Top 50 Indian B-schools Accepting GMAT Scores

May 8, 2024

There are more than 100 institutes in India that accept GMAT scores for their business programs. This article provides valuable information about these institutes. For each program offered by these institutes, you will find details about the location, duration, cost, courses, well-known alumni, and the pay you can expect after you graduate. Note: Pay packages indicated are per annum

State College Name Place
Andhra Pradesh Gitam School of International Business (GSIB) Vishakapatnam
Chattisgarh Indian Institute of Management Raipur
New Delhi New Delhi
Goa Goa Institute of Management Goa
Gujarat Indian Institute of Management Ahmedabad
Haryana Indian Institute of Management Rohtak
Jharkhand
Jamshedpur
Ranchi
Karnataka
Bengaluru
Manipal
Mysore
Harihar
Tiruchirappalli
Madhya Pradesh Indian Institute of Management Indore
Maharashtra
Mumbai
Mumbai
Nagpur
Mumbai
Mumbai
Pune
Pune
Meghalaya Indian Institute of Management Shillong
Orissa Bhubaneshwar
Punjab Indian Business School Mohali
Rajasthan
Rajasthan
Udaipur
Tamil Nadu
Chennai
Vellore
Chennai
Chennai
Telangana Hyderabad
Uttar Pradesh
Lucknow
Ghaziabad
Greater Noida
West Bengal Kolkata

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1. ISB, Hyderabad and Mohali

Name of the college – Indian Business School
Average GMAT – Hyderabad: 705  Mohali: 708
Average work experience – 4 years
Tuition fees – INR 25,00,000
Location – Hyderabad and Mohali
Courses Offered

  • PGPM
  • Management Development Programmes
  • Custom Designed Programmes
  • PGPMAX • YLP-Young Leaders Programme
    Specialization
  • Entrepreneurship
  • Finance
  • Information and Technology Management
  • Operations Management
  • Marketing
  • Strategy and Leadership

The Industry specializations offered are

  •  Healthcare
  • Manufacturing
  • Public Policy
  • Infrastructure

Alumni

  • Neeraj Arora – Vice President at WhatsApp.
  • Ajith Andare – COO, Viacom.
  • Nalin Jain – CEO, GE Rail.
  • Sameer Khetarpal – SLT, Amazon.
  • Sriram Venkataraman – CFO, Flipkart.

Average pay package – INR 20,90,211

2. S.P Jain Institute of Management and Research, Mumbai

Name of the college – S.P Jain Institute of Management and Research
Average GMAT 650 for Indian applicants and 600 for international students.
Average Work experience – 5 years
Tuition fees

  • PGDM – INR 15,50,000
  • PGPM – INR 13,50,000
  • PGCIM – INR 5,20,000

Location – Mumbai
Courses Offered

  • PGDM
  • PGPM
  • PGCIM

Alumni

  • Rajesh Jejurikar – President and Chief Executive – Farm Equipment & Two Wheelers, Mahindra & Mahindra Ltd.
  • Madan Padaki – Co-founder and Director of Sylvant Advisors.
  • Sunil Lulla – Chairman and MD of Grey Group, India.
  • Girish Wagh – Sr. Vice President & Head Project Planning and Program Management of Tata Motors.
  • Shiju Radhakrishnan – Founder and CEO of iTraveller.com.
  • Pradeep Kar – Founder, Chairman, and Managing Director of Microland.

Average pay package – INR 19,30,000

3. IIM, Ahmedabad

Name of the college – Indian Institute of Management Ahmedabad
Average GMAT700
Average Work experience – 5 years
Tuition – INR 24,50,000
Location – Ahmedabad
Courses Offered

  • GPX-Post Graduate Programme in Management for Executives

Alumni

  • Ajay Singh Banga – President and Chief Executive Officer, MasterCard.
  • M. S. Banga – Senior Partner, Clayton Dubilier & Rice.
  • Sarthak Behuria – Former Chairman of Indian Oil Corporation; former Chairman and Managing Director of Bharat Petroleum.
  • Sanjeev Bikhchandani – Founder and Executive Vice Chairman, Infoedge and naukri.com.
  • Piyush Gupta – Chief Executive Officer, DBS Bank.
  • Madan Mohanka – Founder & Chairman, Tega Industries Ltd.
  • Kiran Karnik – Former President of NASSCOM; current Chairman of the National Committee on Telecom & Broadband at the Confederation of Indian Industry.
  • Mahendra Mehta – CEO, Vedanta Resources plc.
  • Shikha Sharma – Managing Director and Chief Executive Officer, Axis Bank.
  • Suresh Vaswani – President, Dell Services.
  • Ashok Vemuri – CEO of Conduent.
  • Rajesh Gopinathan – CEO and MD, Tata Consultancy Services.
  • Nelabhotla Venkateswarlu – Former CEO of Emami House.
  • Ajay Srinivasan – Chief Executive-Financial Services, Aditya Birla Group.

Average pay package – INR 22,14,000

4. School of Management, NMIMS, Mumbai

Name of the college – School of Management, NMIMS
Average GMAT600
Average Work experience – 2 years
Tuition

  • MBA – INR 17,50,000
  • MBA Pharma – INR 10,50,000
  • MBA HR – INR 17,50,000
  • MBA Family Business – INR 18,00,000
  • Executive MBA – INR 5,00,000
  • PGDM Bangalore/ Hyderabad/ Navi Mumbai/ Indore – INR 14,50,000

Location – Mumbai
Courses Offered

  • MBA
  • MBA Pharma
  • MBA HR
  • MBA Family Business
  • Executive MBA • PGDM Bangalore/ Hyderabad/ Navi Mumbai/ Indore

Alumni

  • Avani Davda – Ex-CEO, Tata Starbucks India.
  • Harish Iyer – LGBT activist.
  • Kiran Janjani – Actor.
  • Aruna Jayanthi – CEO, CapGemini India.
  • Rakesh Khanna – CEO and President, Syntel.
  • Deena Mehta – MD and CEO, Asit C. Mehta Investment Intermediates Ltd.
  • Nitin Rakesh – CEO and Director, Mphasis.
  • Kunal Shah – Co-founder, FreeCharge.
  • Gautam Shiknis – Founder and MD, Palador Pictures.
  • Chandni Jafri – CEO, Mumbai Angels.

Average Package – INR 17,58,000

5. IIM, Bangalore

Name of the college – Indian Institute of Management, (IIM-B) Bangalore
Average GMAT700
Average Work experience – 5 years
Tuition

  • PGP – INR 18,50,000 (Indian Candidate)
  • PGPPM –INR 11,60,000
  • PGPEM – INR 14,50,000 (To be paid in eight installments)

Location – Bangalore
Courses Offered

  • PGP
  • PGPPM
  • PGPEM

Alumni

  • Damodar Mall (PGP 1986) – CEO, Reliance Retail.
  • Deepak Ohri – CEO, Lebua Hotels & Resorts.
  • Malavika Harita (PGP 1982) – CEO, Saatchi & Saatchi Focus.
  • Sameer Suneja (PGP 1994) – Global CEO, Perfetti Van Melle.
  • Shashi Sinha (PGP 1981) – CEO, IPG India.

Average Package – INR 21,42,000

6. Great Lakes Institute of Management, Chennai

Name of the college – Great Lakes Institute of Management
Average GMAT650
Average Work experience – Fresher, or a maximum of 24 months of work experience
Tuition – INR 1,55,8000 (For Indian Students)
Location – Chennai
Courses Offered

  • PGPM
  • PGDM

Alumni –

Average Package – INR 12,33,000

7. IIM, Calcutta

Name of the college – Indian Institute of Management, (IIM-C) Calcutta
Average GMAT718
Average Work experience – 5 years
Tuition

  • PGPEX – INR 22,00,000
  • PGPEX-VLM – INR 11,25,000

Location – Kolkata
Courses Offered

  • PGP
  • PGPEX
  • PGPEX-VLM
  • PGDBA

Alumni

  • Ajit Balakrishnan – Founder and Chief Executive Officer of Rediff.com; Chairman of the Board of Governors of IIM Calcutta.
  • Vikrant Bhargava – Co-founder and Group Marketing Director, PartyGaming.
  • Ashish Chauhan – Managing Director and CEO, Bombay Stock Exchange.
  • Pranay Chulet – Co-founder and CEO of Quikr.
  • Sunil Duggal – Chief Executive Officer of Dabur.
  • Krishnan Ganesh – Serial entrepreneur, founder and CEO of TutorVista.
  • Meena Ganesh – Entrepreneur.
  • Sabyasachi Hajara – Chairman and Managing Director, Shipping Corporation of India.
  • Shantanu Khosla – MD of Procter & Gamble India.
  • Anand Kripalu – Managing Director and CEO, United Spirits Limited.
  • M. R. Madhavan – President and co-founder of PRS Legislative Research.
  • Deepak Mohoni – Stock market analyst, coined the term “Sensex”.
  • P M Murty – Former MD and CEO of Asian Paints.

Average Package – INR 20,00,000

8. XLRI, Jamshedpur

Name of the college – XLRI – Xavier School of Management
Average GMAT660
Average Work experience – 5 years
Tuition

  • PGDM (BM) INR 20,00,000
  • PGDM (HRM) INR 20,00,000
  • PGDM (GM) INR 18,50,000
  • EXE-FPM INR 8,50,000

Location – Jamshedpur
Courses Offered

  • PGDM (BM)
  • PGDM (GM)
  • PGDM (BM) part-time (JSR)
  • PGDM (Global BM)

Alumni

  • Muthuraman – Vice-Chairman, Tata Steel Ltd.
  • Krishnakumar Natarajan – CEO of MindTree.
  • Leena Nair – Global Senior Vice-President (Leadership & Organisation Development), Unilever plc.
  • Rakesh Kapoor – Chief Executive of Reckitt Benckiser plc.
  • Vineet Nayar – Vice-Chairman & Joint Managing Director, HCL Technologies Ltd.
  • Naveen Jain – Founder of inome, and Moon Express.
  • Arun Maira – Former Partner at Boston Consulting Group.
  • K. Pandiarajan – Co-Founder Ma Foi Management Consultants, MLA Virdhunagar, Tamil Nadu.

Average Package – INR 19,21,000

9. IIM, Lucknow

Name of the college – Indian Institute of Management, (IIM-L) Lucknow
Average GMAT700
Average Work experience – 6 years
Tuition – INR 16,00,000

  • Post Graduate Programme in Management [PGPM] – INR 14,16,000 Post
  • Graduate Programme in Agri-Business Management [PGP-ABM] – INR 14,16,000
  • Post Graduate Programme in Securities Markets [PGPSM] – INR 14,16,000
  • Working Managers Programme [WMP] – INR 12,65,000

Location – Lucknow
Courses Offered

  • Post Graduate Programme in Management [PGPM]
  • Post Graduate Programme in Agri-Business Management [PGP-ABM]
  • Post Graduate Programme in Securities Markets [PGPSM]
  • Working Managers Programme [WMP] – INR 12,65,000
  • International Programme in Management for Executives [IPMX]
  • Fellow Programme in Management [FPM]

Alumni

  • Gaurav Sabnis (Class of 2004) – Famous Indian blogger, known for The Indian Institute of Planning and Management (IIPM) advertising controversy.
  • Rahul Singh (Class of 1995) – Director, India Asia-Pacific Equity Research, Citigroup.
  • Sanjeev Agrawal – CEO, Homeshop18, ex CEO Pantaloons.
  • Rakesh Jha – Deputy CFO, ICICI Bank, India.
  • Shekhar Deshpande – Global Planning Director, J Walter Thompson, London.
  • Kameswara Rao – Partner & Leader, Power Sector practice, PwC India.
  • Sabaleel Nandy – Strategy Head, Tata Chemicals.
  • Nitin Seth (Class of 1996) – Managing Director & Country Head-India, Fidelity International.
  • Amitabh Thakur – Famous RTI activist and IPS.
  • Shanmughan Manjunath – Martyr and whistleblower.
  • Gaurav Agarwal – 2013 Civil Services topper, now an IAS officer.
  • Prabh Simran Singh – Head Google Consumer Industry, listed in Economic Times hottest 40 under 40.
  • Bhuwan Gaurav – Another Economic Times 40 under 40, former Head of Tanishq Industries, now CEO at 7Cs Group.
  • Ajit Thakur – CEO of Eros International’s motion pictures production, Former Head of Life OK and Channel V.
  • KV Pratap – Chief Economic Advisor, Prime Minister’s Office.
  • Kamal Gianchandani – Director, Emerging Markets, Credit Derivatives, Citigroup, HK.
  • Baburaj Pillai – Managing Director, Arohi Asset Management, Singapore.
  • Rakesh Kapoor – Managing Director, Pacific Brands.
  • Shashank Sinha – President, Sara Lee, Singapore & Malaysia.
  • Amit Banati – President, Cadbury, Asia Pacific.
  • Shailesh Jejurikar – Vice President-Home Care North America, P&G.
  • Dhimant Shah – Director, Emerging Markets Credit Derivatives, Citigroup, HK.
  • Vandita Pant – Global Head of Group Capital Planning, Group Treasury, Royal Bank of Scotland, London.
  • Lakshminarayana K R – Chief Strategy Officer, Wipro.
  • Rajeev Sabharwal – Executive Director, ICICI.
  • Tarun Tripathi (Class of 2002) – Head, Marketing and External Communication, Yash Raj Films.
  • Neeraj Gambhir (Class of 1995) – Managing Director & Head of Structured Finance and High Grade Credit – India, Nomura Fixed Income Securities Private Limited.
  • Anjali Mullatti (Class of 1993) – Co-Founder, CEO & M.D., Finitiatives Learning India Pvt. Ltd.; Trustee, The Manjunath Shanmugam Trust.
  • Vipul Sant (Class of 1989) – Director, License Compliance, Microsoft India.
  • Prabhat Awasthi (Class of 1994) – Head, Equities & Research, Lehman Brothers.
  • Jatin Suryawanshi (Class of 1994) – Head, US Algorithmic Trading, UBS Investment Bank, New York.

Average Package – The median salary for the 2015-17 batch was INR 18,45,000.

Source:- MHRD, National Institute Ranking Framework (NIRF)

10. IMT, Ghaziabad, Hyderabad, Nagpur & Dubai

Name of the college – Institute of Management Technology
Average GMAT – 690
Average Work experience – 3 years
Tuition – INR 15,00,000
Location

  • Ghaziabad
  • Hyderabad
  • Nagpur
  • Dubai

Courses Offered

  • Ghaziabad
  • Two-year Post Graduate Diploma in Management
  • Post Graduate Diploma in Management – PGDM-FT (In 2nd yr one can choose among Marketing, Finance, HR, Solutions and Consulting, Strategic Management and Analytics)
  • Post Graduate Diploma in Management – Finance
  • Post Graduate Diploma in Management – Marketing
  • Post Graduate Diploma in Management – Dual Country Program (DCP)- Student spend first year on Dubai Campus and second year at Ghaziabad.
  • Post Graduate Diploma in Management – Executive
  • Post Graduate Diploma in Management – Part-Time
  • Two-year full-time MBA programme
  • Doctoral programme (PhD) in Management
  • Management Development Programme for Executives
  • General Management Programme for Executives (GMPE)

Hyderabad PGDM (Post Graduate Diploma in Management)

  • 2-year full-time residential program is offered to students in:
  • PGDM (Core)
  • PGDM (Finance)
  • PGDM (Marketing) Executive PGDM The Executive PGDM is a 15-month weekend program designed for professionals with minimum three years of work experience. The program admits students with diverse background of academic, culture and business. Fellowship Program in Management (FPM) The Fellow Program in Management (FPM) at IMT Hyderabad culminates in the original research presented in a candidate’s doctoral thesis and conferment of the FPM.

Nagpur

  • Two-year Post Graduate Diploma in Management
  • Management Development Program (MDP)

Alumni

  • Sachin Pilot – Former Minister of State in the Ministry of Corporate Affairs.
  • Nimmagadda Prasad – Chairman, MAA TV; Vice Chairman & Founder, Matrix Laboratories.
  • Prasoon Joshi – Eminent advertising personality and Regional Creative Director, APAC, McCann Erickson.
  • Pranava Prakash – Noted Sociopop Artist.
  • Mini Mathur – Indian Host, Actress, Model.
  • Rajeev Karwal – Founder of Milagrow.
  • Prachi Tehlan – Actor, former National sportswoman.

Average Package – INR 11,00,000

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11. IIM, Indore

Name of the college – Indian Institute of Management, (IIM-I) Indore
Average GMAT690
Average Work experience – 5 years
Tuition

  • Indian Nationals: INR 18,00,000 
  • Foreign Nationals: US $45,000

Location – Indore
Courses Offered 

  • EPGP

Alumni –

Average Package – INR 16,23,000

12. IIM, Kozhikode

Name of the college – Indian Institute of Management Kozhikode
Average GMAT 650
Average Work experience – 5 years
Tuition

  • PGP – INR 8,75,000

Location – Kozhikode
Courses Offered

  • Post Graduate Programme in Management
  • Fellow Programme in Management
  • Executive Post Graduate Programme

Alumni

  • Manjunath Talwar – Founder & CEO at Hiree.
  • Kashyap Chanchani – Managing Partner at The RainMaker Group.

Average Package – INR 17,15,000

13. FMS, Delhi

Name of the college – Faculty of Management Studies
Average GMAT – FMS accepts GMAT only from foreign nationals; such candidates must have a minimum score of 650
Average Work experience – 2-3 years
Tuition

  • MBA – INR 10,480 per annum
  • MBA Executive – INR 50,000 per annum

Location – Delhi
Courses Offered

  • MBA
  • MBA Executive
  • MBA Executive Health Care Administration

Alumni

  • Anupama Verma – Model, actress, and television personality from Lucknow. She was a contestant on Bigg Boss 1 in 2006.
  • Harit Nagpal – MD & CEO, Tata Sky Ltd.
  • Ira Singhal – Indian Civil Services Examination Topper 2014 (conducted by UPSC).
  • Nishikant Dubey – Member of the 16th Lok Sabha of India. Represents the Godda constituency of Jharkhand, member of the BJP. He was also a member of the 15th Lok Sabha.
  • Raghav Bahl – Founding/Controlling Shareholder & Managing Director, Network 18.
  • Sandip Das – Managing Director, Reliance Jio Infocomm.
  • Sat Parashar – Head of the Banking Center at the Bahrain Institute of Banking and Finance, Director at the Indian Institutes of Management, and was also the director of the Indian Institute of Management Indore, India from 2004 to 2008.

Average Package – INR 20,60,000

14. TAPMI, Manipal

Name of the college – T. A. Pai Management Institute
Average GMAT650
Average Work experience – 3 years
Tuition

  • PGDM – INR 14,00,00
  • PGDM – HEALTHCARE – INR 9,50,000
  • PGDM – BKFS – INR 15,00,000

Location – Manipal, Karnataka
Courses Offered

  •  PGDM
  • PGDM – HEALTHCARE
  • PGDM – BKFS

Alumni

  • D N Prasad – Director for Google People Services (GPS).
  • Rajeev Jain – Chief Executive Officer of Bajaj Finance Limited.
  • Gurudas Pai – Director- Debt Capital Markets at The Royal Bank of Scotland (RBS).
  • Amit Chugh – CEO of Cosmos Ignite Innovations.
  • Simeran Bhasin – Sales Executive with Manipal Group of Hotels.
  • Mr. Sharad Agarwal – Head of Lamborghini India.

Average Package – INR 10,06,000

15. Dept. of Management, BITS Pilani, Rajasthan

Name of the college – Birla Institute of Technology and Science
Average GMAT – There is no cutoff score. Selection is based on the candidate’s profile. CAT and GMAT are considered
Average Work experience – 2 years
Tuition – INR 6,56,000
Location – Rajasthan
Courses Offered
MBA

  • MBA Consultancy Management
  • MBA Manufacturing Management
  • MBA Quality Management
  • MBA Finance

Alumni

  • Sanjay Mehrotra – Founder of SanDisk Products and Services.
  • Phanindra Sama – Founder of RedBus.in.
  • Dr. B. Sandhya, IPS – Additional Director General of Kerala Police.
  • Prithviraj Chavan – Chief Minister of Maharashtra from 2009 – 2014.
  • Gulu L. Mirchandani – Founder of Onida Electronics.

Average Package – INR 8,50,000

16. XIM, Bhubaneswar

Name of the college – Xavier Institute of Management, Bhubaneswar
Average GMAT550
Average Work experience – 3 years
Tuition

  • MBA BM – INR 15,40,000
  • MBA HRM – INR 15,40,000
  • MBA RM – INR 11,00,000
  • MBA SM – INR 11,00,000
  • EXECUTIVE MBA – INR 15,40,000
  • PhD (sponsored) – INR 6,00,000

Location – Bhubaneswar
Courses Offered

  • MBA in Business Management (MBA-BM)
  • MBA in Human Resource Management (MBA-HRM)
  • MBA in Rural Management (MBA-RM)
  • MBA in Sustainability Management (MBA-SM) • MBA in Global Management Leadership (MBA Global)
  • Executive Programme in Business Management
  • Executive Programme in Rural Management
  • Doctoral Programme PhD

Alumni

  • Joseph Hadrian Bosco (Class of 1996) – Senior Vice President, ICICI Securities Ltd.
  • Mohammed A. Alam (Class of 1996) – Head of Product Management, National Commercial Bank, Jeddah, Saudi Arabia.
  • Mitul Rustagi (Class of 1996) – Executive Director Business Development & Strategy, Johnson Controls Inc.
  • Pinaki Banerjee (Class of 1995) – Country Manager – South Asia, Pilkington Glasses-UK.
  • Pinaki Rath (Class of 1991) – MD, GoldMatrix Resources, Singapore.
  • Pinaki Mishra (Class of 1991) – Partner, Ernst & Young, India.
  • Prateek Agrawal (Class of 1994) – Head – Equities, Bharti AXA Investment Managers.
  • Ravikumar Sangaselli (Class of 1997) – AVP, Infosys Technologies Ltd.
  • Rajendra Kumar Mishra (Class of 1991) – Founder & CEO, Indea Capital, Singapore.
  • Sidharth Rath (Class of 1992) – Senior Vice President – Capital Market, UTI Bank.

Average Package – INR 13,18,000

17. IIFT, Delhi & Kolkata

Name of the college – Indian Institute of Foreign Trade
Average GMAT – GMAT only for Foreign Students. Indian students are required to write the IIFT exam.
Average Work experience – 3 years
Tuition

  • MBA IB – INR 15,20,000
  • Executive Courses – INR 3,50,000
  • Certificate Course – INR 75,000
  • PGP – Executive Post Graduate Diploma in Capital And Financial Market – INR 3,60,000
  • PGD – Executive Post Graduate Diploma in Industrial Marketing – INR 3,60,000
  • PGD – Executive Post Graduate Diploma in International Business – INR 3,60,000
  • MBA International Business – INR 14,50,000
  • MBA Part time – INR 8,00,000

Location

  • Delhi
  • Kolkata

Courses Offered

  • PGP – Executive Post Graduate Diploma in Capital And Financial Market
  • PGD – Executive Post Graduate Diploma in Industrial Marketing
  • PGD – Executive Post Graduate Diploma in International Business
  • MBA International Business
  • MBA Part-time

Alumni

  • S.K. Roongta – Former Chairman of Steel Authority of India Ltd.
  • Rashesh Shah – Founder of Edelweiss Capital.

Average Package – INR 18,41,000

18. Goa Institute of Management, Goa

Name of the college – Goa Institute of Management
Average GMAT
Average Work experience – 2 years
Tuition

  • PGDM – INR 15,21,700
  • PGDM HealthCare Management – INR 8,19,000

Location – Goa
Courses Offered

  • PGDM
  • PGDM HealthCare Management
  • PGDM Big Data Analytics

Alumni

  • Ketan Hajarnavis (Batch 1997-99) – Director – India Business, Executive Consultant & Client Partner at ThoughtWorks.
  • Sachin Kapoor (Batch 2001-03) – Leader of Vendor Strategy and Operations at Google.
  • Samarjeet Singh (Batch 1995-97) – Director-Founder of Iksula.
  • Balendu Shrivastava (Batch 1998-2000) – Head of Measurement at Facebook, India.
  • Benzi Alex Mathew (Batch 1999-2001) – Client Relationship Director at ZS Associates.

Average Package – INR 8,50,000

19. K.J.Somaiya Institute of Management Studies & Research, Mumbai

Name of the college – K. J. Somaiya Institute of Management Studies and Research
Average GMAT – GMAT score is applicable to only those applicants who fill the form under NRIs / Foreign Nationals and PIOs
Average Work experience – Information not available
Tuition – INR 11,99,000
Location – Mumbai
Courses Offered

  • Executive – PGPM
  • Master in Management Studies [MMS] (Finance)
  • Master in Management Studies [MMS] (Human Resource)
  • Master in Management Studies [MMS] (Operations)
  • Master in Management Studies [MMS] (Marketing)

Alumni

  • Piyush Jha – Novelist, Film Director.
  • Lata Pillai – Director, Deutsche Bank.
  • Shyam Motwani – Executive VP & Business Head, Godrej & Boyce Mfg. Co. Ltd.
  • Prakash Nair – Advertising Senior VP, Ogilvy & Mather.
  • Llyod Mathais – CMO, Hewlett Packard India.
  • Anuj Bhargava – CEO, AB Associates.
  • Sheetal Daftary – Director, KPMG.
  • Somanathan Ranganathan – Chief Operating Officer – South East Asia, Starcom Mediavest Group.
  • Srinivasan Krishnamachary – Executive Director, JP Morgan.

Average Package – INR 9,40,000

20. School of Management and Entrepreneurship – Shiv Nadar, Mumbai University, Greater Noida

Name of the college – Shiv Nadar University – School of Management and Entrepreneurship
Average GMAT – Not specified.
Average Work experience – 2 years
Tuition – Master of Business Administration – INR 12,09,000
Location – Greater Noida
Courses Offered

  • Master of Business Administration

Alumni

Average Package – INR 6,00,000 to INR 8,00,000

21. MICA, Ahmedabad

Name of the college – Mudra Institute of Communications
Average GMAT – There is no cut-off. Can also use CAT scores.
Average Work experience – 2 years
Tuition – PGDM-C is INR 14,50,000
Location – Ahmedabad
Courses Offered

  • Postgraduate Diploma in Management in Communications (PGDM-C)
  • Fellow Program in Management-Communications (FPM-C)
  • Crafting Creative Communications (CCC)

Alumni

  • Manmeet Vohra – Heads Marketing for Starbucks India.
  • Charu Harish – Heads Planning for APAC Region for the Grey Group.
  • Rajat Tuli – Founder of Happily Unmarried, a company known for funny and unique gifts.
  • Kunal Jeswani – CEO of Ogilvy India.
  • Saurabh Verma – CEO of Leo Burnett India.
  • Arpita Sangha – Global Marketing Head, HP.
  • Sandeep Arora – Global Head, Research & Analytics Solutions at Datamatics Global Services.

Average Package – INR 11,30,000

22. IMI Kolkata

Name of the college – International Management Institute (IMI) Kolkata
Average GMAT 650
Average Work experience – 2 years
Tuition – INR 11,50,118
Location – Kolkata
Courses Offered

  • Post Graduate Diploma in Management (PGDM)
  • Fellow Programme in Management (FPM)

Alumni – Information is not available

Average Package – INR 8,50,000

Grab your free copy of ‘Demystifying GMAT FE’

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23. VIT Business School, Vellore

Name of the college – VIT Business School
Average GMAT – GMAT accepted. No specific cut-offs.
Average Work experience – Some executive work experience will be preferred
Tuition – INR 5,98,000
Location – Vellore
Courses Offered

  • MASTER OF BUSINESS ADMINISTRATION [MBA]

Alumni

  • Puru Govind – COO Retail, SAP.
  • Mr. B. Chittibabu – Chairman & Managing Director, BBIPL Infrastructure (India) Pvt Ltd.

Average Package – INR 4,50,000

24. Birla Institute of Management Technology, Noida

Name of the college – Birla Institute of Management Technology (BIMTECH)
Average GMAT – Valid GMAT score. No cut-offs specified
Average Work experience – Two years
Tuition

  • Post Graduate Diploma in Management (PGDM) – INR 11,00,000
  • PGDM (International Business – INR 11,00,000
  • PGDM (Insurance Business Management) – INR 8,50,000
  • PGDM (Retail Management) – INR 8,50,000

Location – Greater Noida
Courses Offered

  • Post Graduate Diploma in Management (PGDM)
  • PGDM (International Business)
  • PGDM (Insurance Business Management)
  • PGDM (Retail Management)

Alumni – Not Found.

Average Package – INR 7,35,000

25. IIT-DMS, Madras

Name of the college – Department of Management Studies, IIT Madras (DoMS)
Average GMAT – GMAT only for foreign students. CAT for Indian candidates.
Average Work experience – 2 years
Tuition – INR 1,89,000 per annum
Location – Chennai
Courses Offered

  • Master of Business Administration (MBA) at IIT Madras is a two-year, full-time management programme
  • Post Graduate Programme for Executives for Visionary Leadership in Manufacturing (PGPEX-VLM)
  • PhD programme in management

Alumni

  • T. K. Alex – Director at ISRO Satellite Centre, Bangalore, 2008–2012.
  • Hemendra Aran – CEO and founder of Aranca.
  • Krishna Bharat – Creator of Google News; Principal Scientist at Google.
  • Bhaskar Bhat – Managing Director of Titan Co. Ltd.
  • Jayas Damodaran – CEO of Boston Technology Corporation.

Average Package – Information is not available

26. ISBF, Delhi

Name of the college – Indian School of Business & Finance
Average GMAT – 500+ (Optional)
Average Work experience – Optional
Tuition

  • Post Graduate Diploma in Management – INR 5,13,229
  • Post Graduate Diploma in Economics – INR 4,80,000
  • Post Graduate Diploma in Finance – INR 4,80,000

Location – New Delhi
Courses Offered

  • Post Graduate Diploma in Management
  • Post Graduate Diploma in Economics
  • Post Graduate Diploma in Finance

Alumni

  • Nikhil Vijay Galapure – Market Research Analyst at TCS.
  • Preynasha Sahni – Compensation Analyst at UBS Investment Bank.

Average Package – INR 5,00,000

27. IIM, Ranchi

Name of the college – Indian Institute of Management Ranchi
Average GMAT600
Average Work experience – 5 years
Tuition – INR 12,50,000
Location – Ranchi
Courses Offered

  • Post-Graduate Diploma in Management (PGDM) Programme
  • Post-Graduate Diploma in Human Resource Management
  • Post-Graduate Programme in Management for Executives
  • Fellow Programme in Management (FPM)

Alumni

Average Package – INR 14,80,000

28. School of Management – SRM University, Chennai

Name of the college – School of Management – SRM University
Average GMAT – Marks – 500/800
Average Work experience – Not mentioned
Tuition – INR 5,00,000
Location – Chennai
Courses Offered

  • Master of Business Administration – MBA
  • Master of Business Administration – MBA – Banking and Financial Services
  • Integrated MBA (5 years)

Alumni

  • Abhay Jodhpurkar – Singer.
  • Neeraj Madhav – Actor.
  • Niveda Thomas – Actor.
  • Murali Vijay – Cricketer.

Average Package – INR 6,00,000

29. IIM, Rohtak

Name of the college – Indian Institute of Management Rohtak
Average GMAT – good GMAT/ CAT score will help in getting the candidature shortlisted quickly
Average Work experience – 3 years
Tuition – INR 11,75,000

  • Post Graduate Programme in Management (PGP) : 5,25,000 yearly
  • Executive Post Graduate Programme in Management (EPGPM) : 6,10,000 yearly
  • Executive Training (MDP): Sponsored programmes also known as Open programmes
  • Fellow Programme in Management (FPM) : Scholarship based programme thus tuition fee is waived off

Location – Rohtak
Courses Offered

  • Post Graduate Programme (PGP)
  • Executive Post Graduate Programme (EPGP)
  • Fellow Programme in Management (FPM)
  • Management Development Programme (MDP)
  • Faculty Development Programme (FDP)

Alumni

  • Simmi  Deputy Manager at Tata Teleservices Ltd
  • Stuti Kohli Assistant Manager- Corporate Strategy at Spicejet
  • Joshika Dikshit (Consultant – Wipro Ltd)

Average Package – INR 12,30,000

30. National Institute of Securities Markets, Mumbai

Name of the college – National Institute of Securities Markets
Average GMAT45O +
Average Work experience –Six months and above in any intermediary approved by SEBI/RBI/IRDA will be given credit, as per weights mentioned in the PGPSM admission brochure.
Tuition – INR 3,30,000
Location – Mumbai
Courses Offered

  • Post Graduate Diploma in Management (Securities Markets) (PGDM(SM))
  • Post Graduate Programme in Securities Markets (PGPSM)
  • Post Graduate Diploma in Quantitative Finance (PGDQF)
  • Certificate in Securities Law (CSL)
  • Certificate in Treasury Management (CTM)
  • Post Graduate Diploma in Financial Engineering and Risk Management (PGDFERM)
  • Post Graduate Diploma in Data Science (PGDDS)

Alumni

Average Package – INR 5,50,000

31. IIM, Shillong

Name of the college –Indian Institute of Management, (IIM – Shillong)
Average GMAT – CAT (percentile of the test taken in either of the years 2014 or 2015) and/GMAT® (scores for the past three years). Appropriate relaxations may be granted for candidates with strong managerial/supervisory role experience.
Average Work experience – 5 years
Tuition – For Indian Nationals: INR 13,00,000
Location – Shillong
Courses Offered

  • PGPM
  • PGPEx
  • FPM

Alumni

Average Package – INR 14,80,000

32. FLAME, Pune

Name of the college – FLAME University – The Pioneers of Liberal Education in India
Average GMAT – There is no minimum score
Average Work experience – 5 years
Tuition – INR 11,30,000
Location – Pune
Courses Offered

  • MBA
  • MBA (Communication Management)

Alumni

Average Package – INR 5,30,000

33. IIM, Tiruchirappalli

Name of the college – Indian Institute of Management Tiruchirappalli
Average GMAT600
Average Work experience – 3 years
Tuition – INR 12,00,000
Location – Tiruchirappalli, Tamil Nadu
Courses Offered

  • PGPM two-year full-time Post-Graduate Programme in Management (PGPM) 
  • FPM Four-year full time residential doctoral programme Fellow Programme in Management
  • PGPBM two year Postgraduate Programme in Business Management (PGPBM)

Alumni

Average Package – INR 13,01,000

34. Mysore Royal Academy, MYRA School of Business, Mysore

Name of the college – MYRA School of Business
Average GMAT – No specific cut-offs
Average Work experience – 5 years
Tuition – Post Graduate Diploma in Business Management (PGDM) – INR 10,00,000
Location – Mysore
Courses Offered

  • Post Graduate Diploma in Business Management (PGDM)
  • Post Graduate Program for executives (PGPX) 
  • Global MBA

Alumni

Average Package – INR 8,00,000

35. IIM, Udaipur

Name of the college – Indian Institute of Management Udaipur
Average GMAT620
Average Work experience – 4 years
Tuition – The course fee for PGP and PGPX is around INR 11,35,000 and INR 6,50,000 (excluding taxes) respectively.
Location – Udaipur
Courses Offered

  • Post Graduate Programme (PGP)
  • Fellow Programme in Management (FPM)
  • Post Graduate Programme in Management for Executives PGPX)
  • Management Development Programme for Women Entrepreneurs (MDPWE)

Alumni

Average Package – INR 12,00,000

36. Kirloskar Institute of Advanced Management Studies

Name of the college – Kirloskar Institute Of Advanced Management Studies
Average GMAT
Average Work experience
Tuition – Information not available
Location – Harihar, Karnataka
Courses Offered
Alumni

  • Dipak Jain, Vice President Corporate Banking, The Hongkong & Shanghai Banking Corporation Ltd, Class of 2004-06
  • N Srilakshmi, Insurance Department, Meraas Holding LLC, Dubai, Class of 2004-06
  • Sandeep Tarayil, Consultant – Financial Crime & Compliance, Actimize Inc., Georgia, USA, Class of 2006-08
  • Susmita Mishra, Human Resource Business Partner, Sandvik Coromant India & South East Asia, Class of 2006-08
  • Priyanka Eluri, Head Outsourcing, MTR Foods Pvt Ltd, Class of 2008-10
  • Jitender Singh, Project Manager, Decathlon Sports India, Class of 2000-2002
  • Basharat Abbas, Founder and CEO, Enthusionz Services Pvt. Ltd., Class of 2009-11
  • Sudeshna Srivastava, Senior Manager, HR, Genpact India, Class of 2001-03

Average Package – Information not available

37. IIM, Raipur

Name of the college – Indian Institute of Management Raipur
Average GMAT – Domestic Candidates (in India) – CAT , International Candidate (outside India) – GMAT
Average Work experience – 3 years
Tuition

  • PGP – INR 10,26,000
  • PGPWE – INR 6,43,000
  • EFPM – INR 5,53,000

Location – Raipur
Courses Offered

  • Post-Graduate Programme in Management (PGP) 
  • Fellow Programme in Management (FPM)
  • Post Graduate Programme in Management for Working Executive (PGPWE) 
  • Executive Fellow Program in Management (EFPM)

Alumni – Information not available

Average Package – INR 12,51,000

38. GITAM School of International Business, Visakhapatnam

Name of the college – Gitam School of International Business (GSIB)
Average GMAT – GMAT for MBA. 500 – 800.
Average Work experience – Not mentioned.
Tuition

  • MBA – International Business – INR 7,50,000
  • MBA (Global Logistics and Supply Chain Management) – INR 7,50,000
  • MBA (International Banking and Finance) – INR 7,50,000

Location – Visakhapatnam
Courses Offered

  • MBA – International Business
  • MBA (Global Logistics and Supply Chain Management)
  • MBA (International Banking and Finance)

Alumni

  • Mr. Anand Kumar Raju Vegesna, Director Resource Management & Talent Development, Air Liquide Global E&C Solutions, Frankfurt, Germany
  • Mr. Sarath Chandra, Senior Category Manager, Microsoft, New Delhi, MBA 2001
  • Mr. Sapthagiri Chapalapalli, Director – Central Europe, Tata Consultancy Services, Frankfurt, Germany, BBM 1995
  • Mr. Venugopal Palteru, National Sales Manager – North Africa, GSK Consumer Health Care Ltd, Cairo, Egypt, MBA 1998

Average Package – INR 5,00,000

39. Apeejay School of Management, New Delhi

Name of the college – Apeejay School of Management
Average GMAT – 500 Marks
Average Work experience – Not mentioned.
Tuition – PGDM (Full Time) & PGDM (Full Time) in International Business (IB)
Location – New Delhi
Courses Offered –  PGDM
Alumni – No Information

Average Package – INR 3,70,000

40. Asian School of Business Management (ASBM), Bhubaneswar

Name of the college – Asian School of Business Management (ASBM)
Average GMAT – Exams accepted are CAT, MAT, XAT, CMAT, GMAT. No specific cut-offs for GMAT.
Average Work experience – Not mentioned.
Tuition – Post Graduate Diploma in Management (PGDM) – INR 5,96,600
Location – Bhubaneswar
Courses Offered – Post Graduate Diploma in Management (PGDM)
Alumni – Not found.

Average Package – INR 3,50,000

41. School of Management, International Institute of Management, Bhubaneswar

Name of the College – School of Management (IMI)
Average GMAT – GMAT accepted. 600 and above.
Average Work experience – Not mentioned.
Tuition

  • POST GRADUATE DIPLOMA IN MANAGEMENT (PGDM) – INR 8,07,000
  • POST GRADUATE DIPLOMA IN MANAGEMENT – INR 3,15,000

Location – Bhubaneswar
Courses Offered

  • POST GRADUATE DIPLOMA IN MANAGEMENT (PGDM)
  • POST GRADUATE DIPLOMA IN MANAGEMENT

Alumni

  • Navneet Goel, Sr. Executive, First Source Limited
  • Mr. Nipun Sachdeva, Marketing Manager, Kotak Securities
  • Bibhu Prasad Rath, Associate Research Manager, IMRB International, Bangalore
  • Aastha Bansal, Associate Research Manager, IMRB International
  • Jubin Joseph, Business Consultant, Capgemini India

Average Package – INR 7,50,000

42. Delhi School of Business, Delhi

Name of the college – Delhi School of Business
Average GMAT – GMAT accepted. No specific average. CAT, MAT, XAT, CMAT are also accepted.
Average Work experience – Not mentioned.
Tuition – Post Graduate Diploma in Management (PGDM) – INR 8,00,000
Location – Delhi
Courses Offered – Post Graduate Diploma in Management (PGDM)
Alumni – No found.

Average Package – INR 5,50,000

43. SDM Institute for Management Development, Mysore

Name of the college – SDM Institute for Management Development
Average GMAT – GMAT accepted. No specific average.
Average Work experience – Not mentioned.
Tuition

  • Two-Year Post Graduate Diploma in Management (PGDM – Full-Time Residential) – INR 10,07,000
  • PGDM + PGCPM – INR 3,00,000 Location – Pune Courses Offered
  • Two-Year Post Graduate Diploma in Management (PGDM – Full-Time Residential) • PGDM + PGCPM ((MAT/CAT/XAT/ATMA/any other state level test.) to be eligible)

Alumni – No found.

Average Package – INR 6,50,000

 

We hope you found the information useful. We’re sure that you can make a well-informed decision, and apply to the appropriate institutes and programs.

Speak To Our Expert GMAT Advisors.

Evaluate your fitment For GMAT Focus Edition

Frequently asked questions

Why did GMAC create a new version of the GMAT?

The new GMAT Focus Edition was designed to be more test-taker-friendly, shorter in duration, and to focus on skills relevant to business school admissions. It also aims to compete with the GRE, which has been gaining popularity among MBA applicants.

Can test-takers change their answers in the GMAT Focus Edition?

Yes, test-takers can bookmark and change the answers to up to 3 questions per section in the GMAT Focus Edition. This is in contrast to the traditional GMAT where answers cannot be changed once submitted.

How is the scoring system different in the GMAT Focus Edition?

The GMAT Focus Edition introduces a new score scale ranging from 205 to 805, with each score ending in a 5, unlike the traditional GMAT’s 200-800 range. Additionally, all three sections (Quantitative, Verbal, and Data Insights) contribute equally to the total score in the GMAT Focus Edition.

What are the changes in question types in the GMAT Focus Edition?

The GMAT Focus Edition excludes Geometry and Sentence Correction questions, incorporates Data Sufficiency into the Data Insights section, and focuses on Critical Reasoning and Reading Comprehension in the Verbal Reasoning section.

How long is the GMAT Focus Edition compared to the traditional GMAT?

The GMAT Focus Edition is significantly shorter, with a total testing time of about 2 hours and 15 minutes, compared to the traditional GMAT which lasts a little over 3 hours.

Are old GMAT scores still valid with the introduction of the GMAT Focus Edition?

Yes, old GMAT scores will remain valid for 5 years, and the new GMAT Focus Edition will be gradually accepted by more business schools over time.

How does the GMAT Focus Edition's Data Insights section differ from the traditional GMAT's Integrated Reasoning section?

The Data Insights section in the GMAT Focus Edition focuses on analyzing data and interpreting charts, graphs, and tables, while the Integrated Reasoning section in the traditional GMAT includes questions that require multiple skills like quantitative reasoning, verbal reasoning, and graphical interpretation.

Is the GMAT Focus Edition more challenging than the traditional GMAT?

The GMAT Focus Edition may be considered more challenging for some test-takers due to its focus on critical thinking and data analysis, while the traditional GMAT may be more challenging for others due to its longer duration and broader range of question types.

How often can I take the GMAT Focus Edition compared to the traditional GMAT?

Just like the traditional GMAT, the GMAT Focus Edition can be taken up to 5 times within 12 months, with a minimum of 16 days between each attempt.

Can I use the same GMAT prep materials for the GMAT Focus Edition as for the traditional GMAT?

While some GMAT prep materials may still be relevant for the GMAT Focus Edition, it’s recommended to use prep materials specifically designed for the GMAT Focus Edition to ensure familiarity with the new format and question types.

Do all business schools accept the GMAT Focus Edition?

While the GMAT Focus Edition is gradually being accepted by more business schools, it’s important to check with the specific schools you’re interested in to ensure they accept the new format.

How does the GMAT Focus Edition's test-taker-friendly format benefit students?

The GMAT Focus Edition’s shorter duration and flexibility to change answers may benefit students by reducing test anxiety and providing a more comfortable testing experience.

How does the GMAT Focus Edition's focus on data analysis align with the business school curriculum?

The GMAT Focus Edition’s emphasis on data analysis and critical thinking aligns with the skills needed for success in business school and in the workplace.

Can I still use the same practice tests for the GMAT Focus Edition as for the traditional GMAT?

While some practice tests may still be relevant for the GMAT Focus Edition, it’s recommended to use practice tests specifically designed for the new format to ensure familiarity with the new question types and scoring system.

How does the GMAT Focus Edition's new Data Insights section measure analytical skills?

The GMAT Focus Edition’s Data Insights section measures analytical skills by presenting test-takers with data in various formats and requiring them to interpret and analyze the information.

How does the GMAT Focus Edition's new format align with the changing needs of business schools?

The GMAT Focus Edition’s new format aligns with the changing needs of business schools by emphasizing critical thinking and data analysis skills, which are increasingly important in the business world.

How does the GMAT Focus Edition's new format affect the cost of the exam?

The GMAT Focus Edition’s new format does not significantly affect the cost of the exam, as the registration fee remains the same as for the traditional GMAT.

Is a mini GMAT available?

There is no test called the “mini GMAT” as such. However, some people do refer to the Executive Assessment (EA) as the “mini GMAT” since it is a shorter test compared to the GMAT. However, the EA scores can only be used by candidates who have several years of work experience and a great deal of seniority and want to apply to Executive MBA programs. This test cannot be used as a replacement for the GMAT Focus Edition Test.

Speak To Our Expert GMAT Advisors.

Speak To Our Expert GMAT Advisors

Written by Arun J.

Arun, India's leading GMAT and MBA expert, has coached over 30,000 students in his 20-year EdTech career. His alumni have made it into top business schools including Harvard, Stanford, Wharton, and ISB.

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