Distance/Correspondence MBA colleges in Chennai

There are about 600+ MBA colleges in Tamil Nadu. Of these, 472 MBA colleges are privately owned, 41 colleges are owned by the public/government, and public-private organisations own 15 MBA colleges. TANCET, MAT, CAT, XAT, etc. are some of the most accepting entrance exams in top MBA colleges in TamilNadu. Some of the popular colleges include IIM Trichy, Great Lakes Institute of Management Chennai, NIT Trichy, Saveetha Institute of Medical and Technical Sciences, PSGCT Coimbatore, Bharathidasan Institute of Management, Trichy, Thiagarajar School of Management, SKCET, Hindustan Institute of Technology and Science, University of Madras, Loyola Institute of Business Administration, The Gandhigram Rural Institute, and many others.

IIM Trichy emerged to be as the No. 1 MBA college in Tamil Nadu followed by other colleges. Listed below are some of the colleges along with their NIRF rankings for past three years:

College Names	NIRF 2022	NIRF 2023	NIRF 2024
IIM Trichy- Indian Institute of Management	18	22	27
Great Lakes Institute of Management Chennai	31	31	34
NIT Trichy- National Institute of Technology	39	35	51
PSGCT Coimbatore	63	89	80

Joining the best MBA colleges in Tamil Nadu can be worthwhile for you. For that, you need to check its ROI. Listed below are some of the colleges along with their fees and average placement package:

College Names	Total Tuition Fee	Annual Average Package
DoMS – IIT Madras MBA	INR 1 lakh - INR 17 lakh	INR 16 LPA - INR 21 LPA
IIM Trichy MBA	INR 20 lakh	INR 19 LPA - INR 20 LPA
Great Lakes Institute of Management Chennai MBA	INR 9 lakh – INR 12 lakh	INR 11 LPA
NIT Trichy MBA	INR 1 lakh	INR 8 LPA
PSGCT Coimbatore MBA	INR 35,000	INR 9 LPA

It is estimated that joining the best MBA colleges in Tamil Nadu can be affordable as most colleges have tuition fees of less than INR 1 lakh. Listed below are some of the colleges along with their tuition fees:

Low-cost MBA Colleges	Tuition Fees
PSGCT Coimbatore	INR 35,000
SKCET	INR 41,000
University of Madras	INR 28,000 - INR 56,000
Sri Krishna College of Technology [SKCT]	INR 35,000
Loyola Institute of Technology	INR 35,000

The table below shows the average placement package offered by top recruiters who participated in top MBA colleges in Tamil Nadu:

College Name	Placement Package	Prominent Recruiters
NIT Trichy Placements	INR 8 LPA	Google, Facebook, ITC, Infosys, Oracle, Samsung, Volvo, etc.
PSGCT Coimbatore Placements	INR 9 LPA	Google, Wipro, Microsoft, Decathlon, EY, Capgemini, IBM, etc.
DoMS - IIT Madras Placements	INR 16 LPA - INR 21 LPA	Accenture, Deloitte, Morgan Stanley, Cognizant, IBM, Dell, etc.
IIM Trichy Placements	INR 19 LPA - INR 20 LPA	Amazon, ICICI Bank, YES Bank, Microsoft, Ultratech, JP Morgan & Chase, etc.
Great Lakes Institute of Management Placements	INR 11 LPA	Adobe, HP, CRISIL, Nestle, ITC, CEAT, etc.

The eligibility criteria for MBA courses may vary across institutes offering the same. However, the basic eligibility criteria prescribed by the Universities Grants Commission for MBA is as follows:

• Candidates passing a bachelor’s level examination irrespective of the discipline from a recognised institute are eligible to pursue an MBA degree course.
• An institute might follow minimum aggregate score criteria of 50 percent in the qualifying exam for unreserved category candidates and 45% aggregate for reserved category candidates.
• For admissions, institutions also conduct entrance exams like TANCET,  CAT, MAT, CMAT, XAT,  and many others.

According to the previous year's trends, you need to score above the 90 percentile to get into top colleges. According to the seat allotment rank and scores, here is the list of colleges with their required scores: 1. PSG College of Technology: 94.95 2. University of Madras, Chennai: 95.76 3. Thiagarajar School of Management, Madurai: 95.76 4. Sri Sivasubramaniya Nadar College of Engineering: 96.87 5. University Departments of Anna University: 99.41 You can check the score required to get into your dream college at this page: https://www.shiksha.com/mba/tancet-exam-cutoff.

TANCET exam is conducted for MBA and MCA admission. More than 25,000 candidates take the TANCET exam for MBA admission. The sections vary for MBA and MCA exams. The space below mention the TANCET MBA exam pattern:

• Mode of TANCET exam: Offline, OMR based
• Type of questions: Objective type
• Number of questions: 100
• Number of sections: 5
• Exam duration: 120 minutes
• Maximum marks: 100
• Marks for correct response: 1 mark
• Mark down for incorrect response: 1/4 mark
• Exam medium: English

The TANCET MBA syllabus is based on five sections. The sections for TANCET MBA exam include:

• Business Situations
• Reading Comprehension
• Quantitative Ability
• Data Sufficiency
• English Usage

All sections in the TANCET exam have equal weightage.

Listed below are the best government MBA colleges in Tamil Nadu along with their total tuition fee/seat intake and entrance exams/eligibility criteria:

Public/Government Colleges	Total Tuition Fee/Seat Intake
DoMS - IIT Madras Admission	INR 1 Lacs - INR 17 lakh
IIM Trichy – Indian Institute of Management Admission	INR 20 lakh Seats: 290
NIT Trichy – National Institute of Technology Admission	INR 1 lakh
University of Madras Admission	INR 28,000 – INR 56,000 Seats: 1,320
Bharathiar University Coimbatore Admission	INR 21,000 Seats: 4,402

 

Listed below are the top specialisations offered by MBA colleges in Tamil Nadu along with their number of colleges:

Top Specialisations	Number of Colleges
Finance	170
Human Resources	169
Sales & Marketing	161
IT & Systems	91
Business Analytics	45

IIM Trichy is counted among the top Management institutes of the country. In NIRF 2024 rankings under Management category, the institute has secured 27th spot. The highest and average package offered to IIM Trichy PGPM students during 2023 placements was INR 41.61 LPA and INR 20.55 LPA, respectively. In addition, a total of 172 industry associations made 266 offers. Moreover, the the highest and average stipend offered to PGPM students stood at INR 3.20 Lacs and INR 1.29 Lacs during the summer placements 2022-2023 batch. Check below what students have to say about IIM Trichy MBA:

 

Great Lakes Chennai is a popular option for students seeking to pursue MBA. Great Lakes Chennai has been receiving outstanding NIRF rankings and acknowledgments from other major ranking bodies of India as well. 

• Rankings: Great Lakes, Chennai has achieved an impressive position in the latest rankings. Great Lakes Chennai is ranked 34th under the Management category by NIRF 2024. The college is also ranked 151+ by the QS World University Rankings - Masters In Management category 2024. 
• Accreditation: The institute has achieved recognition from prestigious international accreditation like AMBA and SAQS, in addition to national accreditation from NBA and AICTE.

Refer to the table below for a detailed overview of the top distance MBA colleges in Tamil Nadu along with their tuition fees:

Distance MBA Colleges	Tuition Fee
SRM Institute of Science and Technology, Kattankulathur	INR 9 lakh
Institute of Distance Education, University of Madras	INR 7,000 - INR 20,000
All India Institute of Management Studies	INR 4,000 - INR 10,000
Directorate of Distance Education, Alagappa University	INR 6,000 - INR 31,000
School of Distance Education, Bharathiar University	INR 21,000

Yes, an MBA course can be very helpful for a career in the stock market and finance in general. While an MBA doesn't focus solely on the stock market, it equips students with a range of skills and knowledge that are highly relevant in this field. Courses like MBA in Finance will help you gain insight about the stock market wherein you can learn about topics like financial analysis, portfolio analysis, corporate finance and strategic planning. 

While an MBA provides a solid foundation, it's important to note that practical experience, continuous learning, and staying updated with market trends are equally vital in the stock market.