Great Lakes Institute of Management Chennai was established in 2004 by Padmashree awardee Dr. Bala V Balachandran, Professor Emeritus at Kellogg School of Management. The vision was to be an International Regulatory Center for the development of Socially Sensitive, Entrepreneurs and Business Leaders with a Futuristic Approach and a commitment to the pursuit of Innovation and Excellence through their Cost-Effective Programs.
The institute offers various Full-Time Programs like PGPM & PGDM, Corporate Programs like PGXPM & PGPM FLEX, and customized Executive Education Programs. The institute and its courses are globally benchmarked by various accreditation like AMBA (Association of MBAs) - UK, South Asian Quality Assurance System (SAQS), National Board of Accreditation (NBA), All India Council for Technical Education (AICTE).
Great Lakes was ranked 23rd amongst all the Management B-Schools in India by the National Institute Ranking Framework (NIRF) in 2020. The institute has also been ranked 3rd in Top Standalone Institution by Outlook Ranking. It has also been ranked 9th amongst all Top B-School by Business India Ranking.
In terms of placement, the average CTC of the PGPM batch 2021 is 13.63 LPA, and the highest domestic CTC offered is 31.75 LPA. Also, the average CTC of the PGDM batch 2020 was 10.4 LPA, and the highest CTC was 21.5 LPA.
Great Lakes has formed associations with leading international management schools like University of Missouri Kansas City (UMKC), HKUST Business School, Universite De Bordeaux, BAUER College of Business, University of Houston, BABSON, IIT Stuart School of Business to help their students in gaining much-valued business insights from a global standpoint.