Both SIBM Bangalore and Great Lakes Chennai are equally good when it comes to fees, faculty, and Return Of Investment (ROI).
Though, SIBM Bangalore is the better choice due to the greater number of companies visiting the campus during placement.
The table below gives a brief overview of the two institutes.
Particulars |
SIBM Bangalore |
Great Lakes Chennai |
Established in |
2008 |
2004 |
Total Fees for 2 years |
14.5 lakhs |
11.81 lakhs |
Average Cut-off |
90 percentile (SNAP) |
80 percentile (CAT) 90 percentile (CMAT) |
Placement Percentage |
85-90% |
89-90% |
Highest CTC |
28.26 LPA |
21.5 LPA |
Average CTC |
9.79 LPA |
8-13 LPA |
Placement (Winner- SIBM Bangalore):
Other highlights:
Therefore, in terms of factors related to exposure and a greater number of companies in placement, SIBM Bangalore is definitely the better choice.
An IIM Shillong degree will offer comparably better job prospects in the US. The IIM brand value can give you a lot of advantages while looking for jobs, off-campus. If you have work-experience, the opportunities offered by IIM Shillong and GLIM through campus drives are similar.
IIM Shillong placements 2022 ended with a median CTC of around INR 20 LPA. Great Lakes Chennai placements 2022 witnessed an average CTC of INR 16.86 LPA.
If you have the option of dropping a year and preparing for CAT, XAT, or other entrance exams, it may be worth considering. You can use the extra time to study and improve your scores, which could lead to better opportunities in the future.
However, if you have decided to pursue an MBA this year, there are several factors to consider before choosing between IMI and GLIM. You should look at the return on investment (ROI), fees, faculty, location, and placement records of both institutions to determine which one is a better fit for you.
It is important to note that neither the Business Forensic & Fraud Management (BF&S) program at IMI nor the Post Graduate Diploma in Management (PGDM) program at GLIM are the flagship programs of their respective institutions. You may want to research the other programs offered by each school to see if they align with your career goals.
Personally, I would recommend GLIM over IMI. However, you should make your decision based on your own research and preferences, taking into account factors such as the curriculum, faculty, industry connections, and career prospects. It is important to choose a program that aligns with your career aspirations and provides the best value for your investment in terms of education, skills, and networking opportunities.
Honestly, if I was in your place I would have chosen PGPM. Great Lakes. It’s the best choice you can make among the options you have.
I feel your work experience of 3.5+ years is too superior to be considered at TAPMI and it won’t do justice to your profile.
The PFPM course no doubt has high fees but you need to focus on the package you will receive at the end of the program. It’s like a long-term investment and you can expect a higher ROI than the usual program.
Moreover, Great is well known for its specialization in IT. Depending on the offers during placements you can even switch to some other domain.
In my opinion, IMI Delhi is a better option than Great Lakes, Chennai. Let’s discuss some key highlights of the institute
All these factors combined make IMI Delhi a very good option over Great Lakes.
KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.
In general, the order of preference should be as given below.
Given below is a comparison between the institutes.
Institutes |
KJ Somaiya |
T.A. Pai Management Institute or TAPMI |
Goa Institute of Management or GIM |
Great Lakes Institute of Management |
Established |
1981 |
1980 |
1993 |
2004 |
Accreditation |
AIU, NBA |
AICTE, AIU |
AICTE, AIU, NBA |
AICTE |
Rank |
56 (NIRF) |
27 (NIRF) |
48 (NIRF) |
23 (NIRF) |
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT |
CAT/XAT/GMAT/CMAT |
GLAT/CAT/XAT/GMAT |
Selection |
Group Discussion and Personal Interview |
Written Ability Test, Group Discussion, Collaborative Problem-Solving Ability, Personal Interview |
Personal Interview |
Personal Interview |
Course fee |
14.93 laks |
14.3 lakhs |
15.93 lakhs |
17.15 lakhs |
Average CTC |
10 LPA |
12 LPA |
11.7 LPA |
10.14 LPA |
Highest CTC |
28.50 LPA |
25 LPA |
25.6 LPA |
28.6 LPA |
Top sectors |
Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG and Manufacturing. |
BFSI, Consulting, FMCG and Retail, IT, Analytics and E-Comm, Manufacturing and Core |
BFSI, Engineering/Manufacturing, IT/ITES, Sales/Marketing, Consulting, Others |
BFSI, IT/ITES Internet Business, Consulting, Research, Others (Real estate, events, manufacturing, education and auto) |
Top recruiters |
Polaris UK, Accenture, PwC and Target Inc., etc. |
Deloitte, Capgemini, ITC, JP Morgan Chase, Yes Bank, KPMG, Wipro, etc. |
AbInBev, Barclays, ITC, Deloitte, Reliance, Godrej, EY, JP Morgan, Signify, etc. |
Aditya Birla Sun Life, Deloitte, Hexaware, KPMG, Axis Bank, Federal Bank, ICICI Bank, Wipro, etc. |
Both the colleges you mentioned, SIBM Bangalore and Great Lakes Chennai are quite similar in various aspects like ROI, fees, and faculties.
In SIBM, you can enjoy the good weather of Bangalore and avail the opportunities of staying at the IT Capital of India. However, this doesn’t mean that reputed companies don’t visit the Great Lakes at all. The only advantage SIBM enjoys of being in Bangalore is that many small IT companies visit the Institutes only in Bangalore. This offers a wider plethora of opportunities than other institutes outside Bangalore.
Some big companies that visit both campuses include
The only difference is that in SIBM Bangalore, there are chances of more two-tier IT companies visiting.
NIRF ranked GLIM, Chennai as the 18th best management college in India. It is one of the finest Business Schools in the country.RBI established National Institute of Bank Management (NIBM) is among India's reputed business schools. NIBM has been ranked 88th in the 'Top B Schools of India' list popularly known for Finance and Banking.
The table given below shows a brief overview of both institutions:
Particulars |
NIBM |
GLIM |
Rank |
88 |
23 |
Fees |
1.2Lakhs |
17-19 Lakhs |
Highest Package |
18 LPA |
18.30 LPA |
Average Package |
10 LPA |
9.30 LPA |
Admission Procedure:
NIBM:
GLIM :
Infrastructure :
Placements:
NIBM:
GLIM:
Both the B-School's package range is relatively the same. If you are interested in banking and finance, there is no better match than NIBM but if you are aspiring for something different then your choice may vary. It's totally based on the domain you are interested in.
GLIM Chennai, as well as, IMT Ghaziabad are well- known institutions in India for management education. As a brand, IMT Ghaziabad has more recognition than GLIM Chennai among recruiters. However, GLIM Chennai has a location benefit as it is situated in Chennai, South India’s second most popular IT hub.
Given below are the few factors that you should take into consideration when choosing the institute.
Particulars |
IMT Ghaziabad |
GLIM Chennai |
Approved by |
AICTE |
AICTE, NBA |
Rank |
37 for MBA by NIRF |
23 for MBA by NIRF |
Entrance exams accepted |
CAT/XAT/GMAT/CMAT |
CAT/XAT/GMAT/CMAT |
Intake |
420 |
420 |
Specialization |
Marketing, Finance, Banking & Financial Services |
Finance, Marketing, Operations & IT, Analytics, Artificial Intelligence & Machine Learning |
Fee |
INR 17.5 Lakhs. |
INR 16.01 Lakhs. |
Duration |
2 years. |
1 year. |
Average CTC |
12.50 LPA |
13.1 LPA |
Highest CTC |
57.40 LPA |
29 LPA |
Top Recruiters |
Mahindra & Mahindra, Citi Bank, Google, D.E. Shaw, Citi Bank, Whirlpool, Arcesium India, HCL, Deloitte, E&Y, Accenture, Infosys, Bosch, Royal Bank of Scotland, and many more. |
HSBC, L&T, Cognizant, Amazon, Deloitte, Cognizant, Accenture, etc. |
PGDM at Great Lakes Institute of Management, Chennai is a 2 year full time program. They usually select students based on their overall academic performance, work experience, and other qualifications along with the cut off. Candidates who are university toppers are given an additional weightage. Students with less than 2 years of work experience, their achievements during this tenure is also considered.
Category | PGDM Cut Off |
General | 85 percentile |
A higher cut off with a medium profile performance and a lower cut off with great profile performance can get you ahead. It is suggested that you aim to score 80–89% with a decent profile.