Are you interested in pursuing a management course in India? Tired of scouring the internet for a good management institute? You can stop the search now, sit back and relax! We will give you an overview of the Great Lakes Institute of Management and you’ll know why this is the apt place for you. 

Great Lakes Institute of Management

Established in 2004, the Great Lakes Institute of Management (GLIM)is one of the many private business schools in India. The institute was founded by Bala V Balachandran after the establishment of the Indian Business School (ISB). He wished for a well-reputed business school with an educational set-up similar to the ISB in his hometown, Chennai. That is how the Great Lakes Institute of Management became the first business school to offer a one-year management course in India. As of today, this institute has two campuses — one located in Chennai, Tamil Nadu and the other located in Gurgaon, Delhi NCR. The institute has been ranked at the 4th position by the Outlook 2021 and at the 24th position by the NIRF 2021 ranking. Besides its affiliation with AICTE, it has also gained multiple global accreditations such as the NBA, AMBA, and SAQS.

We have given you a brief introduction to how the institute came to be. Now, let us take a look at the courses offered by this institute. 

Courses Offered

The courses offered at the Great Lakes Institute of Management are as follows: 

Courses Offered
Post Graduate Diploma in Management (PGDM)
Post Graduate Program in Management (PGPM)
Executive Post Graduate Program in Management (PGXPM) 
Post Graduate Program in Management Flex (PGPM Flex)

Eligibility Criteria

The eligibility criteria for applying to any of these programs at the Great Lakes Institute of Management are as follows: 

  • You must have completed your undergraduate degree with an aggregate of 60% or above.
  • You must have a minimum of two years of work experience. 
  • You must have a valid CAT or GMAT score. 

While these are general eligibility criteria, the work experience requirements might tend to differ depending on the course. The work experience requirement for the executive PGPM course is a minimum of 8 years or more. Similarly, besides the GMAT or CAT scores, for certain courses such as the executive PGPM and the PGPM flex, you might even be required to take the Great Lakes aptitude test to be eligible. We will now explore the eligibility criteria for various courses at Great Lakes. 

Fee Structure

The Great Lakes fee structure for the courses offered at the Institute are as follows: 

Course Offered Tuition Fee
PGPMINR 19,25,000
PGDMINR 11,76,000
PGPM FlexINR 19,25,000
PGXPMINR 9,95,000

As you can see, studying at Great Lakes can be an expensive affair. However, the return on investments is rather high. We will explore this in the next section.  

Career Opportunities

You must wonder what career opportunities are available for you once you graduate from Great Lakes. We are here to tell you that not only are there diverse career opportunities to choose from but you will also be employed by reputed brands and companies. The institute conducts a placement drive each year to help each batch get placed and the results of each placement drive have been phenomenal.

Multiple recruiters were part of the placement drive conducted in 2021. Some of the top recruiters included Accenture, Deloitte, TCS, LTI, EY, Virtusa, Cognizant, Microsoft, Mind Tree, Infosys, HCL, and Birlasoft. The job positions offered during the placement drive included business analytics, finances, business consulting, tech consulting, sales and marketing, operations, project management, and product management.

 Let us take a look at the statistics of the Great Lakes placement report 2021.

Great Lakes Placement Report 

According to the Great Lakes placement report 2021, 90% of the PGPM batch has been placed and placement processes are still taking place. As per the report, the highest salary during this drive was around INR 32,00,000 per year and the average salary offered was INR 14,00,000 per year. Similarly, the report also provides us statistics for the PGDM batch. According to the report, 100% of the PGDM batch has been placed. The highest salary offered to the PGDM batch was INR 21,50,000 per year and the average salary offered was INR 11,00,000 per year.

 The table below will provide you with a quick overview of the placement statistics of the 2022 PGPM batch and PGDM batch. 

Batch PGPMPGDM
Percentage of Students Placed 90%100%
Top Recruiters Infosys, Deloitte, Accenture, HCL, TCS, LTI etc. HDFC, HSBC, Barclays, JP Morgan, McKinsey, Deloitte, etc.+
Top Job Position OfferedTechnology Consulting Sales and Marketing
Highest CTC INR 31,75,000INR 21,50,000
Average CTC INR 13,63,000INR 11,00,000
Average Salary offered to the Top 10% of the Batch INR 20,70,000INR 18,00,000
Average Salary offered to the Top 25% of the BatchINR 17,90,000INR 15,01,000
Average Salary offered to the Top 50% of the BatchINR 16,30,000INR 13,01,000

As per these figures, it is evident that the returns on investment are quite high. You can easily earn the amount spent on your tuition fees within the first year of your employment. Additionally, as you gain expertise and work experience, your salary is bound to increase exponentially. 

We have given you a brief overview of the Great Lakes Institute of Management that includes the courses offered, fee structure, eligibility criteria, and career opportunities once you graduate. So, what are you waiting for? Begin your application process now.

FAQs

  1. What is the Great Lakes Institute of Management cutoff GMAT score for its executive MBA course?

A: The GMAT cutoff score for the Great Lakes Executive MBA program is a score of 600 or above.

  1. How much is the Great Lakes Institute of Management fees for MBA

A:  The Great Lakes Institute of Management MBA fees or PGDM fees is around INR 11,76,000 per year. 

  1. What is the eligibility criteria for Great Lakes’ PGPM Flex program?

A: The eligibility criteria for the Great Lakes’ PGPM Flex program is as follows: 

  • Must have completed 15 years of education with an aggregate score of 50%. 
  • Must have at least 2 years of work experience. 
  • Must have valid GMAT, CAT, XAT, or CMAT scores.

All the best!

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