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Indian Business School through GMAT

BY AnkGanit

Top Business Schools accepting GMAT

IIM Ahmedabad

  • Average Domestic Salary: Rs 36.4 Lakhs (2023)
  • Highest Domestic Salary: Rs 54 Lakhs (2023)
  • Average International  Salary: $ 1,27,000 (2023)
  • Fees: About Rs 34 Lakhs
  • Average GMAT Score: 645 in the GMAT Focus
  • Minimum Work experience: 4 Years

The 1 year PGPX Programme at IIM Ahmedabad enrols about 150 students and offers an audited placement report . In the last 10 years, the 1 year PGPX at  IIM Ahmedabad has emerged as a comparable  option to the ISB Hyderabad for a 1 year MBA.  The biggest advantage of the 1 year PGPX at IIM Ahmedabad over ISB is the much smaller batch size ensuring top class placements across all quintiles of the batch. The batch has an average work experience of about 7 years prior to their MBA.

For careers in consulting and technology, this program is an excellent choice. The prominent recruiters include Accenture, McKinsey, Coca Cola Beverages, Adani Group and BCG.

The detailed placement report can be accessed here (Click to know)

More details about the program can be accessed here (Click to know)

ISB Hyderabad and Mohali

  • Average Salary for top 80%: Rs 36.4 Lakhs (2024)
  • Highest Domestic Salary: Rs 60 Lakhs (2024)
  • Fees: About Rs 40 Lakhs
  • Average GMAT Score: 665 in the GMAT Focus
  • Minimum Work experience: 2 Years

ISB Hyderabad has a legacy of being one of the first B Schools to offer to a Full Time 1 year program in India having done that for over 20 years. ISB is one of the few, triple accredited B Schools in India with accreditations from the Association of MBAs (AMBA), EFMD Quality Improvement System (EQUIS), and the Association to Advance Collegiate Schools of Business (AACSB). ISB Mohali is the new campus of ISB. Both campuses have a joint admission process and joint selection procedure. There is no difference in placement opportunities between both campuses. ISB offers almost 800 seats across both campuses.

The 1 year program at ISB is not branded as an “executive MBA” rather as a full time MBA. Thus the batch has an average work experience of about 4.4 years making it a relatively young cohort for  a 1 year, program.

As far as career choices go, for Consulting aspirants ISB is one of the best choices in India by far. Accenture and Deloitte hired 100+ ISB graduates each from ISB in 2024. McKinsey, BCG and Bain hire also from ISB in huge numbers. There are also excellent career choices in Tech, IT , Ecommerce and Operations at ISB.

The detailed placement report can be accessed here (Click to know)

More details about the program can be accessed here (Click to know)

IIM Bangalore

  • Average Salary: About Rs 34 Lakhs (2024)
  • Highest Salary: About Rs 52 Lakhs (2024)
  • Fees: About Rs 32 Lakhs
  • Average GMAT Score: 645 in the GMAT Focus
  • Minimum Work experience: 5 Years

The Executive Post Graduate Programme in Management (EPGP) is a niche program with a batch size of about 80. Thus there is very less competition in the batch for placements. The entire batch is able to cherry pick from the very best opportunities. The average work experience at IIM Bangalore is higher than that at ISB with the batch averaging about 7 years of work experience prior to their MBA. In line with being located in the Silicon Valley of India- Bengaluru-quite a few placement opportunities at IIM Bangalore are in the IT industry.

Top Consulting firms also recruit from the EPGP of IIM Bangalore with Accenture lapping up almost a fifth of the entire batch. Past Recruiters include Infosys, Cisco, HSBC, Accenture, McKinsey, PWC, Larsen and Toubro among others.

The detailed placement report can be accessed here (Click to know)

More details about the program can be accessed here (Click to know)

IIM Calcutta

  • Average CTC: About Rs 32 Lakhs (2024)
  • Highest CTC offered: Rs 52 Lakhs (2024)
  • Fees: About Rs 34 Lakhs
  • Average GMAT Score: 635 on the GMAT Focus
  • Minimum Work experience: 5 Years

The MBA for Executives Programme (MBAex) is IIM Calcutta’s One Year Full Time Residential Programme meant for Executives with more than five years of work experience. IIM Calcutta is the first management institute in the country to be Triple Crowned – to be accredited by AACSB [Association to Advance Collegiate Schools of Business], AMBA [Association of MBAs] and EQUIS [EFMD Quality Improvement System]

IIM Calcutta’s batch size is the smallest across the executive MBA programs at IIM A,B and C with just about 70 students, ensuring excellent placements for all. Placements at IIM Calcutta’s MBAex program are outstanding in the IT and Analytics domain which is in line with the long legacy of IIM Calcutta being a very quantitatively oriented B School. Almost 50% of the batch preferred opportunities in IT and Analytics. Consulting was also a preferred choice with 20% of the batch joining marquee consulting firms.

The detailed placement report can be accessed here (Click to know)

More details about the program can be found here (Click to know)

 

Important Notes:

  • GMAT Focus Scores mentioned are equivalent, percentile based conversions of reported GMAT Classic Scores since GMAT Focus was introduced only from the 2025 admission season.
  • IIM Ahmedabad has not yet released the audited placement report for 2024. Hence for IIM Ahmedabad the placement figures from the audited placement report of 2023 are mentioned.
  • ISB Hyderabad’s Highest salary is an estimate based on public resources since ISB Hyderabad does not publish the same.
  • The average GMAT of IIM Calcutta is an estimate as the same is not available.