Top MBA Colleges in Chennai
December 10, 2024 2024-12-19 7:35Top MBA Colleges in Chennai
Top MBA Colleges in Chennai: Rankings 2024, Admissions, Fees, Courses, Salaries, and Placements
Chennai is home to four prominent MBA colleges, all privately managed. These institutions accept scores from various entrance exams, including TANCET, CAT, CMAT, and XAT. Notable colleges offering MBA programs in Chennai include the Great Lakes Institute of Management, Saveetha Institute of Medical and Technical Sciences, and the Hindustan Institute of Technology and Science.
Latest Updates on MBA Admissions and Exams
- ATMA 2025 (December Session): Registration is now open for MBA, PGDM, and MMS courses, with the last date to apply being December 11, 2024. The exam is scheduled for December 22, 2024.
- MAT 2024 (December Session): Registration is ongoing for the CBT Phase 2 exam, with applications closing on December 15, 2024. The MAT PBT and CBT Phase 2 exams are set for December 14 and December 22, 2024, respectively.
- XAT 2025:The registration deadline has been extended to December 10, 2024. Interested candidates can apply on the official website. The XAT 2025 exam is scheduled for January 5, 2025.
- CAT 2024:The answer key has been released, and candidates can access it using their login credentials. The CAT 2024 result is expected by December 20, 2024.
- MAH CET 2025: The Maharashtra State CET Cell has announced that the MAH MBA CET 2025 will take place on March 17, 18, and 19, 2025. Registrations will open in February 2025.
- CMAT 2025:Registration is currently open for MBA, PGDM, and MMS courses. The last date to apply is December 13, 2024, with the exam scheduled for January 25, 2025.
- NMAT 2024: The exam is being conducted from November 5 to December 20, 2024.
Top MBA Colleges in Chennai: Highlights 2024
An MBA is a comprehensive two-year postgraduate program that focuses on essential and advanced management concepts. Popular MBA specializations include Finance, Marketing, Human Resources, Operations, Business Analytics, and more. This degree enhances managerial skills, broadens career opportunities, and equips individuals for leadership roles.
Key Highlights of MBA Colleges in Chennai:
| Parameters | Details |
|---|---|
| Number of Colleges | 4 |
| Annual Fees | INR 3-5 lakh: 1 college INR > 5 lakh: 3 colleges |
| Top Specializations | Finance, Human Resources, Sales and Marketing, Operations, Business Analytics, etc. |
| Accepted Exams | CAT, XAT, CMAT, TANCET, etc. |
Disclaimer: Information is sourced from official websites and may vary.
Top MBA Colleges in Chennai: Eligibility Criteria
Below are the general eligibility requirements typically followed by MBA colleges in Chennai:
Educational Qualification:
- Candidates must have completed a bachelor’s degree in any discipline or its equivalent from a recognized university.
Minimum Marks Requirement:
- Most institutions require a minimum of 50% aggregate marks or an equivalent CGPA in graduation.
- For reserved category candidates, a relaxation of 5% is provided, requiring a minimum aggregate of 45% or equivalent CGPA.
Entrance Exam Requirements:
- Admissions are also based on scores obtained in recognized entrance exams, including:
- TANCET
- CAT
- CMAT
- XAT, among others.
- Admissions are also based on scores obtained in recognized entrance exams, including:
These criteria may vary slightly across institutions, so candidates are encouraged to review specific college requirements.
Top MBA Colleges in Chennai: Exam Schedule 2024
Below are the popular entrance exams accepted by top MBA colleges in Chennai, along with their exam schedules:
TANCET MBA:
- Details: TANCET is a state-level entrance exam conducted by Anna University for various PG programs, including MBA.
- Preparation Tip: Focus on a well-structured preparation strategy involving mock tests and topic-wise revisions.
CAT (Common Admission Test):
- Details: A national-level management aptitude test for admission to MBA programs offered by 20 IIMs and over 1,200 B-schools in India.
- Structure: Divided into Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Aptitude.
- Preparation Tip: Use a phase-wise approach, regular mock tests, and thorough revision.
XAT (Xavier Aptitude Test):
- Details: A national-level management entrance examination conducted by XLRI, Jamshedpur, for MBA admissions.
- Preparation Tip: Focus on key sections like Decision Making, Verbal Ability, Logical Reasoning, and Quantitative Ability.
Exam Schedule for MBA Admissions in Chennai:
| Exam Name | Dates | Schedule |
|---|---|---|
| TANCET 2024 | 09 Mar ’24 | TANCET MBA Schedule |
| CAT 2024 | 24 Nov ’24 | CAT Schedule |
| XAT 2025 | 5 Jan ’25 | XAT Schedule |
Disclaimer: The dates mentioned are sourced from official schedules and are subject to updates. Ensure to check official websites for the most accurate information.
Entrance Exams Accepted by Top MBA Colleges in Chennai
The following table lists the most popular entrance exams accepted by top MBA colleges in Chennai, along with the number of colleges accepting each exam and their respective cutoff predictors:
| Exams | Number of Colleges | Cutoff Predictor |
|---|---|---|
| TANCET | 3 | TANCET MBA 2024 Predictor |
| CAT | 1 | CAT 2024 Predictor |
| CMAT | 1 | CMAT 2024 Predictor |
| XAT | 1 | XAT 2024 Predictor |
Disclaimer: The information above is based on the latest data from official sources. For updated details, refer to the respective exam and college websites.
Top MBA Colleges in Chennai with NIRF Rankings 2024
The National Institutional Ranking Framework (NIRF) ranks colleges annually based on various parameters such as infrastructure, placements, faculty, and academic excellence. The rankings may vary yearly depending on the institution’s performance.
Below is a table highlighting the top MBA colleges in Chennai ranked under NIRF:
| College Name | NIRF 2022 | NIRF 2023 | NIRF 2024 |
|---|---|---|---|
| Great Lakes Institute of Management | 31 | 31 | 34 |
| Saveetha Institute of Medical and Technical Services | 77 | 71 | 74 |
Disclaimer: This information is sourced from the official NIRF website and may vary. Always refer to the official NIRF site or respective college websites for the latest updates.
Top Private MBA Colleges in Chennai
The following table provides details on the top private MBA colleges in Chennai, including their tuition fees, seat intake, entrance exams, and eligibility criteria:
| Private Colleges | Total Tuition Fee/Seat Intake | Entrance Exams/Eligibility |
|---|---|---|
| Great Lakes Institute of Management Admission | INR 11 lakh | Entrance Exams: CAT, XAT, CMAT Eligibility: Graduation with 60% aggregate |
| Saveetha Institute of Medical and Technical Sciences Admission | INR 7 lakh Seats: 120 | Entrance Exams: CAT, XAT, CMAT, MAT, etc. Eligibility: Pass in Graduation |
| B.S. Abdur Rahman Crescent Institute of Science and Technology Admission | INR 5 lakh Seats: 330 | Entrance Exams: CAT, XAT, CMAT, MAT, etc. Eligibility: Graduation with 50% aggregate |
| Hindustan Institute of Technology and Science Admission | INR 3 lakh Seats: 360 | Entrance Exams: CAT, XAT, CMAT, HITSCAT, MAT, etc. Eligibility: Graduation with 50% aggregate |
Disclaimer: This information is sourced from official websites or sanctioning bodies and may vary. Always refer to the respective college’s official site for the latest updates.
ROI of Top MBA Colleges in Chennai
Return on Investment (ROI) evaluates the benefits of pursuing an MBA at a specific college by comparing the investment made in terms of tuition fees to the average annual placement package received post-graduation.
Below is the list of top MBA colleges in Chennai with their total tuition fees and annual average placement packages:
| College Name | Total Tuition Fee | Annual Average Package |
|---|---|---|
| Saveetha Institute of Medical and Technical Sciences MBA | INR 7 lakh | INR 6 LPA |
| B.S. Abdur Rahman Crescent Institute of Science and Technology MBA | INR 5 lakh | INR 4 LPA |
| Hindustan Institute of Technology and Science MBA | INR 3 lakh | INR 5 LPA |
Disclaimer: The above data is based on the latest available information. It is advisable to verify the details on the official college websites for updated figures.
Top Recruiters for MBA Graduates in Chennai
Below is a list of the best MBA colleges in Chennai along with their annual average package and prominent recruiters:
| College Name | Annual Average Package | Prominent Recruiters |
|---|---|---|
| Saveetha Institute of Medical and Technical Sciences Placements | INR 6 LPA | Cognizant, Capgemini, Virtusa, Accenture, etc. |
| B.S. Abdur Rahman Crescent Institute of Science and Technology Placements | INR 4 LPA | IDFC First Bank, Indus Life Sciences, BWL Logistics, etc. |
| Hindustan Institute of Technology and Science Placements | INR 5 LPA | Eurofins, TCS, BNY Mellon, IBM, Wipro, TCS, etc. |
Disclaimer: The above details are based on data sourced from official websites, media reports, and the NIRF portal. The information may vary, so it’s advisable to confirm through official channels.
How Affordable is Studying at Top MBA Colleges in Chennai?
Here’s a breakdown of the fee structure for top MBA colleges in Chennai:
| Fee Range | Names of Colleges |
|---|---|
| INR 3-5 lakh | Hindustan Institute of Technology and Science |
| INR > 5 lakh | Saveetha Institute of Medical and Technical Sciences, B.S. Abdur Rahman Crescent Institute of Science and Technology |
Note: Tuition fees may vary based on the chosen program, scholarships, or other institutional policies. Always check the official college website for updated details.
Specialisations Offered by Top MBA Colleges in Chennai
Below is a list of the popular MBA specialisations along with the number of colleges offering these programs in Chennai:
| Top Specialisations | Number of Colleges |
|---|---|
| Finance | 4 |
| Sales & Marketing | 4 |
| Human Resources | 4 |
| Operations | 3 |
| IT & Systems | 2 |
These specialisations are designed to cater to various industries and equip students with skills to excel in their chosen field.
Top MBA Colleges in Chennai FAQs
Q: Which is the No. 1 MBA college in Chennai as per NIRF 2024?
A: Below are the top MBA colleges in Chennai along with their NIRF rankings for 2023 and 2024:
- Great Lakes Institute of Management
- NIRF 2023: 31
- NIRF 2024: 34
- Saveetha Institute of Medical and Technical Services
- NIRF 2023: 71
- NIRF 2024: 74
Q: What is the cost of pursuing an MBA in Chennai?
A: The cost of pursuing an MBA in Chennai varies by institution. Below are some top colleges and their total tuition fees:
- Saveetha Institute of Medical and Technical Sciences: INR 7 lakh
- B.S. Abdur Rahman Crescent Institute of Science and Technology: INR 5 lakh
- Hindustan Institute of Technology and Science: INR 3 lakh
Q: Which are the top MBA colleges in Chennai without an entrance exam?
A: Below are some colleges offering MBA admissions without requiring entrance exams:
- Vel Tech Chennai: INR 1.60 lakh
- Natesan Institute of Co-Operative Management: INR 79,000
- Indian Institute of Logistics: INR 4.30 lakh
- Velammal Engineering College: INR 70,000
Q: Can I join an MBA college without appearing for the CAT exam?
A: Yes, many colleges in Chennai offer direct MBA admissions without CAT scores. Some institutions conduct their entrance exams or rely on academic performance, such as:
- TANCET
- MAT
- CMAT
Q: What are the most popular entrance exams accepted by top MBA colleges in Chennai?
A: Popular entrance exams accepted by Chennai MBA colleges include:
- TANCET: Accepted by 3 colleges
- CAT: Accepted by 1 college
- CMAT: Accepted by 1 college
- XAT: Accepted by 1 college
Q: What are the specialisations offered by MBA colleges in Chennai?
A: Below are the specialisations along with the number of colleges offering them:
- Finance: 4 colleges
- Sales & Marketing: 4 colleges
- Human Resources: 4 colleges
- Operations: 3 colleges
- IT & Systems: 2 colleges
Q: What is the mode of the TANCET exam?
A: TANCET is conducted in offline mode (pen and paper-based). It includes objective-type questions answered on an OMR sheet.
Q: Who are the top recruiters for MBA graduates in Chennai?
A: Prominent recruiters for MBA graduates in Chennai include:
- Cognizant
- Capgemini
- Virtusa
- Accenture
- Infosys
- IDFC First Bank
- Deloitte
- EY
Q: How much should I score in TANCET to get into the best colleges?
A: Based on previous trends, a 90+ percentile is required to secure admission to top colleges. Below are some colleges and their expected TANCET cutoffs:
- PSG College of Technology: 94.95
- University of Madras, Chennai: 95.76
- Thiagarajar School of Management, Madurai: 95.76
- Sri Sivasubramaniya Nadar College of Engineering: 96.87
- University Departments of Anna University: 99.41
