Institute of Hotel Management, Catering Technology and Applied Nutrition, Guwahati

Selection criteria :  Most of the college accept GMAT entrance exam for admission in MBA program. There are some other factors that aldo important. 

• Strong academic : Candidate have to maintaine good grades in UG course.
• Work experience : For understanding the business world students having some work experience is important. 
• Excellent communication : If you want to get admission in MBA programs then communication skill is important. 
• Strong track record of extracurricular activities : This will shows student is actively participating for events in their UG programme and it will make  huge positive impact on your profile. 

Answer to your second question is Minimum 70 percentile or above required for MBA program and you can check full cut off and admission knowledge on shiksha's official site. 

Institute of Hotel Management Guwahati has basic criteria like 

• Candidate shoud be Indian citizen.
• Candidate minimum age between 25 and 32 years old otherwise he/she will be not eligible.
• Candidate must score minimum of 50% marks in 10th std. 
• Candidate must apply for IHM-CAT exam and score good percentile.

After appering the exam there are some process to take admission you should follow.

Shortlisting

On the basis of score IHM-CAT release a short list.

Interview

On the basis of shortlisting they arrange an ineterview.

Final selection

lastly they release a final slection list of candidates.

You can find all the admission info. on shiksha's official site where you will find all necessary information.

Both Institutes Hotel Management (IHM) Guwahati and Jaypee Business School (JBS) are reputable institutions and its totally depend on your conveinence and your preference. But I make a small Difference between this two.

IHM Guwahati

• Placement at IHM Guwahati is quite good around 95% students got placement and average package is 5 LPA.
• IHM Guwahati is mainly focus on Hospitality management.
• It has big campus around 25 acres and institute provide all the other necessary facilities including Classrooms, laboratories, hostels, library, and sports facility

Jaypee Business School

• Placement at jaypee business is also good around 85% students got placement and average package is 6 LPA.
• In Jaypee Business School is focus on General management.
• It has also a big campus but not big as IHM Guwahati it only 15 acres and institute provide all facilities that available in IHM Guwahati.

Both institute are nice its depend on you which college you pick there are only minor differnces but that are not making much differences.

Yes, Under Graduation courses at Institute of Hotel Management Guwahati are expensive at some points but you have look college placement record, institute faculty, facilities all justifying the price.

• The annual fees for B.Sc. is 2.89 Lacs including tuition fees
•  hostel fees, exam fees.

Most importantly placement of students from IHM Guwahati average salary is 5 Lacs and college has well known reputed from any other institute and around 80% students got placed every year. They have well experience faculty and friendly staff members. Institute of Hotel Management Guwahati is expensive but it provide faculties also and in my opinion it is worth it.

 You can read students reviews on Shiksha.com for reference so that you can clear your all doubts.