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 looking for MBA admission, MBAUniverse.com reviews 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 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.
Base of diversified Industries
The city is 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.
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:
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.
MBA Colleges in Chennai
Chennai can boast of having many quality MBA colleges like IFMR, Great Lakes and LIBA. 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 renowned B-schools 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:
Institute for Financial Management and Research: 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.
VIT Business School: VIT Business School, past of VIT University is one of the leading B-schools in Chennai. Established in September 1994 as the Department of Management Sciences under the University of Madras, VIT Business School (VITBS) has expanded along multiple fronts.
SRM School of Management, Chennai: SRM is a deemed university attained the status of a full-fledged university, under section 3 of the UGC Act 1956. The university offers a well regarded MBA program.
Well known AICTE Approved PGDM Colleges in chennai are:
- Great Lakes Institute of Management, Chennai
- LIBA, Chennai
- IFMR, Chennai
- Meenakshi Sundararajan School of Management, Chennai
- Thiagarajar School of Management (TSM), Madurai
- IIKM, Chennai
- SSN School of Management, Chennai
Prominent Private University MBA Programs in chennai are:
- VIT University, Vellore & Chennai
- SRM University, Chennai
- Hindustan University, Chennai
- VELS University, Chennai
- Bharat University, Chennai
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