Great Lakes Institute to Establish New Campus

Great Lakes Institute to Establish New Campus

Great Lakes Institute of Management, a B-school founded by Kellogg's Bala V. Balachandran, is setting-up its own new campus on a 14-acre land about 55 kilometers away from Chennai on the east-coast road. The management school, which offers a one-year management programme, plans to invest Rs. 25 crores in infrastructure over the next two years.

S. Sriram, Executive Director, Great Lakes, told reporters in Chennai on Thursday that on completion, the new campus would have a built-up area of 1.8 lakh sq. ft., of which about 1 lakh sq. ft. will be ready in 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 the city, but has had experts from across the world - including Philip Kotler, the Marketing Guru, Finn Kydland, 2004 Winner of Nobel Prize in Economics, C. K. Prahalad, a Management Professor at University of Michigan, Raghuram Rajan, IMF Chief Economist and Deepak Chopra, a New-age Guru - to 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 the reason why it's going for the new one - which would include hostels, auditorium and buildings for its research centers. It spent Rs. 5 crores for the land from its surplus funds, and would seek donations in India and abroad for the Rs. 25 crores it needs for other infrastructure. It is in the process of finalizing an architect to build a 'green', environment friendly and energy efficient campus.

Concluded.

Contributed by -
Nitin Prabhakar (Campus Associate),
PGPM Student,
Great Lakes Institute of Management, Chennai.

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