Chennai is one of South India's leading destinations for postgraduate management education. The Master of Management Studies (MMS) is a two-year, full-time PG programme equivalent to an MBA, and a small number of institutions in Chennai formally offer the MMS degree. Beyond dedicated MMS programmes, Chennai's management education landscape is dominated by AICTE-approved MBA and PGDM programmes from institutions ranked by the National Institutional Ranking Framework (NIRF). This article covers every institution in Chennai that formally offers MMS, along with the top management colleges in the city — with verified fees, admission details, and placement data.
The Master of Management Studies (MMS) is a two-year, full-time postgraduate management programme divided into four semesters. It is a UGC-recognised degree that equips students with skills in finance, marketing, human resource management, operations, and strategy. Nationally, MMS is most prevalent as a degree nomenclature in Maharashtra (Mumbai University), but several institutions across India, including in Chennai, formally confer the MMS degree.
| Parameter | MMS | MBA |
|---|---|---|
| Full Form | Master of Management Studies | Master of Business Administration |
| Duration | 2 Years (4 Semesters) | 2 Years (4 Semesters) |
| Recognition | UGC-recognised | UGC/AICTE-recognised |
| Prevalence in Chennai | Few dedicated institutions | 150+ colleges city-wide |
| Common Entrance Exams | CAT, MAT, CMAT, ATMA, MAH CET | CAT, XAT, MAT, TANCET, CMAT, GMAT |
| Industry Recognition | Equivalent to MBA | Widely recognised |
The following table lists the top MMS colleges in Chennai including institutions that formally offer the MMS degree as well as the leading MBA/PGDM colleges in the city — ranked by NIRF 2025 where applicable:
| # | Institution | Programme | Total Fees (2 Yrs) | NIRF 2025 (Mgmt) | Entrance Accepted |
|---|---|---|---|---|---|
1 | DoMS – IIT Madras, Chennai | MBA | Rs. 2,35,000 – Rs. 12,00,000 | #13 | CAT |
2 | Great Lakes Institute of Management, Chennai | PGDM / PGPM | Rs. 18,50,000 – Rs. 22,50,000 | #37 | CAT / XAT / CMAT / GMAT |
3 | Loyola Institute of Business Administration (LIBA), Chennai | PGDM | Rs. 13,00,000 (approx.) | Ranked | CAT / XAT / GMAT / CMAT |
4 | Anna University – Dept. of Management Studies (CEG), Chennai | MBA | Rs. 35,000 – Rs. 1,80,000 | #69 | TANCET |
5 | Saveetha School of Management (SIMATS), Chennai | MBA | Rs. 6,05,000 | Top 63 | CAT / XAT / CMAT / TANCET |
6 | SRM School of Management (SRMSOM), Kattankulathur | MMS / MBA | MMS: Rs. 6,45,000 | MBA: Rs. 7,70,000 | Ranked | CAT / XAT / MAT / TANCET / SRMJEEM |
7 | Hindustan Institute of Technology & Science (HITS), Chennai | MBA | Rs. 2,00,000 – Rs. 4,00,000 | Ranked | CAT / MAT / TANCET |
8 | SSN School of Management, Chennai | MBA | Rs. 1,50,000 – Rs. 3,00,000 | Ranked | TANCET / CAT |
9 | Mugavari School of Business (MSB), Chennai | MMS | Contact institution | N/A | Merit-based |
10 | ISBM – Indian School of Business Management & Administration, Chennai | MMS | Rs. 65,900 (PG level) | N/A | Merit / CAT / MAT / XAT |
*Fees as per official college websites and verified portals. Figures are indicative and subject to revision. Verify directly with institutions before applying.
The following three institutions in Chennai specifically offer the MMS (Master of Management Studies) as a formally conferred postgraduate degree — distinct from an MBA.
Private Deemed University
SRM School of Management is the management faculty of SRM Institute of Science and Technology (SRMIST), a NAAC A++-accredited deemed university established in 1985. SRMIST is ranked #12 among universities by NIRF 2024 (Overall category). SRMSOM formally offers the Master in Management Studies [MMS] as a two-year postgraduate programme, distinct from its MBA offering. Specialisations under MMS include Banking and Financial Services, Finance, HR, and Marketing.
| Parameter | Details |
|---|---|
| Programme | MMS – Master in Management Studies |
| Duration | 2 Years (Full-Time, On Campus) |
| Total Fees | Rs. 6,45,000 (2 Years) |
| MMS Specialisations | Banking & Financial Services, Finance, HR, Marketing |
| Entrance Accepted | SRMJEEM, CAT, XAT, MAT, TANCET, CMAT, NMAT, GMAT |
| Eligibility | Bachelor's degree with min. 60% aggregate |
| Selection Process | Entrance score + Personal Interview |
| Also Offers | MBA (Rs. 7,70,000), BBA, PhD in Management |
| Campus | Kattankulathur (near Chennai) – 250-acre campus |
| NIRF Ranking | #12 (University, Overall) – NIRF 2024 |
SRMIST has a placement record with the highest package of Rs. 52 LPA and an average of Rs. 7.5 LPA for the 2023–24 batch across programmes. Top recruiters include Aditya Birla Group, Bosch, Bajaj Finserv, Axis Bank, ITC, and Vedanta.
Private – AICTE Recognised
Mugavari School of Business is a private management institution in Chennai and is specifically listed as offering the MMS (Master of Management Studies) programme. It is one of the very few colleges in Chennai that formally confer the MMS degree. MSB Chennai offers MMS with a specialisation in Airline and Airport Management — a niche specialisation not widely available elsewhere in the city.
| Parameter | Details |
|---|---|
| Programme | MMS – Master of Management Studies |
| MMS Specialisation | Airline and Airport Management |
| Duration | 2 Years |
| Total Fees | Contact institution directly |
| Admission Basis | Merit-based (qualifying exam score) |
| Admission Steps | Apply online → Profile verification → Fee payment |
| Other Programmes | MBA (Financial Mgmt, Info Marketing, Info Systems, Tourism, General), MHA, MHRDM, M.Optom |
| Placement Recruiters (2024) | PwC, EY, KPMG, Accenture, Infosys |
| Type | Private |
Private – Est. 1992
Established in 1992 by the Aeren Foundation, ISBM Chennai (located at Nungambakkam) formally offers the MMS (Master of Management Studies) as a two-year postgraduate programme. The institute also offers BMS (Bachelor of Management Studies), Master of International Business (MIB), PGCM, and other management programmes across its multi-city presence in India.
| Parameter | Details |
|---|---|
| Programme | MMS – Master of Management Studies |
| Duration | 2 Years (PG Level) |
| PG Level Fees | Rs. 65,900 (as listed for PG programme) |
| Eligibility | Bachelor's degree from any recognised university |
| Admission Process | Online application → Entrance exam (if applicable) → Interview |
| Also Accepts | CAT, MAT, XAT scores |
| Location | Nungambakkam, Chennai – 600 034 |
| Avg. Placement Package | Rs. 5 – 7 LPA (as reported) |
| Established | 1992 |
In Tamil Nadu, the MBA is the dominant management degree. The institutions below represent the top MMS colleges in Chennai in the broader management education context — covering the highest-ranked, most-placed, and widely recognised programmes in the city.
Central Govt. – IIT
The Department of Management Studies (DoMS) at IIT Madras is the highest-ranked management institution in Chennai, ranked #13 in India under the NIRF 2025 Management category. DoMS offers a full-time two-year MBA with six areas of specialisation. Admission is strictly through CAT scores followed by Personal Interview.
| Parameter | Details |
|---|---|
| Programme | MBA (Full-Time, 2 Years) |
| Total Fees | Rs. 2,35,000 – Rs. 12,00,000 |
| NIRF 2025 Rank | #13 (Management Category) |
| Entrance | CAT (approx. 94–96 percentile cutoff) |
| Specialisations | 6 areas including Integrative Management option |
| Avg. Package (2024) | Rs. 16.93 LPA |
| Highest Package (2024) | Rs. 29.65 LPA |
| Median Package (2024) | Rs. 20.40 LPA |
| Placement Rate | 100% (2024 batch) |
| Top Recruiters | Consulting, BFSI, IT – including McKinsey, Deloitte, Amazon, BCG |
Private – NIRF #37 (2025)
Established in 2004, Great Lakes Institute of Management (GLIM) Chennai is an AICTE-approved, AACSB-, AMBA-, and SAQS-accredited institution ranked #37 in the NIRF 2025 Management category. It offers PGPM (1-year for experienced professionals) and PGDM (2-year). Both programmes are recognised as equivalent to MBA by the AIU. The campus is spread over 32 acres in Manamai, Chengalpattu (ECR, Chennai).
| Parameter | Details |
|---|---|
| Programmes | PGDM (2 Years), PGPM (1 Year), PGXPM (Executive), FPM |
| Total Fees (PGDM) | Rs. 18,50,000 – Rs. 22,50,000 (incl. accommodation) |
| NIRF 2025 Rank | #37 (Management) |
| Accreditations | AACSB, AMBA, SAQS, NBA, AICTE |
| Entrance Accepted | CAT / XAT / CMAT / GMAT (no TANCET) |
| CAT Cutoff (approx.) | 80–85 percentile (General category) |
| Avg. Package – PGDM (2025) | Rs. 15 LPA |
| Highest Package – PGDM (2025) | Rs. 39.3 LPA |
| Avg. Package – PGPM (2025) | Rs. 17.8 LPA |
| Top Recruiters | Accenture, Deloitte, EY, JP Morgan Chase, PwC, Wells Fargo, HCL, Nestlé, ICICI Bank |
Private Autonomous – Univ. of Madras
LIBA Chennai is a premier autonomous management institution affiliated to the University of Madras. It offers a 2-year PGDM (AIU-recognised, equivalent to MBA) with 5 specialisations: Finance, Marketing, HR, Operations, and Systems. LIBA holds AICTE, NBA, SAQS, and AACSB accreditations. The institute also offers a part-time MBA and DBA (from Binary University, Malaysia).
| Parameter | Details |
|---|---|
| Programme | PGDM (2 Years, Full-Time) |
| Total Fees | Rs. 13,00,000 (approx.) |
| Specialisations | Finance, Marketing, HR, Operations, Systems |
| Entrance Accepted | CAT / XAT / GMAT / CMAT |
| Eligibility | 50% in UG; 60% in 10th & 12th |
| Avg. Package | Rs. 10.5 LPA |
| Top Recruiters | Deloitte, ZS Associates, EY, Infosys, Accenture |
| Accreditations | AICTE, NBA, SAQS, AACSB |
State Government University
Anna University's Department of Management Studies at the College of Engineering Guindy (CEG) is the premier state government management institution in Chennai. Ranked #69 in NIRF 2025 Management, the department offers an affordable MBA programme. Anna University is affiliated to over 100 MBA colleges across Chennai through TANCET-based admissions.
| Parameter | Details |
|---|---|
| Programme | MBA (2 Years, Full-Time) |
| Total Fees (approx.) | Rs. 35,000 – Rs. 1,80,000 (government institution) |
| NIRF 2025 Rank | #69 (Management Category) |
| Entrance | TANCET (Tamil Nadu Common Entrance Test) |
| Affiliated MBA Colleges | 100+ across Chennai under Anna University |
| Avg. Package | Rs. 4.5 – 6 LPA |
| Best For | Affordable MBA with Tamil Nadu public sector preference |
Private Deemed – NAAC A++
Saveetha Institute of Medical and Technical Sciences (SIMATS) is a NAAC A++-graded deemed university, ranked among India's top 63 management institutions by NIRF 2025. Saveetha School of Management (SSM) offers the MBA in 7 specialisations. The programme is placement-integrated with industry grooming and dedicated placement drives.
| Parameter | Details |
|---|---|
| Programme | MBA (2 Years) |
| Total Fees | Rs. 6,05,000 |
| Specialisations | 7 (Finance, Marketing, HR, Operations, Analytics, etc.) |
| NIRF 2025 | Top 63 – Management |
| NAAC Grade | A++ |
| Entrance Accepted | CAT / XAT / CMAT / TANCET |
MMS colleges in Chennai fees vary significantly across institution type — from government-subsidised rates to premium private programmes. The table below provides a comprehensive fee comparison:
| Institution | Programme | Type | Total Fees (2 Yrs) | Entrance |
|---|---|---|---|---|
| DoMS – IIT Madras | MBA | Central Govt. | Rs. 2,35,000 – Rs. 12,00,000 | CAT |
| Anna University (CEG Campus) | MBA | State Govt. | Rs. 35,000 – Rs. 1,80,000 | TANCET |
| Hindustan Inst. of Technology & Science | MBA | Deemed (Pvt.) | Rs. 2,00,000 – Rs. 4,00,000 | CAT / MAT / TANCET |
| SSN School of Management | MBA | Autonomous (Pvt.) | Rs. 1,50,000 – Rs. 3,00,000 | TANCET / CAT |
| Saveetha School of Management (SIMATS) | MBA | Deemed (Pvt.) | Rs. 6,05,000 | CAT / XAT / TANCET |
| SRM School of Management – MMS | MMS | Deemed (Pvt.) | Rs. 6,45,000 | SRMJEEM / CAT / MAT / TANCET |
| SRM School of Management – MBA | MBA | Deemed (Pvt.) | Rs. 7,70,000 | SRMJEEM / CAT / XAT |
| LIBA Chennai | PGDM | Autonomous (Pvt.) | Rs. 13,00,000 (approx.) | CAT / XAT / GMAT |
| Great Lakes Institute of Management | PGDM | Private | Rs. 18,50,000 – Rs. 22,50,000 | CAT / XAT / GMAT / CMAT |
| ISBM Chennai – MMS | MMS | Private | Rs. 65,900 (PG listed fee) | Merit / CAT / MAT |
| Mugavari School of Business – MMS | MMS | Private | Contact institution | Merit-based |
*Fees sourced from official college websites and verified education portals (Shiksha, Collegedunia, GetMyUni). Always verify current fees with the institution directly before applying.
The admission process for top MMS colleges in Chennai follows these standard steps:
| Entrance Exam | Conducted By | Colleges Accepting in Chennai | Exam Mode |
|---|---|---|---|
| TANCET | Anna University (Tamil Nadu Govt.) | 100+ Anna University-affiliated colleges | Offline (OMR) |
| CAT | IIMs | IIT Madras, Great Lakes, LIBA, SRM, HITS, Saveetha | Computer-Based |
| XAT | XLRI Jamshedpur | Great Lakes, LIBA, SRM, Saveetha | Computer-Based |
| MAT | AIMA | SRM, HITS, Saveetha, VISTAS | Online/Offline/Remote |
| CMAT | NTA | Great Lakes, Saveetha, SRM | Computer-Based |
| GMAT | GMAC | Great Lakes, LIBA, IIT Madras | Computer-Based |
| SRMJEEM | SRM Institute | SRM School of Management (MMS & MBA) | Computer-Based |
| ATMA | AIMS | Select private colleges in Chennai | Online |
The top MMS colleges in Chennai offer a wide spectrum of specialisations to match different career goals:
| Specialisation | Available At (Examples) | Key Career Roles |
|---|---|---|
| Finance Management | SRM (MMS/MBA), LIBA, Great Lakes, Anna University | Investment Analyst, CFO Track, Banker |
| Marketing Management | SRM (MMS/MBA), LIBA, Great Lakes, HITS | Brand Manager, Sales Head, Digital Marketer |
| Human Resource Mgmt. | SRM (MMS/MBA), LIBA, Anna University, Saveetha | HR Manager, Talent Acquisition, L&D Head |
| Operations Management | LIBA, Great Lakes, Saveetha, SRM | Supply Chain Manager, Operations Head |
| Business Analytics / AI | Great Lakes, Saveetha, SRM MBA | Data Analyst, Business Intelligence Manager |
| Banking & Financial Services | SRM – MMS (dedicated specialisation) | Banking Professional, Relationship Manager |
| Airline & Airport Mgmt. | MSB Chennai – MMS (dedicated specialisation) | Airport Operations, Airline Management |
| Systems / IT Management | SRM, Anna University, LIBA | IT Manager, ERP Consultant, CIO Track |
| Tourism Management | MSB Chennai – MBA | Tourism Officer, Hospitality Manager |
Placement outcomes are a key criterion when evaluating top MMS colleges in Chennai. The following data is sourced from official placement reports and NIRF 2025 disclosures:
| Institution | Placement Rate | Avg. Package | Highest Package | Key Recruiters |
|---|---|---|---|---|
| DoMS – IIT Madras | 100% (2024) | Rs. 16.93 LPA | Rs. 29.65 LPA | McKinsey, Amazon, BCG, Deloitte |
| Great Lakes – PGPM | 100% | Rs. 17.8 LPA | Rs. 39.3 LPA | Accenture, Deloitte, Cognizant, IBM, Swiggy |
| Great Lakes – PGDM | 100% | Rs. 15 LPA | Rs. 39.3 LPA | EY, PwC, HSBC, Wells Fargo, HCL, Nestlé |
| LIBA Chennai | Strong | Rs. 10.5 LPA | N/A | Deloitte, ZS Associates, EY, Infosys |
| Saveetha SSM | Strong | Rs. 6.2 LPA | N/A | IT, BFSI, Consulting sectors |
| SRM (MMS / MBA) | 95%+ eligible students | Rs. 7.5 LPA (Overall, 2024) | Rs. 52 LPA | Aditya Birla, Bosch, Bajaj Finserv, ITC |
| MSB Chennai (MMS) | Active placement cell | N/A | N/A | PwC, EY, KPMG, Accenture, Infosys |
| ISBM Chennai (MMS) | Active | Rs. 5–7 LPA (reported) | N/A | Airtel, Cipla, Ola, MagicBricks (ISBM network) |
| Anna Univ. (DoMS, CEG) | Strong | Rs. 4.5–6 LPA | N/A | Manufacturing, IT, Public Sector |
How many MMS colleges are there in Chennai?
As of 2025–26, three institutions in Chennai formally offer the MMS (Master of Management Studies) degree: SRM School of Management (Kattankulathur), Mugavari School of Business (MSB), and ISBM Chennai. Chennai additionally has 150+ institutions offering MBA and PGDM programmes.
What is the fee for MMS colleges in Chennai?
MMS colleges in Chennai fees vary by institution. SRM School of Management charges Rs. 6,45,000 for 2 years for its MMS programme. ISBM Chennai lists Rs. 65,900 for its PG-level programme. MSB Chennai fees must be confirmed directly with the institution. MBA and PGDM fees across Chennai range from Rs. 35,000 (Anna University government institution) to Rs. 22,50,000 (Great Lakes Institute of Management).
Is MMS equivalent to MBA in Chennai?
Yes. The MMS is a UGC-recognised postgraduate management degree equivalent to the MBA in terms of academic standing and industry recognition. Institutions like SRM Institute (a deemed university) that formally confer MMS do so with UGC approval. Employers in Tamil Nadu and across India recognise both degrees equally.
Which is the top MMS college in Chennai by NIRF ranking?
Among institutions that formally offer MMS in Chennai, SRM Institute of Science and Technology is ranked #12 overall (University category) by NIRF 2024 and carries the strongest institutional ranking. In the broader management category for Chennai, DoMS IIT Madras leads at NIRF #13 (2025), followed by Great Lakes (#37) and Anna University (#69).
What entrance exam is needed for MMS admission in Chennai?
SRM School of Management accepts SRMJEEM, CAT, XAT, MAT, TANCET, CMAT, NMAT, and GMAT for MMS admission. ISBM Chennai accepts merit-based and CAT/MAT/XAT scores. MSB Chennai admits on a merit basis from qualifying exam performance. For MBA programmes in Anna University-affiliated colleges, TANCET is the primary exam.

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