[2005]Great Lakes Institute of Management

[sujayath]

Hi guys,

Has anyone heard about Great lakes Institute of Management starting in Chennai from this year. What is your opinion about this ? Is there anyone who is applying for it ?

For guys who don't know -

economictimes.indiatimes.com/articleshow/370483.cms

Sujayath

[MavericK]

Originally Posted by sujayath

Have anyone heard about Great lakes Institute of Management starting in Chennai from this year. What is your opinion about this ? Is there anyone who is applying for it ?
economictimes.indiatimes.com/articleshow/370483.cms

well knew abt this a coupla days back.. the Board of Dir. looks awesome..
Tata, Balachander , Kumarmanaglam Birla , Goenka , Ramdorai... et al..
but then the fees is too steep.. comes to around 3 Lakhs pa. tuition fees.. only..
and I guess there'd be lotsa hidden costs too..
and how good it is ? well no idea as of now.. but think this Instti. shd have probs with placements

[sujayath]

Well .... Bala Balachandran assurred in the information session that he would work for 100% placements . So atleast some placements should be there. Another interesting thing - The placements will start in october itself. In today's scenario, placement is not a big thing. Even small small colleges are boasting of 100% placements.

But my worry is reputation. How well known is the college ??????????

[capreal26]

My worry is ...

is there space for one more ISB like (better or worse is a diff issue) insti ..

when ISB itself is fledging, wonder how Great Lakes would attract quality in terms of students..

<being a cynic here >

[sujayath]

Quality ?

I think the buzzword "International" should attract cream students. That is the nature of Indians

I don't think ISB and GLIM would compete with each other as they target different students. A student aiming for INSEAD or KELLOGG would go for ISB. GLIM could be for students aiming for top ten Indian colleges who are looking for a fast-track course in one year. Even these students would join only after the placement results of first batch.

Another noteworthy thing is that the GLIM doors are closed for freshers - they strictly enforce one year experience.

As for me, the only reason compelling me about GLIM is that it is so near to my house ..... Just Kidding

Sujayath

[capreal26]

Am not sure how sensible is it to be attracted to 'buzzwords' when you are getting an MBA

<again being a cynic here >

[MavericK]

Originally Posted by sujayath

Another noteworthy thing is that the GLIM doors are closed for freshers - they strictly enforce one year experience.

well same is the case with ISB, Hyde too..
so its gonna be Rajat Gupta/ Deepak Jain vs Balachander / Tata ??

[Kanti]

hey Guyz,

Posting after a brief hiatus. wanted some info about Glakes...people who have attended their information session please help.

I have been through their website n it gives u an impression that it's just been put up...so plain n bland. But more than that..not much info provided.

Neway coming back to my doubts:

1. I read somewhere that Glakes would accept CAT/GMAT. Is it true???
2. I didn't find any reference to the experience required part on their website. Please, confirm??
3. What's this funda of GLIM test. Is it going to be CAT or GLIM....or it is going to be like MICA..u first give CAT n then u appear for their exam.
4. Any hints about the placements ..any names or figures suggested at the information session. Looking at their advisory body, placements should be fine.
5. Facilities??? read that it's gonna operate out of leased premises, has anyone been to this place...Chennai people please help!!!

Has anyone applied to this institute or is planning to apply???

-Kanti

[abhishekd]

I had heard of Great Lakes institute about a month ago. Yes their website looks very impressive. I was in Chennai for a day on the 28th of last month for my SCMHRD GD PI and I thought of dropping into the Great Lakes campus to check it out and guess what? They don't have a campus!!! The entire Great Lakes institute is located on the second floor of a house in a residential colony. They don't have classrooms / computer lab...
The institute is in a very nascent state. I met a lady there, she told me that they plan to conduct classes in a tiny room (which she showed me). She said "Depending on the schedule of proffessors such as Prof. Philip Kotler we'll arrange for classes thru vid. con." Now this I think is hogwash and a sales gimmic. I don't think anyone there would get more than an hour or two of prerecorded lessons from Prof. Philip Kotler thru the 1 yr. course. Moreover they have NO PERMANENT FACULTY (Only an impressive list of names in an Academic Advisory Council) and depend entirely on people from the industry to come n teach. To top it off GLIM has NO OFFICIAL TIE UP with KELLOGS!! The institute is backed by Prof. Balachandran personally.
I would request anyone thinking seriously about this institute to please go see the institute personally once before deciding to join.

[Kanti]

Thanks Abhishek. In fact, i did feel that something is fishy when i read that they are gonna operate out of leased premises of just 15000 sq. feet. That's certainly not enough for a B-School. And u know wat's more, their diploma is given by Illinois intitute of tech. and is not recognized by any board in INDIA.