Measi Institute of Management, Chennai

Overview

MEASI Institute of Management (MIM) is a reputed Business School located in the city center of Chennai. MIM's courses incorporate five unique principles called MIM Prime: Participatory Learning, Research & Intelligence, Industry Connect, Mentorship & Guidance (primarily via alumni and Faculty members), and Expertise & Life Skills (through a strong training program).  Students are encouraged to complete live projects in addition to their summer internships, to ensure that their CVs are strengthened before the final placement season. All MBA students must choose two of the six specializations offered, including Finance, Marketing, and Human Resource Management. The Institute also offers Doctoral Programs in Management, and part time Management Development Programs for industry professionals.

The Placement Cell of MEASI Institute of Management works to establish long term recruiting relationships with the biggest and most reputed organizations in India and abroad. Some prominent recruiters include Global Logistics, Amazon, JLL India, Global Logistics, EY India, and Zoho Corp. MIM ensures that all MBA students are well prepared for the final placement season through a tie-up with an external professional training institute, through which both core and soft skills are enhanced. Finally, students must complete both a summer internship and a main industry defined project, totaling more than 4 months of immersion in a company. 

Student life at MEASI Institute of Management is vibrant. The main associations and clubs which have chapters on campus are the Youth Red Cross, Toastmasters Club, Red Ribbon Club, and the Rotaract Club.

Highlights

Fees

The details of the various academic fees and living costs charged by MEASI Institute of Management to its MBA students are as follows:

• Tuition fee:
  • Management Quota: INR 6 Lakh for the two year course.
  • Counseling Quota (via TANCET): INR 5 Lakh (INR 2.5 LPA).
• Other academic fees and living costs:
  • Donation to the MEASI Charitable Trust (tax deductible): INR 50,000 per year.
  • Special fee: INR 7,000 per year.
  • Books and other academic materials: INR 8,000 per year.
  • Usage of library and computer lab: INR 17,000 per year.
  • Other fees: INR 14,000 per year.
  • Hostel charges (boarding, lodging, and mess fees): INR 72,000 per year.

Admissions

The eligibility criteria for admission to MEASI Institute of Management, Chennai, are as follows:

• The applicant must have completed an undergraduate degree from any recognized University in India or abroad, with a minimum duration of 3 years.
• The percentage aggregate over all semesters during UG studies must be at least 50%. This criterion is relaxed to 45% for all reserved category applicants, including OBC and EBC.
• These criteria are used for admission via the Government Quota (through TANCET), and similar criteria are in place for students applying directly to MIM Chennai.

The steps in the application procedure via the Management Quota include:

• Registering online on the MEASI website, and choosing the MBA option.
• Filling up the online application form, attaching documents (including scans of UG academic transcripts, CAT / MAT / TANCET score sheet and degree certificates), and paying the registration fee.
• Downloading the online acknowledgement form.
• After all applications are submitted, MIM releases a list of shortlisted candidates based on academic consistency.
• Shortlisted candidates must appear for the MIM Entrance Test. They are evaluated based on five skills: English language proficiency, logical and  cognitive ability, general aptitude, numerical skills, and problem solving skills.
• Candidates who pass both rounds are invited to participate in the Group Discussion and Panel Interview rounds. The panelists are industry experts, alumni, and professors of MEASI Institute of Management.
• The Final Admission List is published by MIM after the GD and PI rounds. Students can confirm their acceptance of the offer by paying the first semester’s fees.

Placements

As one of the top MBA colleges in India, the placement highlights  of MEASI Institute of Management, Chennai, are as follows: 

• MEASI Institute of Management has two organizations - one internal and one external - that ensure strong career training and job allocation.
  • The Placement Cell contacts companies and ensures that opportunities are available for short term and long term employment.
  • In addition, MIM has tied up with a professional training institute that assists students with everything from soft skills to career counseling, and mock interviews to Group Discussion training.
• Some prominent recruiters from the MIM campus include Amazon, Ernst & Young India, Zoho Corp, and Citibank.
• All students must complete a summer internship in any company for a minimum duration of one month.
• In addition, they must undertake a major project under the mentorship of a faculty member and an industry supervisor for three months; this is graded, and a detailed project plan must be submitted. This is a unique format, and ensures additional professional training for all students.

Cut-Offs

TANCET 2025 cut-offs for different Institutes are not decided in advance; they are decided after each round of counseling, based on the number of candidates interested in MBA in each college and the marks scored by the last candidate who is offered an MBA in MIM Chennai. If some students drop out of the process, more applicants are allowed in, and the cut-off drops further. The final cut-off is published at the end of the process. The only pre-decided cut-off is based on the UG aggregate marks: general category candidates must have an average performance above 50%, and reserved category candidates’ UG aggregate must exceed 45%.

Faculty & Alumni

MEASI Institute of Management, Chennai, is home to 18 full time Faculty members. 83% of the Professors have PhD degrees. The Faculty members are drawn from the world of academia and industry, ensuring a good  mix of theory and practical training. Other than the Director, who is a Full Professor, there are 3 Associate Professors, and 14 Assistant Professors. There are also 12 members of the Support Staff, from the Head, Human Resources, to the Head Admin, and the Executive Coordinator.

The Alumni Club of MEASI Institute of Management gives recent MBA graduates a chance to connect with over 250,000 alumni of various institutions under the MEASI umbrella. Most students use this to build stronger professional networks and grow their own businesses. The Alumni Association organizes regular events on the MIM campus as well as in other cities, for local alumni chapters. It also ensures social welfare by encouraging alumni to give back through donations to financially disadvantaged current students and to the Institute for its infrastructure activities. The Alumni Portal keeps ex-students informed about activities on campus, and provides a way for alumni to provide internships and job opportunities for the benefit of current students.

Scholarships

Unlike the situation in the other top MBA colleges in India, there are multiple financial aid options available to students of MEASI Institute of Management, Chennai, but they are all external. MEASI Institute of Management does not currently provide scholarships to its students. However, students are free to apply for public sector scholarships, including Tamil Nadu State Government scholarship schemes and Central Government financial aid plans. They may also apply to private organizations for scholarships e.g. the OP Jindal Foundation.

Preparation & FAQs

Applicants to the MBA program at MEASI Institute of Management, Chennai, must prepare carefully for the TANCET MBA and the MIM entrance test. Before giving the final exam, candidates who are interested in appearing for TANCET 2025 should practice their timing and accuracy skills by attempting mock tests. In our experience, candidates who are well versed with the TANCET mock test have a better average performance in the actual exam. Each question should be attempted in one minute (on average) to get an accurate assessment of the speed required during the TANCET 2025 examination. Students who choose to submit CAT or MAT scores instead of TANCET should attend coaching classes and solve CAT mock tests to ensure a high percentile score.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Chennai?

MEASI Institute of Management, Chennai, is one of the best MBA colleges in India, and is a contender for best Business School in Chennai. It is ranked #70 among all Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. Which specializations are offered by MEASI Institute of Management, Chennai, to its MBA students?

MBA students of MEASI Institute of Management can choose from among 10 specializations, including Finance, Marketing, Logistics & Supply Chain, Business Analytics, Hospital Management, Human Resource Management, Systems, Production & Operations Management, Entrepreneurship & Family Business, and Tourism & Hospitality.

Q. What is the syllabus and exam pattern for TANCET 2024 and TANCET 2025?

The TANCET MBA entrance paper has the following sections, with 25 multiple choice questions in each segment:

• Verbal Aptitude
• General Knowledge
• Quantitative Aptitude
• Logical Reasoning

The syllabus is similar to those of other MBA aptitude tests (e.g. CAT, GMAT, XAT).

Q. Which subjects must have been taken at Undergraduate Level to appear for  the MBA paper in TANCET 2025 and for the MIM Entrance Test?

Students with any Bachelor’s degree can apply for MBA via TANCET 2025 as long as they have completed at least three years of undergraduate education. 

Q. Which textbooks should be used to prepare for the MIM Entrance Test?

Rather than following textbooks, MBA aspirations via the MIM Entrance Test should solve previous years’ exam papers and use online resources to prepare for different sections. For example, verbal reasoning can be mastered by studying word lists and solving multiple questions on sentence correction, paragraph reading comprehension, etc.