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5 Best MBA Colleges in Chennai

Written by Team Urban Tree

The most popular reply to the question: “What Next??” posed to any graduate student in India will be an MBA. Considering the recent trend in the education sector, a lot of students prefer to take up MBA for their post- graduation and the biggest challenge that they face is in the selection of a good MBA college. Before you finally pick a college, there are a lot of things you need to check on- the placements, the exposure, peer groups and a lot more. According to a recent study by IndiaCollegeSearch, popularity of MBA is in the more populous cities of India. Hence, we bring you a list of top 5 best MBA institutes located in Chennai.

1. Department of Management Studies, IIT Madras

It is a B-school under IIT Madras in Chennai. The MBA program started in 2001 and is doing exceptionally good. IIT Madras offers a two year Full- time MBA program consisting of a total of four semesters. Salary packages for final placements is an average of 10.4 LPA going as high as high of 17.5 LPA. Admissions for regular candidates is from CAT or they should be an IIT Graduate who has obtained CGPA 8 and above. the institute also has a sponsorship program for its aspirants.



2. Great Lakes Institute of Management

Founded in 2004, Great Lakes has been ever since known for the exposure it provides to its students. It has associations with some of the top universities around the world. Great Lakes promise students a world-class learning experience. The college has constantly been in the rankings for the past years for its excellent offerings. They have pretty good pay packages with an average of 9.02 LPA for final placements with a maximum of 16.5 LPA. Corporates like Axis Bank, Dell, Cognizant, Delloite visit the campus to name a few. Banking and Financial services was the largest recruiting sector followed by IT/ITES. Pre-Placement offers were made by ACT, Bajaj Finserv, Crayon Data, Dell, Ford, and Michelin.

Great Lakes has both Full- time and Executive MBA courses for its aspirants. All Applicants are required to appear for GMAT/CAT/XAT/CMAT/MAT before applying to Great Lakes. Bachelor’s degree in any discipline is mandatory.

MBA at Great Lakes

MBA at Great Lakes

3. Loyola Institute of Business Administration

Founded in 1979, LIBA is one of the oldest and top colleges in Chennai to get an MBA. Right from the style of delivering education to getting top- notch companies for placement programs, LIBA guarantees quality. The learning methods provided are very useful targeting more involvement from the students. Courses are offered in Full-time, Part- time and Executive MBA. LIBA has a final placement package average of 8LPA and the summer internship package around 16K per month, attracting more professionals to the college.  For admissions, the aspirants have to appear for CAT/ XAT entrance examinations.

LIBA Chennai

LIBA Chennai

4. Institute for Financial Management and Research

IFMR is a leading business school with the sole objective of molding ambitious young men and women into competent and socially responsible future organizational leaders. Established in 1970 as a not-for-profit organization, IFMR was initially sponsored by ICICI, the House of Kothari’s and other large corporates. Crisil has ranked IFMR with A++ on the basis of faculty, programmes and their facilities. Students have been place for diverse fields with interesting job roles and attractive packages. Students have been placed in roles like Analytics, Business Analysis, Business Consulting, Corporate Finance, Customer Relationship and Derivative Pricing. IFMR has an average final package of 8 LPA and a highest of 12.5 LPA. Accenture, Deloitte, shell, Vedanta, Cognizant, TCS, TAFE, Genpact are some of the major recruiters visiting the campus for recruitment.

IFMR B- school

IFMR B- school

5.  VIT B school

VIT Chennai is a globally engaged, competitive, research-oriented university campus positioned to respond to major industrial, economic, social and environmental demands and challenges. The highlight of the college is that they have students from over the globe under one roof making the learning process more fruitful. State Bank of India is their major recruiter and has recruited students with a package of around 8.5 LPA. Companies like CTS, HCL Technologies and Khazana Jewellery have recruited the students with packages around 5.25 LPA.

Admissions are through CAT/MAT/XAT/GMAT Scores followed by a regular Group Discussion and Personal Interviews.

MBA at VIT Chennai

MBA at VIT Chennai

Now you have these top colleges, make your wise choice 😉

Also, if you have anything on your mind – please feel free to share in the comment section below.

About the author

Team Urban Tree

Urban Tree are the creators of magnificent homes in Chennai. Urban Tree is committed to creating world-class homes featuring innovative new styles that are meticulously integrated into every aspect of modern day living.

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