The Graduate Management Admission Test(GMAT) is an entrance test which is conducted by the Graduate Management Admission Council (GMAC) in order to assess the candidate’s analytical, writing, quantitative, verbal and reading skills. These skills are put to test in order to grant admission to management programs such as MBA.
The number of Indians taking the test hit an all-time high back in 2013, the same year when the number of applicants taking the CAT hit a seven-year low.
As per The Economic Times report, the number of students taking the GMAT from India in 2013 was 22,878 which was a 25 percent increase from the 2010 numbers. On the other hand, CAT takers have been declined by four percent since 2010. The main reason behind this change is the fact that more than anything taking the GMAT will give the candidate to apply to global schools.
All this has resulted in an increase in the number of Indian B-Schools accepting the GMAT score. There are some 240 Indian management programs that accept the GMAT score.
Also See: MBA Entrance Exams
Top colleges in India accepting GMAT scores
S. No. |
Name of the MBA Institute |
Location |
Average GMAT Cut-Off Score |
Average Salary Offered during Placements (Per Annum) |
1 |
Indian School of Business |
Hyderabad |
700 |
Rs. 23.00 lakh |
2 |
Xavier Institute of Management |
Jamshedpur |
650 |
Rs. 21.00 lakh |
3 |
Indian Institute of Management (IIM) |
Indore |
700 |
Rs. 20.79 lakh |
4 |
Mumbai |
650 |
Rs. 22.24 lakh |
|
5 |
Noida |
550 |
Rs. 6.00 lakh |
|
6 |
Nagpur |
500 |
Rs. 7.50 lakh |
|
7 |
Xavier Institute of Management and Entrepreneurship |
Bangalore |
600 |
Rs. 7.70 lakh |
8 |
Bangalore |
450 |
Rs. 5.80 lakh |
|
9 |
SDM Institute of Management Development |
Mysore |
550 |
Rs. 7.14 lakh |
10 |
Fortune Institute of International Business |
New Delhi |
120 |
Rs. 4.50 lakh |
11 |
Bangalore |
500 |
Rs. 6.10 lakh |
|
12 |
Adarsh Institute of Management and Information Technology |
Bangalore |
50 |
Rs. 4.50 lakh |
13 |
Bangalore |
700 |
Rs. 21.00 lakh |
|
14 |
Xavier University (XIMB) |
Bhubaneshwar |
550 |
Rs. 12.91 lakh |
15 |
Bangalore |
450 |
Rs. 5.00 lakh |
|
16 |
Universal Business School |
Mumbai |
550 |
Rs. 7.00 lakh |
17 |
Institute of Management Technology |
Hyderabad |
500 |
Rs. 7.00 lakh |
18 |
Calcutta |
700 |
Rs. 17.14 lakh |
|
19 |
Delhi |
NA |
Rs. 13.11 lakh |
|
20 |
Delhi |
NA |
Rs. 20.07 lakh |