Tasbiya KhanSenior Executive
Top MBA Colleges in India Accepting NMAT Score: Ranking 2024, Fees, Admission, Courses, Placements
There are about 11 top NMAT accepting MBA colleges in India and all of which are owned by private institutions. NMAT is one of the widely accepted entrance exams in top MBA colleges in India. NMIMS School of Business Management Mumbai, Amity University Noida, Lovely Professional University, TA Pai Management Institute Manipal, KJ Somaiya Institute of Management, Chitkara College of Sales and Marketing, Graphic Era Deemed to be University, Alliance School of Business, etc. are some of the popular NMAT accepting MBA colleges in India.
Table of Contents
- Top MBA Colleges in India 2024 Accepting NMAT Score: Highlights 2024
- Top MBA Colleges in India Accepting NMAT Score: Eligibility Criteria
- Popular Entrance Exams Accepted by Top MBA Colleges in India: Exam Schedule 2024
- Top MBA Colleges in India Accepting NMAT Score with NIRF Ranking 2024
- Top Private MBA Colleges in India Accepting NMAT Score
- ROI of Top MBA Colleges in India Accepting NMAT Score
- Top MBA Colleges in India Accepting NMAT Score: Comparison
- Top MBA Colleges in India 2024 Accepting NMAT Score FAQs
Top MBA Colleges in India 2024 Accepting NMAT Score: Highlights 2024
An MBA is a 2-year postgraduate course that covers the fundamentals and advanced topics related to the management discipline. Some of the top MBA specialisations include Human Resources, Finance, Marketing, Organizational Behavior, Management Principles, and so on. An MBA degree can enhance an individual's skills and abilities and make them competent enough to work at managerial levels, thereby opening doors to countless career opportunities.
The key highlights related to best MBA colleges accepting NMAT scores in India are mentioned below:
| Parameters |
Particulars/Statistics |
|---|---|
| Number of MBA Colleges |
11 (approx..) |
| Annual Fees |
INR 2-3 lakh: 2 colleges INR 3-5 lakh: 1 college INR > 5 lakh: 8 colleges |
| Top Specialisations |
Finance, Human Resources, Sales and Marketing, Operations, International Business, etc. |
| Accepted Entrance Exams |
Predict your chances here: MBA 2024 Cutoff Predictor
Top MBA Colleges in India Accepting NMAT Score: Eligibility Criteria
The exam conducting authority has specified the below-mentioned eligibility criteria for NMAT 2024. Candidates need to fulfil eligibility requirements before NMAT registration.
- Candidate must have completed graduation under 10+2+3 or four years of education pattern from any stream
- Secured not less than 50% aggregate in the final year of graduation
- Candidates awaiting results or in their final year of graduation are also eligible to apply for NMAT 2024. Admission is granted on a provisional basis until the graduation mark sheet and certificate of the qualifying examination are submitted
- Candidates must also check the eligibility criteria of NMAT-participating colleges individually before registering for the examination. Applicants need to select five institutes of their preference for admission while applying and those institutes may have different eligibility criteria for admission.
Popular Entrance Exams Accepted by Top MBA Colleges in India: Exam Schedule 2024
One of the popular entrance exams accepted by top MBA colleges in India are:
- NMAT: NMAT or NMAT by GMAC is a national-level entrance test conducted for MBAadmissions at NMIMS University and other reputed B-Schools in India as well as abroad. Narsee Monjee Institute of Management Studies conducted NMAT until GMAC took over the authority. NMAT is designed to keep the test-taker's convenience in mind. Candidates can choose the exam date and venue preference during the exam window using the NMAT scheduling option. NMAT shares some features with GMAT as candidates are allowed to choose the preferred date during a testing window as well as self-schedule the test, time and venue, and appointment date based on the availability of seats at the preferred test centre. The national-level entrance exam, NMAT, is conducted annually during the test window of specified days. NMAT by GMAC score is based on the performance of candidates in three sections, namely, Language Skills, Quantitative Skills and Logical Reasoning.
Listed below is the following schedule of NMAT accepting colleges in India along with their schedule:
| Exam Name |
Dates |
Schedule |
|---|---|---|
| NMAT 2024 Exam Window |
05 Nov '24 - 20 Dec '24 |
Also Read: Why NMAT by GMAC?
Predict your NMAT score and admission chances with Shiksha College predictor: NMAT 2024 College Predictor
Top MBA Colleges in India Accepting NMAT Score with NIRF Ranking 2024
National Institutional Ranking Framework (NIRF) is a ranking methodology adopted by the Ministry of Education, Government of India, to rank institutions of higher education in India. The framework was approved by the erstwhile Ministry of Human Resource Development (now, Ministry of Education) and launched by the Minister on 29 September 2015.
Listed below are the top MBA colleges in India accepting NMAT score along with their NIRF ranking for past three years, i.e. from 2022 to 2024:
| College Name |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
| 25 |
21 |
21 | |
| 28 |
28 |
29 | |
| 34 |
32 |
38 | |
| 38 |
42 |
58 | |
| K J Somaiya Institute of Management Studies and Research Ranking |
71 |
45 |
63 |
READ MORE: MBA Courses
Top Private MBA Colleges in India Accepting NMAT Score
Refer to the table below for a detailed overview of the top private MBA colleges in India that accepts NMAT score along with their total tuition fee:
| Private Colleges |
Total Tuition Fee |
|---|---|
| INR 12 lakh |
|
| INR 5 lakh |
|
| INR 8 lakh |
|
| INR 17 lakh |
|
| INR 17 lakh |
|
| Chitkara College of Sales and Marketing, Chitkara University Admission |
INR 3 lakh |
| INR 7 lakh |
READ MORE: MBA Admission 2024
Learn more about NMAT accepting colleges in other locations:
- Top MBA Colleges in Delhi/NCR 2024 Accepting NMAT Score
- Top MBA Colleges in Maharashtra 2024 Accepting NMAT Score
- Top MBA Colleges in Uttar Pradesh 2024 Accepting NMAT Score
- Top MBA Colleges in Andhra Pradesh 2024 Accepting NMAT Score
ROI of Top MBA Colleges in India Accepting NMAT Score
Return on Investment (ROI) shows how much profit or benefit you get if you pursue a course from a particular college. It assesses the return of the fee invested by the candidate while studying and the return he/she gets in the form of placements.
Listed below are the NMAT accepting MBA colleges in India along with their total tuition fee and annual average package:
| College Name |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
| INR 5 lakh |
INR 6 LPA |
|
| INR 8 lakh |
INR 6 LPA |
|
| INR 17 lakh |
INR 12 LPA |
|
| INR 7 lakh |
INR 8 LPA |
|
| INR 14 lakh |
INR 13 LPA |
|
| INR 15 lakh |
INR 6 LPA |
READ MORE: Career After MBA
Top MBA Colleges in India Accepting NMAT Score: Comparison
Listed below is the comparison of top NMAT accepting MBA colleges in India:
Amity University, Noida
Great Lakes Institute of Management, Chennai
LPU - Lovely Professional University
Great Lakes Institute of Management, Gurgaon
Chitkara College of Sales and Marketing, Chitkara University, Chandigarh
T A Pai Management Institute, Manipal, MAHE
Graphic Era Deemed to be University
K J Somaiya Institute of Management
IFMR Graduate school of Business, KREA University (IFMR GSB), Sricity
Other popular MBA/PGDM colleges in India accepting NMAT
#101-125 NIRF
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Top MBA Colleges in India 2024 Accepting NMAT Score FAQs
Q: How many NMAT accepting MBA colleges in India?
A: Approximately 11 of India's best MBA schools that take the NMAT are privately held. One of the most popular entrance tests for prestigious MBA programs in India is the NMAT. Some of the well-known NMAT accepting MBA colleges in India are NMIMS School of Business Management in Mumbai, Amity University Noida, Lovely Professional University, TA Pai Management Institute Manipal, KJ Somaiya Institute of Management, Chitkara College of Sales and Marketing, Graphic Era Deemed to be University, Alliance School of Business, etc.
Q: Which are the top MBA colleges accepting NMAT scores in India as per NIRF 2024?
A: SBM NMIMS Mumbai emerged as the top MBA college accepting NMAt score in India followed by other colleges. Listed below are some of the colleges along with their NIRF rankings 2024:
|
College Name |
NIRF 2022 |
NIRF 2023 |
NIRF 2024 |
|---|---|---|---|
|
25 |
21 |
21 | |
|
28 |
28 |
29 | |
|
34 |
32 |
38 | |
|
38 |
42 |
58 | |
|
K J Somaiya Institute of Management Studies and Research Ranking |
71 |
45 |
63 |
Q: Which colleges should I apply to for an MBA under NMAT?
A: There are total of 11 top MBA colleges in India under NMAT score where you should apply. Listed below are some of the NMAT accepting colleges in India along with their total tuition fee:
|
College Name |
Total Tuition Fee |
|---|---|
|
INR 5 lakh |
|
|
INR 8 lakh |
|
|
INR 17 lakh |
|
|
INR 7 lakh |
|
|
INR 14 lakh |
|
|
INR 15 lakh |
Q: What is the eligibility criteria of getting an admission to top NMAT accepting MBA colleges in India
A: The eligibility requirements for NMAT 2024 have been specified by the exam conducting authorities and are listed below. Candidates must meet the eligibility conditions in order to register for the NMAT.
- The candidate must have completed four years of education, or 10+2+3, in any stream, obtained a minimum of 50% in the last year of graduation.
- Applicants who are in their final year of graduation or who are awaiting results may also apply for NMAT 2024. Admission is offered provisionally until the qualifying exam certificate and graduation mark sheet are sent in.
- Prior to registering for the test, candidates must also review each participating college's eligibility requirements. When applying, candidates must choose five preferred educational institutions, each of which may have different admissions requirements.
Q: What is the placement package offered to MBA graduates of top NMAT accepting MBA colleges in India?
A: IFMR Graduate school of Business, KREA University offered the highest placement package of INR 13 LPA, while Amity University Noida, LPU and Alliance School of Business offered the placement package of INR 6 LPA.
Refer to the table below for a detailed overview of the top NMAT accepting MBA colleges in India along with their placement package offered to their graduates:
|
College Name |
Annual Average Package |
|---|---|
|
INR 6 LPA |
|
|
INR 6 LPA |
|
|
INR 12 LPA |
|
|
INR 8 LPA |
|
|
INR 13 LPA |
|
|
INR 6 LPA |
Q: Is it worth of doing an MBA in India under NMAT score?
A: Return on Investment (ROI) is a metric used to indicate how much money you will make or gain by attending a specific college. It evaluates the candidate's return on study fees and the return they receive in the form of job placements.
The Indian MBA schools that accept NMAT are listed below, along with information on their annual average package and total tuition:
|
College Name |
Total Tuition Fee |
Annual Average Package |
|---|---|---|
|
INR 5 lakh |
INR 6 LPA |
|
|
INR 8 lakh |
INR 6 LPA |
|
|
INR 17 lakh |
INR 12 LPA |
|
|
INR 7 lakh |
INR 8 LPA |
|
|
INR 14 lakh |
INR 13 LPA |
|
|
INR 15 lakh |
INR 6 LPA |