A Master of Business Administration (MBA) is one of the most sought-after degrees in India. An MBA not only keeps you up with the competition, but statistics also say you get a higher salary. An MBA increases the chances of moving to a high-level managerial position and is an ideal option to consider if you want to become an entrepreneur. This article covers the top MBA colleges in Chennai ranked on placements. The city is home to various multinational companies that offer excellent job opportunities and competitive packages. These facts make Chennai one of the premier locations for students who wish to pursue an MBA.
1. Department of Management Studies (DoMS), Indian Institute of Technology (IIT) Madras
DoMS, IIT Madras was established in 2004. Besides the MBA program, the department has a research program at the master’s and doctoral levels and an executive MBA program for middle- and senior-level executives. The MBA batch of 2018–20 witnessed 100% placements with 44 registered students and 24 recruiters. Other highlights include that 25% of the students received pre-placement offers and three students received international offers. The recruiting companies came from various domains. These included analytics, operations, marketing, finance, and strategy and consulting. Other details related to placement are in the table below.
Placement statistics | 100% |
Number of recruiters | 24 |
Highest CTC offered | Rs. 29.02 LPA |
Average CTC offered | Rs. 14.38 LPA |
2. Loyola Institute of Business Administration (LIBA)
LIBA was established in 1979 and is a part of Loyola College. LIBA primarily offers a two-year full-time Post-Graduate Diploma in Management (PGDM) course, which is approved by the All India Council for Technical Education (AICTE) and recognized by the Association of Indian Universities (AIU). The other programs it offers include a part-time, AICTE-approved PGDM, a Doctor of Philosophy degree affiliated with the University of Madras, and several year-long executive diploma programs. The 2018–20 PGDM batch comprised 120 students, and 100% were recruited through the institute’s placement drive. More than 50 companies visited the campus. Students were placed in 13 different sectors, with the most hiring witnessed in the banking, financial services, and insurance (BFSI) sector, followed by information technology (IT), academics, and manufacturing. Other placement-related details are in the following table.
Placement statistics | 100% |
Number of recruiters | 50+ |
Highest CTC offered | Rs. 14 LPA |
Average CTC offered | Rs. 9 LPA |
3. Great Lakes Institute of Management (GLIM), Chennai
GLIM was established in 2004. Apart from other corporate programs, the college offers two full-time MBA programs: A year-long PGPM for individuals with work experience and a two-year PGDM for those with less than two years of work experience. Top sectors for hiring in PGDM include analytics, BFSI, consulting, fast-moving consumer goods (FMCG), IT/ITES, and e-commerce. Other placement-related details about PGDM are in the following table.
Placement statistics | 100% |
Number of recruiters | 40+ |
Highest CTC offered | Rs. 21.5 LPA |
Average CTC offered | Rs. 10.4 LPA |
4. Xavier Institute of Management and Entrepreneurship (XIME), Chennai
XIME was established in 1991, with campuses in Bangalore, Kochi, and Chennai. The institute enhanced its presence in southern India by establishing a campus in Chennai in June 2017. The institute has an active incubation centre to accelerate start-ups and also offers three-week entrepreneurship development programs. The flagship program of the institute is an AICTE-approved, two-year, full-time PGDM program. The 2018–20 PGDM batch comprised 120 students and 100% of students were placed in the institute’s placement drive. The entire placement process at XIME is centralized. Students across all three campuses meet at XIME Bangalore for the recruitment process. Other details related to placement are in the following table.
Placement statistics | 100% |
Number of recruiters | 50+ |
Highest CTC offered | Rs. 8.1 LPA |
Average CTC offered | Rs. 6.47 LPA |
Check out the list of top MBA Colleges in Chennai. Compare fees, courses, placements, cut off, and admission process at https://www.shiksha.com/mba/ranking/top-mba-colleges-in-chennai/2-2-0-64-0 .