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  • Category: Professional Courses

    Which is the better option for MBA: Great Lakes Institute of Management or IFMR Institute, Chennai?

    Unsure whether to pursue MBA from Great Lakes Institute of Management or from IFMR Institute, Chennai? Find out the suggestions and other options given by experts to help you make an informed decision for your future career.

    I want to pursue MBA degree from one of the best MBA colleges in Chennai but got confused about the college choice. It is important for me to get MBA degree from that college which offers good campus placements, else will have difficulty to find a good job. Hence, I would like to know which would be the better choice between Great Lakes Institute of Management or IFMR Institute, Chennai or any others based there. Perhaps, students who have completed their MBA degree can guide me better regarding the best option in Chennai.
  • Answers

    3 Answers found.
  • As per the information available in the internet these two institutions (Great Lakes Institute of Management and Institute for Financial Matters and Research (IFMR)) are more and less equal in their reputation and infrastructure facilities.

    Some agencies rate these institutions based on some factors like academics, accommodation, faculty, placement, social and infrastructure and based on that rating the Great Lakes Institute of Management scores better.

    I will advise you to visit these institutions and have a feel of these things by interacting with some senior students so that you get some real time concrete information especially the placement thing.

    Please remember that sometimes institutions do not matter and what matters is the hard work and scoring in the examination so that the selection in good company becomes easier. So, you have to consider these points before taking a decision.

    Knowledge is power.

  • These days the competition of the various MBA colleges have been fierce and as such they keep the best faculties, a library with host of excellent books and apart from it they provide excellent output in terms of teaching. Such facilities would help students to secure better marks in the final examination in the MBA course.
    The Management - colleges which you have referred to such as Great Lakes and IFMR - both are almost parallel in terms of providing education. They too provide campus placements to the promising students having secured impressive scorings in their final examination.
    Hence to know the real picture, you are advised to remain in touch with the students of these two institutes to be familiar with the internal situation and such feed - back will help you to choose the right MBA college.
    You need to keep in your mind that achievement of academic - excellence in your management - course will lead to your ultimate success in getting an appropriate job.

  • There are many MBA college in Chennai. The following four are considered as the top institutes.
    1. Institute for Financial Management and Research (IFMR) - This institute is situated in Sri City, AP. It is about 70km from Chennai. The admission is on the basis of your performance in CAT/XAT/GRE/GMAT.
    2. Great Lakes Institute of Management - It is also a very famous institute. The admissions are based on your rank in CAT/XAT/CMAT/GMAT.
    3. Loyola Institute of Business Management (LIBA) is also a good institute. The seat allocation is based on CAT/XAT. There are some seats in management quota.
    4. IIT Madras offers MBA program. The regular candidate's admission is through CAT.

    From the above four based on the quality of teaching faculty, campus placements, etc. many people give the following order of preference.

    1. IIT, Madras

    Now you can take a decision based on your interest

    always confident

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