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Top Online MBA Colleges in Chennai

March 24th, 2025: 15 min

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Chennai is home to many prestigious colleges that offer online MBA programs. The course is designed for students and working professionals who need flexibility in their studies. 

 

Universities in Chennai offer various specializations in MBA. Students can choose one according to their interests and career goals. Graduates often receive placement offers from top companies with good salary packages.

 

This article explores the top online MBA colleges in Chennai to help you make an informed decision.

 

Top Online MBA Colleges in Chennai by Ranking 2024

 

NIRF Rank (University Category) 

NAAC Grade

University

        MBA  Specializations

Fee (In INR)

1

A++

IGNOU (Indira Gandhi National Open University)

MBA General

62,000

12

A++

SRM Institute of Science and Technology (SRMIST)

Finance, Marketing, HRM, Business Analytics, Health Care & Hospital Management, Logistics & Supply Chain, AI & Data Science

1,89,000

13

NA

Anna University - Center of Distance Education

General Management, Analytics

1,00,000

39

A++

University of Madras - Institute of Distance Education

Financial Management, Marketing, HRM, Hospital Management, Logistics & Supply Chain, Systems Management, Business Data Analytics

37,750

NA

A+

Dr. M.G.R. Educational & Research Institute

Finance Management, Marketing, HRM, Operations Management, Hospital & Health Care Management, Information Systems

1,60,000

 

Top Private Online MBA Colleges in Chennai

 

The popular private online MBA colleges in Chennai offer several remote learning undergraduate and postgraduate programs. The course syllabus, the teaching methodology, and the digital learning facilities are on par with the global standards. Some of the reputable colleges in the city are:

 

SRM Institute of Science and Technology (SRMIST)

 

SRMIST has several campuses in Tamil Nadu, including Chennai. SRM Online utilizes the Harvard Manage Mentor from Harvard Business Publishing Education to offer world-class business administration classes to its students. Thus, SRMIST is one of the top online MBA institutes in Chennai.

 

  • NIRF Ranking: 12
  • Recognitions: NAAC accredited with an A++ grade, classified as a category-1 university by UGC
  • Specializations Offered: Finance, Marketing, Human Resource Management (HR), Business Analytics, Health Care & Hospital Management, Logistics & Supply Chain Management, Artificial Intelligence (AI) & Data Science.
  • Fee Structure/ROI: INR 1.89 Lakhs, Average Salary: INR 7.5 Lakhs per annum

 

Dr. M.G.R. Educational & Research Institute

 

Dr. M.G.R. Educational & Research Institute, situated in Chennai's south, is one of the best colleges offering education in various fields. The University has been delivering online learning programs for more than thirty years.  

 

  • NIRF Ranking: NA
  • Recognitions: Deemed University, UGC entitled, NAAC accredited with an A+ grade,
  • Specializations Offered: Finance Management, Marketing Management, Human Resource Management, Operations Management, Hospital and Health Care Management, Information Systems.
  • Fee Structure: INR 1.6 Lakhs, Average Salary: INR 6 Lakhs per year

 

Eligibility and Admission in Private Colleges

 

The eligibility criteria for admission to private online MBA colleges in Chennai are that applicants must have a bachelor's degree from a recognized university with a minimum of 50% aggregate marks.

 

The admission process is done online. Applicants can visit the colleges' official websites and fill up the application form with accurate details. A seat is provided after fee payment and document verification.

 

Entrance Exam Requirement 

While most universities don't ask for entrance exam scores for admission to online MBA program courses, some might ask for it. Some of the most popular screening tests are: 

 

  • CAT (Common Admission Test)
  • MAT (Management Aptitude Test)
  • XAT (Xavier Aptitude Test)
  • ATMA (A Test for Management Admissions)
  • GMAT (Graduate Management Admission Test)
  • CMAT (Common Management Admission Test)
  • MAH CET (Maharashtra Common Entrance Test)
  • GRE (Graduate Record Examination)

 

Top Government MBA Colleges in Chennai

 

Here are the top government online MBA colleges in Chennai that most students prefer for their affordable fees and quality education.

 

IGNOU 

 

Founded in 1985, the Indira Gandhi National Open University (IGNOU) is one of India's most prestigious public universities. It is also one of the most popular institutions for distance learning. Several regional centers are spread across the nation. The IGNOU Chennai Centre offers a remote MBA program.

 

  • NIRF Ranking: 1(Open University category)
  • Recognitions: UGC recognized, NAAC accredited with an A++ grade
  • Specializations Offered: MBA General
  • Fee Structure: INR 62,000, Average Salary: INR 4.5 Lakhs per annum

 

University of Madras-Institute of Distance Education

 

The Institute of Distance Education was established by the University of Madras in 1981 to provide undergraduate and postgraduate programs in several subjects.

 

  • NIRF Ranking: 39
  • Recognitions: NAAC accredited with an A++ grade, UGC recognized
  • Specializations Offered: Financial Management, Marketing Management, HR Management, Hospital Management, Logistics & Supply Chain Management, Systems Management, Business Data Analytics.
  • Fee Structure: INR 37,750, Average Salary: 3.60 Lakhs per annum

 

Anna University-Center of Distance Education

 

Established in 1978, Anna University is a nationally acclaimed institution in Chennai. The University’s Center of Distance Education provides online educational programs in MBA. 

 

  • NIRF Ranking: 13
  • Recognitions:  UGC-DEB approved, 
  • Specializations Offered: General Management, Analytics.
  • Fee Structure: INR 1 Lakh, Average Salary: 5.70 Lakhs per annum

 

Eligibility and Admission in Government Colleges

The eligibility criteria for an online MBA in government colleges state that the applicants must have a bachelor's degree from a recognized university.

For admission, applicants can visit the college's official website and fill out the application form. After verifying their documents and paying their fees, they are offered a seat.

 

Entrance Exam Requirement 

 Some colleges may ask for an entrance exam score for admission to the online MBA courses; some may not. The entrance tests that public universities may ask for are:

  • CAT 
  • MAT 
  • XAT 
  • ATMA 
  • GMAT
  • CMAT 

 

Top MBA Colleges in Chennai with Low Fees 

 

Among the best online MBA colleges in Chennai, a few have low-fee structures. This is highly encouraging for students who wish to pursue higher education at an affordable cost.

 

IGNOU 

 

IGNOU courses offer lucrative job potential as they offer credible degrees recognized by the UGC.  Freshers can expect a decent salary package.

 

  • Fee Structure: INR 62,000
  • Specializations Offered: MBA General
  • Average Salary: INR 4.5 Lakhs per annum

 

University of Madras-Institute of Distance Education

 

The MBA graduates are provided placement assistance by the University. This helps them grab jobs right after graduation.

 

  • Fee Structure: INR 37,750
  • Specializations Offered: Financial Management, Marketing Management, HR Management, Hospital Management, Logistics & Supply Chain Management, Systems Management, Business Data Analytics.
  • Average Salary: INR 3.60 Lakhs per year



Online MBA Colleges in Chennai Known for the Highest Salary Package 

 

A few online MBA colleges in Chennai are known for the highest salary package their students get during placement drives. The leading one among them is:

 

SRM Institute of Science and Technology (SRMIST)

 

SRMIST conducts virtual job fairs for its students. Many renowned companies attend the placement drive to hire talented candidates. 

  • Highest Salary: 12.56 Lakhs per annum 
  • Specializations Offered: Finance, Marketing, Human Resource Management (HR), Business Analytics, Health Care & Hospital Management, Logistics & Supply Chain Management, Artificial Intelligence (AI) & Data Science.
  • Fee StructureI: INR 1.89 Lakhs

 

 Conclusion

 

While there are many online MBA colleges in Chennai, the top ones are screened based on the quality of the curriculum, fee structure, teaching methods, digital learning support provided, and placement assistance offered. Aspiring students must consider all the factors while choosing an institution for business management studies. 

 

FAQs

 

  1. How many top online MBA colleges are there in Chennai?

There are many online MBA colleges in Chennai. Some popular universities are SRM Institute of Science and Technology, Dr. M.G.R. Educational & Research Institute, University of Madras, and Anna University.

 

  1. Which is the No. 1 online MBA college in Chennai?

SRMIST is one of the best online MBA colleges in Chennai.

 

  1. Which are the popular exams accepted for top MBA colleges in Chennai?

Most universities don't require an entrance exam score for an online MBA admission; however, some may ask for it. The popular entrance exams for this program are the CAT, GMAT, GRE, SAT, and MAT.

 

  1. What are the different specializations offered in MBA colleges in Chennai?

There are various specializations that the MBA colleges of Chennai offer. Some of the popular specializations are 

  • General Management
  • Marketing
  • Human Resource Management
  • International Business
  • Operations Management
  • Information Technology
  • Finance
  • Digital Marketing
  • Business Analytics
  • Data Science
  • Retail Management
  • Project Management
  • Supply Chain Management

 

  1. What is the eligibility for admission to top MBA colleges in Chennai?

Eligibility varies from university to university. Some may grant admission with just a bachelor's degree from a recognized university, and others may ask for entrance exam scores.

 

  1. What are the best MBA colleges in Chennai under 10 lakhs?

Some of the best MBA colleges in Chennai with program fees under 10 Lakhs are SRM Institute of Science and Technology, Dr. M.G.R. Educational & Research Institute, University of Madras, IGNOU, and Anna University.

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