Top MBA Colleges in Tamil Nadu 2022
Saurav Anand
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August 17, 2022
Management courses are among the most important, helpful, and generally chosen courses among students. Management courses are frequently required for a variety of job profiles and professions, making them a popular field of study. Management courses teach students both theoretical and practical abilities that will be valuable after they are hired. Management courses teach students leadership, time management, and responsibility skills in addition to the actual abilities required for the course. Management courses are very significant since they help to build leadership skills. This is due to the fact that management graduates have a wide range of work options as managers for various tasks in a project.
Aside from the theoretical and skill development that occurs during this course, it should be mentioned that management occupations are well-paying. This is, of course, provided the student has a management degree from a reputable institution or board, as there is a lot of competition in the industry.
Tamil Nadu, like most states in India, attracts a large number of management aspirants each year who come to study at the best management institutes in Tamil Nadu. Continue reading to learn about the many aspects of Tamil Nadu's top management institutions, such as course prices, placement prospects, pay packages, rankings, and so on. Let us first understand why one should complete their management education in Tamil Nadu:
- Since its inception, Tamil Nadu has put a high value on education. Because of the emphasis on education, the state's educational institutions are likewise of the finest caliber. The knowledge offered in these schools is of great quality, making it an excellent place to learn.
- Because of the large number of students who choose colleges in Tamil Nadu, the facilities provided by the institutions are cutting-edge and industry-relevant. Placement chances abound in the state, which is home to a number of prominent cities known for a variety of reasons.
- The city is also reasonably priced for people of all economic levels. Lower- and middle-class students will discover a plethora of universities here that meet their course requirements without charging expensive tuition.
Top MBA Colleges in Tamil Nadu
Every year, several rating agencies publish a list of the best MBA institutions in Tamil Nadu based on various criteria. These rankings are based on factors such as university perception, teacher-student ratio, placement reports, faculty quality, and many more. Many rating agencies provide distinct rankings for private and public business schools.
Ranking organizations such as NIRF, Business Today, and Times B School publish rankings in a variety of areas, including state and city rankings. These include lists such as Top Engineering Colleges in Karnataka, Top MBA Colleges in India, and so on. Some of the Tamil Nadu college rating lists are shown below.
NIRF Ranking of the Top MBA Colleges in Tamil Nadu
The acronym NIRF stands for National Institutional Ranking Framework. It is maintained by the Ministry of HRD, Government of India, and is the national rating agency for colleges and institutions in India. According to the NIRF study, the best MBA colleges in Tamil Nadu in 2020 are listed below:
| College Name | NIRF Ranking 2020 | NIRF Ranking 2019 | Change | Average Annual Fees |
|---|---|---|---|---|
| IIT Madras | 14 | 15 | +1 | INR 4,00,000 |
| IIM Trichy | 15 | 14 | -1 | INR 11,90,000 |
| Great Lakes Institute of Management, Chennai | 23 | 18 | -5 | INR 11,00,000 |
| NIT Trichy | 35 | 17 | -18 | INR 1,42,000 |
| PSG College of Technology, Coimbatore | 46 | 37 | -9 | INR 74,000 |
| Loyola Institute of Business Administration [LIBA], Chennai | 50 | 36 | -14 | INR 1,52,000 |
| Vellore Institute of Technology, Vellore | 55 | 46 | -9 | INR 3,52,000 |
| Anna University, Chennai | 59 | 43 | -16 | INR 41,000 |
According to NIRF, IIT Madras is the best MBA institution in Tamil Nadu's southern state. The institute has taken up the top spot from IIM Trichy.
- According to the NIRF study, IIM Trichy is ranked 15th among all top management institutes in India.
- NIT Trichy and Great Lakes Chennai are two more prestigious institutes on this list. NIT Trichy is ranked fourth in Tamil Nadu and 35th in India, whereas Great Lakes Chennai is ranked third in the state and 23rd in India.
- Other top private MBA institutions in Tamil Nadu on the list are LIBA Chennai and VIT Vellore.
Business Today Ranking of the Top MBA Colleges in Tamil Nadu
Business Today is a weekly business magazine produced in India. Since 1992, Business Today has published rankings of the best B-Schools in India based on various factors such as Placements, Type of Colleges, ROI (Return on Investment), and so on. According to Business Today, the following are the best MBA colleges in Tamil Nadu.
| College Name | Business Today Ranking 2019 | Business Today Ranking 2018 | Change | Average Annual Fees |
|---|---|---|---|---|
| IIM Trichy | 16 | 16 | - | INR 11,90,000 |
| Great Lakes Chennai | 18 | 15 | -3 | INR 11,00,000 |
| IIT Madras | 32 | 38 | +6 | INR 4,00,000 |
| BIM Trichy | 35 | 35 | - | INR 7,08,000 |
| LIBA Chennai | 44 | 49 | +5 | INR 1,52,000 |
| NIT Trichy | 47 | 47 | - | INR 1,42,000 |
| VIT Vellore | 90 | 115 | +25 | INR 3,52,000 |
| SRM Chennai | 100 | 102 | +2 | INR 3,10,000 |
| Hindustan Institute of Technology and Science, Chennai | 102 | 95 | -7 | INR 2,53,000 |
In 2019, Business Today selected IIM Trichy as the finest MBA college in Tamil Nadu. The institute was placed 16th in India overall.
- IIM Trichy has retained its ranking this year after being placed 16th by Business Today in 2018.
- Great Lakes Chennai and IIT Madras are the two top institutes on this 2018 list.
- This year, several institutes have improved their rankings. VIT Vellore has risen 25 places from 115 to 90 in 2019.
- Great Lakes Chennai has dropped three places this year. The institute is presently ranked number 18 in India. Nonetheless, it is rated second among all top MBA institutions in Tamil Nadu.
Top Private MBA Colleges in Tamil Nadu: Return on Investment (ROI)
ROI is quite important, especially when it comes to MBA education. The ROI rank indicates how advantageous it is to pursue a specific course from a specific college. It is a comparison of the return on investment (placement) (fees). According to ROI, the following are the top MBA colleges in Tamil Nadu.
| College Name | Average Annual Fees | Average Placement Package | ROI Rank |
|---|---|---|---|
| Kongu Engineering College, Erode | INR 35,000 | INR 3,20,000 | 1 |
| LIBA Chennai | INR 1,52,000 | INR 9,00,000 | 2 |
| Mepco Schlenk Engineering College, Sivakasi | INR 90,000 | INR 4,25,000 | 3 |
| BIM Trichy | INR 7,08,000 | INR 10,00,000 | 4 |
| Hindustan Institute of Technology and Science, Chennai | INR 2,53,000 | INR 3,50,000 | 5 |
| SRM Chennai | INR 3,10,000 | INR 4,00,000 | 6 |
| VIT Vellore | INR 3,52,000 | INR 4,30,000 | 7 |
| Great Lakes Chennai | INR 11,00,000 | INR 13,10,000 | 8 |
Top MBA Colleges in Tamil Nadu (Based on Placements)
College placement chances are extremely vital in order to obtain careers in the management profession and earn well. These internships are sometimes a student's first opportunity to be recruited and create a career. The following are the finest management institutes in Tamil Nadu based on placements: -
| Name of the college | Placement Ratings (based on student and expert reviews) | Top Recruiters |
|---|---|---|
| University of Madras, Chennai | 4.6 | Valeo Aspire System Transunion Exide Industries NIIT Technologies Elmex Controls CCS Infotech |
| Firebird Institute of Research in Management, Coimbatore | 4.5 | HDFC HFFC Redington GSK Tommy Hilfiger CIEL ITC |
| KV Institute of Management and Information Studies, Coimbatore | 4.4 | Accenture Airtel Axis Bank Cognizant Deloitte HCL Reliance |
| Sankara Institute of Management Sciences (SIMS), Coimbatore | 4.4 | HCL HDFC RBS Airtel Citibank Samsung ICICI |
| Vivekanandha Educational Institutions for Women, Namakkal | 4.3 | Amazon CapGemini HCL HP IBM Infosys Wipro |
Top MBA Colleges in Tamil Nadu (Based on Course Fee)
The course rates for different institutions vary depending on the infrastructure and amenities provided, as well as the college's reputation. However, Tamil Nadu boasts a large range of reputable institutions with reasonable course fees, making it accessible to students from poor and middle-income families. There are 857 management institutions in Tamil Nadu alone, the majority of which have course fees ranging from 1 lakh to 5 lakhs. Of these 857 colleges, 756 are private institutions, while 101 are public or government institutions.
Some of the Best Private MBA Colleges in Tamil Nadu include
| Name of the college | Course fee to be paid |
|---|---|
| Hindustan Institute of Technology and Science, Chennai | Rs. 4,58,500 |
| Indian Institute of Logistics, Chennai | Rs. 4,30,350 |
| The American College, Madurai | Rs. 2,16,560 |
| Karunya School of Management, Coimbatore | Rs. 4,78,000 |
| Indian Institute of Knowledge Management, Chennai | Rs.3,60,000 |
A few of the Best Government MBA Colleges in Tamil Nadu include
| Name of the college | Course fee to be paid |
|---|---|
| National Institute of Technology, Tiruchipalli | Rs. 1,44,250 |
| Sardar Vallabhai Patel International School of Textile Management, Coimbatore | Rs. 1,94,700 |
| DR M.G.R Educational and Research Institute, Chennai | Rs. 1,80,000 |
Top MBA Colleges in Tamil Nadu (Based on Annual Package/Salary Average)
Management graduates with degrees from reputable universities are given excellent placement prospects and pay. The following are some of the average packages provided by the best management institutes in Tamil Nadu: -
| Name of the course | Highest Salary Expected/ Median Package |
|---|---|
| Indian Institute of Management, Tiruchirappalli | Rs. 13 LPA (Median Package) |
| Anna University, Chennai | Rs. 4.12 LPA (Median Package) |
| VELS School of Management Studies and Commerce, Chennai | Rs. 6 LPA (Median Package) |
| Indian Institute of Technology, Madras | Rs. 12 LPA (Median Package) |
| PSG College of Technology, Coimbatore | Rs. 5.8 LPA (Median Package) |
Top MBA Colleges in Tamil Nadu Based on Accepted Entrance Exams
TANCET and MAT are the two primary entrance tests recognized in Tamil Nadu. This is in addition to the other commonly acknowledged admission examinations, such as the CAT, XAT, CMAT, GMAT, and so on. The following are the best colleges in the state that accept TANCET and MAT scores.
The following are the top MBA colleges in Tamil Nadu that accept TANCET marks for admission:
- PSG College of Technology, Coimbatore
- SRM Institute of Science and Technology, Chennai
- Kumaraguru College of Technology, Coimbatore
- Sardar Vallabhai Patel International School of Textile Management, Coimbatore
- St Joseph’s College of Engineering, Chennai
- MOP Vaishnav College for Women, Chennai
- KCT Business School, Coimbatore
The following are the Top MBA institutions in Tamil Nadu that accept MAT scores for admission:
- Vellore Institute of Technology, Vellore
- PSG Institute of Management, Coimbatore
- Great Lakes Institute of Management, Chennai
- SRM Institute of Science and Technology, Chennai
- Amrita School of Business, Coimbatore
- Sardar Vallabhai Patel International School of Textile Management, Coimbatore
- Thiagarajar School of Management, Thirupparankundram
The Top Five MBA Colleges in Tamil Nadu According to the Most Popular Specialization Streams
As management is such a wide field, there are several specialties available. General Management, Financial Services, and Human Resource Management are among the most popular specialties in Tamil Nadu.
The Top five Colleges in Tamil Nadu for the General Management specialty are as follows:
- Vellore Institute of Technology, Vellore
- Indian Institute of Technology, Madras
- PSG Institute of Management, Coimbatore
- Hindustan Institute of Technology and Science, Coimbatore
- Great Lakes Institute of Management, Chennai
The Top 5 MBA Colleges in Tamil Nadu for the Financial Services concentration are as follows:
- Loyola Institute of Business Administration, Chennai
- SRM Institute of Science and Technology, Chennai
- Annamalai University, Chidambaram
- Shri Ramakrishna College of Arts and Sciences, Coimbatore
- Nehru Arts and Science College, Coimbatore
The Top five MBA Colleges in Tamil Nadu for the Human Resource Management specialty are as follows:
- Indian Institute of Management, Tiruchirappalli
- Loyola Institute of Business Administration, Chennai
- MOP Vaishnav College for Women, Chennai
- Anna University, Chennai
- PSG College of Arts and Sciences, Chennai
How should the Best MBA colleges in Tamil Nadu be chosen?
With 857 management colleges in Tamil Nadu, selecting the finest management institution becomes quite difficult. With several world-renowned universities in this state, all candidates should keep the following criteria in mind before applying to any management college in Tamil Nadu: -
- To begin, students must determine the field of management they want to study, such as MBA, M. Com, PGDM, and so on. They must next determine which specialty they want to pursue, such as general management, financial services, human resource management, and so on.
- After making the options, students can browse for universities that meet their requirements. They should compare the characteristics such as course prices, placement chances, infrastructure and amenities supplied, and so on among the institutions that have been shortlisted.
- Before applying, they must also take notice of the institution's location as well as student, alumni, and instructor feedback.
- Rankings issued by organizations such as NIRF or Careers360 may also be highly useful to students in shortlisting universities and making speedier decisions.
Students may use these characteristics to determine which institutions in Tamil Nadu are most suited to their needs and apply for them.
Frequently Asked Questions
Q1. In which field MBA is best?
Ans. 7 MBA Specializations to Enhance Your Professional Career:
- MBA in Accounting. An MBA in Accounting prepares graduates to measure, analyze, interpret, and communicate economic data
- MBA in Analytics Intelligence
- MBA in Healthcare Management
- MBA in Human Resources Management
- MBA in Finance
- MBA in Management
- MBA in Marketing
Q2. What are the MBA courses available in Tamil Nadu?
Ans. Courses Offered:
- M.B.A. (Aviation Management)
- M.B.A. (Logistics & Shipping Management)
- M.B.A. (Retail Management)
- M.B.A. (Hospitality)
- M.B.A. (Industry Integrated)
- M.B.A. (Tourism & Hotel Management)
- M.B.A. (Hospital Management)
Q3. How do I choose an MBA?
Ans. When choosing an MBA specialization, you must take into consideration the following:
- Career scope of the specialisation/ placements/ internship opportunities
- Long-term career goal
- The reputation of the institute faculty in the specialization of your choice
- Pedagogy of the specialization of your choice
Q4.Which college is best for MBA in Tamil Nady?
Ans. The best MBA colleges in Tamil Nadu are:
- IIM Tiruchirappalli
- IIT Madras, Chennai
- NIT Tiruchirappalli
Q5. Are there any good women-only colleges in Tamil Nadu?
Ans. Yes, there are several women-only colleges in Tamil Nadu. Close to 115 management colleges in Tamil Nadu are for women only, such as MOP Vaishnav College for Women and PSGR Krishnammal College for Women, among several others.
Q6. What are some specializations in management, other than the ones mentioned above?
Ans. Some other specializations offered under management include Computer Applications, IT and Systems Management, International Business, etc.
Q7. Is IIT Madras affordable?
Ans. No, the Indian Institute of Technology, Madras is not the most affordable college for people of all economic backgrounds. The course fee for the college is 13 lakhs. However, it is possible for the student to receive scholarship benefits and take out student loans if they are keen on studying at IIT Madras.
Q8. Are there only full-time colleges in Tamil Nadu?
Ans. No, there are a variety of colleges in Tamil Nadu which offer full-time learning, part-time learning, and distance learning as well. The students can find the requisite college as per their needs.
Q9. What is TANCET?
Ans. The Tamil Nadu Common Entrance Test is the most opted-for entrance examination to apply for colleges based in Tamil Nadu. TANCET is the most widely accepted entrance examination for management colleges in Tamil Nadu.
Q10. Are the public colleges in Tamil Nadu good for further studies?
Ans. Yes, there are several good public colleges in Tamil Nadu. With around 101 public colleges in the state, there are plenty of colleges that students can find which will fulfill their needs.
Q11. What management examinations other than TANCET are widely accepted?
Ans. Most of the common management entrance examinations are widely accepted in the state. Other than TANCET, management examinations like MAT, CAT, XAT, CMAT, GMAT, etc., are also accepted in Tamil Nadu.
Q12. Are the starting salaries for management colleges in Tamil Nadu good?
Ans. Yes, the management colleges in Tamil Nadu usually offer good starting salaries. Especially, the students that graduate from reputed colleges, such as IIT, IIM, VIT, PSG, etc., receive good placements and salaries at the beginning itself.
Q13. What are some common companies that offer placements?
Ans. Many reputed companies offer placements in the management colleges of Tamil Nadu, such as Deloitte, HCL, HP, ICICI, Amazon, Asian Paints, Airtel, etc. Several other good companies also offer placements to students of management in Tamil Nadu.
Q14. Are private colleges in Tamil Nadu better than public ones?
Ans. There is no demarcation like that. Public and private colleges are equally good in Tamil Nadu, based on placements and infrastructure. It all depends on the individual reputation of the college, not on their division as public or private.
Q15. What are the fees for MBA in Tamil Nadu?
Ans. Top MBA Colleges in Tamil Nadu Highlights:
| Parameters | Particulars/ Statistics |
|---|---|
| Fees | Annual Fee < Rs. 1 lakh- 61.5% Annual Fee Rs. 1-2 lakh- 10.9% |
| Top specializations | Human Resources, Finance, Sales & Marketing, Operations, IT & Systems, etc. |
| Admission Process | Entrance based |
| Number of IIMs and IITs | DoMS IIT Madras and IIM Trichy |