Chennai is a major education center in South India that provides high-standard MBA courses through the best universities and B-schools. Ranging from government institutions such as DoMS IIT Madras to high-reputation private colleges like Loyola Institute of Business Administration (LIBA), students have enough options depending on entrance tests such as CAT, XAT, TANCET, MAT,CMAT, and so on.
Top MBA Colleges in Chennai – NIRF & Outlook Rankings
College Name | NIRF 2024 Rank | Outlook 2024 Rank | Type | Affiliation |
DoMS, IIT Madras | 10 | 9 | Public | Indian Institute of Technology |
Loyola Institute of Business Administration | 68 | 32 | Private | Affiliated to University of Madras |
Great Lakes Institute of Management | 31 | 15 | Private | Autonomous |
SRM School of Management, SRMIST | 90–100 band | 65 | Private | Deemed University |
VIT Business School (VIT Chennai) | 95–100 band | 60 | Private | Deemed University |
Institute for Financial Management and Research (IFMR-GSB) | 42 | 25 | Private | Krea University |
Anna University – DMS | 79 | 48 | Public | Anna University |
MBA Courses Offered
College Name | Programs Offered | Duration |
DoMS IIT Madras | MBA, EMBA | 2 Years |
LIBA | PGDM, Executive PGDM | 2 Years |
Great Lakes Institute | PGDM, PGPM, Executive MBA | 1–2 Years |
SRM School of Management | MBA, Integrated MBA | 2 Years |
VIT Business School | MBA | 2 Years |
IFMR-GSB | MBA, PhD | 2 Years |
DMS, Anna University | MBA | 2 Years |
Fees Structure (Approx.)
College Name | Total Fees (INR) |
DoMS IIT Madras | ₹8.0 Lakhs |
LIBA | ₹15.3 Lakhs |
Great Lakes Institute | ₹20.5 Lakhs (PGPM) |
SRM School of Management | ₹5.0 Lakhs |
VIT Business School | ₹7.0 Lakhs |
IFMR-GSB | ₹14.5 Lakhs |
DMS, Anna University | ₹2.0 Lakhs |
Entrance Exams Accepted
College Name | Entrance Exams Accepted |
DoMS IIT Madras | CAT |
LIBA | CAT, XAT, CMAT, MAT |
Great Lakes Institute | CAT, XAT, CMAT, GMAT |
SRM School of Management | SRMJEEM, CAT, MAT, XAT |
VIT Business School | VITEEE, CAT, XAT, NMAT, MAT |
IFMR-GSB | CAT, XAT, NMAT, GRE, GMAT |
DMS, Anna University | TANCET |
Cutoff Scores (Latest Trends)
College Name | CAT/XAT Percentile | TANCET Cutoff (if applicable) |
DoMS IIT Madras | 90+ percentile | N/A |
LIBA | 80+ percentile | N/A |
Great Lakes Institute | 80–85 percentile | N/A |
SRM School of Management | 60–70 percentile | N/A |
VIT Business School | 65–70 percentile | N/A |
IFMR-GSB | 75+ percentile | N/A |
DMS, Anna University | N/A | 96–98 marks |
Placement Highlights (2026 Batch)
College Name | Average CTC (INR) | Highest CTC (INR) | Top Recruiters |
DoMS IIT Madras | ₹16.6 LPA | ₹28 LPA | BCG, EY, Amazon, McKinsey |
LIBA | ₹10.5 LPA | ₹20 LPA | Deloitte, KPMG, HDFC Bank |
Great Lakes Institute | ₹14.0 LPA | ₹34 LPA | Bain, Accenture, HUL |
SRM School of Management | ₹5.2 LPA | ₹10 LPA | TCS, Infosys, HDFC |
VIT Business School | ₹6.0 LPA | ₹12 LPA | Cognizant, ICICI, ZOHO |
IFMR-GSB | ₹11.5 LPA | ₹22 LPA | HSBC, JP Morgan, Barclays |
DMS, Anna University | ₹4.5 LPA | ₹7.5 LPA | Ashok Leyland, Cognizant |
Popular Specializations Offered
College Name | Specializations Available |
DoMS IIT Madras | Analytics, Marketing, Finance, Operations, HR |
LIBA | Marketing, HR, Finance, General Management |
Great Lakes | Business Analytics, AI & ML, Marketing, Finance |
SRM | Finance, HR, Marketing, Logistics, IT |
VIT | Finance, Marketing, HR, Operations, Business Analytics |
IFMR-GSB | Financial Engineering, Quantitative Finance, Business Analytics |
DMS, Anna University | General MBA (Choice-based specialization in Year 2) |
ROI – Return on Investment Analysis
College Name | Total Fees (₹ Lakhs) | Average Placement (₹ LPA) | ROI Status |
DoMS IIT Madras | 8 | 16.6 | ★★★★★ (Excellent) |
LIBA | 15.3 | 10.5 | ★★★★ (Good) |
Great Lakes | 20.5 | 14 | ★★★☆ (Moderate) |
SRM | 5 | 5.2 | ★★★★ (Good) |
VIT Business School | 7 | 6 | ★★★☆ (Moderate) |
IFMR-GSB | 14.5 | 11.5 | ★★★★ (Good) |
DMS, Anna University | 2 | 4.5 | ★★★★★ (Excellent) |
Final Thoughts
Top Picks:
- For IIT-brand MBA: DoMS IIT Madras.
- For ROI & Finance-focused careers: IFMR-GSB.
- For Analytics & AI specializations: Great Lakes Institute.
- For Affordable MBA: DMS Anna University (via TANCET).
Conclusion
An excellent environment for MBA education is provided by Chennai, a significant industrial and IT center in South India. The city is home to a mix of prestigious private B-schools like Great Lakes Institute of Management, reasonably priced public universities like the University of Madras, and elite institutions like IIT Madras-DoMS. Chennai has emerged as a top destination for MBA candidates, particularly in the southern region, thanks to its strong industry connections, steadily improving placement records, and specialization offerings in business analytics, marketing, human resources, and operations.
FAQs
Which is the best MBA college in Chennai?
The best MBA school in Chennai is IIT Madras’ Department of Management Studies (DoMS), which is renowned for its excellent academic standards and job placements.
What are the most accepted entrance exams in Chennai for MBA?
Commonly accepted exams include CAT, XAT, CMAT, MAT, and TANCET (for government colleges).
- IIT Madras – CAT
- Great Lakes – CAT/XAT/GMAT/CMAT
- Anna University & Others – TANCET
Which MBA colleges in Chennai offer the best ROI?
Anna University – Department of Management Studies and University of Madras offer excellent ROI due to low fees (~₹1–2 Lakh) and decent placements.
Are there good private MBA colleges in Chennai?
Yes. Top private B-schools include:
- Great Lakes Institute of Management
- Loyola Institute of Business Administration (LIBA)
- SRM School of Management
What are the top MBA specializations offered in Chennai colleges?
Popular specializations include Finance, Marketing, Business Analytics, HR, Operations, and AI/Data Science (at Great Lakes).
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