Leading Colleges Accepting CMAT Scores: Cutoff Ranks, Tuition Fees, and Average Placement Statistics
Written by sandhya raghavan | Reviewed by Prasad Sawant on 30 July, 2026
Table of Contents
What is a Good CMAT Score for Top Colleges?
Top MBA Colleges Accepting CMAT Score
Which CMAT College Can You Get Based on Your Percentile?
Best CMAT Colleges by ROI (Fee vs Placements Analysis – 2026)
Top Government MBA Colleges Accepting CMAT Scores
Top CMAT Accepting Colleges With Low Fees
The Best CMAT Colleges Accepting 96+ Percentiles
Best CMAT Colleges Accepting 80-90 Percentile
Top CMAT Colleges for 70-80 Percentile
What’s the CMAT Cutoff for Tier-1 MBA Colleges?
How to Prepare for the CMAT Exam?
Key Highlights
Did you score well in CMAT 2026 but still feel unsure about which MBA college to choose? With over 1,000 colleges accepting CMAT scores, the options can be overwhelming. This guide will help you find the best colleges based on cutoff, ROI, fees, and your percentile.
What is a Good CMAT Score for Top Colleges?
- 99+ percentile → Tier-1 colleges
- 95–99 percentile → Top Tier-2
- 85–95 percentile → Mid-tier colleges
Top MBA Colleges Accepting CMAT Score
The table below lists the universities most preferred by CMAT candidates. Generally, colleges with the highest cutoffs also offer the best return on investment. JBIMS and SIMSREE are especially popular because of their low fees and strong placement records. Other top colleges with high cutoffs include PUMBA and Welingkar.
| CMAT Accepting Colleges | CMAT Cutoff 2025 (Expected) | Program Fees (INR in lakh) | Average Placement (INR in lakh) |
| JBIMS, Mumbai | 99.99%ile | 6 | 28.00 |
| SIMSREE, Mumbai | 99.97%ile | 1.5 | 15.00 |
| KJ Somaiya, Mumbai | 95-99%ile | 21 | 12.00 |
| PUMBA, Pune | 99.95%ile | 4.4 | 8.85 |
| Welingkar Institute, Mumbai | 85%ile+ | 16 | 12.88 |
| NIBM, Pune | 98.5%ile+ | 16 | 14.16 |
| NL Dalmia, Mumbai | 85%ile+ | 14.70 | 10.28 |
| NIA Pune | 95%ile+ | 11.00 | 12.74 |
| XIME, Bengaluru | No minimum cutoff | 14.87 | 14.3 |
| SIES, Mumbai | 84%ile+ | 12 | 8.11 |
| BIMTECH, Noida | 95%ile+ | 16 | 10.5 |
| IFMR at Krea University, Sri City | 85%ile+ | 19.06 | 13.50 |
| IMT, Nagpur | 90%ile+ | 15.12 | 10.81 |
| IPE, Hyderabad | 82%ile+ | 11.15 | 7.1 |
Which CMAT College Can You Get Based on Your Percentile?
Your CMAT percentile plays a big role in which MBA college you can get into. For 2026, top colleges like JBIMS and SIMSREE usually need a 99+ percentile, while good Tier-2 colleges accept scores in the 85–95 percentile range.
| CMAT Percentile Range | Top Colleges You Can Target | Expected Cutoff Range | Tier | Admission Reality |
| 99.5+ %ile | JBIMS, SIMSREE | 99.9+ | Tier-1 | Extremely competitive, limited seats |
| 99 – 99.5 %ile | PUMBA, Top CAP colleges | 99+ | Tier-1 | High chance via CAP (Maharashtra quota matters) |
| 95 – 99 %ile | KJ Somaiya, NIBM, BIMTECH, Great Lakes (if accepting) | 95–99 | Tier-1.5 / Tier-2 | Strong shortlist chances |
| 90 – 95 %ile | Welingkar, NIA Pune, IFMR, IMI Kolkata | 90–95 | Tier-2 | Safe convert range |
| 85 – 90 %ile | NL Dalmia, SIES, XIME | 85+ | Tier-2/3 | Good private B-school options |
| 70 – 85 %ile | Jaipuria, IPE Hyderabad, ITM Business School | 70–85 | Tier-3 | Backup, but decent ROI possible |
| Below 70 %ile | Emerging B-schools | <70 | Tier-3 | Consider reattempting or other exams |
Best CMAT Colleges by ROI (Fee vs Placements Analysis – 2026)
Return on Investment (ROI) is a key factor when picking an MBA college through CMAT. It shows how fast you can recover your fee based on the average salary you might earn after graduation.
Colleges such as Jamnalal Bajaj Institute of Management Studies and Sydenham Institute of Management Studies, Research and Entrepreneurship Education are top choices because they offer low fees and high salary packages.
CMAT Colleges Ranked by ROI
| College | Approx Fees (₹ Lakhs) | Avg Package (₹ LPA) | ROI Score | Payback Period |
| Jamnalal Bajaj Institute of Management Studies | 6 | 28 | ⭐⭐⭐⭐⭐ | < 3 months |
| Sydenham Institute of Management Studies, Research and Entrepreneurship Education | 1.5 | 15 | ⭐⭐⭐⭐⭐ | < 2 months |
| Department of Management Sciences, University of Pune | 4.4 | 8.8 | ⭐⭐⭐⭐☆ | ~6 months |
| National Institute of Bank Management | 16 | 14 | ⭐⭐⭐⭐☆ | ~1.2 years |
| K J Somaiya Institute of Management | 21 | 12 | ⭐⭐⭐☆☆ | ~1.8 years |
| Prin L N Welingkar Institute of Management Development and Research | 16 | 12.8 | ⭐⭐⭐☆☆ | ~1.5 years |
| BIMTECH | 16 | 10.5 | ⭐⭐⭐☆☆ | ~1.7 years |
| IFMR Graduate School of Business | 19 | 13.5 | ⭐⭐⭐⭐☆ | ~1.4 years |
Top government MBA colleges accepting CMAT scores
Many students want to know which colleges offer the best ROI, meaning lower fees and good placements. Top government MBA colleges that accept CMAT scores usually provide the highest ROI. You can find these colleges in the list below.
| Top government colleges accepting CMAT scores | Location |
| JBIMS | Mumbai |
| SIMSREE | Mumbai |
| PUMBA | Pune |
| MNIT Jaipur | Jaipur |
Top CMAT Accepting Colleges With Low Fees
More than 1,000 B-Schools across India accept CMAT scores. As demand for management courses grows, it’s important to find colleges that accept CMAT scores and offer quality education at affordable fees. ROI is one of the most important factors to consider.
| Institute | CMAT Cut off (Expected) | MBA Fees | Average Placements |
| JBIMS, Mumbai | 99.99%ile | 6 Lakhs | 28.02 LPA |
| SIMSREE, Mumbai | 99.96%ile | 1.5 Lakhs | 15.59 LPA |
*The cutoffs are based on previous years and may vary from year to year.
The Best CMAT Colleges Accepting 96+ Percentiles
The candidates who achieved CMAT scores above the 96th percentile can get into the top colleges that accept such scores:
| College Name | Location |
| Jamnalal Bajaj Institute of Management Studies (JBIMS) | Mumbai |
| Sydenham Institute of Management Studies and Research (SIMSREE) | Mumbai |
| K.J. Somaiya Institute of Management Studies and Research | Mumbai |
| Welingkar Institute of Management Development and Research | Mumbai |
| Department of Management Sciences, University of Pune (PUMBA) | Pune |
| Xavier Institute of Social Service (XISS) | Ranchi |
| BIMTECH, Greater Noida | Noida |
| NL Dalmia Institute of Management Studies | Mumbai |
Best CMAT Colleges Accepting 80-90 Percentile
The best colleges for CMAT scores in the 80-90 percentile range:
| MBA College | Location |
| Prin L N Welingkar Institute of Management Development & Research | Mumbai |
| Xavier Business School (St. Xavier’s University) | Kolkata |
| IMT Nagpur | Nagpur |
| Jaipuria Institute of Management | Noida |
| IPE Hyderabad | Hyderabad |
| NL Dalmia Institute of Management Studies | Mumbai |
| FLAME University | Pune |
Top CMAT Colleges for 70-80 Percentile
| College | Location |
| Jaipuria Institute of Management | Lucknow |
| Institute of Management Technology | Nagpur |
| ITM Business School | Navi Mumbai |
| IES Management College and Research Centre | Mumbai |
| Christ University | Bangalore |
What’s the CMAT Cutoff for Tier-1 MBA Colleges?
Top-tier MBA colleges require higher cut-offs than the rest of the B-Schools. The usual cutoffs for tier-1 institutes typically fall at or above the 90th percentile. JBIMS colleges require a percentile of 99.90 or higher. The KJ Somaiya Institute of Management requires a range of 95-99 percentiles. SIMSREE is above the 99th percentile.
How to Prepare for the CMAT Exam?
You can enrol in CMAT mock tests to prepare better for the upcoming exam. These programs are for aspirants who need practice tests. The CMAT Mock Test Series 2025 by IMS includes 15 full-length mock tests, with detailed video solutions for each question, detailed analytics, predicted scores, and performance improvement strategies.
Overview of CMAT Exam
The CMAT is taken by around 70,000 candidates each year, competing for the few seats in top colleges such as JBIMS, KJ Somaiya, Welingkar, SIMSREE, PUMBA, etc. The competition to land a seat can get intense for two primary reasons:
- The colleges accept scores from other exams, too, including MAH MBA CET, CAT, XAT, ATMA, and MAT. CMAT candidates aren’t just competing with each other; they’re also competing with students from other exams.
- The paper’s low difficulty level pushes the CMAT cutoff for top-choice programs sky-high. For instance, the cutoff for JBIMS is 99.99%.
CMAT Admission Trends & Latest Insights
- Cutoffs Likely to Rise: Top colleges like Jamnalal Bajaj Institute of Management Studies and Sydenham Institute of Management Studies Research and Entrepreneurship Education may see marginal increases in cutoffs due to consistent exam difficulty and a rise in serious applicants.
- ROI Colleges in High Demand: Institutes such as the Department of Management Sciences, University of Pune, are witnessing intense competition due to low fees and high placements, making them comparable to Tier-2 CAT colleges.
- Private colleges are shifting focus: Colleges such as K J Somaiya Institute of Management and Birla Institute of Management Technology are giving more importance to CAT and XAT, which makes CMAT seats even more competitive.
- Higher Competition Overall: With ~70,000+ test takers and limited seats in top colleges, even a 95–99th percentile may not guarantee admission.
How to Choose the Best CMAT College
CMAT Frequently Asked Questions
Top colleges that accept CMAT scores include JBIMS and KJ Somaiya Institute of Management, which require 99+ percentiles for admission. Government colleges like SIMSREE and PUMBA are also good options. Other MBA colleges include Welingkar Institute, BIMTECH, Jaipuria, Amity, and Christ University.
A score in the 95th percentile or above is needed for elite colleges like JBIMS and KJ Somaiya. If you aim for a Tier 2 college, a CMAT score in the 85th-95th percentile will suffice.
The SPJIMR does not accept CMAT scores for admission to the PGDM programs. The college accepts scores from CAT, XAT, GMAT, and NMAT.
JBIMS requires a 99.99th percentile for general category candidates. For the reserved category, the score requirement is about the 80th percentile.
Some of the most affordable CMAT colleges are SIMSREE, PUMBA, and JBIMS, with fees ranging from about 1.2 to 1.4 lakh. Other cost-effective options include TISS Mumbai and SIMSREE, Mumbai, which charge around 1.3 to 1.4 lakh for two years. PUMBA, Pune charges about 1.2 to 1.3 lakh.

