Displaying Educational Excellence for a Decade
With a 100 percent placement record in 2015 (made up of CTC packages ranging from a maximum of Rs. 50 lakhs, minimum of Rs. 8 lakhs per annum and averaging at around 13.5 lakhs p.a., Great Lakes Institute of Managementfounded in 2004 has completed a successful decade providing quality education in the field of Management.Leading companies such as Accenture, TATA group,Deloitte, TCS and Infosys are popular recruiters of this institute.
Great Lakes Institute of Management takes pride in fostering managerial leadership and entrepreneurship in the development of human potential through quality research, teaching, residential learning and professional management services. The institute has afull-time faculty strength of 46 and has created collaboration with industrial experts through their \'Global Thought Leaders\'series which consists of 13 memberspossessingan unblemished record, outstanding reputation and impeccable integrity. These thought-leaders are more than Professors as they possess valuable expertise that comes from working in the industry for decades.\"The thought leaders are practitioners more than advisors and this is the apt way to discuss and document some of the contemporary issues of management education,\" mentions Prof. Bala V. Balachandran, Founder, Dean and Chairman, Great Lakes Institute of Management, Chennai.
Great Lakes Institute of Management provides an opportunity under its PGDM program (2 year full time program)for two selected students to study and complete one year of management education in an institute abroad with a 100 percent scholarship worth $65,000. After the completion of one year the students complete the remaining semestersback home at Great Lakes. This offers the students with a dual degree from both the Institutes without any incremental time or cost.Great Lakes is also rolling out a Doctoral program soon and a niche MBA in Business Analytics program shortly in collaboration with a leading University in the US.In addition to such path breaking initiatives, Great Lakes also delivers experiential learning courses where grades are not given for classroom performance and exams, but for the results of the experiential program ï¿½ For e.g. In the Great Lakes\' course on Experiential Trading a group of students are asked to work the markets with real money for the entire term during which the course features. Whichever team gets the highest income gets an A+, (no exam and therefore no cheating and a person can also grade himself/herself as the results are there for all to see).
The institute has an excellent research focus and encourages quality research by providing incentives to faculty members who have published their papers in reputed \'A\' grade journals. \"Our motto is to have academic excellence with affordable relevance, of course we are interested in recognitions and rankings but I wish for remarkable results from our Institute on all fronts,\" adds Prof. Balachandran.Great Lakes Institute of Management is ranked 2nd in Research Productivity amongst B-Schools in India.This ranking was prepared in a Composite Indicator (CI) of research productivity among leading Indian Business Schools, a survey conducted by professors from IIM-Bangalore and XIM-Bhubaneswar.More than 80 percent of the faculty memberspossess a doctoral degree from leading Institutions across the world.
The Academic Advisory Council (AAC) of the Institute is guided by some of the most outstanding and eminent individuals in India and abroad. Dr. Philip Kotler, Dr. Seenu V. Srinivasan andDr. AswathDamodaranare some of the members of AAC.
The Institute has International tie-ups with Schools in Emerging Economies in Europe and the U.S. Great Lakes has signed MOUs to promote consulting and knowledge exchangeand conducts faculty and student exchange programswith leading schoolsacross the globe. The tie-ups are with reputed Institutions such as UniRazak in Malaysia, University of Bordeaux, University of Missouri at Kansas City, Illinois Institute of Technology, Chicago, NTU at Singapore and many more. Over4000 Great Lakes Alumni are spread over 28 countries across 5 continents with a life-time network of Entrepreneurs, CXOs and high caliber professionals across industries.
The institute recently celebrated its 10th Anniversary in five cities - New Delhi, Mumbai, Bangalore, Chennai and Hyderabad. The celebration at Hyderabad was attended by Hon\'ble Chief Minister Shri N. Chandrababu Naidu who also announced the setting up of the Great Lakes Institute University in Andhra Pradesh state focusing on integrating engineering and management curricula. Prof. Balachandran concludes by saying\"Network is NetWorth.People are critical variables in any initiative - blending academic intelligence with business relevance can only be achieved by incorporating and involving people with business expertise.\"
Prof. Bala V. Balachandran
Founder & Dean, Great Lakes Institute of Management, Chennai; Prof. Balachandran is a recipient of the prestigious Padma Shri Award, 2001. He is the J. L. Kellogg Distinguished Professor of Accounting and Information Management at the Kellogg School of Management at Northwestern University and India.He carries a vision to impart knowledge with affordable excellence and adorable relevance. Being a passionate teacher, he believes in creating, communicating and delivering value.