Life @ Great Lakes Inst. of Mgmt-Chennai

[ashish_u]

Originally Posted by ketanm

No offense meant to anyone.... and GLIM students dont take this post as something against your institute. GLIM is definitely a great institute.. I just wanted to know the truth.......

Ketan

Rightly said and had u not posted the same i would have done the job.


but i believe one should learn from ketan that how to put ur point without making the other person feel humilated keep it up ketan.


Plz GLIMMERS clarify the issue and also talk about the profiles given to a avg student ( I mean that dont quote what a person with 13 years of work exp got but instead talk about the ppl with 2-3 year of workex)

Cheers

[haripi2]

Originally Posted by ashish_u

Rightly said and had u not posted the same i would have done the job.


but i believe one should learn from ketan that how to put ur point without making the other person feel humilated keep it up ketan.


Plz GLIMMERS clarify the issue and also talk about the profiles given to a avg student ( I mean that dont quote what a person with 13 years of work exp got but instead talk about the ppl with 2-3 year of workex)

Cheers

Hi ashish,
i guess you have all the rights to know abt the details.. w.r.t avg sal which 2-3 years exp ppl got, it is arnd 4-5 lakhs. i mean the average salary. these are not official figures. these are figures which i can gauge from what my seniors have got.there have been cases where a fresher has got arnd 6.5 lpa with a take home of arnd 40k. so it doesn't really give u a correct picture.

please have a holistic view towards the institute. its just one year old and still hasn't moved to a permanent campus. so with all the limitations i guess its a remarkable achievement. also consider the fact that the first batch itself had 129 students the highest for any start up B-school. even IIMI and IIMK had just 60 students when they started the first batch, despite having the IIM tag with them. so the average is pretty decent. not trying to justify the stats but also trying to make you people understand the facts which would not have been analyzed by a prospective student.

as far as my knowledge goes all B-schools quote up CTC. i am not aware of the break up.As far as profiles are concerned everyone has gone in as a management trainee and not as a executive trainee . so job profiles are good.

ketan there is a huge variation between highest CTC and average ..agreed. but last batch had around 45% freshers. so please take that factor into account. i do admit that we may be below the top 10 colleges in terms of average CTC. but in terms of ROI we are number 1 . so think of that aspect. mebbe your doubts will get clarified once i come up with a doc on the same lines as ramki of ISB.

I will try my level best in pointing out some of the drawbacks the insti has ,but please bear in mind that even i have some limitations..

hope i was diplomatic ...

regards,
Prashanth

[donB]

Originally Posted by haripi2

i do admit that we may be below the top 10 colleges in terms of average CTC. but in terms of ROI we are number 1 . so think of that aspect. mebbe your doubts will get clarified once i come up with a doc on the same lines as ramki of ISB.

if u meant ROI as return on investment...im afraid ur nowhere close to no1

FMS is!! 14k fees for 2 years and avg placements better than some of the IIMs!!

as for the earlier thing about CTC..every Bschool quotes placement figures only in terms of CTC and as for the inhand or fixed component of it that varies from company to company with a lot of them preferring the annual bonus/performance incentive route but my own personal observation is in-hand salary excluding cash bonuses or year end incentives are roughly about 43-50% of CTC

[haripi2]

dude ,
we are No: 1 daa no doubt .. FMS 28k total in 2 years ..u forget that we study for just one year and start working from second year. so assuming a average pay of 5-5.5 lakhs we would have earned at least 1 lakh more than what we had paid initially. so by the end of 2 years we would in fact have a cash surplus plus one year of work ex which further increases your market value..

what is your take on that??

[ashish_u]

Originally Posted by haripi2

. mebbe your doubts will get clarified once i come up with a doc on the same lines as ramki of ISB.

I will try my level best in pointing out some of the drawbacks the insti has ,but please bear in mind that even i have some limitations..

hope i was diplomatic ...

regards,
Prashanth

Hi Prashanth,

Thanks once again for clarifying the issues. One thing i am sure of now is that GLIM has the potential to give u a decent placement if u have it in u.

By the way when are u coming with ur article.

Also one of my pm is wating to be answered i hope u answer it without being dilomatic.

Regards

Ashish

[donB]

Originally Posted by haripi2

dude ,
we are No: 1 daa no doubt .. FMS 28k total in 2 years ..u forget that we study for just one year and start working from second year. so assuming a average pay of 5-5.5 lakhs we would have earned at least 1 lakh more than what we had paid initially. so by the end of 2 years we would in fact have a cash surplus plus one year of work ex which further increases your market value..

what is your take on that??

u talk as though that 5.5 lakhs is cash in hand and as though u would have no expenses and as though u have no loan to repay ... well i wont argue more on this!!

[donB]

oh i forget to add the fees too might go up next year!!

PS where did the edit button go?

[MavericK]

Originally Posted by donB

PS where did the edit button go?

No Edit button in this section for non-Mods. Reasons obvious!

[Trail Blazer]

Originally Posted by donB

u talk as though that 5.5 lakhs is cash in hand and as though u would have no expenses and as though u have no loan to repay ... well i wont argue more on this!!

Sorry dear PGites... for being late in replies...

Dear don.. IMHO it is futile discussing these petty issues... If the crowd thinking went on the way of ROI, loan repayment etc.. only in terms of *money*, then we would have hardly seen anyone going for an MBA abroad.. or in or Great Lakes or ISB after working for 6-10 years.. I believe we should develop an eye to look at *Your future* like a manager.. But, take my word for this.. that for the fee I am paying at Great Lakes, and the return I am getting in terms of world-class faculty and the CEO lectures can't be put down on words..

Take a look .. Marketing management is taught by a Prof. who is in the advisory board of Motorola and Toyota worldwide.. Finance mgmt. taught by a Prof. who is a co-author himself of the textbook Corporate Finance - Brealy Myers.. (It is the same textbook followed in IIMA for corporate finance..) Do I need to say anymore

I've shared this before with my fellow PGites.. and saying it again.... "Only he who keeps his eye fixed on the far horizon will find his right road. "... I or any Great Laker will be more than happy to answer any questions you have in your mind..

Regs,
Trail Blazer..

[Trail Blazer]

PG friends.. Just to share the names of few eminent names who came for guest lectures @ Great Lakes in last few days..

YV Reddy ( RBI Governor ), Jagdish Sheth (A famous strategist like C.K.Prahlad and author of 'The Rule of Three' ), and most importantly Vivek Paul, who spearheaded Wipro from ~4000 to ~40,000 strong and a billion-dollar company.. I was speechless standing next to him... so humble and down to earth person... !!!


Vivek Paul


Y V Reddy


Jagdish Seth


Regs,
Trail Blazer..