The city of Madras or Chennai as we know it today is known as the gateway to South India. The
automobile industry earned it the title of Detroit of India and lonely planet named Chennai in the
top ten cities of the world to visit in 2015. Besides the delicious south Indian food these folks
also know the value of good education and hence we are here covering the best MBA college of
Chennai, so stay with us while we travel down to South and uncover the finest B Schools there.
Chennai has some great educational institutes and some of them are in hall of fame for
- Department of Management Studies - Indian Institute of Technology Chennai
- Institute for Financial Management and Research ( IFMR )
- Great Lake Institute of Management
Chennai have some good government MBA colleges such as DoMS IIT Chennai, Department of
Management Studies - Anna University and Institute of Financial Management and Research
which is an Institute of National Importance declared by Indian ministry of human resource
The most popular private MBA colleges in Chennai are Loyola Institute of Business
Administration, SRM University and Great Lake Institute of Management.
DoMS IIT Chennai is autonomous as well as IFMR, their degree is approved by AICTE and they
are accredited by NAAC as excellent institutes, All other colleges have to be approved by AICTE
to conduct full time MBA degree, so be sure to check that.
Chennai has two universities, Anna University which affiliates 5 colleges and Madras University
which affiliates 6 colleges.
The fee structure for most coveted colleges in Chennai is as follows.
DoMS IIT Chennai 4.25 lakhs, SRM University 5 lakhs, DoMS Anna University 22,000 (Most
Inexpensive), Loyola 8.74 lakhs, IFMR 12 lakhs, Great Lake Institute of Management 16.5 (Most
Loyola accepts CAT, XAT. DoMS IIT Chennai accept CAT, MAT, GMAT. DoMS accept TANCET
MBA (State Board Exams). IFMR accept CAT, XAT, GRE, GMAT, CMAT. Great Lake accept CAT,
XAT, CMAT, GMAT and SRM accepts MAT, XAT, GMAT scores.
Chennai offers a wide array of MBA, PGDM, PGPEX and Part time MBA. Full Time MBA has a
time span of 2 years while part time MBA take 3 years to complete. PGPEX is intended for
executives looking forward to learn the nuances of leadership and management, the program
has a time duration of 1 year.
Apart from HR, FINANCE, MARKETING and General business administration, DoMS IIT Chennai
offers a PGPEX - Visionary Leadership in Manufacturing (VLM), IFMR offers specialization like
Financial Engineering, Development and Sustainable Finance. Great Lake Institute of
Management has courses in Business Analytics as PGDM.
Placement wise DoMS IIT Chennai stands tall with acreage of 9 lpa and highest of 14 lpa, IFMR
has average compensation of 6 lpa and highest of 12 lpa. Loyola has average CTC of 8.5 lpa
and highest of 15 lpa. Great Lake Institute of Management has average CTC of 11.43 lpa and
highest of 32 lpa, and according to officials there are 9 international placement offers.