Yes. Great Lakes offers scholarships to eligible PGPM candidates.
Scholarships can be awarded based on factors such as:
The availability, amount and eligibility criteria can vary by admission cycle and scholarship category.
21. Is the Great Lakes PGPM equivalent to an MBA?
The PGPM is a postgraduate management programme, but it should not automatically be described as an MBA degree.
For website content, it is more accurate to refer to it as the Great Lakes Institute of Management PGPM rather than calling it an MBA.
22. Is Great Lakes Chennai PGPM suitable for freshers?
The PGPM is primarily designed for working professionals with at least two years of full-time work experience.
Fresh graduates or candidates without the required work experience should consider the institute's other management programmes that are designed for candidates at an earlier stage of their careers.
23. Is Great Lakes Chennai PGPM worth it in 2026?
The Great Lakes Chennai PGPM can be a strong option for experienced professionals who want an intensive one-year residential management education.
Key advantages include:
One-year full-time programme
Residential campus
Designed for 2+ years of work experience
CAT, XAT, GMAT and NMAT accepted
Experiential learning
Case-based education
Business Analytics exposure
Leadership development
Industry interaction
Strong peer-learning environment
Career transition and acceleration opportunities
However, with a published total fee of approximately ₹23.50 lakh, candidates should evaluate the programme against their current salary, career goals, expected post-PGPM role and return on investment.
24. Who should choose Great Lakes Chennai PGPM 2026?
The programme is particularly suitable for professionals who:
Have 2+ years of work experience
Want to accelerate their career
Want to move into management roles
Are considering a functional career transition
Want exposure to strategy and analytics
Prefer a one-year residential programme
Want to build leadership and decision-making skills
Do not want to take a two-year career break
25. What makes Great Lakes Chennai PGPM different from a two-year MBA?
The biggest difference is programme duration and target audience.
The Great Lakes PGPM is a one-year intensive programme specifically designed for experienced professionals, whereas a traditional two-year MBA is generally more suitable for students and professionals seeking a longer management education journey.