Updated on 22nd October 2024 | 10:29 am | #TopNMATColleges
NMAT is a well-recognized MBA entrance examination managed by the Graduate Management Admission Council and is recognized by a total of 78 colleges accepting NMAT scores across the globe. If we talk about India, 51 B-schools in India accept NMAT scores for their MBA/PGDM admissions. It is particularly known for gaining admission to NMIMS's excellent MBA programs in Mumbai, Hyderabad, and Bengaluru. And this is not it; it is not limited to India but is also widely accepted outside the country as well.
To qualify for the NMAT 2024, candidates must have completed a bachelor's degree from a renowned university or college with a minimum aggregate of 50% or an equivalent GPA. The exam is conducted over a 70-day window period, and registration is carried out through the official NMAT website. Once the registration is completed, candidates can choose 5 colleges from the list of top NMAT colleges for a registration fee of INR 3000.
All the NMAT aspirants must mark their calendars and gear up their preparation for NMAT 2024 as the exam dates are out. Given below are the exam dates for the NMAT exam 2024:
Event |
Start Date |
End Date |
Registration date |
August 1st, 2024 (Thursday) |
October 10th, 2024 (Thursday) |
Scheduling |
August 1st, 2024 (Thursday) |
October 14th, 2024 (Monday) |
Re-scheduling |
August 1st, 2024 (Thursday) |
December 16th, 2024 (Monday) |
Exam Date |
November 5th, 2024 (Tuesday) |
December 20th, 2024 (Friday) |
Registration-retake |
November 6th, 2024 (Wednesday) |
December 16th, 2024 (Monday) |
Retake re-scheduling |
October 14th, 2024 (Monday) |
December 16th, 2024 (Monday) |
In order to stay updated with all the latest announcements on NMAT 2024, you must visit: NMAT Notifications 2024
NMAT 2024 is a computer-based test that consists of 3 sections - Language Skills, Logical Reasoning, and Quantitative Skills. The overall test duration is 2 hrs. There is an individual time limit for each section. Students can choose the order in which they wish to attempt the paper. All the questions in the NMAT exam are MCQ-type questions. The medium of instruction for NMAT 2024 is English.
The table given below provides a brief of the NMAT Exam Pattern 2024 for your guidance:
Section |
No of Questions |
Sectional Time Limit |
Range of Marks |
Quantitative Skills |
36 |
52 |
12-120 |
Logical Reasoning |
36 |
40 |
12-120 |
Language Skills |
36 |
28 |
12-120 |
Total |
108 |
120 |
36-360 |
On the other hand, the NMAT exam, like other MBA entrance exams, does not adhere to a specific NMAT syllabus 2024. However, based on past trends, we can conclude that it will be more or less similar to the SNAP exam syllabus. Our experts have compiled a comprehensive list of topics based on previous NMAT exams, as follows:
Deciding on the right program is just as important as choosing a top B-school with great MBA courses and promising career options. Please refer to the table below for details on the courses available through the NMAT exam:
Particular |
Details |
Number of NMAT Accepting Colleges |
More than 750+ Colleges (Approximately) |
College Fees |
4 - 25 LPA (Varies from College to College) |
Courses Offered |
|
NMAT Admission Process |
NMAT exam score + GD-PI and WAT |
The NMAT examination opens doors to numerous top B-schools with varying percentile cutoffs for admission, accompanied by program fees and average placement records for each institution. This information helps aspiring candidates make informed decisions about their educational and professional pursuits.
Following are the top listed B-schools and their percentile cutoffs, along with program fees and average placement records:
College Name |
Required NMAT Scores |
Fees (For 2 Years in LPA) |
Placement - Average CTC (LPA) |
Placement - Highest CTC (LPA) |
235+ |
23.07 |
26.63 |
67.8 (International) |
|
225+ |
20.87 |
12.32 |
25.96 |
|
NMIMS Bangalore |
220+ |
23.9 |
14 |
19.7 |
IFMR Graduate School of Business |
210+ |
14.56 |
13.5 |
22.9 |
NMIMS Hyderabad |
210+ |
10 |
13.01 |
28.05 |
T.A. Pai Management Institute (TAPMI) |
200+ |
16.5 |
14.6 |
24.8 |
SDA Bocconi Asia Center |
200+ |
38.8 |
14.3 |
39.24 |
NMIMS Indore |
200+ |
17 |
12.5 |
16.8 |
SRM University, Delhi – NCR, Sonepat |
200+ |
4.42 |
5.11 |
12 |
Shiv Nadar Institute of Management Studies |
200+ |
11 |
- |
22 |
NMIMS Navi Mumbai |
180+ |
23.9 |
13.6 |
25 |
Indian School of Business (ISB) |
170+ |
24.59 |
33.25 |
45+ |
School of Petroleum Management, PDPU |
160+ |
11.46 |
9.2 |
21 |
ICFAI Business School |
150+ |
6.03 |
10.42 |
21 |
*This data has been collected based on the CAT 2023 results and has been updated as of January 2024.
As the number of NMAT Colleges increases, it becomes essential for the candidate to keep track of the NMAT Colleges to which they might be eligible. While there are several colleges that accept the NMAT Score, there are only a few NMAT Colleges that almost all the aspirants will be looking to get into. These colleges are focused on in this section:
Narsee Monjee Institute of Management Studies, popularly known as NMIMS Mumbai, is one of the best colleges accepting NMAT scores for its MBA programs. The university is recognized by the University Grants Commission (UGC) and the Distance Education Council (DEC). NMIMS is ranked among the top 10 private business schools in India and has a strong reputation for its academic excellence and industry connections. NMAT 2024 aspirants may set a target of 232 and above in order to meet the cut-off for admission into NMIMS, Mumbai.
SP Jain, Mumbai, also comes under the list of NMAT accepting colleges, which isn’t an easy nut to crack. The qualifying NMAT cutoff for SP Jain usually requires an 80 percentile, and the NMAT score range for SPJIMR MBA usually varies from 240 to 300. Candidates with a minimum score of 240 are generally considered for the group discussion (GD) and personal interview (PI) rounds. However, the exact cut-off may vary depending on the session and the quota.
Xavier Institute of Management, Bhubaneshwar, or XIMB, is one of the top B-schools accepting NMAT scores at XIM University. Yes, you can apply for XIMB via your NMAT score for its prime HR and other programs. The NMAT cut-off and the selection for the same would be as per the XIMB structure, which aspirants need to have regular updates on as it changes over the years. The nominal cut-off of your NMAT score for admission to XIMB would range from 225 and above.
T.A. Pai Management Institute (TAPMI) is another B-school accepting NMAT scores that offers a full-time MBA program with various specializations, including Marketing, HRM, etc. It is accredited by the International Assembly for Collegiate Business Education (IACBE) and has received numerous awards for its academic excellence. You can make it through TAPMI even using your NMAT scores with a minimum mark of 220 and above.
ISB Hyderabad is among the top B-schools that accept NMAT scores for their business analytics programs. The ISB NMAT cutoff depends on key factors such as the difficulty level of the NMAT exam, the total qualifying candidates, the normalization of scores, the total seats offered, and the reservation criteria. The minimum marks required to clear the ISB Hyderabad NMAT cutoff are usually around 180 and above; further selection is based on NMAT scores and candidates' performance in GDPI rounds.
There are 45+ colleges accepting NMAT scores for admission to their MBA programs in India. Here is a list of top NMAT colleges as per the official list for your reference:
Top NMAT Accepting Colleges |
Location |
Narsee Monjee Institute of Management Studies (NMIMS) |
Mumbai |
Narsee Monjee Institute of Management Studies (NMIMS) |
Bangalore |
Narsee Monjee Institute of Management Studies (NMIMS) |
Hyderabad |
Narsee Monjee Institute of Management Studies (NMIMS) |
Navi Mumbai |
Narsee Monjee Institute of Management Studies (NMIMS) |
Indore |
Narsee Monjee Institute of Management Studies (NMIMS) |
Shirpur |
Institute of Management Technology |
Ghaziabad |
K J Somaiya Institute of Management |
Mumbai |
T. A. Pai Management Institute (TAPMI) |
Karnataka |
XIM University |
Bhubaneswar |
SDA Bocconi Asia Center |
Mumbai |
Indian School of Business |
Hyderabad |
Great Lakes Institute of Management |
Chennai |
ICFAI Business School |
Hyderabad |
Shiv Nadar Institute of Management Studies |
Greater Noida |
FLAME University |
Pune |
Athena School of Management |
Mumbai |
Thapar School of Management |
Chandigarh |
SOIL Institute of Management |
Gurugram |
BML Munjal University |
Delhi NCR |
Bennett University |
Noida |
Universal Business School |
Mumbai |
SRM University |
Chennai |
Alliance University |
Bangalore |
Amity University |
Noida |
Jindal Global Business School |
Delhi NCR |
VIT University |
Vellore |
Lovely Professional University |
Punjab |
Chitkara University |
Chandigarh |
Jindal Global Business School |
Delhi NCR |
International School Of Business & Research |
Bangalore |
Woxsen School of Business Management |
Hyderabad |
NMAT scores are accepted not only in India but also in South Africa, Morocco, Nigeria, Philippines, and Hungary, with over 25 universities. Here is a country-wise list of a few institutes:
A candidate gets an option of selecting up to 5 Top NMAT Colleges schools from the list of participating colleges during NMAT registration. If a candidate wants to apply to more than 5 colleges, an additional fee of Rs 300 + taxes will be charged per scorecard.
GMAC sends the NMAT report to the preferred universities after the declaration of the result. The colleges set a minimum cut-off as an admission barrier to sift the candidates based on various parameters, including 10th, 12th, and graduation grades, gender diversity, and work experience.
While the names of the top NMAT colleges seem to be extremely alluring, the choices should not be made on reputation alone. Numerous factors, including program offered, location, placements, and fees, come into play as per an individual’s requirements.
NMIMS Mumbai remains the top choice for MBA admissions through the NMAT Exam. On the other hand, ISB is a good opportunity for working professionals looking to upgrade themselves or someone who is extremely interested in the field of Machine Learning.
NMAT has the longest testing window of 70 days, and candidates can make a maximum of 3 attempts per year. Candidates can apply for the exam by completing the NMAT 2024 registration process online, which is available on the official website now that registrations are open.
Candidates scoring 200 points are also eligible for admission to other well-known institutions like Bennett University, ISBR Business School, IBS Hyderabad, SDA Bocconi, and Alliance University in Bangalore, according to the rankings from 2021.
A score of 195 in NMAT exam is regarded as a good score and may qualify you for consideration at numerous reputable B-schools. Based on the previous year's data, colleges accepting NMAT scores, such as NMIMS Navi Mumbai, Hyderabad, Shirpur, and Indore, have accepted scores in this range.
A score ranging between 230 to 240, which is around 99+ percentile, is a good score in NMAT Exam.
Scoring between 230-240 in the NMAT exam corresponds to a high percentile ranking. A score of 200 is also considered strong and may qualify candidates for MBA admission at other prestigious NMAT-accepting colleges, apart from NMIMS Bangalore and NMIMS Mumbai campuses.