In 2023, the Great Lakes Institute of Management in Chennai witnessed remarkable success in its placement season, achieving a 100% placement rate. The institute offered competitive packages to its graduates, with the highest packages varying for different programs. For the Post Graduate Program in Management (PGPM), the highest package reached an impressive INR 34 LPA (Lakhs Per Annum), reflecting the recognition of the program's quality and the value of its graduates in the industry.
On the other hand, the Post Graduate Diploma in Management (PGDM) programme boasted an even higher the highest package, reaching a noteworthy INR 46 LPA. This difference underscores the diversity and specialisation within the institute's academic offerings, catering to different career paths and industry demands.
The average package for the PGPM programme stood at INR 18.1 LPA, while the PGDM programme reported an average package of INR 14.5 LPA. These figures highlight the overall competitiveness and attractiveness of the Great Lakes Institute of Management to recruiters from diverse sectors.
Furthermore, the 2023 placement season brought about a significant enhancement in the average Cost to Company (CTC), with a notable 15% increase. The highest domestic CTC offered during this period reached INR 46 LPA, indicating the institute's commitment to securing lucrative opportunities for its graduates.
The success of the placement season is further exemplified by the participation of more than 30 new recruiters from various industries. Noteworthy companies such as Microsoft, PricewaterhouseCoopers, Mahindra & Mahindra, Barclays, Tata Motors, Aditya Birla Capital, IBM, Reliance Retail, Berger Paints, and VE Commercial Vehicles actively contributed to the diverse array of job offers presented to the students.
In summary, the Great Lakes Institute of Management in 2023 showcased an impressive blend of high salary packages, increased average CTC, and a diverse pool of recruiters, solidifying its reputation as a leading business school in India.
