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Hi Akshay,
There is no such entrance exam for the same, however, the admission criteria differs from college to college. We would generally look for a first class degree (approx 60%) from a recognized Indian institution. We would consider 55% from University of Mumbai, University of Calcutta, University of Delhi etc. Graduates from the IITs and IIMs would be considered with marks around 55%. Regarding specifics, we would also look for the following:
first or upper second class Honors degree in chemistry, biology, biochemistry, pharmacy, zoology or botany. Candidates with various combined degrees of a British university or equivalent in terms of experience, and/or degree of another country, are also welcome to apply
Hope this information helps. Please feel free to revert.
Wish you luck!

Ny Recognized Bachelor's Degree of minimum 3 Years duration with at least 50% marks in aggregate.
MAT/ CAT/ CMAT/ATMA/XAT or any other national level management aptitude tests.
Working professionals with relevant work experience are encouraged to apply.
Candidates appearing in the final year examination of the Bachelor's Degree or waiting for the results of their final year degree examinations in 2016 may also apply. Such candidates, if selected, will be given provisional admission. They will be required to produce evidence of their graduation within two months of the start of the session.
For Health Economics Finance and Insurance preference, would however be given to Bachelor's degree in Economics, Commerce, Statistics or Mathematics. Students should have mathematics background upto class XII
cut off for any exam is 50%