Top B-Schools Accepting NMAT Score
NMAT acts as a gateway to the prestigious institute like NMIMS and many other partner institutes like Indian School of Business, Bhartiya Vidya Bhavan, Xavier University, etc. The best part about this exam is that each year the numbers of B-Schools accepting NMAT scores are increasing and thus, increasing the value of the NMAT score. The important thing to note is that you can select up to 5 schools/programs to which you would like to report your test scores for free of cost.
You can apply to any of the B-school where NMAT scores are valid. Many institutes from South Africa and the Philippines also accept NMAT scores, thus, if you are looking for a degree from the international institution you are in a safe zone.
Let us take a look at the top institutes accepting the scores of NMAT by GMAC for admission to their flagship program.
Narsee Monjee Institute of Management Studies (NMIMS)
NMIMS is considered to be in the top ten B-Schools in India. You can apply for all of its four campuses which are at Mumbai, Shirpur, Bangalore & Hyderabad. The fee structure for PG program at NMIMS ranges from 17.5 lac for MBA, MBA HR, MBA Family Business to 5 lac for Executive MBA. You can also pursue PGDM from Bangalore/ Hyderabad/ Navi Mumbai/ Indore with a fee of around 15 lac.
Talking about the placements, it is one of the most reputed institutes in terms of placements with an average CTC of 18 lac in MBA and 14 lac CTC in MBA HR. For summer placements as well, NMIMS has become one of the top hiring destinations for the BFSI sector. The students also find a good opportunity as the companies absorb the talent after the course completion.
Indian School of Business (ISB) Hyderabad
IBS is a highly ranked B-school in India. It has been ranked 12th in the nation by Hindustan Times and also rated as an Excellent Business School by Eduniversal. The fee per annum is around 6.5 lac. Thus, the total fee of the MBA Program is around 14 lac.
Talking about placements, IBS recorded an average salary of around Rs.7.23 lacs per annum and highest salary nationally, Rs.13.00 lac CTC and Rs.22.36 lac internationally. Top recruiters include Amazon, Bajaj Capital, HDFC Bank, ICICI Bank, J.P. Morgan, LG, Maruti Suzuki, Taj Hotels, TCS, Wipro and Zomato.
Xavier University is another well-known destination for aspiring MBA students. Talking about the fees at Xavier University, the fees in the first year of the flagship MBA program is around 9 lakhs. In the second year, the fees are 7 lakhs. Thus, the total annual fee is close to 15 lakhs.
In term of placements, MBA placements in 2018 saw the domestic salary of Rs.23.50 lacs per annum and an average annual CTC stood at Rs.12.91 lacs per annum. Top recruiters include leading organizations like CBC, IBM, ICICI Bank, L&T, PwC, TCS, Deloitte, and EY.
SOIL (School of Inspired Leadership) India
SOIL Gurugram is co-created by a group of 32 MNCs and Indian national companies from wide industry verticals. It helps the students in finding career opportunities and workshops. The course fee for admission in SOIL Gurgaon in PGP for HR Leadership is 12 lac while for PGP in Business Leadership, the fees are 15 lakhs.
Average package offered to a PG in Business Leadership Program with a minimum of 2 years of work experience is 9 lac and in Human, Resources Program is 6 lac. Some of the tech giants that conduct recruitment drive in SOIL Gurugram are Amazon, Bajaj Capital, IBM, ICICI Bank, L&T, PwC, HDFC Bank, ICICI Bank, and J.P. Morgan.
Alliance University is a private university with a campus in Bengaluru. It offers scholarships of up to 50% in the MBA program. Alliance University starts its admission in February which is the next month after the results of NMAT are declared in January. It has fees ranging from 10-15 lakhs for the different verticals.
Talking about its placements, it helps in placing 90% of applied students every year with an average package ranging from 4.00 LPA to 14.00 LPA. Most of the companies that visit the campus are Wipro, IBM, TCS, Bharti Airtel, HCL Technology, ICICI Bank etc.
Hopefully, this small guide will help you in choosing what is best for you and brings you the future you always dreamt of.