I think Great Lakes is a better option than IIM Amritsar. The following points support my opinion

• Establishment: IIM Amritsar is a baby IIM established in 2015 and has yet to make its mark in the industry. Great Lakes is a relatively old college with a better campus and curriculum.
• Faculty: The faculty at Great Lamar’s is more stable and varied while the faculty at IIM Amritsar comprises mostly visiting faculty.
• Brand Name: Despite being an IIM, IIM Amritsar lacks credibility while Great Lakes enjoys a great brand name.
• Industry exposure: Despite being an IIM, IIM Amritsar lacks the necessary industry exposure which is great in the part of the Great Lakes.
• Placements: The placement scenario at Great Lakes is much better than that of Amritsar. So if your ultimate goal is to get a high-paying job, Great Lakes should be your choice.

Although my opinion is strongly against IIM Amritsar, it’s only because it’s a new IIM. Any older IIM is a better choice than IIT. MBA is all about investment and ROI which is great in the case of older IIMs. I have still seen many people choose Amritsar over IIT just because of the IIM tag. So do what your heart says.

Some students pursue an MBA/PGPM to learn about various aspects of business and management; others pursue it to network, and still, others pursue it to gain expertise in a specific field. However, everyone does it in order to succeed for the whole of their long career and advance their professional prospects. Management positions, consultants, human resources professionals, and entrepreneurs are all possible career paths.

Having said that, an MBA/PGDM program should be objectively evaluated as well as subjectively positioned. The structure, outcomes, exposure, and career services of the program should be updated on a regular basis. 

• Looking at Great Lakes Chennai, both its PGPM (with 2+ years of work experience) and PGDM (with 0-2 years of work experience) programs are designed to incorporate global recurring changes into themselves, to transform management graduates into future-ready executives, and to instill in graduates a sense of compassion and social responsibility, both of which are essential for managers of tomorrow.

Great Lakes' application-oriented teaching-learning pedagogy and holistic learning environment enable it to provide its graduates with excellent career opportunities.

For PGDM, the average CTC offered to the Class of 2022 increased by 13% to INR 12.5 LPA, with a multinational consulting firm offering the highest domestic CTC of INR 25.8 LPA. Bain, McKinsey, JP Morgan Chase, Adobe, Nestlé, EY India, HP, ITC, PayU, Accenture, Cognizant, ICRA, Crisil, TAS, Société Générale, Deloitte, Swiggy, Standard Chartered, and Wells Fargo are some notable recruiters. The Class of 2022 (PGPM) had an excellent season, with the batch's average CTC increasing by 31% from 13.6 lakhs p.a. to 17.86 lakhs p.a. A major multinational software products corporation offered the batch the highest domestic CTC of 35 lakhs per year. Major recruiters such as Microsoft, Accenture, ADP, Bain, Bristlecone, Deloitte, Cognizant, EY GDS, FedEx, HCL, Infosys, Incedo, Optum, Tiger Analytics, Zoom, and ZS Associates participated in the season.

• When it comes to IIM Jammu, despite being a relatively new institute, it has come a long way, with significantly improved and fairly decent placements available to its graduates.

While the IIM brand is one of the most obvious advantages of IIM Jammu, leveraging the IIM brand would take years. People should not join the institute solely for the IIM brand. During the 2022 placement drive, 119 companies participated and 217 students applied for placements, resulting in a high number of placements.

The entire procedure was carried out virtually. The average CTC increased by 13% to INR 13.53 LPA, with the highest CTC at INR 32 LPA. The institute also released its summer internship placement report for the class of 2022, in which 100% of students were offered internships and the highest stipend was INR 3 Lakhs, while the average stipend was INR 44.8K. Accenture, Amazon, Aditya Birla Group, BYJU's, Deloitte, CollegeDunia, HDFC Bank, Infosys, ICICI Bank, Optum, and PwC were among the recruiters who took part in the 2022 placement drive.

The first choice between the two is GLIM, Chennai, which offers a fantastic and promising career.