5 mins | Vaishali Pandey

Top MBA Colleges in Chennai

Chennai is home to over 150+ MBA colleges, including 123 private institutions, seven government-owned colleges, and one public-private partnership. Top MBA colleges in Chennai, such as IIT Madras, Great Lakes Institute of Management, and Anna University, accept entrance exams like TANCET MBA, MAT, CAT, and XAT.

By the end of this blog, you will:

1. Discover some of the top MBA colleges in Chennai with detailed insights into fees, entrance exams, and placement records.

2. Gain clarity on the available options and how to select the ideal college to align with your career objectives.

3. Learn about specialised MBA formats, including distance and online programs, tailored for working professionals seeking flexibility. 

MBA Colleges in Chennai: Highlights

Here are the key details about MBA colleges in Chennai, including the number of institutions, fee range, top colleges, specialisations, and entrance exams.

Parameters

Details

Number of MBA Colleges in Chennai

150+

Average Annual Fee

INR 90,000 - 17 lakhs

Top MBA Colleges in Chennai

IIT Madras

Great Lakes Institute of Management

Anna University, Chennai

MBA Specialisations

MBA in Sales and Marketing

MBA in Finance

MBA in HR
MBA in Operations

MBA in IT and Systems

Top Entrance Exams

TANCET

MAT

CAT

XAT

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Why Choose MBA Colleges in Chennai?

Chennai is known for its educational institutions and strong business networks. Many of the top MBA colleges in Chennai offer excellent academic curricula, industry exposure, and strong alumni networks. Whether you're looking to pursue an MBA through TANCET (Tamil Nadu Common Entrance Test) or seeking colleges without entrance exams, 

Chennai has a lot to offer.

1. Diverse MBA Options

From full-time to part-time to correspondence MBA programs, you’ll find options suited to your needs.

2. Affordable Fee Structures 

Several MBA colleges in Chennai with low fees offer quality education at affordable rates.

3. Placement Opportunities

Many top colleges provide excellent placements with leading companies in various sectors.

MBA Colleges in Chennai: NIRF Rank

Here’s a comprehensive list of top MBA colleges in Chennai, including their NIRF rankings and fee structures, to help you make an informed decision for your management education:

College Name

Fee

NIRF Rank

IIT Madras

INR 1- 8 lakhs

16

Great Lakes Institute of Management

INR 8.82 lakhs

34

Anna University, Chennai

INR 82,000

69

Saveetha Institute of Medical and Technical Sciences, Chennai

INR 6 lakhs

71

B. S. Abdur Rahman Crescent Institute of Science and Technology, Chennai

INR 4 - 7 lakhs

101

Hindustan Institute of Technology and Science, Chennai

INR 1.2 - 4.3 lakhs

107

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Top 10 MBA Colleges in Chennai with Fees and Specialisations

Here is a list of the top 10 MBA colleges in Chennai, including their fees, specialisations offered, and accepted entrance exams. 

College Name

Total Fees

MBA Specialisations

Entrance Exams

Indian Institute of Technology, Madras 

INR 1-8 lakhs

HR Management

Operations Management

Marketing Management

Finance Management

Information System Management

Integrative Management

CAT

Great Lakes Institute of Management

INR 14 lakhs

Marketing Management

Finance Management

HR Management

Operations Management

Artificial Intelligence and Machine Learning 

CAT

XAT

GMAT

CMAT

Loyola Institute of Business Administration

INR 17 lakhs

Marketing Management

Finance Management

HR Management

Technology & Operations Management

Business Analytics

CAT

XAT

Anna University, Chennai

INR 82,000

General Management

Marketing Management

Finance Management

Operations Management

HR Management

Systems Management

Business Analytics

Tourism Management

CAT

MAT

XAT

CMAT

GMAT

ATMA

TANCET

Bharathidasan Institute of Management

INR 1 lakhs

Marketing Management

Finance Management

HR Management

Information Systems Management

TANCET

SRM Institute of Science and Technology

INR 3.85 lakhs

Banking & Financial Services

Artificial Intelligence and Data Science

Digital Marketing

Business Analytics

Healthcare and Hospital Management

CAT

MAT

XAT

GMAT

NMAT

CMAT

TANCET

Saveetha Institute of Medical and Technical Science

INR 6 lakhs

Finance Management

International Business Management

Marketing Management

HR Management

Hospital Management

Productions/Operations Management

Logistics and Supply Chain Management

CAT

MAT

XAT

CMAT

TANCET

Xavier Institute of Management and Entrepreneurship, Chennai

INR 8.5 - 11.5 lakhs

Marketing Management

Finance Management

HR Management

Operations Management

IT and Analytics Management

Business Analytics

XAT

CAT

CMAT

MAT

ATMA

GMAT

TANCET

Amity Global Business School, Chennai

INR 6.95 lakhs

Digital Marketing

Finance & Financial Services Management

HR Management

Marketing Management

Transportation & Logistics Management

Entrepreneurship Management

International Business 

Information and Technology Management

Production & Operations Management

Minimum 50% marks in Graduation

Hindustan University

INR 4 - 5.6 lakhs

Finance Management

Marketing Management

HR Management

Hospital Management

Logistic Management

Green Business

Sports Management

Tourism Management

Media and Entertainment Management

Business Analytics

Aviation Management

Minimum 3 years of bachelor's degree

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Top Private MBA Colleges in Chennai

Below is a list of top private MBA colleges in Chennai to help you explore the best options for your education:

College Name

Total Fees

Great Lakes Institute of Management

INR 8.82 lakhs

SRM Institute Of Science And Technology, Chennai

INR 3.85 lakhs

Rajalakshmi School Of Business, Chennai

INR 8.75 lakhs

Loyola Institute of Business Administration

INR 17 lakhs

Xavier Institute Of Management And Entrepreneurship, Chennai

INR 8.5 - 11.5 lakhs

Indian School Of Science And Management, Chennai

INR 6.75 lakhs

Sathyabama Institute of Science and Technology

INR 4 lakhs

Saveetha Institute of Medical and Technical Science, Chennai

INR 6 lakhs

VIT Business School

INR 7 lakhs

Hindustan Institute of Technology and Science, Chennai

INR 4.4 lakhs

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Top Government MBA Colleges in Chennai

Chennai's government MBA colleges provide excellent options for students seeking affordable yet high-quality management education. Here is a list of top government MBA colleges in Chennai, along with their fee structures:

College Name

Total Fees

IIT Madras

INR 1 - 8 lakhs

Anna University, Chennai

INR 82,000

University of Madras

INR 3.15 lakhs

National Institute Of Fashion Technology, Chennai

INR 8.4 lakhs

Institute Of Hotel Management Catering Technology And Applied Nutrition 

INR 3 lakhs

Sri Ramachandra Medical College, Chennai

INR 4 lakhs

Indian Maritime University, Chennai

INR 4 lakhs

Natesan Institute Of Co-Operative Management, Chennai

INR 98,000

Dhanalakshmi Srinivasan College Of Engineering And Technology, Chennai

INR 41,000

Tamil Nadu Open University, Chennai

INR 23,000 - 1 lakh

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MBA Colleges in Chennai Correspondence

Distance MBA colleges in Chennai provide a flexible way to earn your degree. You can study at your own pace while managing work or personal commitments. MBA Colleges in Chennai Correspondence are a great choice for convenient learning. 

Here’s a table showcasing some of the MBA Colleges in Chennai offering correspondence courses, along with their fees and key details.

College Name

Highlights

SRM Institute of Science and Technology, Kattankulathur

INR 9 lakhs

Institute of Distance Education, University of Madras

INR 7,000 - 20,000

All India Institute of Management Studies

INR 4,000 - 10,000

Tamil Nadu Open University

INR 25,000

Centre for Distance Education, Anna University, Chennai

INR 12,000

MIT School of Distance Education, Chennai

INR 27,000 - 38,000

National Institute of Business Management

INR 6,500

Symbiosis Centre for Distance Learning, Chennai

INR 18,000 - 50,000

Smart MBA Online

INR 44,000

Kamarajar Institute of Management

INR 60,000 - 1.6 lakhs

Indian Institute of Knowledge Management

INR 23,000 - 60,000

Indian School of Business Management and Administration, Chennai

INR 23,000 - 50,000

EduKart.com

INR 25,000 - 2.8 lakhs

Online MBA Colleges in Chennai

For those comfortable with online learning, online MBA colleges in Chennai offer fully digital MBA courses with interactive classes and access to online study materials. Here are some great options.

College Name

Fee 

Loyola Institute of Business Administration

INR 4 lakhs

Online Manipal

INR 3 - 6 lakhs

Amity University Online

INR 2 - 3 lakhs

Sathyabama Institute of Science and Technology

INR 90,000

Parul University Online

INR 90,000

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Part-Time MBA Colleges in Chennai

Part-time MBA programs are designed for working professionals who want to enhance their skills without taking a break from their careers. Here are some of the top part-time MBA colleges in Chennai:

College Name

Fee

Loyola Institute of Business Administration 

INR 1.1 - 1.2 lakhs

University of Madras

INR 1.8 lakhs

Anna University

INR 3.5 lakhs

Bharathidasan Institute of Management 

INR 13 lakhs

Sathyabama Institute of Science and Technology

INR 90,000

Great Lakes Institute of Management

INR 9.4 - 11.5 lakhs

VIT Business School

INR 3.4 lakhs

MBA Colleges in Chennai with Low Fees Structure

If you're looking for affordable MBA options, several low-cost MBA colleges in Chennai offer quality education at a reasonable price. Here are a few options.

College Name

Total Fee

University of Madras

INR 48,000

Department of Management Studies, Anna University, Chennai 

INR 1.78 lakhs

College of Engineering Guindy, Anna University, Chennai

INR 1.02 lakhs

Institute of Hotel Management Catering Technology and Applied Nutrition 

INR 25,000

Anna University, Chennai

INR 82,000

Vel Tech Rangarajan Dr. Sagunthala R and D Institute of Science and Technology 

INR 1.81 lakhs

M.O.P. Vaishnav College for Women

INR 1.24 lakhs

Sairam Institute of Management Studies, Chennai

INR 1.5 lakhs

Easwari Engineering College 

INR 70,000

National Institute of Business Management, Chennai 

INR 44,000

Indian Institute of Knowledge Management, Chennai

INR 46,000

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List of MBA Colleges in Chennai with Contact Details

Here’s a list of some top MBA colleges in Chennai, along with their contact details to help you with inquiries and admissions:

College Name

Address

Phone Number

Website

Indian Institute of Technology Madras (IITM)

Chennai, Tamil Nadu 600036

+91 44 2257 8101

www.iitm.ac.in

Loyola Institute of Business Administration

Sterling Road, Nungambakkam, Chennai 600034

+91 44 2817 3712

www.liba.edu

Anna University

Sardar Patel Road, Guindy, Chennai 600025

+91 44 2235 7004

www.annauniv.edu

PSG Institute of Management

PSG Tech Campus, Peelamedu, Coimbatore

+91 422 257 2177

www.psgtech.edu

Great Lakes Institute of Management

1st Floor, Lattice Bridge Road, Perungudi

+91 44 2252 2222

www.greatlakes.edu

Bharathidasan Institute of Management

Bharathidasan University, Tiruchirappalli

+91 431 240 7050

www.bim.edu

Sathyabama Institute of Science and Technology

Jeppiaar Nagar, Rajiv Gandhi Salai, Chennai

+91 44 2450 2036

www.sathyabama.ac.in

Sri Sivasubramaniya Nadar College of Engineering (SSN College)

Rajiv Gandhi Salai, Kalavakkam, Chennai

+91 44 2747 1000

www.ssn.edu.in

VIT Business School

VIT University, Vellore

+91 416 220 2153

www.vit.ac.in

University of Madras

Chepauk, Chennai 600005

+91 44 2539 9422

www.unom.ac.in

Best MBA Colleges in Chennai: Fees and Salary

Here’s a comparison of the fee structure and expected salary for some of the best MBA colleges in Chennai:

College Name

Total Fees

Average Annual Salary

Indian Institute of Technology, Madras 

INR 1-8 lakhs

INR 20 LPA

Great Lakes Institute of Management

INR 14 lakhs

INR 14.5 LPA

Loyola Institute of Business Administration

INR 17 lakhs

INR 11 LPA

Anna University, Chennai

INR 82,000

INR 6.9 LPA

Bharathidasan Institute of Management

INR 1 lakhs

INR 11.9 LPA

SRM Institute of Science and Technology

INR 3.85 lakhs

INR 10.5 LPA

Saveetha Institute of Medical and Technical Science

INR 6 lakhs

INR3 LPA

Xavier Institute of Management and Entrepreneurship, Chennai

INR 8.5 - 11.5 lakhs

INR 8 LPA

Amity Global Business School, Chennai

INR 6.95 lakhs

INR 12 LPA

Hindustan University

INR 4 - 5.6 lakhs

INR 4.5 LPA

Top MBA Colleges in Chennai with Placement and Highest Salary Offered

The highest salary offered by the best MBA colleges in Chennai varies depending on the college and the industry connections they have. Here’s a look at the highest salaries offered at top institutions.

College Name

Average Annual Salary

Top Recruiters

Indian Institute of Technology, Madras 

INR 20 LPA

Microsoft

Goldman Sachs

McKinsey & Co

JP Morgan and Chase

Flipkart

Honeywell

Great Lakes Institute of Management

INR 14.5 LPA

Accenture

Adobe Inc

Bain

Swiggy

Standard Chartered

Cognizant

Loyola Institute of Business Administration

INR 11 LPA

HCL

Vedanta

Deloitte

KPMG

RBI

ICICI Bank

Anna University, Chennai

INR 6.9 LPA

TCS

Axis Bank

Wipro

Aegis

IDBI Bank

Infosys

Bharathidasan Institute of Management

INR 11.9 LPA

ICICI bank

Life Insurance Corporation of India

SBI

Exide Life Insurance

CITI Bank

Axis Bank

SRM Institute of Science and Technology

INR 10.5 LPA

Apollo

Bajaj Finserv

Dell

Honeywell

Hyundai

IBM

Saveetha Institute of Medical and Technical Science

INR3 LPA

Wipro

Tata Motors

Apollo Munich

Amazon

Yes Bank

HCL

Xavier Institute of Management and Entrepreneurship, Chennai

INR 8 LPA

Reliance

Mahindra

Blue Dart

Cognizant

PwC

Oracle

Tata Power

Amity Global Business School, Chennai

INR 12 LPA

HCL

IBM

Sony

Tata

Titan

Wipro

Hindustan University

INR 4.5 LPA

Adani 

Amazon

Tata Steel

Accenture

TCS

JSW

MBA Colleges in Chennai: Return on Investment

When selecting an MBA college, considering the Return on Investment (ROI) is crucial to evaluate the financial benefits post-graduation. ROI compares the program's cost to the average annual salary and package offered during placements. Here is a list of top MBA colleges in Chennai ranked by their ROI, helping you make an informed decision:

College Name

Average Annual Salary

Average CTC Package

Return on Investment Rank

Anna University, Chennai

INR 41,000

INR 7 LPA

1

DOMS IIT Madras

INR 6 lakhs

INR 25 LPA

2

XIME Chennai 

INR 4.5 lakhs

INR 8 LPA

3

Great Lakes Institute of Management, Chennai

INR 8.82 lakhs

INR 14.5 LPA

4

LIBA Chennai 

INR 9.69 lakhs

INR 11.5 LPA

5

Top 10 MBA Colleges in Chennai Under TANCET

If you plan to pursue an MBA in Chennai through the TANCET (Tamil Nadu Common Entrance Test) route, here’s a list of the top 10 MBA colleges in Chennai that accept TANCET scores.

MBA Colleges in Chennai Accepting CAT Exam

Several top MBA colleges in Chennai accept CAT scores for admission. Here’s a list of colleges, along with their total fees:

College Name

Total Fees

Loyola Institute of Business Administration

INR 17 lakhs

Department of Management Studies, IIT Madras

INR 1-8 lakhs

Great Lakes Institute of Management

INR 8.82 lakhs

Xavier Institute of Management and Entrepreneurship, Chennai

INR 9.7 lakhs

Hindustan Institute of Technology and Science, Chennai

INR 1.2 - 4.3 lakhs

MBA Colleges in Chennai Without Entrance Exams

For students looking to pursue an MBA without appearing for entrance exams, several colleges in Chennai offer admission based on other criteria. Here’s a list of such colleges, along with their total fees:

College Name

Total Fees

Versatile Business School

INR 2.5 lakhs

Madras School of Economics, Chennai

INR 10 lakhs

DG Vaishnav College School of Management

INR 35,000 - 6 lakhs

National Institute of Business Management

INR 30,000 - 44,000

Alagappa Institute of Management

INR 71,000

Prince Shri Venkateshwara Padmavathy Engineering College

INR 35,000

Sri Sivasubramaniya Nadar College of Engineering

INR 6 lakhs

St. Joseph College of Engineering

INR 1.5 lakhs

T J Institute of Technology

INR 55,000

Asan Memorial Institute of Management

INR 1.6 lakhs

Specialisations Offered by Best MBA Colleges in Chennai

The best MBA colleges in Chennai offer a wide variety of specialisations. Depending on your career goals, here are some of the popular specialisations you’ll find:

Are you confused about which MBA program to choose? Explore the 8 various types of MBA programs to find the perfect fit for your career goals! Whether you're looking for flexibility, specialisation, or a full-time commitment, we’ve got all the details you need to make an informed decision.

Best MBA Colleges in Chennai: Scholarships

Many of the best MBA colleges in Chennai offer scholarships to help students reduce their financial burden. Here’s a look at some of the scholarship opportunities:

College Name

Scholarship Name

Great Lakes Institute of Management

Dr. Bala V Balachandran Merit Scholarship

Hindustan University

  • DRDO Scholarship Scheme for Girls
  • Dr KCG Verghese Merit Cum Means Scholarship
  • Dr Elizabeth Verghese, Founder Chancellor Scholarship
  • Hindusthan Loyalty Scholarship
  • Sports Scholarship

Madras University

  • The Lions International Endowment Scholarship
  • Rotary Club of Madras City Endowment Scholarship
  • The Lady Willingdon Peace Endowment Scholarship
  • Srimathi Sivakama Radhakrishnan Scholarship
  • The Sir T. Muthuswamy Ayyar Endowment Scholarship
  • The Srimathi Padmasani Bai Endowment Scholarship
  • The K.N. Ayyaayyar Endowment Scholarship
  • The Gokhale Endowment Scholarship (UDandC)
  • Sambuvarayar Endowment Scholarship
  • Arignar Anna Endowment Scholarship

MBA Colleges in Chennai: Eligibility Criteria

To pursue an MBA program in Chennai, candidates must meet the following eligibility requirements:

1. Educational Qualification

Graduation in any discipline or an equivalent qualification from a recognised university is mandatory.

2. Minimum Aggregate Percentage

A minimum of 50% aggregate marks in graduation is required. For candidates from reserved categories, the minimum percentage is relaxed to 45%.

3. Final-Year Students

Candidates in the final year of their graduation are also eligible to apply, provided they submit proof of completing their degree within the timeframe specified by the respective institute.

MBA Colleges in Chennai: Admission Process

If you meet the eligibility criteria, here’s a step-by-step guide to understanding the admission process for MBA colleges in Chennai:

1. Register for an Entrance Exam

Begin by registering for one of the recognised entrance exams required for MBA admissions.

2. Shortlisting Based on Cutoffs

Candidates who meet the cutoff scores in their respective exams will be shortlisted for the next stage of the admission process.

3. Group Discussion and Personal Interview

Shortlisted applicants are then required to participate in group discussions or personal interviews, depending on the college’s requirements.

4. Document Verification and Seat Confirmation

The final step involves verifying academic and personal documents. Admission is confirmed once all documents are successfully verified.

Get all the essential information about MBA entrance exams in India for the 2024-25 academic year, including important dates, fee structures, and eligibility criteria.

MBA Colleges in Chennai: Top Entrance Exams

Here’s a list of the top MBA entrance exams in Chennai, including key details like exam dates and the number of colleges accepting each exam.

Entrance Exams

Full Form

Number of Colleges

Exam Date

TANCET

Tamil Nadu Common Entrance Test

129

March 09, 2025

CAT

Common Aptitude Test

18

November 30, 2025

MAT

Management Aptitude Test

17

March 05, 2025

XAT

Xavier Aptitude Test

15

January 05, 2025

CMAT

Common Management Admission Test

7

January 25, 2025

Chennai has a rich educational landscape with a variety of MBA colleges catering to different needs, whether you’re looking for a full-time programme, a part-time course, or even a correspondence option. With a good mix of affordable options, strong placement support, and excellent academic standards, you're sure to find the right fit for your MBA journey.

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Frequently Asked Questions

Which MBA colleges in Chennai offer the best ROI (Return on Investment)? 

Top colleges like IIT Madras, Great Lakes Institute of Management, and Loyola Institute of Business Administration offer excellent ROI with high placements and salary packages.

What are the benefits of doing a part-time MBA in Chennai?

 A part-time MBA in Chennai offers flexibility, allowing you to continue working while pursuing your degree.

Can I do an MBA in Chennai via correspondence?

 Yes, institutions like Bharathiar University and the University of Madras offer MBA courses via correspondence.

What are the MBA fees for low-cost colleges in Chennai?

 Low-cost colleges like the University of Madras charge ₹1.5-2 Lakh, while Bharathiar University charges ₹2-3 Lakh.

Which MBA colleges in Chennai offer the best placement opportunities? 

IIT Madras, Great Lakes Institute of Management, and Loyola Institute of Business Administration have strong placement records with top companies.

What is the duration of an MBA course in Chennai? 

MBA courses in Chennai typically last 2 years, although part-time and distance options may take longer.

Which MBA colleges in Chennai offer scholarships? 

Institutions like Great Lakes Institute of Management, Loyola Institute of Business Administration, and others offer merit-based and need-based scholarships.

What is the duration of an MBA course in Chennai? 

Graduates from top colleges like IIT Madras can earn up to ₹25 Lakh annually, while others may earn around ₹10-15 Lakh depending on the college and industry.

Which MBA colleges in Chennai offer online MBA courses?

Colleges such as Sathyabama Institute of Science and Technology, ICFAI Business School, and VIT Business School offer online MBA courses.

What are the top 10 MBA colleges in Chennai? 

The top 10 MBA colleges in Chennai include IIT Madras, Great Lakes Institute of Management, Loyola Institute of Business Administration, and others.