Based on location, reputation, and potential for job placement, the first college on the list, "Great Lakes," is the best, but it is only for people with work experience and not for freshers. 

"FORE," located in Delhi, is the second best college and its institutional location makes industry exposure easy. 

"Goa Institute," is not as good as the first two but still has good characteristics. 

Last on the list is "TAPMI," which lacks a strong alumni base, and its graduates may have less networking and job chances than graduates from other universities with larger alumni networks.

Both institutes are well-known and have a positive reputation in the industry. In terms of campus placements and average CTC offered, the institutes are comparable. The only advantage GLIM has is the batch strength, which is close to 220-240. KJ Somaiya, on the other hand, has close to 600.

Great Lakes has better career opportunities and placements.It is therefore better than KJ Somiya. 

SIMSREE is the best option among these B-Schools. It offers excellent ROI. SIMSREE fees are approximately around INR 69k for MBA. While the median CTC offered to the students is INR 10.5 LPA. Situated in Mumbai, it also enjoys a locational advantage. As it's easier to get placements opportunities and internships. 

IMT Ghaziabad and KJSIMR are the next best choices. IMT G has a better placement record. As per the 2022 placement highlights, IMT Ghaziabad average package s around INR 15.57 LPA. 

Majority US companies hire Indians for engineering roles, that too for IT sector jobs which we are best known for. 

US people are good at management. So they seek technical experts from India. This is why the top performers of IITs get readily placed in IT jobs in the US for attractive salaries (more than 7 figures in rupees). 

Whether you join an IIM or Great Lakes Institute, both receive a limited number of US offers during placement season. As for off campus placements, IIM Shillong and Great Lakes are both average institutes. So the chances of getting a US based offer are further reduced. 

The best option is to either opt for an MBA in the US itself, or to work for big names in India for a couple of years. This will help you build a strong resume, and get noticed by recruiters abroad.

 If you have the option of dropping a year and preparing for CAT, XAT, or other entrance exams, it may be worth considering. You can use the extra time to study and improve your scores, which could lead to better opportunities in the future.

However, if you have decided to pursue an MBA this year, there are several factors to consider before choosing between IMI and GLIM. You should look at the return on investment (ROI), fees, faculty, location, and placement records of both institutions to determine which one is a better fit for you.

It is important to note that neither the Business Forensic & Fraud Management (BF&S) program at IMI nor the Post Graduate Diploma in Management (PGDM) program at GLIM are the flagship programs of their respective institutions. You may want to research the other programs offered by each school to see if they align with your career goals.

Personally, I would recommend GLIM over IMI. However, you should make your decision based on your own research and preferences, taking into account factors such as the curriculum, faculty, industry connections, and career prospects. It is important to choose a program that aligns with your career aspirations and provides the best value for your investment in terms of education, skills, and networking opportunities.

In my opinion, IMI Delhi is a better option than Great Lakes, Chennai. Let’s discuss some key highlights of the institute

• Location: The campus is located in Qutub Institutional Area, Next to IIT, and is in the vicinity of the outer ring road. It’s located within city limits and is surrounded by Central Government offices.

• Infrastructure: The campus comprises both, Academic Blocks and Hostels for Second Years The hostels for first years are at a distance of 2 km from the campus and there is a facility of late night shuttle bus service to and fro at the institute and hostel.

• Faculty & curriculum: IMI has experienced faculty for all domains be it Finance, Marketing, HR, or Operations. The additional visiting faculty adds to the already competent faculty pool and provides diverse experience and exposure.
• Placements: The placements are pretty decent with students getting desired roles during the summer internships. From my friends, a marketing major was offered an internship at J Walter Thompson India. Another HR major got an internship offer from Capgemini HR Consulting.
• Alumni: Established in 1981, the institute enjoys an excellent reputation and legacy and thereby boasts of an elaborate alumni network.

All these factors combined make IMI Delhi a very good option over Great Lakes.