Chennai, also known as the Health Capital of India, is home to some of the top MBA colleges. Pursuing an MBA in Chennai can be of various advantages including locational advantage. Some of the top MBA colleges in Chennai include IIT Madras, Great Lake Institute, Loyola Institute, Anna University, and more. These colleges offer a comprehensive MBA/PGDM course. These colleges have great industry connections which offer amazing opportunities to work.
These MBA Colleges in Chennai accept multiple exams such as CAT, XAT, CMAT, GMAT, ATMA, TANCET, and more. The eligibility for these colleges might vary but generally include a bachelor’s in a relevant field with a minimum aggregate of 60%. The average placement in these colleges ranges from INR 5 to 20 LPA. Getting into these prestigious MBA colleges in Chennai can offer you career prospects in the corporate world.
Topics covered
List of the Top MBA Colleges in Chennai
Chennai is home to some of India’s top B-Schools. Chennai was earlier known as Madras and had great strategic locational advantages. It provides the students with an ample number of internships and job opportunities. So, pursuing an MBA in Chennai can be a great choice for you. The list of the top MBA colleges in Chennai include:
| MBA Colleges in Chennai | Ranking and Recognitions |
| Indian Institute of Technology Madras | #16 by NIRF 2024 (Management) |
| Great Lake Institute of Management | #34 by NIRF 2024 (Management) |
| Loyola Institute of Business Administration | #66 by NIRF 2024 (Management) |
| Anna University | #69 by NIRF 2024 (Management) |
| Saveetha Institute of Medical and Technical Sciences | #74 by NIRF 2024 (Management) |
| SRM University | #12 by NIRF 2024 (University) |
| VIT Business School | Accredited with A++ by NAAC |
| Hindustan University Chennai | Accredited with A+ by NAAC |
| XIME Chennai | N/A |
| Rajlakshmi School of Business | N/A |
The above-mentioned MBA colleges in Chennai have been ranked on the basis of NIRF Ranking 2024 (Management). For unranked colleges, we have mentioned other parameters.
Suggested Read: Best MBA Colleges in India
Get Access to Our
FREE Career Dashboard
Indian Institute of Technology Madras
The IIT Madras is a top-ranked MBA college in Chennai. Its Department of Management Studies (DoMS) offers a reputed MBA program. DoMS IIT Madras provides students with a strong foundation in management.
- Course Offered: Master of Business Administration
- Tuition Fees: INR 11 to 13 Lakh* (Research-based)
- Average Package: INR 17 – 20 LPA (Research-based)
- Exam/s Accepted: CAT Exam
The best part about DoMS Madras is that it has amazing faculty members. The updated MBA curriculum enables holistic development for the candidates. Also, there are several clubs for learning/networking apart from academics.
Great Lake Institute of Management
Great Lakes Institute of Management is a premier business school established in 2004. It offers globally accredited MBA programs, including the one-year PGPM and the two-year PGDM. The institute is famous for its industry-relevant education and LEED platinum-rated green campus.
- Course Offered: Post Graduate Diploma in Management (PGDM)
- Tuition Fees: INR 14.77 Lakh (Official Website)
- Average Package: INR 17.30 LPA (by Indian Express)
- Exam/s Accepted: CAT, XAT, GMAT, CMAT
It has consistently been ranked among India’s top 10 B-Schools. This makes Great Lakes one of the MBA Colleges in Chennai.
Is doing an MBA worth it? Refer to our blog To Do or Not Do MBA for more details.
Loyola Institute of Business Administration
Loyola Institute of Business Administration (LIBA), established in 1979, is a premier Jesuit business school in Chennai. LIBA offers a range of management programs, including the flagship two-year PGDM.
- Course Offered: Post Graduate Diploma in Management (PGDM)
- Tuition Fees: INR 16.99 Lakh (Official Website)
- Average Package: INR 11 LPA (Official Website)
- Exam/s Accepted: CAT, XAT
Apart from the academic programs, LIBA focuses on ethics and inculcates the values of excellence, justice, and honesty.
Anna University
Anna University is a famous public university in Chennai. Its Department of Management Studies (DOMS) offers a comprehensive MBA program. The MBA program emphasizes practical learning and industry exposure.
- Course Offered: Master of Business Administration (MBA)
- Tuition Fees: INR 32,690/year & varies (Official Website)
- Average Package: INR 8-10 LPA (Research-based)
- Exam/s Accepted: CAT, XAT, MAT, CMAT
The DoMS Anna University offers modern facilities and extremely competent faculty members for further guidance and counseling. This makes it a good place for MBA aspirants.
Also, learn about the top MBA Entrance Exams in India here!
Saveetha Institute of Medical and Technical Sciences
SIMATS is a private, deemed-to-be university in Chennai. It offers diverse programs in fields like dental, medical, engineering, law, and management. SIMATS is known for its high academic standards, modern infrastructure, and strong emphasis on research and innovation.
- Course Offered: Master of Business Administration (MBA)
- Tuition Fees: INR 3.50 Lakh per annum (Official Website)
- Average Package: INR 5.40 LPA (Official Website)
- Exam/s Accepted: CAT, MAT, XAT, TANCET, CMAT
The university is accredited by NAAC and recognized by the University Grants Commission (UGC) which places it among the top MBA colleges in Chennai.
SRM University
SRM University in Chennai is among the popular MBA colleges in Chennai. The university focuses on developing leadership, analytical, and decision-making skills. With modern facilities and experienced faculty, SRM provides a dynamic learning environment.
- Course Offered: Master of Business Administration (MBA)
- Tuition Fees: INR 11.90 Lakh (Research-based)
- Average Package: INR 8-9 LPA (Research-based)
- Exam/s Accepted: CAT, MAT, XAT, NMAT, CMAT, TANCET
The MBA curriculum at SRM University is regularly updated to meet industry standards. It also offers excellent placement opportunities in famous companies.
VIT Business School
VIT Business School is part of VIT University. It is famous for its innovative and industry-relevant MBA program. The school aims to develop globally competent and socially responsible leaders. With modern facilities and a strong focus on practical knowledge, VITBS ensures students are well-prepared for the corporate world.
- Course Offered: Master of Business Administration (MBA)
- Tuition Fees: INR 3.48 Lakh/year (Official website)
- Average Package: INR 9.68 LPA (Official website)
- Exam/s Accepted: CAT, XAT, MAT, NMAT, CMAT, GMAT
The VIT Business School also offers excellent placement support and scholarships for top scorers in entrance exams.
Hindustan University Chennai
Hindustan University in Chennai offers an MBA program designed to develop future business leaders. The university provides modern infrastructure, experienced faculty, and a curriculum aligned with industry needs. It also has global exposure through international collaborations.
- Course Offered: Master of Business Administration (MBA)
- Tuition Fees: INR 3.01 Lakh (Research-based)
- Average Package: INR 4-5 LPA (Research-based)
- Exam/s Accepted: CAT, HITSCAT
Hindustan University offers excellent internship and placement opportunities to MBA aspirants. It has strong industry connections.
XIME Chennai
XIME Chennai is part of the Xavier Institute of Management and Entrepreneurship network. The institute offers a two-year PGDM program, similar to an MBA. Its PGDM is approved by AICTE. It focuses on developing leadership and entrepreneurial skills.
- Course Offered: Post Graduate Diploma in Management (PGDM)
- Tuition Fees: INR 8.50 Lakh (Official Website)
- Average Package: INR 8-10 LPA (Research-based)
- Exam/s Accepted: CAT, XAT, GMAT, ATMA, CMAT
XIME Chennai is located in an automotive and manufacturing industrial corridor, which provides opportunities for industry interactions.
Rajlakshmi School of Business
Rajalakshmi School of Business (RSB) in Chennai offers a PGDM program. It focuses on developing future business leaders through a comprehensive curriculum and global collaborations. The school provides modern facilities and a strong placement support system.
- Course Offered: Post Graduate Diploma in Management (PGDM)
- Tuition Fees: INR 7.82 Lakh (Official Website)
- Average Package: INR 5-6 LPA (Research-based)
- Exam/s Accepted: CAT, XAT, GMAT, ATMA, CMAT
RSB has strong industry tie-ups and connections which provide students with great work opportunities. This makes RSB as one of the best MBA colleges in Chennai.
These were the top MBA colleges in Madras/Chennai. From IIT Madras to Rajlaxmi School, all these institutions offer great learning and career opportunities. If you need more help, you can visit us at Career Counselling in Chennai and get your career-related doubts resolved in minutes!
Summing It Up!
Chennai is a major educational center, offering top MBA programs with great career prospects. Colleges like IIT Madras, Great Lakes Institute of Management, and Loyola Institute of Business Administration (LIBA) are among the top MBA colleges in Chennai. Universities like Anna University, SRM University, and VIT Business School focus learning and leadership development.
Hindustan University and Rajalakshmi School of Business also offer modern facilities and global partnerships. With so many excellent options, Chennai is a great choice for students who want to pursue an MBA and build successful careers.
Related Blogs to Explore
- MBA Colleges in Bangalore
- Career Options After MBA
- MBA Colleges in Delhi
- MBA in Finance
- MBA Specializations in 2024
FAQs
IIT Madras is widely regarded as the top institute for pursuing an MBA in Chennai. Its Department of Management Studies (DoMS) consistently ranks high for its quality education, strong faculty, and excellent placement opportunities.
The cost of an MBA in Chennai varies depending on the institute. Tuition fees typically range from INR 3-16 lakh for the entire program. For example, fees at IIT Madras are around INR 11-13 lakh, while Great Lakes Institute charges INR 14.77 lakh.
Colleges like XIME Chennai, SRM University, and Hindustan University offer MBA programs where admission is possible without CAT scores. These institutions accept other entrance exams like MAT, XAT, or their own admission tests.
IIT Madras offers the best placements for MBA graduates in Tamil Nadu. Its Department of Management Studies (DoMS) consistently secures high average packages, with students receiving offers in top companies both nationally and internationally.
Get Access to Our
FREE Career Dashboard
Sushant, an accomplished content writer at iDreamCareer, has dedicated his life to the pursuit of writing since childhood. Having earned his education at the prestigious University of Delhi, he possesses a profound understanding of both arts and science in the field of education. Leveraging his professional experience, Sushant brings a fresh perspective to analyzing emerging trends in the realms of writing and education. His youthful mindset, coupled with a positive outlook, is geared towards enlightening students through the impactful delivery of wisdom and knowledge.
