Top MBA Colleges Accepting NMAT : List, Cut-offs and Admission Insights
NMAT is one of the most popular MBA entrance exams for candidates targeting top private business schools in India. Conducted by GMAC, the exam is known for its flexible scheduling, multiple attempts, and moderate difficulty level. However, the real value of NMAT lies in the quality of institutes that accept its scores.
This guide covers the top MBA colleges accepting NMAT 2026, along with expected cut-offs, admission insights, and how to choose the right college based on your NMAT score.
Why Choose NMAT Colleges?
NMAT is widely accepted by leading private B-schools that offer strong industry exposure, modern infrastructure, and good placement opportunities. Key advantages include:
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Multiple attempts with best score considered
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No negative marking
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Acceptance by reputed institutes
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Opportunities in specialized MBA programs
Candidates aiming for corporate roles in finance, marketing, consulting, or analytics often prefer NMAT colleges.
Click here to kick start your NMAT preparation with the help of NMIMS Alumni and NMAT Toppers
Features
- You can take the test three times, with a 75-day window between the last two exams you took.
- Only one attempt would be considered for NMIMS Mumbai.
- Choosing the order of the sections is up to you during the start of the exam.
- You can revise your answers until the sectional time lasts.
- No negative marking for wrong attempts.
- You can choose a date, time, and location of your convenience
- The application can be sent to business schools after reviewing your results.
Also read: NMAT Difficulty Level
Eligibility:
The candidate must be a graduate with 50% or identical CGPA in the first attempt. Candidates showing up for the last year of four year certification examination and the individuals who have finished degree prerequisites and are anticipating results can likewise apply (subject to clearing the last examination in the first attempt with 50% aggregate marks). Register & Schedule You must register and pay for the NMAT by GMAC exam before scheduling a test date and location. Retakes You will be allowed to take the NMAT by GMAC exam for a maximum of three times per test period. This includes the first attempt plus a maximum of two retake attempts. No shows are considered attempts.
Also: Click here to take the Free NMAT mock test
Which Top MBA colleges are accepting NMAT:
1. SVKM's Narsee Monjee Institute of Management Studies, Mumbai (NMIMS):
| Courses Offered | 18 courses across 4 streams170 MBA Program – Finance, Information Systems, Marketing, Operations, and Decision Science and Analytics. |
| Fees | Rs. 19.05 LPA |
| Average Placement | Rs. 17.09 LPA |

Not much needs to be said about NMIMS Mumbai. It is one of the leading B-schools in India and most coveted by NMAT aspirants. NMIMS is recognized among the leading Deemed-to-be–University in India. It has been ranked 8th Best B-School in India from a total of 150 schools in India by the Business. It has some of the best placements and every year they have managed to maintain their average placements. Top recruiters are Goldman Sachs, JP Morgan, General Electric, Microsoft, Google, ITC, Dabur, L’Oreal, HUL, Marico, Asian Paints, Vodafone, Reckitt Benckiser, Deloitte, M&M, ICICI, Aditya Birla Group, Flipkart amongst others.
2. NMIMS Bangalore, Navi Mumbai, Hyderabad, Indore:
| Courses Offered | PGDM |
| Fees | Rs. 16.50 LPA |
| Average Placement |
Rs. 13.01 LPA (NMIMS Hyderabad) Rs.14 LPA (NMIMS Bangalore) Rs.12.5 LPA (NMIMS Indore) |
| No. of Seats | 240, (120 for Navi Mumbai) |
While the Mumbai campus is the only one that offers an MBA program, NMIMS also offers PGDM programs in Bangalore, Hyderabad, Navi Mumbai, and Indore. These colleges have been gaining a lot of demand in recent years. The Bangalore Hyderabad and Indore campus have been here for a while now, while the Navi Mumbai campus is just three years old; yet it has gained a lot of momentum. Top recruiters include Dell, Infosys, Airtel, ICICI Bank, Oracle, UNIBIC, Aditya Birla, etc.
3. SDA Bocconi Asia Center:
| Courses Offered | International Master in Business – IMB (Previously PGPB) |
| Fees | Rs. 18.60 LPA |
| Average Placement | Rs. 14.30 LPA |
| No. of Seats | SDA Bocconi seats for IMB 2024-26 batch are 330 students. |
SDA Bocconi is a leading institution that is an extended version of the famous SDA Bocconi school of management in Italy, which has also been mentioned in Forbes. It follows a similar curriculum and international standards to their International institutes. Some of the top recruiters than come here are H&M, PWC, Ador Group, ICICI Bank, SDF, Bausch & Lomb, KPMG, L&T, Tolaram, Deloitte USI, Ernst and Young, Future Group, Vodafone Idea, etc.
5. Xavier University, Bhubaneswar:
| Courses Offered | 29 courses across 10 streams |
| Fees | Rs. 12.2L - 19.3LPA |
| Average Placement | Rs. 20.03 LPA |
| No. of Seats | 240 |
XUB has already gained a lot of reputation since it was established in 2013. It has been ranked 44 in NIRF 2019 rankings. It is one of the colleges that you can apply directly through the NMAT by GMAC page, which has a relatively good ROI than the other NMAT accepting colleges. Top recruiters are Deloitte, UHG, ICICI Bank, PWC, Royal Bank of Scotland, GAIL, Accenture, HSBC, etc.
ALSO CHECK- Tips to crack XAT
6. ICFAI Business School (IBS), Hyderabad:
| Courses Offered | MBA, PGDM, Exc. MBA |
| Fees | Rs. 14.04 LPA |
| Average Placement | Rs. 10.42 |
IBS, Hyderabad is one of the leading schools in Hyderabad. It has been re-accredited by SAQS (South Asian Quality Standards), rated A** by CRISIL, EB2 IN by ICRA, and as an “Excellent” Business School by Eduniversal. Top recruiters include Wipro, Zomato, Thomson Reuters, Arrows Group, Google, Oracle, Aditya Birla Group, Sterling Holidays, Amul, Cavin Kare, American Express, Amazon.in, Bank of America, Flipkart, KPMG, HDFC, and more.
7. Alliance University, Bangalore:
| Courses Offered | MBA, PGDM |
| Fees | Rs. 13.50 LPA |
| Average Placement | Rs. 9.20 LPA |
Alliance University has been ranked no. 2 among all B-schools in Bangalore. Their placements cover a variety of sectors like Consulting, IT Products & Services, Banking, Research & Analytics, Logistics, Real Estate, Retail, Media, FMCG, etc. Top recruiters are Aditya Birla Retail, Akamai, TCS, Mercedes Benz, WIPRO, Cognizant, Bosch, Oracle, E&Y, Honeywell, Federal Bank, HCL Technologies, CB Richard Ellis, KPMG, Salesforce, etc.
Also Check: NMAT Online Courses and Mocks
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