Best MBA Colleges in Chennai: Fees, Admission, Ranking 2025, Courses, Placements

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Best MBA Colleges in Chennai: Fees, Admission, Ranking 2025, Courses, Placements

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On Best MBA Colleges in Chennai: Fees, Admission, Ranking 2025, Courses, Placements

Q:   How many MBA colleges are there in Chennai?

A: 

There are about 150+ best MBA Colleges in Chennai. Among them, 124 MBA colleges are privately owned, 7 MBA colleges are owned by the public/government, and 1 college is owned by public-private organisations. TANCET MBA, MAT, CAT, and XAT are some of the most accepting entrance exams in the top MBA colleges in Chennai. IIT Madras, Great Lakes Institute of Management, and Anna University are some of the top MBA colleges in Chennai.

Q:   Which is the No. 1 MBA college in Chennai as per NIRF 2024?

A: 

Hi, to determine the No. 1 MBA college in Chennai, you should go through its NIRF rankings over the past three years. Listed below are some of the top MBA colleges in Chennai along with their NIRF rankings over the past three years, i.e. from 2022 to 2024:

College Names

NIRF 2022

NIRF 2023

NIRF 2024

IIT Madras Ranking

10

15

16

Great Lakes Institute of Management Ranking

31

31

34

Anna University Ranking

59

49

69

Hope this information proves beneficial for you!!

Q:   What are the affordable MBA colleges in Chennai?

A: 

It is estimated that joining MBA colleges in Chennai can be affordable as most of the colleges have their total tuition fee of less than INR 1 lakh. Listed below are some of the colleges along with their total tuition fees:

Low-cost CollegesTotal Tuition Fee
University of MadrasINR 28,000 - INR 56,000
Gojan School of Business and TechnologyINR 35,000
Loyola Institute of TechnologyINR 35,000
Rajalakshmi Engineering CollegeINR 35,000
Guru Nanak CollegeINR 46,000 - INR 51,000

READ MORE: MBA Preparation Tips

Q:   Is MBA course helpful in stock market?

A: 

Yes, an MBA course can be very helpful for a career in the stock market and finance in general. While an MBA doesn't focus solely on the stock market, it equips students with a range of skills and knowledge that are highly relevant in this field. Courses like MBA in Finance will help you gain insight about the stock market wherein you can learn about topics like financial analysis, portfolio analysis, corporate finance and strategic planning. 

While an MBA provides a solid foundation, it's important to note that practical experience, continuous learning, and staying updated with market trends are equally vital in the stock market.

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VIT Business School Chennai

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Q:   Is it worth joining MBA colleges in Chennai?

A: 

Hi, to assess the worth of joining an MBA college in Chennai, you need to go through its Return on Investment (ROI). Listed below are some of the top MBA colleges in Chennai along with their total tuition fees and average placement package:

College Name

Total Tuition Fee

Average Placement Package

IIT Madras MBA

INR 1 Lacs - INR 17 lakh

INR 16 LPA - INR 21 LPA

Great Lakes Institute of Management MBA

INR 9 Lacs - INR 11 lakh

INR 11 LPA

Saveetha Institute of Medical and Technical Services MBA

INR 7 lakh

INR 6 LPA

Loyola Institute of Business Administration MBA

INR 14 lakh

INR 11 LPA

Hindustan Institute of Technology and Science MBA

INR 3 Lacs - INR 4 lakh

INR 5 LPA

Hope this information proves beneficial for you!

Q:   What is the mode of TANCET exam?

A: 

Anna University conducts TANCET exam in an offline mode. The offline centre based exam has objective type questions to be answered on an OMR sheet. OMR or Optical Mark Recognition sheet acknowledges human-created marks on a specially printed paper. OMR sheets are commonly used in surveys, exams, etc.

Anna University evaluates the responses by all the candidates using the OMR device which scans the sheet after reflecting a light. The OMR device looks at the contrasting reflectivity of the light at certain positions on the form. Shaded areas on the form will reflect less light. Therefore, the shaded blocks are detected as the response from the test-taker.

Q:   What is the eligibility criteria for admission to MBA colleges in Chennai?

A: 

The eligibility criteria to pursue a full-time MBA course in MBA colleges in Chennai are as follows:

  • The candidate must have completed graduation in any discipline or equivalent from a recognised university
  • The candidate must have a minimum aggregate percentage of 50% in graduation. For reserved category students, the minimum aggregate percentage is 45%
  • Final-year graduation candidates can also apply for MBA provided they present the proof of completion of the Graduation degree within the duration specified by the institute

Q:   When should I start preparing for MBA entrance exam?

A: 

In the final year of graduation, preparation for an MBA begins. The majority of management aspirants begin their preparation as soon as they begin their third year of their bachelor's degree programme because it takes months to properly prepare for MBA entrance exams. However, there are a lot of challenges in preparing for an MBA entrance exam, including the lengthy syllabus, the difficulty of the questions, and the degree of competition. 

Here are some suggestions to help you study for your MBA entrance exams:

  • Study the fundamental grammatical and writing principles for the verbal segment to become familiar with the language's structure.
  • To hone their quantitative abilities, students should complete a lot of practice exams and sample papers.
    Create a schedule and follow it
  • Students should not overstress themselves and should get enough rest.
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Q:   What job profiles are available to students after completing an MBA degree?

A: 

Hi, Following an MBA, the highest-paying jobs in India range in salary from INR 5 to 30 LPA. Following are some of the well-liked post-MBA career possibilities and their associated salaries:

MBA job profiles

Average salary (INR)

Finance Manager

17.3 LPA

Marketing Manager

12.5 LPA

Sales Manager

6.6 LPA

Human Resources Manager

12.1 LPA

Operations Manager

10.7 LPA

Product Manager

20.8 LPA

Data Analytics Manager

29.4 LPA

Digital Marketing Manager

11.8 LPA

NOTE: The above mentioned salaries has been taken from Ambitionbox, therefore it may vary in future.

 

Hope this information proves beneficial for you!!

Q:   What are the top distance MBA colleges in Chennai?

A: 

There are about 20+ distance MBA colleges in Chennai. Some of the colleges are mentioned below along with their total tuition fees:

Distance MBA CollegesTotal Tuition Fee
SRM Institute of Science and Technology, KattankulathurINR 9 lakh
Institute of Distance Education, University of MadrasINR 7,000 - INR 20,000
All India Institute of Management StudiesINR 4,000 - INR 10,000
Tamil Nadu Open UniversityINR 25,000
Centre for Distance Education, Anna UniversityINR 12,000

Q:   What are the top Online MBA colleges in Chennai?

A: 

There are about 25+ best Online MBA colleges in Chennai. Some of them are mentioned below along with their total tuition fees:

Online MBA CollegesTuition Fee
Loyola Institute of Business AdministrationINR 4 lakh
Sathyabama Institute of Science and TechnologyINR 90,000
Amity University OnlineINR 2 Lacs - INR 3 lakh
Parul University OnlineINR 90,000
ONline ManipalINR 3 Lacs - INR 6 lakh

Q:   What are the various courses offered by the top MBA colleges in Chennai?

A: 

The table below shows the various courses offered by the top MBA colleges in Chennai along with their total tuition fees:

College NamesCourses OfferedTuition Fee
Great Lakes Institute of ManagementPGPMPGDM, etc.INR 9 lakh - INR 11 lakh
Saveetha Institute of Medical and Technical SciencesMaster of Business AdministrationINR 7 lakh
Hindustan Institute of Technology and ScienceMBA in Aviation ManagementMBA in Hospital ManagementMBA in Business Analytics, etc.INR 3 lakh - INR 4 lakh
University of MadrasMaster of Business AdministrationINR 28,000 - INR 56,000
SSN School of ManagementMaster of Business AdministrationINR 6 lakh
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Q:   What are the top MBA colleges accepting TANCET in Chennai?

A: 

The table below shows the top MBA colleges accepting TANCET in Chennai along with their total tuition fees:

College NamesTotal Tuition Fee
Saveetha Institute of Medical and Technical ScienceINR 7 lakh
Hindustan Institute of Technology and ScienceINR 3 Lacs - INR 4 lakh
B.S. Abdur Rahman Crescent Institute of Science and TechnologyINR 5 Lacs - INR 7 lakh
University of MadrasINR 28,000 - INR 56,000
Dr. M.G.R. Educational and Research InstituteINR 1 lakh

Q:   What is the placement package offered to MBA graduates of top MBA colleges in Chennai?

A: 

Hi, IIT Madras offered the highest placement package to MBA graduates of INR 16 LPA - INR 21 LPA. Prominent recruiters include Accenture, Cognizant, Dell, Deloitte, IBM, ICICI Bank, Morgan Stanley, P&G, Mahindra, etc. while Hindustan Institute of Technology and Science offered the lowest placement package of INR 5 LPA and the prominent recruiters participated include Infosys, Mahindra, Tata, Wipro, Polaris, Electrical Plants, etc.

Listed below are some of the top MBA colleges in Chennai along with their average placement package and the prominent recruiters:

College Name

Annual Placement Package

Top Recruiters

IIT Madras Placement

INR 16 LPA - INR 21 LPA

Accenture, Cognizant, Dell, Deloitte, IBM, ICICI Bank, Morgan Stanley, P&G, Mahindra, etc.

Saveetha Institute of Medical and Technical Services Placement

INR 6 LPA

BOSCH, TCS, JABIL, Accenture, Kaar Technologies, Capgemini.

Loyola Institute of Business Administration Placement

INR 11 LPA

BMW, Deloitte, KPMG, Dell, Dabur, SBI Life, TATA Motors

Great Lakes Institute of Management Placement

INR 11 LPA

Accenture, ADP, Brain, Bristlecone, Deloitte, Cognizant

Hindustan Institute of Technology and Science Placement

INR 5 LPA

Infosys, Mahindra, Tata, Wipro, Polaris, Electrical Plants

Hope this information proves beneficial for you!!

Q:   Which are the most important topics to focus for TANCET preparation?

A: 

Hi, TANCET sections include Questions from Business situations, Comprehension Passage, Graduate level Mathematics, Determining Data Sufficiency, English Language. The important topics to focus while preparing for TANCET are same as CMAT. Here are few tips which you should consider while preparing for TANCET. 

1) Try preparing all the topics listed in the official syllabus. Leaving any topic will risk your chances of obtaining a high score. However, at the last minute, avoid picking up a new topic.

2) Candidates should choose or select the appropriate study material so that they can easily understand it and it will help them to understand the structure of the exam. Negative marking is applicable in the test.

3) Therefore, another TANCET MBA preparation tip is to avoid guesswork. Mark the answers which you are sure of else leave them unanswered. The candidates must concentrate on enhancing their vocabulary as they will have to answer different questions in this section of the exam. Read the newspaper on a daily basis, it will help you prepare for the further rounds of admission. Hope it helps.

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Q:   Does an MBA require Class 12 marks?

A: 

The requirement for Class 12 marks (or equivalent high school qualifications) for MBA admissions can vary depending on the university or business school. Some MBA programs may require you to submit your Class 12 transcripts or equivalent as part of the application process, while others might prioritize undergraduate or bachelor's degrees and might not emphasize high school marks as heavily.

However, it's important to note that while Class 12 marks might not be the primary focus for many MBA programs, they could still be considered part of the overall academic evaluation, especially if you have limited work experience or if the programme considers a holistic view of your educational background.

Q:   Is Great Lakes Chennai good for Management education?

A: 

Yes, Great Lakes Chennai is a good choice for an MBA The institute is accredited by AMBA and SAQS and also has national accreditation from N AICTE. The institute offers various programs such as PGDM-BM, PGDM-PPM, and MPGDM-BA. The specializations offered are Marketing, Organizational Behaviour, General Management, Information Management, Finance, and Accounting, Human Resource Management Strategy, and Operations Management. The total fee for an MBA at Great Lakes Chennai is nearly 17.65 Lakhs. The Great Lakes Chennai is ranked 31 by NIRF. The placement record of the college is also quite good and offers a good placement. The highest placement is 46 LPA and the average package is INR 14.5 LPA.

Q:   What is the scope of MBA?

A: 
A lot of Multinational companies are investing huge financial amount in our country And, also many National companies who have invested heavily in the projects want qualified people A candidate who is prepared for responsibilities. A candidate who is prepared to work efficiently and diligently. If a candidate wants to learn about the business and management skill he/she opt for MBA course. And these MBA courses prepared students and inculcated many skills which are needed in corporate work. MBA courses if done from the institute which actually inculcated skills than student get high position and salary in any field. MBA candidates are required in Every field whether it is Financial, FMCG, Insurance and Medical or any other field. All the reputed institutions in the field provide placement and candidate can expect high salary like from 6,00,000/- to 15,00,000/- per annum. But a lot depends on the institution and personal capability. TOP TEN MBA COLLEGES RANK WISE 1. IIM - AHMEDABAD 2. IIM - BANGALORE 3.IIM - CALCUTTA 4. XLRI - JAMSHEDPUR 5. IIPM 6. FMS- DELHI 7. IIM - INDORE 8.IIM - LUCKNOW 9 ISB - HYDERABAD 10. IIM KOLKATTA
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