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Friday, February 02, 2007
GLIM to set up 14-acre campus
CHENNAI: Great Lakes Institute of Management (GLIM), a B-school founded by Kellogg's Bala V Balachandran, is setting up its own campus on a 14-acre land about 55 km away from Chennai on the east coast road. The management school, which offers a one-year management programme, plans to invest Rs 25 crore in infrastructure over the next two years.
S Sriram, executive director, GLIM, said in Chennai on Thursday that upon completion, the new campus would have a built-up area of 1.8 lakh sq ft, of which about 1 lakh sq ft would be ready within a year. "We will move to our own campus for the batch starting April 2008," he said. The B-school presently operates from a 15,000-sq ft rented building in Chennai, but has had experts from across the world, including marketing guru Philip Kotler, winner of the Nobel Prize in Economics 2004 Finn Kydland, University of Michigan management professor C K Prahalad, IMF chief economist Raghuram Rajan, and new age spiritual guru Deepak Chopra, speak to its students. Some of these sessions had to be conducted outside the campus. Mr Sriram said its present campus was a little cramped. This is why it was going for the new one. The new campus will include hostels, auditorium and buildings for its research centres. The B-school spent Rs 5 crore for the land from its surplus funds, and will seek donations in India and abroad for the Rs 25 crore it needs for other infrastructure. It is in the process of finalising an architect to build a 'green' , environment-friendly and energy-efficient campus. The Bschool is establishing chair professorships in two domains , family business and marketing, with funding from Mr Gopal Srinivasan, managing director, TVS Electronics, and Mr K B Chandrasekhar, chairman, Jamcracker. GLIM is talking to a few other institutions to establish more chairs.
GLIM is presently in its third year of operations, with the batch of 2007 having 162 students. Around 125 students passed out in 2006. Average salary (domestic ) was Rs 7.3 lakh a year, and highest salary Rs 24 lakh a year. Over 80 companies made above 150 offers last year, the B-school said.
S Sriram, executive director, GLIM, said in Chennai on Thursday that upon completion, the new campus would have a built-up area of 1.8 lakh sq ft, of which about 1 lakh sq ft would be ready within a year. "We will move to our own campus for the batch starting April 2008," he said. The B-school presently operates from a 15,000-sq ft rented building in Chennai, but has had experts from across the world, including marketing guru Philip Kotler, winner of the Nobel Prize in Economics 2004 Finn Kydland, University of Michigan management professor C K Prahalad, IMF chief economist Raghuram Rajan, and new age spiritual guru Deepak Chopra, speak to its students. Some of these sessions had to be conducted outside the campus. Mr Sriram said its present campus was a little cramped. This is why it was going for the new one. The new campus will include hostels, auditorium and buildings for its research centres. The B-school spent Rs 5 crore for the land from its surplus funds, and will seek donations in India and abroad for the Rs 25 crore it needs for other infrastructure. It is in the process of finalising an architect to build a 'green' , environment-friendly and energy-efficient campus. The Bschool is establishing chair professorships in two domains , family business and marketing, with funding from Mr Gopal Srinivasan, managing director, TVS Electronics, and Mr K B Chandrasekhar, chairman, Jamcracker. GLIM is talking to a few other institutions to establish more chairs.
GLIM is presently in its third year of operations, with the batch of 2007 having 162 students. Around 125 students passed out in 2006. Average salary (domestic ) was Rs 7.3 lakh a year, and highest salary Rs 24 lakh a year. Over 80 companies made above 150 offers last year, the B-school said.
