Get Answers on Test Preparation, Admissions & Campus Life
Study Abroad Countries
How does Fore Delhi compare to Great Lakes Chennai?
Fore Delhi and Great Lakes Chennai are the most reputed business institutes in India. Great Lakes is a comparatively better choice, as they ensure quality classes conducted by well-trained teachers. Here you will have the advantage of personal enhancement and worthy life. So, go with the option of Great Lakes Chennai, as they never disappoint you.
What should be the order of preference for MBA >> Great Lakes Chennai (1 yr PGPM) , IIT Delhi/Madras/Kharagpur/Kanpur (2 yr PGDM), IMT or KJSomiaya?
The order of preference of institutes is always subjective as it depends on a variety of factors. Some of these include
- Fees: Great Lakes fees are higher than IITs and sometimes the difference is as high as 10 Lakhs.
- Duration: The one-year courses are time-saving and less expensive than 2-year ones.
- ROI: The ROI is a very crucial component. Great Lakes may have high fees but since you will be studying just for a year and then again start earning, you will be able to pay back the loan quite early. IITs have low fees so their ROI is also great.
- Placements: The placement scenario of all the aforementioned institutes is similar. However, Great Lakes has more opportunities in the IT sector while IMT and IITs have more opportunities for Marketing.
- Facilities: Great Lakes has better infrastructure, facilities, and campus life in comparison to the other institutes.
Based on your preferences and priorities you can come up with your own order for preference. For me it is
GL (1 yr) > IIT's > KJSOM
Which college should I choose having 38 months of work experience in a non-IT field, Great Lakes PGPM or NMIMS Mumbai campus?
You can choose Great Lakes if you would like to switch industries and finish your MBA in one year. If you don't want to change industries and have two years to spare for an MBA, NMIMS is the better option.
The cost is nearly the same, however attending NMIMS takes a year more, so you have to consider the opportunity cost as well.
Regarding exposure and industry interaction, NMIMS is better. You should make a decision keeping in mind all these points and your personal considerations.
Have you (or any of your seniors) done your MBA/PGDM (any specialisation) from TAPMI or Great Lakes or FORE or GIM, and are you (or your seniors) able to repay the loan that you took for your studies?
With the average package TAPMI, Great Lakes, and FORE have, you will be able to repay the loan that you’ll take for your studies in a passable manner as there are tax benefits that you get if you have an educational loan with that the repo rate is also not that high and banks don’t ask for a collateral amount if you’re in a reputed college.
What is the weightage for the essay in the Great Lakes-Chennai PGPM process?
There is no specific weightage for the essay in the Great Lakes Chennai PGPM process. However, it is generally considered to be an important part of the application process as it allows the admissions committee to gain a better understanding of the candidate's qualifications and goals.
Great Lakes focuses on the overall profile of the candidates and these essays are a good mode of evaluation of the candidate's skills. Your goals and passions can be written in a lucid manner that convinces the recruiter to select you.
So, I will recommend you focus on submitting a well-written, clear, and concise essay that effectively communicates your qualifications and goals.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SIBM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
This is my personal opinion and is based upon the feedback.
- SPJIMR Mumbai
- JBIMS Mumbai
- IIFT Delhi
- SIBM Pune/ NMIMS Mumbai
- Great Lakes Chennai
I have considered placement and fees and hence the ranking. Hope this helps.
How can I arrange the following according to an MBA/PGDM: NMIMS, Mumbai, SBIM, Pune, IIFT, Delhi, Great Lakes, Chennai, SPJIMR, Mumbai and JBIMS, Mumbai?
I have given the preference order of the above-mentioned B Schools. However please remember this is based on my personal opinions and not any official figures
1st: NMIMS is one of the best schools in Mumbai with fewer fees and great specialization in Finance. Its distinguishing feature is its small batch size which is extremely beneficial for excellent placements. The companies that visit offer the best roles to their students mainly because of their credibility and strong alumni network.
2nd: SPJIMR too is located in Mumbai and is the second-best School after JBMINS. Its students intake is very good due to the strict selection process. The placements are at par with JBIMS but the fees are a bit higher. It's ranked in the top 3 in Operation and IT specialization in India.
3rd: One of the oldest institutes for MBA, IIFT is a good choice owing to its strong brand name and small batch size.
4th: SIBM Pune is a blend of everything; a Good campus, good corporate competition, hostel life, good infrastructure, faculty, and placement. It gives you an amazing MBA experience l.
5th: NMIMS Mumbai is great for MBA and is at par with SIBM. But I have ranked it the last owing to its high fees and larger batch size that requires a lot of competition during placements.
So the ranking is
NMIMS>SPJIMR>IIFT>SIBM Pune>NMIMS Mumbai
Which college is better for an MBA in finance: XIME Bangalore or Great Lakes Chennai (2 year PGDM programme)?
The Great Lakes Institute of Management is a comparatively better choice. Let us have a brief comparison of both XIME and GLIM, which will help you get more clarification
Great Lakes Institute of Management
GLIM was ranked 31st among the Top 50 Management Institutes for Research and Teaching in India by NIRF. GLIM has well-qualified faculty from universities including Kellogg, Stanford, and Yale. This institute is also renowned for its well-established infrastructure
Fees – To secure a seat at GLIM, you need to pay around INR 1046000
Placement Statistics
|
Particulars |
Placement Statistics (2021-2013) |
Placement Statistics (2020) |
|
Number of PPO / PPIs |
41 |
27 |
|
Highest Package |
INR 46 Lakhs per annum |
INR 25.8 Lakhs per annum |
|
Average Package |
INR 14.12 Lakhs per annum |
INR 12.5 Lakhs per annum |
Xavier Institute of Management and Entrepreneurship
XIME was ranked 17th among the Top B Schools all over India by GHRDC in 2016. They offer Collaborations with foreign universities like Guangdong University of Foreign Studies, Guangzhou, China, and Shanghai International Studies University for student and faculty exchange programs.
Fees - To secure a seat at GLIM, you need to pay around INR 1186000
Placement Statistics
|
Highest Package |
INR 12 Lakhs per annum |
|
Average Package |
INR 6.55 Lakhs per annum |
So, it is good to go with the option of the Great Lakes Institute of Management.
I've gotten selected in both Great Lakes PGPM and TAPMI. Which one should I choose?
It majorly depends on whether you have received the offer letter for the PGDM 2 years course or PGPM 1-year. If you have 2 year course from both of the colleges then go for TAPMI. But if you have an offer letter for PGPM 1-year course then go for Great Lakes, Chennai.
I have an admit from Great Lakes, Chennai, but my PI results of IMT/IMI/IIMR/IIT's are yet to come. Shall I take up GL or wait for othr results?
The leading B-schools in India include IIM, IXB, XLRI, FMS, JBIMS, IIFT, MDI, IMT, NMIMS, and SIMBM. These are well-reputed institutions that were established 30 years ago. Recently, IIMs should not be under consideration as they lack good infrastructure and effective classes. That might turn a bright student into a dumb one through exposure to negative vibes.
When it comes to the Great Lakes Institute of Management, it is also poor in terms of academics and campus atmosphere. If you are strongly passionate about the field of software, as they are relatively better than others, then opt for Great Lakes.
So, it is better to wait for your upcoming results and choose any one of the aforementioned leading B schools in India.
SUBSCRIBE TO OUR NEWS LETTER
