Great Lakes Institute of Management Chennai & Gurgaon Admissions 2024: Last Date extended to March 15; Check Cut Offs, Placements, Fees, Ranking

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MBAUniverse.com News Desk |
March 11, 2024
Great Lakes Institute of Management, a globally accredited business school with placements at par with many new IIMs, offers a unique MBA experience at Chennai and Gurgaon campuses. Last date to apply for Great Lakes 1 Year PGPM and 2 Year PGDM program has been extended to March 15.
Great Lakes Admission 2024

Great Lakes PGDM and PGPM Admission Open: Apply Now

Great Lakes Institute of Management, a globally accredited business school with AACSB Accreditation and placements at par with many new IIMs, offers a unique MBA experience at its campuses located in Chennai and Gurgaon. Great Lakes has shown tremendous growth and innovation in terms of curriculum, learning experience, program outcomes and placements in a short time. Great Lakes offers 1 Year PGPM and 2 Year PGDM programs and the candidates have the option of either applying to either campus separately or for both the campuses through the common application form. Great Lakes Admission 2024 deadline is March 15, 2024. Apply Now

Great Lakes Institute of Management – Top Highlights by MBAUniverse.com

Placements 2023
Average Package: Rs.18.10 LPA (PGPM); Rs.14.50 LPA (PGDM)
Highest Package: Rs.46 LPA.
Global Accreditation
AACSB, AMBA Accredited
Exams Accepted & Cut Offs
CAT (80%) | XAT 2024 (80%) | NMAT 2023 (200+, for PGPM)
Fees & Scholarships
Great Lakes MBA Fees for 2 Year PGDM: Rs.19.95 lakhs;
Great Lakes MBA Fees for 1 Year PGPM: Rs.21.25 lakhs
Scholarships worth lakhs Offered to Selected Students
Admission 2024 Status
Open | Last date to apply – March 15, 2024 | Apply Now

Hope you found the above highlights useful! Read this comprehensive article, prepared by MBAUniverse.com experts, for complete details that will help you make the right MBA Admission decision. Remember, Great Lakes Institute of Management Admission 2024 is closing on March 15. Don’t miss this last chance. Apply Now

Table of Contents

  1. Great Lakes: Key Highlights and USPs
  2. Great Lakes programs Offered
  3. Great Lakes Fees
  4. Great Lakes Intake for PGPM and PGDM programs
  5. Great Lakes Placements 2023
  6. Great Lakes Eligibility Criteria 2024 for PGPM & PGDM 
  7. Great Lakes Application Process: How to Apply for Great Lakes Admission 2024-25?
  8. Great Lakes Admission 2024-25: Important Dates
  9. Great Lakes Admission Criteria 2024: Salient Points
  10. Great Lakes Cut Offs  
  11. Great Lakes PGDM Vs PGDM
  12. Great Lakes Admission 2024-25: Step by Step Process 
  13. Great Lakes Admission 2025
  14. Great Lakes Founder

1. Great Lakes Institute of Management: Key Highlights & USPs

  • 1.1 Global Accreditation: Great Lakes has prestigious International Accreditation from AACSB. It is also the youngest Indian Business School to receive prestigious AMBA-UK accreditation. It is also accredited by SAQS (South Asian Quality Assurance System)
  • 1.2 Partnerships with Top International B-schools: Great Lakes has collaborations with Top Global B-Schools like Cornell University, Chicago Booth, Skema Business School, IESEG to name a few.

great lakes

  • 1.3 Strong Great Lakes Placements 2023 at par with Many IIMs: Great Lakes has completed 100% placements 2023 and registered average salary of Rs.18.10 LPA and highest salary of Rs. 34 LPA for PGPM Programme. For PGDM programme Average salary has gone up by 15% at Rs.14.5 LPA in Placement 2023. Highest Salary for PGDM was Rs.46 LPA. Average Package of Great Lakes is higher than IIM Jammu (Rs.16.43 LPA); IIM Bodh Gaya (Rs.16 LPA); IIM Sirmaur (Rs.14.45 LPA) among others
  • 1.4 World Class Faculty: 25+ International visiting faculty from the likes of Kellogg, Stanford, Yale, etc. and 50+ renowned full-time faculty offer unparalleled learning and global perspectives.
  • 1.5 Cutting Edge Curriculum: Future oriented business curriculum. Pioneer in introducing Analytics, AI and Machine Learning in MBA specialization.

Great Lakes PGDM and PGPM Admission Open: Apply Now

2. Great Lakes One Year and Two Year MBA Equivalent Programs
Great Lakes offers One Year full time MBA (PGPM) for experienced professionals and Two year MBA (PGDM) for freshers as well as for experienced professionals. Great Lakes alumni currently numbering 13000+, works at world renowned organizations both in India and overseas across 30 countries. Following MBA equivalent programs are offered by Great Lakes

  1. Two years full time Post Graduate Diploma in Management (PGDM) at Chennai Campus
  2. Two years full time Post Graduate Diploma in Management (PGDM) at Gurgaon (Delhi NCR) Campus
  3. One year full time Post Graduate Programme in Management (PGPM) at Chennai and   Gurgaon for the candidates with work experience above two years.

2.1 Great Lakes 1 Year PGPM 2024-25
The full-time One Year Post Graduate Program in Management (PGPM) for academic session 2024 – 25, at Great Lakes will commence in May/June 2024. The Great Lakes PGPM, is a fast track one year- MBA program for professionals with 2+ years of work experience. It leverages a global faculty pool, peer learning among the diverse group of experienced students, extensive industry networking and experiential learning.

2.1.1 PGPM Specializations
Specializations are offered in the following areas and students can opt for a Major and Minor specialization from the same.

  • Marketing
  • Finance
  • Operations
  • Analytics, Artificial Intelligence & Machine Learning
  • Strategy

2.2 Great Lakes 2 Years PGDM 2024-26
The 2 year full time Post Graduate Diploma in Management (PGDM) is designed for young leaders with less than 2 years of work experience. The program has a focus on emerging economies and their growth. An AICTE approved program, the PGDM has been designed by the Great Lakes Academic Advisory Council, which comprises the best in the world of management academia streamlined with inputs from the institute’s illustrious Business Advisory Council, to keep it in sync with the needs of an ever-changing market place.

2.2.1 PGDM Programme Specializations
In the 2 years full time PGDM programme, Great Lakes offers specializations in following areas namely Finance, Marketing, Operations, Organizational Behaviour & Strategy, and Business Analytics

3. Great Lakes Fees for PGDM and PGPM programmes
The total Great Lakes MBA fees payable for 1 year PGPM and 2 year PGDM programs is as under:

Campus
Program Name
Great Lakes Fees*
Great Lakes PGPM Fees for Chennai campus (1 Year Program)
1 Year PGPM
Rs.21.25 Lakhs
Great Lakes PGDM Fees for Chennai campus (2 Year program)
2 Year PGDM
Rs.19.95 Lakhs
Great Lakes PGPM Fees for Gurgaon campus (1 Year Program)
1 Year PGPM
Rs.20.25 Lakhs
Great Lakes PGDM Fees for Gurgaon campus (2 Year Program)
2 Year PGDM
Rs.17.75 Lakhs

*Great Lakes Fees includes Hostel & Food

4. Great Lakes Intake for PGPM and PGDM programs
In response to growing demand, Great Lakes has increased total number of MBA seats. It will offer admission to 720 students at Chennai campus and to 480 students at Gurgaon campus in PGPM and PGDM programs commencing 2024. Program and campus wise Great Lakes seats are shared below:

Campus
Program
Great Lakes Seats
Great Lakes Chennai
1 Year PGPM
420
Great Lakes Chennai
2 Year PGDM
300
Great Lakes Gurgaon
1 Year PGPM
180
Great Lakes Gurgaon
2 Year PGDM
300

5. Great Lakes Placement 2023 and 2022
Great Lakes MBA placements both in 2023 and 2022 remained 100% with each year registering strong packages. The details for Great Lakes Placements for 1-year PGPM 2023 and 2 years PGDM Placement 2023 are as below for Great Lakes Chennai and Great Lakes Gurgaon campuses:

5.1 Great Lakes Chennai Placements 2023: 2 Year Full Time PGDM 2021-23 Batch

  • 100% Placements for the PGDM 2021-23 Batch
  • Great Lakes Chennai Average Package in Placement 2023 has gone up by 15 at Rs.14.50 LPA from Rs.12.50 LPA last year
  • Highest Salary has gone up by 78% at Rs.46 LPA from Rs.25.8 LPA last year  
  • 41 outstanding students were offered PPO/PPIs post their summer internships
  • Average Salary for Top 10% was Rs.23.18 LPA
  • Average Salary for Top 50% was Rs.17.30 LPA
  • Students were offered varied roles across various industries like BFSI, Consulting, FMCG, Technology, Automobile, Pharma, Retail, Supply Chain & Logistics, and Healthcare. 
  • Some of the top roles that were offered are Product Manager, Project Manager, Business Analyst, Knowledge Analyst, Financial Analyst, Process Control Analyst, Consultant, Marketing MT, Customer Success Manager, and Supply Chain Consultant.
  • 30 New Recruiters participated in Placement 2023
  • Top Recruiters making highest number of offers include JP Morgan Chase, Société Générale, EY, HSBC, BNY Mellon, Deloitte, Jean Martin, and Axtria made the highest number of offers
  • Other prominent recruiters include Accenture, Adobe, Bain & Co, McKinsey, PWC, ITC, Crisil, Microsoft, Tata Motors among others

Great Lakes PGDM and PGPM Admission Open: Apply Now

5.2 Great Lakes Chennai 1 Year PGPM 2022-23 Placements 2023: Key Highlights
Great Lakes Institute of Management with campuses at Chennai & Gurgaon, has witnessed high Placements 2023 for the 1 year PGPM 2022-23 batch. Not only the placement process is completed, but Great Lakes has recorded a significant increase in both the quality of roles and compensation offered with the Average salary increasing to Rs.18.10 LPA in Placement 2023 from Rs. 17.86 LPA last year.

  • 100% Placements completed for PGPM 2022-23 Batch
  • PGPM Batch placed within 5 months of programme commencement
  • Average Salary in Placement 2023 has gone up at Rs.18.10 LPA from Rs.17.86 LPA last year
  • Highest Domestic Salary stood at Rs.34 LPA  
  • With the average class incoming salary at approximately 6 lakhs, the PGPM students are able to achieve a 200% increase on average in just a year offering great outcomes
  • 30 New Recruiters participated in Placement 2023
  • Top recruiters include Accenture, Cognizant, Deloitte, Genpact, Infosys, KPMG, L&T InfoTech, Paytm, TCS, Great Learning, Tiger Analytics, Droom among others. Accenture, Deloitte and Paytm hired in large number

5.3 Great Lakes Chennai Placement 2022
Great Lakes Institute of Management has witnessed high Placements 2022 with top companies offering coveted roles in sectors such as Strategy & Tech Consulting, Product Management, Digital and Analytics to the students of PGPM 2022.

5.3.1 Great Lakes Chennai Placements 2022: Key Highlights

  • Average Salary for PGPM in Placement 2022 increased by 31%
  • Average salary for PGPM has gone up at Rs.17.90 LPA from Rs.13.6 LPA last year
  • Highest Domestic Salary for PGPM stood at Rs. 35 LPA 
  • Average salary for PGDM has gone up at Rs.12.50 LPA
  • Highest Domestic Salary for PGDM stood at Rs.25.80 LPA 
  • Average post-MBA salary increased by 3.1 times than the pre-MBA salary for PGPM Class of 2022, registering a growth of 210% in less than a year
  • Top recruiters include Accenture, Cognizant, Deloitte, Genpact, Infosys, KPMG, L&T InfoTech, Paytm, TCS, Great Learning, Tiger Analytics, Droom among others. Accenture, Deloitte and Paytm hired in large number

5.4 Great Lakes Gurgaon Placements 2022: Key Highlights

  • PGPM Batch placed within 5 months of programme commencement
  • Average Salary for PGPM Placement 2022 increased to Rs.15.60 LPA from Rs.12.1 LPA last year
  • Highest Domestic Salary for PGPM stood at Rs. 20.24LPA 
  • Average Salary for PGDM Placement 2022 increased to Rs.10.50 LPA
  • Highest Domestic Salary for PGDM stood at Rs.17.90 LPA  
  • Average post-MBA salary increased by 3.1 times than the pre-MBA salary for PGPM Class of 2022, registering a growth of 210% in less than a year
  • Top recruiters include Accenture, Cognizant, Deloitte, Genpact, Infosys, KPMG, L&T InfoTech, Paytm, TCS, Great Learning, Tiger Analytics, Droom among others. Accenture, Deloitte and Paytm hired in large number

PGDM at Great Lakes is meant for the freshers as well as the candidates with a work experience of less than 2 years.

6. Great Lakes Chennai Admission Eligibility Criteria 2024 for PGPM & PGDM
Great Lakes Institute of Management offers its flagship 1 year full time residential Post Graduate Programme in Management (PGPM) as well as 2 Years full time Post graduate Diploma in Management (PGDM). Based on their duration, curriculum structure, and industry requirements, Great Lakes Admission eligibility criteria 2024 for both the programmes differ:

6.1 Great Lakes Eligibility Criteria for 1 Year PGPM Admission 2024

  • Requires Scores of GMAT taken after 1st January 2021, CAT taken in 2022/2023, XAT taken in 2023/2024, CMAT taken in 2023/2024 or NMAT taken from 2022 onwards.
  • A Bachelor’s degree in any discipline with at least 60% in graduation
  • Candidates with more than two years of work experience are considered for admission. However, exceptional students with 21 months of experience (by April 30th, 2024) may be considered.

6.2 Great Lakes Eligibility Criteria for 2 Years PGDM Admission 2024

  1. All PGDM applicants should possess a Bachelor’s degree with 60% marks in class 10/12 and graduation.
  2. Candidates appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible.
  3. Only Fresh Graduates and candidates with less than 36 months of work experience after graduation as on 30th June 2024 are eligible to apply. Candidates with greater than 36 months of work- experience should apply for the Great lakes one year PGPM program.
  4. For PGDM 2024 admission, Great Lakes Institute of Management will accept CAT scores of years 2022/ 2023 or XAT scores of years 2023/ 2024 or GMAT scores taken after Jan 1, 2022 or CMAT scores of the year 2023/ 2024.

7. Great Lakes Application Process: How to Apply for Great Lakes Admission 2024-25?
Great Lakes Institute of Management offers facility to use a single common online application form to apply for PGPM and PGDM programs offered at both the Chennai and Gurgaon campuses. The form is made available at Great Lakes website for its both campuses. The application fee is Rs. 2000/-. You need to make Great Lakes Online MBA Fees payment of the application fees. The application process for Great Lakes PGDM and PGDM admissions 2024 is detailed below:

7.1 How to Apply for Great Lakes 1 Year PGPM Admission 2024?
The application process for Great Lakes Chennai PGDM and PGPM admissions and for Great Lakes Gurgaon is same. The application for 1 year PGPM can be completed in three steps as under:

  1. Register yourself: Pay Rs.2000 towards registration fee
  2. Fill the online Application Form: Anytime by using login credentials sent to your mail ID
  3. Submit the Application Form

Great Lakes PGDM and PGPM Admission Open: Apply Now

7.2 How to Apply for Great Lakes 2 Year PGDM Admission 2024?
The application process for Great Lakes Chennai PGDM and PGPM admissions and for Great Lakes Gurgaon is same. The application process for 2 year PGDM can be completed in three steps as under:

  1. Register yourself: Pay Rs.2000 towards registration fee
  2. Fill the online Application Form: Anytime by using login credentials sent to your mail ID
  3. Submit the Application Form 

Apply Now

7.3 Great Lakes Application Fee: Rs. 2000
Great Lakes Application fee is Rs. 2000/- which can be paid online. To explore admission opportunity in Great Lakes Institute of Management, Chennai/Gurgaon, the candidates need to apply for admission by using and filling up the common application form for both the campuses.

8. Great Lakes Admission 2024: Important Dates

Programmes
1 Year PGPM 2024-25
2 Year PGDM 2024-26
Great Lakes Application Starts
August 1, 2023
August 1, 2023
Great Lakes Last Date to Apply: Cycle-1
Dec 1, 2023
Cycle-1: Dec 1, 2023
Great Lakes Last Date to Apply: Cycle-2
Cycle-2: March 15, 2024 Apply Now Cycle-2: March 15, 2024 Apply Now
Exam Scores Accepted
CAT 2022/2023, XAT 2023/2024, CMAT 2023/2024  GMAT taken after Jan 1 2021
CAT 2022/2023; XAT 2023/2024; CMAT 2023/2024; GMAT (Taken after January 1, 2022)
Dates for PI Round
TBD
TBD
Result Date for PI Round
TBD
TBD

9. Great Lakes Admission Criteria 2024
Great Lakes Admission Criteria 2024 with Great Lakes shortlist Criteria, Great Lakes cut offs and complete Great Lakes admission process is as below. In fact Great Lakes Admission criteria is a two step process involving the Shortlisting criteria and the Final admission selection Criteria

9.1 Great Lakes Shortlisting Criteria
The first part of Great Lakes Institute of management Admission criteria is the shortlisting criteria before final selection round. Great Lakes will shortlist the candidates on the basis of following parameters:

  • Great Lakes Institute of Management will consider aggregate scores and not the sectional scores of the applicants in the acceptable entrance exams for shortlisting.
  • In case more than one exams are taken by the applicant, Great Lakes will short-list the candidates for the interview based on their best available test scores in CAT/XAT/ CMAT/GMAT/NMAT depending upon the score accepted and programme applied for
  • Academic profile also plays an important role in shortlisting. Candidates with consistent academic background and a demonstrated ability to sustain pressure will make the shortlist.

9.2 Great Lakes Final Selection Criteria

  • Post short-listing on the basis of available scores, applicants will be called for the final selection round (PI Round) at the designated centres
  • The aptitude test scores are important at the interview shortlisting stage but have limited weightage as far as the final selection is concerned.
  • Performance in Personal Interview (PI) will be awarded high weightage in final selection criteria.
  • Evaluation Criteria in Great Lakes Final Selection will also involve the quality of work experience, professional and personal achievements, demonstrated leadership and team skills, aptitude and attitude.
  • Excellent Academic Scores will be awarded due weightage in final selection round at Great lakes.
  • Candidates who have exhibited leadership skills at work and/or in school/college will be awarded due weightage in the final selection round of Great Lakes.
  • Integrity and Ethical Values including originality play important role in final selection criteria at Great Lakes. Candidates found lacking these qualities will not be selected irrespective of their performance in other areas.
  • Final Admission offer at Great Lakes will be based on GMAT/CAT/XAT/CMAT/NMAT scores, past academic performance, essay writing test, work experience and performance in the interview

10. Great Lakes Cut Offs  
Great Lakes Cut offs 2024 will be based on aggregate percentile score although candidates should also have scored well across the sections of the entrance exams. The cut offs may remain as under:

Entrance Exam
1 Year PGPM 
Expected cut off
2 Years PGDM 
Expected Cut off
CAT 2022/2023*
80
80
XAT 2023/2024*
80
80
GMAT **(Taken after Jan 1, 2021 for PGPM and after Jan 1, 2022 for PGDM)
600
600
CMAT 2023 for PGPM and CMAT 2023/2024 for PGDM
85+
85+

*Great Lakes will accept only Last year scores of CAT and XAT for Cycle -1 of PGPM 2024 admission process and for both the years in Cycle-2

Source: Based on Admission 2023 Cut offs

Apply Now

11. Great Lakes PGPM Vs PGDM
Apart from the eligibility criteria, admission process, Fee structure, duration of programme, the other key differences between one year Post Graduate Programme in Management (PGPM) and two years AICTE approved Post Graduate Diploma in Management (PGDM) at Great Lakes Institute of Management are as below:

Programme
1 Year PGPM
2 Years PGDM
Type of Programme
Full Time Residential Fast Track Management Programme
Full Time Regular Residential Management programme
Programme Suitable For
Professionals with 2 years and above Work Experience
Fresh Graduates or candidates below 3 years of Work Experience
Programme Rating
Highly Ranked AICTE approved Flagship Programme of Great Lakes running for 20 years
AICTE and NBA Approved Full time residential programme
Average Placement 2023
Rs.18.10 Lakhs
Rs. 14.50 Lakhs
Highest Placement 2023
Rs.34 Lakhs
Rs. 46.00 Lakhs
Top Recruiters
Microsoft, Accenture, BNY Mellon, Cognizant, Decathlon Sports, Deloitte, EY, FedEx, HCL, Infosys, L&T Infotech, Michael Page, Mindtree, TCS, Tiger Analytics, Vedanta, ZS Associates
McKinsey, JP Morgan Chase, Nestlé, AB InBev, Barclays, BNY Mellon, Chola MS, Cognizant, CRISIL, Dell, Deloitte, FedEx, Ford, HDFC Bank, HSBC, ICICI Bank, Infosys, ITC, Société Générale, Vedanta, Vivriti

Apply Now

12. Great Lakes Admission 2024-25: Step by Step Process
Following steps are included in the Great Lakes Admission process. However, Applicants should ensure that they meet the eligibility criteria, have appeared or have registered for the required CAT/XAT/CMAT/GMAT/NMAT (For PGPM) exam, the scores of which are accepted by Great Lakes for Admission:

  • Step 1: Candidates meeting the eligibility criteria can apply to Great Lakes Institute of Management by completing the online admission application form at Great Lakes website.
  • Step 2: Candidates can apply through one of the modes - by filling in the common online application form at Great Lakes website after making a payment of INR 2,000
  • Step 3: To apply for PGPM 2024 at Great Lakes, the candidates have to provide the official email-id of the recommender. The recommendation letter will be collected from the finally selected students' recommenders and it must be submitted online
  • Step 4: Candidates are short-listed for Personal Interview (PI) and Essay Writing Test from among the eligible candidates who have a valid entrance exam score and have applied to the programme of Great Lakes Institute of Management. The Personal Interview will be conducted within 3 weeks after each deadline. The Personal Interview process will be conducted in the month of March/April 2024. For 1 Year PGPM Admission 2024, Great Lakes will conduct offline physical interview at Delhi, Hyderabad, Bangalore, Chennai, Kolkata and Mumbai.
  • Step 5: After the PI round, admission offers are made by Great Lakes Institute of Management to successful candidates. The final selection is based on a diverse set of attributes which includes performance in entrance exam, performance in PI round, academics, Quality of Work Experience, Leadership skills among others.

Apply Now

13. Great Lakes Admission 2025
There are many young students who wish to apply for Great Lakes Institute of Management Admission 2024 but since they are in the second year or third year of their bachelor’s degree course and are not eligible this year, but can apply for Great Lakes admission 2025 through the various entrance exam scores accepted by Great Lakes. For the last 2-3 years, Great Lakes admission policy has remained on same lines and it is expected that the Great Lakes admission 2025 process will remain on similar lines as this year.

14. Great Lakes Founder, Campus and Faculty
Highly ranked Great Lakes Institute of Management was founded in the year 2004 in Chennai. The B school offers PGPM and PGDM programmes with variety of specializations. Padma Shri Prof Bala V Balachandran, founder and dean of the B school is a J. L. Kellogg Distinguished Professor (Emeritus in service) of Accounting and Information Management, Northwestern University, Illinois, USA; Executive Professor and Strategy Advisor to the Dean, Bauer College, University of Houston, Texas, USA.

Great Lakes has a 30 acres LEED Platinum rated green campus in Chennai and a second campus in Gurgaon (Delhi-NCR). Great Lakes alumni currently work at world renowned organizations both in India and overseas across 30 countries. 

Great Lakes has 40+ full time faculty and 130+ visiting faculty including over 20 international faculty from top global schools like Yale, Kellogg, Stanford, etc. Further collaborations with world’s leading institutions like University of Houston, Georgia State University, University of Bordeaux, Hongkong University of Science and Technology (HKUST), etc., have helped Great Lakes in globally benchmarking its programs.

Hope you found this article on Great Lakes management programs quite useful to decide on MBA admission 2024. As the first step for Great Lakes admission process, you need to apply for the institute as well as for the entrance exams, the application for which is open. Last date to apply for Great Lakes Admission 2024 for cycle -2 is March 15, 2024​. Apply Now

Stay tuned to MBAUniverse.com for more updates on Great Lakes Institute of Management, Chennai & Gurgaon 

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