDA Bocconi Asia Middle

The IMB program includes two 11-month modules together with a 4 month lengthy worldwide immersion spent in Milan, Italy on the Bocconi campus. Freshers, ultimate 12 months college students in addition to professionals with lower than 5 years of labor expertise can apply.

For the 2019-21 batch, the common age was 24 years; 42% of the scholars had been from engineering background. The common work expertise was 1.5 years whereas the common wage was INR 11.43 lakhs.
 

MICA

The PGDM-C and PGDM are two-year residential administration packages with a give attention to advertising and communications. Work expertise is just not obligatory. Candidates showing for his or her ultimate exams in Bachelor’s can even apply.

The packages embrace a 8-10 week lengthy summer season internship on the finish of the primary 12 months in addition to a 7 day rural immersion program. This system price is INR 21 lakhs which incorporates charges, residential fees and infrastructure facility fees. The batch of 2020 acquired a median wage of INR 13.9 lakhs and the best wage of INR 58.2 lakhs.
 

T. A. Pai Administration Institute (TAPMI)

TAPMI affords 4 totally different packages – MBA, MBA- Banking and Monetary Providers (MBA-BKFS), MBA- Human Useful resource Administration (MBA-HRM) and MBA- Advertising (MBA-Advertising)

Work expertise is just not required, ultimate 12 months college students can apply. GMAT scores as much as 5 years from utility date can be utilized. This system Price for Indian nationals is INR 16 lakhs for two years and INR 3.45 lakhs for hostel charges. The common salaries throughout the packages vary from INR 9.3 lakhs to INR 11.2 lakhs.
 

Masters’ Union

The lately launched PGP TBM program acquired off to an excellent begin which is mirrored within the placement statistics of its first graduating batch. The common CTC of the whole batch is INR 29.12 lakhs whereas freshers acquired a median CTC of INR 23.20 lakhs.

Work expertise is just not a obligatory requirement, nonetheless 2-4 12 months {of professional} expertise is most popular. This system consists of trade immersion the place college students can immerse themselves for 4 months in an organization or trade of their alternative.

The common age of the incoming batch is 25.7 years and the common work expertise is 3 years. The common GMAT Rating is 705. This system payment is INR 20 lakhs plus GST (INR 3.6 lakhs)
 
Additionally take a look at:
– GMAT preparation information
– How I acquired into IIMA, IIMB and IIMC and scored a hat-trick
 
References: 1, 2