Hi Sushank,

A MAT score of 516.50 may give you a percentile between 70 and 80. At this percentile you can aim for good tier 2 B Schools with a decent average package around 6LPA. A few such colleges in the list include:

• VIT University
• SRM University
• SCMS
• IFIM Business School
• Jaipuria Business School
• SIOM nashik
• Sharada University
• ITM

You can refer this link for more options: https://bschool.careers360.com/colleges/ranking/2018/top-mba-colleges-in-India-accepting-mat-score

All the best

Hey Sushank.

Based on your score here are a few institutes that you can prefer. You can use the link below to use the path finder tool for MAT.
AIMS Institutes, Bangalore
Alliance University, Bangalore
Compare Amrita Vishwa Vidyapeetham, Coimbatore
Bhartiya Vidya Bhavan Institute of Management
Bhavans Priyamvada Birla Institute of Management
Coimbatore Institute of Management and Technology
Eastern Institute for Integrated Learning, West Bengal
Adarsh Institute of Management and Information, Karnataka
Fortune Institute of International Business, Delhi
GITAM School of International Business, Visakhapatnam
Flame University  Pune
All India Management Association, Delhi
Https://bschool.careers360.com/pathfinder/mat