Great Lakes Institute of Management conducts panel discussion
The Great Lakes Institute of Management, Gurgaon, organized a Panel Discussion on the issue of ‘Fall of Crude Oil prices and its impact on Global Economy, on March 17 at its campus.
The guests of the panel for the event were industry experts such as- Ms. Vandana Hari - Editorial Director Asia, Platts, Singapore, Mr. Pradeep Chhabra - Head North Zone, Essar Oil, Mr. Alok Sud - Vice President, Marketing (Retail), Reliance Industries Ltd, Mr. Ravishankar Sundaresan, Energy Consultant, Dr. Bobby Srinivasan, Professor of Finance and Trading, Great Lakes Institute of Management, Chennai and Dr. V.P. Singh, Director, PGPM (Energy), Great Lakes Institute of Management, Gurgaon. Dr. Singh was the moderator of the panel and began the discussion on the topic.
The session began with each panelists pointing out the factors responsible for the situation. The panel strongly felt that most of previous such phenomena- steep hikes followed by sudden slump- have been largely due to external factors such as geo-politics or macroeconomics. But the factor in the present case is ‘over supply’.
The panel further discussed upon matters like, Impact on Oil producing countries and there development plans. Issues such as Threats from ISIS, Russian aggression in Ukraine, different opinions between OPEC members were also discussed. The panel largely elaborated on the points on ‘How China is looking at the falling crude oil price and its impact on future of shale gas and shale oil and the impact on banking industry’.
Ms. Vandana Hari - Editorial Director Asia, Platts, Singapore, said, “Slow down in China has a huge impact on oil consumption. China has been consuming around 10mbpd and in case its economic growth rates declines by even 1%, it leads to a large shrink in demand for oil. In comparison, India consumes a little less than 4 mbpd.”
Speaking about the crude oil prices, Mr. Alok Sud - Vice President, Marketing (Retail), Reliance Industries Ltd, said, “the price cannot remain at such low levels for long as huge amount of money is invested and banking sectors sustenance can be at risk. Moreover, emerging rebel groups across middle-east may create supply disruption at any point of time. The crude oil price will look north probably in the time span of 1 to 1 and the Â½ years”.
Saudi Arabia, the swing producers has not cut production claiming to protect its market share. But, can it protect the market share by simply over production-given the demand elasticity of its customers. Could there be other motivations?” added, Dr. V P Singh, Director PGPM (Energy), Great Lakes Gurgaon.
The discussion concluded on a note that this situation should be taken as a window of opportunity to bring necessary subsidy reforms.
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Questions related to Great Lakes Institute of Management, Gurgaon
How is Great Lakes institute of management Gurgaon for PGDM in terms of placements?
Great Lakes institute of management Gurgaon offers a decent return on investment that is it has offers decent placement opportunities to its students who are passing out from their PGDM programs, be it in terms of Summer placement/internships or final placements. The highest offer stand at 14.55 Lakhs per annum with the average ranging from 6-7 lakhs per annum.
Hope it helps,
what will be the cut off for great lakes gurgaon CMAT??
Great Lakes PGPM Admission: Difference between Cycle-1 & Cycle-2 Application
The Cycle-1 and Cycle-2 of application process is distinguished based on the scores with which you are applying. If a candidate has last year exam score, for example for admission 2020, if you have scores of CAT 2018, XAT 2019, CMAT 2019 and GMAT (taken after 1st Jan 2017), you must apply in cycle-1.
But, if you have appeared in CAT 2019, XAT 2020 and GMAT (taken after 1st Dec. 2019), you need to apply in Cycle 2.
While in terms of the selection process, there is no preference given to applicants in any cycle and there is similar probability of getting selected, the applicants submitting application in Cycle 1 get some extra time to plan their finances, personal commitments and exit from companies better as they get an admission offer by end of December.
|Entrance Exam||1 Year PGPM Expected cut off||2 Years PGDM Expected Cut off|
|GMAT **(Taken after Jan 2017 for PGPM and after Jan 2018 for PGDM)||600||600|
|CMAT 2019 for PGPM and CMAT 2019/2020 for PGDM||85||85|
hope this information was useful to you../
all the best
What is cut off of great lakes Gurgaon for general ??
Candidates are evaluated based on GMAT/CAT/XAT/CMAT scores, past academic performance, essays, work experience (if any) and performance in the personal interview. The selection process builds in a criterion that facilitates evaluating each applicant on Academic Abilities, Standardized Test Scores, Rank Holders, Integrity & Ethical Values and Diversity of Background. At Great Lakes, we do not have fixed cut-offs, we try to evaluate candidates in a holistic manner. We consider the complete profile, so while the test scores are important, we emphasize more on selecting well-rounded candidates with a strong overall track record.
Which one should I choose: Great Lakes Institute of Management, Gurgaon or Welingkar, Mumbai?
- PGDM in Great Lakes Institute of Management, Gurgaon has lower fees
- But Welingkar has 14 rank while rank of great lakes is unknown
- Welingkar has 180 seats while gurgaon has only 60 seats.
You can see more comparison between the two colleges in the link given below:
You can comment your further queries in the comment section below.
Which is a better option- IMT Nagpur PGDM or GLIM Gurgaon PGPM?
BOth college are new and backed by two well known brand i.e. IMT & GLIM.You should choose on factors such as placements,faculty,fee,batch size, alumni network and recognization.
GLIM :(It is a 1 year program and requires 2 yrs experience)
Fee : 14,84,000 lac(including hostel,mess and etc)
Placement: Avg 11.14 lac ctc Highest !8 lac ctc
Batch size : 60 seats
IMT Nagpur : (2 years course freshers can also apply)
Fee : 12,10,000 (Including hostel mess and etc)
Placements : Avg 7.5 lac Highest 12.5 lac
Batch Size : 250 to 300 seats
As we consider above statistics I will suggest you to take GLIM Gurgoan PGPM as batch size is small,Return on investment is high.If batch size is too big then it become difficult to place all students on zer placement day.So choose wisely considering above facts.
Hope I cleared your doubt.All the best for future endeavor