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Chennai is home to several top MBA colleges where candidates can pursue and complete their higher education. It has more than 10+ top MBA colleges, out of which some are privately owned and some publicly/government colleges. All these colleges offer MBAs which are full-time courses. However, to get into any of these colleges, one must clear any of these MBA entrance exams such as CAT, XAT, CMAT or any other. Based on the ranking, one will get to decide the desired college. To learn more about the top MBA colleges in Chennai, we have compiled a blog which will provide you with all the information.
Table of Contents
Top MBA Colleges in Chennai with NIRF Ranking
There are several top MBA colleges in Chennai which offer this degree to students who want to pursue their higher education. However, the only way to get into this path is to take the entrance exam, get a good rank and then get to choose the college of your choice. Similarly, we have compiled a list of top MBA colleges in Chennai along with their NIRF ranking from which you can choose.
| Name of College | NIRF Ranking (2023) | Average MBA Fees (In Lakhs) |
| IIT Madras | 15 | Around INR 10 Lakhs |
| Anna University | 49 | INR 41,000 |
| Great Lakes Institute of Management | 31 | INR 9 – 11.2 Lakhs |
Top Private MBA Colleges in Chennai
Below is the list of colleges which are privately run by Chennai and offer an MBA degree. We have also mentioned their fees and the entrance exam that is accepted to get admission.
| Name of College | Entrance Exam Accepted | Fees (In Lakhs) |
| Loyola Institute of Business Administration | CAT, XAT | INR 14 Lakhs |
| Hindustan Institute of Technology and Science | XAT, CAT, CMAT, HITSCAT | INR 4 Lakhs |
| Great Lakes Institute of Management | CMAT, CAT, XAT | INR 9 – 11 Lakhs |
| Saveetha Institute of Medical and Technical Services | TANCET MBA, CAMT, CAT, XAT | INR 7 Lakhs |
Also Read: Top MBA Colleges in India
Best Public MBA Colleges in Chennai
Getting admission into a public MBA college in Chennai is a hard nut to crack. However, with proper preparation strategy and determination, anyone can get into any of these colleges. Below is the list of colleges that are public-owned and offer this degree.
| Name of College | Entrance Exam Accepted | Fees |
| University of Madras | MAT, CAT, TANCET MBA, XAT, CMAT | INR 28,000- INR 56,000 |
| IMUC | IMUCET | INR 4 Lakhs |
| College of Engineering, Anna University | TANCET MBA | INR 35,000 |
| IIT Madras | CAT | INR 1 Lakh – 17 Lakhs |
Also Read: Anna University MBA Admissions 2024: Fees, Procedure
Top MBA Colleges in Chennai Without Entrance Exam
Did you know that you can study MBA without taking any entrance exam? Well, it sure is possible. Check out this list.
| Name of College | Fees (In Lakhs) |
| HITS Chennai | — |
| Velammal Engineering College | INR 0.7 Lakhs |
| Crescent School of Business | INR 7.14 Lakhs |
| Natesan Institute of Co-Operative Management | INR 0.79 Lakhs |
| Bharath Institute of Higher Education and Research | INR 2 Lakhs |
Top MBA Colleges in Chennai With Low Fees
If you are looking for a cheaper option, then these are the best colleges for you to pursue an MBA degree. These are the colleges which offer this course at a very reasonable fee.
| Name of College | Fees (In Lakhs) |
| SSN School of Management | INR 5 Lakhs |
| IIKM Business School | INR 3 – 4 Lakhs |
| Rajalakshmi School of Business – RSB | INR 6 Lakhs |
| Sri Ramchandra Institute of Higher Education and Research | INR 4 Lakhs |
| Xavier Institute of Management and Entrepreneurship (XIEM) | INR 7 Lakhs |
Top MBA Colleges in Chennai: Eligibility Criteria
It is quite evident that the eligibility criteria for all the colleges will differ from college to college. Accordingly, we have compiled a generic list of criteria that are required by all the MBA colleges in Chennai.
- The candidate must have completed their graduation in any discipline from a recognized university.
- The candidate must have a minimum aggregate percentage of 50 per cent in graduation. Those belonging to the reserved category must have a minimum aggregate of 45 per cent.
- Finally, final-year students can also apply for an MBA provided they present the degree after the completion of the degree.
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| XAT Score vs Percentile 2024 | How to Prepare For MAT |
ROI of Top MBA Colleges in Chennai
Return on Investment (ROI) is also very important for students as it benefits them after the completion of their degree. Here is the ROI for all the graduates passing from the following colleges.
| Name of College | Average Placement Package (In Lakhs) | Fees (In Lakhs) |
| Great Lakes Institute of Management | INR 11 Lakhs | INR 9 – INR 11 Lakhs |
| IIT Madras | INR 16 – INR 21 Lakhs | INR 1 – INR 17 Lakhs |
| Loyola Institute of Business Administration | INR 11 Lakhs | INR 14 Lakhs |
| Saveetha Institute of Medical and Technical Services | INR 6 Lakhs | INR 7 Lakhs |
| Hindustan Institute of Technology and Science | INR 5 Lakhs | INR 3 – INR 4 Lakhs |
Keep in mind that the above-mentioned data can always vary from time to time.
Why Choose Chennai for MBA?
Chennai is a great option for students who wish to pursue an MBA degree. One must note that pursuing this degree not only opens gates to several opportunities but also exposes the student to skills which they get to learn daily. Here are some reasons why Chennai is a great option to study MBA.
Safe and Affordable
Chennai is considered to be a lot safer than other cities. It also has a great affordable food, and transport system which is great for students who wish to commute every day.
Work Opportunities
The city has a lot of growth and work opportunities after completing the MBA degree. It is assumed that an MBA graduate will never fall short of options while looking for a job.
Top-Business Schools
Lastly, Chennai is home to some of the best business schools in the country which offer great infrastructure, renowned faculty and much more.
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| 1 Year MBA in India | Different MBA Streams |
| MBA for Working Professionals | MBA in Delhi University |
| MBA After BSc | Doing A PhD After an MBA |
FAQs
Colleges like Great Lakes Institute of Management, Anna University, and IIT Madras are some of the colleges that are great options.
SRM College is great for pursuing your education as it has great placement opportunities.
IIT Madras is considered to be the best college for pursuing an MBA degree in Chennai.
This was all about the top MBA colleges in Chennai and their rankings. Hopefully, you have found the information you were looking for. Stay tuned for more such informative reads on the Indian university page of Leverage Edu.