Top MBA Colleges in Chennai 2024

The number of students seeking admission into management colleges has evolved significantly over the last few years. The essence of management is omnipresent, which is why every sector out there calls for personnel who are skilled in the dynamics of management and are potentially capable of deploying resources, knowledge, and efforts in the right direction.  This is where the need for learning and studying in top-level B schools come into play. For this, a great number of aspirants have turned to South India because of factors like better scope of employment, numerous opportunities, infrastructure, development as well as the establishment of prestigious Institutions there. 

Chennai stands as one of the most prominent cities because of the presence of the leading Indian Institute of Technology there. This institution stands first in Chennai and 14th in India according to NIRF for pursuing postgraduate degrees like Master of Business Administration and Post Graduate Diploma in Management. 

Top Management Colleges in Chennai (NIRF Ranking)

National Institute of Ranking Framework, also called NIRF is a unit founded by the Ministry of Education and authorized by the Ministry of Human Resources Development, Government of India. The sole purpose of the establishment of this body is to provide ranks to different academic institutions up and running in India. The assimilation of these ranks has made it easier for students to classify and choose the college that fits their course, also keeping in mind the prestige. These ranks depend on components such as teaching quality, the level of research conducted by an institute, importance given to outreach socially and politically etc.

As per NIRF Ranking 2020, following management colleges in Chennai have been included in the list; their details are as follows: -

 Top Management Colleges in Chennai (Careers360 Ranking)

The level of quality of education makes a huge impact on the career prospects of the candidate's life. This calls for an added significance in a candidate's decision to excavate the most suitable college. This process is sometimes tedious for the candidates, which is why after NIRF, careers360 has also released their own list to deliver an authentic ranking range to colleges in various cities. In Chennai, there are two colleges which have been scored and ranked as top colleges to either pursue MBA or PGDM. 

Top Management Colleges in Chennai (Based on Course Fee)

Management courses in Chennai are less expensive than Management courses in various other cities.  Due to this, it gets very feasible for candidates to pursue postgraduate courses in management within a minimum affordable range. Unlike other Management courses that go up to as high as 25 lakh, Management courses in Chennai at maximum go up to only 8 lakhs in top institutions like IIT. Following is the list of top management colleges in Chennai along with their course fee: -

Top Private Management Colleges in Chennai with their Course Fee

Top Public Management Colleges in Chennai with their Course Fee

Top Management Colleges in Chennai (Based on courses/specialization)

1.    Top Executive MBA Colleges in Chennai

• Department of management studies Indian Institute of Technology 

• Indian Institute of knowledge management

• Indian Institute of business management and administration

• St Britto's college

2.    Top MBA in Hospitality Management Colleges in Chennai

• MOP Vaishnav College for women

• Sri Ramachandra Institute of higher education and research 

• Hindustan Institute of Technology and Science

• Saveetha Institute of Medical and Technical science

3.    Top PGDM Colleges in Chennai

• Crescent School of Business

• Madras School of Economics

• Chennai Business School 

• Indian Institute of knowledge management 

4.    Top MBA in Finance Management Colleges in Chennai

• Guru Nanak College 

• Ethiraj College for women

• Hindustan Institute of Technology and Science 

• Saveetha Institute of Medical and Technical science

Admission process for the top management colleges in Chennai

In order to secure admission at the top management colleges in Chennai, the candidates have to undergo a specified selection process. Some stages of the selection process are conducted on a national basis while other steps are completed by the institution itself. The brief admission process for top management colleges in Chennai is as follows: - 

• Candidates should have qualified their class 12th exams in any stream from a recognized school education board. Candidates must have scored at least 60% marks in the board examinations. 

• Candidates must have completed their undergraduate studies from a recognized university with at least 50% marks in aggregate. Final year candidates can also apply for admission but the admission will be finalised only after the results for the final year are released.

• For ensuring admission into management colleges in Chennai, the candidate must obtain minimum expected marks in relevant entrance exams.

• Then the candidates must appear for an acceptable entrance examination and score the required percentile/marks to be called for the GD/PI round.

• Based on the performance of the candidates in the GD/PI round and verification of documents, the offer of admission will be provided. The admission will be finalized only after the required fee has been paid and documents submitted before the due date.

Frequently Asked Questions (FAQs)

1. What are the options available for me to start a career in management in Chennai?

Chennai is one of the fastest growing     metropolitan cities of India and hosts offices and factories for various industries. Hence, candidates can look for employment opportunities with private companies as well as public sector entities.

2. Which is the best college in Chennai to pursue an MBA with specialization in Aviation Management courses, and what is the eligibility criteria?

Master of Business Administration in Aviation Management is offered by Hindustan Institute of Technology and Sciences.  This is a 2-year postgraduate program fee of 5.68 lakh rupees.  The eligibility criteria are that the candidate must have pursued a bachelor's degree in any of the following courses- BCom, BBA, BISM, BBM, BSc mathematics, BSc physics, BA economics, BTech, and BCA.

3. List some of the few entrance examinations that can help in securing admission in postgraduate management degrees in Chennai.

Some of the most common entrance exams for postgraduate management degrees offered by management colleges in Chennai are CAT, MAT, CMAT, TANCET, XAT, GMAT, ATMA, etc.

4. What are the minimum and maximum fees of the colleges in Chennai offering postgraduate degrees in management?

The maximum fees of the colleges in Chennai offering postgraduate degrees in management go up to as high as 12 Lakh and the minimum fees of the colleges in Chennai offering postgraduate degrees in management range between 40K to 50K.

5. List out some of the colleges in Chennai that offer postgraduate management courses and have affordable fees?

Colleges in Chennai that offer excellent management education at affordable prices are: University of Madras, Mohamed Sathak College of Arts and Science, MOP Vaishnav College for women, Guru Nanak College, GKM College of Engineering and Technology and TJ Institute of Technology to name a few.

6. Are there any scholarships available for students at MBA colleges in Chennai? 

Yes, various scholarships are offered to the students at MBA colleges in Chennai on need-cum-merit basis. Students must get in touch with the institute to get updated details regarding the same.

7. Which are the most popular specializations for an MBA degree in Chennai? 

Some of the most popular specializations for an MBA degree in Chennai are Human Resources, Finance Management, Information Technology, and Operations Management. 

8. Is pursuing a postgraduate diploma in management as good as a regular MBA program? 

In most cases there is not a lot of difference in the course curriculum and career scope after completing an MBA or a post graduate diploma. The only difference is that an MBA degree is awarded only by universities or deemed to be universities and PGDM can be offered by institutions and colleges as well.

9. Which is the highest-ranked management college in Chennai accepting CAT as an entrance exam? 

IIT Madras is a very prestigious institution that accepts CAT scores for students seeking admission into MBA programs. The Department of Management Studies in IIT is known for its faculty and placement.

10. How many top management colleges are there in Chennai?

According to careers360, there are a total of 127 top-level management colleges in Chennai. Out of these, 109 are private colleges, and 18 are public/government colleges.