Top MBA Colleges Accepting GMAT Score 2024

The Graduate Management Admission Test (GMAT) is a standardized test that is widely accepted by business schools around the world for admissions into MBA programs. It assesses analytical writing, quantitative, verbal, and reading skills in written English. Aspiring MBA candidates often choose the GMAT to showcase their skills and potential to top business schools. In 2024, several esteemed MBA colleges continue to recognize the GMAT as a key component of their admission process. Secure Admission in Top MBA Colleges Accepting GMAT Score 2024 right now!

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Top MBA Colleges Accepting GMAT Score

1. Xavier School of Management, Jamshedpur

Xavier School of Management (XLRI, formerly Xavier Labour Relations Institute) is a private business school in India accepting GMAT scores for its full-time Business and General Management Programs from Indian, non-resident Indian, or international candidates with five years’ work experience.

The 2023-2024 class of the Business Management program is made up of 232 students with an average of 19 months’ work experience.

2. Management Development Institute (MDI), Gurgaon

MDI Gurgaon was one of the earliest management and research institutions in India, meaning it boasts a strong network of alumni across the world. Currently, it has around 9,000 alumni working across 45 countries.

It is one of the top b-schools in India for recruiters and maintains a 100% placement record. In 2022, there were 87 recruiters, including 35 new, and 391 students placed.

It accepts GMAT scores for Indian candidates to its full-time Executive MBA Programs, in Business Management, Public Policy and Management, and Business Administration.

3. SP Jain Institute of Management & Research (SPJIMR), Mumbai

One of the top MBA colleges in India, SPJIMR has a unique program, including a three-week international immersion program in which participants travel to a globally top-ranked business school to learn experiential insights about evolving global business practices.

The school also offers top career opportunities. The 2021-2023 class’s average Cost-to-Company (CTC) was INR 33.02 lakh per annum ($40,300), with 92% having a CTC of more than INR 25 LPA.

Fast-moving consumer goods (FMCG) firms were the highest recruiter on campus. FMCG firms recruited 35% of the batch, with offers from sector leaders such as Colgate-Palmolive, Unilever Limited, L’Oréal, and Nestle. Secure Admission in Top MBA Colleges Accepting GMAT Score 2024 right now!

You need a bachelor’s degree with at least 50% marks or equivalent in any discipline from a recognized university to apply for the MBA. GMAT entrance scores are accepted, and both new graduates and candidates with a maximum of five years of work experience can apply for the program.

4. Institute of Management Technology (IMT), Ghaziabad

IMT Ghaziabad is one of the top schools in India that considers GMAT-taking candidates for both MBA and PGP Management programs. It boasts a diverse cohort with 43% of the batch from a non-engineering background, close to 40% with prior work experience, and representation from 25 states in India, with an average age of 23.

The 2021-2023 MBA class enjoyed a 13.4% CTC increase from the previous year in its placements across 150 companies. BFSI and IT/ ITES were the top recruiting sectors.

IMT Ghaziabad’s requires students to take the GMAT four years before application.

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5. TA Pai Management Institute (TAPMI), Manipal

TAPMI Manipal, which accepts GMAT for application to its MBA programs, has a strong alumni network with more than 5,000 scattered across the globe.

A specialized part of its curriculum is the TAPMI’s Young Leader Program (YLP), which focused on developing leadership abilities through executive internship arrangements at reputed organizations.

6. MICA, Ahmedabad

Located in the north-west of India, MICA Ahmedabad is one of the top b-schools accepting GMAT scores to its business programs.

It has a strong reputation for strategic marketing and communication, and very good career opportunities. Its most recent class enjoyed a 100% placement rate with analytics, BFSI, and consulting emerging as the top sector with 39 offers.

7. Xavier Institute of Management (XIM), Bhubaneswar

XIMB has a diverse community of students from a range of backgrounds. The 2023 placement highlights has 356 students receiving placements in desirable sectors such as BFSI, IT, and consulting. Key roles offered were product manager, equity and credit analyst, and consultant.

Applicants for the MBA or the EMBA can apply with the GMAT.

8. Great Lakes Institute of Management, Chennai

The Great Lakes Institute of Management Postgraduate Program of Management and Research class is on average 26 years old and had an average of 3.4 years’ work experience.

In the placement rounds, companies represented include Bank of America, Bosch, Samsung, PWC, and KPMG. GMAT is accepted for entry to the PGP Management.

9. International Management Institute (IMI), New Delhi

IMI’s New Delhi’s 2021-2023 business administration class came largely from engineering and commerce backgrounds. Secure Admission in Top MBA Colleges Accepting GMAT Score 2024 right now!

More than 100 companies participated in the final placements 2021-23, ranging from sectors such as banking, financial services, BFSI; also consulting, e-commerce, edtech, FMCD, FMCG, IT/ITES, healthcare, manufacturing, and telecoms.

Candidates can apply using a GMAT score and their academic record.

10. FORE School of Management, New Delhi

In 2023, FORE School of Management had a class of 369 students, 40% of whom were female, who came from a variety of backgrounds, with 33% from marketing, 24% from finance, and 15% from international business.

In the final placements, there were 152 recruiting companies represented, 50 of which were new recruiters. Companies included Accenture, Barclays, and BMW.

The Postgraduate Diploma in Management (PGDM) accepts the GMAT.

GMAT Highlights

Several features of GMAT makes it a student friendly entrance test. Let’s look at the top features of GMAT below.

·         GMAT is a computer-based adaptive test. Three attempts are allowed to each candidate. The difficulty level of the subsequent exam is based on the candidate’s previous performance.

·         Unlike CAT or XAT, GMAT is not conducted on a particular date. Candidates can choose a date to take the exam as per convenience.

·         Candidates can make three attempts at GMAT. Score of the last attempted exam is considered for admission test.

·         GMAT score is valid up to five years and accepted for admission to over 7,000 Management courses in over 2,300 colleges/universities across India.

·         The GMAT syllabus includes Analytical Writing, Integrated Reasoning, Quantitative Reasoning and Verbal Reasoning.

·         GMAT application process is online. Candidates can register and fill the GMAT application form online.

·         In 2020, GMAT moved to remote proctoring method for conducting test sessions. Now, candidates can take GMAT from home or at a centre.

Top MBA Colleges Accepting GMAT Score 2024

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