MAT

If you are joining through MAT, there is no quota. Quota is applicable only if you join through TANCET in whose selection PSG has no role. PSG accepts scores above 600 but selection will also depend on your performance in GDPI round. Fee would be higher if you join through MAT. The specialization is usually chosen only after your 3rd semester. You can opt it then. Hope my answer helps you.

Yes, you can apply.
Below mentioned are some of the top B-schools:
1. TAPMI.
2. BIT – Mesra.
3. XIME – Bangalore.
4. NIT – Warangal.
5. IPE – Hyderabad.
6. IP University – Delhi.
7. Amity Business School – Noida.

Hi Akash,
Some of the B-schools accepting MAT score are:
TA Pai Management Institute, Manipal,
ABV- Indian Institute of Information Technology and Management, Gwalior,
Birla Institute of Technology, Mesra,Xavier Institute of Management and Entrepreneurship, Bangalore and there are more.
To know what all B-school you can get with your percentile/score in MAT you can even try MAT pathfinder tool available online.

MAT and KMAT is considered, please visit the website as well for more detail.

Congratulations.
So, coming back to your question, I would like to advice you to take one more chance and try to score more in the competitive exams which tier 1 b school considers. But if you don't want to try then I would suggest you to keep it on hold and try to crack other famous b schools like MYRA, Christ etc. Talking about KIAMS, overall it is a good college but it doesn't provide maximum return on investment.

MDI Gurgaon, Sydenham and KJ Somaiya are very good for finance and majority of investment banks and Indian banks visit for placements along with private equity companies.

Hi,
Below listed colleges have the cutoff for December 2016. You can check and decide as per your location.
http://www.aimamat.in/mat-cut-december-2015/

Hi,
Individual cutoff has not been published since it's new and niche course, you can expect anywhere between 80-90 percentile.
http://www.hindustanuniv.ac.in/mba_defence.php

In BIMTECH, MAT score is only valid for PGDM(RM) & PGDM(IBM) and a 95 percentile in MAT should be sufficient to get you through the next round.