NMAT Accepting Colleges in India and Abroad 2024

Vaishali Pandey
December 2, 2024

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The NMAT is a standard MBA entrance exam that opens doors to numerous reputed business schools in India and abroad. Unlike other tests, NMAT is known for its flexible scheduling and multiple attempt options, making it a popular choice among MBA aspirants. 

This blog highlights the top NMAT colleges list, best NMAT accepting colleges based on NMAT scores and location, their fees, placement expectations, and course details to help candidates make informed decisions for their management career pathways.

Top Colleges Accepting NMAT Score

Top Colleges Accepting NMAT Score

Here are the top NMAT accepting colleges in India

NMAT Accepting Colleges 

Location

Fees (Approx.)

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

₹20 Lakhs

K J Somaiya Institute of Management

Mumbai

₹18 Lakhs

Xavier University

Bhubaneswar

₹15 Lakhs

T A Pai Management Institute

Manipal

₹16 Lakhs

Great Lakes Institute of Management

Chennai and Gurgaon

₹19 Lakhs

Indian School of Business (ISB)

Hyderabad and Mohali

₹25 Lakhs

Apart from these colleges, you should also check out other colleges in locations convenient to you and filter them based on different factors such as placements and opportunities available. 

If you are searching for colleges in  Mumbai or Delhi, we have done it for you. Check out the top MBA colleges in Mumbai! You can also explore the Top PGDM colleges in Delhi and choose your target college. 

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NMAT 2024 Important Dates 

NMAT Event 

NMAT Important Dates 

Registration Date 

Aug to Oct 2025

NMAT Exam 

Oct to Dec 2025

NMAT Retake Scheduling 

Oct to Dec 2025 

While the NMAT offers many opportunities, most students aspiring for an MBA or a PGDM score apply to multiple entrance exams, such as the CAT and the XAT. Explore more about these entrance exams for MBA and get the opportunity to have various reputed colleges as options. 

NMAT Syllabus 2024 

Sections

Topics Covered

Language Skills

Reading Comprehension, Error Identification, Sentence Rearrangement, Fill in the Blanks, Synonyms & Antonyms, Vocabulary, English Grammar, and Word Meanings

Quantitative Skills

Modern Mathematics, Arithmetic, Number Theory, Geometry, Data Interpretation, Data Sufficiency

Logical Reasoning

Sequential Arrangements, Input-Output, Syllogisms, Ranking, Venn Diagrams, Grouping, Statements, Assumptions & Conclusions, Critical Reasoning, Puzzles, Courses of Action, and Argument Analysis

Check out the MBA entrance exam syllabus for various entrance exams. This will help you get familiar with the topics and ace the exam with ease, securing a spot in your target college. 

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NMAT Accepting Colleges in India 

Take a look at an overview of the NMAT Accepting colleges, their locations, and approximate fees.

NMAT Accepting Colleges 

Location

Fees (Approx.)

SVKM's Narsee Monjee Institute of Management Studies

Mumbai

₹20-25 Lakhs

Indian School of Business (ISB)

Hyderabad, Mohali

₹37-40 Lakhs

S.P. Jain Institute of Management & Research (SPJIMR)

Mumbai

₹19-22 Lakhs

K J Somaiya Institute of Management

Mumbai

₹18 Lakhs

XIM University

Bhubaneswar

₹16-18 Lakhs

SDA Bocconi Asia Center

Mumbai

₹20 Lakhs

ICFAI Business School

Hyderabad, Other Locations

₹14-16 Lakhs

SOIL Institute of Management

Gurgaon

₹14 Lakhs

T.A. Pai Management Institute (TAPMI)

Manipal

₹16-17 Lakhs

FLAME University

Pune

₹15-16 Lakhs

ISBR Business School

Bangalore

₹10-12 Lakhs

Alliance University

Bangalore

₹13 Lakhs

Great Lakes Institute of Management

Chennai, Gurgaon

₹19-20 Lakhs

IFMR Graduate School of Business

Sri City

₹15-16 Lakhs

Jindal Global Business School

Sonipat

₹13-14 Lakhs

BML Munjal University

Gurgaon

₹11-12 Lakhs

ITM Business School

Navi Mumbai

₹10-12 Lakhs

Jain University (CMS Business School)

Bangalore

₹9-10 Lakhs

VIT University

Vellore

₹7-8 Lakhs

Shiv Nadar Institute of Management Studies

Greater Noida

₹10-11 Lakhs

Amity University

Noida, Other Locations

₹12-14 Lakhs

MIT World Peace University

Pune

₹8-10 Lakhs

Universal AI University

Mumbai

₹10 Lakhs

SRM University

Chennai

₹10-12 Lakhs

School of Petroleum Management (PDPU)

Gandhinagar

₹9-10 Lakhs

ATLAS – ISME School of Management and Entrepreneurship

Mumbai

₹11-12 Lakhs

School of Business, Woxsen University

Hyderabad

₹15-16 Lakhs

Thapar School of Management

Patiala

₹8-9 Lakhs

Indus Business Academy (IBA)

Bangalore

₹7-8 Lakhs

Bennett University

Greater Noida

₹10-11 Lakhs

Hyderabad Business School, GITAM University

Hyderabad

₹7-8 Lakhs

SRM University, Delhi – NCR, Sonepat

Sonepat

₹7-8 Lakhs

University of Petroleum & Energy Studies (UPES)

Dehradun

₹15 Lakhs

Mody University

Laxmangarh

₹7-8 Lakhs

Lovely Professional University

Phagwara

₹5-7 Lakhs

IFIM College

Bangalore

₹8-9 Lakhs

IILM University

Gurugram, Other Locations

₹9-11 Lakhs

Stoa School

Online

₹5-6 Lakhs

Athena School of Management

Mumbai

₹10 Lakhs

Jagdish Sheth School of Management

Bangalore

₹10-11 Lakhs

Amrut Modi School of Management

Ahmedabad

₹6-7 Lakhs

GITAM Deemed to be University

Visakhapatnam

₹7-8 Lakhs

IIHMR University

Jaipur

₹8-10 Lakhs

Rajiv Gandhi National University of Law

Patiala

₹6-7 Lakhs

Chitkara University

Chandigarh

₹6-8 Lakhs

BSE Institute Limited

Mumbai

₹8-9 Lakhs

Sir Padampat Singhania University (SPSU)

Udaipur

₹6-7 Lakhs

iMET Global

New Delhi

₹5-6 Lakhs

Rishihood University

Sonipat

₹7-8 Lakhs

Ansal University

Gurgaon

₹8-9 Lakhs

Myra School of Business

Mysore

₹10 Lakhs

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Colleges that Accept NMAT Score Abroad 

There are multiple NMAT Accepting Colleges abroad as well. You can check them out.

South Africa

NMAT Accepting Colleges 

Location

Approximate MBA Fees (INR)

Gordon Institute of Business Science (GIBS)

Johannesburg

₹1,027,200

Milpark Business School

Johannesburg

₹1,087,344

North-West University Business School

Potchefstroom

₹714,912

Rhodes Business School

Grahamstown

₹582,000

University of South Africa (UNISA) Graduate School of Business Leadership

Midrand

₹448,368

Wits Business School

Johannesburg

₹1,061,280

Nelson Mandela University Business School

Gqeberha (Port Elizabeth)

₹446,832

University of Cape Town (UCT) Graduate School of Business

Cape Town

₹1,008,000

Johannesburg Business School, University of Johannesburg

Johannesburg

₹576,000

Tshwane School of Business and Society, Tshwane University of Technology

Pretoria

₹408,000

Nigeria

NMAT Accepting Colleges 

Location

Approximate MBA Fees (INR)

Lagos Business School

Lagos

₹3,50,000

Lead City University

Ibadan

₹50,000

Redeemer's University

Ede, Osun State

₹60,000

Afe Babalola University

Ado-Ekiti

₹1,25,000

Covenant University

Ota, Ogun State

₹75,000

Caleb University

Imota, Lagos State

₹60,000

James Hope University Business School

Lekki, Lagos State

₹1,00,000

Philippines

NMAT Accepting Colleges 

Location

Approximate MBA Fees (INR)

Asian Institute of Management

Makati City

₹21,60,000

Ateneo Graduate School of Business

Makati City

₹12,96,000

Virata School of Business, University of the Philippines

Quezon City

₹10,80,000

De La Salle University - Dasmariñas

Dasmariñas

₹3,60,000

School of Business Administration, Arellano University

Manila

₹1,80,000

De La Salle University

Manila

₹9,00,000

University of Santo Tomas Graduate School

Manila

₹3,60,000

St. Paul University Manila

Manila

₹2,70,000

Other Countries

Country

NMAT Accepting Colleges 

Location

Approximate MBA Fees (INR)

Morocco

Africa Business School

Rabat

₹30,00,000

Hungary

Corvinus University of Budapest

Budapest

₹7,50,000

Note: The fees are approximate and based on available data. For the most current information, please consult the respective institutions' official websites or contact their admissions offices.

Are you planning to do an MBA abroad? Explore more details on MBA Abroad for Indian Students, such as the colleges, fees, placements, and how you can fund your MBA abroad.  

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NMAT Top Colleges By Percentile 

Now let us look at the NMAT accepting Colleges you can target in India based on your NMAT scores.

90%ile and above

NMAT Accepting Colleges 

Location

Approximate Fees (INR)

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

₹25,00,000

K J Somaiya Institute of Management

Mumbai

₹20,87,096

Xavier University Bhubaneswar

Bhubaneswar

₹15,00,000

T A Pai Management Institute

Manipal

₹16,00,000

Great Lakes Institute of Management

Chennai and Gurgaon

₹19,00,000

Indian School of Business (ISB)

Hyderabad and Mohali

₹37,00,000

80%ile and above

NMAT Accepting Colleges 

Location

Approximate Fees (INR)

SP Jain Institute of Management and Research (SPJIMR)

Mumbai

₹20,00,000

IFMR Graduate School of Business at KREA University

Sri City

₹14,56,000

ICFAI Business School (IBS)

Hyderabad

₹16,02,000

VIT University

Vellore, Chennai

₹7,02,000

SDA Bocconi Asia Center

Mumbai

₹18,60,000

70%ile and above

NMAT Accepting Colleges 

Location

Approximate Fees (INR)

IFMR Graduate School of Business at Krea University

Sri City, Andhra Pradesh

₹14,56,000

Thapar School of Management

Chandigarh, Punjab

₹8,99,000

SOIL - School of Inspired Leadership

Gurgaon, Haryana

₹15,03,000

Jindal Global Business School

Sonepat, Delhi/NCR

₹11,00,000

ITM Navi Mumbai: ITM Group of Institutions

Navi Mumbai, Maharashtra

₹10,45,000

Shiv Nadar University

Greater Noida, Uttar Pradesh

₹10,00,000

BSE Institute Limited

Mumbai, Maharashtra

₹8,00,000

Mody University School of Business

Jaipur, Rajasthan

₹7,00,000

ICFAI Business School (IBS)

Gurgaon/Mumbai/Bengaluru/Pune

₹12,00,000

SRM University

Chennai, Tamil Nadu

₹10,00,000

50%ile to 70%ile

NMAT Accepting Colleges 

Location

Approximate Fees (INR)

Indus Business Academy (IBA)

Bangalore

₹8,00,000

Vijay Bhoomi University

Bangalore/Mumbai

₹12,00,000

Pandit Deendayal Petroleum University

Gandhinagar, Gujarat

₹9,50,000

University of Petroleum and Energy Studies (UPES)

Dehradun

₹14,00,000

WOXSEN School of Business Management

Hyderabad

₹13,90,000

ICFAI Business School (IBS)

Dehradun, Jaipur, Ahmedabad, Kolkata

₹12,50,000

Amrut Mody School of Management, Ahmedabad University

Ahmedabad

₹10,00,000

Hyderabad Business School, GITAM University

Hyderabad

₹7,50,000

Rajiv Gandhi National University of Law

Punjab

₹6,00,000

Alliance University

Bangalore

₹13,50,000

BML Munjal University

Gurgaon

₹12,00,000

GITAM School of International Business

Visakhapatnam

₹8,50,000

Bennett University

Greater Noida, Delhi NCR

₹10,00,000

Myra School of Business

Mysuru, Karnataka

₹10,00,000

Jain University

Bangalore

₹10,00,000

Universal Business School

Mumbai

₹12,00,000

Pandit Deendayal Petroleum University

Gandhinagar, Gujarat

₹9,50,000

IILM University

Gurgaon (Delhi NCR)

₹9,00,000

Good MBA Colleges Accepting Low NMAT Scores

NMAT Accepting Colleges 

Location

Approximate Fees (INR)

ISBR Business School

Bangalore, Chennai

₹9,00,000

Ansal University

Gurgaon

₹5,00,000

Lovely Professional University

Phagwara, Punjab

₹5,00,000

Amity University

Multiple Campuses

₹6,00,000

MIT World Peace University

Pune

₹7,50,000

IIHMR University

Jaipur

₹6,00,000

Chitkara University

Punjab

₹4,00,000

Sir Padampat Singhania University (SPSU)

Udaipur, Rajasthan

₹3,50,000

FLAME University

Pune

₹11,00,000

Note: Fees are approximate and based on available data. For the most current information, please consult the respective institutions' official websites or contact their admissions offices.

NMAT Top Colleges Placements 

Let’s take a look at the placement information for the top NMAT accepting colleges in India.

NMAT Accepting Colleges 

Location

Total Course Fee (Expected)

Average Median Package (Expected)

Narsee Monjee Institute of Management Studies (NMIMS)

Mumbai

₹14 – 24 Lakhs

₹15 – 16 Lakhs

Amity University

Noida

₹4 – 12 Lakhs

₹5 Lakhs

Lovely Professional University (LPU)

Phagwara, Punjab

₹7.6 – 9.6 Lakhs

₹4.5 – 7 Lakhs

T.A. Pai Management Institute (TAPMI)

Manipal

₹16 Lakhs

₹11 Lakhs

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FAQs About NMAT Accepting Colleges 

NMAT is for which college? 

Some of the top NMAT-accepting colleges include NMIMS Mumbai, K J Somaiya Institute of Management, Xavier University Bhubaneswar, SPJIMR (Global Management Program), and TAPMI. Other reputed institutes like IFMR Graduate School of Business, SDA Bocconi Asia Center, and ICFAI Business School also accept NMAT scores.

What are the eligibility criteria for NMAT-accepting colleges? 

While each college may have specific eligibility requirements, most NMAT-accepting colleges require a bachelor's degree with at least 50% aggregate marks. Some may also consider work experience, though it’s usually not mandatory for all programs.

Is there a sectional cutoff in NMAT for admission to these colleges? 

Yes, some NMAT-accepting colleges may require candidates to meet sectional cutoffs in each of the NMAT sections (Language Skills, Quantitative Skills, and Logical Reasoning) along with an overall cutoff. However, many colleges also consider the candidate's profile holistically.

What is the typical fee range for MBA programs in NMAT-accepting colleges? 

The fees for MBA programs in NMAT-accepting colleges vary widely, ranging from ₹4 Lakhs (e.g., Amity University) to over ₹24 Lakhs (e.g., NMIMS Mumbai). Programs at private universities generally tend to be higher, especially at premier institutions.

What placement packages can I expect after completing an MBA from an NMAT-accepting college? 

Placement packages vary depending on the college's reputation and program quality. Top institutes like NMIMS Mumbai offer median packages between ₹15-16 LPA, while other colleges like TAPMI offer around ₹11 LPA. Some colleges provide average packages of around ₹5-7 LPA.

Do NMAT-accepting colleges offer specialisation options in MBA programs? 

Yes, many NMAT-accepting colleges offer a variety of specialisations such as Finance, Marketing, Human Resources, Operations, Business Analytics, and International Business. Some schools, like SPJIMR, offer specialised programs in niche areas like Global Management.

Is it necessary to apply separately to each NMAT-accepting college? 

Yes, candidates need to apply individually to each NMAT-accepting college as the application processes, deadlines, and fees vary by institution. After taking the NMAT exam, you can select and send scores to multiple colleges.

Can international students apply to NMAT-accepting colleges in India?

Yes, many NMAT-accepting colleges welcome international students. Some institutions may have additional requirements, such as English language proficiency tests, for non-native English speakers.

Are scholarships available at NMAT-accepting colleges? 

Several NMAT-accepting colleges offer scholarships based on merit or financial need. Some colleges may provide specific grants for top-performing NMAT scorers or waive a part of the tuition fees for deserving candidates.

What is the selection process after submitting NMAT scores? 

The selection process generally involves a combination of NMAT score evaluation, academic background, personal interview, group discussion, and a written ability test. Each college has a unique weightage system for these components.

How often can I take the NMAT, and do NMAT-accepting colleges consider multiple attempts? 

Candidates can take the NMAT up to three times in one testing cycle. Colleges generally consider the best score out of these attempts. However, it is advisable to confirm each college's admission policies.

Is there a difference in curriculum quality between NMAT-accepting colleges and IIMs? 

NMAT-accepting colleges offer quality management programs, with top institutes often rivalling the curriculum of some IIMs. While IIMs have a legacy advantage, NMAT-accepting schools like NMIMS and SPJIMR have also gained high regard in the industry.

What is the ideal NMAT score range to target for top NMAT-accepting colleges? 

For competitive programs, a score of 210 or above is often preferred, though NMIMS Mumbai may require higher scores around 230. Mid-range colleges typically accept scores between 180 and 200, while some schools focus more on holistic profiles than scores alone.

Do NMAT-accepting colleges offer part-time or executive MBA programs? 

Yes, several NMAT-accepting institutions offer part-time or executive MBA options tailored for working professionals. These programs may have different eligibility criteria, such as a minimum number of years of work experience.

How can I decide which NMAT-accepting college is best for my career goals? 

Factors to consider include college ranking, program curriculum, faculty expertise, placement records, specialisation options, fee structure, and campus culture. Researching each school’s focus areas, visiting campuses (if possible), and speaking to alumni can help in making an informed choice.

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