Chicago Booth School, India’s Great Lakes to jointly offer customised programs

L&T becomes the first client for the Great Lakes and Chicago Booth partnership

Chennai, 17 August 2021:

Great Lakes Institute of Management in Chennai announced a partnership with The University of Chicago Booth School of Business – a globally renowned business school – to provide custom executive education programs that offer leadership, strategy, management, and finance frameworks to take participants and their organization to the next level.

The partnership will design and deliver “Project Ascent,” a high-impact next-generation custom-blended leadership program for senior leaders of L&T. Providing crucial key competencies, this program is scheduled to commence in October 2021. The program serves to support L&T’s initiatives in developing a ‘future ready’ pipeline of senior leaders who will play an important role in L&T’s future growth.

“We are thrilled to be partnering with Chicago Booth in providing a unique learning and development program through ‘Project Ascent.’ We believe this opportunity will have the caliber to transform the participants' perception of several management subjects and strengthen their confidence to handle complex situations in their day-to-day functioning. We are confident that L&T participants will gain immense value out of the association to absorb and reinforce key competencies,” said Dr. Suresh Ramanathan, Dean, Great Lakes Institute of Management, Chennai.

The program has been co-created by the partners and L&T in assembling a contemporary curriculum intended to deepen the business, behavioral and leadership competencies of L&T senior managers. This 9-month blended program will combine the academic rigor with ‘industry relevance’ and will be delivered in convenient sessions that will help the participants to access the program content in smaller portions, enabling them to retain interest and achieve learning throughout the duration.

“Chicago Booth is excited to collaborate with Great Lakes Institute of Management in the development and launch of the executive education program. Our combined expertise and industry knowledge provides clients with world-class learning and curriculum that could position them as high-impact leaders,” said Mark Lewis, Executive Director of Chicago Booth Executive Education.

About the University of Chicago Booth School of Business:

The University of Chicago Booth School of Business is the second-oldest business school in the United States and the first to teach executives. As an intellectual destination, Chicago Booth draws scholars and students from around the world to its global campuses in Chicago, London, and Hong Kong. Booth consistently ranks among the top business schools in the world, and its graduates include dozens of notable business leaders across the US and worldwide. Nine faculty members have been named Nobel Prize winners, three of whom currently teach at Booth.

Booth Executive Education offers world-class in-person and live-online education across finance, leadership, strategy, marketing, and comprehensive management, and designs custom programs tailored to meet an organization’s unique challenges. Programs are taught by the same faculty who teach in Booth’s MBA degree program, as well as leaders in industry. The Booth Executive Education network represents over 27,000 executives across 130 countries.

About Great Lakes:

Great Lakes Institute of Management, Chennai founded in 2004 by Padma Shri Awardee Dr. Bala V Balachandran is one of the premier B-schools in India. Great Lakes has, within a short span of 17 years, emerged as a top-ranked business school. Great Lakes has 50+ full time faculty and 150+ visiting faculty including over 25+ international faculty from top global schools like Yale, Kellogg, Stanford, and Harvard. Further collaborations with world’s leading institutions like University of Houston, University of Bordeaux, Hong Kong University of Science & Technology (HKUST), University of Missouri, Kansas, Illinois Institute of Technology, Chicago and Babson College etc., have helped Great Lakes in globally benchmarking its programs.

Great Lakes, Chennai, was accredited by Association of MBAs (AMBA), UK in 2014 and became the youngest B-school in India to receive this prestigious international accreditation. In 2015, Great Lakes, Chennai also received international SAQS accreditation and in 2017, its two-year PGDM program was accredited by National Board of Accreditation (NBA). For the years 2018 -2019, Great Lakes was ranked No.1 in India by Analytics India for its Analytics program. Great Lakes, Chennai was ranked 5th by Outlook India among top private MBA institutions, 9th by Business India, 15th by Business Today and 18th by NIRF among top 10 Indian B-Schools. It was also placed in Super League 2 category by Business Standard in the year 2019.

Led by exceptional academic faculty, steered by an outstanding advisory council, and buoyed by international collaborations, Great Lakes has been constantly innovating to stay ahead of the needs of our businesses and community. It is the first B-school in India to offer full time specialization in Analytics and first to introduce AI and Machine Learning specialization.

Great Lakes has a 30-acre LEED Platinum rated green campus in Chennai and a second campus in Delhi-NCR. In the year 2019, Great Lakes Gurgaon campus received the prestigious AMBA accreditation and was also ranked among the top 5 emerging business schools by the National HRD Network (NHRDN) for the year 2018-2019. Great Lakes Gurgaon was also ranked 13th by Business World for its one-year program in the year 2019.

Great Lakes offers One Year full time MBA (PGPM) for experienced professionals, Two-year MBA (PGDM), Part Time Executive MBA for senior managers, and Weekend Executive MBA Program. Great Lakes alumni currently numbering 9800+, work at world renowned organizations both in India and overseas across 33 countries.

Media Coverage:

1. LiveMint
2. The Hindu Business Line
3. BW Businessworld
4. The New Indian Express EDEX
5. Higher Education Digest
6. Higher Education Review