9 Best MBA Colleges in Chennai

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These 9 Best MBA Colleges in Chennai non-public trade faculties offer complete coaching, experienced faculty, and modern-day centers to empower college students of their pursuit of careers. With a focal point on holistic improvement and academic excellence, the excellent schools in worlds provide a nurturing surroundings wherein college students can refine their abilities, construct a strong foundation.

Indian Institute of Technology Madras (IIT Madras) – 9 Best MBA Colleges in Chennai
Great Lakes Institute of Management – 9 Best MBA Colleges in Chennai
Loyola Institute of Business Administration (LIBA) – 9 Best MBA Colleges in Chennai
IFMR Graduate School of Business, Krea University – 9 best MBA colleges in Chennai
SRM School of Management, SRM Institute of Science and Technology – 9 best MBA colleges in Chennai
VIT Business School, VIT University – 9 Best MBA Colleges in Chennai
Anna University, Department of Management Studies (DOMS) – 9 Best MBA Colleges in Chennai
Hindustan Institute of Technology and Science (HITS) School of Management – 9 Best MBA Colleges in Chennai
Madras School of Economics (MSE) – 9 Best MBA Colleges in Chennai
FAQ’s

College Name	Programs Offered	Fees	Accreditation/ Affiliation
Indian Institute of Technology Madras (IIT Madras)	MBA	Approximately ₹10 lakhs for the entire course	AICTE, IIT
Great Lakes Institute of Management	PGPM, PGDM	Approximately ₹17-19 lakhs for the entire course	AICTE, AMBA
Loyola Institute of Business Administration (LIBA)	MBA, PGDM	Approximately ₹15 lakhs for the entire course	AICTE, NBA, AACSB
IFMR Graduate School of Business, Krea University	MBA	Approximately ₹14 lakhs for the entire course	AICTE, AACSB
SRM School of Management, SRM Institute of Science and Technology	MBA	Approximately ₹6 lakhs for the entire course	AICTE, SRM University
VIT Business School, VIT University	MBA	Approximately ₹7 lakhs for the entire course	AICTE, VIT University
Anna University, Department of Management Studies (DOMS)	MBA	Approximately ₹2 lakhs for the entire course	AICTE, Anna University
Hindustan Institute of Technology and Science (HITS) School of Management	MBA	Approximately ₹4 lakhs for the entire course	AICTE, HITS
Madras School of Economics (MSE)	MBA in Finance, PGDM	Approximately ₹8 lakhs for the entire course	AICTE, MSE

Top 9 MBA Colleges in Chennai

College	Description
Indian Institute of Technology Madras (IIT Madras)	One of the premier engineering institutes offering a highly reputed MBA program with a focus on technology and management.
Great Lakes Institute of Management	Known for its innovative curriculum and industry-oriented MBA programs, providing excellent placement opportunities.
Loyola Institute of Business Administration (LIBA)	Offers a strong MBA program with a focus on values-based management education and leadership skills.
IFMR Graduate School of Business, Krea University	Provides a data-driven and research-oriented MBA program aimed at developing analytical and managerial skills.
SRM School of Management, SRM Institute of Science and Technology	Offers comprehensive MBA programs with a focus on practical learning and industry engagement.
VIT Business School, VIT University	Known for its diverse MBA programs and emphasis on international business education and experiential learning.
Anna University, Department of Management Studies (DOMS)	Provides a rigorous MBA program with a strong focus on research, management principles, and industry exposure.
Hindustan Institute of Technology and Science (HITS) School of Management	Offers practical and industry-oriented MBA programs designed to prepare students for managerial roles.
Madras School of Economics (MSE)	Provides a specialized MBA program with a focus on economics and management, preparing students for analytical roles.

Indian Institute of Technology Madras (IIT Madras) - 9 Best MBA Colleges in Chennai

IIT Madras offers an MBA program through its Department of Management Studies. The program is known for its rigorous curriculum, experienced faculty, and excellent placement records.

NIRF Ranking: 10 (2023)
Fee: Approx. ₹8-10 lakhs
Organization Type: Public
Official Website: IIT Madras DoMS

Features:

Renowned Faculty: The institute has a highly qualified faculty consisting of distinguished academics and researchers with expertise in various fields. They play a key role in fostering innovation and guiding students through advanced learning.
World-Class Research: IIT Madras is at the forefront of cutting-edge research in fields like artificial intelligence, robotics, data science, and energy. It has collaborations with top international universities and industries, driving innovation and technology.
State-of-the-Art Facilities: The campus is equipped with advanced labs, research centers, libraries, and computing facilities, providing students with the tools they need to excel in academics and research.
Strong Industry Connections: The institute has extensive collaborations with industries, offering students internships, industry projects, and placements with top global companies. Its strong ties to the corporate world ensure great career opportunities for graduates.

Notable Alumni:

Some of them are:

N. R. Narayana Murthy – Co-founder of Infosys, a global leader in technology services and consulting.
K. Radhakrishnan – Former Chairman of the Indian Space Research Organisation (ISRO) and pivotal in India’s space exploration initiatives.
S. Ramadorai – Former CEO and Managing Director of Tata Consultancy Services (TCS) and known for his contributions to the IT sector.
Sundar Pichai – CEO of Alphabet Inc. (Google’s parent company), recognized for his leadership in technology and innovation.
Arvind Krishna – Chairman and CEO of IBM, noted for his expertise in cloud computing and artificial intelligence.

With its stellar reputation, dedicated faculty, and student-centric approach, Indian Institute of Technology Madras (IIT Madras) continues to set the benchmark for the 9 Best MBA Colleges in Chennai

Great Lakes Institute of Management - 9 Best MBA Colleges in Chennai

Great Lakes Institute of Management offers a one-year full-time PGPM and a two-year PGDM program. It is known for its innovative curriculum, eminent faculty, and strong industry linkages.

NIRF Ranking: 31 (2023)
Fee: Approx. ₹14-16 lakhs
Organization Type: Private
Official Website: Great Lakes Chennai

Features:

Cutting-Edge Infrastructure: The campus is equipped with state-of-the-art facilities, including smart classrooms, advanced computing labs, and well-stocked libraries. These resources create a conducive environment for learning and development.
Focus on Leadership and Soft Skills: The institute emphasizes not only academic excellence but also leadership development and soft skills training. Workshops, guest lectures, and personality development programs help students build essential managerial skills.
Entrepreneurship Support: Great Lakes fosters entrepreneurship by offering incubation support, mentoring, and resources for students interested in starting their own ventures. This has led to a growing number of successful startups launched by alumni.
Alumni Network: The institute boasts a strong and growing alumni network, which provides valuable mentorship, networking opportunities, and support for current students. This global network enhances career prospects for graduates.

Notable Alumni:

Some of them are:

Srinivasan Swamy – Chairman of RK Swamy BBDO, recognized for his leadership in advertising and marketing.
Anirudh Karanjkar – Co-founder of Wow! Momo Foods, a successful fast-food chain in India.
Manoj Kumar – Vice President at Citi Group, known for his expertise in financial services and investment banking.
Kumar Saurabh – Co-founder of Café Coffee Day, contributing to the growth of the coffee retail sector in India.
Neha Mital – Senior Manager at Microsoft, focusing on product management and digital strategy.

With its commitment to quality education, experienced faculty, and comprehensive support system, Great Lakes Institute of Management one of the 9 Best MBA Colleges in Chennai stands as a premier institution for studies.

Loyola Institute of Business Administration (LIBA) - 9 Best MBA Colleges in Chennai

LIBA offers a two-year full-time PGDM program with a focus on ethical business practices and leadership. The institute is known for its strong academic curriculum, experienced faculty, and good placement records.

NIRF Ranking: Not ranked under NIRF
Fee: Approx. ₹12-14 lakhs
Organization Type: Private
Official Website: LIBA Chennai

Features:

Ethical Leadership Focus: True to its Jesuit values, LIBA emphasizes ethical leadership and social responsibility in all its programs. Students are encouraged to be socially conscious and apply ethical principles in business decision-making.
Experienced Faculty: LIBA boasts a team of experienced and qualified faculty members who bring both academic knowledge and industry experience. This helps students gain a practical understanding of business concepts.
Strong Industry Connections: The institute maintains close ties with the corporate world, offering students opportunities for internships, live projects, and industry exposure. These connections also facilitate excellent placement opportunities.
Excellent Placement Record: LIBA has a strong track record of placements with leading national and international companies recruiting from the campus. The placement cell provides students with career counseling and support throughout the job search process.

Notable Alumni:

Some of them are:

K. Radhakrishnan – Former Chairman of the Indian Space Research Organisation (ISRO), instrumental in India’s space missions.
Bala V. Balachandran – Founder of Great Lakes Institute of Management and a prominent figure in business education.
Madhavan G. S. – Senior Vice President at Cognizant Technology Solutions, known for his work in the IT services industry.
N. Ram – Former Editor-in-Chief of The Hindu, recognized for his contributions to journalism and media.
R. S. Raghavan – Managing Director at SAP Labs India, noted for his leadership in technology development.

With its holistic approach to education, experienced faculty, and exceptional track record, Loyola Institute of Business Administration (LIBA) continues to be in 9 Best MBA Colleges in Chennai

IFMR Graduate School of Business, Krea University - 9 best MBA colleges in Chennai

IFMR offers a two-year full-time MBA program with specializations in various fields. The institute is known for its strong emphasis on financial management, research-driven curriculum, and excellent faculty.

NIRF Ranking: Not ranked under NIRF
Fee: Approx. ₹12-15 lakhs
Organization Type: Private
Official Website: IFMR GSB

Features:

Industry-Relevant Curriculum: The curriculum is up to date regularly to align with enterprise traits and demands. It integrates case research, enterprise projects, simulations, and internships to provide sensible exposure and prepare university students for real-international stressful situations.
Experienced Faculty: IFMR GSB boasts a college comprising skilled academicians, organization experts, and researchers. They supply a mix of educational rigor and realistic insights into the classroom, mentoring college students and guiding them thru academic and expert increase.
State-of-the-Art Facilities: The college offers present day infrastructure which includes nicely-organized school rooms, computer labs, a specialised finance lab, and a whole library. These facilities help an enriched analyzing surroundings conducive to investigate and innovation.
Focus on Research: The school emphasizes research with committed centers that specialize in finance, economics, facts technological know-how, and sustainable improvement. Students and school engage in impactful studies tasks, contributing to educational excellence and enterprise know-how.

Notable Alumni:

Some of them are:

Kumar Rajesh – Co-founder of M/s Bridgepoint Associates, focusing on financial advisory and investment management.
Anurag Bhatia – Senior Consultant at Deloitte, specializing in management consulting and strategy.
Sukanya Kanjirath – Product Manager at Flipkart, recognized for her contributions to e-commerce and product development.
Sanjay K. Sethi – Managing Director at Sethi Group of Companies, involved in diverse business sectors.
Nikita Puri – Head of Marketing at Swiggy, known for her expertise in digital marketing and brand strategy.

With its dedication to quality education, experienced faculty, and focus on holistic development, IFMR Graduate School of Business, Krea University continues to be in 9 best MBA colleges in Chennai

SRM School of Management, SRM Institute of Science and Technology - 9 best MBA colleges in Chennai

SRM School of Management offers a two-year full-time MBA program. The institute is known for its modern infrastructure, diverse specializations, and strong placement support.

NIRF Ranking: 35 (2023)
Fee: Approx. ₹4-6 lakhs
Organization Type: Private
Official Website: SRM School of Management

Features:

Experienced Faculty: Features a team of qualified faculty members with academic and industry experience, providing students with insights into contemporary management practices.
Modern Facilities: Equipped with state-of-the-art infrastructure, including smart classrooms, computer labs, and a well-stocked library to support effective learning.
Industry Connections: Maintains strong ties with the corporate world, facilitating internships, guest lectures, and industry visits to enhance practical learning.
Practical Exposure: Emphasizes hands-on learning through case studies, live projects, and simulations to prepare students for real-world business challenges.
Student Activities: Offers a vibrant campus life with various student clubs, events, and activities focused on management and entrepreneurship.

Notable Alumni:

Some of them are:

Karthik Krishnan – Co-founder of SankalpTaru Foundation, focused on environmental sustainability and tree plantation initiatives.
Anushree Sen – Marketing Manager at HDFC Bank, recognized for her expertise in banking and financial services marketing.
Rajesh Nair – Senior Consultant at Capgemini, specializing in management consulting and digital transformation.
Shweta Gupta – HR Manager at TCS (Tata Consultancy Services), known for her work in human resource management and talent acquisition.
Vikram Singh – Director of Operations at Zomato, contributing to the growth of the food delivery industry.

With its dedication to quality education, experienced faculty, and focus on holistic development, SRM School of Management, SRM Institute of Science and Technology is in 9 best MBA colleges in Chennai

VIT Business School, VIT University - 9 Best MBA Colleges in Chennai

VIT Business School gives a two-12 months full-time MBA application with numerous specializations. It is understood for its comprehensive curriculum, experienced college.

NIRF Ranking: 17 (2023)
Fee: Approx. ₹7-9 lakhs
Organization Type: Private
Official Website: VIT Business School

Features:

Reputation: Recognized for its quality education and innovative teaching methods, aimed at producing well-rounded business professionals.
Experienced Faculty: Comprises a team of highly qualified faculty members with expertise in various business domains and substantial industry experience.
Modern Infrastructure: Features state-of-the-art facilities, including smart classrooms, advanced computer labs, and extensive libraries to support effective learning.
Industry Connections: Maintains strong links with the business community, facilitating internships, corporate interactions, and guest lectures to provide real-world insights.
Practical Learning: Emphasizes experiential learning through case studies, live projects, and simulations to enhance practical business skills.

Notable Alumni:

Some of them are:

Srinivasan K. – Co-founder of FinTech Start-Up, focusing on innovative financial solutions for businesses.
Vaishnavi K. – Senior Analyst at Cognizant, recognized for her contributions in data analytics and business intelligence.
Ajay Singh – Marketing Manager at HDFC Life Insurance, known for his expertise in financial services marketing.
Ritika Verma – HR Consultant at Accenture, specializing in human resource management and organizational development.
Nishant G. – Business Development Executive at Wipro, contributing to technology services and client relations.

With its stellar reputation, dedicated faculty, and student-centric approach, VIT Business School, VIT University continues to set the Benchmark for 9 Best MBA Colleges in Chennai

Anna University, Department of Management Studies (DOMS) - 9 Best MBA Colleges in Chennai

DOMS, Anna University offers a two-year full-time MBA program. The department is known for its rigorous academic curriculum, experienced faculty, and strong industry connections.

NIRF Ranking: 51 (2023)
Fee: Approx. ₹1-2 lakhs
Organization Type: Public
Official Website: Anna University DOMS

Features:

Experienced Faculty: Features a team of distinguished faculty members with expertise in various management disciplines and significant industry experience.
Modern Facilities: Equipped with contemporary infrastructure, including smart classrooms, computer labs, and a comprehensive library to support effective learning.
Industry Connections: Maintains strong ties with the corporate sector, facilitating internships, industry projects, and guest lectures from industry experts.
Practical Learning: Emphasizes practical learning through case studies, simulations, and live projects to provide hands-on experience in management.
Student Life: Provides a vibrant campus life with various student clubs, events, and activities related to management and leadership.

Notable Alumni:

Some of them are:

V. Shankar – Former CEO of Sify Technologies, recognized for his leadership in the IT and telecom sectors.
R. S. Sharma – Director General of TRAI (Telecom Regulatory Authority of India), known for his contributions to telecommunications regulation.
P. J. Thomas – Former Chairman of Indian Oil Corporation, noted for his impact on the energy sector.
D. J. S. Mohan – Senior Manager at HDFC Bank, specializing in financial services and banking operations.
S. Ramakrishnan – Vice President at Wipro, recognized for his work in technology consulting and business strategy.

With its stellar reputation, dedicated faculty, and student-centric approach Anna University, Department of Management Studies (DOMS) continues to set the benchmark for one of the 9 Best MBA Colleges in Chennai

Hindustan Institute of Technology and Science (HITS) School of Management - 9 Best MBA Colleges in Chennai

HITS School of Management offers a two-year full-time MBA program. It is known for its diverse specializations, modern infrastructure, and strong placement support.

NIRF Ranking: Not ranked under NIRF
Fee: Approx. ₹4-6 lakhs
Organization Type: Private
Official Website: HITS School of Management

Features:

Comprehensive Programs: Offers BBA, MBA with various specializations, and Ph.D. Packages in Management. These programs are designed to offer in-depth understanding and competencies in numerous elements of control and enterprise.
Experienced Faculty: Comprises academicians, enterprise experts, and researchers who bring practical insights into the lecture room. Faculty contributors are concerned in research and consultancy, enriching the mastering experience.
State-of-the-Art Facilities: Modern lecture rooms, laptop labs, a complete library, and committed discussion spaces. These facilities assist effective getting to know and provide college students with the resources they need.
Focus on Research: Encourages scholarly activities with facilities that specialize in entrepreneurship, innovation, and strategic control. Students and school collaborate on studies projects and post their findings in reputed journals

Notable Alumni:

Some of them are:

Gaurav Singh – Co-founder of ZingHR, a tech-driven human resource management platform.
R. S. Rajesh – Senior Engineer at Tata Consultancy Services (TCS), specializing in software development and project management.
Anusha B. – Data Analyst at Wipro, known for her contributions in data analytics and business intelligence.
Vikram S. – Product Manager at Zoho Corporation, focusing on software product development and marketing.
Harsha Reddy – Business Consultant at Deloitte, recognized for his work in management consulting and strategic planning.

With its stellar reputation, dedicated faculty, and student-centric approach Hindustan Institute of Technology and Science (HITS) School of Management continues to set the benchmark for one of the 9 Best MBA Colleges in Chennai

Madras School of Economics (MSE) - 9 Best MBA Colleges in Chennai

MSE offers a specialized MBA program with a focus on economics and finance. The school is known for its strong emphasis on research, experienced faculty, and robust academic curriculum.

NIRF Ranking: Not ranked under NIRF
Fee: Approx. ₹4-6 lakhs
Organization Type: Private
Official Website: Madras School of Economics

Features:

Collaborative Programs: The institute collaborates with universities and organizations worldwide, providing students with opportunities for international exposure and joint research projects. This enhances their understanding of global economic issues.
Cutting-Edge Curriculum: The curriculum at MSE is constantly updated to reflect the latest developments in economics and finance. Students receive training in quantitative methods, econometrics, and data analysis, equipping them with the skills needed in today’s job market.
Strong Placement Support: MSE has a good placement record, with graduates being recruited by top consulting firms, financial institutions, think tanks, and government agencies. The placement cell assists students in finding jobs that match their skills and interests.
State-of-the-Art Infrastructure: The campus is equipped with modern classrooms, research facilities, and a well-stocked library. These resources support students’ academic and research activities.

Notable Alumni:

Some of them are:

C. Rangarajan – Former Chairman of the Prime Minister’s Economic Advisory Council and a prominent economist.
Rajiv Kumar – Vice Chairman of the NITI Aayog, known for his contributions to economic policy and governance.
R. Vaidyanathan – Professor of Finance at the Indian Institute of Management Bangalore, recognized for his work in finance and economic theory.
G. Raghuram – Director of the Indian Institute of Management Bangalore (IIMB) and noted for his contributions to management education.
K. Subrahmanyam – Renowned economist and former member of the Planning Commission of India, known for his influence on economic policy.

With its holistic approach to education, experienced faculty, and exceptional track record, Madras School of Economics (MSE) continues to be in 9 Best MBA Colleges in Chennai

FAQ's

1. Which institute is best for MBA in Chennai?

IIT Madras, Great Lakes Institute of Management, and Anna University are some of the top MBA colleges in Chennai. Latest Update: The MAT 2024 registration process for the December session is open for the CBT Phase 1 exam, and the last date is Nov 30, 2024.

2. What is the cost of MBA in Chennai?

The fees for government colleges range between INR 2 lakh to INR 22 lakh, while in private colleges it can be between INR 7 lakh to INR 30 lakh for pursuing MBA courses in Chennai. The average CTC offered ranges between INR 8 LPA to INR 25 LPA.

3. What is MBA fee?

MBA fees in India ranges from INR 20,000 to INR 40 lakh for two-year full-time program.

4. Why is MBA fee so high?

Business schools invest in expert faculty. Top MBA professors often have extensive industry experience as well as strong academic credentials, and this knowledge comes at a cost.

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