Great Lakes Institute of Management, Chennai: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

Great Lakes Institute of Management is a premier business school in India known for its academic excellence and industry-oriented approach. Established in 2004 by Dr. Bala V. Balachandran and Mr. Mohan Lakhamraju, the institute has quickly risen to prominence in the field of management education. Great Lakes’ mission is to nurture socially responsible business leaders and entrepreneurs through innovative programs that integrate global perspectives with local realities. The vision of the institute is to be a leader in creating professionals and entrepreneurs who can navigate the complexities of the business world with integrity and agility.

Great Lakes offers a range of courses including full-time and executive MBA programs, postgraduate programs in management, and executive education programs tailored to meet the needs of working professionals. The faculty at Great Lakes comprises experienced academicians and industry experts who bring a wealth of knowledge and practical insights to the classroom, ensuring a holistic learning experience for students.

Over the years, Great Lakes has garnered numerous achievements and accolades, solidifying its position as one of the top business schools in India. The institute has consistently been ranked among the top B-schools by various publications and accreditation bodies for its academic rigor, industry connections, and innovative teaching methodologies. Great Lakes boasts an impressive track record of placements, with students securing lucrative job offers from leading companies across diverse sectors.

The institute provides state-of-the-art facilities to support the academic and extracurricular needs of its students. From modern classrooms equipped with the latest technology to a well-stocked library with access to a vast collection of resources, Great Lakes ensures that students have all the tools they need to excel in their studies. The campus also features recreational facilities, accommodation options, and a vibrant student community that fosters collaboration and networking opportunities.

Great Lakes Institute of Management: Course and Fees 2024 

Great Lakes Institute of Management stands as a leading business school in India, offering a diverse array of courses tailored to meet the aspirations of future business leaders and entrepreneurs. Renowned for its industry-aligned curriculum, innovative teaching methods, and global outlook, the institute equips students with the tools needed to thrive in the dynamic business landscape.

Catering to a wide spectrum of learners, Great Lakes provides full-time and executive MBA programs, postgraduate management programs, and executive education initiatives. The full-time MBA spans two years and immerses students in a comprehensive study of business essentials, leadership principles, and sector-specific insights. Meanwhile, the executive MBA caters to working professionals seeking to refine their management acumen and propel their careers while remaining employed. The postgraduate programs offer specialized expertise in areas like analytics, finance, and marketing within a condensed one-year timeframe. Additionally, the executive education offerings furnish working individuals with short-term opportunities to sharpen their competencies in targeted business domains.

Tuition fees vary across programs and duration. For instance, the full-time MBA charges INR 18.94 lakhs for Indian students and USD 32,000 for international students. The executive MBA costs INR 16.50 lakhs for Indian students and USD 28,000 for international students, while the postgraduate management programs require INR 12.75 lakhs for Indian students and USD 22,000 for international students. Executive education program fees fluctuate based on the specific program and its duration.

Here is a table that summarizes the list of courses, duration of the courses, and the average fees at Great Lakes Institute of Management for the year 2024:

FAQs on Course and Fees 2024

1. What is the duration of the courses offered at Great Lakes Institute of Management?

The duration of courses at Great Lakes Institute of Management includes a two-year full-time MBA program, one-year executive MBA programs, and one-year postgraduate programs in management, along with varying durations for executive education programs.

2. What is the average fee for courses at Great Lakes Institute of Management?

The average fees for courses at Great Lakes Institute of Management include INR 18.94 lakhs for the full-time MBA program (INR 32,000 for international students), INR 16.50 lakhs for the executive MBA program (USD 28,000 for international students), and INR 12.75 lakhs for postgraduate programs in management (USD 22,000 for international students). Executives education program fees depend on the specific program and duration.

Great Lakes Institute of Management: Admission Process and Important Dates 2024 

Great Lakes Institute of Management follows a comprehensive admission process for its various programs, ensuring a fair and transparent selection of candidates. The admission process typically includes multiple stages such as application submission, entrance exams, interviews, and final selection based on academic performance and work experience.

• Application Submission: Prospective candidates are required to submit an online application form through the institute’s official website. The application form includes personal details, academic qualifications, work experience, and other relevant information.
• Entrance Exams: Applicants may need to appear for entrance exams such as CAT, XAT, GMAT, or CMAT, depending on the program they are applying for. These exams assess the candidate’s aptitude, analytical skills, and readiness for a management program.
• Shortlisting: Based on the performance in the entrance exams, candidates are shortlisted for the next round of the selection process, which may include group discussions and personal interviews.
• Interviews: Shortlisted candidates are invited for personal interviews conducted by faculty members and industry experts. The interviews assess the candidate’s communication skills, leadership potential, and suitability for the program.
• Final Selection: The final selection is based on a combination of factors including academic performance, entrance exam scores, work experience, interview performance, and overall profile of the candidate.

Important dates for Admissions 2024

For the important dates related to the admission process at Great Lakes Institute of Management for the year 2024:

Prospective applicants are advised to regularly check the institute’s website for any updates or changes in the admission schedule.

FAQs on Admission Process and Important Dates 2024

1. What are the eligibility criteria for admission to great lakes institute of management?

The eligibility criteria for admission to Great Lakes Institute of Management typically include a bachelor’s degree in any discipline with a minimum specified percentage, relevant work experience for certain programs, and qualifying scores in entrance exams like CAT, XAT, GMAT, or CMAT.

2. What documents are required for admission to great lakes institute of management?

The documents required for admission to Great Lakes Institute of Management usually include academic transcripts and certificates, entrance exam scorecards, work experience certificates (if applicable), photo ID proof, and any other documents specified in the application form.

3. What is the application process for admission to great lakes institute of management?

The application process for admission to Great Lakes Institute of Management involves filling out an online application form on the institute’s website with personal details, academic history, work experience, entrance exam scores, and other relevant information, followed by payment of the application fee and submission of the form before the specified deadline.

Great Lakes Institute of Management : Placements 2023

In the year 2023, Great Lakes Institute of Management achieved remarkable success in placing its graduating classes, particularly the PGDM Class of 2023, which recorded a 100% placement rate by January 2023. This outstanding achievement attracted renowned national and international corporations to participate in the campus placement drive.

Some highlights of the 2023 placement season included:

• Participation from prestigious firms such as Bain, McKinsey & Company, JP Morgan Chase, Adobe, Nestlé, EY, PwC, Deloitte, HP, ITC, BNY Mellon, Accenture, Reliance Retail, Crisil, Lowe’s, Société Générale, Dell, Standard Chartered, and Wells Fargo, alongside over 30 new recruiters from various industries.
• A significant increase in the average CTC offered to the Class of 2023, reaching INR 14.5 Lakhs per annum, with the highest domestic CTC being INR 46 Lakhs per annum offered by a multinational technology corporation.
• Offers spanning diverse roles within various industries, including banking and financial services, consulting, fast-moving consumer goods, technology, automobiles, pharmaceuticals, retail, supply chain and logistics, and healthcare.
• Roles such as Product Manager, Project Manager, Business Analyst, Knowledge Analyst, Financial Analyst, Process Control Analyst, Consultant, Marketing Manager, Customer Success Manager, and Supply Chain Consultant were amongst the most sought-after positions.

FAQs in Placements 2023

1. What were the top companies that recruited from Great Lakes Institute of Management in 2023?

In 2023, top companies that recruited from Great Lakes Institute of Management included marquee regular recruiters like Bain, McKinsey & Company, JP Morgan Chase, Adobe, Nestlé, EY, PwC, Deloitte, HP, ITC, BNY Mellon, Accenture, Reliance Retail, Crisil, Lowe’s, Société Générale, Dell, Standard Chartered, and Wells Fargo among others.

2. What was the average salary package offered to students during the placements at Great Lakes Institute of Management in 2023?

The average salary package offered to students during the placements at Great Lakes Institute of Management in 2023 saw an increase to INR 14.5 Lakhs per annum, with the highest domestic CTC being INR 46 Lakhs per annum offered by a multinational technology corporation.

• Total enrollment : 240
• No. of international students : 50
• Ranking by NIRF : 31