Placements 2007 @ Great Lakes, Chennai

[bbharath]

Hi Mkinra,

thanks for the response. What have been the roles provided for these 2.5 years work ex guys in IT? Is it possible to the specify the highest offer in IT for this 2.5 year category? Not sure whether I am jumping the gun. GD/PI results are still 25 days away!!!!!!!!!!!

[mkinra]

Great Lakes Placement Report is also available on TIME Website. TIME is an educational institute which provides traning for MBA, MCA, TOEFL,GRE and GMAT entrance. It has around 118 offices in 68 cities across India and YOY have been able to produce innumerable candidates for IIMs and other top B Schools.


The report is accessible on http://time4education.com/B-School_Placements.ASP


Career Forum, one amongst the best in terms of providing MBA Entrance training has covered Great Lakes Placement Report and Press Conference. The link for the same is mentioned below

http://cflogic.com/Latest%20News/Great%20Lakes%20MBAs%20get%20Rs%209.3%20lakh%20sal ary.htm

[mkinra]

Originally Posted by bbharath

Hi Mkinra,

thanks for the response. What have been the roles provided for these 2.5 years work ex guys in IT? Is it possible to the specify the highest offer in IT for this 2.5 year category? Not sure whether I am jumping the gun. GD/PI results are still 25 days away!!!!!!!!!!!

May be we can speak abt the same in length some time in future. I will surely be happy to let you know and answer as many queries that you have...

[smilyinblue]

Hi seniors,
kindly give details of the foreign Placement this year.
what is the criteria for foreign placements?
i have heard it's only for ppl with 5+ years of work ex. is it true????
kindly clarify.

Also pls indicate when the final admit list is expected??
Amit.

[mkinra]

Placements 2007 at Great Lakes has been updated on Wikipedia. Pls. check the link mentioned below for further reference

http://en.wikipedia.org/wiki/Great_Lakes_Institute_of_Management

[mkinra]

Originally Posted by smilyinblue

Hi seniors,
kindly give details of the foreign Placement this year.
what is the criteria for foreign placements?
i have heard it's only for ppl with 5+ years of work ex. is it true????
kindly clarify.

Also pls indicate when the final admit list is expected??
Amit.

International Placements...

International Placements keep on happening on rolling basis and hence i would not have a concrete picture. But as of now we have had Frost and Sullivan, ETA Group, and Jotun Group participating for International Placements. There were few more cos. which participated and offered positions on foriegn soil but found not many takers.

International Placements is open for all including people having no work ex. and hence theres nothing like 5+ yrs eligibility to sit for international placements.

Also, do keep in mind we are a new B School with jus 3 yrs of history and to attract foriegn players is a big task - and hence the nos. might not be too many but then its increasing considerably year on year.

[mkinra]

Few of the companies which have participated in Campus Recruitment during the Rolling Campus Placements are mentioned below;

International Placements

ETA (Dubai) - Marketing, Project Managers
Jotun (Norway) - International Management Trainees

Domestic Placements

neoIT - Consultants
BNP Paribas - Corporate Finance
Nicholas Piramal - Marketing/Operations

The Rolling season would continue till mid of April!

[mkinra]

In its third year of operation, Great Lakes finds mention amongst the top B Schools in terms of Placements Survey conducted by Business Today - Cool Avenues for the year 2007. As per the rankings Great Lakes ranks 16th in terms of average salary with SJSOM IIT Mumbai and IMT Ghaziabad, just marginally above Great Lakes. This indeed is an achievement and i am sure Great Lakes would improve on this parameter year on year!
Pls. check on the following link to see the details

http://www.coolavenues.com/placements/2007/salary.php

Also, Great Lakes finds mention in upcoming B Schools -

http://www.coolavenues.com/placements/2007/highlights-4.php

[crackcatoneday]

Hi All,

We are having a PG GMAT MEET in Chennai on coming Sunday, 8th of July . A couple of admits from top schools and a few aspirants have already agreed to join in. Interested Chennai or nearby Puys can PM me or just visit and contribute to the forum.
http://www.pagalguy.com/forum/b-scho...s-chennai.html


Cheers!
Sourabh

[karthika]

Hey Guys what you think on these ...........do you think the Avg sal will be the same for the coming year too ....

Bad News for 2008 Grads

The drums of economic downturn have been beating loudly. Very loudly during the last few weeks. Almost like daffodils after a spring rain, articles about grads having fewer job opportunities and employers, especially in financial services, cutting college and MBA recruiting have sprouted:

• <LI class=MsoNormal style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1">From The Wall St. Journal: "For Class of '08, A Scramble for Jobs." This article focuses more on this year's college senior.
  <LI class=MsoNormal style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1">From BusinessWeek "It's Looking Grim for New Grads." The impact of the credit market melt-down is felt throughout financial services and by all grads interested in careers in business, specifically those interested in financial services. <LI class=MsoNormal style="mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-list: l0 level1 lfo1">From BusinessWeek "Bear Stearns Rescinds Job Offers." Now it's official Bear Stearns is rescinding some offers extended to members of the MBA Class of '08. While it may have been more shocking if none of the offers had been rescinded, the reality is increasing nervousness and tension throughout MBA-dom. The memories of rescinded offers are recent (2002) and painful.
• From the NY Sun "Economic Woes Could Be Felt by MBAs of 2009.", a slightly more optimistic piece. It looks at the market and concludes that 2008 grads "dodged the bullet." The outlook for 2009 MBA grads is much more cloudy. In fact b-schools, like MIT Sloan, are pro-actively turning to their alumni to help with placement for '09 grads.

Implications
If you are graduating in this market, you may need to be flexible and bring out Plan B. IT, government, and health care are still hiring and going strong. Engineering grads are in demand. Alternatively, this year may be a great time for travel or community service perhaps prior to grad school with the hope of graduating in an up economy.
But what if you are planning to apply to MBA programs this fall. I went out on a limb and gave my predictions for the upcoming MBA application season on April Fools Day, with the observation that time will tell whether that post was an April Fools Day joke or something more meaty. Commenter "It's Happening" points to the BW articles (published April 3) as proof that my predictions are coming true.
I like to be right, but there is also evidence going in the other direction. For example, MBA Tours reports that attendance at its events in Fall and Winder 07-08 increased 30%. I suspect that much of that increase took place before Bear Stearns collapsed and before the news got as bad as it' has been for the last month or two. I also hear that a surge in recently employed investment bankers is taking the GMAT exam. A year or so ago, I was reading articles about these financial jocks who didn't feel it paid for them to go for their MBA. Clearly something has changed dramatically.
I still believe that if articles continue to appear about unemployed MBA's, lower average salaries for MBA grads, and more rescinded offers, potential applicants who have jobs will be reluctant to give up the security of a paycheck for the uncertainly of a full-time MBA. Fewer applicants could make next year a little less competitive year and an opportune time to apply. Furthermore, the fact that 08 or even 09 could be tough hiring years says nothing about hiring for 2010. Just like last year's recruiting environment implied nothing about this year.