The importance of an MBA which opens up the doors of immense opportunities for an accelerated career can never be denied. The demand for an MBA is always aspiring for a student and for companies as well. The Indian economy is a mixed economy and it is the seventh-largest in the world measured by nominal GDP and the third-largest by purchasing power parity (PPP). All the aforesaid points make India as a splendid destination for management and business studies. The course structure of MBA in India is taken 70% across the world’s B-schools.
Advantages of pursuing MBA in India:
- One may apply to the course with less or no prior working experience.
- MBA course cost is relatively less as compared to US and UK based B-schools programs
- The B-schools in India have tie-ups with foreign B-schools to provide in-depth knowledge about the management strategies.
- The chances of procuring job are relatively higher here, as it is one of the fastest growing economies.
- Due to its vivid cultural diversity and ethnic sophistications international students prefer India.
How to get into Indian B-schools?
Since India is the second highest populous country so the competition for acquiring a seat in eminent MBA schools is a challenging. Indian B-schools conduct numerous MBA entrance tests for students to get into it. However, mostly Indian B-schools admit Indian students through CAT (Common Aptitude Test) in their programs. The Indian B-schools consider GMAT score for international students and Indian students to a certain extent if they have a good number of years of working experience.
Here is the list of MBA entrance test conducted in India:
- Common Admission Test (CAT)
- Common Management Admission Test (CMAT)
- GMAT by GMAC
- NMAT by GMAC
- Xavier Aptitude Test (XAT)
- Symbiosis National Aptitude (SNAP)
- Management Aptitude Test (MAT)
- Indian Institute of Foreign Trade (IIFT) Exam
- AIMS Test for Management Admissions (ATMA)
- ICFAI Business School Aptitude Test (IBSAT)
Top seven Indian B-schools accept the minimum of the GMAT score:
From the records of Gmatclub.com, we accumulated the minimum score one must to score to hold back a seat in a dream b-school.
|Rank||Name of B-school||Minimum GMAT Score|
|1||Indian School of Business (ISB), Hyderabad||716|
|2||Indian Institute of Management, Ahmedabad||720|
|3||Indian Institute of Management, Bangalore||695|
|4||Indian Institute of Management, Calcutta||700+|
|5||Indian Institute of Foreign Trade||700+|
|6||S.P.Jain Institute of Management & Research, Mumbai||650|
|7||Great Lakes Institute of Management, Chennai||690|
The above mentioned data are taken from different sources, for more details please check the official college websites.
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