Life @ Great Lakes Inst. of Mgmt-Chennai [GLIM]

MBA CAT 2022
603
Stanford Business School News Letter
Headlines - New Research Center Named for Srinivasan - Stanford GSB

STANFORD GRADUATE SCHOOL OF BUSINESS Indias Great Lakes Institute of Management has created the Kotler-Srinivasan Centre for Research in Marketing to develop knowledge in marketing, focusing on research in India and its global role. The center is named for Professor Philip Kotler, S. C. Johnson & Son Distinguished Professor of International Marketing of the Kellogg School of Management, and V. Seenu Srinivasan, the Adams Distinguished Professor of Management at the Stanford Graduate School of Business.

Great Lakes Institute, located in Chennai (formerly Madras) in the Indian state of Tamil Nadu, announced creation of the new center in July 2006.

Speaking on this occasion, Dr. Bala Balachandran, founder and honorary dean of the school, said, "Given the natural core competencies and expertise on hand, we at Great Lakes have decided to make marketing our focus. The research center will focus on marketing and sales research in India and will help transfer global concepts to local needs. Professor Srinivasan will act as an advisor to the center. He has given several talks on market research topics at the Great Lakes Institute
604

HI All,
I had been a silent reader so far to this thread.
My Name is Shyam Poddar . I m recKurukshetra pass out and i have a workexoerience of 2.5 years with 1 year in infy . i m eager to join GLIM.
My only query is what would be the total expenditure in Glim for 1 year course which includes fees fooding , lodging, study material and every small expense.

I have heard the fees is aroud 5 lakhs .
KIndly di let me know . it would be a great Help specially PRASANTH and all those who know .if you can directly mail to my id [email protected]


waiting eagerly for your replies

605
HI All,
I had been a silent reader so far to this thread.
My Name is Shyam Poddar . I m recKurukshetra pass out and i have a workexoerience of 2.5 years with 1 year in infy . i m eager to join GLIM.
My only query is what would be the total expenditure in Glim for 1 year course which includes fees fooding , lodging, study material and every small expense.

I have heard the fees is aroud 5 lakhs .
KIndly di let me know . it would be a great Help specially PRASANTH and all those who know .if you can directly mail to my id [email protected]


waiting eagerly for your replies

Hi Shyam,
The fees do not include fooding & lodging.
Pls visit our website Great Lakes Institute of Management, Chennai to know more about the fee structure. You can also download the softcopy of the admission brochure. Request u to post all your admission related queries @ http://www.pagalguy.com/forum/b-school-student-discussions/12225-great-lakes-admission-queries-39.html#post598673.

~FnS
606
IMPORTANT

Pls note that the last date of submission of applications is postponed to 20th Jan, 07......

Pls register in the yahoo group for more and more updates

~FnS
607

Mr Subir Mehra, Head of Commercial Banking, HSBC India, was at Great Lakes on 4th Dec'2006.

Graduate from Kellogg Graduate School of Business, he enthralled all of us with his talk on "Careers in Banking". He took us through the various career options like Treasury, Corporate Banking, Trade Finance etc, and patiently went forward to answer every question that Great Lakers had. For a person of his stature, he was very down to earth and delivered a perfectly drafted presentation.

The talk was not only beneficial for Great Lakers who want to pursue their career in Banking Industry, but also for all others.
608
Reliance Retail @ Great Lakes

Today we had the pleasure of having amongst us Mr Venkatrama, VP - HR, Reliance Retail, with us for the guest lecture. He took us through the careers in Retail industry and the expansion plans of Reliance Retail. This was followed by Q&A; session wherein he patiently answered questions posed by Great Lakers.

Being informal, Mr Venkatrama took us through a very lively interaction. Continuing with Skull Sessions, the team surely has done amazing job with people across various domains coming and sharing their experiences.

Kudos to Guest Lecture Team
609

Heyyyyy guys writing abt the life at Great Lakes after a looooong tym....
Well let me come one by one........ lets start of with the academics:
Acads: well genuinely we are having some awesome profs from Harvard, Kellog, Columbia, etc etc coming down... and some more shining names in the coming month... the classes are just hell of an education for me as the global perspectives we are getting are phenomenal.... some of the keywords of some of the most renowned profs "I can make any business global", "If u dont strategise well, better suck ur thumb", "Some strategies are meant to be sexy" etc etc (oh ! u guys almost had a class... phew joking !)
Classes start as early as 6.30 in the morning... and go uptill 11... 12 in the night.... i wrote an exam today at 11.30... The best part of the classes which i enjoy are the 15 mins breaks where u can go out for some entertainment in life (eg. tea, biscuits...)
Assignments, Presentations, and exams are integral part of glakers and now ppl are sort of immune to these pressures (all of us are masters of outsourcing strategies... doesnt help actually... because all are budding managers 😉 )... well the level of presentations continue to impress proffs from round the globe though(did i spk much abt the students??)

Extracurriculars: well coming to xtracurriculars.... we really feel that extracurriculars should not be included in syllabus(heyyy.. now u know me.. am an illiterate mba)... for example i am in the admissions committee and as a regular practice... i break my head with my co-members about the interviews, how to speed up things, the queries which u ppl brutally throw at us to solve, contacting the interviewers... blah blah blah.... the other poor soul here called Manik Kinra, in the placement committee, is seen to run the stairs like an unmaaaaaaaad when a company comes in for ppt.. or when the flights of the company ppl are delayed or when he makes some strong rules and regulations at the placement scene !! The committe which is the most sought after committee for budday bumps now a days is the food committee.... well trully speaking, being a student run institute, glakes makes us run evrywhere.... btw just a bit of more elaboration on the adcom... the whole of the online process has been negotiated and run by us, the entire procedures is decided by us.... and we maintain that no one hinders our ways(main hoon don types....).......
well the new bug which is biting the college is that of L'Attitude 13 05.... and as a member of that also(my life is dedicated to illiteracy... dont worry)... I am looking after the events... there are 2 ppl who are looking after the sponsorships... and there motto in life is to beg, borrow and steal ! there are a few of us who look like crazy nomads after v are stuck at some point in the midst of night(pls note that the all india fest is being organised in a 44 days notice....)... can u ppl do us a favor?... pls click onL'attitude 1305 and go thru the details...

Placements: its confidential.... wont say even if u ppl pm me ;-)

am feeling sleepy... cant write this post anymore... wait for the next edition....

~FnS

610
Yale - Great Lakes Research Center - First International Conference
Indra Nooyi Visits Great Lakes
President and CEO of Pepsi Co., Ms. Indra Nooyi, was on of the distinguished guests at Yale - Great Lakes First International Conference. Though she did not stay back for long, but marked her presence with some intelligent and witty quotes. As a member of Board of Yale University, she said that she would make sure Yale - Great Lakes Centre achieve stardom in field of Management Research.

The International Conference on "Global Mindset Indian Roots" was a run away success with Academicians from across the globe presenting their cases. We had professors from Kellogg, Standford, North Carolina, University of Toronto, Georgia State, ISB, IIM A, IIM B, MDI, XLRI, IITs to name a few. People from industry also were present with speakers from Preferred Brands International, TCS, Hexaware, Orchid, Delta Management USA and Reliance Industries.

The conference marks the first step towards providing a platform for Management Research on India. With Dr Venkat Krishnan (Director Yale - Great Lakes Center) at the helm of the research center, i am sure Great Lakes is all set to have another feather in its cap at such an early stage of its evolution.
611
Some of Indra Nooyi's pics. during her recent visit at Great Lakes. She was present during the Yale - Great Lakes International Conference on 24th Dec'06


612
C K Prahalad@Great Lakes

Great LAkes Institute of Management, Chennai is hosting a land mark lecture on "Business Challenges in the current global environment" by Prof C. K. Prahalad. Prof Prahalad, is a distinguished professor of corporate strategy at University of Michigan.

The Guest Lecture is scheduled to happen on 3rd January.
613
Fall Project Report @ Great Lakes

To view the fall Project Report pls. visit Great Lakes Institute of Management, Chennai or http://www.glakes.org/report-2006.htm
614
Why MBA @ Great Lakes

This post has been pending for a long time.
I was getting all kinds of enquiries about Great Lakes, the kind of student profiles we have here at Great Lakes, the faculty that teaches here, and the most important of all, the placement scene! - Basically the usual "What is in it for us" kind of questions. The objective of my post here is to reason what sets the Great Lakers apart Why and How are we different from the rest of the B-Schools.
  1. One - Year course- the only other college offering the same kind of course is ISB. The common link between both the colleges being Uncle Bala, who is one of the founders of ISB, MDI and also Great Lakes. One year MBA makes certainly more sense, specially for those with prior relevant work-ex - You save one precious year of your life
  2. International Focus - Our entire curriculum has an international focus to it. We study Chinese language and both US and Indian forms of Accounting - Indian Accounting taught by an Indian CA; the US GAAP being taught by a US based Accounting Professor
  3. World class faculty - We, at Great Lakes, have professors flying down from the US to teach us various courses. 90% of the courses that we study here are taught by professors from Kellogg School of management, Carnegie-Mellon University, Stern School of Business, Georgia State University, University of Miami, Stuart Graduate School of Business, Stanford Graduate School of Business, Florida International University, University of Rhode Island, San Jose State University, University of Illinois, IIMA, IIMB, and so on
  4. Quality of Student Interaction - We have students with an average work-ex of 3.5 years. This being the case, the wealth of practical knowledge Great Lakers bring to the table even before joining Great Lakes is exceptional. This thereby, leads to high quality peer group interactions and brings in newer perspective to different dimensions.
  5. International Affliations - Great Lakes is affiliated to Stuart Business School, Illinois Institute of Technology for its PGPM course. We also have MOU with Nanyang University, Singapore and Collaboration with Yale University. We have recently signed an MOU with Indian Institute of Technology, Chennai, thereby enabling us to have value additions in technical expertise that IIT has been able to gain in past few decades.
  6. Research Outlook- With Dr Venkat R Krishnan, Director Yale - Great Lakes Centre of Research, at the helm of research activities at Great Lakes, we have already marked our presence in Management Research. We organized the first Yale Great Lakes International Conference on 24thDec '06, which was a run away success with academicians from across the globe participating in the same. We have also announced the setting up of Kotler - Srinivasan Centre of Marketing Research, thereby developing our collaboration with Stanford University also.
  7. Luminaries - Great Lakes has been known for the luminaries visiting the campus. Interactions with them have been profoundly insightful and they not only enthralled Great Lakers with their charisma, but also have been extremely motivational, showing us the path ahead! In terms of Academicians, we have had the privilege to listen to the some of the stalwarts of Management education throughout the world. The list includes Dr. Bala V Balachandran, Dr. Philip Kotler, Prof C K Prahalad, Prof Seenu Srinivasan, Prof HayaGriva Rao, Prof. Sudhakar Balachandran, and many others. Some of the eminent personalities at our campus are:
    Ms. Indra Nooyi, CEO & President, Pepsi Co,
    Mr Ravi Venkatesan, Chairman, Microsoft India
    Mr Ratan Tata, Chairman Tata Group
    Mr Adi Godrej, Chairman Godrej Group
    Mr Lakshminarayan, CEO Cognizant
    Mr Vivek Paul, Former CEO, Wipro
  8. Industrial Interface - In a short span of two and half years, Great Lakes has been able to build its brand equity, with Industry across verticals accepting and praising Great Lakers and their efforts. We have been able to achieve 100% placements in the first two years of inception and had 7.2 LPA as the average salary last year. This year, we have had more than 81 companies participating in Fall Project Phase, which is a testimony of the acceptance industry has shown towards Great Lakers.
  9. Last, but not the least, Great Lakes is a student-run school. Here Students are given a lot of freedom to decide what path they want to take. For instance, the students are the ones who decide what electives to be taken. Hence, the course structure is very application-oriented with a lot of focus on the latest trends in Management. Even though it is a one-year course, the total number of courses offered are 40, with the total number of teaching hours being around 950 hours, even more than what some b-schools teach in 2 years.
After having said this, Its our duty to warn you that the course is no piece of cake The scope for learning is tremendous. But, an equal amount of effort has to be put in. For instance, for every one hour of class, there is 4 hours of pre-reading involved!! You have to slog to see the fruit in the end!
Hope that meets most of ur queries In case, you would like to know something more, do feel free to ask More on Great Lakes at Great Lakes Institute of Management
Neha/Manik
615

hiii piiiiipllllllll....
hope you guys are all doing fine and partying hard this year end...
well, if u want to know what the Great Lakers are doing... we are having classes till 9.30 pm on 31st, and classes from morning 8 on 1st... doesnt it sound uttttttttter sadistiic????
well... it might sound sad, but we are partying... and partying the whooooooole night... dunno if we can arrange for a party in college..
well apart from partying and stuffs, the big question is what are the glakers doing other than studies(did i sound like a very academic personality trying to concentrate into extracurriculars???)... well a group of people just finished organizing an international conference with Yale, where Indra Nooyi came... a bunch of people are now busy with the CK Pralhad visit who will be at Great Lakes for a talk.... and a bunch of ever-vella people are working on L'Attitude... the people are selected, queries are coming from all over about how to come down to the venue and stuffs, the venue still seems to be in a slumber in absence of the glakers, the prizes bought--- not liked---- and returned--- and ordered for better ones. Arrangements are in full swing to host all the ceo s and the whos who of the corporate world.... the logistics team is working too hard to ensure everything goes right, the individual events teams are ensuring the best qualities on the stage... however complaints are on -- for eg. hr event co-ordinator was seen yesterday night at 3 o clock in a hot discussion with the event coordinators... the team responsible for confirming the judges is on the brink of their tears... and the coordinators have become 500% mads... and the list goes on.... and on.......and on........
oh o ! i forgot to mention these are in addition to the normal acads(10-12 hrs classes per day).... isn't that Great Lakes is known for?? CREATING A SYSTEM IN THE CHAOS !
chalo i got a L'Attitude meeting.....

yours 500% dear mad blogger,
FnS

616

Hapy New Year...

617

Hi all....can u suggest me whether i wud manage a call from imt nagpur....my percentile scores of cat are.....di -- 86.22....qa 84.17.....va 82.84....overall - 89.1.....workex - 27 months(till date) in IT.....good acads and extracurriculars....please advise.........avi_15

618

Dude this is Great Lakes thread!!!

619

Krish Srikant @ Great Lakes

Great Lakes conducted its Annual Festival, Latitude 1305, on 5th & 6th Jan'07. One of the events which every one enjoyed was the talk by Former Indian Cricket Captain, Krish Srikant. He took us through his experiences of World Cup'83 and quoted some of the funniest words during his talk. He told about how Kapil Bhajji (Kapil Dev) motivated the entire team and led them to the glorious world cup victory. He also stated many other incidences from his life and pointed on the importance of self belief and team work to achieve success. He also asked Great Lakers to think from their heart and not mind, as mind would never be able to give them a clear and conviencing answer.
620


Rahul Bajaj, Chairman of Bajaj and Member of Congress was a keynote speaker at Conclave, a part of the recently concluded L'Attitude 13 05. It was a sheer pleasure hearing him speak. - Great Lakes Chennai

A couple of points touched by him were:
  1. Reforms need to be speeded up to bring prosperity to Indians. We need to focus on intrastrcuture, health and education.
  2. Good corporate governance is going to be a law whether businesses like it or not.
  3. There are still discretionary areas with the government which gives rise to corruption.
  4. "I am for the underprivileged and the Dalits" he said, "But I voted against the reservation bill in Parliament because what they need is high quality primary education to compete on merit"
  5. He was sceptical of a one lakh car project by the Tatas and said by the time it reaches the consumer it could probably be one and a half lakh rupees. He dismissed the suggestion that it could be a threat to the two wheeler market. He also added that Bajaj would enter the four wheeler segment in the LCV segment by 2008.
  6. He also asked the students to work so that not only India is the second or third largest economy in the world but also focus on metrics like per capital income and reduce the 30% population who live on less than a dollar a day to negligible.
  7. He was categorical that not everyone needs to do a masters degree to add to the mass of over educated and underemployed people, but that people who get second and third class in bachelor's degrees should get into vocational training and add employable skills.
It was a pleasure having him over! And after the intellectual discussion, Rahul Bajaj announced donation of 25 L for Great Lakes Building, giving Great Lakes Family another reason to celebrate.
621
Industry Recognises Great Lakes' Increasing Brand Equity
http://www.glakes.org or http://www.glakes.org/report-2006.htm
Despite this being the first year for the concept of a one-month Fall Project, Great Lakes was able to build in capabilities and create opportunities for students with different kinds of jobs that they loved to do. Fall Project was a testimony of the interest that industry has shown towards this concept.
In addition to the regular recruiters, 2006 saw the entry of bigwigs like Standard Chartered Bank, KPMG, Pepsico, Pricewater House Coopers and Deloitte, which recruited for the first time from Great Lakes. The growing visibility of the institute is reflected in many similar companies offering fall projects to Great Lakers.
As many as 81 companies offered projects during the one month project phase, with 37 of them being first-time recruiters at campus. Great Lakes grew in reputation as a finance bigwig shone across again with nearly 30% of the PGPM batch getting a finance profile. Premier Banks and Financial Organizations like Acumen Fund, Standard Chartered Bank, Kotak Mahindra Asset Mgmt., KPMG, SBI Caps and Langham Capital reaffirmed their relationship with the campus. FMCG and Retail majors too recognized the talent at Great Lakes with profiles in Marketing, HR and Finances being offered to students by ITC, Pepsico, Reliance Retail and others. With a booming industry sector and multiple profiles on offer, IT companies made a collective pitch for the MBA students. Major firms like Cognizant, Covansys, TCS, Oracle, Lehman Brothers, Flextronics & Wipro offered attractive choices to the students.
Projects in consulting arena were also offered at Great Lakes by companies like Frost and Sullivan, E&Y;, Technopak Advisors, KPMG and Deloitte. Some companies, like Honeywell Automation, in FMCG, Manufacturing and other sectors also offered roles like Process Consultant etc.
Says Prof S. Sriram, the Executive Director at Great Lakes "The Fall Projects at Great Lakes, Chennai displayed the sound academic foundation and an excellent industrial interface. The diversity of the internships across horizontals and verticals on offer this time are indicative of Great Lakes equity in the industry. The successful fall project is once again a reflection of the trust that corporates place on us"
622
I

S.Ramadorai, CEO, Tata Consultancy Services @ Great Lakes

It was a pleasure to have amongst us Mr S. Ramadorai, CEO, Tata Consultancy Services for the CEO Conclave on 5th Feb. Mr Ramadorai spoke on how to make Chennai a gateway to South East Asia. He cited practical examples to substantiate his claims in taking Chennai to the next level. He also answered a few Questions raised by participants from B Schools in India, Singapore and Dubai.

He further went on to innaugrate the 3rd volume of Gravity, the inhouse publication of Great Lakes Institute of Management, Chennai. It was a thrilling experience to listen directly from the horse's mouth!