Best MBA Colleges in Chennai: Get the List Here!

By Sharmistha Banerjee|Updated : October 31st, 2022

The candidates who are thinking of studying MBA from MBA Colleges in Chennai must have a precise list of all the top institutes. There are more than 150+ Best MBA Colleges in Chennai, which provide globally acknowledged MBA and PGDM degrees in different specilizations to all its students.

Considering the research of BYJU'S Exam Prep experts, it is seen that most of the top MBA Colleges in Chennai, both private and public, are approved by UGC and AICTE and have made their position in the NIRF ranking. In this article, you will get a detailed list of MBA Colleges in Chennai, including fees, specializations, ranking, top recruiters, and other important details.

MBA Colleges in Chennai Highlights

Candidates who are interested in joining colleges for MBA in Chennai must be aware of all the basic details. In the table below, we have listed some important highlights of MBA Colleges in Chennai that you must know before applying for final admission.

Components

Details

Total Number of MBA Colleges in Chennai

150+

Fees structures

INR 1 - 5 Lakhs

Specilizations Offered by MBA Colleges in Chennai

Sales, Marketing, Finance, HR, Business Operations, Digital Marketing, IT systems, etc.

Admission process

MBA Entrance Exams + Interview process

Approval of MBA Colleges in Chennai

UGC, AICTE, NAAC

Number of IITs

1 IIT

Top MBA Colleges in Chennai: NIRF Ranking 2022

NIRF is a national ranking framework given by the Government of India to rank higher educational institutions. Note the table below to get a list of NIRF Ranking 2022 of the best MBA Colleges in Chennai.

Top MBA Colleges in Chennai

NIRF Ranking 2022

IIT - Indian Institute of Madras

10

Great Lakes Institute of Management - Chennai

31

Anna University

49

Saveetha Institute of Medical and Technical Sciences - Chennai

77

Loyola Institute of Business Administration

86

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Fees Structure of Best MBA Colleges in Chennai

The candidates must check the fee structure of MBA Colleges to know the expenses of that particular institute. Below we have listed the Top MBA Colleges in Chennai and their approximate fee structure.

Top MBA Colleges in Chennai

Fees (Approximate Value)

Xavier Institute of Management and Entrepreneurship (XIEM)

INR 8 LPA

VIT University - Vellore Institute of Technology

INR 7 LPA

Great Lakes Institute of Management

INR 15 LPA

SRM Easwari Engineering College - Chennai

INR 70K

IIKM Business School - Chennai

INR 4 - 6 LPA

LIBA - Loyola Institute of Business Administration - Chennai

INR 2 - 2.5 LPA

Sri Ramchandra Institute of Higher Education and Research -Chennai

INR 4 LPA

MEASI Institute of Management - Chennai

INR 2 - 4 LPA

SSN School of Management - Chennai

INR 5 - 6 LPA

VELS School of Management Studies and Commerce - Chennai

INR 3.50 - 5 LPA

REMO International Colleges

INR 5 LPA

VCFW - Valliammal College For Women - Chennai

INR 60K

Government MBA Colleges in Chennai

Apart from the above-mentioned best private college, there are also Government institutions in Chennai to study MBA. Note the table below to get a list of Government MBA Colleges in Chennai where candidates can study MBA at reasonable fees.

Name of MBA Colleges in Chennai

Fees (Approximate Value)

Department of Management Studies - IIT Madras

INR 8 LPA

Anna University - Chennai

INR 3.5 LPA

University of Madras - Chennai

INR 50K

Guru Nanak College

INR 45.5K

Institute of Hotel Management Catering Technology and Applied Nutrition - Chennai

INR 30K

Indian Maritime University - Chennai

INR 3 LPA

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MBA Colleges in Chennai Admission Eligibility

The eligibility criteria to study MBA from the best MBA Colleges in Chennai is that the candidates must be graduated from a recognized university in any discipline. Other eligibility details to study MBA in Chennai are as follows:

  • The candidates must have minimum marks of 50% in graduation. However, the reserve category candidates must score 45% in graduation to study in MBA Colleges in Chennai.
  • The final-year candidates can also apply, but they must submit proof of graduation completion within the time mentioned by institutes.

[Note: The minimum marks may vary from college to college. It is recommended to check the college website before applying]

Top Specilizations offered by Best MBA Colleges in Chennai

The three most popular specializations provided by MBA programs in Chennai are finance, sales and marketing, and human resources. Other specializations offered by MBA Colleges in Chennai are Operations, IT and Systems, Transport and Logistics, Healthcare and Hospitals, Supply Chain, etc.

MBA Specilizations

Percentage of MBA Colleges in Chennai

Finance

20%

Supply Chain and Logistic Management

19%

HRM

20%

Sales and Marketing

20%

Business Analytics

10%

International Business - IB

8%

Business Operations

15%

IT Systems

10%

Healthcare and Hospitality

5%

Other MBA specializations presented by MBA Colleges in Chennai are as follows:

  • Entrepreneurship
  • Agriculture and Food Business
  • Travel and Tourism Management
  • Import and Export Management
  • Telecom Management
  • Data Analytics
  • Retail Management
  • Sports Management
  • Project Management
  • Financial Planning and Analysis
  • Fisheries Science
  • Statistics
  • Public Health Management

MBA Colleges in Chennai Accepted Exams

For admission to the Best MBA Colleges in Chennai, candidates must pass a variety of national, state, university, and college-level entrance tests. Here is a list of the most popular MBA exams accepted by colleges for MBA studies in Chennai.

MBA Colleges in Chennai Top Recruiters

Chennai is one of the top metropolitan cities with a number of top MNCs that offer excellent placement opportunities to students studying in MBA Colleges in Chennai. Note the table below to get a list of top recruiters offering students job opportunities.

Name of MBA Colleges in Chennai

Top Recruiters

SSN School of Management

Deloitte, HCL, HDFC, Federal Bank, Nestle, Nippon, Accenture, etc.

Great Lakes Institute of Management

CRISIL, JP Morgan, World Bank, Amazon, RBS, Britania, TCS, E&Y, etc.

MEASI Institute of Management

Royal Bank, Raddison, TCS, Indiamart, Dell, Kent RO, Pepsi, etc.

DGVC - School of Management DG Vaishnav College

Kotak Bank, ICICI, Godrej, Deloitte, Croma, TCS, Future Group.

Xavier Institute of Management and Entrepreneurship

Honeywell, HP, Wipro, Infosys, TCS, CTS, SBI, Bizongo, Accenture, etc.

Apart from the above-mentioned top recruiters of MBA Colleges in Chennai, some other companies also offer job opportunities. These are

  • Vodafone
  • Credit Suisse
  • Philips
  • Reliance
  • Cipla
  • Flipkart
  • Vodafone
  • Nestle
  • TATA
  • Wipro
  • Saint Gobain
  • Samsung
  • Aditya Birla Group
  • RPG
  • Crisil

Top MBA Colleges in Chennai ROI

The phrase "Return on Investment" refers to how much money you get back from a college for the money you spend on schooling. The placement package is the key factor in this case. To comprehend the return on investment of the top MBA colleges in Chennai, take a look at the table provided.

Name of MBA Colleges in Chennai

Fees Structure (Approx)

Placement Packages (Approx)

SRM Chennai

INR 4 LPA

INR 5.5 LPA

IIT Madras

INR 5 LPA

INR 15 LPA

Loyola Institute of Business Administration

INR 2 LPA

INR 5 LPA

Great Lakes Institute of Management, Chennai

INR 10 LPA

INR 16 LPA

Hindustan Institute of Technology and Science

INR 2.50 LPA

INR 4.5 LPA

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How Affordable is Studying in MBA Colleges in Chennai?

In recent days, Chennai has become the first priority for students who are interested in studying MBA. Instead of having the top rankings and worldwide recognition, the MBA Colleges in Chennai also offer low fees courses in different MBA specializations. As per the research of BYJU'S Exam Prep experts, it is seen that approximately 60% of MBA Colleges in Chennai have a fee structure that is less than 2.5 Lakhs. Colleges under this category are

  • Anna University
  • The University of Madras
  • Guru Nanak College
  • Indian Maritime Institute
  • Institute of Hotel Management Catering Technology, and Applied Nutrition

More than 20% of MBA Colleges in Chennai offer MBA and PGDM courses within a fee structure of 3-5 LPA. It includes

  • IIKM Business School, Kilpauk
  • VELS School of Management Studies and Commerce, Pallavaram
  • WLCI College, Anna Salai
  • Sri Ramchandra Institute of Higher Education and Research, Porur

Approximately 10% of MBA colleges in Chennai have a fee structure of more than Rs 6 lakh, which is little expensive for students of middle-class family backgrounds. These colleges are:

  • Loyola Institute of Business Administration (LIBA), Nungambakkam
  • Vellore Institute of Technology, VIT University, Vandalur
  • DoMS IIT Madras – Department of Management Studies, Adyar
  • Great Lakes Institute of Management, Kanchipuram
  • SSN School of Management, Old Mahabalipuram Road

Benefits of Studying in MBA Colleges in Chennai

The candidates who will select MBA Colleges in Chennai to study MBA will get the benefits below, which are really important to become established in the business and marketing world.

  • MBA Colleges in Chennai provide courses in such a way that makes the students to become aware of the global business market. It opens up new job opportunities for them in different business profiles.
  • You can complete your MBA degree within a very affordable fee with a high ROI opportunity, as the recruiters of MBA Colleges in Chennai offer high packages to all the candidates.
  • MBA Colleges in Chennai help the candidates improve their professional skills, like leadership, teamwork, and communication. All these are equally important to become a successful manager in top companies.

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FAQs on MBA Colleges in Chennai

  • As per the NIRF Ranking 2022, presented by the Government of India, there are 5 top MBA Colleges in Chennai. These are:

    • Great Lakes Institute of Management - Chennai
    • IIT - Indian Institute of Madras
    • Anna University
    • Saveetha Institute of Medical and Technical Sciences - Chennai
    • Loyola Institute of Business Administration
  • As per the expert on fees structure, courses offered, and ROI, the top 10 MBA Colleges in Chennai are listed below:

    • SSN School of Management
    • Great Lakes Institute of Management - Chennai
    • IIT - Indian Institute of Madras
    • MEASI Institute of Management
    • Xavier Institute of Management and Entrepreneurship
    • DGVC - School of Management DG Vaishnav College 
    • IIKM Business School - Chennai
    • SRM Easwari Engineering College - Chennai
    • Sri Ramchandra Institute of Higher Education and Research 
    • VELS School of Management Studies and Commerce 
  • The MBA Colleges in Chennai offer 100% to all its students. The top recruiters offer job opportunities to the best MNCs with a starting salary of 5 LPA.

  • The basic admission eligibility of Best MBA Colleges in Chennai is the candidates have to pass graduation with atleast 50% marks in aggregate. Additionally, they have to pass entrance exams, as accepted by the institutes, followed by an interview process.

  • The top specilizations offered by MBA Colleges in Chennai are:

    • Sales and Marketing
    • Finance
    • Business Administration
    • HRM
    • Healthcare Management
    • Logistics and Supply Chain 
  • No, studying MBA in MBA Colleges in Chennai is very affordable. The fee structure of most of the colleges is below 2 LPA, which is most reasonable to most of the candidates.

  • Yes, MBA Colleges in Chennai are the best institutes to study MBA and PGDM. It provides different career prospects in various aspects, including

    • High packages
    • In-depth subject knowledge
    • Multidisciplinary career attitudes
    • Professional skill development
  • The MBA Colleges in Chennai Fees Structure varies from INR 50K to INR 10 LPA. It depends on the types of institutes and the programs that you want to pursue. It is recommended to check the institute's official website to get all the details related to the course-wise fee structure.

  • The exams accepted by MBA Colleges in Chennai are:

    • CAT
    • CMAT
    • MAT
    • NMAT
    • GMAT
    • XAT
  • Yes, there are Government MBA Colleges in Chennai which offer the best MBA education along with excellent career opportunities. It includes:

    • Indian Maritime University - Chennai
    • Guru Nanak College 
    • IIT Madras - Dept of Management Studies
    • Institute of Hotel Management Catering Technology and Applied Nutrition
    • Anna University 
    • Madras University

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