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How is the hostel life for PGPM at Great Lakes, Chennai?
Great Lakes is a heaven for nature lovers as you will be witnessing hues of green everywhere be it the mess or the hostel. The natural beauty adds to the overall serenity of the campus and gives soothing vibes to the students. Great Lakes Chennai is a Platinum LEED-certified campus where you can get a breath of fresh air and let out all the stress. You will see a wide variety of flora and fauna adding to the beauty of the campus.
Great Lakes hostel life is very lively and happening. Students can be seen involved in a number of activities. Every kind of festival is celebrated here to maintain the diversity of cultures.
Great Lakes has a number of student-run committees that encourages students to harness their talents and motivate them to participate in all national competitions.
Overall, Great Lakes has a great campus life in general and a comfortable hostel life specifically with all basic amenities.
Where does Great Lakes and TAPMI fit in the hierarchy of MBA colleges in India?
There are a lot of different rankings given to B-schools by different organizations such as NIRF, India Today. Great Lakes is currently ranked 31st and TAPMI is ranked 38th.
|
Ranking Agency |
Great Lakes |
TAPMI |
|
NIRF |
31 |
38 |
|
Business Today |
23 |
32 |
|
Outlook |
6 |
19 |
|
Business India |
1(In South India) |
18 |
Great Lakes ranks above TAPMI according to all the respected organizations.
Is it good to join PGPM FLEX program offered by Great Lakes Chennai for a person who is 2 year experienced in financial institution?
The Great Lakes PGPM program claims to help you in switching jobs or functions by enhancing your knowledge base and managerial skills. But the truth is far from this. I know a friend who is an IT engineer with 8 years of work experience who completed the PGPM flex program to switch from the tech stream to the management stream but failed to do so. The result might be different for you though. So the subjectivity can best be clarified through the following pros and cons
Pros:-
- PGPM Flex has a diverse curriculum comprising a wide range of subjects taught by professionals who are experts in their respective fields.
- You will get a taste of the regular courses because of their similar pedagogy and curriculum.
- Your peer pool will be a mixed bag from all over the country so the learning experience is unique.
Cons:-
- The degree is invaluable in most organizations.
- Does not affect your future prospects to a great extent.
- The degree is not recognized by WES.
Overall, the degree adds little value to your profile though the effect may vary from person to person.
Which college is better for an MBA, GLIM, Chennai, or NIBM, Pune?
NIRF ranked GLIM, Chennai as the 18th best management college in India. It is one of the finest Business Schools in the country.RBI established National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list popularly known for Finance and Banking.
The table given below shows a brief overview of both institutions:
|
Particulars |
NIBM |
GLIM |
|
Rank |
88 |
23 |
|
Fees |
1.2Lakhs |
17-19 Lakhs |
|
Highest Package |
18 LPA |
18.30 LPA |
|
Average Package |
10 LPA |
9.30 LPA |
Admission Procedure:
NIBM:
- The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges.
- The seat intake is around 120 seats.
- CAT, XAT(80%), CMAT(95%) exams are accepted here.
- Followed by writing tests and interviews.
GLIM :
- Candidates must have a bachelor's degree in any branch.
- Candidates in the final year of their course can also apply but only PGDM, not PGPM course.
- CAT/XAT/CMAT/GMAT scores are accepted here.
- Candidates are shortlisted on the CAT/XAT/CMAT/GMAT scores followed by personal interviews.
- The basic fee structure for PGPM is INR 18-20 Lakhs and for PGDM is INR 17-19 Lakhs, including all living expenses.
Infrastructure :
- NIBM campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Posses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24X 7.
- GLIM has good access to library and AV resources. Holds AC residential accommodations supported with other basic amenities like a mess, TV, security, store, etc. Wi-Fi enabled campus. Supported with other facilities like labs, cafeteria, gym, Hospital, sports complexes, etc.
Placements:
NIBM:
- NIBM assures 100% placement.
- The highest package calculated is around INR
- INR is the estimated average package in NIBM.
- Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM.
GLIM:
- The Highest CTC records to be 34.50 LPA and the Average CTC is INR 12.33 LPA in PGPM.
- The Highest CTC records to be and the Average CTC is INR in PGDM.
- 80-90% of GLIM students get placed.
- JP Morgan, RBS, Mc Kinsley, Indegene, IPAC, ICICI Prudential, etc. are the first time recruiters.
Both the B-School's package range is relatively the same. If you are interested in banking and finance, there is no better match than NIBM but if you are aspiring for something different then your choice may vary. It's totally based on the domain you are interested in.
Is it worth it to pursue the PGPM course from Great Lakes Chennai?
It solely depends on your preferences. Before making a final decision, it is better to be aware of the points given below
Fee Structure - PGDM course will cost you around INR 18 lakhs, and it is not worth spending more than 10 Lakhs for this course.
Scholars – Great Lakes is gifted with well-experienced and qualified teachers. Almost all the leading colleges have professors of the same strata
Placement
|
Highest Package |
INR 12 Lakhs per annum |
|
Average Package |
INR 6.55 Lakhs per annum |
Campus Life and Infrastructure - Great Lakes Institute of Management offers comparatively good infrastructure facilities to its students. This campus life ensures both your personal and intellectual growth as an individual.
Thus, you can choose GLIM after considering the aforementioned factors.
How can I get admission into Great Lakes, Chennai?
The selection process at Great Lakes is done based on your GMAT/CAT/XAT/CMAT scores and the interview session. Great Lakes Institute of Management, Chennai, follows a particular criterion in the interview process that mainly gives importance to:
- Academic Abilities
- Standardized Test Scores
- Leadership and Interpersonal Skills
- Integrity and Ethical Values
- Diversity of Background
If you are confident enough in your qualifications and skills, you can easily secure a seat at Great Lakes Institute of Management
Is Great Lakes-Chennai PGPM a better choice than IMI Delhi for a major in Finance?
IMI Delhi is a relatively better choice, especially for pursuing a major in finance, as they have fantastic placement support. Let us have a detailed view of IMI Delhi
Scholars – IMI Delhi is gifted with well-qualified and experienced faculty support. You will have the opportunity to attend the classes of genius scholars like Sanjay Dhamija
Subjects – Students can advance their knowledge by exploring a wide array of subjects like Investment Banking, Equity Research and Portfolio Management, Private Equity, Treasury and foreign exchange, wealth management, and so on.
Clubs and Society- There are finance clubs and an Investment society, which encourage the students to get actively attracted to the subject knowledge and allow them to be updated
So, never hesitate to choose IMI Delhi.
Is an MBA (PGPM 1 year course) from Great Lakes Chennai worth 19 lakhs?
It is based on your interests. Great Lakes is a comparatively good institute that offers effective academics and the best infrastructure facilities, especially in the IT sector. But if you are interested in concentrating on other fields like HR, Finance, and so on, then opt for NMIMS, SIBM, SCMHRD, XIMB, and the New IIMS.
Most of the leading B schools are charging close to 20 lakhs for this course, so it is worth paying around 19 lakhs at Great Lakes Institute of Management as it has better placement support
The recent Placement Statistics at GLIM are mentioned below:
|
Highest Package |
INR 12 Lakhs per annum |
|
Average Package |
INR 6.55 Lakhs per annum |
I have been selected at Great Lakes, TAPMI, IRMA and IIT -BHU, KJ Somaiya (MBA - HCM). Which one should I take? I am totally confused.
First of all, congratulations on your acceptances to these colleges. Great Lakes would be the best option for you if you’re interested in a one-year MBA program, especially in the IT domain, given the current COVID situation. If you’re interested in rural management instead, IIRMA is considered the best program for that specialization.
I would advise against choosing IIT-BHU and recommend KJ Somaiya only if you’re specifically interested in pursuing an MBA in HCM. TAPMI would be the best choice for someone looking for a general MBA program without a specific interest in any of the specialized areas mentioned above.
Which one is better, IIM Jammu or Great Lakes Chennai?
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.
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