subject: GMAT for entrance into foreign colleges [print this page] A GMAT score card is obtained by the students, once he is through with the examination test. The scores for GMAT are valid for five years. GMAT scores are valid for taking admission into few of the top most Indian Business Schools also, such as IIMs, XLRI, Jamshedpur, TISS, Mumbai, etc. Therefore, other than the foreign colleges, GMAT students can also seek for good career opportunities in the Indian management colleges.