The average post-MBA CTC was 2.64 times the pre-MBA CTC for PGPM Class of 2020, the school with campuses in Chennai and NCR Delhi said on its website. The highest domestic CTC offer of Rs 28.6 LPA was made by a multinational consulting firm.

Great Lakes PGPM Placement 2020 Sees Average CTC Go Up to Rs 13.6 LPA

Major Recruiters

Major recruiters at the placement included Ab-Inbev, Accenture Strategy, Aditya Birla Capital, ADP, Amazon, Cognizant, Dell, Deloitte, Decathlon, EY, Gartner, HCL, HSBC, HTC Global, Infosys, ITC Infotech, L&T Infotech, Magicbricks, Societe Generale, TCS, Zee Entertainment, ZoloStays and ZS Associates.

“Apart from the participation of top companies offering excellent roles, I am glad to see participation in some niche areas as well. We look forward to attracting more organizations from across the board, in-line with our new diversity initiatives, in the years to come,” Great Lakes Dean & Principal Dr Suresh Ramanathan said.

M Balaji, Group Director – Corporate & Career Services, said, “We are delighted with the placement outcome and the response received from the corporates. This is a testament to the confidence of our corporate partners in the quality of our graduates and we look forward to serving their talent needs in the future.”

Average Salary Bracket & Salary Range

While the top 10% was in the average salary bracket of Rs 20.1 lakh, the top 25% was in the salary bracket of Rs 7.3 lakh, top 25% at Rs 15.7 lakh and top 75% at Rs 14.6 lakh.

In salary range, 27% of the class was in the Rs 14-16 lakh, 26% in the Rs 12-14 lakh, 24% in Rs 10-12 lakh, 14% in more than Rs 16 lakh and 9% among those earning less than Rs 10 lakh.

Placement Highlights

• A number of companies across Analytics, BFSI, IT/ITES, Consulting, Digital, E-commerce, FMCG, Hospitality, Product were among the recruiters at the campus placement
• The biggest recruiters were Accenture Strategy & Technology, HCL, Deloitte US & India and ZS Associate
• Students were offered various roles in Analytics, BFSI, IT/ITES, Consulting, E-commerce, Technology Consulting, FMCG and Product.

Domain-wise Placement

Consulting topped domain-wise recruitment with Tech Consulting (29%) and Business Consulting (21%) firms contributing to a majority of the offers.

IT/ITES (29%) services firms came up with a significant number of the offers. Business Consulting rang up 21% of the offers.

Consumer and Retail notched up 4% followed by Analytics, Product, Digital & E-Commerce and BFSI (3% each). Others, including Manufacturing, Hospitality, Real Estate, Entertainment and Sports accounted for 5%.

Domain-wise Recruiters

Recruiters in the Consulting sector were Accenture Strategy, Cartesian, Crayon Data, Deloitte US, Deloitte India, EY, Gartner, IPAC, Netcore, Tiger Analytics, ZS Associates. BFSI sector saw HSBC Technologies, Aditya Birla Capital and Societe Generale.

Digital/E-Commerce recruiters were Amazon, eClerx, Magicbricks, Moglix, Social Beat, ZoloStays. IT/ITES firms included Accenture Technology, Cognizant, Forsys, GAEA Global, GAVS, HCL, Hexaware, HTC Global, Infosys, ITC Infotech, L & T Infotech, Mindtree, NSEIT, TCS, and Virtusa.

Recruiters in Product were ADP, CAMS, Dell, Vivo – Fangs Technology, Next Education. In Others (FMCG, Manufacturing, Media, Retail, Real Estate, Sports), the firms included AbInbev, Decathlon, KALS Group, Ninjacart, Schindler, Sobha Realty, Zee Entertainment and Ultramarine.

The institute said it was an interim placement report and the list of participating. companies was partial. The CTC includes fixed salary, variable incentives and benefits. The emoluments of students on sabbatical returning to their firms were not taken into consideration.

Function-wise Placement

Tech Consulting accounted for 41% followed by 20% Business & Strategy Consulting (20%), Sales & Marketing and Analytics (12% each), General Management (5%), Finance and Operations (4% each) and Product & Project Management (2%).

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Great Lakes has campuses in Chennai and Gurgaon. The school says the PGPM program aims at transforming high potential professionals into competent business managers and decision-makers. Emphasis is placed on developing competencies, teamwork and leadership, inclusivity principles and value-based management.

Great Lakes One Year MBA (PGPM 2020-21) Admission Applications Close on January 31

Eligibility Criteria

You should possess a Bachelor’s degree in any discipline from a recognized institution. A minimum work experience of two years is mandatory. However, exceptional students with 18+ months of experience (by April 30, 2020) may be considered.

You should present your GMAT scores of the test taken during the period 2017-January 31, 2020. CAT 2018 and 2019 scores are accepted. The school accepts XAT 2019 & 2020 scores as well as CMAT 2019.

Apart from the academic qualifications, the applicants should have leadership potential displayed at work, college or school level. The school also looks for integrity and ethical values in candidates along with a diversity of experience.

How to File the Application

If you meet the eligibility criteria, you could visit the website www.greatlakes.edu.in and fill in the online application form after making a payment of INR 2,000.

You have the option of either applying to Great Lakes, Chennai and Great Lakes, Gurgaon campuses separately or for both the campuses through the common application form by selecting the appropriate option in the registration form.

Alternatively, the application form can be purchased from m from the Great Lakes Offices in Chennai. However, the eventual application process is online for all candidates.

The official email-id of the recommender should be provided. The recommendation letter will be collected from the final selected students’ recommenders and should be submitted online.

Once the application is submitted, initial screening takes place and you will get the invitation for a personal interview. The next stage is AWT (Academic Writing Test) and PI following which the final shortlisting takes place.

Personal Interviews will be conducted in Mumbai (February 8-11), Delhi (February 13-16),  Bangalore (February 8-9), Chennai (February 15-16), Hyderabad (February 8-9) and Kolkata (February 15-16).

The application process also involves two essays in which you could elaborate on your motivations, career aspirations and how you would fit into the school community. The topic for the first essay is ‘Why should you be part of PGPM Class of 2021 and how do you think you can enrich the experience of the Great Lakes Community?

This essay is compulsory. The second essay, which is optional, is for you to share anything else that you have not covered in the application. You do not have to repeat any information already given.

Fees & Other Expenses

The total fee for PGPM 2020 is Rs 19.25 lakh. The break-up is Program & Academic Fee Rs 15.86, Accommodation & Food Rs 3.24 lakh, Others (including refundable deposit) Rs 0.15 lakh.

Great Lakes offers diversity and merit scholarships to PGPM students to encourage diversity of perspectives and commitment to excellence. A total of 20 diversity and merit-based scholarships worth Rs 5 lakh each will be awarded for the PGPM Class of 2020-21. A minimum of 30% of the scholarships would be for female students.

There is no separate application process for scholarships as candidates will be shortlisted on the basis of their application form, essays and interview assessment. Those selected will be intimated on the award of scholarship through email post confirmation of their admission acceptance and enrolment to the program. The process will be completed at least one month before the start of the program. 

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Those who missed the first cycle deadline for submitting the application form for Great Lakes’ One Year full-time Post-Graduate Program in Management (PGPM) could do it in the second cycle within the January 31 deadline.

Great Lakes, with campuses in Chennai and Gurgaon, says that the PGPM program aims at transforming high potential professionals into competent business managers and decision makers. Emphasis is placed on developing competencies, team-work and leadership, inclusivity principles and value-based management.

Professionals/entrepreneurs with 2+ years of full-time work experience are eligible for the program. This eligibility criterion is lower than that of other institutes for similar programs as they demand 3 to 5 years of work experience.

Among the advantages cited by Great Lakes is that the PGPM allows participants to maximize learning and start creating value by the end of one year. The globally benchmarked curriculum is updated yearly with cutting-edge courses to make participants business ready.

With emphasis placed on leadership through action (KarmaYoga experiential leadership program), the program helps participants develop leadership skills while having a lasting impact in 27+ villages and improving the lives of thousands of people.

Peers with rich industry experience in the class means as much learning beyond the class as inside. The 7000+ Great Lakes Alumni spread over 30 countries across 5 continents will provide you with a lifetime network of Entrepreneurs, CXOs and high calibre professionals across industries.

As far as employment prospects are concerned, the Average CTC for PGPM 2017 was INR 12.33 Lakhs p.a., the Highest Domestic CTC was INR 34.5 Lakhs p.a., and the Highest International CTC was USD 100,000.

Eligibility Criteria

Applicants are required to appear for GMAT/CAT/XAT /CMAT before applying to Great Lakes Institute of Management.

For PGPM 2018-19. The Institute will accept CAT scores of the year 2016/2017, XAT scores of the year 2017/2018 or GMAT scores taken after January 1, 2015, or CMAT scores of the year 2017.

The applicants should have a Bachelor’s degree in any discipline from a recognized institution. A minimum work experience of two years by March 31, 2018, is mandatory.

Candidates found not fulfilling this criterion will not be admitted. Candidates with less than 24 months of work experience by March 31, 2018, can apply to the Great Lakes PGDM Program.

Admission Process

Candidates meeting the eligibility criteria are required to fill up an online admission application form by visiting the website www.greatlakes.edu.in and make a payment of Rs. 2,000. They have the option of either applying to Great Lakes, Chennai and Great Lakes, Gurgaon campuses separately or for both the campuses through the common application form by selecting the appropriate option in the registration form.

The application fee of Rs 2,000 can also be remitted at IMS centres and a coded number key procured for applying online. Purchase the application form from the Great Lakes Offices in Chennai. The eventual application process is online for all candidates.

Candidates have to provide the official email-id of the recommender. The recommendation letter will be collected from the final selected students’ recommenders and it must be submitted online

Evaluation Process

Applicants are evaluated based on GMAT/CAT/XAT/CMAT scores, past academic performance, essays, work experience and performance in the interview.

Being a one-year fast track, PGPM is highly demanding and intense. Candidates with a consistent academic background and a demonstrated ability to sustain pressure make the shortlist.

As far as employment prospects are concerned, the Average CTC for PGPM 2017 was INR 12.33 Lakhs p.a., the Highest Domestic CTC was INR 34.5 Lakhs p.a., and the Highest International CTC was USD 100,000.

Great Lakes follows comprehensive profile based evaluation considering Test scores, Academic record, Work experience, Essays and P.I. performance in selecting candidates.

 To eliminate inconsistencies between colleges and universities at the Undergraduate level, Great Lakes considers GMAT or CAT or XAT or CMAT scores in the overall assessment.

Since Great Lakes as an institute promises to deliver “Business Ready Managers” who would be leaders in their fields, only those applicants who have exhibited leadership skills at work and/or in school/college make the grade.

The institute places due emphasis on diversity. Students in the current batch come from diverse fields like Finance, Hospitality, IT, Manufacturing, Marketing, Consultancy, Media and Pharma.

 Fees & Other Expenses

Tuition & Academic Fee for Indian students will be Rs 996000 and $ 20000 for international students. The Progam fee will be Rs. 562000 for Indians and $ 11500 for international students. The total fees will be Rs. 1558000 for Indians and $ 31500 for international students.

Accommodation (Single AC room) will be Rs. 224000 for Indians and $ 5000 (international). Food expenses will be Rs. 92000 (Indian) and $ 2000 (international).

Other charges comprise a refundable Caution Deposit Rs.10000 (Indian) and $ 300 (international). An annual subscription of Rs. 5000 (Indian) and $ 100 (international). Attire is charged at Rs. 5000 (Indian) and $100 (international).

Promoted Post

The School, with campuses in Chennai and Gurgaon, says the program places great emphasis on developing competencies, team-work and leadership, inclusivity principles and value-based management creating “Business Ready Managers” capable of responding to complex business challenges.

Professionals or entrepreneurs with 2 plus years of full-time work experience are eligible for the program. The globally benchmarked curriculum is updated yearly, the School says. It also has a 25+ International faculty drawn from Kellogg, Stanford and Yale along with the full-time faculty to provide global perspectives and unparalleled learning.

Great Lakes claims to have 204 companies as recruitment partners. The School saw a 130% increase in average salary for PGPM 2017. The highest domestic CTC was Rs 34.50 lakh while average CTC was pegged at Rs 12.33 lakh

As part of leadership development, Great Lakes has what it terms as ‘Karma-yoga’, described as a transformational program that helps participants develop leadership skills while having a lasting impact in 20+ villages and improving the lives of thousands of people.

Another advantage cited is the presence of peers with rich industry experience in the class that help expand networking and professional opportunities.

Great Lakes claims to have 204 companies as recruitment partners. The School saw a 130% increase in average salary for PGPM 2017. The highest domestic CTC was Rs 34.50 lakh while average CTC was pegged at Rs 12.33 lakh.

Eligibility Criteria

All applicants should have appeared for GMAT/CAT/XAT +/CMAT test. For PGPM 2018, you should present either CAT scores of the year 2016/2017, XAT scores of the year 2017/2018, GMAT scores taken after January 1, 2015 or CMAT scores of the year 2017.

All applicants should have a Bachelor’s degree in any discipline from a recognized institution

A minimum work experience of two years by March 31, 2018, is mandatory and those not fulfilling this criterion will not be admitted. Candidates with less than 24 months of work experience by March 31, 2018, can apply to the Great Lakes PGDM Program.

Admission Process

Those who fulfil the eligibility criteria can apply by completing an online form. they can choose to apply by any of the following methods:

Visit the website www.greatlakes.edu.in and fill in the online application form after making a payment of INR 2,000. They have the option of either applying to Great Lakes, Chennai and Great Lakes, Gurgaon campuses separately or for both the campuses through the common application form by selecting the appropriate option in the registration form.

Make a payment of Rs 2,000 at IMS centres and procure a coded number key for applying online. Another option is to purchase the application form from the Great Lakes Offices in Chennai. However, the eventual application process is online for all candidates.

Candidates have to provide the official email-id of the recommender. The recommendation letter will be collected from the final selected students’ recommenders and it must be submitted online

The applicants will be evaluated on the basis of GMAT/CAT/XAT/CMAT scores, past academic performance, essays, work experience and performance in the interview.

The selection criteria are based on an assessment of academic abilities and only those who display consistent academic record and a demonstrated ability to sustain pressure are shortlisted.

The School also adopts standardized test scores to eliminate inconsistencies between colleges and universities at the Undergraduate level. In effect it means, the scores in GMAT or CAT or XAT or CMAT are taken into consideration in the overall assessment.

With a commitment to deliver “Business Ready Managers” who would be leaders in their fields, those who have exhibited leadership skills at work and/or in school/college are selected. The school also places great emphasis on n integrity and ethical values including originality.

The school also makes an effort in bringing in a diversity of background to the class. Students in the current batch come from diverse fields like Finance, Hospitality, IT, Manufacturing, Marketing, Consultancy, Media, Pharma, etc.(Image Source:wikipedia.org)