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Goa Institute of Management (GIM), Goa - MBA Colleges in Goa
Latest Updates and News from Goa Institute of Management (GIM)
The CAT 2024 exam is scheduled for November 24, 2024, with registration already closed. Candidates can download their admit cards from November 5, 2024, via the official website, iimcat.ac.in.
Registration for XAT 2025 is now open at xatonline.in for MBA/PGDM admissions. The final date to register for XAT 2025 is November 30, 2024. With the addition of 34 new exam cities, candidates who have already submitted their applications can make edits and select new exam cities between September 28 and September 29. The exam will take place on January 5, 2025.
The Goa Institute of Management (GIM Goa) is a renowned business school, particularly recognized for its flagship PGDM program. It is often regarded as an excellent alternative to MBA programs for candidates seeking options that are less competitive than IIMs and other top-tier MBA institutions while still offering comparable returns. GIM Goa is ranked 37th in the NIRF 2024. Admissions are conducted through CAT, XAT, and GMAT, with a significant majority of students gaining entry via the CAT, making it the preferred exam. The PGDM fee at GIM Goa is INR 20.40 Lakhs for a two-year program, and the average package for graduates is INR 15.6 LPA.
GIM Goa Highlights
The essential details of GIM Goa are summarised in the table below:
| Particulars | Statistics |
|---|---|
| Established Year | 1993 |
| Campus Size | 55 acres |
| PGDM Fees | INR 20.40 lakhs |
| PGDM Intake | 300 |
| NIRF Ranking 2024 | 37 |
| Number of Courses | 7 |
| Number of Faculty | 75+ |
| Total Scholarships | 80 |
| Highest Package | INR 29 LPA |
| Total Recruiters | ABInBev, Johnson & Johnson, Axis Bank, Tech Mahindra, ICICI Bank, Asian Paints, Capgemini, Gartner, etc. |
Goa Institute of Management Goa Ranking 2024
GIM is ranked 37th in the management category by NIRF 2024 and 13th among priv
Goa Institute of Management (GIM), Goa - MBA Colleges in Goa
Latest Updates and News from Goa Institute of Management (GIM)
The CAT 2024 exam is scheduled for November 24, 2024, with registration already closed. Candidates can download their admit cards from November 5, 2024, via the official website, iimcat.ac.in.
Registration for XAT 2025 is now open at xatonline.in for MBA/PGDM admissions. The final date to register for XAT 2025 is November 30, 2024. With the addition of 34 new exam cities, candidates who have already submitted their applications can make edits and select new exam cities between September 28 and September 29. The exam will take place on January 5, 2025.
The Goa Institute of Management (GIM Goa) is a renowned business school, particularly recognized for its flagship PGDM program. It is often regarded as an excellent alternative to MBA programs for candidates seeking options that are less competitive than IIMs and other top-tier MBA institutions while still offering comparable returns. GIM Goa is ranked 37th in the NIRF 2024. Admissions are conducted through CAT, XAT, and GMAT, with a significant majority of students gaining entry via the CAT, making it the preferred exam. The PGDM fee at GIM Goa is INR 20.40 Lakhs for a two-year program, and the average package for graduates is INR 15.6 LPA.
GIM Goa Highlights
The essential details of GIM Goa are summarised in the table below:
| Particulars | Statistics |
|---|---|
| Established Year | 1993 |
| Campus Size | 55 acres |
| PGDM Fees | INR 20.40 lakhs |
| PGDM Intake | 300 |
| NIRF Ranking 2024 | 37 |
| Number of Courses | 7 |
| Number of Faculty | 75+ |
| Total Scholarships | 80 |
| Highest Package | INR 29 LPA |
| Total Recruiters | ABInBev, Johnson & Johnson, Axis Bank, Tech Mahindra, ICICI Bank, Asian Paints, Capgemini, Gartner, etc. |
Goa Institute of Management Goa Ranking 2024
GIM is ranked 37th in the management category by NIRF 2024 and 13th among private colleges according to the IIRF Ranking 2024. The details of GIM's rankings are as follows:
| Ranking Bodies | Year | Category |
|---|---|---|
| National Institutional Ranking Framework (NIRF) | 2024 | 37th in Management |
| Indian Institutional Ranking Framework (IIRF) | 2024 | 13th among Private Colleges |
| Business Today (BT) - MDRA | 2023 | 27th among Top B-Schools |
Goa Institute of Management Courses
GIM Goa MBA fees structure is essential for prospective students. The cost of GIM’s flagship PGDM program is INR 20.40 Lakhs. Additionally, GIM provides specialised PGDM programs, an Online PGDM, and a Doctoral Program. Here are key features of the courses available at GIM with Goa Institute of Management MBA fees details.
Here is the academic fee installment schedules and key details of various programs offered by Goa Institute of Management (GIM) for the batch 2025-27:
| Program | Key Features | Student Intake | Academic Fee Installment Schedule | Total Academic Fee |
|---|---|---|---|---|
| PGDM (Post Graduate Diploma in Management) | The PGDM curriculum, spread over 6 terms, is a blend of theory and practice, focusing on building essential concepts, skills, and competencies for career growth. The curriculum is regularly updated in consultation with industry and academic experts. | 300 |
Inst. 1a (March - June 2025) - ₹50,000 Inst. 1b (March - June 2025) - ₹4,60,000 Inst. 2 (October 2025) - ₹5,10,000 Inst. 3 (June 2026) - ₹10,20,000 |
₹20,40,000 |
| PGDM (Health Care Management - HCM) | The HCM program combines management and healthcare functions to meet industry needs, providing application-based management training. | 60 |
Inst. 1a (March - June 2025) - ₹50,000 Inst. 1b (March - June 2025) - ₹4,60,000 Inst. 2 (October 2025) - ₹5,10,000 Inst. 3 (June 2026) - ₹10,20,000 |
₹20,40,000 |
| PGDM (Big Data Analytics - BDA) | The BDA program focuses on hands-on training in data management, machine learning, AI, and related tools. Students work on real industry projects while learning statistical theory and business intelligence systems. | 180 |
Inst. 1a (March - June 2025) - ₹50,000 Inst. 1b (March - June 2025) - ₹4,60,000 Inst. 2 (October 2025) - ₹5,10,000 Inst. 3 (June 2026) - ₹10,20,000 |
₹20,40,000 |
| PGDM (Banking, Insurance & Financial Services - BIFS) | The BIFS program emphasizes practical learning with a focus on the banking, insurance, and financial sectors. It involves industry-driven content, internships, and close engagement with industry partners. | 120 |
Inst. 1a (March - June 2025) - ₹50,000 Inst. 1b (March - June 2025) - ₹4,60,000 Inst. 2 (October 2025) - ₹5,10,000 Inst. 3 (June 2026) - ₹10,20,000 |
₹20,40,000 |
| IDA (International Double Degree in Analytics) | A double-degree program in analytics, with the first year at GIM and the second year at Nova School of Business and Economics, Portugal. It develops data-driven leadership, technical knowledge, and business intelligence for high-potential graduates. | 30 |
The first year fees is to be paid to GIM, the second year is to be paid to Nova SBE; following each school's regular payment deadlines. Fees payable at GIM - ₹14,97,000 Fees payable at Nova SBE - ₹10,000 |
₹15,07,000 (approx.) |
Subject to change for 2025-27 batch
Caution Deposit
First year students are alloted double occupancy rooms. 2nd year students are allotted single occupancy rooms.
Refundable Caution Deposit - ₹25,000
The Caution Deposit will be refunded to the student after he/she has left the Institute, and on verification that no dues are standing against his/her name.
An amount of Rs.5000/- (Rupees five thousand only) will be deducted from the refundable caution deposit on graduation and credited as membership fee to the GIM Alumni Association.
Fees once paid are not refundable in the case of students discontinuing the programme.
Steps to follow
- Register Yourself
- Verify OTP
- Fill Out the Application Form Online
- Upload Required Documents
- Pay Registration Fee
Application Process
Application Process
The online application is for admission to the programs offered by the Goa Institute of Management (GIM). Admission is based strictly on merit, with no donations, reservations, or management quotas involved.
Please note the following important details:
- Application fees are non-refundable under any circumstances.
- The email ID provided during registration will be used for all communication until the enrolment process is complete. Changes to the email ID will NOT be allowed.
- For quick responses, applicants are encouraged to use the GIM Ticketing System available on the dashboard, instead of email.
Steps to Apply:
- Register and verify your email ID.
- Click on the "[Any Queries? Ask Us]" option in your dashboard.
- Select the appropriate query category and submit your query.
Eligibility
- Minimum 50% aggregate in Bachelor's Degree
- Candidates who will complete all requirements for the degree by June, 2025 may also apply. Candidates in the last year of degree should have obtained minimum 50% aggregate (45% for SC/ST category) in the latest examination.
- GMAT taken between 01 January 2023 to 15 January 2025 (Including, GMAT Focus Edition. Details here: https://mba.com/gmatfocus. Ask GMAC to send the score by 31 January 2025. The GMAT code for GIM is 6VN-62-51.
- For IDA - International Double Degree Programme in Analytics
- Statement of Purpose is to be submitted.
- Candidate must appear for at least one of the following English Proficiency Exams. with scores to be submitted by 31st January 2025 and must attain the scores mentioned:
- TOEFL iBT - Minimum score: 100
- IELTS - Minimum score: 7.0
- Cambridge English Proficiency exam (CPE) - Minimum grade: C
- Cambridge English Advanced exam (CAE) - Minimum grade: B
- Cambridge English Business Certificates (BEC) - Minimum grade: B
- The candidates will have to appear for the GIM Analytics Aptitude Test (GAAT-To be held on 2nd February 2025) for PGDM (BDA) and the IDA programmes.
- Shortlisted candidates will have to undergo an online Written Aptitude Test (WAT). The date shall be announced in due course.
| Deadline | One programme | Two programme | Three programme | Four programme | |
|---|---|---|---|---|---|
| First Mover | 24th Oct 2024 | 1750 | 2000 | 2250 | 2750 |
| Early Bird | 28th Nov 2024 | 2000 | 2250 | 2500 | 3000 |
| Achiever Round Deadline | 05th Dec 2024 | 2500 | 3000 | 3500 | 4000 |
| CAT Deadline | 23rd Dec 2024 | 2500 | 3000 | 3500 | 4000 |
| Last Date | 02nd Jan 2025 | 2500 | 3000 | 3500 | 4000 |
GIM Goa Admission 2025
Admissions to GIM Goa are based on CAT, XAT, and GMAT scores, followed by an interview.
The admission process is detailed in the table below:
| Admission Stage | Description |
|---|---|
| Online Application | Interested candidates who meet the eligibility criteria can apply by completing the online application form. |
| Shortlisting | Candidates are shortlisted based on their CAT, XAT, or GMAT scores. Academic toppers from selected institutes may be invited directly for the Achiever’s Round interview without considering test scores. |
| Interview through Achiever’s Round or Regular Round | Selected candidates are invited for the Achiever’s Round, while others are called for the Regular Round interview. |
| Merit-list | Candidates who clear the Achiever’s Round receive a spot offer, and a merit list is released for those who clear the Regular interview round. |
| Admission Offer | Admission offers are sent to all candidates who successfully clear either the Achiever’s Round or the Regular Round. |
Programs Offered
GIM offers various postgraduate programs in management, making it one of the top MBA colleges in Goa:
-
Post Graduate Diploma in Management (PGDM): GIM's flagship program that offers specialisations in areas such as Finance, Marketing, Operations, and Human Resources.
-
Post Graduate Diploma in Healthcare Management (PGDM-HCM): A specialised program focusing on healthcare management, preparing students for leadership roles in the healthcare sector.
-
Post Graduate Diploma in Big Data Analytics (PGDM-BDA): An innovative program designed to equip students with the skills to analyse and interpret big data for business insights.
-
Post Graduate Diploma in Banking, Insurance & Financial Services (PGDM-BIFS): The PGDM (BIFS) program caters to individuals keen on exploring diverse industries and domains, offering financial solutions that benefit businesses. It's an ideal fit for those seeking a rigorous, international business program with experiential learning, shaping future leaders and industry disruptors. Graduates typically pursue careers as financial analysts, business analysts, audit managers, or branch managers.
GIM Goa Cut-off 2024
The cut-off for CAT at GIM Goa in 2024 stands at the 90th percentile. Further details regarding the cut-off scores for other exams can be found in the table below:
| Exams | Cut-off 2024 |
|---|---|
| CAT | 90 |
| XAT | 85 |
| GMAT Classic | 620 |
| GMAT Focus | 575 |
Goa Institute of Management Placements 2024
Placements at GIM Goa typically take place in December. Top recruiters include companies such as Accenture, Deloitte, Infosys, Cognizant, Western Digital, and Philips. According to the 2024 placement report, the highest package offered at the Goa Institute of Management was INR 29 LPA. The table below highlights the course-wise placement statistics for GIM Goa in 2024:
| Course | Highest Package | Average Package |
|---|---|---|
| PGDM | INR 26.3 LPA | INR 14.81 LPA |
| PGDM - BDA | INR 22.5 LPA | INR 15.6 LPA |
| PGDM - HCM | INR 29 LPA | INR 14.25 LPA |
| PGDM - BIFS | INR 22.3 LPA | INR 15.4 LPA |
Goa Institute of Management (GIM) Scholarship Schemes:
GIM provides scholarships to meritorious students. The details of scholarships are as follows:
| Course | Type of Scholarship | Eligibility | Student Size | Amount |
|---|---|---|---|---|
| PGDM (Full-Time) | Academic Competence and Excellence Scholarship Scheme (ACCESS) |
ACCESS Award Who's eligible:
What you get:
|
45 | INR 5,00,000 |
| PGDM in HCM | GIM - MBBS Scholarship (GMS) |
Who's eligible:
What you get:
|
7 | INR 5,00,000 |
| PGDM in BDA | Academic Competence and Excellence Scholarship Scheme (ACCESS) |
ACCESS Award Who's eligible:
What you get:
|
21 | INR 5,00,000 |
| PGDM in BIFS | Academic Competence and Excellence Scholarship Scheme (ACCESS) |
ACCESS Scholarship Who's eligible:
What you get:
|
7 | INR 5,00,000 |
Terms and Conditions:
- GIM will invite applications for scholarships from identified meritorious candidates. Only those students who secure admission in the PGDM course through the Achiever's Round are eligible to apply for the scholarship.
- GIM offers scholarships worth five lakh rupees each to a maximum of forty-five students.
- The scholarship is distributed in two installments: 50% in the first year and the remaining 50% in the second year. The second installment is contingent upon maintaining a CGPA of 5.6 or above, along with satisfactory conduct. If the recipient's performance or behavior fails to meet the required standards, the second installment will not be released.
- A student can only receive one financial benefit. Therefore, if a student awarded the Tuition Fee Waiver (TFW) is also a recipient of the ACCESS scholarship, the ACCESS scholarship will be withdrawn.
- GIM reserves the right to offer and implement the scholarship. All decisions made by the Director of GIM are final.
Campus and Facilities
The campus features nine hostels: two are co-ed, three are exclusively for girls, and four are exclusively for boys. The co-ed hostels are particularly popular. Girls can visit the boys' hostels at any time, and each hostel has common rooms for group assignments, committee meetings, or watching important matches. The mess food is decent, which is convenient since going out frequently isn't practical, and the taste grows on you over time. Only one hostel is air-conditioned, and it is more expensive; the rest are non-A/C. First-year students typically share double rooms, while second-year students have single rooms. This arrangement encourages socialisation and teaches valuable lessons about sharing and adjusting to living with others. Due to the rigorous schedule of classes and assignments, students often spend minimal time in their hostels, mostly just for sleeping or studying. GIM is active 24/7 with continuous activities, whether it's assignments, presentation preparations, or casual conversations in the common rooms. The hostel life at GIM fosters strong bonds, as students share not only their living space but also experiences such as parties, assignments, study groups, gossip sessions, and game nights, creating lasting friendships.
As one of the leading MBA colleges in Goa, GIM's campus provides state-of-the-art infrastructure, including modern classrooms, well-equipped computer labs, a well-stocked library, and recreational facilities. The campus is set against the scenic backdrop of Goa, offering an ideal environment for learning and personal growth.
The GIM library houses over 24,800 management and related books. Additionally, it offers access to 50,000 online journals and maintains 103 hard copies of global management journals. GIM students have 24/7 access to the library.
Goa Institute of Management Alumni
| Name | Designation | Company |
|---|---|---|
| Savio D’ Souza | Head - HR | Elara Capital |
| Sameer Mehra (1995-97) | Vice President & Head of Revenue | Global Hospitality Investment Group |
| Sandeep Mishra (1995-97) | CHRO | Prodapt |
| Virendra Acharya (1993-95) | Head - Treasury | VIMSON - Shivanand Salgaocar Group |
Overall, as one of the prominent MBA colleges in Goa, Goa Institute of Management offers a comprehensive learning experience, industry exposure, and a nurturing environment for students to develop into competent and ethical business leaders.
Goa Institute of Management FAQs
Q: How can I apply for scholarships?
A: You can find more information about scholarships on the Fees and Financial Aid page here.
Q: What are First Mover and Early Bird options?
A: GIM offers a reduced application fee for early applicants, while the fee increases as the final deadline approaches. By applying early, you could pay about half of what you would if you waited until the last day.
Q: What is GAAT?
A: GAAT stands for the GIM Analytics Aptitude Test. This exam, conducted by GIM, evaluates a student's skills in areas such as Linear Equations, Calculus, Matrices, Progressions, and Abstract Reasoning. The 55-minute test is composed of multiple-choice questions and is administered online. There are no strict sections, and each wrong answer results in a negative mark. GAAT will be conducted on February 2, 2025.
Q: What is the Achiever’s Round?
A: The Achiever's Round is a profile-based selection process that shortlists candidates based on their achievements in areas such as academics, sports, co-curricular activities, and professional experience. This round is only applicable to the PGDM program (based on first preference). Candidates are shortlisted without CAT/XAT/GMAT scores, which are considered later. Select candidates may receive a spot admission offer, while others will be considered along with regular applicants. Achiever's Round interviews will take place in Goa and Delhi.
Q: What counts as an achievement for the Achiever’s Round?
A: Achievements could include academic excellence, sports, co-curricular activities, or professional accomplishments. Examples include being a star performer at work, national-level sports achievements, top academic rankings, or other notable accomplishments. The following examples are indicative but not exhaustive:
- Star performer in a recent appraisal
- National hockey player
- University degree course rank holder
- School topper in 12th grade
- District-level volleyball player
- Employee of the year
Q: Which programs are eligible for the Achiever’s Round?
A: The Achiever's Round is applicable to all programs based on the first preference of the candidate.
Q: What is the International Double Degree in Analytics (IDA) program?
A: The International Double Degree in Analytics (IDA) is a full-time residential program. Graduates earn a PGDM (BDA) from GIM and an M.Sc. in Business Analytics from Nova School of Business and Economics, Portugal. The first year is completed at GIM, and the second year at Nova School of Business and Economics in Portugal.
Q: Which English proficiency tests are required for the IDA program at GIM?
A: Applicants must take at least one of the following exams:
- TOEFL iBT (minimum score: 100)
- IELTS (minimum score: 7.0)
- Cambridge English Proficiency Exam (CPE) (minimum grade: C)
- Cambridge English Advanced Exam (CAE) (minimum grade: B)
- Cambridge English Business Certificates (BEC) (minimum grade: B)
Q: Is placement assistance available for the IDA program?
A: Yes, career support services will be provided by NOVA School of Business and Economics, Portugal.
Q: GIM Goa partners with which international universities?
A: The institute is partners with various universities like:
- University of Antwerp, Belgium
- Católica-Lisbon School of Business and Economics, Portugal
- Kansas University, United States
- Warsaw University of Technology Business School, Poland
- Lappeenranta University of Technology, Finland
Q: What are the MBA fees at GIM Goa?
A: The MBA fees at GIM Goa have been increased to INR 20.40 lakhs from INR 19.40 lakhs last year.
Q: How are the lab facilities at GIM Goa?
A: Goa Institute of Management has leveled up its infrastructure for Labs. The students can avail the latest in the world of business, research and technology as they gain applied knowledge by using the information and analytics embedded in the Bloomberg and Thomson Reuters Database. “Bloomberg terminals” is the world’s leading platform featuring real-time data and analytics on global markets and industries, leading news coverage, proprietary research, and providing access to a global network of financial professionals.
- Finance Lab provides access to global real-time financial resources like Bloomberg, Thomson Reuters and also to vast research databases; with the intention of helping researchers build innovative financial models and create unique financial products.
- Behavioral Lab is equipped with skin conductance and eye-tracking technology intended for advanced academic research in the management fields of Marketing, Organisational Behaviour and HRM, the lab provides a controlled environment for data collection for behavioral research.
- Data Science Lab provides access to Big Data tools such as Microsoft Azure, SAS, Tableau, Power BI, etc. to attempt data modelling on actual data sets.
Q. How many faculty members are teaching at GIM Goa?
A: There are a total of 76 faculty members teaching in 07 different departments. Around 50 faculty members are permanent while the remaining 26 are visiting faculty members.
Q: Are there any sports facilities offered at GIM Goa?
A: Yes, sports facilities at GIM Goa include a swimming pool, tennis courts with polymer surfaces, indoor badminton courts, and a gymnasium. Along with a football field of Olympic size.
Q: Who can opt for a PGDM part-time course at GIM Goa?
A: Those applicants who are working executives with a certain level of work experience can opt for a PGDM part-time course. This course’s classes are held during weekends only.
Q: Are FPM candidates offered financial aid at GIM Goa?
A: Yes, FPM candidates are offered financial support of INR 40,000 per month as a stipend with free accommodation.
Q: Is it mandatory to stay in a hostel to pursue courses at GIM Goa?
A: Yes, GIM offers both PGDM courses on a full-time and residential basis. Students are required to stay in the hostel. Students get a discount on registration if they register for a hostel as early as possible.
Q: Are there any reservations for Goan candidates at GIM Goa?
A: GIM doesn't have any reservations for Goan candidates. But for final selections, group discussion, personal interview the qualifying cut-off score will be inclined by 15 points for the Goan candidates.
Q: Is GIM Goa autonomous?
A: Yes, GIM is an autonomous B-School that offers a full-time MBA (PGDM) program, full-time MBA (PGDM) Healthcare Management, Programme (HCM), PGDM in Big Data Analytics, in Banking, Insurance & Financial Services executive MBA.
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