TAPMI PGDM is the best option among these. It is a premier B-School. It has AMBA accreditation for all three of the PGDM programs, i.e. PGDM, PGDM-HR, and PGDM-BKFS.
TAPMI placements are excellent. According to 2022 highlights, the average CTC for the institute is INR 12 LPA. While the highest CTC offered was INR 32 LPA.
The one drawback of TAPMI is the huge student intake. Each batch has over 400 students. The huge batch size often causes a dip in placements.
Since its establishment, Great Lakes be it Chennai or Gurgaon has been delivering premium quality management education at par with recent industry trends.
As per the official rankings, Great Lales Chennai ranked 31st among management institutes by NIRF 2023 and 11th among private colleges by IIRF Ranking 2023. On the other hand, Great Lakes Gurgaon was ranked 62 out of 125 colleges by NIRF in India in 2023 and it was 52 out of 125 colleges in India in 2022.
However, these rankings are highly transparent and misleading. Either the ranking parameters are not credible or the institutes refuse to participate resulting in exaggerated figures. So it's best to talk to alumni to get a better picture and don’t just rely on rankings.
If you're considering Great Lakes Institute of Management (Chennai/Gurgaon) for MBA, you should be aware that it may not be a good option. There are numerous students with bad experiences during their interviews and found that the companies that come for placement are not very good. The placement process for the PGDM and PGPM batches of Great Lakes Chennai in 2023 has come to an end. The highest package offered was INR 46 LPA, while the average salary for the PGDM batch was INR 14.5 LPA and for the PGPM batch, it was INR 18.10 LPA. Additionally, the campus is small and lacks open spaces or grounds.
So if you're thinking about joining Great Lakes, you should be cautious. It's not a good idea to join just for the sake of doing an MBA. You should choose a business school that will help you build a successful career, not ruin it.
Remember that the quality of education should be consistent across all institutions. Keep in mind that the MBA program emphasizes teamwork and a unique approach to learning that may differ from traditional education.
In the end, it's up to you to determine the best approach for your career. Keep in mind that the right balance of ROI, turnaround time, and brand value will depend on your personal circumstances. For example, if you have the financial means, ROI may not be a priority, while if you're just starting out, turnaround time may be more important than brand value.
Operations management MBA programs at these schools:
Our ranking for these colleges would be
Reason for putting IMT-G on top stop.
I once visited the campus of Great Lakes Chennai and I knew right then that it was going to be my dream college. I also looked up at the Gurgaon campus and it was clearly visible how the infrastructure of the Chennai campus was way superior to that of the Gurgaon campus.
The Chennai campus is located away from the hustle and bustle of the city in a serene location around 60km from Chennai. This beautiful campus spreads across 27 acres and the tranquility can be felt by all nature lovers. I am attaching some pictures that will do justice to the beauty of this campus
Aerial view of the ground and the mess
Hostels
The pictures alone cannot testify to the campus's beauty so it's recommended you visit it once.
Ultimately, both campuses offer equal opportunities and education the only difference lies in the infrastructure and quality of campus life.
One of my close friends attended Great Lakes at Gurgaon and here are some tips based on her experience.
In 2020, the required CMAT cutoff at the institute was 85%. So, you are eligible for the institute but try to make your profile better as the CMAT score alone is not enough to get selected for admission.
One of my friends from school is an alumnus of Great Lakes. According to him, the institute has a very good 1-year PGPM program.
There is not much difference between the faculty of Great Lakes and that of institutes like XLRI, IIMs, ISB, etc. Teachers from other countries also visit the campus. In addition to these, the methods of teaching are always being updated and enjoy high acceptance in the industry.
The following table gives a brief overview of the institutes:
Institute | Great Lakes | K J Somaiya Mumbai |
Fees | 16,95,2000 INR | 8,17,290 INR |
Average Package | 13 LPA | 10 LPA |
Top Recruiters | ADP, Cognizant, Happay, Hexaware, Manipal Business Solutions, Newgen Software, etc | Amazon , Citi, GEP, Infosys, Cognizant, ICICI, Capgemini, Infosys, JP Morgan |
Duration of course | 1 year | 15 months |
You can make decisions based on your preference of location, convenience, budget, etc. Thorough research goes a long way.
Other than a few minor shortcomings, there is nothing worth mentioning. Despite being newly established Great Lakes Institute of Management Gurgaon has improved a lot. It has moved to its permanent campus which is well equipped and has good infrastructure. Great Lakes Gurgaon placements in 2022 ended with an average CTC of INR 15.6 LPA. Companies such as Accenture, Deloitte, KPMG, Nielsen, etc. took part in the placement drive.
Taking a student loan is always a better option. After graduating from college, Education loans help you save taxes during the job career. Go through the interest percentage at which the loan will be disbursed and take calculated steps while taking a loan.