Best MBA Colleges in Chennai in 2022
Saurav Anand
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August 22, 2022
MBA colleges in Chennai provide MBA programs with a variety of specializations. There are approximately 149 recognized MBA colleges in Chennai, with approximately 122 being Private MBA Colleges in Chennai and 24 being Government MBA Colleges in Chennai. The majority of the Best MBA Colleges in Chennai (around 85) are AICTE-approved, and more than 34 are UGC-approved. Vel Tech- Chennai and DoMS IIT Madras – Chennai are two of the Best MBA Colleges in India.
The University of Madras, Institute of Distance Education Chennai, Directorate of Distance Education, and Tamil Nadu Physical Education and Sports University, are among the Best Distance MBA colleges in Chennai in 2022. According to the NIRF Ranking 2021, IIT Madras, the Department of Management Studies, and Great Lakes Institute of Management is indexed 13 and 24, respectively, among the Best MBA Colleges in India. MBA admissions in the Best MBA Colleges in Chennai in 2022 are mostly done through various MBA entrance exams like CAT, MAT, TANCET, and so on, followed by a Group Discussion or personal interview round. Some of the Best MBA Colleges in Chennai without entrance exams include SRM Institute of Science and Technology Ramapuram Campus, Chennai, the Academy of Maritime Education and Training University, Chennai, and Bharath Institute of Higher Education and Research, College of Management. Best MBA Colleges in Chennai with fees structure ranging from INR 50,000 to 30 Lakhs, depending on the college. MBA annual fees in MBA Government Colleges in Chennai can range between INR 2 and INR 22 lakhs, while Private MBA Colleges in Chennai can range between INR 7 and 30 lakhs.
Best MBA colleges in Chennai MBA and PGDM programs with a variety of concentrations are available. There are around 149 accredited MBA/PGDM colleges in Chennai, with approximately 122 being private and 24 being government MBA institutes. The majority of the leading best MBA colleges in Chennai (about 85) are AICTE-approved, while more than 34 are UGC-approved. DoMS IIT Madras – Chennai and Vel Tech – Chennai are two of India’s Best MBA schools.
| Parameters | Particulars/Statistics |
|---|---|
| Number of MBA Colleges in Chennai | 150 |
| Fees | Annual Fee of INR< INR1 lakh- 46%INR 1-2 lakh- 9%INR 2-3 lakh- 7% |
| Top Specialisations | Finance, Sales & Marketing, Human Resources, Operations, IT & Systems, etc. |
| Admission Process | Entrance-based- TANCET MBA, MAT, CAT, XAT, CMAT, ATMA, and so forth |
| No. of IIMs and IITs | 1 IIT |
Best 10 MBA Colleges in Chennai in 2022
Here is the list of the Best MBA Colleges in Chennai which have been indexed among the Best MBA Colleges in India by various popular Ranking agencies like NIRF, India Today, etc. given below:-
- Department of Management Studies, IIT Madras, , Chennai
- Great Lakes Institute of Management, Chennai
- Loyola Institute of Business Administration, Chennai
- Xavier Institute of Management and Entrepreneurship,, Chennai
- Department of Management Studies, Anna University, Chennai
- Hindustan Institute of Technology and Science, Chennai
- Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology, Chennai
- Bharath University - Bharath Institute of Higher Education and Research, Chennai
- SRM Institute of Science and Technology Ramapuram Campus, Chennai
- Bharath Institute of Higher Education and Research, College of Management, Chennai
Best MBA Colleges In Chennai In 2022 Eligibility Criteria:-
The basic eligibility criteria to pursue MBA courses in the Best MBA colleges in Chennai are as follows:-
- The aspirant must have completed graduation in any discipline or equivalent from a recognized university.
- The aspirant must have a minimum aggregate percentage of 50% in graduation and 45% for reserved category students.
- Final-year graduation aspirants are also eligible for the MBA course provided they present proof of completion of the Graduation degree within the duration.
Best MBA Colleges In Chennai Based On NIRF Ranking In 2022:-
National Institutional Ranking Framework is a methodology adopted by the government of India to rank top colleges of India based on various parameters, which include the following:-
| NIRF Ranking 2022 | Name of the College | NIRF Score |
|---|---|---|
| 10 | DoMS IIT Madras - Department of Management Studies | 66.60 |
| 31 | Great Lakes Institute of Management, Chennai | 54.90 |
| 49 | Anna University | 50.72 |
| 77 | Saveetha Institute of Medical and Technical Sciences, Poonamallee | 45.13 |
| 86 | Loyola Institute of Business Administration | 45.13 |
| 102 - 125 | B.S. Abdur Rahman Crescent Institute of Science and Technology | - |
| 102 - 125 | Hindustan Institute of Technology and Science | - |
Best MBA Colleges In Chennai Based On The Week Ranking In 2022
The Week is an Indian News magazine that provides a ranking of the Best MBA Colleges in India every year. The following table shows the Best MBA colleges in Chennai according to the rankings.
| Name of the College | Ranking | Average Annual Fee |
|---|---|---|
| IIT Madras | 20 | INR 4,00,000 |
| Loyola Institute of Business Administration Chennai | 32 | INR 1,52,000 |
| SRM Chennai | 75 | INR 3,10,000 |
| Hindustan Institute of Technology and Science, Chennai | 92 |
Best MBA Colleges In Chennai Based On The Times 2021 Ranking In 2022:-
| Ranking | Name of the College |
|---|---|
| 50 | SRM School of Management, SRMIST |
| 54 | Hindustan Institute of Technology and Science |
| 77 | Sai Ram Institute of Management Studies |
| 80 | IIKM- The Corporate B School |
| 87 | ITM Business School, Chennai |
List Of Best Private MBA Colleges In Chennai In 2022:-
- HITS Chennai - Hindustan Institute of Technology and Science
- Sathyabama University - Sathyabama Institute of Science and Technology
- Great Lakes Chennai - Great Lakes Institute of Management
- Indian Institute of Logistics, Chennai
- SRM University Chennai - SRM Institute of Science and Technology
- St Joseph’s College of Engineering, Chennai
- MOP Vaishnav College for Women, Chennai
- Loyola Institute of Technology, Chennai
- Dr MGR Educational and Research Institute, Chennai
- Vels University Chennai - Vel's Institute of Science Technology and Advanced Studies
Best Private MBA Colleges In Chennai With Fees In 2022:-
| S. No. | Name of the College | Location | Total Fees (Rs) |
|---|---|---|---|
| 1. | Xavier Institute of Management and Entrepreneurship | Sriperumbudur | 7.5 L |
| 2. | SSN School of Management | Old Mahabalipuram Road | 5 L |
| 3. | Great Lakes Institute of Management, Chennai | Kanchipuram | 17.15-19.25 L |
| 4. | Vellore Institute of Technology, VIT University | Vandalur | 7.03 L |
| 5. | Loyola Institute of Business Administration | Nungambakkam | 1.68-15.26 L |
| 7. | IIKM Business School | Kilpauk | 3.25-4 L |
| 8. | Sri Ramchandra Institute of Higher Education and Research | Porur | 4 L |
| 9. | Rajalakshmi School of Business | Chembarambakkam | 6.1 L |
| 10. | VELS School of Management Studies and Commerce | Pallavaram | 3.28-4.38 L |
| 11. | SRM Easwari Engineering College | Ramapuram | 70 K |
| 12. | Remo International College | Velachery | - |
| 13. | MEASI Institute of Management | Royapettah | 2.6 L |
| 14. | VCFW - Valliammal College For Women | Anna Nagar | 60K |
List Of Best Government MBA Colleges In Chennai In 2022:-
- DoMS IIT Madras - Department of Management Studies Indian Institute of Technology
- Tamil Nadu Open University, Chennai
- College of Engineering, Guindy
- Centre for Distance Education, Anna University, Chennai
- IMU Chennai - Indian Maritime University
- Madras University - University of Madras
- IIT Madras - Indian Institute of Technology
- Institute of Distance Education, University of Madras, Chennai
- AMET University Kanathur - Academy of Maritime Education and Training
- Natesan Institute of Cooperative Management, Chennai
Best Government MBA Colleges In Chennai With Fees In 2022:-
| S. No. | Name of the College | Location | Total Fees (Rs) |
|---|---|---|---|
| 1. | DoMS IIT Madras – Department of Management Studies | Adyar | 8 L |
| 2. | Anna University | Guindy | 41K |
| 3. | College of Engineering Guindy, Anna University | Guindy | 97.5 K |
| 4. | Department of Management Studies, Anna University | Guindy | 56.55 K |
| 5. | Indian Maritime University | East Coast Road | 4 L |
| 6. | Guru Nanak College | Velachery | 45.5 K |
| 7. | Institute of Hotel Management Catering Technology and Applied Nutrition | Taramani | 25.02 K |
| 8. | University of Madras | Chepauk | 47.59 K |
Best MBA Colleges In Chennai Accepting CAT Scores In 2022:-
CAT or Common Admission Test is among the most popular and competitive MBA entrance exams in India for management education. Annually, more than 2 lakh aspirants appear for CAT to get admission in some of the Best MBA Colleges in India. Different IIMs conduct CAT every year taking turns. Here is the list of the Best MBA Colleges in Chennai accepting CAT scores for admission:-
- Indian Institute of Technology Madras, Chennai (Department of Management Studies)
- Great Lakes Institute of Management, Chennai
- Loyola Institute of Business Administration (LIBA)
- Hindustan Institute of Technology and Science, Chennai
Best MBA Colleges In Chennai Placement Wise In 2022
- MBA Placements in Best MBA Colleges in Chennai in 2022 have been completed in most of the colleges.
- The Best MBA Colleges in Chennai in 2022 hosted some of the best management recruiters from both India and Abroad.
- The average number of recruiters in these institutes varied between 50-100.
- The average placement package in the Best MBA Colleges in Chennai ranged between INR 3-4 lakh.
Frequently Asked Questions:
Q1. Which is the best MBA college in Chennai offering the highest placement in Chennai?
Ans. Loyola Institute of Business Administration (LIBA) Chennai, DOMS IIT Madras, Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology – [Vel Tech], Chennai and Hindustan Institute of Technology and Science Chennai are the top MBA colleges in Chennai with placement more than INR 10 LPA. These colleges are also some of the best MBA colleges in Chennai offering the highest ROI (Return of Investment).
Q2. Which is the No 1 University in Chennai?
Ans. Department of Management Studies, IIT Madras – [DoMS IIT Madras], Chennai is considered the No 1 University in Chennai. Apart from that, there are many other MBA Colleges in Chennai ranked by various popular Ranking agencies like NIRF, India Today, etc. Some of the other popular top-ranked colleges and best MBA colleges in Chennai are Xavier Institute of Management and Entrepreneurship – [XIME], Chennai, SRM Institute of Science and Technology Ramapuram Campus, Chennai, and Bharath University – Bharath Institute of Higher Education and Research – [BIHER], Chennai.
Q3. What will be the fees for MBA in Bangalore?
Ans. The average fees for pursuing MBA courses in Chennai range from INR 50,000 to 30 Lakhs per year depending upon the college. For government MBA annual fees can be between INR 2 – 22 Lakhs while in private colleges it can be between INR 7 – 30 Lakhs. Department of Management Studies, Anna University – [DOMS], Chennai and Vel Tech High Tech DR. Rangarajan DR. Sakunthala Engineering College, Chennai are some of the top MBA colleges in Chennai with fees structure of less than INR 75,000 per year.
Q4. Which PGDM has the highest salary?
Ans. Top MBA colleges in Chennai offer MBA/ PGDM courses with various specializations or streams. The Top ranked MBA colleges in Chennai as well as India offer PGDM or Postgraduate Diploma in Management with popular specializations or streams such as Finance Manager, Operations Manager, Sales Manager and many others. Among them, Finance Managers and Operations Managers are paid the most. The average salary for these streams is generally more than INR 9 lakhs per year which can grow up to INR 40 LPA or even more depending upon various parameters.
Q5. Does PGDM have placements?
Ans. Yes, PGDM or Postgraduate Diploma in Management. There are various top Management colleges in India that offer placement opportunities. Top MBA colleges in Chennai have well-maintained placement cells for PGDM and also train the students to crack interviews and grab the highest possible placement package for PGDM. The average placement package for PGDM can be around INR 12,00,000 LPA. Various top Management colleges in Chennai as well in India also offer placement opportunities Abroad with high packages.
Q6. How good is an MBA in Hindustan Institute of Technology and Science Chennai?
Ans. Hindustan Institute of Technology and Science Chennai is one of the best Management colleges in Chennai. Hindustan Institute of Technology and Science, Chennai is also ranked among the top MBA in colleges in India by various top-ranking agencies. MBA Education in HIMT Chennai is excellent as the Institute offers high-quality education with good placement opportunities and highly qualified and experienced faculty. HIMT Chennai records excellent placement opportunities; the average CTC package offered to the students is around INR 4-13 LPA.
Q7. How can I get a seat at Chennai MBA college?
Ans. Candidates seeking to get seats in Chennai MBA colleges must have to complete their 10+2 with a minimum aggregate of 60 percent scores in any stream from a recognized Board. Also, one must qualify for any Management entrance exam conducted at the National or State Level (Tamil Nadu) such as CAT, XAT, MAT TANCET, etc. with average good scores and take part in the counseling process and may be required to sit for the Group discussion or Personal Interview round.
Q8. Which is the cheapest college for engineering in Chennai?
Ans. Department of Management Studies, Anna University – [DOMS], Chennai and Vel Tech High Tech DR. Rangarajan DR. Sakunthala Engineering College, Chennai are some of the top MBA colleges in Chennai with fees structure of less than INR 75,000 per year.
Q9. Which is the top public MBA College in Chennai?
Ans. Indian Institute of Technology Madras, Chennai (Department of Management Studies) is the best public MBA College in Chennai as per various rankings.
Q10. Which is the top private MBA College in Chennai?
Ans. Great Lakes Institute of Management, Chennai is the best private MBA College in Chennai as per various rankings.
Q11. What is the average annual fee of DOMS IIT Madras?
Ans. The average annual fee of IIT Madras is INR 4,00,000.
Q12. What is the average annual fee of the Loyola Institute of Business Administration (LIBA)?
Ans. The average annual fee of the Loyola Institute of Business Administration (LIBA) is INR 1,52,000.