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Top 12 GMAT Colleges in India : Know Programs, Fee & Package

GMAT Colleges in India Who Accepting GMAT

Apart from the very known CAT Exam, the GMAT is another way to land in your dream B-school. Here, we will be covering everything essential that an aspirant should know to ace GMAT and apply to their target B-schools. Before we dig deep to the top 12 GMAT Colleges in India Who Accepting GMAT, let first know a few essentials:

GMAT Colleges in India

What Exactly is GMAT?

GMAT, Graduate Management Aptitude Test, is an aptitude test conducted by Graduate Management Admission Council (GMAC). Earlier it used to be in the limelight for getting an admission offer from international B-schools, but since the past few years, it has taken India by a  storm, gaining immense popularity and has become a good option to land a foot at Top B-Schools in India also.

The GMAT process is a different one and aspirants should know the prerequisites for attempting the exam. One major prerequisite is a valid passport, it is a mandatory ID proof required for attempting GMAT in India. Coming to the Exam Pattern, the exam is divided into 4 sections. Follow the below exam pattern for details:

The Exam is a mix of Multiple-Choice Questions and Subjective parts. The duration of the GMAT exam is 187 minutes. Hence, the candidates need to practice and plan accordingly.

The maximum marks for GMAT is 800, a score of 700+ is considered as a good score. For giving GMAT, the candidate needs to schedule the exam at their own comfortable slot. An Applicant can apply for a maximum of 8 times a lifetime. 5 attempts maximum in a year.

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The list of Top 12 GMAT Colleges in India 

Now Coming to the main question, the Indian colleges accepting GMAT. Read on.

1. Indian School of Business (ISB)

GMAT accepting college ISB

Location: Hyderabad and Mohali

Fees : 34 Lakh

Average Package : 34.08 LPA

Program : PGP
The major programme to pursue at ISB is its Post Graduate Programme (PGP) which is a 12 Months Full-Time residential programme. ISB accepts candidates with a Full-Time work experience of at least 24 months.

Top Recruiters: Microsoft, Google, Landmark Group, HCL Technologies, Bain and Company, Electronic Arts, Honeywell, ZS Associates. The Companies with the major offers made are from Consulting, IT, BFSI, E-Commerce,FMCG, Health Care, in that order. With a total of 2066 offers made which translates to 2.32 offers per student.

These schools we will be mentioning in this list of Top 12 GMAT Colleges in India scores surely will not require an introduction, but still we will be briefing a bit to provide appropriate exposure to the aspirants. The Top- Ranked in the list is a globally recognized B-school that has been in the limelight since years, is the very renowned Indian School of Business, ISB. The programme of ISB is ranked #32 in the world FT rankings, #4 in Asia FT rankings, with an alumni base of 13000+.


Must Read : Top 11 B-Schools With Best ROI


2. Indian Institute of Management (IIMs)

Top IIMs also come under the GMAT Colleges in India who accept GMAT scores for their MBA/PGDM programmes. All the programmes through GMAT are 1 year programmes (Executive MBA).

  • IIM Ahmedabad

indian colleges accepting GMAT Scores IIM A

Location: Ahmedabad, Gujarat

Fees : 30 Lakh

Average Package : 38.64 LPA

Program : PGPX
IIM Ahmedabad is one of the GMAT Colleges in India who accept GMAT score for their Executive MBA programme, that requires a minimum work experience of 4 years to be eligible to apply.

The duration is 1 year Full-Time Residential Course. And is ranked amongst top 3 courses for career progression.

Top Recruiters: Accenture, Adani Group, Adidas AG, Amazon, Ericsson, Google, Genpact, HSBC, ICICI Bank, Infosys, McKinsey, Microsoft, OYO, Uber.

  • IIM Bangalore

colleges accepting gmat IIM Bangalore

Location: Bengaluru, Karnataka

Fees : 29 Lakh

Average Package : 30.9 Lakh

Program : EPGP
This MBA programme through GMAT requires a minimum of 5 years of work experience and preferably less than 12 years.

Top Recruiters: Accenture, BCG, Bain & Co., AWS Consulting, Goldman Sachs, Microsoft, McKinsey & Co., Kearney, TCS, PwC.

  • IIM Calcutta

GMAT Colleges in india IIM Calcutta

Location: Kolkata, West Bengal

Fees : 31 Lakh

Average Package : 36.79 Lakh

Program : PGPEX
This programme requires a minimum of 5 years of work experience. IIM Calcutta is one of the GMAT Colleges in India who accept GMAT scores for this particular programme.

Top Recruiters: The Boston Consulting Group, McKinsey & Co., Bain & Co., Kearney, PwC, Accenture, Bank of America Merrill Lynch, Barclays, Goldman Sachs.


Must Go Through : Top 50 B-Schools in India


  • IIM Lucknow

IIM Lucknow

Location: Kolkata, West Bengal

Fees : 26 Lakh

Average Package : 24.66 LPA

Program : IMPX
This programme requires a minimum of 5 years of work experience.

Top Recruiters : Accenture, Amazon, Deloitte, Flipkart, Boston Consulting Group.

  • IIM Indore

IIM Indore MBA College

Location: Indore, Madhya Pradesh

Fees : 21.12 Lakh

Average Package : 25.4 LPA

Program : EPGP
This programme requires a minimum of 5 years of work experience

Top Recruiters : Accenture, Aditya Birla Group, Amazon, American Express, ArcelorMittal & Nippon Steel, Asian Paints, AstraZeneca, Deloitte USI, Deutsche Bank, Dolcera, Edelweiss, Everest Group, EY, Fidelity Investments, Flipkart, GE, GMR Group.

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

Bschools accepting GMAT SPJIMR

Location: Mumbai, Maharashtra

Fees : 17.88 Lakh

Average Package : 32.05 LPA

Program : PGDM
Their Flagship Post Graduate Diploma in Management (PGDM), equivalent to MBA, programme is a 2 year Full-Time residential programme. Students can apply via a valid CAT or GMAT score. Also, a candidate’s overall profile is also a consideration in the admission process.

Top Recruiters: Accenture, Amazon, Loreal, Mondelez International, BCG, Bain and Company, General Mills, HCL, Unilever, Astrazeneca, Aditya Birla Group, P&G, PwC.

Leading Business school, situated in the Finance capital of India. With a rich legacy of 20+ years, SPJIMR is one of the best Indian B-schools accepting GMAT .

4. Xavier School of Management (XLRI)

Colleges acepting GMAT XLRI

Location: Jamshedpur, Jharkhand

Fees : 23.15 Lakh

Average Package : 17.8 LPA

Program : PGDM (GM)
The major programme in this college through GMAT is their Post graduate Programme in Management- General Management, popularly known as PGDM(GM). Previously it was known by the name GMP. It is a 15 Month Full-Time residential programme. The aspirants need to have a minimum of 5 years of work experience.

Top Recruiters : Microsoft, Google, Amazon, Flipkart, Uber, Ola, Udaan, Swiggy, Star Disney, Times Internet

When talking about the GMAT Colleges in India who accept GMAT scores, XLRI Jamshedpur cannot be left behind. A private business school founded in 1949, XLRI is one of the oldest management schools in India, with a stellar alumni base. It is one of the most sought after programme, and has been given a #8th for Business schools by NIRF 2022.

5. Management Development Institute (MDI)

MDI Gurgaon accepts GMAT scores

Location: Gurgaon, Haryana

Fees : 23.47 Lakh

Average Package : 23.80 LPA

Program : PGDM, PGDM-HRM, PGDM-IB
There are 3 programmes which one can apply through GMAT in MDI. PGDM, PGDM-HRM and PGDM-IB (International Business). Applicants must have a CAT 2022 OR GMAT valid score. Candidates can apply only on the basis of either of the two scores, applying through both Exam  scores will not be considered.

Top Recruiters: Microsoft, Johnson and Johnson, Asian Paints, Amazon, Flipkart, Barclays, Accenture, Deloitte, BCG, Mckinsey and Company, udaan, Reliance, Godrej, KPMG.

In the vicinity of DLF Cyberhub, MDI is one of the oldest management institutes in the country. The alumni network is one of the largest with around 9000 alumni working across 45 countries globally. MDI Gurgaon is one of the most important Indian colleges accepting GMAT scores that you need to keep in mind while applying for colleges.

6. Xavier Institute of Management (XIMB)

Indian Bschool accepting GMAT XIMB

Location: Bhubaneshwar, Orissa

Fees : 17.3 Lakh

Average Package : 17.54 LPA

Program : MBA BM, EMBA BM
This Indian College accepts GMAT score for opting in their flagship 2 year Full-Time MBA BM programme and its 1 year Executive MBA BM programme. For the EMBA BM programme the candidate needs to have at least 3 years of work experience.

Top Recruiters: ICICI Bank, Natwest Group, Deloitte, Accenture, Nestle, Titan, IBM, Bank of America, Vedanta, Mindtree, GE Healthcare

With decades of rich history of producing futuristic managers with strong ethics and values. XIMB is acknowledged internationally as a world class business school. Also, apart from XAT, this is one of the GMAT Colleges in India who accept GMAT scores as well.


GMAT Preparation Strategy Here!


7. Institute of Management Technology (IMT)

indian college accpeting GMAT IMT Ghaziabad

Location: Ghaziabad, Uttar Pradesh

Fees : 19.53 Lakh

Average Package : 15.28 LPA

Program : PGDM
The College accepts CAT, XAT and GMAT scores, for its Ghaziabad Campus, which is the oldest and ranked in the Top-Ranked Management Schools.

Top Recruiters: Google, BCG, Blackrock, Cisco, Bank of America, American Express, Amazon, Abbott,Glodman Sachs, ITC, Infosys Consulting, Accenture, Vedanta.

Situated in Delhi NCR region, which is the most prominent hub of Industrial, education and IT, IMT Ghaziabad is one among the GMAT Colleges in India who accept GMAT scores. With the presence of more than 3000 Corporates, MNCs, the location serves a huge advantage to the students. Also, the vast alumni base is another advantage students get for corporate networking.

8. Great Lakes Institute of Management (GLIM)

indian colleges accepting GMAT

Location: Chennai, Tamil Nadu

Fees : 18.75 Lakh

Average Package : 12.5 LPA

Program : PGDM and PGPM
The PGDM is the flagship 2 year full-time programme, designed for young leaders with less than 3 years of work experience. While PGPM is a 1 year Full-Time programme. The school also provides opportunities for getting a dual degree and for pursuing international immersion.

Top Recruiters: Microsoft, Zoom, ZS Associates, Bain, McKinsey, JP Morgan Chase, Adobe, Nestlé, EY India, HP, ITC, PayU, Accenture, Cognizant, ICRA, Crisil, TAS, Société Générale, Deloitte, Swiggy

Private B-school, founded in 2004 in Chennai GLIM is a beautiful Indian college accepting GMAT score. GLIM has two campuses; one in Chennai and the other one in Gurgaon. Though here we are recommending GLIM Chennai campus, as this is the older one and is having a strong alumni base.


Following the above list of GMAT Colleges in India who accept GMAT scores, aspirants can decide and select on their target college. And can prepare for the GMAT and the respective post exam preparation. Good Luck!

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