Hello hello !!

I hope you are fine. As per your mentioned query, i would like to tell you that the merit list is generally prepared on the basis of entrance exam scores, the academic profile of the candidate, work experience if any, gender diversity, etc., On final selection, candidates need to appear for the counselling round in which fee payment insures a fixed seat in the B-School. So , it is also depends on college to college. Firstly decide the college from where you want to study the mba course then according to that college admission process go through it.

To know more , visit the given link :

https://bschool.careers360.com/articles/mba-admission-process/amp

I hope this will be helpful for you.

Good luck !