Chennai MBA
With the growing popularity of MBA programs, Chennai is drawing students from all around India and abroad. Some of Chennai’s best MBA schools are located in the city and provide top-notch training as well as fantastic employment prospects.
One of the main factors contributing to the popularity of MBA programs in Chennai is the city’s abundance of prestigious management schools, which provide cutting-edge curricula and a wide choice of specialties.
In this blog post, we’ll discuss MBA admissions, costs, and programs at some of the top MBA schools in Chennai for 2024, as determined by rankings that guarantee you a fruitful future.
Rank-Wise List of the Best MBA Schools in Chennai
Some of the best MBA schools are located in Chennai, the capital city of Tamilnadu. More MBA alternatives with high-quality instruction and a decent return on investment are provided by Chennai’s leading PGDM institutes. The colleges include private elite PGDM colleges in Chennai, government or public MBA colleges, and others. Reputable rankings list IIM Trichy, BIM Trichy, and IIT Madras as some of the best MBA schools in Chennai, while Great Lakes and LIBA are among the top PGDM schools in Chennai for 2024. View the list of India’s Best MBA Colleges with the most recent NIRF MBA Rankings here:
| Top MBA Colleges in Chennai | City |
| Indian Institute of Management (IIMT) Tiruchirappalli | Tiruchirappalli |
| Great Lakes Institute of Management (GLIM) Chennai | Chennai |
| Department of Management Studies (DoMS- IIT) Madras | Chennai |
| Loyola Institute of Business Administration (LIBA) Chennai | Chennai |
| Bharathidasan Institute of Management (BIM) Tiruchirappalli | Tiruchirappalli |
IIT Madras
One of India’s top universities, IIT Madras, offers a thorough MBA program through its Department of Management Studies. Leadership, strategic thinking, and analytical abilities are the program’s main focuses.
Course Information: The two-year, full-time MBA program offers specializations in finance, marketing, human resources, and information technology.
Fee Schedule: For the full term of the MBA program, the fees come to about ₹8 lakh.
LIBA
The esteemed Jesuit business school LIBA is renowned for its emphasis on holistic development and exacting academic requirements. The institute’s main goal is to develop morally upright corporate executives.
Course Specifics: A two-year full-time PGDM degree is available from LIBA, with concentrations in systems, operations, marketing, finance, and human resources.
Fee Schedule: Over the course of the program, the total cost of the PGDM is about ₹16 lakh.
GLIM
A highly regarded business school, Great Lakes Institute of Management is well-known for its cutting-edge curriculum and partnerships with businesses. The organization provides a variety of MBA programs tailored to recent graduates and working people.
Course : For seasoned professionals, GLIM offers a one-year full-time PGPM program; for recent grads, it offers a two-year full-time PGDM program.
Fee Structure: The full cost of the PGPM program is approximately ₹18 lakh, whereas the PGDM program is roughly ₹13.25 lakh.
MSSW
An MBA program focused on social responsibility and moral corporate conduct is provided by MSSW. The goal of the institute’s curriculum is to create professionals that are well-rounded.
Course : MSSW’s MBA program includes specializations in HR, Systems, Marketing, and Finance.
Fee : The annual cost of the MBA program is roughly ₹1.3 lakh.
SRM College
SRM University is renowned for its cutting-edge amenities and contemporary campus. Comprehensive MBA programs are available from the School of Management, with an emphasis on real-world experience and exposure to industry.
Course Specifics: Specializations in Marketing, Finance, HR, Operations, and Systems are available in the MBA program.
Fee Schedule: The annual cost of the MBA program is roughly ₹3.5 lakh.
Anna University
Anna institution is a well-known public institution that provides a large selection of courses in several academic fields. An excellent MBA program is provided by the Department of Management Studies (DOMS).
Course Specifics: Operations, HR, Finance, and Marketing concentrations are available in the MBA program.
Fee Schedule: The total cost of the MBA program is about ₹82,000 for the full course of study.
Chennai’s Top MBA Schools with Fee Schedule
There is a wide range of MBA fees in Chennai depending on your budget. In addition, the majority of MBA programs in Chennai assist you with securing an education loan and provide scholarships and waivers. The cost of an MBA in Chennai varies depending on the type of MBA college, according to the price structure. The greatest MBA schools in Chennai may be found for affordable tuition, some of them charge less than Rs. 4 lakh. The main distinction in MBA fees in Chennai is that some of the best MBA colleges, like Great Lakes and IIM Trichy, charge higher fees, while management departments and colleges affiliated with government universities, such as Tamil Nadu University, VIT Vellore, SRM University, and many private PGDM colleges, offer MBAs at low costs. Let’s examine the most recent MBA fees in Chennai for various fee bands at B-schools:
| est MBA Colleges | City | MBA Fee (Rs.in Lakhs) |
| Great Lakes Institute of Management (GLIM) Chennai | Chennai | 21.8 |
| Indian Institute of Management (IIMT) Tiruchirappalli | Tiruchirappalli | 14 |
| Bharathidasan Institute of Management (BIM) Tiruchirappalli | Tiruchirappalli | 16 |
| Loyola Institute of Business Administration (LIBA) Chennai | Chennai | 15.38 |
| IFMR Graduate School of Business at KREA University | Sri City | 14.56 |
| Department of Management Studies (DoMS- IIT) Madras | Chennai | 9 |
| Rajalakshmi School of Business (RSB) Chennai | Chennai | 8.75 |
| Xavier Institute of Management and Entrepreneurship (XIME) Chennai | Chennai | 8.5 |
Why Choose MBA Schools in Chennai ?
- Rankings and Reputation: Look at NIRF rankings, industry reviews, and alumni feedback to assess the college’s standing.
- Curriculum and Specializations: Ensure the curriculum aligns with your career goals and offers relevant specializations (e.g., Finance, Marketing, HR).
- Faculty and Industry Exposure: Experienced faculty with industry connections can provide valuable insights and networking opportunities.
- Placements and Average Salaries: Research the college’s placement record, average salaries of graduates, and the companies that recruit from the institution.
- Infrastructure and Facilities: Adequate facilities, including libraries, classrooms, and labs, are essential for a conducive learning environment.
- Fees and Financial Aid: Compare tuition fees, living expenses, and available scholarships or loan options.
Entrance Exams and Admissions For MBA Schools in Chennai
Most top MBA colleges in Chennai accept scores from national-level exams like CAT, XAT, GMAT, and MAT. Some also conduct their own entrance exams. The admission process typically involves written tests, group discussions, and personal interviews.
ROI and Career Prospects In MBA Schools Chennai
An MBA can be a significant investment. Consider the potential return on investment (ROI) based on factors like salary hikes, career advancement, and networking opportunities. The choice of college can significantly impact your future career prospects.
Note: The rankings and information provided may vary from year to year. It’s advisable to consult the official websites of the colleges and recent reviews for the most up-to-date details.
By carefully evaluating these factors, you can select the best MBA college in Chennai that aligns with your aspirations and sets you up for a successful career.
