One of my friends who studied at the institute has said that it ranked 3rd in the 1-year MBA program category by Outlook India. It offers immense learning opportunities as the students are guided by some of the world’s brilliant academicians and industry experts.
Some of the exciting highlights of Great Lakes Gurugram is:
|
Categories |
Great Lakes |
BIMTECH |
|
Course Fee |
7.2-15.91 lakh |
9-14 lakh |
|
Placement Percentage |
95-100% |
90% |
|
Highest CTC |
13 LPA |
18 LPA |
|
Average CTC |
8 LPA |
9 LPA |
|
Recruiting Companies |
Amazon, Accenture Strategy, Deloitte, TCS, etc. |
TCS, Accenture, Gartner, Marsh, etc. |
The PGDM program provided by BIMTECH has received equivalence to MBA from the Association of Indian Universities, New Delhi. Some of the reasons to consider BIMTECH:
So, if you wish to study at a better-established Institute that has a reliable track record then you should choose BIMTECH.
On the basis of quality and quantity of companies visiting for placements: TAPMI, KJ Somaiya, Great Lakes Chennai> BIM Trichy> LIBA
On the basis of location KJ Somaiya> Great Lakes Chennai> TAPMI> BIM Trichy >LIBA purely on the basis of location.
One can decide on the basis of their preference.
Overall- KJ Somaiya, Great Lakes Chennai, TAPMI> BIM Trichy >LIBA.
There is hardly any difference between Great Lakes Gurgaon and Chennai campus in terms of education and placements. Key faculty is shared for the campuses. Placement is combined. Facilities, resources, and exposure are also similar on both campuses.
The Great Lakes Gurgaon campus also has some additional benefits as it is located near the corporate hub of Delhi NCR. Students get good exposure to diverse industries such as E-Commerce, Analytics, Internet Business, etc. They also get the chance to do live projects with corporates in NCR.
Institution for Financial Management and Research Chennai and Great Lakes Institute of Management Chennai are both reputable colleges of Chennai. GLIM Chennai is ranked 23 for MBA by NIRF 2020. Whereas IFMR Chennai is ranked 53 for the same by NIRF 2020.
GLIM Chennai PGDM:
Admission: It offers 6 specializations for PGDM and all the courses are AICTE and AMBA approved. The total intake for PGDM programs is 180.
The total course fee is 11.91 lakhs. GLIM Chennai does not provide any scholarships, but they provide certain banks who grant student loans.
Placements: According to the placement statistics of 2020, 98% of students were placed.
Facilities:
The campus is a residential campus with hostel facilities such as washing machines, twin sharing bedrooms, libraries, laboratories, clubs and societies, and cafeterias as well as ATM machines are available on campus.
IFMR Chennai:
Admission: It offers 7 specializations for MBA. The total student intake is 180.
The total fee is 13.20 lakhs approximately.
Scholarships: Based on how a student performs, they are granted Merit-based scholarships at IFMR. Students with the first rank get a scholarship of INR 2 Lakhs and the next 3 students get 1 lakh each.
Placements: The university has a 100% placement rate since its establishment.
Facilities:
The university has facilities such as air-conditioned classrooms, labs, library, ATM laundrettes, and dedicated TV rooms.
GLIM Chennai has significantly subordinate fees as compared to IFMR Chennai, however, it is conclusively up to the candidate to select their preferable institution.
SOIL Institute of Management and Great Lakes are good B-schools. Out of both, my friend graduated from SOIL and according to him, SOIL is really a good B- school.
Most of the students are placed from the campus by prominent companies like HCL, Aaditya Birla, Cognizant, Volvo Eicher. These companies offer good company roles such as project manager, business analysts, etc.
TAPMI is the best among these institutes. If you are among the top 100 students, you can get good placement packages. TAPMI placement report for last year reveals that the top 100 students received an average CTC of around INR 14.6 LPA. The job profiles and exposure offered at the institute are comparable to top management institutes in the country.
You can keep Grate Lakes as your second preference. Both campuses of Grate Lakes offers decent placement opportunities to students. During the 2022 placement, the average CTC stood around INR 11 LPA for the institute.
LIBA and NIRMA University aren’t in the same league as TAPMI and Grate Lakes.
TAPMI, KJ Somaiya, Great Lakes Chennai, GIM > Welingkar. Apart from Welingkar, all the colleges are somewhat the same in terms of placements.
|
Particulars |
TAPMI Manipal |
KJ Somaiya |
Welingkar |
Great Lakes |
GIM |
|
Highest Package |
INR 22.3 LPA |
INR 23.5 LPA |
INR 24 LPA |
INR 25.8 LPA |
INR 55 LPA |
|
Average Package |
INR 15.7 LPA |
INR 13 LPA |
INR 12.25 LPA |
INR 12.5 LPA |
INR 14.87 LPA |
|
Fees |
INR 15.50 LPA |
INR 19 LPA |
INR 13 Lakhs |
INR 20.7 LPA |
INR 19.2 LPA |
One can choose on the basis of RoI, location preference or anything else that they deem important.
The best PGDM programme between Great Lakes Gurgaon, BIMTECH, and Soil Institute of Management Gurgaon relies on personal preferences and career ambitions. To assist you choose, below is some programme information.
Great Lakes Gurgaon: Great Lakes Gurgaon's two-year, full-time PGDM programme teaches business management fundamentals. The programme has a rigorous curriculum, industry interactions, and experience learning. Great Lakes has several corporate collaborations and prepares students for a variety of jobs.
BIMTECH: It is another top Indian business school. BIMTECH's two-year, full-time PGDM programme teaches management and prepares students for business leadership. The programme offers core, elective, and experiential learning. BIMTECH also connects students with industry professionals through its corporate relationships.
Soil Institute of Management Gurgaon: School of Inspired Leadership (SOIL) is a young Indian business school known for its innovative management education. The one-year, full-time SOIL PGDM programme emphasises experiential learning, leadership development, and sustainability. The programme offers core, elective, and experiential learning, including a six-month Social Innovation Programme.
Finally, all three PGDM programmes have distinct advantages. Before choosing, examine your career aspirations and investigate the curriculum, instructors, industry ties, and other aspects.
GLIM, GIM, FORE, and LIBA offer general MBAs. So, you can your preferred specialization during your second year. This will give you a lot of freedom in terms of choosing your industry and job profile. All of these are good options. FORE has a great industry interface. Located in Delhi/NCR, it also enjoys a locational advantage.
Your preference order for these four B-School should be - FORE=GIM>GLIM>LIBA.
NIBM is a sectoral B-School, so choose it only if you are interested in joining the banking sector. Though IIFM isn’t a sectoral B-School, it is only known for its finance specialization. It is also rated below FORE, GIM, GLIM, and LIBA.
Student strength, ROI, average package, campus, faculty-student ratio, alumni base, and placements determine the candidate's college choice.
Due to its low student population and one-year flagship programme, the Great Lakes Institute of Management (GLIM) is the top college. GLIM also attracts prominent firms for placements. If the candidate can afford it, they should select it.
T.A.pai Management Institute (TAPMI) has a gorgeous campus and fun classes, however its ROI is lower than other universities. Due to the huge student intake, not everyone may find a favorable placement.
Bharathidasan Institute of Management (BIM) Trichy boasts a low tuition, strong alumni, and high placements at McKinsey and Asian Paints. For individuals interested in South Indian culture, BIM boasts a great faculty-student ratio.
SIMSR's average package is 10 LPA. However, those with more than two years of experience may feel underpaid.
LIBA has low tuition but a lower average package than other institutions. If no other option exists, the applicant could choose LIBA.
IMNU offers good placements and stress-free student life.