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Best MBA Colleges in Chennai in 2022
Best MBA Colleges in Chennai in 2022

Best MBA Colleges in Chennai in 2022

MBA colleges in Chennai provide MBA programs with a variety of specializations. There are approximately 149 recognized MBA colleges in Chennai, with approximately 122 being private MBA colleges in Chennai and 24 being government MBA colleges in Chennai. The majority of the best MBA colleges in Chennai (around 85) are AICTE-approved, and more than 34 are UGC-approved. Vel Tech- Chennai and DoMS IIT Madras – Chennai are two of best MBA Colleges in India.

 Saurav Anand
 Saurav Anand 22/08/2022
22/08/2022
Digital Marketer | Content Specialist & Researcher | Content Marketing @FormsADDA @Formfees- Empowering individuals to unlock the potential of their businesses through the limitless opportunities...read more

MBA colleges in Chennai provide MBA programs with a variety of specializations. There are approximately 149 recognized MBA colleges in Chennai, with approximately 122 being Private MBA Colleges in Chennai and 24 being Government MBA Colleges in Chennai. The majority of the Best MBA Colleges in Chennai (around 85) are AICTE-approved, and more than 34 are UGC-approved. Vel Tech- Chennai and DoMS IIT Madras – Chennai are two of the Best MBA Colleges in India.

The University of Madras, Institute of Distance Education Chennai, Directorate of Distance Education, and Tamil Nadu Physical Education and Sports University, are among the Best Distance MBA colleges in Chennai in 2022.  According to the NIRF Ranking 2021, IIT Madras, the Department of Management Studies, and Great Lakes Institute of Management is indexed 13 and 24, respectively, among the Best MBA Colleges in India. MBA admissions in the Best MBA Colleges in Chennai in 2022 are mostly done through various MBA entrance exams like CAT, MAT, TANCET, and so on, followed by a Group Discussion or personal interview round. Some of the Best MBA Colleges in Chennai without entrance exams include SRM Institute of Science and Technology Ramapuram Campus, Chennai, the Academy of Maritime Education and Training University, Chennai, and Bharath Institute of Higher Education and Research, College of Management. Best MBA Colleges in Chennai with fees structure ranging from INR 50,000 to 30 Lakhs, depending on the college. MBA annual fees in MBA Government Colleges in Chennai can range between INR 2 and INR 22 lakhs, while Private MBA Colleges in Chennai can range between INR 7 and 30 lakhs.

Best MBA colleges in Chennai MBA and PGDM programs with a variety of concentrations are available. There are around 149 accredited MBA/PGDM colleges in Chennai, with approximately 122 being private and 24 being government MBA institutes. The majority of the leading best MBA colleges in Chennai (about 85) are AICTE-approved, while more than 34 are UGC-approved. DoMS IIT Madras – Chennai and Vel Tech – Chennai are two of India’s Best MBA schools.

ParametersParticulars/Statistics
Number of MBA Colleges in Chennai150
FeesAnnual Fee of INR< INR1 lakh- 46%INR 1-2 lakh- 9%INR 2-3 lakh- 7%
Top SpecialisationsFinance, Sales & Marketing, Human Resources, Operations, IT & Systems, etc.
Admission ProcessEntrance-based- TANCET MBA, MAT, CAT, XAT, CMAT, ATMA, and so forth
No. of IIMs and IITs1 IIT

Best 10 MBA Colleges in Chennai in 2022

Here is the list of the Best MBA Colleges in Chennai which have been indexed among the Best MBA Colleges in India by various popular Ranking agencies like NIRF, India Today, etc. given below:-

Best MBA Colleges In Chennai In 2022 Eligibility Criteria:-

The basic eligibility criteria to pursue MBA courses in the Best MBA colleges in Chennai are as follows:-

  • The aspirant must have completed graduation in any discipline or equivalent from a recognized university.
  • The aspirant must have a minimum aggregate percentage of 50% in graduation and 45% for reserved category students. 
  • Final-year graduation aspirants are also eligible for the MBA course provided they present proof of completion of the Graduation degree within the duration. 

Best MBA Colleges In Chennai Based On NIRF Ranking In 2022:-

National Institutional Ranking Framework is a methodology adopted by the government of India to rank top colleges of India based on various parameters, which include the following:-

NIRF Ranking 2022Name of the College NIRF Score
10DoMS IIT Madras - Department of Management Studies66.60
31Great Lakes Institute of Management, Chennai54.90
49Anna University50.72
77Saveetha Institute of Medical and Technical Sciences, Poonamallee45.13
86Loyola Institute of Business Administration45.13
102 - 125B.S. Abdur Rahman Crescent Institute of Science and Technology-
102 - 125Hindustan Institute of Technology and Science-

Best MBA Colleges In Chennai Based On The Week Ranking In 2022

The Week is an Indian News magazine that provides a ranking of the Best MBA Colleges in India every year.  The following table shows the Best MBA colleges in Chennai according to the rankings.

Name of the College RankingAverage Annual Fee
IIT Madras20INR 4,00,000
Loyola Institute of Business Administration Chennai32INR 1,52,000
SRM Chennai75INR 3,10,000
Hindustan Institute of Technology and Science, Chennai92

Best MBA Colleges In Chennai Based On The Times 2021 Ranking In 2022:-

RankingName of the College 
50SRM School of Management, SRMIST
54Hindustan Institute of Technology and Science
77Sai Ram Institute of Management Studies
80IIKM- The Corporate B School
87ITM Business School, Chennai

List Of Best Private MBA Colleges In Chennai In 2022:-

Best Private MBA Colleges In Chennai With Fees In 2022:-

S. No.Name of the CollegeLocationTotal Fees (Rs)
1.Xavier Institute of Management and EntrepreneurshipSriperumbudur7.5 L
2.SSN School of ManagementOld Mahabalipuram Road5 L
3.Great Lakes Institute of Management, ChennaiKanchipuram17.15-19.25 L
4.Vellore Institute of Technology, VIT UniversityVandalur7.03 L
5.Loyola Institute of Business AdministrationNungambakkam1.68-15.26 L
7.IIKM Business SchoolKilpauk3.25-4 L
8.Sri Ramchandra Institute of Higher Education and ResearchPorur4 L
9.Rajalakshmi School of Business Chembarambakkam6.1 L
10.VELS School of Management Studies and CommercePallavaram3.28-4.38 L
11.SRM Easwari Engineering CollegeRamapuram70 K
12.Remo International CollegeVelachery-
13.MEASI Institute of ManagementRoyapettah2.6 L
14.VCFW - Valliammal College For WomenAnna Nagar60K

List Of Best Government MBA Colleges In Chennai In 2022:-

  • DoMS IIT Madras - Department of Management Studies Indian Institute of Technology
  • Tamil Nadu Open University, Chennai
  • College of Engineering, Guindy
  • Centre for Distance Education, Anna University, Chennai
  • IMU Chennai - Indian Maritime University
  • Madras University - University of Madras
  • IIT Madras - Indian Institute of Technology
  • Institute of Distance Education, University of Madras, Chennai
  • AMET University Kanathur - Academy of Maritime Education and Training
  • Natesan Institute of Cooperative Management, Chennai

Best Government MBA Colleges In Chennai With Fees In 2022:-

S. No.Name of the CollegeLocationTotal Fees (Rs)
1.DoMS IIT Madras – Department of Management StudiesAdyar8 L
2.Anna UniversityGuindy41K
3.College of Engineering Guindy, Anna UniversityGuindy97.5 K
4.Department of Management Studies, Anna UniversityGuindy56.55 K
5.Indian Maritime UniversityEast Coast Road4 L
6.Guru Nanak CollegeVelachery45.5 K
7.Institute of Hotel Management Catering Technology and Applied NutritionTaramani25.02 K
8.University of MadrasChepauk47.59 K

Best MBA Colleges In Chennai Accepting CAT Scores In 2022:-

CAT or Common Admission Test is among the most popular and competitive MBA entrance exams in India for management education. Annually, more than 2 lakh aspirants appear for CAT to get admission in some of the Best MBA Colleges in India. Different IIMs conduct CAT every year taking turns.  Here is the list of the Best MBA Colleges in Chennai accepting CAT scores 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

Best MBA Colleges In Chennai Placement Wise In 2022

  • MBA Placements in Best MBA Colleges in Chennai in 2022 have been completed in most of the colleges. 
  • The Best MBA Colleges in Chennai in 2022 hosted some of the best management recruiters from both India and Abroad.
  • The average number of recruiters in these institutes varied between 50-100.
  • The average placement package in the Best MBA Colleges in Chennai ranged between INR 3-4 lakh.

Frequently Asked Questions:

Q1. 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 of Investment).

Q2. Which is the No 1 University in Chennai?

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

Q3. What will be the fees for MBA in Bangalore?

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

Q4. 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. 

Q5. Does PGDM have placements?

Ans. Yes, PGDM or Postgraduate Diploma in Management. There are various top Management colleges in India that 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 in India also offer placement opportunities Abroad with high packages. 

Q6. 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 in 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.

Q7. 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.

Q8. 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 of less than INR 75,000 per year.

Q9. 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.

Q10. 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.

Q11. What is the average annual fee of DOMS IIT Madras?

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

Q12. 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.

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