10 Best MBA Colleges In Chennai | Enroll in Top MBA Colleges in Chennai

An MBA degree in India holds a lot of prestige! It is among the most popular postgraduate courses in the country. And why not! It promises attractive pay packages and is the gateway to an exciting, high-flying career. No wonder there is a mad rush of students wanting to grab a seat in premier MBA colleges. Last year over 2.5 lakh students took CAT, the grueling entrance exam.
Further, with the Indian economy booming and the start-up culture gaining momentum, the need for expertise across an array of management domains is on the upswing. Here are some stats! A recent survey by the Graduate Management Admission Council (GMAC) found 90%of the employers in the Asia Pacific intended to hire MBAs in 2018. 
The demand for management professionals is picking up the pace with every passing year, and the education domain is catering to it. There are more than a thousand institutes across the country that offers full-time residential MBAs. And oh, let’s not forget distance learning, online programs, part-time and executive options.

It is confused about whether to join an overseas MBA program or stick to its Indian counterpart? Well, you are not alone! With so much hype about foreign universities, it’s a common dilemma faced by students today. Let’s look at both options to get insight into how they stack up against each other.
An MBA in India is spread over two years. Most overseas programs are for one year other than those in the US, which follow a two-year curriculum. 
Pursuing a homeland course (even at the IIMs) is way cheaper compared to an international one. Apart from steep tuition fees, there are living costs, travel, and other expenses to contend with, which may require taking out heavy loans. Unless you have deep pockets, the excessive expenditure involved can become a financial burden.

Studying abroad provides more exposure and an opportunity to interact in a multi-diverse environment. This can be a plus for those eyeing the global stage for a future career. However, if you plan to work in the domestic sector, a degree from a reputed MBA college in India is more rewarding.
Admission to Indian MBAs is through tough entrance exams like CAT. In contrast, foreign universities weigh in work experience, soft skills, and a GMAT score for the selection criterion.
Getting good jobs is a breeze with an Indian degree, thanks to excellent campus placements. There is no such guarantee with an overseas program.

MBA programs in India are available in three formats with distinctive characteristics. These include the full-time, part-time, and executive programs.

Admission to the full-time programs is more competitive compared to part-time and executive options. Also, the traditional course is more expensive. In the case of the executive option, the tuition cost is generally picked up by the employer.

MBA hopefuls must ensure that finding a new line of work after MBA is anything but a troublesome undertaking. Openings for work after MBA in India are comprehensive, and the understudies should get the correct activity from the choices accessible. While considering the openings for work after MBA, the understudies must cause a rundown of alternatives to examine the upsides and downsides and get rid of the thistles to weave the way of accomplishment.
Understudies may have endless inquiries at the top of the priority list concerning the openings for work after an MBA in India, for example, work scope, nature of work, jobs and obligations, aptitudes required, and others. A few understudies intend to pick a fascinating occupation instead of getting a vocation that pays more and the other way around. It is consistently imperative to dissect whether a specific activity suits you or not.

There are a few things that you should keep in mind while preparing for your MBA exams. Firstly, make sure you choose the right college. The top 10 MBA colleges in Chennai offer great education and facilities that can help you get ahead in your career. Secondly, focus on your studies and don’t let anything else distract you. Thirdly, make use of all the resources available to you. fourthly, don’t forget to relax and have fun while you’re preparing for your exams.

Choosing the best college can be a difficult task with so many options available. But don’t worry, we’re here to help! We’ve compiled a list of the top 10 MBA colleges in Chennai, based on factors like quality of education, faculty, infrastructure, and placement opportunities. So take a look and see which one is the best fit for you!

Chennai is a hub for many top MBA colleges. The fees for these colleges are very reasonable when compared to other cities in India. Additionally, the expenses for living and studying in Chennai are also quite low. This makes it an ideal city for students who want to pursue an MBA. There are many top MBA colleges in Chennai that offer a variety of programs and specializations. So, if you are looking for a top MBA college in Chennai, you should definitely consider enrolling in one of these colleges.

There are many factors that are considered while evaluating the best MBA institutes in Chennai. These include the infrastructure, faculty, student intake, placement record, and fee structure of the institute. Additionally, the location of the institute and its accreditation also play an important role in determining its ranking. A factor that is often overlooked is the level of competition present at the institute.

• When looking for the best MBA colleges in Chennai, be sure to research the school’s curriculum and make sure it is a good fit for your needs.
• Make sure the college is accredited by the correct regional body.
• Ask about the College’s job placement rate to get an idea of how successful graduates have been in securing jobs after graduation.
• Find out what kind of career services the college offers, such as resume help and interview preparation.

LIBA offers a full-time PGDM (2 years) course spread over six trimesters. Admission is on the basis of XAT/CAT scores followed by Group Discussion/Personal Interview (GD/PI). The academic rigor is the perfect blend of lectures, workshops, summer internships, case studies, projects, seminars, conferences, and serious debates. The course focuses on strengthening foundational business concepts before proceeding towards advanced learning tailored to specific areas of interest.

LIBA boasts an envious placement record. It ensures career development for its students, through recruitment drives, job fairs, and a widespread alumni network. The highest package for the outgoing batch was Rs.17 lakhs and the average Rs.10 lakhs per annum. Prominent recruiters include Citi Bank, Yes Bank, Wipro, JP Morgan Services, ICICI Securities, Asian Paints, Nestle, Walmart India, Mahindra & Mahindra Ltd. Tata Motors, Bharti Airtel, etc.

LIBA has tie-ups with corporate biggies like Bharti Foundations, Palaniswamy Trust, Hyundai Motors India Limited, etc. to offer scholarships to brilliant minds. It also has collaborations and exchange programs with foreign universities such as Binary University Malaysia, University of Dayton USA, and Santa Clara University, USA to name a few.

GL offers a one-year full-time Post-Graduate Program in Management (PGPM) along with a two-year full-time Post Graduate Diploma in Management (PGDM) program. The former is designed for professionals/entrepreneurs and requires 2+ years of work experience.
The latter, an AICTE approved program helps groom students with managerial skills and leadership qualities. Admission for PGPM and PGDM courses rests on the GMAT and on CAT/ XAT/CMAT scores respectively. Students can opt for specializations in Marketing, Operations & IT, Finance, Analytics, and AI & Machine Learning.

Despite being a newbie in the domain, GL achieves good placements by connecting students with niche companies. The 2018 batch recorded an excellent season. The average CTC was 12.17 lakhs and the highest domestic CTC 18.3 lakhs per annum.
Diverse companies like Accenture, Amazon, Deloitte, Aditya Birla Group, Infosys, Barclays, L& T, Capgemini, Flipkart, Ola Cabs, HCL, HSBC, Mindtree, Swiggy, HCL, Tata Consultancy Services, Tech Mahindra, Wipro, etc. participated in the recruitment drive.

The institute is globally accredited by AMBA, UK, and SAQS. The 27 acres, LEED Platinum-rated green campus is counted among the best in the world. GL has an extensive (7800+) alumni network spread across 30 countries.

The MBA at DoMS (46 seats) is a full-time, two-year course, split into a total of 4 semesters. A valid CAT score, previous academic performance, and work experience are considered for shortlisting candidates. The curriculum, a wonderful balance of theory, practical activities, case studies, internship, workshops, and projects provides an enriching learning experience for all-around development.

In terms of the placement scenario, DoMS is decent. Students manage to nail lucrative jobs with good salaries. The highest package for the 2018 batch was 17.40 lakh and the average 16.63 lakh per annum. A total of 27 companies including the likes of Google, Wipro, Amazon, RBS, Tech Mahindra, Dell, Cisco, Virtusa, Cognizant, etc. chipped in the enlistment process.

The IIT tag certainly adds appeal to the institute. The cost of the program is nominal making the ROI rather good. Batch sizes at DoMS are small which facilitates better interaction between students and faculty. The institute has an exchange program with leading foreign universities.

IFMR offers a full-time (2-year) MBA program based on the trimester pattern. The admission criterion to the course is a valid score in entrance exams like CAT/ XAT/ CMAT / GMAT & GRE. The extensive curriculum (22 core and around 55 elective modules spanning 8 disciplines) helps provide practical exposure as well as theoretical knowledge for holistic development. 

Students have a choice of specializing in streams like Finance, Marketing, IT & Operations, HR, and Financial Engineering, with additional specializations in Banking Financial Services and Insurance (BFSI) and Data Sciences (i.e. Business Analytics). The 2-month summer internship at the end of the first year is mandatory.

Thanks to a well-structured placement cell, the campus recruitments at IFMR are impressive. Most of the students obtain good jobs matching their profiles. The average package offered to the 2018 batch was around Rs.9 lakh and the highest Rs.18 lakh per annum. Companies that visited the campus were Credit Suisse, HSBC, Capgemini, Deloitte, Wipro, HDFC, JP Morgan, KPMG, Accenture, and Cognizant among several others.

The institute has partnered with MIT and Harvard for research undertakings. The faculty members are Ph.D. holders from IITs, IIMs and reputable universities like Minnesota, Texas, Ohio, Georgia and A&M.  IFMR also offers scholarships of Rs.1 lakh to the top 10% of students based on merit.

The full-time MBA at SSN is a two-year, fully residential program divided into four semesters. Admission for (120 seats) is through the CAT/XAT/CMAT/ATMA/MAT /TANCET score. The course involves general lectures plus case studies, active discussions, projects, workshops, and presentations.
The first year is about gaining in-depth knowledge of basic business concepts while the second focuses on dual specializations (Marketing, HR, Finance, and Operations) and a variety of electives. Exams are held after each semester. A 2- month internship is compulsory to gain hands-on experience.

SSN goes the distance to help students clinch good placements. Apart from providing them opportunities for interactions with prospective employers, the institute offers training on polishing soft skills and interview etiquette. The 2018 placement season was pretty decent.  The average package was around 4lakh and the maximum 6.5 lakh per annum. Companies like HCL, HDFC, Axis Bank, TCS, IndusInd Bank, Godrej, and Deloitte among others participated.

SSN offers a two-part internship. The first stint (4 weeks) is between the 1^st and 2^nd year while the next leg (16 weeks) is in the final semester. Other highlights of the curriculum include industry analysis, book reviews, industrial visits, and guest lectures by eminent personalities.  Meritorious students with financial constraints get a good scholarship.

ITM extends a two-year full-time AICTE approved PGDM program spread over 4 semesters. Selection for the course is based on the score attained in CAT/XAT/MAT/CMAT/ATMA/GMAT & State CET. The curriculum, designed to fit market trends combines theory and practical activities along with workshops, projects, and internships.
Emphasis is laid on strengthening basic aspects of management in the first year followed by specializations (Finance, Marketing, Supply Chain & Operations Management, and Human Resources Management )in the second.

The placement system at ITM is extremely well organised enabling the institute to enjoy an exceptional record. The highest salary for the 2015-17 placements stood at Rs.6.5 lakh, average at Rs.5.2 lakh and lowest at Rs.2.5 lakh per annum. Key recruiters included TCS, Tata Capital, CUB, HDFC Bank, BNB Paribas, CAMS, Jet Airways, Kotak Mahindra, Shoppers Stop, HCL, Phillips, Aditya Birla Group. etc.

Thanks to its unique location in SIPCOT IT Park, students enjoy good industrial exposure and placements. The institute has collaborations with international universities for exchange programs. Students are encouraged to participate in NGO activities to imbibe moral values.

VIT Business School offers a fully residential MBA program. The duration of the course is two years. The selection of candidates is based on the CAT/ XAT/ MAT/ NMAT/ GMAT/ CMAT score and performance in written assessment test (WAT) plus PI.
The curriculum is intensive and packed with class lectures, presentations, assignments, research, projects, group work, seminars, and more to provide in-depth knowledge of all the verticals. Further, there are industry interactions through internships, workshops, and guest lectures. The establishment offers dual specializations in Business Analytics, Finance, Marketing, Human Resources, Operations, and Systems.

Regarding placements, VITBS has a decent performance, around 90%.  A good placement system helps students secure lucrative pay packages, some even in double digits. The highest package offered this year was about 24 lakh and the lowest 2.2 lakh. The main recruiters were Blue Star, CAMS CTS, Vodafone, South Indian Bank, Practo, SBI, DataLogics, Khazana Jewellery, Godrej, HCL, ICICI Securities, etc.

VITBS is a member of the Association of Advanced Collegiate Schools of Business (AACSB) International. It has liaisons with Bombay Stock Exchange, TCS, Cognizant, SAP, Microsoft, IBM, and several other firms to source jobs and Internships.

The two-year MBA program at SRM follows the semester (4) pattern with internships at the end of each year. Admission is on the basis of GMAT/CAT/MAT/XAT/TANCET/CMAT/SRMJEEE score. The course structure incorporates classroom instruction, practical work, projects, seminars, and more to understand the complex needs of the industry. Students can specialize in Marketing, Finance, HRM, Operations, & Data Analytics.

Campus placements at SRM are pretty good with most students landing satisfying job profiles. The average salary is around 6-7 lakhs per annum. The institute organizes job fairs and various other activities to connect job seekers with potential employers. Respectable companies like ITC, Google, Ernst & Young, HDB, ICICI, Hyundai Motors, CISCO, Microsoft, Mahindra & Mahindra, Amazon, Siemens, etc. partake in the recruitment crusade.

Under the Semester Abroad Program (SAP), students can avail themselves of the opportunity to study overseas for one semester.  Yoga, meditation, corporate clubs, personality development, behavioral modifications, Q& A sessions with CEOs, stress management, are some distinctive features of the programs. SRM has links with CII, Enactus, RAI, and MMA to develop industry contacts.

The full-time (2-year) MBA program at NIMS is split into four semesters of 6 months each. Students are granted admission on the basis of the TANCET score. The pedagogy is specially designed to create a stimulating earning environment. It is a fantastic mix of theoretical concepts (case studies, lectures, seminars, & assignments) along with practical nuances like internships, industrial visits, and workshops. Students can choose to specialize in Marketing, Finance, Systems, & Human Resources.

The campus placement at NIMS is reasonably decent. The college makes every effort to help students secure good jobs with established companies. It has a placement cell that offers career guidance and training related to industry requirements. It also organizes regular events and job fairs for students to connect with the corporate sector. Top recruiters are HCL, Wipro, Hyundai, Royal Bank of Scotland, Kotak Securities, Standard Chartered Bank, HDFC, BNP Paribas, Flextronics, IDBI Federal Life Insurance Co Ltd., etc.

Apart from academics, the college tries to instill traits to enhance the overall personality of students. The course also furnishes students with competencies to navigate the international business sphere with deftness.

Velammal College of Management offers a full-time MBA program that can be completed in 2 years. The selection process for 60 seats is based on the MAT/CAT test scores. The core curriculum is devised to cover the entire spectrum of management study through academics, the latest tools, and techniques.  Students also gain exposure to real-life scenarios via internships, workshops, practical assignments, guest lectures, and networking events.

The Department has established an excellent reputation for strong on-campus recruitment. Thanks to links with blue-chip companies and a systemized mechanism, nearly 90% of students obtain lucrative jobs in various profiles.  Chief recruiters include Amazon, Infosys, Wipro, TCS, Mind Tree, L&T, Cognizant, Value Labs, and Sify Technologies to name a few.

Velammal College of Management and Computer Studies in Chennai is ISO 2000 certified. The department has been endorsed by NBA (National Board of Accreditation).

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Thanks to a range of career options and huge pay packages, finance is one of the most sought-after specializations by MBA graduates. The module provides in-depth knowledge on aspects such as budgeting, working capital management, investment analysis, tax planning, international finance, mergers & acquisition, and several others.

This is another specialization that attracts a large number of students. Marketing plays a pivotal role in promoting and delivering services and products that match the needs of consumers. Students learn about conducting market research, creating promotional campaigns, and developing smart strategies to ensure the growth and profitability of a company.

The HR Department is the backbone of an organization. It is responsible for recruiting, training new employees, enhancing the work environment, handling employee relations, managing workforce regulations, providing compensations, optimizing performance, and more. The specialization helps students imbibe skills for decision-making, communication, teamwork, and leadership.

This major empowers students with core skills and knowledge to manage a business on a global scale. They learn about International Accounting, International Financial Management, Foreign Exchange Markets, Logistics & Supply Chain Management, Documentation, Financial Instruments and, Trade Practices, etc. for transactions, deliveries, and negotiations with international clients.

With most enterprises relying heavily on technology for their operations, the demand for professionals with high-tech knowledge and management abilities is on the rise. This major teaches students about evolving technologies, systems development tools and techniques, databases, network configurations, systems integration, and more.

The Banking and Finance space incorporates portfolio executives and security and speculation investigation. MBA graduates can secure positions in banks, insurance agencies, security firms, and different monetary associations. A portion of the top organizations that extend employment opportunities in this area is Barclays, RBS, Nomura, JP Morgan, Goldman Sachs, and so on.
To the extent the banks concerned, positions are accessible in both open and private segment banks. For landing positions in open segment banks, understudies need to clear the enrollment tests directed by the particular banks. For occupations in private banks, understudies need to partake in the choice cycle directed by banks that include Group Discussion, Personal Interview, Written Ability Test, and so on.

Jobs in the venture banking region have appeal in the market. A portion of the top organizations that recruit reasonable possibility for this job are Bank of American Continuum, Motilal Oswal, SBI Capital Markets, and so on., The obligation of the workers in this field is to interface speculators to finance requiring associations.

If you are acceptable at critical thinking, occupations in the executives counseling are generally appropriate for you. The duty of experts in executive counseling is to illuminate hierarchical issues. He/she is additionally liable for grasping new thoughts and new critical thinking techniques.
A portion of the mainstream organizations that employ MBA graduates as the executives experts are Cartesian Consulting, PeopleStrong, Deloitte, Michael Page, Infosys Management Consulting, PwC, KPMG, BCC (Bain), and Cognizant Business Consulting.

Nowadays, the enterprise has ended up being the most loved alternative among MBA graduates. The MBA upgrades the ability of the understudies to turn into business visionary. Experience doesn’t make a difference in the event that you need to turn into a business person. Understudies need imaginative and inventive aptitudes to exceed expectations in this profession.

Due to the advanced upset, enormous information has gotten noteworthy for a wide range of businesses, for example, web-based business, retail, banking, and executives. Numerous mainstream B-Schools have begun offering information examination courses in MBA. Mainstream organizations, for example, LatentView Analysis, Fractal Analytics, and so on., enlist MBA graduates as information investigators or information researchers.

Similar to speculation banking, the venture sharpness of an individual comes enthusiastically in a vocation profile related to private value. Openings for work in this space are wide and a portion of the mainstream organizations that enlist MBA graduates for work jobs in private value are Fullerton, Fidelity Investments, Axis Securities, JP Morgan Chase, Kotak Wealth Management, Bajaj Finserv, ICIC Prudential Asset Management, Indiabulls Housing Finance and so forth.

Finance
Sales & Marketing
Human Resources

Operations
IT & Systems
Transport & Logistics
Healthcare & Hospitals
Supply Chain & More

These are the top tests for confirmation in MBA in Chennai.

Feline Common Admission Test (CAT) is an online test led for confirmation in the executive’s courses.
XAT-Xavier Aptitude Test (XAT) is a PC-based public level selection test led for confirmation in the board courses. At present, the XAT score is being utilized by in excess of 150 foundations for the affirmation. (Peruse More XAT Exam)
Tangle Administered in 1988, Management Aptitude Test (MAT) is a standard test to screen contenders for admission to MBA and associated programs.
GMAT-The Graduate Management Admission Test is a PC versatile test directed for affirmation in MBA courses. The test surveys certain expository, composing, quantitative, verbal, and perusing aptitudes in composed English.

Feline or Common Admission Test is the most famous and most serious test in India for board training. Consistently, in excess of 2 lakh understudies show up for CAT to get affirmation in a portion of the top MBA schools in India. Diverse IIMs direct CAT each year alternating.

Following are the top MBA universities in Chennai tolerating CAT test for affirmation:

Indian Institute of Technology Madras, Chennai (Department of Management Studies)
Incredible Lakes Institute of Management, Chennai
Loyola Institute of Business Administration (LIBA)
Hindustan Institute of Technology and Science, Chennai

MBA Placements for the 2020 bunch have been finished in numerous schools. The top MBA schools in Chennai facilitated a portion of the top administration enrollment specialists from the two India and Abroad.
The normal number of scouts in these top establishments shifted between 50-100.
The normal arrangement bundle in a large portion of these foundations extended between INR 3-4 lakh.
The accompanying diagram shows the CTCs offered by a portion of the top MBA universities in Chennai

Different top associations discharge a ranking of top MBA schools in Chennai. A portion of the associations/organizations are NIRF, The Week, Business Today, India Today, and so forth. These positions depend on various boundaries which are diverse for the distinctive ranking offices. Referenced underneath are not many of these positions.

Public Institutional Ranking Framework is a procedure embraced by the legislature of India to rank top foundations of India based on different boundaries. It is under the HRD Ministry.

NIRF has ranked 4 MBA colleges from Chennai in the rankings.
NIRF 2020 rankings have placed IIT Madras, Chennai as the top MBA College in Chennai. To be specific, the Department of Management Studies (DOMS) of IIT Madras has been ranked as the top MBA College in Chennai.
IIT Madras has been ranked 14th in the list, an improvement of 1 position from the last year.
IIT Madras is followed by the Great Lakes Institute of Management which has been placed 23rd in the rankings. Last year, the college was ranked 18th.
Other included institutes are Loyola Institute of Business Administration at 50th rank and Anna University at 59th rank.

NIRF bases its rankings on 5 different parameters. The following chart shows the comparison of the weightage allotted to these parameters.

The term “Return on Investment” here means how much return a college provides you for the money spent on education. Here, the major parameter is the placement package. Consider the given table to understand the return of investment of top MBA colleges in Chennai.

*ROI= (Average Annual Package/Average Annual Fee)* 100%

Thus, as per the calculation, Loyola Institute of Business Administration (LIBA) is the top MBA College in Chennai in terms of ROI.
LIBA is followed by DOMS IIT Madras and Great Lakes Institute of Management.

Chennai is one of the top options for students who want to pursue an MBA from a metropolitan city. Despite having top rankings, the MBA institutes in Chennai have low fees as compared to other cities. Approximately 46% of MBA institutes in Chennai are affordable with a fee structure of less than Rs 1 lakh. Some of these colleges are listed below:

University of Madras (UNOM), Chepauk
SRM Easwari Engineering College, Ramapuram
College of Engineering Guindy, Anna University, Guindy
Department of Management Studies, Anna University, Guindy
Guru Nanak College, Velachery

Around 20% MBA colleges in Chennai have a fee structure within the bracket of Rs 3-5 lakh. These colleges are as follows:

VELS School of Management Studies and Commerce, Pallavaram
Sri Ramchandra Institute of Higher Education and Research, Porur
IIKM Business School, Kilpauk
WLCI College, Anna Salai
Indian Maritime University (IMUC), East Coast Road

Approximately 18% of MBA colleges in Chennai have a fee structure of more than Rs 5 lakh and hence are considered expensive. These colleges are:

DoMS IIT Madras – Department of Management Studies, Adyar
SSN School of Management, Old Mahabalipuram Road
Loyola Institute of Business Administration (LIBA), Nungambakkam
Vellore Institute of Technology, VIT University, Vandalur
Great Lakes Institute of Management, Kanchipuram

Some of the top MBA colleges in Chennai include Chennai Business School, Madras School of Economics, and Great Lakes Institute of Management.

The MBA programs offered in Chennai include full-time, part-time, and executive MBA programs.

The admission procedure for MBA colleges in Chennai generally includes an entrance exam, followed by an interview process.

The eligibility criteria for MBA colleges in Chennai generally include a bachelor’s degree with a minimum percentage of marks.