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Top MBA Colleges in ChennaiåÊBased on 2023 Ranking

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| Updated On - Dec 31, 2022

Top MBA colleges in Chennai offer MBA and PGDM courses with various specializations. Chennai is home to around 149 recognized MBA/ PGDM colleges, out of them around 122 are private and 24 are government MBA colleges in Chennai. Most of the best MBA colleges in Chennai are approved by AICTE (around 85) and more than 34 are approved by UGC. DoMS IIT Madras - Chennai and Vel Tech - Chennai are some of the top MBA colleges in India. 

  • Department of Management Studies, IIT Madras - [DoMS IIT Madras], and Great Lakes Institute of Management are ranked 10 and 31 respectively among the top MBA colleges in India by NIRF Ranking 2022. 
  • Some of the top Distance MBA colleges in Chennai are the University of Madras, the Institute of Distance Education Chennai, and Tamil Nadu Physical Education and Sports University, Directorate of Distance Education-Chennai.   
  • Department of Management Studies, IIT Madras - [DoMS IIT Madras], Great Lakes Institute of Management, Chennai, and Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology - [Vel Tech] are some of the top MBA colleges in Chennai in Marketing
  • MBA admissions in the top MBA Colleges in Chennai are mostly done through various management entrance exams such as CAT, TANCET,  MAT, etc followed by a Group Discussion or personal interview round. 
  • Academy of Maritime Education and Training University - [AMET], SRM Institute of Science and Technology Ramapuram Campus and Bharath Institute of Higher Education and Research, College of management are some of the top MBA colleges in Chennai without entrance exams.
  • The average fees for government colleges can be between INR 2 - 22 lakhs while in private colleges it can be between INR 7 - 30 lakhs for pursuing MBA courses in ChennaiCheckMBA Government Colleges in Chennai
  • Department of Management Studies, Anna University - [DOMS] and Vel Tech High Tech DR. Rangarajan DR. Sakunthala Engineering College are some of the top MBA colleges in Chennai with a fee structure of less than INR 75,000 per year. CheckTop Private MBA colleges in Chennai
  • Department of Management Studies, IIT Madras - [DoMS IIT Madras], and Hindustan Institute of Technology and Science - [HITS] are some of the top MBA colleges in Chennai accepting MAT exams.
  • Top MBA colleges in Chennai have a separate and maintained placement cell that trains students to face interviews and grab high placement packages. The average CTC offered can be between INR 20 - 25 LPA. 
  • Loyola Institute of Business Administration (LIBA), DOMS IIT Madras, and Hindustan Institute of Technology and Science Chennai are the top MBA colleges in Chennai with a placement of more than INR 10 LPA.
  • Land Rover, Jaguar, Volkswagen, Tata Motors, Mercedes Benz, Bajaj Group, Mahindra & Mahindra, General Motors, etc are the top recruiting companies participating in Top MBA colleges in Chennai placements.

Top MBA Colleges in Chennai 2022: Rankings

Various top organizations release a ranking of top MBA colleges in Chennai. Some of the organizations/agencies are NIRF, The Week, Business Today, India Today, etc. These ranks are based on different parameters which are different for the different ranking agencies. Mentioned below are a few of these ranks. 

Top MBA Colleges in Chennai: NIRF Ranking 2022

National Institutional Ranking Framework is a methodology adopted by the government of India to rank the top institutions of India based on various parameters. It is under the Ministry of Education.

  • NIRF rankings 2022 has ranked 7 MBA colleges from Chennai.
  • The Department of Management Studies (DOMS) of IIT Madras has been ranked as the top MBA College in Chennai by NIRF rankings in 2022. The institute has ranked 10th this year.
  • IIT Madras is followed by the Great Lakes Institute of Management which has been placed 31st in the rankings. Last year, the college was ranked 24th.
  • Saveetha Institute of Medical and Technical Sciences, Poonamallee is the new entrant among the top 100 MBA colleges in India.
NIRF Ranking 2022 College Name 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 -

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

MBA Colleges in Chennai NIRF Ranking Parameters and Weightage

Top MBA Colleges in Chennai: Times Ranking 2022

The Times is one of the most reputed English-language daily newspapers and digital media. It is one of the largest-selling English-language daily newspapers in the world and the third-largest newspaper in India by circulation. In partnership with Avance India, every year Optimal Media Solutions - The Times conducts a survey and publishes a list of Top Institutes in India.

Indian School of Science and Management Taramani Chennai is the best MBA college in Chennai and it has a seat intake of 35 for MBA+PGM.

  • Indian School of Science and Management Taramani Chennai is ranked 64th followed by Sri Sairam Institute of Management Studies at 91st place.
  • IIKM- The Corporate B School is one of the best MBA colleges in Chennai. It is ranked 120 and is well known for its MBA and part-time BBA courses.
  • The list also includes Institute For Technology And Management Chennai at 130th place.

Tabulated below are the Top BTech colleges in Chennai ranked by The Times Ranking 2022.

The Times Ranking 2022 College Name 
64 Indian School of Science And Management, Taramani, Chennai
91 Sri Sairam Institute of Management Studies, Chennai
120 IIKM- The Corporate B School, Chennai
130 Institute For Technology And Management, Chennai

Top MBA Colleges in Chennai: India Today 2021 Ranking

India Today is the most widely spread and well-renowned news magazine in India. The magazine ranks as the top management institute in the country. The following table can be referred to know about the best MBA colleges in Chennai.

  • SRM School of Management, SRMIST - SRM Institute of Science and Technology, Chennai has been ranked as the top MBA college in Chennai according to India Today Ranking 2021.
  • SRM School of Management, SRMIST - SRM Institute of Science and Technology, Chennai has been ranked 50th on the Ranking list followed by Hindustan Institute of Technology and Science, Chennai.
  • Hindustan Institute of Technology and Science, Chennai is ranked 54onn the list which is followed by Sai Ram Institute of Management Studies and IIKM- The Corporate B School, Chennai.
  •  ITM Business School, Chennai is ranked 87 by India Today Ranking 2021 among the best MBA colleges in India.
India Today 2021 Ranking College Name Average annual fees INR 
50 SRM School of Management, SRMIST - SRM Institute of Science and Technology, Chennai 7,00,000
54 Hindustan Institute of Technology and Science 4,58,000
77 Sai Ram Institute of Management Studies 1,70,000
80 IIKM- The Corporate B School, Chennai  4,00,000
87 ITM Business School, Chennai 4,95,000

MBA Government Colleges in Chennai

The list below highlights the top MBA government colleges in Chennai with fee structures.

Colleges Total Fees (INR)
DoMS IIT Madras – Department of Management Studies 8,00,000
Anna University 41,000
College of Engineering Guindy, Anna University 97,500
Department of Management Studies, Anna University 56,550
Indian Maritime University (IMUC) 4,00,000
Guru Nanak College 45,500
Institute of Hotel Management Catering Technology and Applied Nutrition 25,000
University of Madras (UNOM) 47,590

Private MBA Colleges in Chennai

Tabulated below is the list of the best private MBA colleges in Chennai along with their fee structure.

Colleges Total Fees (INR)
Xavier Institute of Management and Entrepreneurship (XIEM) 7,50,000
SSN School of Management 5,00,000
Great Lakes Institute of Management, Chennai 17,15,000-19,25,000
Vellore Institute of Technology, VIT University 7,03,000
Loyola Institute of Business Administration (LIBA) 1,68,000-15,26,000
School of Management DG Vaishnav College (DGVC) -
IIKM Business School 3,25,000-4,00,000
Sri Ramchandra Institute of Higher Education and Research 4,00,000
Rajalakshmi School of Business - RSB 6,10,000
VELS School of Management Studies and Commerce 3,28,000-4,38,000
SRM Easwari Engineering College 70,000
Remo International College 3,50,000
MEASI Institute of Management 2,60,000
VCFW - Valliammal College For Women 60,000

Top MBA Colleges in Chennai: Return on Investment (ROI)

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 on investment of top MBA colleges in Chennai.

College Name

Average Annual Fee

Average Annual Placement

ROI Rank*

Loyola Institute of Business Administration (LIBA) Chennai

INR 1,52,000

INR 9,50,000

1

DOMS IIT Madras

INR 4,00,000

INR 12,44,000

2

Hindustan Institute of Technology and Science, Chennai3

INR 2,53,000

INR 3,50,000

3

SRM Chennai

INR 3,10,000

INR 4,00,000

4

Great Lakes Institute of Management, Chennai

INR 11,00,000

INR 13,10,000

5

*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.

Top MBA Colleges in Chennai: Admission Process

There are 144 MBA Colleges in Chennai, out of which 104 are private MBA Colleges and 35 are public MBA Colleges. These colleges give admissions mainly based on top MBA entrance exams like CAT, TANCET, MAT, etc. Their ratio is shown in the chart below.

Number of Top MBA Colleges in Chennai

Candidates can know about the admission process of top MBA colleges in Chennai here.

IIT Madras, Chennai (Department of Management Studies)

DoMS IIT Madras is a public MBA college in Chennai. The college has been ranked as one of the top MBA colleges in Chennai. Candidates must have a qualified CAT Exam for admission to the institute.

  • Other than this, candidates must have completed their graduation with a minimum of 60% marks from a recognized university. The minimum percentage for SC/ST candidates is 55%.
  • Candidates shortlisted based on CAT scores and academic details will be called for an interview. Those shortlisted after the interview will be eligible for final admission.
  • It must be noted that IIT Graduates with a CGPA of 8 and above are exempted from the CAT score.
  • As per the latest data of 2020 placement, the average annual package of the DoMS IIT Madras is 14.38 lacs.
  • Some of the top recruiters are Accenture, Amazon, Cisco, IBM, Dell, Ford, and McKinsey.

The institute offers an MBA degree in six different specializations. These are listed in the table below.

Finance

Human Resource and Organizational Behaviour

Marketing

Integrative Management

Operations

Information Systems

IIT Madras conducted its Final Placements for batch 2018-20 in December 2019 and saw 24 companies visiting the campus.

  • The biggest share of the roles was offered in the fields of Analytics, Marketing, Consulting, and Operations.
  • In most of the top MBA colleges in India, the highest placement is done in the field of Marketing. IIT Madras made a difference by securing the largest number of placements in Analytics and Consulting.
  • The average CTC offered was INR 14.38 lakh and the highest was INR 29.02 lakh.
  • The average work experience was 18.5 months in a batch of 48 students.
  • The students also received 3 international offers.

The following chart shows the highest packages offered domain-wise.

IIT Madras MBA Placement

Source: IIT Madras Official Website

Loyola Institute of Business Administration (LIBA)

Established in 1979, Loyola Institute of Business Administration (LIBA) is a premier B-school. The pre-requisite to be eligible for LIBA is to appear for CAT/XAT exam. Candidates should be a graduate of a recognized college with a minimum of 60% marks in STD X, and STD XII & Graduation.

  • Candidates can apply online mode for the institute. Candidates will be required to fill out an application form with all required details along with fee payment.
  • Candidates shortlisted on the XAT/CAT scores will be called for Group Discussion and Personal Interviews for final admission.
  • The median salary package of the candidates from the institute is INR 9,00,000.
  • The highest package received by the students of the college is INR 14,00,000.
  • Top recruiters of the LIBA Chennai include Amazon Kindle, Bank of America Merrill Lynch, Citi Bank, Airtel, Cognizant, Deloitte, Walmart, etc.

Great Lakes Institute of Management, Chennai Admissions

The admission process of the Great Lakes Institute of Management Chennai is based on the valid scores of CAT, GMAT, XAT, and CMAT.

  • Other than this, candidates must have a Bachelor’s degree in any discipline from a recognized institution with at least 50% marks.
  • Candidates shortlisted based on entrance exams will be called for a personal interview.
  • The final admission will be based on entrance exam scores and performance in the interview.
  • The average annual package of the candidates from the institute is INR 13,10,000.

Top MBA Colleges in Chennai: Entrance Exam Wise

These are the top exams for admission to an MBA in Chennai.

  • CAT- Common Admission Test (CAT) is an online test conducted for admission to management courses. 
  • XAT- Xavier Aptitude Test (XAT) is a computer-based national-level entrance exam conducted for admission to management courses. At present, the XAT score is being used by more than 150 institutes for admission. (Read More XAT Exam)
  • MAT- Administered in 1988, Management Aptitude Test (MAT) is a standard test to screen candidates for admission to MBA and allied programs.
  • GMAT- The Graduate Management Admission Test is a computer adaptive test conducted for admission to MBA courses. The exam assesses certain analytical, writing, quantitative, verbal, and reading skills in written English.

Top MBA Colleges in Chennai Accepting CAT Score

CAT or Common Admission Test is the most popular and most competitive exam in India for management education. Every year, more than 2 lakh students appear for CAT to get admission to some of the top MBA colleges in India. Different IIMs conduct CAT every year taking turns.

Following are the top MBA colleges in Chennai accepting the CAT exam 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

Top MBA Colleges in Chennai: Placement Wise

MBA Placements for the 2020 batch have been completed in many colleges. The top MBA colleges in Chennai hosted some of the top management recruiters from both India and Abroad.

  • The average number of recruiters in these top institutes varied between 50-100.
  • The average placement package in most of these institutes ranged between INR 3-4 lakh.

The following chart shows the CTCs offered by some of the top MBA colleges in Chennai

CTCs offered in Top MBA Colleges in Chennai

Read More,

Top MBA Colleges in Chennai: FAQs

Ques. Which college is best for MBA in Chennai?

Ans. Some of the top MBA colleges in Chennai which are ranked among the top MBA colleges in India by various popular Ranking agencies like NIRF, India Today, etc. are given below:

  • Department of Management Studies, IIT Madras - [DoMS IIT Madras], Chennai
  • Great Lakes Institute of Management, Chennai
  • Loyola Institute of Business Administration - [LIBA], Chennai
  • Xavier Institute of Management and Entrepreneurship - [XIME], Chennai
  • Department of Management Studies, Anna University - [DOMS], Chennai 
  • Hindustan Institute of Technology and Science - [HITS], Chennai 
  • Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology - [Vel Tech], Chennai
  • Bharath University - Bharath Institute of Higher Education and Research - [BIHER], Chennai 
  • SRM Institute of Science and Technology Ramapuram Campus, Chennai
  • Bharath Institute of Higher Education and Research, College of Management, Chennai 

Ques. 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 on Investment).

Ques. Which is the No 1 University in Chennai?

Ans. Department of Management Studies, IIT Madras - [DoMS IIT Madras], Chennai is considered as 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.

Ques. What will be the fees for MBA in Bangalore?

Ans. The average fees for pursuing MBA courses in Chennai range between INR 50,000 to 30 Lakhs per year depending upon the colleges. 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 less than INR 75,000 per year.

Ques. 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. 

Ques. Does PGDM have placements?

Ans. Yes, PGDM or Postgraduate Diploma in Management. Various top Management colleges in India 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 as in India also offer placement opportunities Abroad with high packages. 

Ques. 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 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.

Ques. 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.

Ques. 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 less than INR 75,000 per year.

Ques. What are the top 10 colleges for MBA in Chennai accepting CAT?

Ans. Some of the top 10 colleges for engineering in Chennai are given below: 

  • Department of Management Studies, IIT Madras - [DoMS IIT Madras], Chennai
  • Bharath University - Bharath Institute of Higher Education and Research - [BIHER], Chennai 
  • SRM Institute of Science and Technology Ramapuram Campus, Chennai
  • Bharath Institute of Higher Education and Research, College of Management, Chennai 
  • Great Lakes Institute of Management, Chennai
  • Loyola Institute of Business Administration - [LIBA], Chennai
  • Department of Management Studies, Anna University - [DOMS], Chennai 
  • Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology - [Vel Tech], Chennai
  • Hindustan Institute of Technology and Science - [HITS], Chennai
  • Xavier Institute of Management and Entrepreneurship - [XIME], Chennai

Ques. 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.

Ques. 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.

Ques. What is the average annual fee of DOMS IIT Madras?

Ans. The average annual fee of IIT Madras is INR 4,00,000.

Ques. 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.

Ques. Which is the top MBA College in Chennai accepting CAT scores?

Ans. The top MBA college in Chennai accepting CAT scores is DOMS IIT Madras.

Read More

Top MBA Colleges in ChennaiåÊBased on 2023 Ranking

Popularity
PopularityRatingHighest FeesLowest Fees

Department of Management Studies, IIT Madras - [DoMS IIT Madras]

MBA/PGDM

11.25 Lakhs


NIRFranking 15 out of 75 in 2019

Bharath University - Bharath Institute of Higher Education and Research - [BIHER]

MBA/PGDM

1.00 Lakhs


ranking 108 out of 268 in 2021

Indian Institute of Technology Madras - [IITM]
Indian Institute of Technology Madras - [IITM] logo

Indian Institute of Technology Madras - [IITM]

Chennai, Tamil Nadu | AICTE Accredited

8.7/10 (110 Reviews)

MBA/PGDM

11.25 Lakhs


NIRFranking 13 out of 100 in 2021