Great Lakes Institute of Management

Great Lakes Institute of Management
The entrance to Great Lakes Institute of Management, Chennai campus
Great Lakes Chennai Campus
Motto Global Mindset - Indian Roots
Type Private business School
Established 2004
Founder & Dean Bala V. Balachandran
Location Chennai, Tamil Nadu, India
12°34′23″N 80°08′20″E / 12.573°N 80.139°E / 12.573; 80.139Coordinates: 12°34′23″N 80°08′20″E / 12.573°N 80.139°E / 12.573; 80.139
Nickname Great Lakes, GLIM
Website www.greatlakes.edu.in

Great Lakes Institute of Management (also known as Great Lakes or GLIM) is a private business school in India. It was founded in 2004 by Bala V. Balachandran, a professor at Kellogg School of Management with its first campus in Chennai.[1] Great Lakes’ second campus started functioning in Delhi NCR on 2011. Great Lakes offers full-time and executive post graduate programmes in management. Great Lakes was accredited by AMBA,[2] one of the three main global accreditation bodies. It has two campuses, one on the outskirts of Chennai and one in Gurgaon, Delhi NCR.

Great Lakes Institute of Management is among the first business schools in India to offer a one year full-time management programme. Its one year Post-Graduate Program in Management (PGPM) became the first one year full-time management programme to be accredited by India’s higher technical education regulator AICTE in 2008.[3]

History

Great Lakes was set up in 2004 by Bala Balachandran, J.L. Kellogg Distinguished Professor of Accounting and Information Management at Kellogg School of Management, Northwestern University, USA.[4]

Following the establishment of Indian School of Business (ISB), Balachandran wanted to establish a business school in his home state of Tamil Nadu, and set up the Great Lakes Institute of Management in the capital city of Chennai with a model similar to the ISB involving a one year MBA programme, global visiting faculty and international academic collaborations.[5][6]

The first intake was for 127 students for its one-year programme and classes were held in a small rented building in Saidapet, a residential neighbourhood in Chennai city. Great Lakes developed a new greenfield campus at Manamai village near Mahabalipuram, a UNESCO Heritage Site 50 km south of Chennai, and shifted to this campus in 2009.[7]

The regulatory body for technical and management education in India, AICTE, also did not have a provision for approving one-year programmes. However, Great Lakes received approval for its PGPM from AICTE, the first instance of an approval for a one-year programme in the country. While the two-year programmes were categorized as a Post-Graduate Diploma in Management, the one-year programme was categorized as a Post-Graduate Certificate in Management.[8]

Since 2012, Great Lakes has also started offering the traditional two-year PGDM programme.[9]

Accreditation

Great Lakes classroom

Great Lakes is accredited by the Association of MBAs (AMBA), UK,[10] one of the three main global accreditation bodies in business education. Great Lakes is the youngest and 7th institute in India to get accreditation from the association. Great Lakes Institute of Management, Chennai is accredited by SAQS (South Asian Quality Assurance System).[11]

Great Lakes’ PGPM and PGDM full time programmes are approved by All India Council for Technical Education (AICTE),[12] a statutory body for technical education, under Ministry of HRD, Govt. of India. Great Lakes’ Chennai campus is a LEED Platinum Rated Green Campus [13]

Rankings

Institute rankings
Business/Management – India
NIRF (2018)[14] 16
Business Today (2016)[15] 16

Great Lakes was ranked 16 by Business Today's "India's best B-schools 2016".[15] The National Institutional Ranking Framework (NIRF) ranked it 16 in 2018.[14]

References

  1. ↑ "About Great Lakes Institute of Management, Chennai". careers360.com.
  2. ↑ "Great Lakes Accreditation & Rankings". Outlook, Business Today, Business India and Careers 360.
  3. ↑ "1-yr mgmt course gets AICTE nod". Economic Times.
  4. ↑ "About Bala Balachandran". Northwestern University, Kellogg School.
  5. ↑ "ISB & GL founding". Rediff.com.
  6. ↑ "Indian vs Foreign" (PDF). Great Lakes Institute of Management.
  7. ↑ "Location". careers360.com.
  8. ↑ "1-yr mgmt course gets AICTE nod". Economic Times.
  9. ↑ "Great Lakes Institute of Management introduces a two year PGDM program". Indiainfoline.com.
  10. ↑ "Great Lakes gets Global accreditation from AMBA". The Hindu.
  11. ↑ "B-Schools granted SAQS Accreditation" (PDF). amdisa.org.
  12. ↑ "Great Lakes' 1 year management course gets AICTE nod". Economic Times.
  13. ↑ "LEED Platinum rating for Great Lakes Institute of Management, Chennai. Glazette. November 08, 2012". glazette.com.
  14. 1 2 "National Institutional Ranking Framework 2018 (Management)". National Institutional Ranking Framework. Ministry of Human Resource Development. 2018. Retrieved 3 April 2018.
  15. 1 2 "India's best B-schools 2016: Full List". Business Today. 4 December 2016. Retrieved 29 June 2017.
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