Chennai, 18th February 2023: Great Lakes Institute of Management, Chennai witnessed yet another successful season of placements with 100% of the graduating class placed with the highlight being the substantial increase in new marquee recruiters. The highest domestic CTC offered to the Class of the Post Graduate Diploma in Management (PGDM) 2023 was INR 46 Lakhs per annum by a multinational technology corporation while the average CTC of PGDM offered increased by 15% to INR 14.5 Lakhs per annum.
The batch of Post Graduate Program in Management (PGPM) 2023 also witnessed an excellent season with the average CTC being 18.10 lakhs per annum. With the average class incoming salary at approximately 6 lakhs, the PGPM students were able to achieve a 200% increase on average in just a year.
The season saw participation from marquee regular recruiters including Bain, ZS Associates, Accenture, ADP, Aditya Birla, Bridgestone, Michael Page, Bristlecone, Deloitte, Cognizant, FedEx, HCL, Dell, Incedo Inc., Optum, Tiger Analytics, Lowe’s, McKinsey & Company, JP Morgan Chase, Adobe, Nestlé, EY, PWC, Deloitte, HP, ITC, BNY Mellon, Reliance Retail, Crisil, Société Générale, DELL, Standard Chartered, Wells Fargo, to name a few. Accenture, Deloitte, Cognizant are among our top three recruiters.
A total of 30 new recruiters participated in the campus recruitment drive this year. This includes companies like Microsoft, PricewaterhouseCoopers, Mahindra & Mahindra, Barclays, Tata Motors, Aditya Birla Capital, IBM, Reliance Retail, Berger Paints and VE Commercial Vehicles, etc. Students were offered diverse roles across industries including BFSI, Consulting, FMCG, Technology, Automobile, Pharma, Retail, Supply Chain & Logistics, Gaming, Healthcare, etc.
Speaking on the placement drive, Dr. M. Balaji, Group Director – Corporate & Career Services (CCS), Great Lakes Institute of Management said, “It is heartening to see several leading companies across industries joining existing marquee recruiters in offering our PGPM and PGDM students a fantastic set of opportunities with varied roles. Despite an increase in the batch strength in PGDM, we could not only place all the students but also increase the quality and diversity of roles at the same time. Our team acted as a catalyst in bridging the skill gaps as demanded by the current hyper-competitive market through CCS Placement-Readiness Programs in addition to the world class curriculum and learning experience at Great Lakes.”
Commenting on the placements, Dr. Suresh Ramanathan, Dean, Great Lakes Institute of Management, said, “I congratulate all our PGDM and PGPM students for making the best use of their learnings and the mentorship that they have received, and leveraging them to get the great jumpstart in their careers. Over the years, Great Lakes, Chennai has become one of the preferred campuses for managerial talent requirements in the country.”