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Top NMAT Colleges that you should target

The NMAT is a national level MBA Entrance Exam conducted by GMAC (Graduate Management Admission Council). One of the major reasons for the popularity of the NMAT Exam is the fact the NMAT Score is accepted by several top colleges across the world. NMAT has a wide acceptability as there are more than thirty colleges in India that accept NMAT by GMAC exam as an entry route for MBA admission. Mostly aspirants take NMAT to get admission in NMIMS’ flagship MBA program across Mumbai, Hyderabad and Bengaluru campuses. The minimum eligibility criteria for the NMAT is that a candidate should have completed bachelors from a recognized college/university with a minimum aggregate of 50% or equivalent grade point average. NMAT is taken in a 75 day window and the registration for the year 2020 could be done by visiting the official website of NMAT by GMAC. Students are allowed a maximum of three retakes of NMAT and there needs to be a breather of fifteen days between two retakes of examination.

Important dates for NMAT

The last NMAT exam result was released in February 2021. There are still many MBA admission options which are open based on NMAT 2020 score.

NMAT is organized in a 75-day test window. The registration for the same will begin most probably in the month of August. GMAC has not released the latest NMAC dates for 2021 yet, However, based on previous year’s analysis, here is a tentative schedule of NMAT exam for the year 2021:

NMAT 2020 Important dates

A listed B schools offering admission based on NMAT

As the number of NMAT Colleges increase, it becomes important for the candidate to keep track of the NMAT Colleges which they might be eligible for. While there are several colleges which accept the NMAT Score, there are only a few NMAT Colleges which almost all the aspirants will be looking to get into. These colleges are focused on in this section:

  • NMIMS Mumbai – NMIMS Mumbai is the convener of the NMAT Exam and the flagship college for most people. NMIMS Mumbai uses the NMAT Score to shortlist students for their flagship MBA Course as well as their MBA (HR) and MBA (Pharma) course. NMIMS Mumbai has a very good reputation for Marketing and Finance and has the benefit of being located in a prime location i.e. Mumbai. The average fees of MBA in NMIMS is 17.44 lakhs and the average placement package of NMIMS was around 17.58 lakhs in 2019. The cut off for all the branches of NMIMS is above 94%.
  • Xavier Institute of Management, Bhubneshwar  –  XIMB ranks 31st in the MHRD NIRF rankings 2020 and is among top10 best private b schools of the country. XIMB is one of the member institutes of XLRI Jamshedpur. It decided to accept the NMAT Score and become one of the NMAT Accepting Colleges in 2016. The courses for which students can apply through NMAT is MBA (Business Management) and MBA (Global Management). The average fee for an MBA program at XIMB is Rs 16.60 lakhs and the average placement package was arund 13.80 in 3029. The cut off for XIMB is 90% and above.
  • ISB Hyderabad – ISB Hyderabad has decided to accept the NMAT Score for their new program called the Advanced Management Program in Business Analytics. This program has been designed keeping in mind working professionals and consists of a combination of classroom sessions and online sessions. More details about the program can be found on the official website.
  • SP Jain Institute of Management and Research– Another big entrant amongst NMAT Colleges and will go a long way in helping boost the number of candidates taking NMAT. This is the first year that SP Jain has decided to take the NMAT Score as a qualifying measure. It will accept the NMAT Score for their PGMPW or the Post Graduate Management Program for Women. It accepts the scores of other MBA Entrance Exams such as GMAT, GRE, CAT and XAT as well. This program has been built only for women with the intention of helping those women who have taken a break in their career. The average program fee is around 17.87 lakhs and the average placement being around 22 lakhs. The NMAT cut off for SPJIMR is 85%

Other B schools accepting NMAT scores for MBA admission 2020:

  • TAPMI Manipal (Mu Sigma)
  • Xavier School of Rural Management – Bhubaneswar
  • Xavier School of Sustainability - Bhubaneswar
  • SDA Bocconi Asia Center, Mumbai
  • ICFAI Business School (IBS), in Hyderabad, Kolkata, Jaipur, Ahmedabad, Pune, Gurgaon, Dehradun, Bengaluru & Mumbai
  • BSE Institute Ltd, Mumbai, New Delhi, Chennai, Kolkata, Ahmedabad’
  • Jindal Global University
  • Alliance University
  • VIT University
  • Shiv Nadar MBA: School of Management and Entrepreneurship Greater Noida
  • WOXSEN Hyderabad: WOXSEN School of Business
  • Amity University, Noida (Delhi NCR)
  • Thapar School of Management, Mohali
  • GITAM School of International Business (GSIB), Visakhapatnam
  • University of Petroleum and Energy Studies Dehradun
  • BML Munjal University, BMU Gurgaon
  • GSIB Visakhapatnam: Gitam School of International Business
  • Amrut Mody School of Management, Ahmedabad University,
  • Bennett University Greater Noida, Delhi NCR
  • Myra School of Business, Mysuru (Karnataka)
  • Jain University, Bangalore
  • Universal Business School, Mumbai
  • Pandit Deendayal Petroleum University, Gandhinagar, Gujarat
  • IILM University, Gurgaon (Delhi NCR)
  • ISBR Business School, Bangalore, Chennai
  • Ansal University, Gurgaon
  • Lovely Professional University, Phagwara, Punjab

NMAT is a highly respectable exam and is accepted by many decent MBA colleges across the country apart from NMIMS.

NMAT Registration form for colleges

These above-mentioned are the top NMAT Colleges which accept NMAT scores as a qualifying criterion as they are registered with GMAC regarding the same. A candidate gets an option of selecting up to 5 Top NMAT Colleges schools from the list of participating colleges which will be provided during NMAT registration. If a candidate wants to apply to more than 5 colleges, an additional fee of Rs 236 will be charged for each newly added institute.

GMAC sends the NMAT report to the preferred universities after declaration of result. The colleges set a minimum cut off as an admission barrier to sift the candidates based on various parameters e.g 10th, 12th and Graduation grades, Gender Diversity, work experience, gender etc. A score of 220 will guarantee a call from all the NMAT accepting colleges, including NMIMS Mumbai.

NMAT Online Coaching

While preparing for NMAT with the prevailing tough competition it gives an edge to the students preparing along with the right guidance and with the right approach. NMAT Online Coaching provides you with an opportunity to learn from the top educators and be a part of the CL's legacy of producing toppers every year.

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What decides which NMAT College to go for?

While the brand names of the Top NMAT Colleges seem to be extremely alluring, it is not always wise to make the decision based on them alone. The newer entrants into the list of NMAT Colleges have not opened admission into the flagship programs through NMAT. Given this circumstance, it would be wise to decide on the Top NMAT Colleges to shortlist based on the programs they offer rather than the brand name.

NMIMS Mumbai remains the most alluring choice for now considering it opens up admission to all their courses, including their flagship courses, to candidates through the NMAT Exam. On the other hand, ISB would represent a very tempting opportunity for working professionals looking to upgrade themselves or someone who is extremely interested in the field of Machine Learning. SP Jain has opened doors to their program for women through the NMAT Exam. This would attract a different audience while XUB will attract candidates who are looking at doing an MBA in HR.

One thing is clear! The popularity of NMAT will only continue to grow if they are able to rope in new NMAT colleges into the gambit and get them to open admissions into their flagship programs and Top NMAT Colleges through the NMAT Exam.