No offense meant to anyone.... and GLIM students dont take this post as something against your institute. GLIM is definitely a great institute.. I just wanted to know the truth.......
Ketan
Rightly said and had u not posted the same i would have done the job.
but i believe one should learn from ketan that how to put ur point without making the other person feel humilated:) keep it up ketan.
Plz GLIMMERS clarify the issue and also talk about the profiles given to a avg student ( I mean that dont quote what a person with 13 years of work exp got but instead talk about the ppl with 2-3 year of workex)
Rightly said and had u not posted the same i would have done the job.
but i believe one should learn from ketan that how to put ur point without making the other person feel humilated:) keep it up ketan.
Plz GLIMMERS clarify the issue and also talk about the profiles given to a avg student ( I mean that dont quote what a person with 13 years of work exp got but instead talk about the ppl with 2-3 year of workex)
Cheers
Hi ashish, i guess you have all the rights to know abt the details.. w.r.t avg sal which 2-3 years exp ppl got, it is arnd 4-5 lakhs. i mean the average salary. these are not official figures. these are figures which i can gauge from what my seniors have got.there have been cases where a fresher has got arnd 6.5 lpa with a take home of arnd 40k. so it doesn't really give u a correct picture.
please have a holistic view towards the institute. its just one year old and still hasn't moved to a permanent campus. so with all the limitations i guess its a remarkable achievement. also consider the fact that the first batch itself had 129 students the highest for any start up B-school. even IIMI and IIMK had just 60 students when they started the first batch, despite having the IIM tag with them. so the average is pretty decent. not trying to justify the stats but also trying to make you people understand the facts which would not have been analyzed by a prospective student.
as far as my knowledge goes all B-schools quote up CTC. i am not aware of the break up.As far as profiles are concerned everyone has gone in as a management trainee and not as a executive trainee . so job profiles are good.
ketan there is a huge variation between highest CTC and average ..agreed. but last batch had around 45% freshers. so please take that factor into account. i do admit that we may be below the top 10 colleges in terms of average CTC. but in terms of ROI we are number 1 . so think of that aspect. mebbe your doubts will get clarified once i come up with a doc on the same lines as ramki of ISB.
I will try my level best in pointing out some of the drawbacks the insti has ,but please bear in mind that even i have some limitations..
i do admit that we may be below the top 10 colleges in terms of average CTC. but in terms of ROI we are number 1 . so think of that aspect. mebbe your doubts will get clarified once i come up with a doc on the same lines as ramki of ISB.
if u meant ROI as return on investment...im afraid ur nowhere close to no1 😁
FMS is!! 14k fees for 2 years and avg placements better than some of the IIMs!!
as for the earlier thing about CTC..every Bschool quotes placement figures only in terms of CTC and as for the inhand or fixed component of it that varies from company to company with a lot of them preferring the annual bonus/performance incentive route but my own personal observation is in-hand salary excluding cash bonuses or year end incentives are roughly about 43-50% of CTC
dude , we are No: 1 daa no doubt .. FMS 28k total in 2 years ..u forget that we study for just one year and start working from second year. so assuming a average pay of 5-5.5 lakhs we would have earned at least 1 lakh more than what we had paid initially. so by the end of 2 years we would in fact have a cash surplus plus one year of work ex which further increases your market value..
dude , we are No: 1 daa no doubt .. FMS 28k total in 2 years ..u forget that we study for just one year and start working from second year. so assuming a average pay of 5-5.5 lakhs we would have earned at least 1 lakh more than what we had paid initially. so by the end of 2 years we would in fact have a cash surplus plus one year of work ex which further increases your market value..
what is your take on that??
u talk as though that 5.5 lakhs is cash in hand and as though u would have no expenses and as though u have no loan to repay ... well i wont argue more on this!!
u talk as though that 5.5 lakhs is cash in hand and as though u would have no expenses and as though u have no loan to repay ... well i wont argue more on this!!
Sorry dear PGites... for being late in replies...
Dear don.. IMHO it is futile discussing these petty issues... If the crowd thinking went on the way of ROI, loan repayment etc.. only in terms of *money*, then we would have hardly seen anyone going for an MBA abroad.. or in or Great Lakes or ISB after working for 6-10 years.. I believe we should develop an eye to look at *Your future* like a manager.. But, take my word for this.. that for the fee I am paying at Great Lakes, and the return I am getting in terms of world-class faculty and the CEO lectures can't be put down on words..
Take a look .. Marketing management is taught by a Prof. who is in the advisory board of Motorola and Toyota worldwide.. Finance mgmt. taught by a Prof. who is a co-author himself of the textbook Corporate Finance - Brealy Myers.. (It is the same textbook followed in IIMA for corporate finance..) Do I need to say anymore :)
I've shared this before with my fellow PGites.. and saying it again.... "Only he who keeps his eye fixed on the far horizon will find his right road. "... I or any Great Laker will be more than happy to answer any questions you have in your mind.. 😃 :)
PG friends.. Just to share the names of few eminent names who came for guest lectures @ Great Lakes in last few days..
YV Reddy ( RBI Governor ), Jagdish Sheth (A famous strategist like C.K.Prahlad and author of 'The Rule of Three' ), and most importantly Vivek Paul, who spearheaded Wipro from ~4000 to ~40,000 strong and a billion-dollar company.. I was speechless standing next to him... so humble and down to earth person... !!!
jadish sheth came to ur college.........................he must have delivered a good lecture...................................
He is also coming up with his own B school named BANGALORE SCHOOL OF BUSINESS............
dID HE TALK ABOUT THE SAME AT GLIM...............
OR HAS HE GIVEN UP THE PLAN TO OPEN IT UP?
Yeah.. It was a very good lecture.. He talked about the consolidation of organisations in different industries, in a global context with examples from all over the world.. and the strategies they should plan for...
He didnt talked about BSB, but definitely he has not given up the plan and will start it soon.. But,I am not sure about the other details...
HI guys, I am planning of writing of GMAT and CAT also...:) But What is the score glakes likely to consider well i m not NRI.. what are noramal GMAT and CAT score which glakes considers....
Well pls elaborate..
Thanx.
Winning is not everything , Winning is the only thing!!!:grab:
HI guys, I am planning of writing of GMAT and CAT also...:) But What is the score glakes likely to consider well i m not NRI.. what are noramal GMAT and CAT score which glakes considers....
Well pls elaborate..
Thanx.
Winning is not everything , Winning is the only thing!!!:grab:
dude, to my knowledge there is no specified cutoff, but things could be different this year,with increase in number of applicants cutoffs cud increase but with substantial work ex cutoffs need not matter. so it depends on the relative amount of work ex of applicants. in case of freshers i guess cutoffs cud be high but figures i cant give coz we dont know,besides i am bad at forecasting
with regards to NRI and stuff like that i dont think there is any preferential treatment.. all are equal so the question of being an NRI or indian does not really matter..
all queries answered based on last years selection process..
Fellow PGites.. Here is an opportunity to talk to the dean and get to know more about Great Lakes and GL life..
Here is the extract from the website: --------------------------------------------------- MEET THE DEAN
Dr.Bala V. Balachandran J.L. Kellogg Distinguished Professor of Accounting and Information Management, Kellogg School of Management & Founder and Honorary Dean, GREAT LAKES INSTITUTE OF MANAGEMENT
New Delhi: 5th August, 6.00 PM - 7.00 PM Venue: Conference Room No.3, Annexure Building,* India International Centre, 40,* Max Mueller Marg, New Delhi - 110 003
Kolkata: 12th August Time & Venue will be intimated to registered members.*
Fellow PGites.. Here is an opportunity to talk to the dean and get to know more about Great Lakes and GL life..
Here is the extract from the website: --------------------------------------------------- MEET THE DEAN
Dr.Bala V. Balachandran J.L. Kellogg Distinguished Professor of Accounting and Information Management, Kellogg School of Management & Founder and Honorary Dean, GREAT LAKES INSTITUTE OF MANAGEMENT
New Delhi: 5th August, 6.00 PM - 7.00 PM Venue: Conference Room No.3, Annexure Building,* India International Centre, 40,* Max Mueller Marg, New Delhi - 110 003
Folks, this time around, I've added it to the event manager on the portal manually....Am sure it would help it spreading the message...Next time on, plz submit the event using the automated form on the portal that can be found here :)
Fellow friends.. Great Lakes started their new Executive education center a few days back.. It was inagurated by Dr Henry Bienen,, President, Northwestern University(Kellogg), in the presence of Dr Dipak C Jain, Dean, Kellogg School of Management...
I hope many of you would have attended the info sessions at Delhi and Calcutta, and would have interacted with Dr.Bala..
Whats the average score of GMAT to enter in GLIM ?:wow:
there is no preset GMAT scores and it cud vary depending on your experience.. all this is based on last year's applicants . this year it cud vary considering the fact that there could be a slew of applicants this year.
a conservative estimate cud put it around 600-650 this year .. these are purely my opinions. does not reflect the opinions of the institute.
my two pence if you have good experience and do your interview well i dont see a reason why you cant get here. but that doesnt undermine importance of GMAT. it will all depend on number of applicants.we( the students) are expecting a 3-4 fold increase in number of applicants this year in comparison to last year. so happy apping.. the first set of application forms will come by september end.
