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Top MBA colleges accepting NMAT
April 11 2024

Top MBA Colleges accepting NMAT

NMAT by GMAC™ exam is a national-level MBA entrance test to get into top MBA schools. Top universities through NMAT include NMIMS Mumbai, XIM Bhubaneswar, and numerous other reputed Universities and B-schools. Read on to know all about the top MBA colleges accepting the NMAT score.

What is the NMAT Pattern:

The NMAT by GMAC™ exam is PC based online exam which gives every student a randomly produced test from a pool of questions, conveyed each one in turn. The NMAT by GMAC™ exam has three sections namely: Language Skills, Quantitative Skills, and Logical Reasoning. There are a total of 108 questions and the duration of the exam is 120 minutes. Click here to kick start your NMAT preparation with the help of NMIMS Alumni and NMAT Toppers


  • 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


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.

Important Dates and Events:

Event Start date End date
Commencement of NMAT Registration First week of August 2024 Second week of October 2024
NMAT Scheduling First week of August 2024  Second week of October 2024
Late Registration for NMAT October first week October second week
NMAT Registration - Retake Second week of October 2024 Second week of December 2024
NMAT Re-scheduling First week of August 2024 Second week of December 2024
NMAT Re-take Scheduling Second week of October 2024 Second week of December 2024
NMAT Exam Dates Second week of October 2024  Second week of December 2024
NMAT by GMAC result (October 5-19) November second week  
NMAT Final Announcement of Results January third week  

  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


                                 NMIMS Mumbai campus

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)


                                   Top MBA colleges accepting NMAT

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.

                                     Top MBA colleges accepting NMAT

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


                                     Top MBA colleges accepting NMAT  

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. 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


                                    Top MBA colleges accepting NMAT

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


                                  Top MBA colleges accepting NMAT

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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Anisha Mukhija

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