Management institutions like Gurugram's Great Lakes Institute of Management and Noida's Birla Institute of Management Technology are well-known. The courses, teachers, placements, facilities, location, and costs would determine which to choose.
Here are some information about both colleges to help you choose:
Great Lakes Institute of Management, Gurugram offers a one-year PGPM and a two-year PGDM. The institute's team has extensive academic and business expertise. Great Lakes Gurugram has a large alumni network and provides quality education. The school has a 95% placement rate and a 10–11 LPA average pay. Modern classrooms, libraries, computer labs, and sports facilities are part of the institute's infrastructure.
Birla Institute of Management Technology, Noida offers a one-year Executive PGDM and a two-year PGDM. The institute's faculty has extensive academic and business expertise. BIMTECH Noida is known for its superb education and strong student network. 90% of students are placed, and the average package is 7-8 LPA. Modern classrooms, a library, computer labs, and sports facilities are part of the institute's good infrastructure. Courses are cheaper than at Great Lakes Gurugram.
Both BIMTECH Noida and Great Lakes Gurugram have pros and cons. Look at your money, where you want to live, courses they are offering, and salary packages.
You should go to Gurgaon's GLIM as it has good placements than BIMTECH.
SIBM Bangalore, TAPMI, and Great Lakes PGPM are top Indian business schools with distinct capabilities. Your job goals and choices determine it.
SIBM Bangalore has a robust curriculum, skilled instructors, and a focus on practical learning through case studies and industry interactions. Many top companies hire from the institute. Students have several internship and business engagement possibilities in Bangalore, a hub for top corporations.
TAPMI is a top business school with rigorous academics, skilled faculty, and excellent industry contacts. Many top companies hire from the institute. TAPMI is in Manipal, Karnataka, a university town that fosters study.
Great Lakes PGPM, is known for its academic curriculum, experienced professors, and creative programs. A unique 1-year program at the institute gives students the skills and knowledge they need to excel in the fast-changing corporate environment.
It's up to you to decide what kind of return on investment (ROI), brand value, and/or location/career convenience you need from your business school. TAPMI and Great Lakes provide comparable average packages (between 11 and 12 lakhs per year), but SIBM Bangalore's average is lower, at 9 to 10 lakhs. Great Lakes Chennai is the best option out of the three because it has the most appealing combination of affordable rates and a well-known name brand. When compared to SIBM Pune and Great Lakes, TAPMI and SIBM Bangalore both fall short.
The average package offered to the top 10% of students during BIMTECH placements 2023 stood at INR 15.86 LPA whereas Students placed with Top 10% of the average package at Great Lakes Gurgaon was INR 14.40 LPA .so in terms of placement, BIMTECH PGDM core is better.
If I had to choose one of the schools presented here, it would have been BIMTECH. BIMTECH, with its world-class professors and multiple student services, will give you access to the industry. You will learn a lot from your peers and also from the library. So, definitely, BIMTECH is superior to these other two schools.
Some Facts about the placement of BIMTECH are as follows:
NMIMS Bangalore is better than Great Lakes Gurgaon PGPM, and Great Lakes’s Manipal campus is only better.
The other campuses at Great Lakes are still in the growing stage, so I would suggest you not to choose them. Instead, you can opt for NMIMS, the faculties there are experienced, and they have industry exposure as well, plus you have a location advantage. Many companies have their offices in Bangalore, so it would be easy for you to grab a placement there. NMIMS also has a great student culture from various clubs and committees you can groom yourself.
The decision to pursue an MBA program from a private business school will depend on your responsibilities, family background, and financial strength. Apart from these, the factor that should be the most important to a poor student should be ROI.
If you consider the average fees, the course duration, and the average package during placements, you can calculate the amount of time it will probably take to pay off your student loans. You can extend this method of evaluation to the various colleges mentioned in your question, and then pick the one with not only the best ROI, but also the least amount of time it takes for repayment.
With Great Lakes PGPM, you can save a year and get back to the corporate world while TAPMI-PGDM is of two years. You can decide if you want to get a better RoI by joining PGPM or go for a two-year holistic experience of pursuing PGDM.
|
Particulars |
TAPMI Manipal |
Great Lakes PGPM |
|
Highest Package |
INR 22.3 LPA |
INR 34 LPA |
|
Average Package |
INR 15.7 LPA |
INR 18.10 LPA |
|
Fees |
INR 15.50 LPA |
INR 8.35-8.75 LPA |
Placement wise both the colleges are almost similar so its better to take other factors into consideration.
I have a friend who is also an MBA Finance enthusiast. He was shortlisted for Great Lakes, Gurgaon- specifically for Finance. My answer would be more conversational and definitely does not intend to be any sort of advice as eventually, it is your call.
For studies, Great Lakes is a good choice to opt for. But here, what happens to be even more prioritized is the job profile of working under Finance.
The industry of Finance specifically has a range of 10% of jobs to offer along with 50% reserved for marketing and for operations, which is 30%. Last year, 21% of the recruiters were from BFSI out of only a small range of 10% were provided a job in Finance. Others are compelled to opt for sales. Many students end up opting for it as MBA Finance leaves them indebted and they are in dire need of a job to pay off the loan.
If you have enough confidence, do go for it. But then, if you consider yourself to be and stay your average self, there is something you need to work on.
The decision between Great Lakes Gurgaon PGDM and PUMBA MBA Pharma depends on a number of factors, such as your career objectives, interests, and top priorities. Here is some information about the institutes.
Great Lakes Gurgaon PGDM is a prestigious program with a comprehensive curriculum and outstanding placement opportunities. The program's strong brand name and positive reputation in the industry can be advantageous for career advancement. The program has a high ROI, with an annual salary compensation averaging between 13 and 14 lakhs.
PUMBA MBA Pharma, on the other hand, is a specialized program focused on the pharmaceutical industry. The program has a solid reputation in the pharmaceutical industry and provides adequate placement opportunities. However, the ROI may not be as high as Great Lakes Gurgaon PGDM.
Great Lakes Gurgaon PGDM attracts students from diverse academic disciplines, including engineering, commerce, and science. The program's rigorous selection process ensures that only students with a solid academic foundation and outstanding leadership potential are admitted. The PUMBA MBA Pharma programme attracts students from the pharmaceutical and life sciences industries and offers a diverse learning environment.
The choice between Great Lakes Gurgaon PGDM and PUMBA MBA Pharma ultimately depends on your career objectives and interests. Great Lakes Gurgaon PGDM could be a preferable option if you are interested in pursuing a general management program with a focus on data analytics and digital transformation. PUMBA MBA Pharma may be a better match if you wish to pursue a specialized program in the pharmaceutical industry.
Despite being a new course, Great Lakes PGDM Gurgaon is a decent option. It offers decent academics. Due to the locational advantage, students get good exposure to the industries nearby.
Great Lakes Gurgaon placements 2022 ended with an average CTC of INR 15.6 LPA. The highest CTC offered this year was INR 19.3 LPA. Accenture, Deloitte, and Nielsen, are the major recruiters for the institute.