New Delhi: Great Lakes Institute of Management, having campuses in Chennai and Gurgaon, has had solid placements for the 1-year PGPM 2022-23 and 2 years PGDM 2021-23 batches in 2023, ahead of several IIMs and other renowned B-schools.

Not only has the placement process been concluded, but GLIM has also recorded a significant increase in the quality of roles and Package offered, with the average salary increasing to INR 18.10 LPA in Placement 2023 from INR 17.86 LPA last year for PGPM and by 15% to INR 14.50 LPA from INR 12.50 LPA last year for the PGDM 2021-23 batch.

The PGPM and the PGDM are the main one-year and two-year full-time MBA programs for young professionals provided by Great Lakes. The placement season of 2023 was characterised by a surge in offers from established and new recruiters, resulting in greater possibilities and remuneration for students.

Great Lakes Chennai 2-Year Full-Time PGDM 2021-23: Overview

Crucial Trends for PGDM Employment in 2023

The average CTC has increased by 15% compared to the previous year. Around thirty diversely positioned New Recruiters have been employed due to this initiative.

Dr. Suresh Ramanathan, Dean of the Great Lakes Institute of Management, said, "I applaud all of our PGDM students for making the most of their education and the mentoring they have received and for using both to obtain a great head start on their management careers.

" He also said, "Thank you to our business partners for selecting Great Lakes, Chennai as one of their chosen campuses for management talent needs and offering offers to our students. I also want to sincerely thank our professors, staff, alumni, CCS, and Placement Committee for your constant dedication and efforts, resulting in the institute's growth in all areas."

Average Salary for the Top 10 to 75% of Students

Large Lakes Domestic and international businesses have extended lucrative compensation packages to the PGDM 2021-23 cohort.

Great Lakes Chennai One-Year Full-Time PGPM Placements 2023: Highlights

Important PGPM Employment Tendencies

The average outgoing CTC is 300% of the Average entering CTC for applicants (all candidates are with prior work experience). Accenture, Deloitte, and Paytm recruited in great numbers. Around thirty diversely positioned New Recruiters have been employed due to this initiative.

Commenting on the overall growth, Dr. M. Balaji, Group Director - Corporate & Career Services (CCS), Great Lakes Institute of Management, said, "It is heartening to see several leading companies across industries joining existing marquee recruiters in providing our PGPM students with a fantastic set of opportunities with varied roles.

" He continued, "With CCS Placement-Readiness Programs and the world-class curriculum and learning experience at Great Lakes, our team functioned as a catalyst in bridging the skill gaps necessitated by the present hyper-competitive market.

" He stated, "We appreciate all of our recruiters' confidence in the caliber of talent available at Great Lakes and in our industry-focused curriculum, which helps prepare managers for the future."

Great Lakes Top Recruiters

Accenture, Deloitte, Cognizant, HCL, JP Morgan Chase, Société Générale, EY, HSBC, BNY Mellon, Jean Martin, Axtria, Adobe, Bain & Co, McKinsey, PWC, ITC, Crisil, Microsoft, Tata Motors, ZS Associates, Federal Express, Infosys Consulting, Novac, ADP, Aditya Birla, Bridgestone, Michael Page, Brist

Fresh Recruits

New recruiters, including Microsoft, PricewaterhouseCoopers, Mahindra & Mahindra, Barclays, Tata Motors, Aditya Birla Capital, IBM, Reliance Retail, Berger Paints, VE Commercial Vehicles, HSBC, Fullerton, Gale Partners, Infosys Consulting, Junglee Games, Olam, Aptiv, Bluestone, Mphasis, etc., significantly increased the diversity of roles and industries available.

Dr. M. Balaji, Group Director - Corporate & Career Services of Great Lakes Institute of Management, stated, "The 2023 placement season for PGDM was exceptional in every way, as it saw the introduction of some of the top marque brands and the retention of the exceptional brands that regularly visit us." He said, "Our team might serve as a conduit between these outstanding students and world-class companies with specific needs. Despite an increase in the cohort size, we could not only place all the students but also improve the quality and variety of the positions. Our heartfelt appreciation to every recruiter for their active engagement in the placement process."

Sector Wise Employment for PGDM 2021-23 

Group Finance was the most desired sector with a 22% placement share, followed by Marketing and Sales with a 20% placement share. Domain/function-specific placements obtained by Great Lakes PGDM class of 2021-23 are listed below.

Sectoral Placement for the Batch of PGPM 2022-23

Students in the PGPM class of 2023 have pre-MBA experience spanning from 2 to 8 years in varied sectors. Among the critical recruiting industries are Business & Strategy Consultancy, Technology, FinTech & BFSI, Product, Analytics, FMCG & Retail, Logistics, Automotive, Manufacturing, Gaming, Media, Sports, Healthcare, and Real Estate, among others.

Roles and Profiles Available in Many Domains

Students were given various desirable positions in Analytics, Digital, Business & Functional Consultancy, Digital Operations, Finance, Product Management, Operations & Marketing, etc. Regarding business transformation, project management, and performance improvement, there were also highly specialised positions in Digital Operations.

Students are given roles such as Product Manager, Marketing Manager, Retail Logistician, Decision Analytics Consultant, Business Research Consultant, Business Value Architect, Recruitment Consultant, Price Analyst, and Pursuit Manager.

Great Lakes Institute of Management, established in 2004 by Padma Shri Dr. Bala V. Balachandran in Chennai, is one of the finest B-schools in India with two campuses. The Great Lakes Institute of Management, Gurgaon Campus, was founded in 2010 after the Chennai campus.

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