CMAT 2023 Result Released with Many Changes for 58035 Candidates Out of Total 75209 Applicants before Release of Final Answer Key; Check your Percentile Score & Chances in Top MBA Colleges

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Updated on June 6, 2023
CMAT 2023 exam result has been released on May 31, 2023 late evening for 58035 candidates who took the test on May 4, 2023 in two shifts with many changes. Surprisingly, the CMAT result was released before few days of final answer key release. As against last year, CMAT 2023 score card displays overall and sectional exam score percentile and all India Rank while No Raw score is displayed. The MBA colleges are releasing their cut off based on CMAT percentile score and rank. Aspirants can check the best CMAT accepting MBA colleges with admission 2023 open
CMAT 2023 Result Released

National Testing Agency (NTA) has released the CMAT 2023 Result on May 31, 2023 for 58035 test takers who appeared in CMAT exam on May 4, 2023 with many changes. Throwing surprises, NTA  released the CMAT 2023 exam result a few days before the release of CMAT final answer key,  Otherwise the practice is that the final answer key is released before the release of exam result. Besides, again making changes in the CMAT score card from last year, this year NTA has displayed overall sectional and overall percentile score and All India Rank in the CMAT 2023 score card but there is no raw score. Last year there was only raw score and All India Rank in the CMAT score card but there was no percentile score.

CMAT 2023 exam was conducted in two shifts and the result has been released after normalization of percentile score for both the slots. B-schools had no clue what would NTA include in the CMAT score card this year, and had planned to keep their cut off based on Raw score and All India Rank, but the Raw score was not made available. The cut offs are released by the respective B-schools. The Candidates can check the B school PGDM cut off percentile.

CMAT Score Card 2023 Vs CMAT Score Card 2022: Key Changes
Following components are displayed in CMAT score card 2023 with key changes from last year

CMAT Exam Year
CMAT 2023
CMAT 2022
Total Applicants
No. of Test Takers
CMAT Raw Score
Not Displayed
CMAT Overall Percentile Score
Not Displayed
CMAT Sectional Percentile
Not Displayed
CMAT All India Rank

Source: NTA CMAT Website

CMAT 2023 NTA Percentile Score Vs All India Rank (AIR)
Based on the CMAT test takers’ inputs regarding their Score for the corresponding Rank, shared below are the CMAT 2023 Ranks Vs Percentile Score. It may be noted that NTA score is your CMAT percentile score after normalization of score for both the slots. However, NTA has not released CMAT raw score

NTA Score (Percentile)
CMAT 2023 All India Rank
99.70 – 99.75
99.40 – 99.50
291 - 305
99.30 – 99.35
401 - 405
99.1 - 99.107
500 – 525
98.1 – 98.5
901 – 915
97 – 97.05
1701 - 1740

CMAT Rank Vs Raw Score: Based on Test Takers’ Inputs

CMAT 2023 Rank
CMAT Score Range
Rank 1-100
Rank 100 to 1000
Rank 1001 to 5000
Rank 5000+
240 and below

Higher Score in Slot-1 Gets Lower AIR
CMAT 2023 shift-1 test takers are raising the voice that despite scoring higher, the All India Rank awarded to them in CMAT is lower than the AIR awarded to the corresponding score in shift-2. One of the CMAT slot-1 test takers have reported that his CMAT slot 1 raw score as calculated was 242 but his Overall NTA percentile score is 96.28 and AIR is 2161, on the other hand one of the candidate’s slot 2 raw score is 210 with NTA percentile score of 99.48 and AIR is 301. It appears that slot-2 of CMAT was more difficult than slot-1 due to which despite scoring higher in slot-1, CMAT aspirants have score lower NTA percentile score and AIR.

CMAT 2023 Score Card: Key Highlights
Shared below is the image of CMAT 2023 score card which reflects NTA score including sectional and overall score as well as All India Rank. Key highlights of CMAT 2023 score card are:

NTA CMAT score: In fact, it is the CMAT percentile score and is given upto 5-6 decimal range

CMAT Raw Score: There is no raw score in CMAT 2023 score card or any other separate percentile.  AIR: All India Rank is based on the overall NTA score 


Students waiting for Cut offs
All through the earlier CMAT exams, the test takers could immediately apply for admission after release of CMAT result as it contained complete list with Percentile score, Raw score and Rank. Since all the institutes announce their likely CMAT cut off percentile well in advance, it was easy for the applicants to check their corresponding percentile and apply. This year again they are unable to follow this rule as NTA has refrained from releasing the CMAT raw score obtained by the test takers while last year NTA did not release the percentile score.

Admission Heads On the Task
All the leading management institutes accepting CMAT score have to decide their cut off based on percentile score or rank or both. These B schools like GIM Goa, Great Lakes, K J Somaiya, BIMTECH, IMT Nagpur had already announced their expected cut off percentile for CMAT exam.

The CMAT Examination was conducted by NTA on May 4, 2023. A total number of 75209 candidates were registered for CMAT 2023 and 58035 Candidates appeared for the examination. The Examination was conducted in 126 Cities at 248 Test Centres.

After verifying the objections on CMAT answer key, NTA released the CMAT result. You can download the CMAT score card from official CMAT exam website CMAT 2023 exam had 100 questions divided in 5 sections. Aspirants who took CMAT exam can download their result from the official website.

How to check CMAT result

  • Step 1: Go to the official website i.e.
  • Step 2: Click on the result link on the homepage
  • Step 3: A new page will open
  • Step 4: Enter application number, date of birth and security code
  • Step 5: Your score will be displayed
  • Step 6: Select best MBA colleges for your score/percentile on this link Check Now

CMAT 2023 Score Card: Components
Your CMAT 2023 Score card has following details and scores:

  • Your personal details, CMAT 2023 application number, date of exam
  • CMAT 2023 overall percentile score
  • CMAT 2023 sectional percentile score
  • CMAT 2023 Result has your all India Rank
  • CMAT 2023 score card will remain valid for MBA admission 2023 during entire academic session
  • CMAT 2023 Result has not disqualified any candidate who has taken the exam.
  • All the test takers are given a rank in the CMAT 2023

Based on the CMAT score card and the rank assigned in merit list of CMAT result 2023, there are more than 600 MBA colleges in which you can explore MBA admission 2023 opportunity across the country. Besides, 300+ MBA colleges exist in Maharashtra who will accept CMAT 2023 score card for admission to their flagship MMS/MBA/PGDM 2023-25 batch.

Top MBA Colleges Accepting CMAT 2023
Top MBA Colleges accepting CMAT 2023 Scores for admission 2023 are given in the list below with their fees, placements and admission status.

MBA Colleges
( Lakhs)
( Lakhs)
Admission Status
Great Lakes Chennai & Gurgaon 17.15 14.50 Open | Apply Now
Closed. Will Consider CMAT score only for preregistered candidates
K J Somaiya Mumbai
Closed. Will Consider CMAT score only for preregistered candidates
BIMTECH Greater Noida 13.00 11.00 Open | Apply Now
IFMR Graduate School of Business Krea University 14.56 13.50 Open | Apply Now
Welingkar Mumbai 13.00 12.25 Closed
Amrita School of Business Coimbatore 12.86 6.72 Open | Apply Now
Woxsen University Hyderabad 19.02 8.60 Open | Apply Now
SIES Mumbai 9.00 8.70 Open | Apply Now
Jaipuria Institute of Management Noida 12.50 11.49 Open | Apply Now
IESMCRC Mumbai 9.12 7.50 Open | Apply Now

Read CMAT 2023 cut off for top MBA colleges

No Rechecking or Revaluation of CMAT Scores Allowed
If not satisfied with your CMAT scores, you cannot get your CMAT score card 2023 revaluated. There will be no rechecking or revaluation facility of scores available for NTA CMAT 2023 after declaration of result. NTA provides the facility to challenge the official CMAT answer key to all the test takers before the declaration of CMAT result. Please note that CMAT exam is now conducted by National Testing Agency (NTA) and not by AICTE.

CMAT 2023 Result: Merit List & its components
NTA announces the All India Merit list based on the scores obtained by the candidates in computer based Common Management Admission Test CMAT-2023. A national merit ranking is arrived at, based on the Total Score giving weightage to sectional score also. Accordingly, a candidate with equal sectional scores as per the difficulty level in CMAT exam may get a higher score and thereby a higher rank in the merit list.

Order of Merit in CMAT 2023: In Case of Equal Total Scores
In case scores are same for more than one candidate in CMAT 2023 result, the ranking is done on sectional score considered in the order of:

  • Quantitative Techniques & Data Interpretation
  • Logical Reasoning
  • Language Comprehension
  • General Awareness
  • Innovation & Entreprenurship
  • If more than one candidate gets same ranking going by the above process, the same Rank is assigned to all of them but is displayed by sorting their names alphabetically.
  • The Rank of the subsequent candidate is then extended by the number of additional students having the same Rank. For example if 3 students are at 25th Rank then subsequent student will be ranked as 28th.

CMAT 2023 Final Answer key: Check Details Below

After release of CMAT 2023 exam result, NTA has released the final answer key for the CMAT 2023 exam conducted on May 4, 2023. Earlier on May 12, 2023 NTA had released the candidate response sheet and official answer key. NTA allowed the candidates to challenge and raise objection to the official answer key till May 16, 2023. After the last date to challenge the CMAT official answer key was over, NTA has made the following changes in the final answer key and also dropped a few questions which were not evaluated. Key highlights of CMAT 2023 final answer key for shift-1 and shift-2 are:

Shift-1: 3 Questions Dropped in the final answer key


Shift-2: 1 Question was dropped 

cmat 2023

CMAT 2023 score accepting management institutes are the institutions offering AICTE approved MBA/PGDM programmes and are accepting the CMAT Score for MBA/PGDM admission 2023. Candidates must apply separately to the desired CMAT-2023 participating institutes with the CMAT Score 2023. Then, each participating institute will release its respective cut off CMAT Score which you should meet to get admission to that particular institute.

Stay tuned to for more updates on CMAT Colleges Admissions