Great Lakes Institute of Management

Estd. Year : 2004
Chennai,Tamil Nadu
Affiliation : AICTE
Type : Private
Accreditations : AACSB
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  • Established: 2004
  • Type of Institute: Private
  • Courses Offered: PGPM, PGDM, PGXPM, PGPM Flex
  • Affiliation:  Affiliated with AICTE

Accreditations & Approvals:

  • Accreditation by the Association to Advance Collegiate Schools of Business (AACSB), USA.
    • Accredited by AMBA, UK
  • Accredited by SAQS (South Asian Quality Assurance System).
  • Approved by AICTE
  • NBA Accreditation.

Ranking

  • Ranked 5th in Analytics B schools by Analytics India Magazine.
  • Ranked 3rd in Top Standalone Institution by Outlook.
  • Ranked 9th in Top B schools by Business India
  • Ranked 2nd in Top Indian B school by Business Standard.
  • Ranked 34th in Management by NIRF 2024.

About Great Lakes Institute of Management, Chennai

It is located in Chennai and was established in 2004 when Chennai was still a thriving business city. A stalwart pioneered the Great Lakes Institute of Management, Dr. Bala V. Balachandran. Rigorous academic programs and extraordinary placement records have brought the institute to a rank where it emerged superior to its competitors in India's competitive landscape for management education. However, regarding some of its most state-of-the-art facilities, Great Lakes has only one campus spanning 32 acres. It is perhaps made all the more prominent not only by its new-age infrastructure but also by the emphasis on sustainability: this place is the first in South Asia to be awarded LEED Platinum certification.

The institute provides a wide array of postgraduate programs, including the flagship ones: the highly sought-after Post Graduate Diploma in Management (PGDM) and the Post Graduate Programme in Management (PGPM). The programs are designed to equip the students with the needed skills to seek success in this dynamic business environment. It boasts numerous ranks and recognition, such as rank 34 in the NIRF 2024 management category and recognition from various international accreditation bodies, AMBA, and AACSB.

Great Lakes Institute of Management in Chennai undertakes all-encompassing, innovative education tailored with a view to sharpen the student's skills for success in this evolving business landscape.

Education at Great Lakes Institute of Management, Chennai

Academic Programs

Post Graduate Programs

  • Post Graduate Program in Management (PGPM): This is the flagship one-year program, which is for working professionals who have at least two years of experience. The program focuses on developing leadership skills through a rigorous curriculum consisting of core subjects like Financial Accounting, Marketing, and Business Analytics, besides electives aligned with the interests of the students.
  • Post Graduate Diploma in Management (PGDM): It is a two-year full-time program that primarily focuses on young leaders with less than two years of experience. It is more on the approach of emerging economies and their growth and offers a very strong foundation in management principles.

Executive Education

It also has customized executive education that caters to experienced professionals looking forward to enhancing managerial and leadership skills through measurable outcomes in businesses.

Specialized Courses

The institute offers various special courses, including the Post Graduate Executive Programme in Management (PGXPM) for more mature executives and the PGPM FLEX program, which allows working professionals to be at work while continuing their education.

Advantages at Great Lakes Institute of Management, Chennai

Great Lakes Institute of Management in Chennai provides various benefits that make it a top choice for students who want to be business professionals. A few of them are as follows:

  • Rigorous Programs: The flagship one-year postgraduate program in management (PGPM) for experienced professionals and the two-year postgraduate diploma in management (PGDM) for fresh graduates mainly focus on the amalgamation of theoretical knowledge with practical implementation through a wide gamut of experiential learning initiatives.
  • Specialized Learning: The students have the option to choose from various streams such as Consulting, Product Management, Data Science, and Fin-Tech, thus allowing the student to have an exactly career-focused education.
  • Sustainable Campus: The campus spans over 32 acres and has been adjudged as the first LEED Platinum Rated Green Campus in South Asia, thus, environmentally friendly and a conducive place for learning.
  • Modern Infrastructure: The infrastructures are as diverse as hostels, ranging from individual to very advanced classrooms, auditoriums, and high-speed internet connectivity are constructed to enhance student experience.
  • Corporate Relationships: Great Lakes has collaborated with several leading industries to provide internships and placements relevant to current market needs. This connection helps bridge the gap between academia and industry.

The Corporate & Career Services department is squarely placed in the context of maximizing placements with fantastic success statistics that prove the effectiveness of career support initiatives.

Faculty:

  • Suresh Ramanathan || Dean and Principal
  • Vidya Mahambare || Professor
  • Chandrika Raghavendra || Assistant Professor
  • Muthuraj M || Assistant Professor
  • Raj Krishnan Shankar || Program Director PGPM
  • Abhishek Banerjee || Assistant Professor
  • Sanjoy Sircar || Professor 
  • Neeraj Jain || Professor
  • Sriram D. || Professor

Courses Offered 

Post-graduate

  • PGPM
  • PGDM
  • PGXPM
  • PGPM Flex

Eligibility & Admissions:

The Great Lakes Institute of Management in Chennai has a structured and competitive admission process designed to select high-caliber candidates for its varied management programs. Here's an overview of the eligibility criteria and admissions process:

Eligibility Criteria

For PGDM

  • Educational Qualification: The candidate must be a graduate in any discipline from a recognized institution and have a minimum aggregate score of 60% across Class 10, Class 12, and undergraduate studies.
  • Work Experience:
  • For PGPM (one-year program), 2-3 years of work experience
  • For PGDM (two-year program), freshers or till 3 years of work experience.

Entrance Exam Scores: Valid scores in any of the entrance exams

  • CAT 2023/24
  • XAT 2024/25
  • GMAT taken after 1st Jan, 2022
  • NMAT 2023 onwards

Selection Process

  • Entrance Exam Scores: The candidate will be shortlisted based on the scores in the accepted entrance exams.
  • Essay Writing: This is another part of the application process, where shortlisted candidates are supposed to provide essay writing that constitutes part of the application process.
  • Personal Interview (PI): Later, shortlisted candidates will be called for PI, which forms an integral part of the selection process

Application

  • Online Application: Candidates can apply through the online form given on the official website of Great Lakes along with an application fee of INR 2,000.
  • Submission of Documents: Next, the applicants will have to submit all the documents as required by the college for verification.
  • Final Selection: Candidates clearing the PI round will be provided with the scholarship for the admission process, in case documents get verified and fees paid.

PGXPM Eligibility and Admission

Eligibility Criteria

  • Academic Qualification: Candidates must have a Bachelor's degree in any discipline or equivalent, with a minimum aggregate of 50% across the entire period of study.
  • Work Experience: A minimum of 8 years of full-time work experience is required by October 1, 2024. This will be doing immense in-depth richness to class discussion, peer learning, etc.

Other Eligibility:

  • Two recommendations from professional contacts
  • Statement of Purpose (SOP): about why the candidate wants to do the program

Admission Procedure

  • Application Form: one needs to apply through the online application form and apart from this, one needs to pay an application fee of ? 1,500.
  • Shortlisting: Applications of the candidates are shortlisted based on their academic background, work experience, and clarity of purpose.
  • Interview: The shortlisted candidate is called for a personal interview in which it is evaluated whether the candidate is suitable for the program or not.

Eligibility Criteria for PGPM Flex Admission

Essential Qualifications

  • Academic: Bachelor's degree in any discipline with a minimum 50% aggregate across Class 10, Class 12, and undergraduate studies.
  • Work Experience: Minimum 2 years of experience. Candidates with experience ranging between 18 to 24 years can also be considered based on their excellent academic performance.

Selection Process

  • Written Test: The applicants undergo a written test conducted by Great Lakes as part of the selection process.
  • PI: After the written test, there will be a personal interview by which the aptness of the candidate for the program will be accessed.

Fees & Scholarships:

Fee Structure

  • PGPM
Program & Academic Fees INR
Tuition Fee 1150000
Program Fee 645000
Total Fees 1795000
Others  
Accommodation Charges (Single AC) 370000
Caution Deposit (Refundable) 10000
Alumni Subscription 5000
Total Fees 2180000
  • PGDM
Program & Academic Fees INR
Tuition Fee 945000
Program Fee 532000
Total Fees 1477000
Others (include)  
Accommodation Charges (Twin AC) 588000
Caution Deposit (Refundable) 10000
Alumni Subscription 5000
Total Fees 2080000
  • PGXPM
Program Fee 12,35,460
Total Fee 12,35,460
  • PGPM Flex
Program Fee 9,85,300
Total Fee 9,85,300

Scholarships

  • Merit Scholarship
  • Need-based Scholarship
  • AUSAT Scholarship
  • Women's Scholarship
  • Minority Scholarship
  • Disability Scholarship

Placement

A placement track record can be created for the Great Lakes Institute of Management in Chennai by focusing on students and interacting with industry. It was also remarkable how the placement season for the Class of 2024 saw a 100% placement rate for the PGDM program without a blot in the otherwise exemplary performance for the year.

The institute attracted more than 50 new recruiters, besides Deloitte, HSBC, and Accenture among the other established companies. It offered diverse roles in BFSI, Consulting, Technology, and Healthcare to its students.

Placement Statics:

PGPM

  • Highest Package Offered: 39.3 LPA
  • Average Package Offered: 17.3 LPA

PGDM

  • Highest Package Offered: 37 LPA
  • Average Package Offered: 15.1 LPA

5 Year Placement Statistics

  • PGPM
Year Highest Average
2024 39.3 LPA 17.3 LPA
2023 34 LPA 18 LPA
2022 35 LPA 17 LPA
2021 31 LPA 13 LPA
  • PGDM
Year Highest Average
2024 37 LPA 15.1 LPA
2023 46 LPA 14.5 LPA
2022 25.8 LPA 12.5 LPA
2021 21.5 LPA 11 LPA

Top Recruiters

American Express Aditya Birla Capital Adobe African
Cognizant Airtel DELOITTE Axis bank
Axtria Beghou Berger Paints Accenture
Hp Blackberry BOSCH CAMS
Cisco Crisil DELL  

 

Campus Life

Campus life at Great Lakes Institute of Management, Chennai is buoyant and enriching with a healthy mix of academic challenges and extracurricular activities. Here is an overview of the main aspects of campus life:

Infrastructure of the Campus

  • The Great Lakes campus is spread over 32 acres of land and built to improve the learning-friendly environment. 
  • State-of-the-art classes are equipped with advanced and modern technological equipment, spacious common areas, and even green spaces where interaction and relaxation could be possible. 
  • Being a LEED Platinum campus, this facility speaks volumes for sustainability.

Hostel Facilities

  • Accommodations are comfortable as well as diversified: different types of rooms available single, double, and three-sharing. 
  • Hostels are well-maintained, with necessities like air conditioning and Wi-Fi available.
  • Food places both North and South Indian food are served, hence meeting the most varied tastes.

Library

  • The Great Lakes library is one of the good facilities students are given. It is a very good place for reading and studying since, in it, one can access many books, journals, and other digital sources to browse 24/7 without restrictions. 
  • Students can make use of a library 24/7 as needed to study. In addition, academic events and workshops are also organized within the library.

Sports and Fitness

  • Great Lakes fosters a healthy lifestyle through numerous sports and fitness facilities. 
  • It offers cricket, volleyball, basketball, and indoor games such as table tennis and carrom. 
  • A fully equipped gym is also available for students who want to maintain their fitness levels.

Safety and Security

  • It also provides safety and security to its students. Security people patrol the campus 24 hours a day and night for the safe stay of all the inhabitants of the institute. 
  • Access control is adopted to keep security within the hostel premises.

Transportation Facility

  • Being about 40 km from the city of Chennai, Great Lakes provides transport facilities to commuter students traveling in and out of the campus. 
  • This facilitates shuttle services that make access to several nearby urban areas easy for shopping and other leisure activities.

Other Facilities

  • Apart from the academic materials, Great Lakes provides various clubs and committees that can be categorized as business clubs and cultural societies. 
  • Different groups have all sorts of events scheduled throughout the year that enhance community engagement and personal growth for the students. 
  • In addition, the campus is provided with cafeterias where students can enjoy their snacks and refreshments.

Specialized features

One of the reasons the Great Lakes Institute of Management at Chennai is the winner of this category is due to its several specialized features that add value to the learning experience for its students, especially in flagship programs Post Graduate Program in Management (PGPM) and the Post Graduate Diploma in Management (PGDM). Some of these special features include:

1. Industry-relevant curriculum

It is upgraded with respect to these changing needs of the industry, and trends emerging from focus groups conducted with industry heads. It delivers skills and competency to the students at the right time for success in the real world.

2. Dual Specializations

Students also have the option to follow dual specializations across a range of disciplines, from finance and marketing to operations and consulting, data science, and analytics. Such flexibility allows graduates to tailor education to meet specific career aspirations and demands from the market.

3. Impact Skills Labs

The institute consists of special labs designed to enhance the practical skills of its students, including communication, data analysis, and storytelling. These labs help develop the hands-on skills of students and train them to apply theoretical knowledge to real-life situations.

4. Personalized Mentorship

Each student is mentored by a faculty member to guide the student's academic progress and his or her career objectives. This structured mentoring program helps the students get that personal guidance throughout the academic period.

5. Strong Industry Relations

Great Lakes has strong relationships maintained with key industry players allowing hosting guest lectures and workshops by industry experts. Programs such as the Product Management course delivered by PayPal allow firsthand experience and hands-on knowledge to students in particular fields

 

Frequently Asked Questions

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Great Lakes Institute of Management provides the following courses: Post Graduate Diploma in Management (PGDM), Post Graduate Program in Management (PGPM), Executive Post Graduate Program in Management (PGXPM) along with the PGPM Flex for working professionals. Additionally, it also provides specialization programs like MBA in Business Analytics and Global PGP for Family Enterprises Management.

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