In the quest for an MBA Abroad, the Graduate Management Admission Test (GMAT) serves a pivotal role in MBA admissions as it is a reliable predictor of academic performance in business school. With the latest version of the GMAT now focusing on real-world skills and adaptive reasoning, understanding the cutoff scores for top MBA colleges becomes essential for GMAT aspirants. These cutoffs not only reflect the academic standards necessary for admission but also provide clarity and direction, helping candidates calculate their chances at the top MBA colleges.
Cutoff scores are the minimum GMAT scores required by MBA programs for admission consideration. These scores are determined based on the academic standards and competitive landscape of each institution. A strong GMAT score can significantly enhance an applicant’s profile, demonstrating their potential to succeed in rigorous MBA programs. In this article, we will discuss the cutoffs of top MBA colleges in India, which one can aim for, through the GMAT Exam.
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Indian School of Business (ISB)
Indian School of Business (ISB) offers the Post Graduate Program (PGP). The average GMAT score ranges from 710 to 720. ISB has campuses in Hyderabad and Mohali.
The program fee is INR 42,13,000, which includes an admission fee of INR 3,00,000 and a program fee of INR 39,13,000 for the academic year 2024-2025. The duration of the program is one year.
Eligibility criteria include a bachelor’s degree and a minimum of two years of work experience, with a maximum of twenty years of work experience. The average package offered is INR 33.26 lakh per annum.
IIM Ahmedabad
IIM Ahmedabad offers the Post Graduate Program in Management for Executives (PGPX). The average GMAT score for the batch of 2024 is 693, and for 2023, it was 701. The location is Ahmedabad.
The program fee is INR 33,00,000 for single accommodation and INR 35,00,000 for married students. The duration of the course is one year.
Eligibility criteria include a bachelor’s degree and a minimum of four years of work experience. The average package offered is INR 35.68 lakh per annum.
Note: IIM Ahmedabad does not accept any online or take-home GMAT scores. Only test center-based GMAT scores are valid. The new GMAT Focus Edition exam scores will also be accepted for the 2024-2025 batch.
IIM Bangalore
IIM Bangalore offers the Executive Post Graduate Program (EPGP). The average GMAT score is 708. The location is Bangalore.
The program fee is INR 31,05,000, which includes a tuition fee of INR 25,00,000, accommodation charges of INR 80,000, international immersion charges of INR 5,00,000, and a refundable deposit of INR 25,000. The duration of the course is one year.
Eligibility criteria include a bachelor’s degree and a minimum of five years of work experience, with a maximum of twelve years of work experience. The average package offered is INR 35.31 lakh per annum.
Note: IIM Bangalore does not accept any online GMAT scores for the EPGP 2024-2025 batch.
IIM Calcutta
IIM Calcutta offers the Post Graduate Program for Executives (PGPEX). The average GMAT score is 701. It is located in the heart of Calcutta.
The program fee is INR 33,00,000. The duration of the course is one year.
Eligibility criteria include a bachelor’s degree and a minimum of five years of work experience. The average package offered is INR 35.07 lakh per annum.
IIM Lucknow
IIM Lucknow offers the International Program in Management for Executives (IPMX). The average GMAT score required is 710.
The program fee is approximately INR 26,00,000, plus a refundable fee of INR 20,000 and an alumni membership of INR 5,000. The duration of the course is one year.
Eligibility criteria include a bachelor’s degree and a minimum of five years of work experience. The average package offered is INR 26.47 lakh per annum.
IIM Kozhikode
IIM Kozhikode offers the Executive Post Graduate Program (EPGP). The average GMAT score required is 709.
The program fee is INR 14,00,000. The duration of the course is two years.
Eligibility criteria include a bachelor’s degree and a minimum of three years of work experience. The average package offered is INR 31.02 lakh per annum.
IIM Kozhikode also offers a one-year Business Leadership Program (PGPBL), which you can apply for using GMAT scores. The program fee ranges from INR 22,00,000 to INR 25,00,000. The average package offered is INR 29.23 lakh per annum. The program includes an international immersion program for two weeks, with the previous batch visiting SDA Bocconi.
IIM Indore
IIM Indore offers the Executive Post Graduate Program (EPGP). The average GMAT score required is 650.
The program fee is INR 22,11,800. The duration of the course is one year.
Eligibility criteria include a bachelor’s degree and a minimum of five years of work experience. The average package offered is INR 27.8 lakh per annum.
XLRI Jamshedpur
XLRI Jamshedpur offers the Post Graduate Diploma in Management (PGDM) in General Management. The duration of the program is fifteen months. The average GMAT score required is 686.
The program fee is INR 23,15,000 per annum. Eligibility criteria include a bachelor’s degree and a minimum of five years of work experience. The average package offered is INR 29.40 lakh per annum.
MDI Gurgaon
MDI Gurgaon offers several programs: PGDM BM, PGDM PPM, and PGDM BA (Post Graduate Diploma in Business Management, Public Policy and Management, and Business Administration).
The average GMAT score required is 660. The program fee is INR 10,70,300 per year. The duration of the course is twenty-four months.
Eligibility criteria include a bachelor’s degree with a minimum of 50% and a minimum of three years of work experience. The average package offered is INR 24.21 lakh per annum.
Note: Only for NRI Students.
Other Notable Colleges
Several other notable colleges in India accept GMAT scores for their particular Programs. Here are some of them:
- IIM Trichy: PGP BM
- IIM Udaipur: MBA in Digital Enterprise Management, Global Supply Chain Management
- SPJIMR: PGPM
- IIM Ranchi: PGEXP
- IIM Rohtak: EPGP
- Great Lakes: PGDM, PGPM
- NMIMS Mumbai: Part-time MBA
- TAPMI: PGDM, HRM, Marketing
- IMI Delhi: Executive PGDM
- IIM Shillong: PGP EX
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