Top MBA Colleges in Chennai

Introduction

Chennai is also known as the Prime hub for management education because of its top 150 + MBA Colleges. The City of Chennai provides great industry-level learning in fields of Automotive, health care, Information technology, and management, which helps students in better placement. 
There are many colleges from 150+ Top MBA Colleges in Chennai with affordable MBA fees,  Quality Education, and multiple MBA Specializations like Finance, Marketing, Human Resources, and Operations. Moreover, Chennai’s cost-effective lifestyle makes it an ideal choice for students aspiring to an MBA and high career potential.

The Best MBA Colleges to Attend in Chennai  (2024 Ranking)

Chennai's best MBA colleges according to the 2024 NIRF rankings are as follows:

MBA Colleges in Chennai with Reasonable Tuition Fees

Their Are Many Colleges in Chennai for the MBA course under 5 Lakh, including both government and private. 

Government MBA Colleges in Chennai (Under ₹5 Lakhs)

Affordability plus credibility is the winning combo of government MBA schools in Chennai:

Chennai Private MBA Colleges (Below ₹5 Lakhs)

At these private colleges, the quality of education is proportional to fees:

MBA Colleges in Chennai Without Entrance Exam

These colleges provide admission based on academic merit and work experience instead of entrance exams:

AMET University:
AMET University MBA Fees ~₹3 Lakhs; requires a 50% pass mark in a bachelor's degree for taking admission. 

Bharath Institute of Higher Education:
BIHE University Fees for MBA ~₹2.50 lakhs; Some professional work experience of 1–3 years is preferred.

SRM Institute (Ramapuram Campus):
SRM Institute MBA Fees ~₹4 Lakhs; Graduation Marks are a must for taking Admission. 

Eligibility- A Bachelor's degree with 50% marks (or 45% for reserved categories) is required.
Process: submit application on the official website, go through all the details, attend counselling, and document verification—the ideal fit for flexibility. 

Specialised MBA Programs

• MBA in Hospital Management College in Chennai:

• SRM Institute:
  - SRM Institute Offers MBA in Hospital Management specialisation with industry-level learning and top Faculty
  - SRM Institute MBA in Hospital Management fees ~₹7.50 lakhs,
  - The university offers an average placement Package of INR ₹6 LPA.

• Apollo Institute of Hospital Management: Also provides an MBA in Hotel Management with quality learning faculty.
  Apollo Institute of Hospital Management, MBA in Hotel Management Fees ~₹4 lakhs. The University focuses on healthcare leadership, ~ students can expect an average package of  ₹5 LPA.

• Finance, Marketing, Tech MBAs:

• IIT Madras: IIT Madras Is Well known for its courses like B.Tech and engineering. The University is also famous for an MBA in Finance and Marketing, with FinTech electives. IIT Madras can be the best MBA College in Finance or Marketing Specialisation. 

• Great Lakes: Great Lakes University Offers an MBA In Business Analytics and IT Management.
  These programs align with Chennai's growing healthcare, IT, and finance sectors.
  
  

How to Decide the Ideal MBA College?

Checklist:

Placements: If you want a good placement package after your post-graduation in MBA, you can give preference to colleges like IIT Madras with a per capita placement of around INR 16.93 LPA.    

Fees and ROI: Considerable returns on investment ( ROI )  can be earned from Anna University with a fee of approximately INR 82,000, but with a good Placement Package.

Location: Accessibility to industry hubs in Chennai augments the value of internship opportunities.

Accreditation: Check if UGC and AICTE have approved your dream College.

Specializations: Considered my professional preferences, like Hospital Management at Apollo.  

Glossing over reviews seems imperative, but attending alumni meetings to elucidate can help in cross-referencing.

Frequently Asked Questions

Which is the No. 1 MBA college in Chennai?
DoMS, IIT Madras, is are good Colleges in Chennai that got NIRF Rank 15 and provide  ₹16.93 LPA as average package.  

The Cheapest accredited MBA option?
University of Madras is one of the cheapest MBA options in Chennai, providing UGC-approved MBA Degree at ~ ₹50,000 INR.

Best for Hospital Management?
The Apollo Institute is Best for an MBA in Hospital management, also providing g industry-oriented curriculum and ₹5 LPA placements.  

Am I allowed to skip the CAT/MAT for the MBA in Chennai?
Yes, for colleges such as AMET and Bharath, which grant admission based on merit.

Which college provides the best ROI?
No doubt, Anna University, whose fee structure is about ₹82,000, has an Average placement Package of ₹7.5 LPA on average.  

Government or Private: Which MBA College is better?
Government MBA colleges in Chennai, such as Anna University, offer low financial investment but strong ROI, in comparison with private colleges like Great Lakes, which provide advanced facilities and placement. Both Government and Private colleges are good, but It depends on Your Priority.