Looking for the best MBA colleges in Chennai? Top institutes include Great Lakes, DoMS IIT Madras, LIBA Chennai, etc. These institutes offer affordable education with excellent ROI. Hence, candidates should always compare these institutes in terms of fees, package, and other aspects. This can help them choose the best college for their MBA studies.
Top-ranked MBA institutes in Chennai include Great Lakes Institute of Management and IIT Madras. Great Lakes usually charges INR 22.50 Lakhs for its 2-year PGDM program. However, its average package stood at INR 15 LPA. This is why it is important to check all the factors associated with your desired college to understand the overall investment and ROI in advance. This allows you to avoid last-minute confusion. Many other business schools in Chennai also offer MBA courses at a low cost without compromising the quality of education. Read ahead to know about the top MBA colleges in Chennai with fees and other details.
Why an MBA in Chennai?
Chennai is one of India’s leading destinations for management education. The city offers MBA programs that align with industry requirements. Top reasons to pursue an MBA in Chennai are:
- Offers well-known MBA programs across different specialisations.
- Attracts leading global companies during the placements.
- Access to internships and campus recruitment.
- Chennai is more affordable compared to other metro cities.
- Many MBA colleges in Chennai charge under 10 lakhs for 2 years.
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List of Top MBA Colleges in Chennai in 2026
Knowing the top MBA colleges in Chennai can help you set realistic goals. At the same time, you must meet the eligibility requirements before applying. You must have a bachelor’s degree with the minimum required marks to be eligible. With this, it is mandatory to have valid scores in CAT, XAT, or other entrance tests. Some leading MBA institutes in Chennai are Great Lakes, DoMS IIT Madras, and LIBA Chennai. Check the complete list below
Great Lakes Institute of Management, Chennai
GLIM is the most popular MBA college in Chennai. It has secured the 37th rank in the NIRF ranking 2025 report. The 2-year MBA fees are INR 22.50 lakhs at this institute. Check the complete details below:
- Institute Name: Great Lakes Institute of Management, Chennai
- Program Offered: PGDM
- Fees (approx): INR 22,50,000
- Average Package (Approx): INR 15 LPA (2025)
DoMS IIT Madras
DoMS IIT Madras is one of the most preferred options among MBA applicants. The reason is that it offers affordable education and excellent ROI. It holds the 13th position in the NIRF ranking report 2025 under the management category. Check the complete details below:
- Institute Name: DoMS IIT Madras
- Program Offered: MBA
- Fees (approx): INR 10,00,000 (approx)
- Average Package (Approx): INR 17.9 LPA (2025)
LIBA Chennai
LIBA is also a widely recognised PGDM college in Chennai. The fees are quite low compared to old IIMs and other B-schools. It also offers excellent placement opportunities, with the average package of around INR 11 LPA in recent years.
- Institute Name: LIBA Chennai
- Accepted Entrance Exam: PGDM
- Fees (approx): INR 18.89 Lakh+ (approx)
- Average Package (Approx): INR 11 LPA
SRMIST Chennai
This is one of the reputed MBA schools in Chennai. The overall fees of the MBA programs are INR 4,50,000 per annum. Candidates who have completed graduation with 50% marks can apply.
- Institute Name: SRMIST Chennai
- Program Offered: MBA
- Fees (approx): INR 4,50,000 per annum
- Eligibility: Bachelor’s degree with at least 50%
- Selection Process: SRMJEEM & Personal Interview
XIME Chennai
XIME is one of the decent PGDM colleges in Chennai. The total fees for this programme are INR 9.90 lakhs. As per the recent placement reports, the average package stood at INR 9.60 LPA. This shows that this college offers excellent ROI. Check complete details below:
- Institute Name: XIME Chennai
- Program Offered: PGDM
- Fees (approx): INR 9.90 Lakhs
- Average Package (Approx): INR 9.60 LPA (2025)
Shiv Nadar University, Chennai
Shiv Nadar University is also known as one of the low-fee MBA colleges in Chennai. Candidates who have appeared in the CAT, XAT, CMAT, ATMA, MAT, etc can apply for this program. Check the complete details in the table below:
- Institute Name: Shiv Nadar University, Chennai
- Program Offered: MBA
- Fees (approx): Rs. 3,00,000 per annum
- Accepted Entrance Exam: CAT, XAT, CMAT, ATMA, MAT, etc.
NIRF Ranking of Top B-Schools in Chennai
As per the NIRF ranking report 2025, IIT Madras holds the 13th rank, followed by Great Lakes Institute of Management, Loyola Institute of Business Administration, and so on. Check the complete details in the table below:
| MBA College in Chennai | NIRF Ranking 2025 |
|---|---|
| Indian Institute of Technology Madras | 13 |
| Great Lakes Institute of Management | 37 |
| Loyola Institute of Business Administration | 55 |
| S.R.M. Institute of Science and Technology | 56 |
| Saveetha Institute of Medical and Technical Sciences | 63 |
| Anna University, Chennai | 88 |
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Top MBA Colleges in Chennai with Fees
Knowing the fee structure of MBA colleges is extremely important. It includes components such as tuition fees, caution deposit, admission fees, etc. Top colleges like DoMS IIT Madras charge around INR 10 lakh. The MBA fees at Great Lakes are around INR 22 Lakh. Additionally, there are many MBA colleges in Chennai with low fees that offer high-quality education and excellent return on investment. You can check the fee structure of all the leading business schools in Chennai:
| MBA College in Chennai | Fees (Approx) |
|---|---|
| Great Lakes Institute of Management, Chennai | INR 22,50,000 |
| DoMS IIT Madras | INR 10,00,000 (approx) |
| LIBA Chennai | INR 18.89 Lakh+ (approx) |
| SRMIST Chennai | INR 4,50,000 per annum |
| XIME Chennai | INR 9.90 Lakhs |
| Shiv Nadar University, Chennai | Rs. 3,00,000 per annum |
| Saveetha Institute of Medical and Technical Sciences | Rs.7,50,000 |
Government vs Private MBA Colleges in Chennai
Well, there are many government and private MBA colleges in Chennai. You must compare and evaluate all these colleges smartly. This helps you discover colleges that go well with your career goals and budget. Government MBA colleges in Chennai include DoMS IIT Madras and Anna University, Chennai. Private MBA colleges in Chennai include Great Lakes Institute of Management, SRMIST, etc. Check complete details below:
Government MBA Colleges in Chennai
| Government MBA College in Chennai | NIRF Ranking 2025 | Fees |
|---|---|---|
| Indian Institute of Technology Madras | 13 | INR 10,00,000 (approx) |
| Anna University, Chennai | 88 | – |
Private MBA Colleges in Chennai
| Private MBA College in Chennai | Fees (Approx) |
|---|---|
| Great Lakes Institute of Management, Chennai | INR 22,50,000 |
| LIBA Chennai | INR 18.89 Lakh+ (approx) |
| SRMIST Chennai | INR 4,50,000 per annum |
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Tier 1 vs Tier 2 MBA Colleges in Chennai
Now, let’s talk about tier 1 and tier 2 MBA institutes in Chennai offering MBA programs across different specialisations. Tier 1 business schools in Chennai include Great Lakes and DoMS Chennai. On the other hand, tier 2 B-schools in Chennai include LIBA, SRMIST, etc. Check the complete list along with the fee structure below:
Tier 1 MBA Colleges in Chennai
| Tier 1 B-Schools in Chennai | Fees (Approx) |
|---|---|
| Great Lakes Institute of Management, Chennai | INR 22,50,000 |
| DoMS IIT Madras | INR 10,00,000 (approx) |
Tier 2 MBA Colleges in Chennai
| Tier 2 B-Schools in Chennai | Fees (Approx) |
|---|---|
| LIBA Chennai | INR 18.89 Lakh+ (approx) |
| SRMIST Chennai | INR 4,50,000 per annum |
| XIME Chennai | INR 9.90 Lakhs |
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Top MBA Colleges in Chennai Placements
Along with the fee structure, you should also compare the placement statistics across institutes. This helps you identify whether the salary package justifies the overall cost of the program. Great Lakes and DoMS IIT Madras, offer the highest average package as per the recent placement reports. The average package of Great Lakes stood at INR 15 LPA, whereas the average package at IIT Madras crossed INR 16 LPA in recent years. Check placement statistics of top MBA colleges in Chennai:
| MBA College in Chennai | Average Package (approx) |
|---|---|
| Great Lakes Institute of Management, Chennai | INR 15 LPA (2025) |
| DoMS IIT Madras | INR 17.9 LPA (2025) |
| LIBA Chennai | INR 11 LPA |
| XIME Chennai | INR 9.60 LPA (2025) |
| ISSM Business School Chennai | INR 13.6 LPA |
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How to Choose MBA Colleges in Chennai?
Choosing the right MBA college is a crucial step because it can shape your career. Every business school has its own perks. You can compare them in different parameters for a clear picture. This includes academics, placements, and fees. Given below are the tips to choose the MBA colleges in Chennai:
- Verify that the college is approved by the appropriate authorities.
- Review the NIRF rankings and other indicators. This helps you understand the college’s academic reputation and overall value.
- Compare the fees and placement outcomes of MBA colleges. This helps you get a rough idea of return on investment.
- Make sure that your chosen college offers the MBA specialisation you want to study.
FAQs on MBA Colleges in Chennai
Popular MBA institutes in Chennai are Great Lakes, DoMS IIT Madras, LIBA Chennai, etc.
MBA fees in Chennai can range from around INR 6 lakh to over INR 22 lakh.
Many colleges accept scores from CAT, XAT, MAT, etc.
Yes, Chennai offers top institutes, strong industry links and good placements.
The average package ranges from INR 9 LPA to INR 15+ LPA, depending on the college.
Yes. DoMS IIT Madras and SRMIST Chennai are popular business schools in Chennai.
Finance, Marketing, and Human Resource Management are among the popular specialisations.
Yes. Almost every MBA college in Chennai offers placement support and internships.