NMAT Colleges List 2024, Check Highest & Average Package

NMAT Colleges: The Master of Business Administration (MBA) is now a crucial qualification for anyone hoping to work in corporate leadership. A comprehensive programme that develops future leaders, the MBA stands out as a valuable resource for professionals with a combination of theoretical knowledge and practical abilities, which is in high demand by organisations worldwide.

An MBA offers several benefits. Career Advancement - Offers a route to executive and management roles. It helps in building a large professional network through networking. it strengthens leadership, problem-solving, and strategic thinking abilities. And lastly, it gives you a higher earning potential. The salary gains for top B-School graduates is fairly substantial.

Top Management Entrance Exams in India

Numerous management admission tests are offered in India, and they act as entry points to prestigious business schools. These carefully crafted tests are meant to evaluate a candidate's proficiency in a number of areas, such as verbal, logical, quantitative, and data interpretation skills. In India, the following are a few of the most important management entry exams:

1. The Common Admission Test (CAT) is one of the most prominent and generally recognised entrance tests for MBA programmes in India. It is administered by the Indian Institutes of Management (IIMs). The CAT is the gold standard of management entrance exams in India. Over 3 lakh participants take the CAT every year. It provides you access to the largest set as well as the top management institutes in the country.
2. Xavier Aptitude Test (XAT):  It is administered by Xavier School of Management (XLRI). While not as popular as the CAT, it is one of the more difficult exams in India. It gives you access to XLRI - the oldest management college in India - and several other colleges. The sort of opportunities you get when you graduate from XLRI are similar to the top IIMs.
3. Graduate Management Admission Test (GMAT): Several Indian B-schools accept the GMAT for their MBA and Executive MBA programmes, despite it being an international exam. There is a misconception that only foreign universities accept GMAT. The Indian School of Business (ISB) is one such university that accepts GMAT scores.
4. NMIMS Management Aptitude Test (NMAT): Administered by GMAC, the NMAT is becoming more and more well-known due to its distinctive format and increased acceptability in educational institutions. GMAC is the body which administers the GMAT. The format of the two exams is similar and their acceptability in India is similar as well. There are multiple colleges in India that accept an NMAT score.

Top Colleges Accepting NMAT Score

A well-known MBA entrance exam for admission to several prestigious MBA Colleges in India and outside is the NMAT administered by GMAC. The GMAC, proclaims NMAT to be the most student-friendly management exam in India. Multiple testing windows and the adaptive structure of the exam provide flexibility and an equitable evaluation of candidates' abilities. The test is a fair assessment of every candidate's strengths.

Here is a thorough examination of a few of the best universities in India that recognize NMAT results:

SVKM's Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

One of India's top B-schools and the best MBA college that takes NMAT scores is Narsee Monjee Institute of Management Studies, or NMIMS Mumbai. Every year, NMIMS Mumbai accepts the NMAT for admission to its colleges' postgraduate management programmes. NMIMS, which is regarded as one of the top MBA programmes in Mumbai, maintains its position thanks to its first-rate resources, infrastructure, and placements. To be considered for admission to NMIMS, Mumbai, candidates must aim for a score of 240 or higher. NMIMS is a preferred destination for many simply because of the range of options in provides.

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XIM-B Human Resources

XIM University is the Xavier Institute of Management, Bhubaneshwar, or XIMB, is one of the premier Business Schools under XIM University With your NMAT results, you can apply to XIMB's highly coveted HR programme. Aspirants must regularly stay updated on the XIMB Structure, which will determine the cut-off and selection process. For admission to XIMB, the nominal cut-off score for the NMAT would be 225 or higher.

A. Pai Management Institute (TAPMI), Manipal

TAPMI is one among India's top 1% of B-Schools according to rankings. It provides a full-time MBA programme with a range of specialisations, such as human resource management and marketing. You can use your NMAT result of 220 or higher to apply to this esteemed institute.

KJ Somaiya Institute of Management Studies

One of the best universities that accepts NMAT applicants, KJ Somaiya is accredited by the NBA and AACSB and provides students with a broad choice of postgraduate programmes in sports management, general management, and other fields. In order to apply for admission to KJ's MBA and PGDM programmes, candidates must take the NMAT with a goal score of 220 or more.

S. P. Jain Institute of Management and Research(SPJIMR), Mumbai

SPJIMR is a highly sought-after college by a lot of students. It is amongst the highest rated colleges in India, being rated #1 by Financial Times. This is so because it selects students based on their profile and not simply on their academic background. Students should note that SPJIMR does not take NMAT scores for its flagship PGDM course but rather for the PGMPW - Post Graduate Management Programme for Women. It is an 11 month residential program for women who have work experience but might have taken a break. This programme is going to commence from 2024, So, placement data is not available.

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