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Top MBA Colleges in Chennai: Dates, Ranking, Fees, Eligibility, Selection Criteria, Placements 2024

Content Curator | Updated On - May 1, 2024

The top MBA colleges in Chennai are the Indian Institute of Technology (IIT) Madras, Great Lakes Institute of Management, and Anna University. Chennai houses 149 MBA colleges, of which 122 are private colleges and 24 are government institutions. Colleges accept entrance exams like TANCET, CAT, MAT, XAT, CMAT, and ATMA for admission to MBA.

Indian Institute of Technology Madras ranks 15 on NIRF rankings for 2023
The average CTC offered ranges between INR 8 LPA to INR 25 LPA.
The top MBA colleges in Chennai without entrance exams are the Academy of Maritime Education and Training University, SRM IST Ramapuram Campus, and BIHER, College of Management.

Check the Top MBA Colleges in India

Table of Content

Top MBA Colleges in Chennai: Highlights
Top MBA Colleges in Chennai: Entrance Exam Schedule
Top 10 MBA Colleges in Chennai
Top MBA Colleges in Chennai: NIRF Ranking 2023
Top Private MBA Colleges in Chennai
Top Government MBA Colleges in Chennai
Top MBA Colleges in Chennai: Placements
FAQs

Top MBA Colleges in Chennai: Highlights

149 MBA colleges for MBA in Chennai offer top specializations like sales and marketing, finance, human resources, operations, IT and systems, etc. The average course fee for an MBA in Chennai is INR 25,00,000. Companies like Accenture, IBM, and Amazon offer placements every year.

Parameters	Particulars
No. Of MBA Colleges	149
Average MBA Course Fees(INR)	INR 25,00,000
Top Specializations	Sales and Marketing, Finance, Human Resources, Operations, IT and Systems
Entrance Exams	TANCET, CAT, MAT, CMAT, XAT, ATMA
Average Package(INR)	INR 8,00,000 - INR 25,00,000
Top Recruiters	Accenture, Deloitte, Cognizant, Dell, IBM, McKinsey, Standard Chartered

Top MBA Colleges in Chennai: Entrance Exam Schedule

Candidates must appear for entrance exams like TANCET, CAT, MAT, CMAT, XAT, and ATMA to secure admission to an MBA college. They must also meet the minimum eligibility criteria.

The following table has the exams and their respective dates for 2024:

Exam Name	Exam Dates
TANCET	9 March 2024
CAT	24 November 2024
XAT	7 January 2024
MAT	10 March 2024
CMAT	May 2024
ATMA	18 February 2024, 11 May 2024, 23 June 2024, 21 July 2024

Top 10 MBA Colleges in Chennai

Following are the top 10 MBA Colleges in Chennai along with their total fees and seat intake capacity:

College Name	Total Fees(INR)	Seat Intake
Indian Institute of Technology (IIT) Madras	INR 17,00,000	68
Great Lakes Institute of Management	INR 11,20,000	420
Loyola Institute of Business Administration, Chennai	INR 51,60,000	240
Hindustan Institute of Technology and Science (HITS)	INR 4,30,000	360
B. S. Abdur Rahman Crescent Institute of Science and Technology	INR 4,25,000	300
Saveetha Institute of Medical and Technical Sciences	INR 7,00,000	120
Indian School of Science And Management, Taramani, Chennai	INR 50,000
Sri Sairam Institute of Management Studies, Chennai	INR 35,000	180
IIKM- The Corporate B School, Chennai	INR 11,30,000	240
Anna University - [AU], Chennai	INR 6,00,000	21575

Top MBA Colleges in Chennai: NIRF Ranking 2023

The National Institutional Ranking Framework (NIRF) is a methodology adopted by the Indian government to rank the top educational institutions in India based on various parameters. It operates under the Ministry of Education and publishes ranking lists every year for different domains. NIRF is considered the most trustworthy and popular ranking agency in India.

Following is a table showing the NIRF ranking of top MBA colleges in Chennai for the past 2 years:

College Name	NIRF Ranking 2023	NIRF Ranking 2022
Indian Institute of Technology Madras	15	10
Great Lakes Institute of Management	31	31
Anna University, Chennai	49	49
Saveetha Institute of Medical and Technical Sciences	71	77
Loyola Institute of Business Administration	NA	86
B. S. Abdur Rahman Crescent Institute of Science and Technology	101-125	101-125
Hindustan Institute of Technology and Science (HITS)	101-125	101-125

Top Private MBA Colleges in Chennai

Private colleges are best known for a more personal learning experience and offer better industry connections and networking opportunities. They have excellent placements and better infrastructure.

There are a total of 122 private colleges from which the Top Private MBA Colleges in Chennai are listed below with their total course fees and admission process:

College Name	Total FeesINR)	Admission Process
Great Lakes Institute of Management	INR 11,20,000	Eligibility: Undergraduate degree with 60% aggregate Entrance Exam: CAT, XAT, CMAT
Loyola Institute of Business Administration, Chennai	INR 51,60,000	Eligibility: Undergraduate Degree with 50% aggregate Entrance Exam: CAT, XAT
Saveetha Institute of Medical and Technical Sciences	INR 7,00,000	Eligibility: Undergraduate Degree with 50% aggregate Entrance Exam: TANCET
Hindustan Institute of Technology and Science (HITS)	INR 4,30,000	Eligibility: Undergraduate Degree with 50% aggregate Entrance Exam: TANCET, HITSCAT
SRM Ramapuram Chennai	INR 4,60,000	Eligibility: Undergraduate Degree with 60% aggregate Entrance Exam: TANCET

Top Government MBA Colleges in Chennai

There are 24 government colleges in all of Chennai out of which the Top Government MBA Colleges in Chennai are listed below along with their total course fee and admission process:

College Name	Total Fees(INR)	Admission Process
Indian Institute of Technology (IIT) Madras	INR 17,00,000	Eligibility: Undergraduate degree with 60% aggregate Entrance Exam: CAT
Anna University - [AU], Chennai	INR 6,00,000	Eligibility: Undergraduate degree with 50% aggregate Entrance Exam: ANCET, TANCET MBA, MAT, CBSE 12th, ISC, Tamilnadu 12th, XAT, CAT, CMAT, MAH CET
University Of Madras, Chennai	INR 2,60,000	Eligibility: Undergraduate degree with 50% aggregate Entrance Exam: TANCET, MAT
Indian Maritime University (IMU), Chennai	INR 4,00,000	Eligibility: Undergraduate degree with 50% aggregate Entrance Exam: TANCET
Tamil Nadu Open University - [TNOU], Chennai	INR 1,00,000	Eligibility: Undergraduate degree with 50% aggregate

Top MBA Colleges in Chennai: Placements

Check out the table below for a comprehensive list of the leading colleges, their average placement package, and the notable recruiters associated with them.

College Name	Average Placement Package	Prominent Recruiters
Indian Institute of Technology Chennai Placement	INR 21.48 LPA	Amazon, Deloitte, Bain & Company, Morgan Stanley, Microsoft, ITC, etc.
Loyola Institute of Business Administration (LIBA) Placement	INR 11.5 LPA	Cognizant, JP Morgan, Bank of America, Hyundai, Vedanta
Great Lakes Institute of Management, Chennai - Placement	INR 12.15 LPA	Infosys, Deloitte, TCS, HDFC Bank, HCL, etc.
Saveetha Institute of Medical And Technical Sciences (SIMATS) Chennai Placement	INR 6 LPA	Cognizant, IBM, Infosys, Accenture, HDFC Bank, Alliance Group, etc.

FAQs

Ques. Which institute is best for MBA in Chennai?

Ans. Indian Institute of Technology Madras and Great Lakes Institute of Management are some of the best colleges in Chennai for an MBA course.

Ques. Which MBA specialization is the highest paid in Chennai?

Ans. Finance and investment banking have the highest-paying jobs for MBA graduates. Business analytics and IT management also have high salary packages.

Ques. What are the top 5 MBA colleges in Chennai?

Ans. The top 5 MBA colleges in Chennai are listed below:

Indian Institute of Technology (IIT) Madras
Great Lakes Institute of Management
Anna University, Chennai
Saveetha Institute of Medical and Technical Sciences
Loyola Institute of Business Administration

Ques. Which MBA college has the best placement in Chennai?

Ans. IIT Madras has the best placements in Chennai with a package of INR 16,00,000 LPA to INR 21,00,000 LPA. Loyola Institute of Business Administration offers a placement package of INR 11,00,000 LPA.

Ques. Can I pursue an MBA without entrance tests?

Ans. There are a few colleges in Chennai that don’t require entrance exams:

College Name	Total Fees
SSN School of Management & Computer Applications	INR 5,20,000
Vel Tech Chennai	INR 1,60,000
Indian Institute of Logistics	INR 4,30,000

Ques. What is the eligibility for an MBA in Chennai?

Ans. Candidates with a bachelor’s degree in any discipline with a minimum of aggregate 50% marks are eligible for admission to MBA.

Ques. What entrance tests should candidates take for admission to an MBA?

Ans. The entrance tests that candidates take are listed below:

TANCET (Tamil Nadu Common Entrance Test)
CAT (Common Admission Test)
MAT (Management Aptitude Test)
CMAT (Common Management Admission Test)
XAT (Xavier’s Admission Test)
ATMA (AIMS Test for Management Admission)

Ques. What is the average MBA course fees in Chennai?

Ans. The total course fees for government colleges range from INR 2,00,000 to INR 22,00,000 and for private colleges INR 7,00,000 to INR 30,00,000.

Ques. Which fields offer the highest salary for an MBA?

Ans. Finance and investment banking have the highest-paying jobs for MBA graduates, followed by business analytics and IT management.

Ques. How many types of MBA programs are there?

Ans. There are 6 main types of an MBA course, namely, full-time, part-time, online or distance, flexible, global, and executive.

Ques. How much does a 2-year MBA course cost?

Ans. A 2-year MBA course ranges from INR 90,000 to INR 25,00,000.

Ques. What is the average salary for an MBA in Chennai?

Ans. The average salary for an MBA is INR 2,50,000 LPA in Chennai.

Ques. Which MBA specializations have the most jobs in 2024?

Ans. MBA in Human Resource Management has the most jobs followed by MBA in Business Analytics and MBA in IT Management.

Ques. Which college has the lowest fees for an MBA in Chennai?

Ans. Department of Management Studies, Anna University Chennai has the lowest MBA fees at INR 20,500.

Ques. Do 12th marks count for placements?

Ans. 12th grade performance doesn't count during placement rounds. The candidates must have an overall good performance in their MBA course.

Ques. How many times can I appear for the CAT exam?

Ans. CAT takes place once every year. Candidates can apply and appear for the test, there is no restriction on the number of attempts and no age limit.

Ques. What is the CAT exam fee?
Ans. The CAT exam fee is INR 2,400 for the General category and INR 1,200 for the Reserved category.

Ques. Is Madras University good for an MBA?

Ans. Madras University is the better choice for MBA in Chennai regarding placements and good exposure