Before trying to tackle this question, ask yourself whether what you are seeking is an “Ideal MBA College” or the one that fits your needs. This is because the needs and aspirations of students differ from one to another. If you are a B.Tech in telecommunication, a top of the class MBA college that offers a general MBA need not be the best one for you. Ideally you should go for a specialised MBA in telecom management. Even in that case the MBA college that offers the course may not be affordable in terms of fees or may be situated in a place where relocation may not be feasible. So, the next best thing to do is to find out a college that is the “best fit” for you. Look out for the following factors before you zero in on the best MBA college in Chennai.
The program should be recognized by AICTE in case of autonomous institutions or by University Grants Commission or Association of Indian Universities if it is offered by a university. If you are opting for private MBA colleges, you must check their approval status.
Rankings can help you decide whether the institute is worth studying at. The performance and rank of MBA colleges can be assessed on broad parameters like students, faculty, admission process and resources. The MBA course structure, design, delivery, evaluation and learning associated with are also important. The details about placements and job profiles give you a clear picture about the return of investment of doing a two-year program after paying a hefty fee.
You can check out the NIRF ranking or ranking by credible agencies like Careers360 that use verifiable data to rank institutions.
You can log on to https://www.careers360.com/compare-colleges to compare MBA colleges in terms of course, placement, accreditation and more.
Some of the best MBA colleges in Chennai are:
Department of Management Studies, IIT Madras: With an NIRF rank of 14 and a median salary of Rs. 12 lakh IIT Madras enjoys the top spot among MBA colleges in Chennai . It also has an enviable record of 100 percent placement according to NIRF 2020.
Great Lakes Institute of Management: With a rating of AAAA+ by Careers360 and a median salary of Rs. 9.5 lakh this is a much sought after MBA college by students. Its NIRF rank of 23 shows how strong the college is in graduate outcomes.
Loyola Institute of Business Administration, Chennai: Again, this is a reputed institution that has been ranked 50 by NIRF (https://www.nirfindia.org/Home) 2020 and rated AAAA by Careers360.The median salary of Rs. 9 lakh makes it a worthy contender for the top spot in Chennai.
Here’s a list of top 10 MBA colleges that have been ranked by NIRF or Careers360.
|
College Name (NIRF Ranking/ Careers360 Rating) |
Median Salary in lakh |
Course Total Fee in lakh |
|
Department of Management Studies, Indian Institute of Technology, Madras [14/AAAA+] |
12 |
19.25 |
|
Great Lakes Institute of Management, Chennai [23/AAAA+] |
9.5 |
-- |
|
Loyola Institute of Business Administration, Chennai [50/ AAAA] |
9 |
12.9 |
|
Anna University, Chennai [59/ AAA+] |
4.12 |
-- |
|
SRM Institute of Science and Technology, Chennai [AAA+] |
5.7 |
3.6 |
|
Hindustan Institute of Technology and Science, Chennai [AAA] |
3 |
3.27 |
|
SSN School of Management, Kalavakkam [AAA] |
4.75 |
2.75 |
|
Vel's Institute of Science Technology and Advanced Studies, Chennai [AA+] |
6 |
-- |
|
Vel Tech Rangarajan Dr Sagunthala R and D Institute of Science and Technology, Chennai [AA+] |
3 |
-- |
|
Rajalakshmi School of Business, Chennai [AA+] |
5.5 |
6.1 |
NIRF Rank (in figures) and Careers360 rating in brackets
Do you have any doubts on choosing the best MBA college in Chennai? You can write to admissionhelp@careers360.com
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