Great Lakes Institute of Management - Chennai
Great Lakes Institute of Management - Chennai

Great Lakes Placements 2023: Highest, Average, and Median CTC

Chennai, Tamil nadu

Great Lakes Placements 2023 presented noteworthy achievements and exceptional opportunities for students enrolled in the PGDM and PGPM/MBA programs. Renowned companies such as JP Morgan Chase, EY, HSBC, Deloitte, and Jean Martin emerged as the top contributors, offering a significant number of placements to students. The placement drive witnessed active participation from 30 new recruiters, including prestigious organizations like Microsoft, Reliance Retail, Barclays, Tata Motors, Aditya Birla Capital, and VE Commercial Vehicles.

The Great Lakes PGDM Average CTC experienced a substantial upsurge, reaching an impressive INR 14.5 Lakhs. Notably, the highest domestic CTC for the PGDM course reached an outstanding INR 46 LPA. Top recruiters, including Accenture, Deloitte, Cognizant, HCL, and ZS Associates, extended the highest offers. The average CTC at Great Lakes for PGPM/MBA students reached a commendable INR 18.10 Lakhs.

The salary range for Great Lakes PGPM/MBA placements 2023 reached its pinnacle between 17-20 Lakhs, with several students receiving offers ranging from 14-17 Lakhs and 11-14 Lakhs respectively. Moreover, during the Great Lakes placement drive, 41 students received Pre-Placement Offers, for their outstanding performance during their summer internships.

Great Lakes PGDM Placements 2023: Key Highlights

The key highlights of the Great Lakes PGDM program are mentioned below:

  • JP Morgan Chase, EY, HSBC, Deloitte, and Jean Martin are some of the companies that emerged as the top contributors, offering the highest number of placements.
  • PGDM placements at Great Lakes saw 30 new recruiters including companies like Microsoft, Reliance Retail, Barclays, Tata Motors, Aditya Birla Capital, and VE Commercial Vehicles.
  • Great Lakes PGDM Average CTC went up to INR 14.5 Lakhs.
  • A total of 41 students were extended Pre-Placement Offers and Pre-Placement Interviews after successfully completing summer internships.
  • Great Lakes offered the highest domestic CTC for the PGDM course, i.e. INR 46 LPA by multinational companies.
  • Students secured placements in a wide array of sectors encompassing BFSI, Consulting, Technology, Product Management, Automotive, FMCG & Retail, Investment Banking, Manufacturing, and many others.

Great Lakes PGDM Placements 2023: Class Profile

The PGDM Two Year MBA Program at Great Lakes caters to inexperienced individuals and seasonal professionals with a maximum of two years of work experience, spanning various academic disciplines. The class of 2023, comprised distinguished disciplines such as Commerce, Information Technology, Mechanical Engineering, Business Administration, and many others. In addition, 31 PGDM students at Great Lakes had valuable experience across various industries, including IT/ITES, Manufacturing, E-Commerce, Marketing, Automobile, and Finance. The following table represents the Great Lakes PGDM placements class profile:

Particulars

Details

Males

69%

Females

31%

Average Experience

13.1 Months

Average Age

23 Years

Academic Background

BE, BTech: 34%

B.Com: 23%

BBA: 18%

Work Experience (In Months)

Freshers: 71%

1-12 Months: 14%

13-18 Months: 8%

Representation of Companies

IT/ITES, Telecom: 31%

BFSI: 12%

Manufacturing: 12%

Great Lakes PGDM Placements 2023

Great Lakes PGDM placements 2023 showcased an astounding 100% placement rate. The resounding success of the placement drive was magnified by the enthusiastic participation of esteemed regular recruiters, like Bain, McKinsey & Company, JP Morgan Chase, Adobe, Nestlé, EY, PWC, Deloitte, HP, and many other distinguished entities. Great Lakes PGDM Placements received offers from more than 30 novel recruiters from companies such as Microsoft, PricewaterhouseCoopers, Mahindra & Mahindra, Barclays, Tata Motors, Aditya Birla Capital, IBM, Reliance Retail, and others.

Great Lakes PGDM Placements 2023: Function-Wise

Great Lakes PGDM Placements 2023 students witnessed offers from diverse functions. The highest offer was made from the Finance function (22%). It was followed by Sales and Marketing(20%), Analytics (17%), Operations (14%), Business and Strategy Consulting (11%), Investment Banking (7%), Product (7%), and Tech Consulting (2%). 

Great Lakes PGDM Placements 2023: Average Salary 

Great Lakes PGDM Placements saw a salary range of 12-15 LPA for most of the students. It was followed by 30% of students getting offers between 10-12 LPA. In addition to this, 20% of students also received salary offers of between 15-18 Lakhs. Below is the table of the Great Lakes PGDM course average salary bracket: 

Particulars

Average Salary Offered 

Top 10%

INR 23.18 Lakhs

Top 25%

INR 19.88 Lakhs

Top 50%

INR 17.3 Lakhs

Top 75%

INR 15.65 Lakhs

Great Lakes PGDM Placements 2023: Top Recruiters

The top recruiters at Great Lakes for PGDM included multinational companies like ACT Fibernet, Adobe Inc, Axtria, Bain Capability Network, Dell Technologies, Cognizant, and  Barclays. Some of the other companies are mentioned below:

Great Lakes PGDM Placements Top Recruiters

Great Lakes PGDM Summer Internships 2023

The Great Lakes Institute of Management (GLIM)  emerged as the preferred choice for recruiters during the Summer Internship process for the PGDM Class of 2022-24. Great Lakes PGPM placement season witnessed active participation from esteemed corporations such as PayPal, Bain Capability Network, HSBC, McKinsey, JP Morgan Chase, Dell, Ford, HP, ITC, Adobe, Gravitas AI, and many others. These organizations offered diverse roles across domains like Sales & Marketing, Finance & Banking, Analytics, Strategy Consulting, Product Management, Digital Technology, and Operations.

Great Lakes PGDM Summer Internships 2023: Key Highlights

The key highlights of Great Lakes PGDM summer internships are as follows:

  • The PGDM summer internships were concluded with full participation from 268 students. The students received offers from 64 corporate entities. It also included 46 New Recruiters. The majority of offers were in Sales & Marketing (49%), followed by Finance & Banking (16%), Analytics (12%), Business & Strategy Consulting (7%), Digital Technology (6%), Product Management (3%), Operations (3%), and other functions (4%).
  • The highest summer internship stipend at the Great Lakes was INR 4,25,000.
  • The average summer internship stipend at the Great Lakes went up to INR 87,000.
  • The Financial Services industry constituted the highest number of offers (28%), followed by Digital Media (14%), Ed Tech (12%), Technology (11%), Insurance (7%), Consulting (6%), Manufacturing (5%), and Product & FMCG (3% each). The remaining 11% encompassed other sectors such as Aviation, Power, Agriculture, and others.

Great Lakes PGPM Placements 2023: Class Profile

The Flagship PGPM One Year MBA Program at Great Lakes is designed for professionals having more than 2 years of work experience, spanning various industries and functions. The Great Lakes PGPM 2023 class comprised notable representatives from industries such as IT/ITES, Manufacturing, Automotive, Consulting, BFSI, Retail, Ed-Tech, and others. PGPM Students brought with them diverse expertise in functions such as Sales, Marketing, Operations, Customer Relationship, Engineering, Audit, and more. Below is the table representation of the Great Lakes PGPM placements class profile:

Particulars

Details

Males

79%

Females

21%

Average Experience

3.4 Years

Average Age

26 Years

Academic Background

Electrical, Electronics, Telecom: 32%

Mechanical, Industrial: 21%

IT, Computer Science: 17%

Banking, Commerce, Finance: 11%

Work Experience (In Months)

21-35 Months: 48%

36-47 Months: 35%

48-59 Months: 12%

Pre-MBA Internships

IT/ITES, Telecom: 47%

Auto, MFG, Engineering:18%

BFSI, FinServ, FinTech: 8%

Top Recruiters

KPMG, OYO, Accenture, KPMG, PWC, Reliance, Amazon, and many others

Great Lakes PGPM Placements 2023: Key Highlights

The key highlights of the PGPM placement drive at Great Lakes are mentioned below:

  • Top recruiters like Accenture, Deloitte, Cognizant, HCL, and ZS Associates made the highest offer at the Great Lakes PGPM placements.
  • Great Lakes' average CTC for the PGPM students is INR 18.10 Lakhs.
  • More than 30 novel recruiters extended offers to the students, encompassing renowned organizations such as Aditya Birla, McKinsey & Company, Berger Paints, HSBC, Infosys Consulting, Junglee Games, and Mahindra & Mahindra.
  • The highest domestic CTC offered at Great Lakes for PGPM students was INR 34 Lakhs.
  • Students secured placements across a broad spectrum of sectors, encompassing Business and Strategy Consulting, Technology, FinTech and BFSI, Product Management, Analytics, FMCG and Retail, Logistics, Automotive, and Real Estate.

Great Lakes PGPM Placements 2023

The Great Lakes PGPM placements 2023 experienced a highly successful placements season, with notable involvement from renowned recruiters spanning diverse industries. The standout aspect of this season was a significant increase in the variety of roles and industries. The Great Lakes PGPM placement drive saw the active participation of more than 30 new recruiters, featuring esteemed companies like McKinsey & Company, Mahindra & Mahindra, HSBC, Berger Paints, Fullerton, Gale Partners, Infosys Consulting, and many others. The placements of Great Lakes saw continued participation from esteemed regular recruiters such as Bain, Aditya Birla, Deloitte, Cognizant, FedEx, HCL, Dell, Incedo Inc., Optum, and Lowe’s, among others.

Great Lakes PGPM Placements 2023: Function Wise

Great Lakes PGPM students received offers from various functions. The top-most function that offered placement to the PGPM students was Business and Consulting (29%). It was led by Operations (18%), Tech Consulting (12%), Analytics (12%), Product (10%), Sales and Marketing (7%), Finance (7%), and others (5%).

Great Lakes PGPM Placements 2023: Average Salary

Great Lakes PGPM placements 2023 saw the maximum salary range between 17-20 Lakhs. Simultaneously, many students were offered a salary range of 14-17 Lakhs and 11-14 Lakhs respectively. Below is the spread of the Average salary bracket provided at Great Lakes:

Particulars

Average Salary Offered 

Top 10%

INR 28 Lakhs

Top 25%

INR 23.97 Lakhs

Top 50%

INR 21.40 Lakhs

Top 75%

INR 19.69 Lakhs

Great Lakes PGPM Placements 2023: Top Recruiters

Top recruiters at Great Lakes for the PGPM course include companies like Accenture, Aditya Birla Capital, ADP, Bain Capability Network, Bandhan Bank, and Bluestone. Some of the other participating companies at the Great Lakes PGPM placements 2023 are given below:

Great Lakes PGPM Placements Top Recruiters

 

Frequently Asked Questions (FAQs)

How are placements at Great Lakes?

Great Lakes Placements 2023 achieved a 100% placement rate with a 15% substantial increase in average CTC. The average CTC offered at Great Lakes Placement was INR 14.5 LPA. The highest domestic CTC at Great Lakes went up to INR 46 LPA. 

What is the highest package in Great Lakes MBA?

The highest package of Great Lakes MBA 2023 stood at INR 46 LPA.

What was the highest stipend offered at Great Lakes Placements 2023?

The highest Stipend offered at Great Lakes placements was INR 3.75 Lakhs.

Who are the top recruiters at Great Lakes, Chennai?

The top recruiters at Great Lakes, Chennai included companies like Bain, Aditya Birla, Deloitte, Cognizant, FedEx, HCL, Dell, Incedo Inc., Optum, and many others.

What is the placement of GLIM PGDM 2023?

The average CTC offered at Great Lakes for the PGDM course witnessed a 10% increase in the average CTC, reaching INR 11.6 Lakhs per annum, while the highest domestic CTC saw a 20% rise, reaching INR 21.5 Lakhs per annum.

What was the average stipend offered for the PGDM program at Great Lakes Placements 2023?

The average stipend offered for the PGDM Program at Great Lakes was INR 87,000.

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