A complete guide to Great Lakes Institute of Management, Chennai — highlights, programmes, admissions, fees, placements and more.
Great Lakes Institute of Management, Chennai have AACSB & AMBA accredited, NIRF #37 B-school on a 32-acre LEED Platinum campus; PGPM average CTC ₹18.1 LPA with 2.6x salary growth.
Great Lakes Institute of Management, Chennai was founded in 2004 by Dr. Bala V. Balachandran and, over two decades, has grown into one of India's top-ranked business schools, known for its industry-driven curriculum, world-class faculty and a 16,000+ strong alumni network across 30+ countries. The institute is accredited by AACSB (US) and AMBA (UK), and its programs are approved by AICTE.
The flagship one-year PGPM, offered since 2004 and now redesigned as PGPM 2.0, lets experienced professionals pursue dual specializations across Consulting, Product Management, Data Science, Marketing, Finance and Operations, while the two-year PGDM is designed by the Academic Advisory Council with a clear focus on emerging economies. The portfolio also includes the PGPM – Family Business & Entrepreneurship, the 18-month PGXPM executive MBA and the doctoral Fellow Program in Management, taught by 50+ full-time faculty and 25+ international visiting faculty from schools such as Kellogg, Stanford and Yale.
The 32-acre green campus on the East Coast Road, 9 km from Mahabalipuram, was the first in South Asia to earn a LEED Platinum rating and offers a fully residential, 24x7 learning environment. Students apply classroom learning through Karma Yoga, a social leadership program that has positively impacted over 11,000 households in 27 villages, and through Empirical Studies on real business problems. Industry connect is deep: 150+ CXOs visit every year, a 44-member Business Advisory Council shapes the curriculum, and Centres of Excellence such as the Kotler-Srinivasan Centre for Research in Marketing and the Centre for AI in Business drive research.
| College Full Name | Great Lakes Institute of Management, Chennai |
| College Short Name | Great Lakes, Chennai |
| City | Chennai (Manamai, East Coast Road), Tamil Nadu |
| Ownership Type | Private |
| Year Established | 2004 |
| Primary Accreditation | AACSB (US) & AMBA (UK) |
| University Affiliation | N/A, AICTE Approved |
| Trust / Parent Body | N/A (founded by Dr. Bala V. Balachandran) |
Popular programs at Great Lakes Institute of Management (GLIM), Chennai, according to their official website, include:
Each program at GLIM Chennai emphasizes industry relevance, with strong corporate connections and placement support to ensure career success.
Great Lakes Chennai offers a total of six courses across various fields, providing a comprehensive education to students. The table below outlines the eligibility criteria and total tuition fees for each course offered at Great Lakes Chennai, helping prospective students make informed decisions.
PGPM (2027-28)
Fee Breakdown
| Component | Indian Students (INR) |
| Tuition Fee | ₹12,43,000 |
| Program Fee | ₹6,96,000 |
| Subtotal (Academic) | ₹19,39,000 |
| Accommodation (Single Room, AC) | ₹3,96,000 |
| Caution Deposit (Refundable) | ₹10,000 |
| Alumni Subscription | ₹5,000 |
| Total Program Fee | ₹23,50,000 |
PGDM (2026-28)
Fee Breakdown
| Component | Amount (INR) |
| Tuition Fee | ₹10,25,000 |
| Program Fee | ₹5,78,000 |
| Subtotal (Academic) | ₹16,03,000 |
| Accommodation (Twin Sharing, AC) | ₹6,32,000 |
| Caution Deposit (Refundable) | ₹10,000 |
| Alumni Subscription | ₹5,000 |
| Total Fees | ₹22,50,000 |
PGPM – Family Business & Entrepreneurship (FBE)
Fee Breakdown
|
Component |
Amount (INR) |
|
Academic Fee (Tuition + Program Fee + International Immersion) |
₹20,11,000 |
|
Other Charges (Twin Sharing AC Accommodation + Caution Deposit + Alumni Subscription) |
₹3,39,000 |
|
Total Program Fee |
₹23,50,000 |
PGXPM – Executive MBA (2026-28)
Fee Breakdown
|
Payment Plan |
Amount (INR) |
|
Plan I – One-time Payment (Total) |
₹13,40,000 |
|
Plan II – Instalment I (at admission) |
₹7,38,000 |
|
Plan II – Instalment II (before Term 4) |
₹6,40,000 |
|
Plan II – Total |
₹13,78,000 |
|
Plan III – Instalment I (at admission) |
₹3,86,000 |
|
Plan III – Instalment II (before Term 2) |
₹3,77,000 |
|
Plan III – Instalment III (before Term 4) |
₹3,30,000 |
|
Plan III – Instalment IV (before Term 6) |
₹3,30,000 |
|
Plan III – Total |
₹14,23,000 |
PGXPM fee is inclusive of study material, alumni fees and applicable taxes; boarding & lodging during campus residencies is extra.
FPM – Fellow Programme in Management (Doctoral)
Fee & Fellowship Benefits
|
Component |
Details |
|
Tuition Fee Stipend – Years 1 & 2 |
₹50,000 |
|
Tuition Fee Stipend – Years 3 & 4 |
₹65,000 |
|
Year 5 Funding |
Contingent on satisfactory dissertation progress |
|
Accommodation |
Single-occupancy on campus (subject to availability); limited housing for married students |
Payment Schedule: PGPM / PGDM / PGPM-FBE: Fees are paid in stages as per the schedule shared with admitted candidates; an initial fee payment is made at offer acceptance. Education loans are available through leading banks and financial institutions, with guidance from the Admissions Team.
Fee Inclusions: Tuition fee covers reading material – case studies, textbooks and online resources.
All vegetarian meals are included; non-vegetarian food is optional and charged extra.
Hostel is mandatory (residential programs).
PGPM: single AC rooms by order of offer acceptance; twin sharing with a partial refund if a single room is unavailable.
PGDM: twin-sharing AC; triple-sharing may be allotted in Year 1 with a prorated refund.
Not included: personal laptop (mandatory, per institute specifications), non-vegetarian meals, personal travel. PGXPM: boarding & lodging during campus residencies and the optional international visit are extra.
Refund policy for full-time programs is as per AICTE norms.
| Programme | Courses | Tuition Fees | Exams Accepted |
|---|---|---|---|
| PGPM (Post Graduate Program in Management) | 1 | ₹23,50,000 | GMAT, CAT, XAT, NMAT |
| Fellow Programme in Management (FPM) | 1 | Fully funded (stipend + single-occupancy accommodation) | JRF (NET), CAT, GMAT, GRE, XAT |
| PGXPM (Executive MBA) | 1 | ₹13,40,000 | Profile-based: application (SOP + recommendations) and interview |
| PGPM-FBE | 1 | ₹23,50,000 | GMAT, CAT, XAT, NMAT or Great Lakes Aptitude Test (GREAT) |
| PGDM | 1 | ₹22,50,000 | GMAT, CAT, XAT |
PGPM Eligibility Criteria
| Minimum Academic Requirement | Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG. |
| Accepted Entrance Exams | GMAT (taken after 1st January 2024), CAT (2025/2026), XAT (2026/2027) or NMAT (2025 onwards). |
| Work Experience Requirement | Minimum 2 years of full-time work experience (as on 30th April 2027). Candidates with less than 24 months should apply to the PGDM; candidates from business families can apply to the PGPM-FBE. |
PGPM Admission Steps
| Step | Step Title | Description |
| 1 | Online Application | Submit the online form with a ₹2,200 fee, the mandatory essay and the official email ID of one recommender; one form covers Chennai and/or Gurgaon. |
| 2 | Screening & PI Invite | Admissions reviews test scores, academics, work experience and essays, and invites shortlisted candidates. |
| 3 | Personal Interview | Shortlisted candidates complete an in-person PI in Delhi, Chennai, Bangalore, Hyderabad, Kolkata or Mumbai. |
| 4 | Final Shortlisting | The admissions team makes final selections on the overall profile. |
| 5 | Fee Payment & Offer Acceptance | Selected candidates pay the initial fee and accept the admission offer. |
| 6 | Registration & Orientation | Course registration and orientation, followed by course commencement. |
PGPM Selection Criteria
Great Lakes evaluates PGPM applicants holistically and has no minimum cut-off for CAT, GMAT, XAT or NMAT. The committee weighs standardized test scores alongside a consistent academic record across 10th, 12th and undergraduate studies, work experience and the application essay. The final Personal Interview looks at business awareness, clarity of goals, attitude, people skills and extracurricular or professional initiatives. College/university rank holders get a clear advantage, and integrity and diversity of background are actively considered.
PGDM Eligibility Criteria
| Minimum Academic Requirement | Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG. |
| Accepted Entrance Exams | GMAT (taken on or after 1st January 2024), CAT (2025/2026) or XAT (2026/2027). |
| Work Experience Requirement | Open to freshers and candidates with strictly less than 36 months of work experience (as on 30th May 2027). Candidates with 2–3 years' experience are also encouraged to consider the one-year PGPM. |
PGDM Admission Steps
| Step | Step Title | Description |
| 1 | Online Application | Submit the online application with a ₹2,200 fee; one form covers Chennai and/or Gurgaon. |
| 2 | Application Screening | Applications are reviewed on academic performance, entrance exam scores and overall profile. |
| 3 | Personal Interview | Candidates complete a Personal Interview conducted online. |
| 4 | Final Selection | The Admissions Committee evaluates the complete profile and releases offer letters. |
| 5 | Offer Acceptance & Fee Payment | Selected candidates accept the offer and pay the initial fee. |
| 6 | Document Verification & Enrollment | Complete document verification, registration and orientation to begin the program. |
PGDM Selection Criteria
The PGDM follows a holistic, profile-based evaluation with no Group Discussion round. Standardized test scores (GMAT, CAT or XAT) are weighed with a consistent academic record across 10th, 12th and undergraduate studies and any work experience. Performance in the online Personal Interview carries significant weight, assessing general and business awareness, clarity of goals, attitude, people skills and communication. College/university rank holders receive extra weightage, and the institute actively seeks academic diversity and integrity in the cohort.
Eligibility: Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG.
Accepting Exams: GMAT, CAT, XAT, NMAT
| Date | Event |
|---|---|
| 2026-11-29 | CAT 2026 Exam |
Eligibility: Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG.
Accepting Exams: JRF (NET), CAT, GMAT, GRE, XAT
| Date | Event |
|---|---|
| 2026-11-29 | CAT 2026 Exam |
Eligibility: Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG.
Accepting Exams: Profile-based: application (SOP + recommendations) and interview
| Date | Event |
|---|---|
| 2026-11-29 | CAT 2026 Exam |
Eligibility: Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG.
Accepting Exams: GMAT, CAT, XAT, NMAT or Great Lakes Aptitude Test (GREAT)
| Date | Event |
|---|---|
| 2026-11-29 | CAT 2026 Exam |
Eligibility: Bachelor's degree in any discipline from a recognized institution, with a minimum of 50% across 10th, 12th and UG.
Accepting Exams: GMAT, CAT, XAT
| Date | Event |
|---|---|
| 2026-11-29 | CAT 2026 Exam |
Great Lakes Chennai's Corporate & Career Services team delivered strong outcomes for the Class of 2026 on both flagship programs: PGPM graduates averaged ₹18.1 LPA (highest ₹43 LPA) with 2.6x growth on incoming CTC, and PGDM graduates averaged ₹15 LPA (highest ₹40 LPA). Business and technology consulting led PGPM hiring, while BFSI was the largest recruiting industry for the PGDM with 37% of offers. More than 70 new organizations joined the recruiter base across the two programs this season, alongside marquee returning names such as Accenture, Deloitte, Infosys Consulting and JPMorgan Chase.
PGPM — Placement Statistics
| Highest Package | ₹43 LPA |
| Average Package | ₹18.1 LPA (2.6x the average incoming CTC) |
| Number of Recruiting Firms | 40+ new recruiters this season (including Alvarez & Marsal, Apollo Homecare, BlackRock, EY Studio+, Fractal Analytics, London Stock Exchange and TVS Supply Chain), alongside long-standing partners like Accenture Strategy, ADP, Cognizant, Decathlon, Deloitte, KPMG and Tiger Analytics. |
PGDM — Placement Statistics
| Highest Package (Campus 1) | ₹40 LPA |
| Average Package | ₹15 LPA |
| Number of Recruiting Firms | 30+ new recruiters this season (including PwC, Citi, Lenskart, Capgemini, ICICI Securities, Kotak Bank, Michelin, Moody's and Wipro), alongside 55+ regular recruiters such as Accenture Strategy, Bain, BNY Mellon, Deloitte, EY, JPMorgan Chase, Mastercard and Standard Chartered. |
Great Lakes Chennai does not publish fixed percentile cut-offs; the institute states it has no minimum CAT, GMAT, XAT or NMAT cut-off and follows a holistic, profile-based selection for all programs. Shortlisting weighs test scores together with consistency of academic performance across 10th, 12th and UG, work experience and essays (PGPM), awards and achievements.
The final stage for PGPM an in-person Personal Interview, while PGDM candidates take an online PI. College/university rank holders receive extra weightage, and the admissions team actively builds diversity of academic and professional background in each cohort.
| Publisher | Year | Rank |
|---|---|---|
| Careers360- Top MBA Colleges in India | 2026 | 6th |
| Outlook India- Top Standalone Institutions | . | 3rd |
| Analytics India Magazine- Analytics B-Schools | . | 5th |
| Business Today- Top Private Business Schools | . | 9th |
| Publisher | Year | Rank |
|---|---|---|
| NIRF - Management Category | 2025 | 37th |
1. Diversity & Merit Scholarships
Great Lakes offers Diversity and Merit Scholarships for the one-year PGPM program to promote a diverse range of perspectives and a commitment to excellence. For the Class of 2025-26, a total of 40 scholarships worth INR 5 lakhs each will be awarded, with at least 30% reserved for female students. Candidates are shortlisted based on their application form, essays, and interview performance; no separate application is required. Selected candidates will be notified via email about the scholarship award at least one month before the program begins, following confirmation of admission and enrollment.
2. Dr. Bala V Balachandran Merit Scholarship
This scholarship honors the late Dr. Bala V Balachandran, Founder of Great Lakes Institute of Management, and aims to support candidates with outstanding potential and achievements. The Dr. Bala V Balachandran Merit Scholarship provides a full tuition waiver (worth INR 11.5 lakhs for PGPM 2025-26) and includes mentorship from CXOs and high-achieving alumni, offering valuable learning experiences and networking opportunities.
| Scholarship Name | Description (2 to 3 sentences) | Coverage (e.g. Full Tuition, 50%, Merit Based) |
| Dr. Bala V Balachandran Merit Scholarships | Offered to the most strong profiles in terms of overall merit | Full tuition fee |
| Diversity & Merit Scholarships | Offered to incoming students with a strong track record and diverse backgrounds | 5 lakhs each |
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