List of MBA Colleges Accepting 80 Percentile in CAT 2023: Top B-Schools Open with Admission 2024; Others Opening Soon

CAT 2023 exam date is November 26, 2023 and the CAT result will be released in January 2024 first week with data on toppers and diversity. Hundreds of CAT 2023 test takers will score 80 Percentile which is considered a good score for MBA admission in top MBA colleges. Many MBA colleges accepting 80 Percentile in CAT 2023 do not pre-announce their cut off percentile for admission and offer admission at a percentile score in the range of 80 to 90. A few examples include GIM Goa, Great Lakes, FORE, K J Somaiya, IRMA, MICA, LBSIM among others. Although some of the top IIMs like IIM Ahmedabad also announce cut off at 80 percentile, but their actual cut off go beyond 95%ile. 

 Your CAT score card contains scaled score as well as sectional and overall percentile. If you have scored 80 percentile and above you can expect a good MBA college for admission 2024. The MBA Colleges accepting Cut off at 80 percentile and above in CAT 2023 are some of the top MBA colleges in India. They include some new IIMs and other top MBA/PGDM colleges in India. IIM Ahmedabad, Bangalore, Calcutta, the top three IIMs have also announced CAT cut off between 80 and 90 percentile but their actual CAT cut off percentile may go up beyond 95. These top IIMs announce their shortlists based on CAT cut off percentile within a day or two after CAT result release date, while the other MBA colleges accepting CAT cut off at 80 percentile and above announce their shortlists in a week or two.

Let’s have a look at the list of these MBA colleges accepting 80 Percentile in CAT 2023:   

List of IIMs Accepting 80 Percentile in CAT 2023
IIM Ahmedabad has announced cut off as low as 80 percentile in CAT but the actual cut off percentile may go above 95. However, for candidates with exceptional profile, IIM Ahmedabad can offer admission at 80+ percentile also. Other top IIMs have also announced to accept 80 percentile and above in CAT but actual percentile may be much higher.

 Note: Application process for IIM Admission opens and closes with CAT exam registration dates  

List of MBA Colleges Accepting 80 Percentile in CAT 2023
Below are shared the lists and highlights of best MBA colleges accepting 80 percentile in CAT 2023 for admission 2024. These management institutes offer good learning and grooming for the leadership roles followed by strong placements over the years

List-1: MBA Colleges Accepting CAT 80%ile 

Key Highlights of MBA Colleges Accepting 80 Percentile in CAT 2023
Highlights of some of the MBA colleges accepting CAT 80 percentile are shared below: 

1. K J Somaiya Institute of Management, Mumbai
K. J. Somaiya Institute of Management, Mumbai has autonomous status, granted by UGC and notified by the University of Mumbai. It offers full time, part time and executive programmes in Business Management along with Masters in Computer Applications and Doctoral Programmes. Full time 2 years MBA programmes offered by K J Somaiya include MBA, MBA(IB), MBA (RM), MBA(FS), MBA (HCM), MBA(IMC), MBA (HR), MBA (Sports Management) and MBA – DSA (Data Science and Analytics). Key Institute Highlights are:

• Quality Education with Values: K J Somaiya believes in providing quality education to its students, steeped in Indian ethos and value system
• Rankings & Global Accreditation: Ranked #29 in MBAUniverse.com B-school Ranking 2023 and #45 among Top B-schools in India by MHRD NIRF Ranking 2023. It has international accreditation by AACSB and SAQS. The MBA programme is recognized by UGC.
• Strong Placements: Highest Salary in Placements 2023 was Rs. 22.50 LPA, and Average Salary was Rs.12.23 LPA. This is at par with top B-schools.
• Top Recruiters at K J Somaiya Institute of Management: Google, HUL, GEP, HSBC, Amazon, Invesco, Crisil, Citi Bank, Morgan Stanley, Barclays, SAP, Deloitte, Accenture, Capgemini
• International Linkage:  K J Somaiya has academic collaboration with leading universities in USA, Europe, Asia for working together to promote academics, research, experiential learning

2. Great Lakes Institute of Management, Chennai/Gurgaon
Great Lakes Institute of Management, with campuses in Chennai and Gurgaon, offers MBA equivalent full time residential AICTE approved 1 year PGPM as well as 2 years PGDM programmes. Key Highlights are

• Highly Ranked: Great Lakes is ranked #31 in GoI MHRD NIRF Rankings 2023 Management among top 125 B-schools. It is ranked 4^th by Outlook in Top standalone institutions and 9^th by Business India in top Indian B-Schools. The Great Lakes PGPM program has been consistently ranked in the top one year MBA programs in the country.
• Globally Benchmarked: Great Lakes is the youngest Indian Business School to receive prestigious AMBA accreditation. It is also accredited by SAQS (South Asian Quality Assurance System). The institute also has collaborations with Top Global B-Schools like HKUST, Babson, IIT Stuart School of Business to name a few.
• Strong Placements: Great Lakes has completed 100% placements 2023 and registered average salary of Rs.18.10 LPA and highest salary of Rs. 34 LPA for PGPM Programme. For PGDM programme Average salary has gone up by 15% at Rs.14.5 LPA in Placement 2023 from Rs.12.5 LPA last year.
• World Class Faculty: 25+ International visiting faculty from the likes of Kellogg, Stanford, Yale, etc. and 50+ renowned full-time faculty offer unparalleled learning and global perspectives.

3. T. A. Pai Management Institute (TAPMI) Manipal
The T. A. Pai Management Institute (TAPMI) Manipal has a legacy of 38 years rooted in value system imbibing ethical behaviour, respect for diversity and zeal to excel in every aspect of life. The B-School has unbroken placement record. Out of its 5000+ alumni, one-fifth are currently leading at CXO levels. TAPMI is a constituent management institute of the Manipal Academy of Higher Education (MAHE) and offers diverse MBA degree programmes namely MBA (General), MBA (BKFS), MBA (HRM) and MBA (Marketing). Key highlights are

• Accreditation: TAPMI has dual international accreditation. It is accredited by The Association to Advance Collegiate Schools of Business (AACSB) International and Association of MBAs (AMBA). TAPMI is accredited by NBA and is recognized by the AICTE and the AIU  
• Highly Ranked: TAPMI is consistently ranked among the top 1% of B-Schools in India. It is ranked #42 in Govt of India, MHRD NIRF Ranking 2023 among top 125 management institutes and #22 among top B-schools in India in MBAUniverse.com B-School Ranking 2023. In QS World University Rankings - Masters in Management Rankings 2022 and in Masters in Finance Rankings 2022, TAPMI is ranked in 151+ band among top B-schools and universities in the world
• Strong Placements: TAPMI has a legacy of unbroken 100% Placement record for the last 36 years. The overall average salary for the 2020-22 batch was Rs.12.60 LPA and the highest salary is Rs.32.2 LPA
• Top Recruiters: The marquee recruiters in placement at TAPMI include Accenture, ABInBev, Capgemini, Cognizant, Crisil, Deloitte, EY, HCL, Goldman Sachs, Tata, Virtusa, KPMG, PwC, ICICI Bank, J P Morgan Chase, Morris Garages, Airtel, ITC

4. FORE School of Management (FSM) New Delhi
FORE School of Management, Delhi is committed to the advancement of Management Education, Research, Training and Consultancy and provides experiential learning with Corporate world to the students. The B-School offers 2 years full time AICTE approved PGDM; PGDM (IB), PGDM (FM) and PGDM (BDA) programmes with dual specialization as well as doctoral programmes in Management. Key Highlights are

• Top Ranking: FORE School of Management is ranked among top management institutes in Delhi and is ranked # 63 among top 125 management institutes in India in Govt of India, MHRD NIRF Ranking 2023.
• Accreditation & Approvals: FORE is accredited by SAQS. The PGDM & PGDM (IB) courses at FORE are accredited by National Board of Accreditation (NBA) and are recognized as equivalent to MBA by Association of Indian Universities (AIU). All the PGDM programmes at FORE are AICTE approved. 
• Strong Placements: FORE School of Management has a consistent record of strong placements. In the placement for its 2021-23 batch Fore has registered highest salary of Rs.23 LPA and the average salary is Rs.14.5 LPA.
• Top Recruiters: 156 companies, including 55 new recruiters participated in FORE placement. Some of the top recruiters include ITC, Nestle, Mauti Suzuki, Nivea, Tata Motors, TTK, Whirlpool, Asian Paints, Goldman Sachs, Crisil, Deloitte, EY, KPMG among others
• International Immersion: FORE has academic partnerships with top B-schools and Universities across the Globe for International Immersion and Student Exchange Programme. Some of the international partner institutions include Rennes School of Business, France; University of California, Riverside (IEP), USA; School of Business and Economics, Linnaeus University, Sweden; European Institute for Asian Studies, Luxemburg; Nanyang Business School, Nanyang Technological University, Singapore among others

Top MBA Colleges: Other Admission Components along with CAT Scores
MBA colleges accepting 80 percentile and above in CAT 2023 have relaxed the weightage for CAT score in the final selection process and have increased the weightage on other parameters. So, while zeroing in at the top MBA college with your CAT percentile, please remember that following components also play important role in securing final admission offer:

• Your Academic Profile: 90 percent & above marks in class 10, 12 & graduation can get you a weightage of 20-30 percent
• Work Experience: A weightage of 5 to 10 percent is awarded for relevant work experience of 2-3 years, in final selection process
• Non-Engineering Back Ground: Academic diversity also helps you to get additional weightage of 2 to 5 percent in getting final admission offer
• Gender Diversity: If you are a female, all the top MBA colleges will award you a weightage between 3 and 5 percent over and above other parameters in final admission process.

All the above components can help you to get MBA admission in top B-schools like IIM Ahmedabad, GIM Goa, K J Somaiya even if your CAT score is below actual cut off. 

Choose Your MBA Option carefully
Despite having high CAT percentile, you may not be able to decide which, out of the top MBA colleges accepting 80 percentile in CAT, should be chosen. Before making your decision, you should consider the following:

• Approvals & Recognitions: The MBA/PGDM should be AICTE Approved or UGC recognized
• Program Fee: There are top MBA colleges with low fee of Rs.75 thousand to Rs.6 lakhs where admission is available with CAT 80 percentile. These are Delhi University, Mumbai University, GGSIPU Delhi affiliated MBA colleges among others. If your CAT percentile matches the requirement, pursuing your MBA from such institutes is as good as pursuing it from IIMs where the fee range is between 16 to 25 lakhs. Higher the fee bigger will be hole in your pocket.
• Programs Offered: Better to check the programs offered by the B-school before submitting the application for admission. If you wish to do MBA in Finance and the institute does not offer it, there is no use applying for admission
• Placements: Choose the best MBA college which has a consistently good placement record and a rising average salary.
• Faculty: The institute with highly qualified and research oriented faculty should be the first choice.
• Infrastructure: The institute campus must be good and should be well equipped with latest study material, library, wi-fi and should be conducive for education.
• Students’ Hostel: There are many MBA colleges which do not have their own hostels at the campus. It reduces the peer learning. So choose the MBA college with hostel available at the campus.

Admission to the flagship management programs in number of top MBA colleges accepting 80 prcentile in CAT 2023 is not very difficult. If you are well prepared and clear the GD-PI round with good score, you may get final admission offer. 

Also Read:

• Top MBA colleges in India accepting CAT
• List of MBA Colleges Accepting 90 Percentile in CAT 2023
• List of MBA Colleges Accepting 70 Percentile in CAT 2023
• List of MBA Colleges Accepting 50-60 Percentile in CAT 2023

Stay tuned to MBAUniverse.com for more updates on MBA admission