NMAT Accepting MBA Colleges 2026: Expected Cutoffs, Fee Structure & Admission Process
Explore the best MBA colleges accepting NMAT scores. Compare expected cutoffs, tuition fees, placement packages, ROI, rankings, and admission process to shortlist the right B-School for your MBA journey.
The NMAT by GMAC is one of India's leading MBA entrance examinations, accepted by more than 85 business schools in India and abroad. It is a computer-adaptive test that evaluates candidates on Language Skills, Quantitative Skills, and Logical Reasoning. One of the biggest advantages of NMAT is that candidates can choose their preferred exam date, time, and test center, and they are allowed multiple attempts to improve their scores. There is also no negative marking for incorrect answers, making it a preferred MBA entrance exam for thousands of aspirants every year.
A good NMAT score can help students secure admission to top management institutes such as NMIMS, TAPMI, K J Somaiya, XIM University, IBS Hyderabad, Alliance University, SDA Bocconi Asia Center, and many other reputed MBA colleges. The required cutoff varies from one institute to another depending on factors such as competition, available seats, and the MBA specialization offered.
To help MBA aspirants make informed admission decisions, we have compiled a comprehensive comparison of NMAT accepting colleges, including expected cutoffs, fee structures, placement statistics, and other important admission details. This comparison will help you identify the best MBA colleges according to your NMAT score, budget, career goals, and preferred location.
📅 NMAT 2026 Important Dates
The NMAT 2026 admission schedule is expected to follow the standard testing cycle, including registration, scheduling, exam window, and score declaration. Candidates should complete the registration process before the deadline and schedule their preferred exam date early to secure their desired slot. Since NMAT allows multiple attempts, planning your test schedule wisely can improve your chances of achieving a higher score for admission to top MBA colleges.
| Event | Expected Date (2026) |
|---|---|
| Registration Starts | August 2026 |
| Registration Ends | October 2026 |
| Exam Scheduling Window | August – October 2026 |
| NMAT Exam Window | November – December 2026 |
| Retake Scheduling | During the Exam Window |
| Unofficial Score Display | Immediately After Exam |
| Official Score Card | Within 48 Hours |
Note: The dates mentioned above are tentative and based on the expected NMAT 2026 schedule. Candidates are advised to regularly check the official NMAT website for the latest notifications regarding registration, exam scheduling, admit cards, and result announcements.
💳 NMAT 2026 Exam Fees
Candidates appearing for the NMAT 2026 exam must pay the applicable registration fee while submitting the application form. The standard registration fee includes sending score reports to up to five participating B-Schools. Additional charges apply for exam rescheduling, retakes, and sending score reports to more than five institutes. All fees are subject to applicable taxes.
| Fee Type | Amount (Excluding Taxes) |
|---|---|
| NMAT Registration Fee | ₹3,000 |
| Retake Fee (Per Attempt) | ₹3,000 |
| Exam Rescheduling Fee | ₹1,200 |
| Additional Score Report (Per College) | ₹400 |
💡 Key Points
- The registration fee includes sending your NMAT score to up to five B-Schools.
- Candidates can take the NMAT exam up to three times (one main attempt + two retakes) during a testing cycle.
- Additional score reports beyond the first five colleges are charged separately.
- Applicable GST/taxes are charged over and above the base fee.
- Exam fees are generally non-refundable.
NMAT Accepting MBA Colleges 2026
Compare the top MBA colleges accepting NMAT 2026 scores based on expected cutoff, total fees, average placement package, ROI, rankings, location, and admission process. Use the comparison table below to shortlist the best B-Schools according to your NMAT score and career goals.
| Institute | Expected NMAT Cutoff | Approx. MBA Fees | Average Placement |
|---|---|---|---|
| NMIMS Mumbai (SVKM) | 225–230 | ₹25–28 Lakhs | ₹25–27 LPA |
| KJ Somaiya Institute of Management, Mumbai | 220–225 | ₹22–24 Lakhs | ₹12–14 LPA |
| IFMR Graduate School of Business (Krea University) | 210–220 | ₹14–16 Lakhs | ₹13–15 LPA |
| Xavier University Bhubaneswar (XIMB) | 200–210 | ₹20–22 Lakhs | ₹18–20 LPA |
| TAPMI, Manipal | 200–210 | ₹18–20 Lakhs | ₹13–15 LPA |
| Great Lakes Institute of Management (Chennai/Gurgaon) | 190–200 | ₹18–21 Lakhs | ₹14–16 LPA |
| SPJIMR Mumbai (PGPM/PGMPW) | 170–190 | ₹22–24 Lakhs | ₹30–35 LPA |
| SDA Bocconi Asia Center, Mumbai | 170–175 | ₹20–22 Lakhs | ₹13–15 LPA |
| SOIL Institute of Management, Gurgaon | 200+ | ₹15–17 Lakhs | ₹10–12 LPA |
| IBS (ICFAI Business School) | 185–190 | ₹14–18 Lakhs | ₹8–10 LPA |
| Bennett University, Greater Noida | 140+ | ₹12–14 Lakhs | ₹7–9 LPA |
| VIT Business School | 180–190 | ₹7–9 Lakhs | ₹8–9 LPA |
| Alliance University, Bangalore | 100+ | ₹15–18 Lakhs | ₹8–10 LPA |
| Amity Business School | 60–65 Percentile | ₹10–14 Lakhs | ₹6–8 LPA |
| UPES School of Business, Dehradun | 140+ | ₹14–18 Lakhs | ₹8–9 LPA |
| Woxsen School of Business, Hyderabad | 160+ | ₹18–22 Lakhs | ₹9–11 LPA |
| GITAM School of International Business | 140+ | ₹8–10 Lakhs | ₹6–8 LPA |
| SRM School of Management, Chennai | 180+ | ₹8–10 Lakhs | ₹6–8 LPA |
| Thapar School of Management, Mohali | 140+ | ₹11–13 Lakhs | ₹10–12 LPA |
| BML Munjal University, Gurgaon | Flexible | ₹13–15 Lakhs | ₹8–9 LPA |
| ISBR Business School, Bangalore | 140+ | ₹10–12 Lakhs | ₹7–8 LPA |
| ITM Business School, Navi Mumbai | 150+ | ₹12–14 Lakhs | ₹8–9 LPA |
| ISB (Advanced Management Program) | 140+ | ₹35–45 Lakhs | ₹30+ LPA* |
| MISB Bocconi (SDA Bocconi Asia) | 70+ Percentile / 200+ | ₹20–22 Lakhs | ₹13–15 LPA |
| Shiv Nadar University, Greater Noida | 60 Percentile | ₹10–12 Lakhs | ₹8–9 LPA |
| BSE Institute Ltd. | 70 Percentile | ₹7–9 Lakhs | ₹6–7 LPA |
| Mody University, Jaipur | 40–60 Percentile | ₹5–7 Lakhs | ₹4–6 LPA |
💡 Admission Tips
While selecting an MBA college, don't rely only on the NMAT cutoff. Compare important factors such as placement records, tuition fees, ROI, specialization, faculty, industry exposure, internship opportunities, campus location, and alumni network before making your final admission decision.
Why Choose MBA Colleges Accepting NMAT Scores?
🎓 Top B-Schools
NMAT scores are accepted by leading management institutes including NMIMS, TAPMI, K J Somaiya, XIM University, IBS Hyderabad, Alliance University, SDA Bocconi Asia Center, and several other reputed MBA colleges.
🎓 Top B-Schools
Many NMAT accepting colleges offer excellent placement opportunities with top recruiters such as Deloitte, EY, KPMG, Amazon, Accenture, Infosys, TCS, ICICI Bank, HDFC Bank, and other leading companies.
💰 Strong Return on Investment (ROI)
Compare MBA colleges based on tuition fees, placement packages, faculty, infrastructure, industry exposure, alumni network, and career growth opportunities. Evaluating the return on investment (ROI) helps you choose an NMAT accepting MBA college that offers the best value for your education and future career.
Find the Best NMAT Accepting MBA College
Choosing the right MBA college is one of the most important decisions for your career. With more than 85+ B-Schools accepting NMAT scores, comparing colleges based on cutoff, fees, placements, specializations, and return on investment (ROI) can help you make an informed admission decision. NMAT offers a flexible exam format with multiple attempts and no negative marking, making it a preferred entrance exam for MBA aspirants.
At CollegeNexa, our MBA admission experts help you shortlist the best NMAT accepting colleges based on your score, budget, preferred specialization, city preference, and career goals. Get personalized counselling, compare top B-Schools, and receive end-to-end admission support—all at no cost.
Apply for Free MBA CounsellingFrequently Asked Questions (FAQs) – NMAT Admissions 2026
1. What is NMAT?
NMAT (NMAT by GMAC) is a national-level MBA entrance exam accepted by more than 85 MBA colleges in India and abroad. It is conducted annually and allows candidates to improve their scores through multiple attempts.
2. Which colleges accept NMAT scores?
Top colleges accepting NMAT scores include NMIMS Mumbai, TAPMI Manipal, K J Somaiya Institute of Management, XIM University, IBS Hyderabad, Alliance University, SDA Bocconi Asia Center, and several other reputed MBA colleges.
3. What is a good NMAT score for MBA admission?
A score of 220–240 is generally considered competitive for top NMAT accepting colleges. However, the required cutoff varies depending on the institute and MBA specialization.
4. Is there negative marking in NMAT?
No. NMAT does not have negative marking, so candidates can attempt all questions without losing marks for incorrect answers.
5. How many times can I take the NMAT exam?
Candidates can take the NMAT exam up to three times during the testing window, including the first attempt and two retakes.
6. What is the validity of an NMAT score?
The NMAT score is generally valid for one admission cycle. Candidates should check the admission policy of individual colleges for specific validity details.
7. Can I get MBA admission with a 180–200 NMAT score?
Yes. Many reputed private universities and business schools accept NMAT scores between 180 and 200. Admission depends on the institute's cutoff, academic profile, and selection process.
8. What factors should I compare before choosing an NMAT college?
You should compare cutoff scores, tuition fees, placement records, average salary packages, faculty, specialization options, campus facilities, accreditation, and return on investment (ROI) before applying.
