In this paper, the hot deformability and mechanical properties of a novel Mn- and Nb- containing TiAl alloy were studied systematically with the use of isothermal compression experiments. The results show that the alloy has low deformation resistance and a low activation energy (392 KJ/mol), suggesting that the alloy has good hot deformability. A processing map was established, which shows that the present alloy has a smaller instability region and wider hot working window compared with other TiAl alloys. Microstructural observation shows that the initial lamellae completely transformed into fine equiaxial γ grains when the alloy was compressed at 1200 °C/0.01 s-1, which corresponds to the optimum deformation condition. Based on the above results, an intact TiAl billet was successfully fabricated by one-step large deformation using a four-column hydraulic machine. The microstructure of the billet is almost completely composed of recrystallized γ grains with large angle boundaries. Tensile testing shows the billet exhibits high tensile strength (780 MPa) and high elongation (1.44%) simultaneously, which benefits from fine γ grains with an average size of 4.9 μm. The ductile-brittle transition temperature is between 750-800 °C.