Are you Looking for MBA colleges accepting GMAT in India?
go no further… we've listed down top MBA colleges which accept GMAT in India.
As you may know…
Masters in business administration is one of the most popular degree programs in India as well as abroad.
Students from India travel to foreign countries for an MBA. The course offers specialization in finance, marketing, HR, and many more domains.
Some colleges even provide dual specialization and offer domains like IT for secondary option.
It's a vibrant option because it offers several career paths for you. You get to work as a marketer, manager, and can even start your own business with the skills you learn in the top B schools.
Earlier CAT, MAT, and CMAT were the most popular entrance tests for getting a seat in the top MBA college colleges in India. But, nowadays, GMAT has become the most crucial entrance exam of time.
What is GMAT?
Graduate management admission test (GMAT) is an international level MBA entrance test. GMAC (Graduate Management Admission Council) conducts GMAT for more than 7,100 management courses around the world.
GMAT is administered in approximately 114 countries across 600 centers worldwide.
The registration for this test is open throughout the year, and that’s how it's one of the most flexible entrance examinations.
You can take the examination as per the available exam centers and dates as decided by the organizers.
The registration fee for the course is USD 250. The rescheduling fee is $50, and the cancellation fee is $80 for this examination.
About the test
GMAT is a computer adaptive examination in which you have a total of 80 questions. The test has an entirely different timing where you are given 3 hours and 7 minutes to accomplish your paper.
The test is divided into four sections, which are Analytical Writing Assessment, Integrated Reasoning, Verbal Section, and Quantitative. The score and percentile of applicants are calculated based on all four parts.
The average accepted GMAT score varies from country to country and college to college. The test scores are published approximately after three weeks of examination, which is not a long period.
Since GMAT registration is open throughout the year, you can try it multiple times. The maximum number of times someone can take the test is 5 in a year.
If you are taking the continuous examination, the gap between two successive tests must be at least 16 days.
GMAT in India
The test entirely belonged to outside India and was not an examination to get top MBA colleges in India.
Earlier, only those who want to join a top B school outside India used to apply for the exam. But, in recent years, some colleges of India have also started selecting students based on GMAT score.
Some people even believe that GMAT has replaced the CAT, which was the most prominent MBA entrance exam in India earlier.
Colleges in India that accept GMAT score
Many students in India take GMAT examination to study abroad, but couldn't make it due to some issues.
Things used to become hard when they hadn't appeared in any other tests like CAT and MAT. If you are one of those, now it’s time to be happy.
Several top colleges in India has started shortlisting students based on GMAT score.
If you are one of those who haven't taken CAT or MAT but has GMAT score, you can still apply in many top MBA colleges in India. More than 100 colleges in India have started accepting GMAT score.
Here are some of the Top Colleges that Accept GMAT Score in India
1. ISB, Hyderabad campus & Mohali campus
The college is offering world-class business education since 2001. The college holds two campuses, one in Hyderabad and the other in Mohali, Punjab.
The colleges select students for their one-year management degree program based on the GMAT score of candidates.
2. S.P. Jain Institute of Management and Research, Mumbai
The college offers a two-year long management degree program which is equivalent to MBA. The college fills the seats based on the GMAT score in addition to CAT and XAT.
The average GMAT score cutoff of the college is 600 for international and 650 for home applicants.
3. IIM, Ahmedabad
The Indian Institute of Management, Ahmedabad accepts GMAT score for admission in the course Post-Graduate Programme in Management for Executives (PGPX).
Sadly, the GMAT score is accepted for only international students for certain programs such as PGP & PGP-FABM. The average accepted score for the campus is at least 695.
4. IIM, Bangalore
Indian Institute of Management, Bangalore offers Executive Post Graduate Diploma in Management (EPGP).
It is a one-year long program which is only for people who are already into the field and possess 4-6 years of experience. The average cut off for the college is 710.
5. Great Lakes Institute of Management, Chennai
The institute offers Post Graduate Diploma in Management (PGDM) and selects students based on their GMAT score.
The college profile will suggest that there is no minimum GMAT cutoff score, but the reviews from alumni mark it an average of 650 scores.
6. IIM, Calcutta
Indian Institute of management, Calcutta offers Post-Graduate Programme in Management for Executives (PGPX) under GMAT score.
The minimum GMAT score requirement for this course is 680 on the campus.
Also Read: 10 Best Engineering colleges in India.
7. XLRI, Jamshedpur
Xavier Institute of management, Jamshedpur offers a 15 months long postgraduate diploma in management (PGDM).
Three domains of the course are available and the GMAT score cutoff is also different for each course.
The average score for business management is 720 and for human resource management, it's 710.
You can see that not only private colleges, but the Indian institutes of management (IIM) also accept the GMAT score.
IIMs are considered as the best B schools of India, and now you have the opportunity to enter these institutions with your GMAT score.
The general GMAT score required for admission in the top MBA colleges in India varies from 600 to 800 according to college and the marks secured by different students.
Since GMAT is a Computer Adaptive test, it gets adjusted according to the ability level of the examinee.
The student who is taking the exam has to answer every question, and he/she cannot go to the previous question during the test.
If you answer right, your difficulty level will be increased and when you answer wrong, its decreased.
GMAT has now become the best marketing and business management entrance exam because now you don't have to take multiple tests to apply in different places.
This one entrance test can help you secure seats in India as well as abroad. So, if you are thinking to join the best MBA college in India, GMAT is your way now.