Great Lakes Institute of Management in Chennai was founded in 2004 by Dr. Bala V Balachandran with a vision to provide quality, affordable management education. It has a 27-acre LEED Platinum rated green campus with air-conditioned residential accommodation and an extensive library. The institute offers 1-year and 2-year full-time management programs with an annual intake of 360 students. Admissions are based on standardized test scores and interviews. Great Lakes is accredited by AICTE and ranked among the top B-schools in India by various publications. It boasts high placement rates with the highest domestic package of Rs. 26.72 lakhs and international of $65,000.