10 Best MBA Colleges in Chennai 2025

In this article, we will talk about some of the Best MBA colleges in Chennai, which has always been a prime city in terms of thriving industries and academic excellence.

Best MBA Colleges in Chennai

It is often called as the “Gateway of South – India” because it is rich in culture & has great business opportunities for individuals. It is generally city-known for prestigious institutions like IIT Madras’s Department of Management Studies (DOMS) and Loyola Institute of Business Administration (LIBA).

Best MBA Colleges in Chennai

Also, read the Top 10 MBA Colleges in Mumbai 2025.

Chennai is one of the best study destinations for an MBA in India due to the high standard of academics, experienced faculty, and superior connectivity to industries. Course curriculum and pedagogy give students both theoretical and practical expertise that nurtures their entire potential in fields such as IT, manufacturing, finance, health care, and many more. You may find the school’s offerings to increase awareness of global business perspectives or phenomenally detailed knowledge of the local markets in these MBA colleges in Chennai.

So let’s talk about the best options you can have from the angle of concepts, strength, specialization, and what sets them apart.

The List of Best MBA Colleges in Chennai 2025

  1. Department of Management Studies, IIT Madras (DOMS)
  2. Loyola Institute of Business Administration (LIBA)
  3. Great Lakes Institute of Management
  4. SRM Institute of Science and Technology
  5. Chennai Business School (CBS)
  6. Anna University
  7. VIT Business School
  8. ITM Business School
  9. AMET Business School
  10. Vel Tech Business School

1) Department of Management Studies, IIT Madras (DOMS)

The Department of Management Studies (DOMS) at IIT Madras is one of the 1st best MBA colleges in Chennai. Department of Management Studies (DOMS) came into being on the year 1969 by the Government of India as one of the many departments of IIT, Madras. The MBA program spans two years and primarily centers around leadership, innovation, and analytical thinking in practice and theory with case study and industry project-and-exchange opportunities.

IIT Madras

DOMS has all the benefits of the notoriety and rich resources of IIT Madras, making it most sought after by recruiters. Such an environment promises the strong commitment of the institute to academic merit and innovative research in management education. DOMS graduates get placed in the highest ranks of consulting, analytics, and leadership roles.

My cousin is an alumnus of DOMS IIT Madras. Every time I talk to him, he talks only good things about the curriculum being rigorous and the skills really sought after in the outside world. Most of it was hands-on learning from case studies and industry projects. This was how he got that extra edge which helped him grab a dream job in consulting right after finishing his degree.

Details Information
Location IIT Madras Campus, Sardar Patel Road,
Chennai ( Tamil Nadu)
Average Fees ₹8-10 Lakhs
Special Facilities Industry immersion, research-driven curriculum
Placement Packages Average ₹16-20 LPA

2) Loyola Institute of Business Administration (LIBA)

The Loyola Institute of Business Administration (LIBA) is one of the 2nd best MBA colleges in Chennai. The Society of Jesus (Jesuits) found LIBA in the year 1979 which runs a two-year full-time MBA program with specializations in finance, marketing, human resources, and analytics. The institute is mostly known for its projects in the industry, mentorship programs, and practical learning. This is one of the Top on the list of the Best MBA Colleges in Chennai.

Loyola Institute of Business Administration

Ethical learning with academic excellence therefore becomes the foundation of the Jesuit philosophy. For that reason, LIBA has given social responsibility and leadership greater importance in the development of people to become leadership professionals at various industries with integral innovation.

One of my best friend completed his degree from LIBA, and he often talks about how the institute focused most on ethical leadership in shaping his business affairs. The industry based mentorship helped him get a placement in a multinational company

Details Information
Location Sterling Road, Nungambakkam, Chennai
Average Fees ₹6-8 Lakhs
Special Facilities Industry mentorship, focus on ethical leadership
Placement Packages Average ₹10-12 LPA

3) Great Lakes Institute of Management

The Great Lakes Institute of Management is one of the 3rd best MBA colleges in Chennai. It was founded in 2004 by Dr. Bala V. Balachandran, the institute offers one-year and two-year MBA programs.

Great Lakes Institute of Management, Chennai

Known for its contemporary curriculum, global exposure, and industry-driven approach, Great Lakes strives to empower students to take on leadership roles in their professions with industry ties and hands-on experiences. With its faculty comprising international experts in addition to industry professionals, Great Lakes champions transformative education that closes the gap between theory and practice. This is one of the Top on the list of the Best MBA Colleges in Chennai.

My college batchmate who did his MBA from Great Lakes has been enthusiastic about the global exposure as well as peer learning offered by the college. For him, the global immersion programs have been extremely useful and he believes that much of his success in landing a leadership position abroad can be attributed to them.

Details Information
Location Dr. Bala V. Balachandar Campus, East Coast Rd, Manamai, Chengalpattu, Tamil Nadu
Average Fees ₹13-15 Lakhs
Special Facilities Global immersion programs, industry tie-ups
Placement Packages Average ₹12-15 LPA

4) SRM Institute of Science and Technology

SRM Institute of Science and Technology is one of the 4th best MBA colleges in Chennai, providing a highly dynamic and industry-focused curriculum. The institute was established in the year 1985 by Dr. T.R. Paarivendhar. All its programs primarily touch upon entrepreneurship and technology management, and the MBA program itself offers a great collection of its specializations pertaining to entrepreneurship and also offers a balanced education towards theory and practice in terms of the curriculum. This is one of the Top on the list of the Best MBA Colleges in Chennai.

SRM Institute of Science and Technology

SRM is committed to and has continued to sustain excellence in what it is as an institution and research-driven programs that turn out top business leaders. The university also caters to a plethora of extracurricular activities for soft skill development, which is necessary for managerial roles.

Sri Ramaswamy Memorial University (SRM) is where my buddy completed his MBA, and he can go on telling about how they are all ears to his industry-related issues in the early days and are thus able to expose him to real-life business problems. He got so much encouraged by such a college atmosphere and encouraged to think about setting up his own startup.

Details Information
Location Potheri, SRM Nagar, Kattankulathur, Chennai
Average Fees ₹4-6 Lakhs
Special Facilities Startup incubation, modern infrastructure
Placement Packages Average ₹8-10 LPA

Also, check Top 10 MBA Colleges in Hyderabad 2025.

5) Chennai Business School (CBS)

Chennai Business School (CBS) is one of the 5th best MBA colleges in Chennai, focusing on providing industry-relevant MBA programs. It was founded by reputed veterans of the industry in 2006, CBS was intended to have a pragmatic, market-oriented approach in the field of management education. Providing an all-round learning experience with a specific stress on practical skills and about entrepreneurship, it is known for the industry’s exposure offering live projects and case studies, as well as personalized attention to students.

Chennai Business School (CBS)

CBS is a famous college for placements where the best companies recruit graduates. It does have a very good placement record with the leading firms recruiting from C.B.S. With small class sizes, the College students will receive personalized attention that becomes indispensable in this extremely competitive MBA scenario. This is one of the Top on the list of the Best MBA Colleges in Chennai.

A friend of mine, a graduate from CBS, really valued the personal contact with faculty. Practical learning along with external tie-ups gave the kudos to enter the industry of marketing for him. 

Details Information
Location No. 48, 100 Feet Velachery-Taramani Road, Velachery, Chennai
Average Fees ₹3-5 Lakhs
Special Facilities Analytics focus, personalized attention
Placement Packages Average ₹6-8 LPA

6) Anna University

Anna University is one of the 6th best MBA colleges in Chennai, a government-run institution known for being oldest and most prestigious universities in the city. Dr C.N. Annadurai founded Anna University in 1978 as a state-run institution to promote higher technical education.

Anna University

The university has been known for long with an extended reputation for academic excellence and is also known for its extensive network with industries. Thus, Anna University has indeed a solid academic foundation. Anna University has a regular reputation of being the best educational institution in India.

Details Information
Location 12, Sardar Patel Rd, Anna University, Guindy, Chennai
Average Fees ₹2-4 Lakhs
Special Facilities Research-driven curriculum, industry collaboration
Placement Packages Average ₹5-8 LPA

7) VIT Business School

VIT Business School is one of the 7th best MBA colleges in Chennai, part of VIT University, a globally recognized institution. VIT Business School was established in 2007 by Dr. G. Viswanathan, who happens to be the founder and chancellor of VIT University. The business school offers an MBA program that is designed to cover innovative business practices, research exposure, and global perspectives.

VIT Business School

It is an impeccable high-tech infrastructure institution that is engaged in providing world-class management education. These management programs at VIT focus on practical knowledge, leadership development, and strategic thinking for students to excel in an ever-changing today’s business landscape.

Details Information
Location VIT University , Katpadi – Chennai Highway, Vellore
Average Fees ₹6-8 Lakhs
Special Facilities International exposure, research centers
Placement Packages Average ₹7-9 LPA

8) ITM Business School

ITM Business School is one of the 8th best MBA colleges in Chennai, a prominent name in management education. It was founded in 1991 by Dr. P.V.K. Reddy, it offers innovative management education to aspiring leaders. It’s industry-driven programs and successful records of placements have established ITM offering MBA programs with the necessary business management aptitude in the learning of students.

ITM Business School

The unusual approach of the Institute combines theoretical knowledge and practices from the industry into its education offering. ITM makes a major push toward a global education involving exposure to the international business environment.

Details Information
Location Siruseri, Old Mahabalipuram Road, Chennai 
Average Fees ₹7-9 Lakhs
Special Facilities Industry links, international exposure
Placement Packages Average ₹6-8 LPA

9) AMET Business School

AMET Business School is one of the 9th best MBA colleges in Chennai, an emerging institution offering a unique blend of maritime and management education. AMET Business School was established by Dr. S. V. Arunachalam in 1993 with a view to propagate specialized education not just in maritime studies but also in management.

AMET Business School

It has very few counterparts in Chennai that offer such specialization in courses besides the regular MBA. Students aspiring for a career in shipping, logistics, and supply chain management have much to look forward to in the school’s unique offerings and specialized programmes. This is one of the Top on the list of the Best MBA Colleges in Chennai.

Details Information
Location Kanathur, Kanathur Reddykuppam, Chennai
Average Fees ₹4-6 Lakhs
Special Facilities Maritime focus, industry partnerships
Placement Packages Average ₹5-7 LPA

10) Vel Tech Business School

Vel Tech Business School is one of the 10th best MBA colleges in Chennai, known for its high academic standards and modern teaching techniques. It was established in the year 2008 by Dr. M. S. Arumugam, Vel Tech Business School transforms aspirants into future leaders through quality education. This is one of the Top on the list of the Best MBA Colleges in Chennai.

Vel Tech Business School

Apart from having an absorbing MBA program centered on aspects of leadership, innovation, and critical thinking, this school has strong ties with industries and very good placement opportunities. The common approach with industries and skill development are some of the areas making the institution very popular among aspiring MBA candidates.

Details Information
Location Avadi-Vel Tech Road, Vel Nagar , Avadi, Chennai
Average Fees ₹5-7 Lakhs
Special Facilities Leadership training, industry connections
Placement Packages Average ₹5-6 LPA

FAQs on MBA Colleges in Chennai

What are the best MBA colleges in Chennai?

There are several institutions offering MBA programs among which are included IIT Madras (DOMS), Loyola Institute of Business Administration (LIBA), Great Lakes Institute of Management, and SRM Institute of Science and Technology. The aforementioned institutions take pride in high academic standards, excellent faculty, established relationships with industry, and a strong placement record.

What is the average fee for MBA programs in Chennai?

For different institutions, MBA fees in Chennai are quite varied. The average can be anything between ₹2 Lakhs to ₹15 Lakhs. Premium institutions such as IIT Madras and Great Lakes charge higher fees, while colleges כמו Anna University and Chennai Business School are cheaper.

What is the average placement package for MBA graduates in Chennai?

An average placement in Chennai for MBA graduates differs from one institution to another. At the top-level institutions such as IIT Madras and Great Lakes, the average salary is anything between ₹12-20 LPA. SRM University, Anna University, and other institutions will give an average of ₹5-9 LPA.

Are there any specialized MBA programs in Chennai?

Yes, there are several specialized MBA programs being offered by many institutions in Chennai. For instance, AMET Business School specializes in maritime management, VIT Business School and ITM Business School offer global exposure as well as specific industry programs such as technology management and digital marketing.

How are the placements at MBA colleges in Chennai?

The placement at MBA colleges in Chennai is generally good, as students get to meet some of the best companies in the industry from different sectors: for instance, institutes such as IIT Madras, Great Lakes, and Loyola Institute of Business Administration have very high placement percentages.

Conclusion

Chennai, the educational capital of South India, offers numerous MBA programs of exceptionally high standards. These programs will cater to the multifaceted aspirations of wannabe managers. For instance, should one require global exposure, knowledge of a particular field, or practical experience in the industry, MBA colleges in Chennai can meet those needs. The following institutions are the envy of many others: IIT Madras (DOMS), LIBA, and Great Lakes Institute of Management whose entrance standards are very high, maintain close connections to industry, and have proven track records in placement. Affordable prices and quality education are offered by other universities like Anna University and SRM Institute of Science and Technology.

No matter how specific or varied your specialization or career goal is, the MBA colleges of Chennai have the ability to train you to gather the requisite skills knowledge and exposure to the industry that will help you taste success in the very competitive business environment. Choose judiciously and get started on the path to rewarding yourself as a future business leader!