B-school Great Lakes records 30% rise in average pay in campus placements - Times of India

B-school Great Lakes records 30% rise in average pay in campus placements – Times of India

CHENNAI: Business school Great Lakes Institute of Management has recorded a 31% rise in average pay packages during the campus placement of its PGPM (Post Graduate Program in Management) batch of 2022.

The average pay package offered by companies to the students grew from Rs 13.6 lakh per annum to Rs 17.86 lakh per annum. This average pay also marked a historic high for the institute since its inception.

GLIM, which says it has achieved 100% campus placement consistently since its launch, saw 313 job offers for its students this year up from 224 offers last year. There were 22 new recruiters to the campus this year including startups and new-age enterprises such as CredAvenue, Intellect Design, Bristlecone, KMK Consulting, Lowes India, and others.

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Accenture, ADP, Bain, Deloitte, Cognizant, FedEx, HCL, Infosys, Tiger Analytics, and Zoom, were some of the top recruiters this year. Majority offers came from the business and strategy consulting segment (42%) and technology consulting was another top role.

There was an increase in requirements from companies this year, especially for those with prior work experience in various domains, and the institute’s flagship PGPM programme (1 Year MBA) comprises such talent, GLIM said.

“The year 2022 saw an overwhelming result from recruiters with placements getting wrapped up in record time and with a noteworthy increase in salaries and the quality of roles offered,” Suresh Ramanathan, dean & principal, Great Lakes Institute of Management, said.

“We have created history with an unparalleled breakthrough this placement season with newer opportunities for the class of PGPM 2022. This is a result of our institution’s training and a steady increase in student performance that keeps reinforcing the faith of corporates to keep coming back to recruit from Great Lakes in addition to brand new marquee corporates who hired for the first time,” M Balaji, group director – corporate & career services, Great Lakes Institute of Management – Chennai, said.

Great Lakes offers one-year full time MBA (PGPM) for experienced professionals, two-year MBA (PGDM), Part Time Executive MBA for senior managers, and Weekend Executive MBA Programme.




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