Among post-graduate programs, the Master of Business Administration (MBA) is one of the most sought-after degrees. It is a degree recognized worldwide and was created for people who want to work in business and management. In Chennai, there are close to 150 top MBA colleges.
The total length of the course is two years, though this may change depending on how the degree is pursued. An MBA will give you the skills and knowledge to manage your coworkers, deal with internal and external crises, and manage effective teams.
Chennai offers excellent employment opportunities as the information technology and services hub. In addition, Chennai is home to several multinational corporations that provide attractive packages compared to other cities.
As a result, Chennai is a popular area for students who want to pursue an MBA. In Chennai, only about 9% of MBA programs are offered by public or government institutions.
The minimum fees of the colleges in Chennai that offer postgraduate degrees in management range between 40K and 50K, and the maximum fees of the colleges in Chennai that offer these degrees can reach 12 Lakh.
In India, having an MBA is so standard and relevant that it has become a prerequisite for all top employers, who use it as a leading indicator for managerial proficiency and professional acumen.
Top MBA Colleges in Chennai: NIRF Ranking
- Seven MBA colleges in Chennai have received rankings from NIRF in 2022.
- According to NIRF rankings 2022, the Department of Management Studies (DOMS) at IIT Madras is the best MBA program in Chennai. This year, the institute is ranked 10th.
- The Great Lakes Institute of Management ranked 31st, immediately after IIT Madras. The college was ranked 24th the previous year.
- Among the top 100 MBA colleges in India, Saveetha Institute of Medical and Technical Sciences, Poonamallee, is a recent addition.
Top MBA Colleges in Chennai: Week Ranking
- According to rankings, the best MBA college in Chennai is IIT Madras, Chennai (Department of Management Studies). According to the magazine's 2019 ranking, IIT Madras is ranked 20th. The institute moved up two spots from the previous year.
- The list places the Loyola Institute of Business Administration at number 32. The institute rose three positions since the 2018 rankings.
- SRM Chennai and Hindustan Institute of Technology and Science come after LIBA.
Top MBA Colleges in Chennai: Times Ranking
- Five colleges from Chennai were ranked in the magazine's 2021 rankings.
- According to the magazine, the top MBA College in Chennai is the state-owned private SRM School of Management.
- On the list, the Great Lakes Institute of Management is ranked 50th. The institute's ranking has, however, dropped from the previous year.
- The Hindustan Institute of Technology & Science, which is ranked 54th on the list, is the institution that comes next.
Top MBA Colleges in Chennai: India Today Ranking
- The top MBA school in Chennai is SRM School of Management, SRMIST - SRM Institute of Science and Technology, according to India Today Ranking 2021.
- The Hindustan Institute of Technology and Science, also located in Chennai, is ranked right behind SRM School of Management, SRMIST - SRM Institute of Science and Technology, at 50 on the ranking list.
- In the list, Sai Ram Institute of Management Studies is ranked number 54, followed by IIKM- The Corporate B School, Chennai, and Hindustan Institute of Technology and Science, Chennai.
- Among the top MBA programs in India, ITM Business School in Chennai is ranked 87th by India Today Ranking 2021.
Why Study MBA in Chennai?
- Chennai's most popular MBA specializations include finance, human resources and organizational behavior, marketing, operations, and information systems. MBA courses are offered in a variety of specializations.
- Due to the prestigious Indian Institute of Technology there, Chennai ranks among the most notable cities.
- The best MBA programs in Chennai have a separate, well-maintained placement cell that prepares students for interviews and helps them land lucrative placement offers.
Top MBA Colleges in Chennai: 2022 Ranking
There are approximately 149 recognized MBA/PGDM colleges in Chennai, 24 of which are government MBA colleges and 122 private. Around 85 of Chennai's top MBA schools have AICTE approval, and more than 34 have UGC approval.
Some of the best MBA programs in India are offered at DoMS IIT Madras in Chennai and Vel Tech in Chennai.
Check out the top MBA colleges in Chennai and their program:
|
Colleges |
Program/Courses |
Duration |
|
Department of Management Studies, IIT Madras |
|
1 year |
|
Great Lakes Institute of Management |
|
2 years |
|
Loyola Institute Of Business Administration |
|
1 year 3 months |
|
Department Of Management Studies, Anna University |
|
2 years |
|
Amity Global Business School |
|
2 years |
|
Hindustan Institute of Technology And Science |
|
2 years |
|
Vel Tech Rangarajan Dr. Sagunthala R And D Institute Of Science And Technology |
|
2 years |
|
Bharath University - Bharath Institute Of Higher Education And Research |
|
2 years |
|
Sairam Institute Of Management Studies |
|
2 years |
|
IIKM Business School |
|
2 years |
Top MBA Colleges in Chennai: Tuition Fee
|
Colleges |
Tuition Fee Annum (Approx) |
|
Department of Management Studies, IIT Madras |
INR 1,350,000 (Total) |
|
Great Lakes Institute of Management |
INR 1,875,000 (Total) |
|
Loyola Institute Of Business Administration |
INR 600,000 (Total) |
|
Department Of Management Studies, Anna University |
INR 59,000 - 97,000 |
|
Amity Global Business School |
INR 330,000 |
|
Hindustan Institute of Technology And Science |
INR 220,000 - 285,000 |
|
Vel Tech Rangarajan Dr. Sagunthala R And D Institute of Science And Technology |
INR 90,500 |
|
Bharath University - Bharath Institute Of Higher Education And Research |
INR 100,000 |
|
Sairam Institute Of Management Studies |
INR 75,000 |
|
IIKM Business School |
INR 375,000 |
Admission Requirements to study MBA in Chennai
MBA Eligibility Criteria
- The candidate must have earned a degree in any field of study or its equivalent from an accredited university.
- The candidate must graduate with a minimum cumulative grade point average of 50%. The required overall percentage for students in the reserved category is 45%.
- Candidates for graduation in their final year may also apply for an MBA program as long as they can provide documentation that they completed their undergraduate studies within the institute-specified time frame.
MBA: Admission Process
- Candidates must have graduated from an academic institution with at least 60% of the required marks.
- Interview calls will be made for candidates who have been narrowed down based on test results and academic information.
- Those who make the final cut after the interview may be admitted.
MBA: Popular Entrance Exam accepted in Chennai
- Common Admission Test (CAT)
- Xavier Aptitude Test (XAT)
- Management Aptitude Test (MAT)
- The Graduate Management Admission Test (GMAT)
- Actuarial Common Entrance Test (ACET)
- VELS Entrance Examination (VEE)
|
Talk to an ExpertTop MBA Colleges in Chennai: Job Scope
The range of employment options and job profiles is expanded by an MBA. Students with an MBA from one of the top business schools can advance to senior management positions and become managers. This undoubtedly means a higher placement within the company and greater responsibility.
The MBA degree from the best B-schools gives a person the credibility to hold leadership positions in an organization.
As someone begins their mid-management or senior management career, an MBA graduate from a top B-school has a better chance of advancing to become a CEO, CFO, CIO, CTO, etc.
After completing an MBA, the average starting salary in Chennai is INR 4-6 Lakhs.
Salary & Job Profile
Some of the most popular career options for MBA graduates in Chennai are:
|
Job Position |
Salary (Average) |
|
Business Analyst |
INR 7 lakhs |
|
Management Consultant |
INR 12 lakhs |
|
Account Manager |
INR 5.85 lakhs |
|
Project Manager |
INR 14.5 lakhs |
|
Finance Manager |
INR 10 lakhs |
|
Regional Sales Manager |
INR 11 lakhs |
|
Human Resource Manager |
INR 7 lakhs |
Top MBA Colleges in Chennai: Placement Wise
Some of the top management recruiters from both India and abroad visited the top MBA colleges in Chennai.
- The average number of recruiters in Chennai's top institutes ranged between 50 and 100.
- The average placement package in most of Chennai universities ranged between INR 3-4 lakh.
Top Recruiters
- Accenture
- Apple
- SBI
- HDFC Bank
- Wipro
- TCS
- Cognizant
