Top MBA Colleges in Chennai

Top MBA Colleges in Chennai

An MBA can lead to a multitude of career alternatives for experienced professionals and young graduates due to the diversity of the corporate and economic scene in the city. Graduates from Chennai's MBA programs and B-schools will undoubtedly find work in the corporate and IT sectors, which are growing quickly. This article includes a list of the top 20 MBA colleges offered by colleges in Chennai. These institutions are ranked based on a number of factors, such as the quality of education they provide, placements, fees, and scholarships.

List of Top MBA Colleges in Chennai:

List of Top MBA Colleges in Chennai According to NIRF Ranking 2023

S.No

NIRF Ranking

Name of College

1.

15th

IIT Madras

2.

31st

Great Lake Institute of Management

3.

49th

Anna University (Department of Management Studies)

4.

 71st

Savitha Institute of Medical and Technical Sciences (SIMTS MBA)

Top MBA Colleges in Chennai: Entrance Exams  Accepted

Top MBA Colleges in Chennai: Eligibility, Admission Criteria, Scholarship Details and Reviews

Great Lake Institute of Management -

  • Eligibility- A Bachelor’s degree in any discipline from a recognized institution, with valid CAT/GMAT/XAT+/CMAT scores.
  • Admission Criteria- Entrance Based
  • Scholarship – Diversity& merit scholarship and Dr Bala V Balachandran Merit Scholarship.
  • Reviews –2/5

Savitha Institute of Medical and Technical Science -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- entrance based
  • Scholarship- Dr APJ Abdul Kalam Scholarship, Founder’s Scholarship, Merit-cum-Means Scholarship, Sports Scholarship.
  • Reviews- 2/5

Hindustan Institute of Technology and Sciences -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance Based.
  • Scholarship- KCG Verghese Merit Cum Means Scholarship, Dr Elizabeth Verghese Founder Chancellor Scholarship, Hindustan Loyalty Scholarship, Sports Scholarship.
  • Reviews- 0/5

VIT Business School -

  • Eligibility- graduation degree with minimum aggregate of 60% of marks.
  • Admission Criteria- Entrance based.
  • Scholarship- NA
  • Reviews- 9/5

Department of Management Studies IIT Madras -

  • Eligibility- Graduation degree with minimum aggregate of 60% marks (55%) For SC/ST Candidates.
  • Admission Criteria- Entrance Based
  • Scholarship- Merit- Cum Means Scholarships, SC/ST Scholarships.
  • Reviews- 4/5

Loyola Institute of Business Administration -

  • Eligibility- Graduation with minimum aggregate of 60% marks
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews- 2/5

SRM Institute of Science and Technology (SRM School of Management) -

  • Eligibility- Graduation with minimum aggregate of 60% of
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews- 4.0/5

MEASI Institute of Management -

  • Eligibility- Graduation degree.
  • Admission Criteria- MIM  Entrance Based
  • Scholarship- NA
  • Reviews- 9/5

Bharath Institute of Higher Education and Research (BIHER) -

  • Eligibility- Graduation with 60% of marks.
  • Admission Criteria- Merit- Based
  • Scholarship- Merit Scholarships, Sports Scholarships.
  • Reviews- 0/5

VELS School of Management and Commerce -

  • Eligibility – Graduation with minimum aggregate of 50% marks (45% for SC/ST candidates)
  • Admission Criteria- Entrance Based
  • Scholarships- VSAT Scholarship, Merit Scholarship, First Graduate Scholarship, Ex- Servicemen Scholarship, Sports Scholarship.
  • Reviews- 4.0/

ISSM Business School -

  • Eligibility- Graduation with 50% marks.
  • Admission Criteria- entrance based
  • Scholarships- NA
  • Reviews- 9/5

SSN School of Management -

  • Eligibility- Graduation with 60% of marks.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews-8/5

ITM Business School -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance based
  • Scholarships- NA
  • Reviews- 0/5

IIKM Corporate Business School -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance Based
  • Scholarship- Merit Scholarship
  • Reviews- 9/5

Department of Management Studies, Anna University -

  • Eligibility- Graduation degree
  • Admission Criteria- Entrance Based
  • Scholarship- NA
  • Reviews- 2/5

Versatile Business School -

  • Eligibility – Graduation with minimum aggregate of 50% of marks.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 8/5 

Avidus Academy of Management (AAM Business School) -

  • Eligibility- Graduation with minimum aggregate of 50% of marks.
  • Admission Criteria- Entrance Based and Academic Performance Based.
  • Scholarships- NA
  • Reviews- 4.3/5

Guru Nanak College -

  • Eligibility- Graduation Degree
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 9/5

Rajlakshmi School of Business -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 9/5

Crescent School of Business -

  • Eligibility- Graduation with minimum aggregate of 50% marks.
  • Admission Criteria- Entrance Based
  • Scholarships- NA
  • Reviews- 9/5

Top MBA Colleges in Chennai:ROI

Name of College

Fee Structure- Approx (in Rs.)

Placement Details (2023)

Great Lakes Institute of Management

19,95,000/-

Highest CTC- INR 34 LPA

Average CTC- INR 18.10  LPA

Savitha Institute of Medical and Technical and Science

3,50,000/-

NA

Hindustan Institute of Technology and Sciences

2,20,000/-

Highest CTC-INR 15 LPA

VIT Business School

3,51,000/-

NA

Department of Management Studies, IIT Madras

NA

Highest CTC- INR 30.60  LPA

Average CTC- INR 20.19 LPA

Loyola Institute of Business

9,60,900/- (1st year)

NA

SRM Institute of Science and Technology (SRM School of Management)

4,00,000

NA

 

MEASI Institute of Management

5,50,000/-

Highest CTC- INR 8 LPA

Average CTC-INR 5 LPA

Bharath Institute of Higher Education and Research (BIHER)

4,00,000/-

Highest CTC- INR  LPA

Average CTC-INR  LPA

VELS School of Management and Commerce

1,12,700/- + 25,000/- one time fee

NA

ISSM Business School

NA

Highest CTC – INR 20 LPA

Average CTC- INR 13.6 LPA

SSN School of Management

6,00,000/-

Highest CTC-INR 12 LPA

Average CTC- INR 6.84 LPA

ITM Business School

3,52,500/- Per Year

Highest CTC- INR 21 LPA

Average CTC- INR 8.65 LPA

IIKM Corporate Business School

5,00,000/- Total Fee

NA

Department of Management Studies (Anna University)

97,320/- per Year

NA

Versatile Business School

2,50,000/-

NA

Avidus Academy of Management (AAM Business School)

4,59,000/-

Highest CTC- INR 12.00 LPA

Average CTC- INR 4.50 LPA

Rajlakshmi School of Business

7,82,500/-

NA

Top MBA Colleges in Chennai: Specialization Offered

Name of College

Specialization offered

Great Lake Institute of Management

Marketing, Finance, Strategy, AIMLA and Operations

Savitha Institute of Medical and Technical and Science

HR

Marketing

Hospital Administration

Operations Management

Logistics and SCM

Finance

International Business

System and Production Management

Hindustan Institute of Technology and Sciences

Finance, marketing, HR, Hotel and Tourism management, logistics Management, Hospital Management, sports Management,

Business Analytics, Media and Entertainment.

VIT Business School

 

Finance, HR, Information System.

Department of Management Studies, IIT Madras

Finance, Marketing, Information System, Operations Management, Integrative Management, organizational Behaviour and HRM

Loyola Institute of Business

 

Marketing, Finance, operations and HR

MEASI Institute of Management

 

Finance, Marketing, Logistics & Supply Chain, Business Analytics, Hospital Management, Human Resources, Systems, Production & Operation, Entrepreneurship & Family Business, and Tourism & Hospitality.

Bharath Institute of Higher Education and Research (BIHER)

Hospital & Health Systems Management, Hotel Management, Marketing, Banking and Finance, International Business.

VELS School of Management and Commerce

Logistics and shipping management,  Finance, HR, Marketing, System, Production, Logistics and SCM, Business Analytics, sports management, innovation, entrepreneurship and venture developer.

ISSM Business School

 

Finance, Human Resource Management, Logistic Management, Marketing.

SSN School of Management

Marketing, Finance, HRM, Operations Management, Business Analytics

ITM Business School

Finance

Marketing

Supply Chain & Operations Management

IIKM Corporate Business School

Business Analytics, Digital marketing & E-Commerce, HR, Marketing, Finance, System & Operations.

Department of Management Studies (Anna University)

Marketing, Finance, HR, Systems, operations,

Versatile Business School

Industry Integrated

Business Analytics

Digital Marketing

Avidus Academy of Management (AAM Business School)

HR, Finance, Marketing, System Management, Operations.

Guru Nanak College

Finance

Marketing

Human Resource

Digital Management and Analytics

Supply Chain Management and Logistics

International Business

Travel and Tourism

SRM Institute of Science and Technology (SRM School of Management)

Artificial Intelligence and Data Science, Banking and Financial Services, Business Analytics, Digital Marketing, Financial Services, Sports Management

Rajalakshmi School of Business

Business Analytics, Finance, HR, Marketing, Operations, Media Management, Tourism Management, Agri- Business Management

Crescent School of Business

Marketing, Finance, HRM, Operations, Systems, Banking & Finance, Business Analytics, Entrepreneurship, Logistic & Supply Chain, Alternate Finance, International Business.

It’s difficult to say which MBA specialization has the best opportunity in Hyderabad/ India as it depends on various factors such as your interests, skills, and the current job market.

Conclusion:

Chennai is a popular destination for prospective MBA students because of its excellent academic institutions, dynamic business climate, top MBA colleges, reasonable tuition, decent placement opportunities, high return on investment, and varied student body. Because of the city's diverse business and economic environment, both recent graduates and seasoned professionals can discover a wealth of job prospects with an MBA. Graduates from B-schools and MBA programs in Chennai will surely find employment in the rapidly expanding corporate and IT industries.

Frequently Asked Questions:

Q.1 Which college has the highest NIRF ranking among MBA colleges in Chennai?

Ans. According to the National Institutional Ranking Framework (NIRF) 2023, the Indian Institute of Technology (IIT) Madras has the highest NIRF ranking among MBA colleges in Chennai, it secured 15th place in management category ranking.

Q.2 What are the career options available after MBA in Chennai?

Ans. After completing an MBA, there are various career options available in Chennai. Here are some of the popular ones- Marketing Manager, Financial Analyst, HR Manager, Operations Manager, Entrepreneur and many more.

Q.3 Do the MBA colleges in Chennai have international collaborations?

Ans. Many MBA colleges in Chennai have international collaborations with renowned universities and business schools. These collaborations facilitate student exchange programs, joint research projects, and global exposure, allowing students to gain a broader perspective and international experience.

Q.4 How do the fee structures of the top MBA colleges in Chennai vary?

Ans. The cost of MBA programs in Chennai varies depending on the college. Certain universities provide programs with reasonable costs, whereas others charge more because of things like academic experience, business partnerships, and infrastructure. When assessing the price structure, it is essential to consider the institution's entire value and reputation into account.

Q.5 Are MBA programs industry-focused offered by the best universities in Chennai?

Ans. Yes, the curriculums of the best MBA schools in Chennai give special attention to industrial relevance. To provide students a competitive edge and practical experience, they frequently partner with top businesses and bring industry experts for guest lectures, case studies, and internships.

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