IFMR Graduate School of Business MBA Admissions 2026
Application Deadline 15th Jan’26 | UGC Approved Programs | Near 100% Placement Record | Up to 100% Scholarships | Highest CTC 21.32 LPA
Great Lakes MBA Fees 2025: The Great Lakes Institute of Management is one of India’s leading B-schools, offering MBA-equivalent programs like PGPM and PGDM. Before applying, it is crucial to understand the Great Lakes MBA fees, available scholarships, and the return on investment (ROI) to make an informed decision. This article provides a detailed fee structure for the Great Lakes MBA programs in 2025, along with financial aid options and placement insights.
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Great Lakes offers two flagship management programs:
Post Graduate Program in Management (PGPM) - 1-year program (Chennai & Gurgaon)
Post Graduate Diploma in Management (PGDM) - 2-year program (Chennai & Gurgaon)
Program | Campus | Tuition Fees (INR) | Hostel & Other Charges (INR) | Total Fees (INR) |
PGPM | Chennai | 16,50,000 | 3,00,000 | 19,50,000 |
PGPM | Gurgaon | 16,00,000 | 2,90,000 | 18,90,000 |
PGDM | Chennai | 11,75,000 | 2,80,000 | 14,55,000 |
PGDM | Gurgaon | 11,50,000 | 2,75,000 | 14,25,000 |
Note: The fees include tuition, hostel, learning materials, and other miscellaneous charges. Taxes may be applicable.
Great Lakes provides various scholarships to deserving candidates based on merit and financial need:
Merit-Based Scholarships - Offered to high-performing students based on entrance exam scores and academic records.
Corporate Sponsored Scholarships - Available for candidates with industry sponsorships.
Need-Based Scholarships - Financial assistance for students from economically weaker backgrounds.
Candidates can check the official website for updated scholarship details and eligibility criteria.
A key concern for MBA aspirants is the ROI of Great Lakes MBA programs. Here’s a look at placement statistics:
Average Package (PGPM 2024): INR 14.50 LPA
Highest Package (PGPM 2024): INR 34.50 LPA
Average Package (PGDM 2024): INR 12.50 LPA
Top Recruiters: Deloitte, Accenture, EY, Cognizant, TCS, Amazon, HCL, Infosys
Given the competitive placement packages, Great Lakes offers a strong ROI, making it an attractive option for MBA aspirants.
Also Read- Great Lakes Chennai (GLIM) Placements 2025
For PGPM: Minimum 2 years of work experience + valid CAT/XAT/GMAT/CMAT scores.
For PGDM: Fresh graduates with valid CAT/ XAT/ GMAT/ CMAT scores.
Phase 02 Applications Window Closing on 23rd January 2026 | 100% Placements Record | Highest CTC 40.31 LPA | Average CTC 12.74 LPA | Median CTC 12.48 LPA
AICTE & UGC Approved | NBA & SAQS Accredited | Apply Now
Fees are payable in multiple installments.
Online payment options through net banking, debit/credit cards, and demand drafts are available.
Loan assistance is provided through tie-ups with banks and NBFCs.
Industry-Aligned Curriculum - Designed in consultation with global industry experts.
World-Class Faculty - Includes academicians from top international universities.
Strong Alumni Network - 10,000+ alumni in leadership roles globally.
Global Exposure - International faculty, exchange programs, and corporate partnerships.
For aspirants considering other MBA colleges, here are some useful links:
Best MBA Colleges in India
CMAT 2025 Exam Details
Top Private B-Schools in India
The Great Lakes MBA fees are competitive, considering the strong placement record and ROI. With world-class faculty, industry connections, and global exposure, it is a top choice for management aspirants in India. Before applying, ensure to explore scholarships, financial aid options, and fee payment plans to make an informed decision.
Frequently Asked Questions (FAQs)
The placement record is strong, with an average salary of INR 12.50 LPA for PGDM graduates.
Yes, the fee for PGPM Chennai is INR 19.50 lakh, while for Gurgaon, it is INR 18.90 lakh. Similarly, PGDM Chennai costs INR 14.55 lakh, while Gurgaon costs INR 14.25 lakh.
Yes, Great Lakes has tie-ups with major banks and NBFCs for education loans.
The total fees for PGDM Chennai is INR 14.55 lakh, including hostel and other charges.
The average package for PGPM 2024 was INR 14.50 LPA, and for PGDM 2024, it was INR 12.50 LPA.
Yes, Great Lakes provides merit-based, corporate-sponsored, and need-based scholarships to deserving students.
The total fee for PGPM 2025 is INR 19.50 lakh (Chennai) and INR 18.90 lakh (Gurgaon), including tuition and hostel charges.
On Question asked by student community
Hi Aspirant,
Hope you are doing great.
You have scored pretty well in CAT but still, great lakes put too much emphasis on your past academic performance. Your 10th and 12th marks are decent but the low performance in graduation can restrict your call from this college. Generally, the cut
Hii there! Hope you are doing good.
Great Lakes Institute of Management, Chennai offers diversity and merit scholarships to PGPM students to encourage diversity of perspectives and commitment to excellence.
A total of 20 diversity and merit based scholarships of worth Rs. 5 lakhs each will be awarded for PGPM
Greetings,
The Post Graduate Program in Data Science and Programming is a 5 month classroom and 9 month online course and is conducted by great lakes institute of management. The end date for this course is no where mentioned on the official website. You can get more information on the
Hello aspirant,
PGPM: The one year full time Post Graduate Program in Management (PGPM) helps transform high potential professionals into competent managers.
The PGPM is for achievers and high performers . The carefully crafted one year program is designed to develop business competencies, effective team-work and leadership skills to set
HEY THERE,
Great Lakes Institute of Management Chennai and Gurgaon is one of the MOST highly ranked and globally accepted B-schools in the country.
GIST ABOUT HOSTEL FOOD
OTHER FEATURES
Ranked among top 10 B-Schools in India by multiple publications | Top Recruiters-Google, MicKinsey, Amazon, BCG & many more.
Last Date to Apply: 10th Jan | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International
NAAC A++ Grade | MBA program graded A** (National) by CRISIL | AACSB, ACBSP and BGA Member
Assured Placements and Career Support
Phase 02 Applications Window Closing on 23rd January 2026 | 100% Placement Record | Average CTC 12.75 LPA | Highest CTC 40.31 LPA | Median CTC 12.49 LPA