Great Lakes gets 150 crores investment from Educomp; partnesrship plans include a business education-oriented university in Odisha
Following is an excerpt from a report in Pagalguy.com.
… Great Lakes Institute of Management, Chennai on May 6 announced its own plans to expand operations to Gurgaon and Orissa in addition to its earlier takeover of Mumbai Business School.
… The Great Lakes-Educomp partnership will also build a business education-oriented university in Orissa, tentatively named ‘University of Corporate Excellence’. Once the university kicks off, Great Lakes would have had spread its presence in all four corners of the country, says Prof Balachandran. While Great Lakes – Chennai has built a strength around marketing, IEMR will focus on the energy sector and MBS on emerging markets.
Educomp’s Rs 150 crore investment is part cash and part infrastructure and technology, such as its e-learning platform which will be powered using Great Lakes content to offer distance learning.
1 comment May 17th, 2011