There are various MBA colleges that accept NMAT by GMAC for admission. While some consider this a mandatory criteria, some colleges accept score of this exam as first preference. Check here Top 10 MBA Colleges Accepting NMAT by GMAC Score!
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K.J. Somaiya Institute of Management, ICFAI Business School, TAPMI, SP Jain Insitute of Management are some of the top NMAT score accepting colleges. The NMAT by GMAC is one of the widely conducted entrance examinations for MBA in India.
NMAT exam is accepted by most of the top B Schools for admissions to Master of Business Administration and Post Graduate Diploma in Management courses. Currently, NMAT is accepted by 78 regarded B-schools worldwide, out of which 58 are India-based colleges, making choosing the right college a difficult task.
Here is the list of the top NMAT by GMAC colleges in India, along with the courses offered and the fee structure in detail.
List of Top 10 NMAT Score Accepting Colleges 2025
Here’s a detailed look at the NMAT by GMAC score-accepting colleges, including the courses offered and their fee structures:
1. SVKM’s NMIMS
NMIMS is perhaps one of the most popular colleges to pursue an MBA from. The course is a strong mix of academic and market exposure, making it one of the most preferred choices among NMAT takers.
| Location | Mumbai (and multiple campuses) |
| Establishment Year | 1981 |
| Courses Offered | MBA, MBA HR, MBA Pharmaceutical Sales and Marketing |
| Other Entrance Exams Accepted | NMIMS-CET, NMIMS-NPAT, NMIMS-LAT, CLAT, LSAT, NATA, JEE Main, GATE |
| Fees | 2.1 L - 44 L |
| Website | www.nmims.edu |
2. SP Jain Institute of Management and Research (SPJIMR)
The SP Jain Institute of Management and Research is credited with an elaborate and inventive curriculum as well as links to reputable international business schools. Despite the fact that NMAT scores are accepted at SPJIMR, the admission process has a limited admit rate.
| Location | Mumbai |
| Establishment Year | 1981 |
| Courses Offered | PGDM, also known as the Global Management Program |
| Other Entrance Exams Accepted | GRE/ GMAT/ CAT/ XAT |
| Fees | INR 9.5 lakh - INR 24 lakh |
| Website | http://www.spjimr.org |
3. XIM University
XIM University offers special emphasis to management education with a stress on ethics and leadership.
| Location | Bhubaneswar |
| Establishment Year | 2013 |
| Courses Offered | Postgraduate program MBA, especially in Business Management and Human Resource Management. |
| Other Entrance Exams Accepted | XAT/CAT/GMAT/X-GMT |
| Fees | INR 3.89 L - 14 L |
| Website | https://xim.edu.in/ |
4. SDA Bocconi Asia Center
The SDA Bocconi Asia Centre is closely connected with the SDA Bocconi School of Management in Italy. This institute provides an actual international MBA program. It offers various IEMB, IBM, and Certificate programs. Whereas the infrastructure facilities include Cafeteria, Hostel, Classroom, Library, etc.
| Location | Mumbai |
| Establishment Year | 2012 |
| Courses Offered | International Master in Business (IMB) |
| Other Entrance Exams Accepted | CAT/ GMAT/ GRE |
| Fees | INR 1 L - INR L |
| Website | https://sdabocconiasiacenter.com/ |
5. TAPMI (T.A. Pai Management Institute)
TAPMI combines academic rigour with practical learning, offering you excellent opportunities for career growth. It scored a rank of 58 in the Management Category by NIRF Rankings 2024. The college offers various courses such as BBA, IPM, MBA, Online MBA, and PhD.
| Location | Manipal |
| Establishment Year | 1980 |
| Courses Offered | PGDM (various specialisations) |
| Other Entrance Exams Accepted | CAT, XAT, GMAT, IPMAT |
| Fees | INR 7.2 L - INR 17.34 L |
| Website | https://www.tapmi.edu.in/ |
6. Indian School of Business (ISB)
The Indian School of Business is a globally acclaimed institute offering courses designed for working professionals and executives affiliated with UniPune (SPPU).
| Location | Hyderabad, Mohali |
| Establishment Year | 2010 |
| Courses Offered | Post Graduate Programme in Management for Working Professionals |
| Other Entrance Exams Accepted | GMAT, GRE, TOEFL, IELTS, CAT |
| Fees | INR 18.65 L - INR 24.72 L |
| Website | www.isbmsot.org |
7. K J Somaiya Institute of Management
K J Somaiya is a favourite among NMAT aspirants due to its strong industry connections and affordable fees. It was ranked 10th in the Management category by the Outlook in 2025 and offers various MBA, MCA, and PhD courses.
| Location | Mumbai |
| Establishment Year | 1981 |
| Courses Offered | MBA (various specialisations), MBA in Healthcare Management |
| Other Entrance Exams Accepted | |
| Fees | INR 11.69 L - INR 18.5 L |
| Website | https://www.simsr.somaiya.edu/en |
8. Shiv Nadar Institute of Management Studies
The Shiv Nadar Institute of Management Studies stands out for its modern curriculum and focus on innovation in management education. It was ranked 62 by NIRF in the 2024 Management category, and 62nd in the Overall category.
| Location | Delhi NCR |
| Establishment Year | 2011 |
| Courses Offered | MBA (General and Specialised) |
| Other Entrance Exams Accepted | CAT, MAT |
| Fees | INR 5 L - INR 11 L |
| Website | http://www.snu.edu.in |
9. ICFAI Business School (IBS)
The ICFAI Business School is known for its industry-focused programs and excellent placement records across its campuses. It was established in 1995 and offers various facilities such as a Cafeteria, a Hostel, a Library, and a Health Centre. The admission cycle usually starts in February every year for various courses.
| Location | Hyderabad, Gurgaon, Mumbai, and other campuses |
| Establishment Year | 1995 |
| Courses Offered | MBA, PGDM |
| Other Entrance Exams Accepted | CAT/GMAT/XAT/IBSAT |
| Fees | Rs 5.25 L - 17.01 L |
| Website | general.ibsindia.org |
10. Great Lakes Institute of Management
The Great Lakes Institute of Management provides a unique learning experience with a focus on entrepreneurship and analytics. The college was established in 2004 and offers various courses for MBA and PGDM admissions. The average fees vary as on the course selected by you. It includes 2 PG and 2 Executive courses.
| Location | Chennai |
| Establishment Year | 2004 |
| Courses Offered | PGDM, PGPM |
| Other Entrance Exams Accepted | CAT, XAT, GMAT |
| Fees | Rs 9.45 L - 11.5 L |
| Website | http://www.greatlakes.edu.in |
Admission Process of Top NMAT Score Accepting Colleges
To gain admission to colleges accepting NMAT scores in India, you must follow these steps:
- Select Preferred Colleges- NMAT allows the candidate to opt for five colleges out of the list that is included in the process of registration. For other colleges, the candidates are required to pay Rs354 for each institute.
- Take the NMAT Exam- Sit for the NMAT by GMAC exam at the intended time and ensure a score as high as possible.
- Send Scores- Your NMAT scores will be forwarded to the colleges you choose during registration, and without any additional charge from GMAC.
- Direct Application- After getting your scores, you can plan directly to the institutions of your choice to fill the remaining portions of the NMAT application form.
Also Read: How is the NMAT Exam Different from the CAT?
Tips for Choosing the Right MBA College after NMAT by GMAC
Therefore, choosing which college to attend may be very challenging with such a wide variety. Consider these factors when shortlisting:
- Accreditation and Rankings: The approval of AICTE and NBA should also be checked, and the NIRF rankings as well.
- Placement Records: Check out the college placement record and average salary provided to its students.
- Specialisations: Make sure the college teaches the MBA specialisation of your choice.
- Location: Take the geographical location into consideration, so that there will probably be a lot of networking and exposure to the industry.
Also Read: How to Strategically Plan 3 Attempts of NMAT?
The best NMAT by GMAC colleges in India are best for MBA aspirants due to various reasons as follows. From NMIMS and SPJIMR to XIM University and SDA Bocconi, all the institutes’ courses are crafted to give you the best foundation for the perfect management profession.
If you want to take NMAT 2025 participating colleges, then make sure to dig deeper into these NMAT colleges in India before making any final decision. That is why college decisions can act as a key which opens the door to the prospective future in the case of the right choice.
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