KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.
In general, the order of preference should be as given below.
Given below is a comparison between the institutes.
Institutes |
KJ Somaiya |
T.A. Pai Management Institute or TAPMI |
Goa Institute of Management or GIM |
Great Lakes Institute of Management |
Established |
1981 |
1980 |
1993 |
2004 |
Accreditation |
AIU, NBA |
AICTE, AIU |
AICTE, AIU, NBA |
AICTE |
Rank |
56 (NIRF) |
27 (NIRF) |
48 (NIRF) |
23 (NIRF) |
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT |
CAT/XAT/GMAT/CMAT |
GLAT/CAT/XAT/GMAT |
Selection |
Group Discussion and Personal Interview |
Written Ability Test, Group Discussion, Collaborative Problem-Solving Ability, Personal Interview |
Personal Interview |
Personal Interview |
Course fee |
14.93 laks |
14.3 lakhs |
15.93 lakhs |
17.15 lakhs |
Average CTC |
10 LPA |
12 LPA |
11.7 LPA |
10.14 LPA |
Highest CTC |
28.50 LPA |
25 LPA |
25.6 LPA |
28.6 LPA |
Top sectors |
Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG and Manufacturing. |
BFSI, Consulting, FMCG and Retail, IT, Analytics and E-Comm, Manufacturing and Core |
BFSI, Engineering/Manufacturing, IT/ITES, Sales/Marketing, Consulting, Others |
BFSI, IT/ITES Internet Business, Consulting, Research, Others (Real estate, events, manufacturing, education and auto) |
Top recruiters |
Polaris UK, Accenture, PwC and Target Inc., etc. |
Deloitte, Capgemini, ITC, JP Morgan Chase, Yes Bank, KPMG, Wipro, etc. |
AbInBev, Barclays, ITC, Deloitte, Reliance, Godrej, EY, JP Morgan, Signify, etc. |
Aditya Birla Sun Life, Deloitte, Hexaware, KPMG, Axis Bank, Federal Bank, ICICI Bank, Wipro, etc. |
GLIM Chennai, as well as, IMT Ghaziabad are well- known institutions in India for management education. As a brand, IMT Ghaziabad has more recognition than GLIM Chennai among recruiters. However, GLIM Chennai has a location benefit as it is situated in Chennai, South India’s second most popular IT hub.
Given below are the few factors that you should take into consideration when choosing the institute.
Particulars |
IMT Ghaziabad |
GLIM Chennai |
Approved by |
AICTE |
AICTE, NBA |
Rank |
37 for MBA by NIRF |
23 for MBA by NIRF |
Entrance exams accepted |
CAT/XAT/GMAT/CMAT |
CAT/XAT/GMAT/CMAT |
Intake |
420 |
420 |
Specialization |
Marketing, Finance, Banking & Financial Services |
Finance, Marketing, Operations & IT, Analytics, Artificial Intelligence & Machine Learning |
Fee |
INR 17.5 Lakhs. |
INR 16.01 Lakhs. |
Duration |
2 years. |
1 year. |
Average CTC |
12.50 LPA |
13.1 LPA |
Highest CTC |
57.40 LPA |
29 LPA |
Top Recruiters |
Mahindra & Mahindra, Citi Bank, Google, D.E. Shaw, Citi Bank, Whirlpool, Arcesium India, HCL, Deloitte, E&Y, Accenture, Infosys, Bosch, Royal Bank of Scotland, and many more. |
HSBC, L&T, Cognizant, Amazon, Deloitte, Cognizant, Accenture, etc. |
Great Lakes does not implement a Caste based Reservation System for Admission. The Institute admits students based on their GMAT/CAT/XAT/CMAT Scores, Past Academic Performance, Essays, Work Experience, and Performance in the Personal Interview.
Extracurricular Participation, Awards & Achievements, Rank Holders Candidates are also given preference during Admission. Great Lakes focuses on Candidate’s strong track record in Academics, their Talent and Potential rather than their Social Background.
Here’s a list of some famous Great Lakes Chennai alumni.