With presence of many well known MBA Colleges in Chennai, the city is fast emerging as a hot destination for MBA education in India. If you are looking for MBA admission, MBAUniverse.com reviews top MBA colleges in Chennai in this article.
Chennai's economy is dominated with automobile, computer, technology, hardware manufacturing and healthcare industries. According to Forbes magazine, Chennai is one of the fastest growing cities in the world. The diverse economic base of Chennai is driven by the automobile, software services, hardware manufacturing, health care and financial services industries. According to the CII, Chennai is estimated to grow to a USD 100-billion economy, 2.5 times its present size, by the year 2025. No doubt that top MBA colleges in Chennai have become the most after MBA destination for the admission seekers.
MBA in Chennai: Opportunity to explore the Base of diversified Industries
Chennai is the base to around 30 per cent of India's automobile industry and 40% of its auto components industry. A large number of automotive companies including Hyundai, Ford, BMW and Mitsubishi have or are in the process of setting up manufacturing plants in and around Chennai. Many software and software services companies have development centers in Chennai. MBA aspirants pursuing MBA in Chennai get the rare opportunity of high industry connect and eventually getting good campus placements.
Let us have a look at the major industries based in Chennai.
Automobile: Hyundai, Ford, BMW and Mitsubishi
IT: Infosys, TCS, Wipro. Tidel Park in Chennai is the largest IT Park in Asia.
Telecom & Electronics: Nokia, Siemens, Motorola, Dell, Ericson and Alcatel-Lucent
Health care: Medical tourism is another important part of Chennai's economy with health care providers like Apollo Hospitals and Fortis Healthcare based in the city.
Media: The Hindu, The New Indian Express, The Deccan Chronicle, The Times of India, Sun TV, Raj TV, Jaya TV.
Chennai is also a major centre for music, art and culture in India.
List of MBA Colleges in Chennai
Chennai can boast of having many quality top MBA colleges like IFMR, Great Lakes, LIBA among others. Chennai is also a hub of many well known private universities like VIT in Vellore and SRM University. These Universities offer quality MBA programs.
Some of the top MBA colleges in Chennai are as follows:
Great Lakes Institute of Management: The institute was founded by Dr Bala V Balachandran in the year 2004. The institute has MoU with Stuart School of Business at the Illinois Institute of Technology, Chicago, USA. The Institute has entered into a MoU with Yale University of USA, Nanyang Technological University of Singapore, Bauer College of Business at the University of Houston, and IIT Madras for academic exchange programs.
Loyola Institute of Business Administration (LIBA): Established in 1979, LIBA has been offering Post Graduate Diploma in Management since 1995. Both the part-time and the full-time PGDM programmes are approved by the AICTE and the full-time programme is recognized by the AIU as equivalent to the MBA degree of Indian Universities.
Institute for Financial Management and Research (IFMR): Established in 1970 as a non-profit organization, IFMR was sponsored by ICICI, the House of Kotharis and other major industrial groups. The Board of Governors includes leaders of major corporations in India. The Finance Secretary, Government of Tamil Nadu, and the Vice Chancellor of the University of Madras are ex officio board members.
Well known AICTE Approved PGDM/MBA Colleges in chennai are:
- Great Lakes Institute of Management, Chennai
- LIBA, Chennai
- IFMR, Chennai
- Meenakshi Sundararajan School of Management, Chennai
- IIKM, Chennai
- SSN School of Management, Chennai
- Rajalakshmi School of Business, Chennai
- Chennai Business School, Chennai
- Galaxy Institute of Management, Chennai
- SMOT School of Business, Chennai
- National Management School, Chennai
Prominent Private University MBA colleges in Chennai are:
- VIT University, Vellore & Chennai
- SRM University, Chennai
- Hindustan University, Chennai
- VELS University, Chennai
- Sathyabama University, Chennai
- Bharat University, Chennai