Great Lakes Institute of Management

What Great Lakes Institute of Management does

Great Lakes Institute of Management is a private Indian business school operating two residential campuses — a 32-acre LEED Platinum certified flagship in Chennai (East Coast Road, Mahabalipuram) and a 7-acre campus on Golf Course Road in Gurgaon (Delhi NCR). Founded around 2010, the institution is led by Vice-Chairman and CEO Mohan Lakhamraju, COO and Co-Founder Gautam Lakhamraju, and Founder Bala V. Balachandran, operating as a bootstrapped private limited company without external PE/VC backing. It holds dual international accreditations from AACSB (US) and AMBA (UK) along with AICTE approval, positioning it among India's consistently top-10 ranked B-schools.

The institution's product portfolio spans five core degree programs: the one-year PGPM for professionals with 2+ years of experience; the two-year PGDM for early-career candidates (0–3 years) featuring specializations in Marketing, Finance, Operations, AI, ML and Analytics; the PGPM-FBE targeting family business scions and entrepreneurs; the executive PGXPM for senior professionals with 8+ years of experience; and the FPM doctoral program with an exclusive dual-track PhD partnership with the University of Texas at Arlington. The PGXPM additionally offers a dual MBA pathway with the University of Bordeaux, and student exchange partnerships span 12+ European, US, and Asian institutions including IÉSEG Paris, EDHEC, Manchester Metropolitan University, HHL Leipzig, Bologna Business School, Pace, Rutgers, IPAG, NUCB, Skema, and Frankfurt School. Great Lakes E-Learning extends the offering to online and blended formats via a Centre of Online Learning.

Revenue is generated primarily through tuition fees (PGDM at approximately ₹19.21 lakhs, PGXPM at ₹12.35–12.97 lakhs including GST, ₹2,200 non-refundable application fee), with a secondary stream from corporate Management Development Programs (MDPs) delivered to enterprises including Maruti Suzuki, Hero, Indian Oil, Coca-Cola, and PwC. The institution claims a 100% PGDM placement record with average CTC of ₹15 lakhs and highest CTC of ₹39.3 lakhs, and reports an alumni base of 16,000+ professionals across 30+ countries. Its 150+ annual CXO engagements on the PGXPM campus and 63% promotion rate among executive MBA graduates underscore the executive network monetization model.

Name

Great Lakes Institute of Management

Legal name

Great Lakes Institute of Management

Website

https://greatlakes.edu.in

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Great Lakes Institute of Management is a privately held, AACSB- and AMBA-accredited Indian business school operating two campuses in Chennai and Gurgaon, offering one-year and two-year MBA programs, an executive MBA, a doctoral program, and corporate training to early-career, mid-career, and senior professionals across India.

Ownership category

akta.pro rank

Product category

Management Education / Business School

NAICS

Colleges, Universities, and Professional Schools (6113), Business Schools and Computer and Management Training (6114), Professional and Management Development Training (611430)

SIC

Services-Educational Services (8200)

akta.pro primary industry

MBA & Executive MBA Programs (EDAHAHAB)

akta.pro secondary industries

Strategy, Consulting & General Management Institutes (EDAHAHAI), Specialized Master’s in Management (MiM) & Business Analytics (EDAHAHAC)

Keywords

• Management education
• Business school programs
• Executive MBA
• Doctoral management research
• Corporate training

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Tuition and Program Fees: Primary revenue stream from full-time and executive management education programs. PGDM programs charge approximately ₹19.21 lakhs for the two-year program at Gurgaon. PGXPM executive MBA charges ₹12.35-12.97 lakhs including GST for the 18-month program. Application fees of ₹2,200 are non-refundable.
2. Corporate Training and MDPs: Revenue from Management Development Programs (MDPs) and corporate training engagements with companies including Maruti Suzuki, Hero, Indian Oil Corporation, and others. Faculty members conduct customized executive education sessions for corporate clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Great Lakes Institute of Management is a private business school offering a portfolio of management education programs across two campuses in Chennai and Gurgaon. Core offerings include the one-year PGPM MBA for professionals with 2+ years of experience, the two-year PGDM MBA for early-career professionals, the specialized PGPM-FBE for family business owners and entrepreneurs, the 18-month PGXPM Executive MBA for senior professionals with a dual-degree option from the University of Bordeaux, the FPM doctoral program with a dual-track PhD pathway to the University of Texas at Arlington, online/blended programs through Great Lakes E-Learning, and customized Management Development Programs (MDPs) for corporate clients.

Product overview

Great Lakes Institute of Management offers a portfolio of management education programs across two campuses (Chennai and Gurgaon). The core offerings include the one-year PGPM for experienced professionals, the two-year PGDM for early-career candidates, the specialized PGPM-FBE for family business owners and entrepreneurs, the executive PGXPM with a dual-degree option with University of Bordeaux, the doctoral FPM with a dual-track PhD pathway to University of Texas at Arlington, online/blended programs through Great Lakes E-Learning, and corporate-focused Management Development Programs. The institution is AACSB and AMBA accredited and incorporates AI/ML specializations within its curriculum alongside international exchange opportunities with partner institutions including IÉSEG, EDHEC, Manchester Metropolitan University, and others.

Differentiator

Problem solved

Functional benefit

Products and services

• PGPM (Post Graduate Program in Management) One-year full-time MBA program for professionals with 2+ years of work experience, offering global perspectives through international visiting faculty from institutions such as Kellogg, Texas A&M, and Yale.
• PGDM (Post Graduate Diploma in Management) Two-year full-time MBA program for professionals with up to 3 years of work experience, featuring specializations in Marketing, Finance, Operations, Artificial Intelligence, Machine Learning & Analytics.
• PGPM-FBE (Family Business & Entrepreneurship) One-year full-time MBA program specifically designed for next-generation family business owners and entrepreneurs, featuring mentorship from CXOs, business plan competitions, live projects, and international immersion at IÉSEG, Paris.
• PGXPM (Post Graduate Executive Program in Management) Executive MBA program for mid and senior-level managers with 8+ years of experience, delivered through 7 intensive on-campus modules over 18 months with 33% online sessions, offering a dual degree partnership with the University of Bordeaux, France.
• FPM (Fellow Program in Management) Internationally benchmarked doctoral program in Marketing and Finance & Accounting, designed for high-potential individuals pursuing academic careers, with an exclusive Dual-Track PhD opportunity with The University of Texas at Arlington, USA.
• Great Lakes E-Learning Cutting-edge online and blended programs for working professionals seeking to develop skills and stay ahead, including flexible formats to help learners acquire new-age skills.
• Management Development Programs (MDPs) Customized learning solutions for organizations, including executive training programs in Business Analytics, Digital Marketing, Sales, Operations Excellence, Customer Relationship Management, and other functional areas for corporate employees.

Quantifiable outcome

• 100% placement rate for PGDM batches
• +4 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

19 partnerships are on record, tiered core, flagship and minor.

• Madras Management Association (MMA)coreStrategic or Co-development Partner · 9 October 2025Joint hosting of Family Business Conclave 2025 on October 9, 2025 at MMA Centre, Chennai. Theme: 'Creating Entrepreneurial Families – The Role of Family Offices'. Brought together industry leaders to discuss family offices fostering entrepreneurship, governance, and next-generation leadership.
• The University of Texas at ArlingtonflagshipStrategic or Co-development PartnerExclusive Dual-Track PhD partnership allowing FPM scholars to pursue PhD from both Great Lakes and UT Arlington. Candidates gain access to world-class resources, international faculty mentorship, and expanded academic network. Opportunity to apply for assistantship abroad during second year. Selection subject to additional criteria set by UTA and involves additional costs for tuition, accommodation, and travel.
• University of Bordeaux (IAE Bordeaux)coreStrategic or Co-development PartnerDual MBA degree partnership for PGXPM Executive MBA program. Participants earn a globally recognized MBA from University of Bordeaux, France with immersive international exposure. Networking opportunities with peers from France, Spain, Brazil and beyond through CXO-led interactive sessions and guest lectures.
• IÉSEG School of Management, PariscoreStrategic or Co-development PartnerInternational immersion partner for PGPM-FBE program. Students spend a term at IÉSEG experiencing cultural diversity, international markets, and global business practices. Also partner for optional international immersion and student exchange programs for PGDM students.
• EDHEC Business School, FranceminorStrategic or Co-development PartnerPartner institution for student exchange programs. Students can spend a full academic term at EDHEC without additional tuition fees, paying only travel and living costs.
• Manchester Metropolitan University, UKminorStrategic or Co-development PartnerInternational student exchange partner. Students can spend a full academic term at Manchester Met without additional tuition fees, paying only travel and living costs.
• HHL Leipzig Graduate School of Management, GermanyminorStrategic or Co-development PartnerInternational exchange partner allowing students to spend a full academic term at HHL Leipzig without additional tuition fees.
• Bologna Business School, ItalyminorStrategic or Co-development PartnerInternational immersion partner for PGDM students. Students can participate in global immersion programs gaining exposure to European business landscapes.
• Pace University, USAminorStrategic or Co-development PartnerInternational partner for student exchange programs. Students can spend a full academic term at Pace University's New York campus.
• Rutgers University - Camden, USAminorStrategic or Co-development PartnerPartner institution for international immersion programs. Students gain exposure to US academic environments and business practices.
• University of Huddersfield, UKminorStrategic or Co-development PartnerInternational exchange partner for student mobility without additional tuition fees.
• IPAG Business School, FranceminorStrategic or Co-development PartnerInternational exchange partner allowing term abroad without additional tuition fees.
• NUCB Business School, JapanminorStrategic or Co-development PartnerInternational exchange partner providing Asian market exposure and diverse cohort experience.
• Skema Business School, FranceminorStrategic or Co-development PartnerInternational partner for student exchange and immersion programs.
• Frankfurt School of Finance and Management, GermanyminorStrategic or Co-development PartnerInternational academic partner for research collaboration and student exchange.
• Maruti SuzukiminorImplementation/ SI/ Consulting PartnerCorporate training partnership for senior management MDP on Business Analytics conducted by Prof. Bappaditya Mukhopadhyay in 2020.
• Hero (Hero MotoCorp)minorImplementation/ SI/ Consulting PartnerMultiple MDP engagements including Digital Marketing, Services Marketing, Sales in Covid Times, Operational Excellence, and CRM programs for dealer owners conducted in 2020.
• Indian Oil CorporationminorImplementation/ SI/ Consulting PartnerExecutive MDP and HR consultancy engagement including Personality Job Fit assessment conducted by faculty members Poornima Gupta, Ahindra Chakrabarti, and Preeti Goyal in 2019.
• Great LearningminorImplementation/ SI/ Consulting PartnerDigital Marketing consultancy engagement with Prof. Anirban Chaudhuri.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MICA (Mudra Institute of Communications, Ahmedabad): Private Indian management school with strategic communications and marketing focus. Comparable as a specialized, premium-priced private B-school targeting specific management niches rather than broad general management.
• XLRI Xavier School of Management: Top-ranked private Indian B-school offering two-year PGDM and executive programs. Comparable placement outcomes, fee structure, and recruiter base, particularly for HR and business management specializations.
• SP Jain Institute of Management and Research: Private Indian B-school in Mumbai offering PGDM, executive, and family business programs with strong corporate recruiter base. Comparable target segments (early-career and experienced professionals) and similar tuition-driven private model.
• NMIMS School of Business Management: Large private university business school offering MBA, executive, and doctoral programs across multiple campuses in India. Comparable scale, program breadth, and reliance on entrance exams (NMAT) for admissions.
• Indian School of Business (ISB): Private Indian B-school offering flagship one-year MBA/PGP and Executive MBA programs with AACSB and AMBA accreditation. Closely comparable as a private, premium-priced, globally accredited alternative to the IIM system with strong corporate placement.
• International Management Institute (IMI) New Delhi: Private B-school offering PGDM and executive education programs across India. Comparable private business school model targeting both early-career and executive segments.
• T.A. Pai Management Institute (TAPMI): Private Indian B-school offering two-year PGDM and executive programs. Comparable positioning as a private alternative to IIMs with strong finance and general management offerings.
• Symbiosis Institute of Business Management (SIBM Pune): Large private Indian B-school within the Symbiosis group offering MBA and executive programs. Comparable admissions model (SNAP exam), program portfolio, and placement-driven value proposition.

Broad incumbents

• IIM Lucknow: One of India's flagship public IIMs offering flagship PGP, executive, and doctoral programs. Comparable program mix but with stronger brand gravity, lower fees, and a much larger alumni base — a primary competitive incumbent.

Emerging players

• Great Learning: India-focused edtech and executive education platform offering data science, analytics, and management programs in partnership with top Indian B-schools. Comparable as an emerging player in professional/management upskilling and a corporate training partner of Great Lakes faculty.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/greatlakesggn
• LinkedInlinkedin.com/company/great-lakes-institute-of-management-20477

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Great Lakes Institute of Management