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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

Colleges accepting CMAT scores

Key Highlights

• 99+ percentile can help target some of the top CMAT-accepting MBA colleges.
• JBIMS, SIMSREE, PUMBA, and other leading institutes feature among the top options for CMAT aspirants.
• College selection should consider CMAT percentile, fees, placements, and ROI.
• Aspirants across different percentile ranges can explore colleges offering MBA programs through CMAT scores.
• CMAT cutoffs and admission criteria can vary each year based on competition and institute-specific policies.

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:

  1. 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.
  2. 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

select the best CMAT college after the exam

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.