Goa Institute of Management (GIM), Goa

Here’s a detailed overview of the courses and fee structure at Goa Institute of Management (GIM), Goa, based on the latest available information.

🎓 Academic Programmes & Specialisations

1. PGDM — Post Graduate Diploma in Management (Full‑Time, 2 Years, Residential)

Specialisations offered:

• Core PGDM (General Management)

• Healthcare Management (HCM)

• Big Data Analytics (BDA)

• Banking, Insurance & Financial Services (BIFS)
  Intake capacity per specialization: Core ~300, HCM ~60, BDA ~120–150, BIFS ~120.

2. International Double Degree in Analytics (IDA)

• Combines PGDM‑BDA at GIM with an MSc from Nova School of Business & Economics, Portugal.

• Designed for candidates with a minimum of 30 months of relevant work experience.

• Offers global exposure and strong analytics training.

3. Hybrid / Part-Time PGDM (GOAL PGDM)

• 2‑year program for working professionals.

• Includes online learning with periodic on‑campus immersion.

• Intake approx. 120 students.

• Fees: ₹ 5.6 L for the entire course (GOAL PGDM).

4. Fellow Programme in Management (FPM)

• A 4‑year full-time doctoral-equivalent programme.

• Intake around 20 scholars.

• Offers a stipend (~₹62,000/month) and includes free accommodation & contingency grants.

💰 Fees Overview

Full‑Time PGDM Programmes (Core, BDA, HCM, BIFS)

Based on GIM’s official fee schedule for the 2025–27 batch:

Payable over four installments:

• Installment 1a (Mar–Jun 2025): ₹ 50,000

• Installment 1b (Mar–Jun 2025): ₹ 4,60,000

• Installment 2 (Oct 2025): ₹ 5,10,000

• Installment 3 (Jun 2026): ₹ 10,20,000.

➕ Additional Expenses

• Hostel Accommodation: Approximately ₹ 22,575 to ₹ 85,575 per year (depending on room type).

• Mess & Miscellaneous Costs: Estimated at ₹ 1–1.5 L for the 2-year program.
  Reddit users estimate total cost including hostel, mess, and personal expenses to be around ₹ 22–26 L.

GOAL PGDM (Hybrid Part-Time)

• Total fee: ₹ 5,60,000 for the full two-year programme.

📚 Scholarships & Fee Waivers

• Academic Competence & Excellence Scheme (ACCESS): Scholarships of ₹ 5 L each for selected students across PGDM streams (Core ~45, BDA ~21, HCM/BIFS ~7 each).

• Tuition Fee Waiver (TFW): For up to 5% of admitted students whose family income is below ₹ 8 LPA—can lead to a full waiver of tuition fee portion (~₹ 11.78 L in prior batch).

✅ Key Takeaways

• The core tuition fee for all full‑time PGDM specialisations (Core, BDA, HCM, BIFS) is ₹ 20.4 L.

• Additional costs (accommodation, mess, travel, personal items) typically add another ₹ 2–5 L, bringing total two‑year cost in the range of ₹ 22–26 L.

• The GOAL PGDM (hybrid) is significantly cheaper (~₹ 5.6 L) but suited mainly for working professionals with work experience.

• Strong scholarship and fee waiver mechanisms exist, potentially lowering cost for eligible students.

Summary Paragraph

The Goa Institute of Management (GIM), Goa offers a comprehensive range of postgraduate programmes, with its flagship 2‑year full‑time PGDM available in Core, BDA, HCM, and BIFS tracks—all priced at ₹ 20.4 L in academic tuition. Due to compulsory residential requirement, on‑campus accommodation plus mess and other expenses bring total estimated cost to ₹ 22–26 L over two years. Working professionals can opt for the GOAL hybrid PGDM priced at around ₹ 5.6 L. Financial aid includes sizeable scholarships under the ACCESS scheme and tuition fee waivers for students from low-income families.

Here’s a clear summary of the admission process for GIM Goa’s full‑time PGDM programmes (Core, BDA, HCM, BIFS) and the IDA option as per the 2025–27 batch cycle:

🎓 Eligibility Criteria

• Must have a bachelor’s degree with minimum 50% aggregate (45% for SC/ST).

• Final‑year students completing their degree by June 5, 2025 are eligible, provided they meet the grade threshold in their latest exams.

• Required exam: one of XAT 2025, CAT 2024, or GMAT taken between 1 January 2023 – 15 January 2025 (scores to be sent by 31 January 2025; GMAT code 6VN‑62‑51).

• PGDM‑BDA and IDA applicants must also appear for the GIM Analytics Aptitude Test (GAAT) scheduled on 2 February 2025.

Additional Requirements for IDA Programme

• Submit a Statement of Purpose.

• Secure minimum scores in one accepted English proficiency test by 31 January 2025:

  • TOEFL iBT ≥100, IELTS ≥7.0, or equivalent Cambridge/BEC qualification.

• Age limit on 31 January 2025 should not exceed 26 years.

🗺️ Step-by-Step Application Process

1. Register an account on the GIM website and verify via OTP/email.

2. Complete the online application: personal details, academics, work experience, achievers profile, and document upload.

3. Pay the application fee, which varies by phase and number of programmes selected:

   • First‑Mover: Rs. 1,750 – 2,750

   • Early‑Bird: Rs. 2,000 – 3,000

   • Achiever’s Round / final deadline: Rs. 2,500 – 4,000 depending on programmes applied to.

   • Additional bank/DD charges may apply for demand draft submissions.

4. Shortlisting is based strictly on merit — exam scores, academics, work experience, diversity index — with no donations or management quota allowed

   • Goan‑domicile candidates may get a cut‑off relief of up to 15 percentile points for shortlist evaluation.

5. Shortlisted candidates receive Interview (PI) & Written Assessment (WAT) invites—usually conducted online for regular rounds.

   • High-performing applicants may receive spot offers or early interview invitations during the Achievers’ Round; if not converted there, the score carries forward to the regular round.

6. Offer letter & seat acceptance:

   • Selected applicants receive the offer letter and pay booking fee (e.g. INR 50,000 as first installment).

   • Waitlisted candidates may be asked to pay a small seat‑holding fee (e.g. INR 25,000), refundable if admission is not confirmed later.

📝 Timeline (for 2025‑27 Batch)

• Application phases:

  • First Mover: ~24 Oct 2024

  • Early Bird: ~28 Nov 2024

  • Achiever’s Round deadline & CAT deadline: early December 2024

  • Final deadline: 2 January 2025

• GAAT exam: 2 February 2025.

• Interviews & spot offers: Feb–March 2025.

• Final admission decisions: March 2025.

• Academic session begins: June 2025.

🧠 Insights from Candidates (Reddit feedback)

• Candidates report receiving PI calls from mid‑February, with XAT cut-offs around 85–88 percentile for shortlist consideration in Core or BDA tracks.

• Waitlisted candidates often convert in March after paying the seat-holding amount and completing PI. Some were asked to pay approx. ₹ 25,000 before offer confirmation, refundable if rejected later.

✅ Quick Summary

Here is an up‑to‑date overview of the accreditation credentials of Goa Institute of Management (GIM), Goa, based on official sources and recent institutional data:

✅ Recognised by National Regulatory Bodies

• AICTE Approved — GIM’s PGDM programmes are approved by the All India Council for Technical Education, ensuring regulatory compliance and academic validity.

• NBA Accredited — Its flagship full-time PGDM and PGDM‑Healthcare Management (HCM) programmes are accredited by the National Board of Accreditation (NBA), affirming compliance with national quality benchmarks for management education.

• AIU Equivalence — The Association of Indian Universities (AIU) recognizes GIM’s PGDM as equivalent to an MBA degree granted by Indian universities.

🌐 International Accreditation & Global Memberships

• AMBA & BGA Joint Accreditation — GIM has received dual accreditation from the Association of MBAs (AMBA) and the Business Graduates Association (BGA), covering its full‑time PGDM programmes including HCM, BDA, and BIFS. This positions GIM among the top ~2% of business schools worldwide that satisfy rigorous standards of educational excellence and responsible management ethos.

• AACSB Network Member — While not AACSB-accredited, GIM is a member of the AACSB network, giving it access to global educators’ communities, collaborative partnerships, and resources.

• SAQS Accreditation — In 2019, GIM earned SAQS (South Asian Quality Assurance System) accreditation by AMDISA, valid for five years, reinforcing quality alignment with top regional business schools.

• EFMD Global Member — As a member of the European Foundation for Management Development (EFMD), GIM is connected with global quality assurance networks and peer institutions.

🎓 Industry Certification Affiliation

• CFA Institute University Affiliation — In July 2024, GIM became part of the CFA Institute University Affiliation Program. Its PGDM curriculum covers at least 70% of the CFA Program Candidate Body of Knowledge and embeds the CFA Code of Ethics. This recognition aids students preparing for CFA exams and grants a limited number of CFA scholarships annually.

🧾 Quick Summary Table

🧠 Key Highlights & What It Means

• Credible national recognition: AICTE approval and NBA accreditation guarantee GIM’s programmes meet regulatory and academic standards.

• Global benchmarks: AMBA & BGA accreditation places GIM among a select group of business schools worldwide offering high-quality management education with a focus on ethics and social impact.

• International connectivity: Memberships in AACSB and EFMD connect GIM to global academic and industry networks, aiding student mobility and institutional growth.

• Professional alignment: CFA affiliation reflects industry relevance in finance education and adds value for aspiring finance professionals.

✅ Final Takeaway

GIM Goa combines national legitimacy (AICTE, NBA, AIU) with international recognition (AMBA, BGA, SAQS), global networks (AACSB, EFMD), and professional linkages (CFA). This multi‑layered accreditation framework underscores its commitment to educational excellence, ethical leadership, and global relevance.

Here’s a current overview of GIM Goa's placement performance and recruiter engagement, based on verified data and student feedback:

📌 Placement Highlights – Batch 2023–25 (Final Placements for 2024)

• Placement rate: Reported at 100%, though candidate reports suggest actual placement for full‑time batches closer to ~95%—some students (~30–40 in a batch of ~200–240) remained unplaced or opted out in practice.

• Batch size: Approximately 191 students placed in PGDM programmes (2024) as opposed to larger intake (~240).

• Total recruiters: 76 leading organisations recruited across streams.

• Pre-Placement Offers (PPOs): Around 23% of students secured PPOs.

• Highest domestic CTC: ₹26.3 LPA in 2024; earlier flagship batches saw offers up to ₹55 LPA and international offers up to ₹60.4 LPA (2023).

• Average CTC:

  • Overall PGDM: ₹14.81 LPA in 2024

  • HCM: ~₹14.25 LPA

  • BDA: ~₹15.6 LPA

  • BIFS: ~₹15.4 LPA

• Median CTC:

  • Overall PGDM: ~₹14.6 LPA

  • HCM: ~₹13 LPA

  • BDA: ~₹14.7 LPA

  • BIFS: ~₹15.5 LPA

🏢 Major Recruiters & Role Domains

Top participating recruiters across streams include:

• Consulting & Analytics: Deloitte, DE Shaw & Co., Bain & Co.

• IT & Technology: Accenture, Infosys, Capgemini, Amazon

• Banking & Finance: ICICI Bank, HSBC, HDFC Bank, Barclays, BNY Mellon, Nomura

• Others: EY, Asian Paints, Aditya Birla, Vedanta, Johnson & Johnson

Placement roles spanned:

• Management trainee positions, consulting, analytics, marketing, healthcare, banking and financial services.

🧠 Insights from Students & Alumni

• Credit for genuine placement data: Former students assert placement reports are mostly accurate, with some signalling strategic opt-out practices without skewing overall figures.

• Perceived value: Many concur that for roles in analytics & rights summaries, packages around ₹14–15 LPA are realistic benchmarks, though actual top‑50 percentile students may cross ₹18–20 LPA.

• Domain-specific strength: BDA programmes are consistently praised for strong analytics-driven placements; HCM and Core placements are reasonable but seen as less competitive.

📊 Quick Snapshot Table

(¬ Based on number placed vs intake; course-wise placement may vary)

✅ Key Takeaways

• GIM maintains a generally strong placement track record, especially for the BDA and Core streams.

• Placement figures in public reports are reasonable, but student feedback advises interpreting overall placement claims cautiously—estimates suggest ~95% real placement, with some opting out.

• Average CTC around ₹14–15 LPA is standard, and top performers (top 20–50%) often secure ₹18–20+ LPA roles.

• Recruiter pool is diverse, spanning consulting, finance, technology, healthcare, and FMCG sectors.

Here’s an updated look at the Rankings & Reputation of Goa Institute of Management (GIM), Goa, based on recent national assessments and perceptions among aspirants:

🎓 National Rankings

• NIRF Management Ranking:

  • Ranked #33 in 2023

  • Dropped to #37 in 2024

• Business Today MBA Ranking:

  • Ranked #27 in 2023 and further improved to #24 in the 2024 edition

• Outlook MBA Ranking:

  • Improved to #13 out of 200 in 2025, up from #11 in 2023

• IIRF MBA Ranking:

  • Placed at #12 out of 122 in 2025, slightly up from #13 in 2024

• Also holds AMBA accreditation, alongside premier Indian B-schools such as IIM Calcutta, ISB, XLRI, and others.

🧠 Layperson & Peer Perspectives

Reddit conversations and forums paint a mixed picture:

• GIM is widely appreciated for its location in Goa and niche strengths in Healthcare Management and Analytics placements, but many perceive it as a Tier‑2 B‑school overall.

• Average packages (~₹14 LPA) prompt serious critique regarding the CAT/XAT percentile requirements (often above ~90%) used for admission.

• Community wisdom places GIM at a level below IMI Delhi and Great Lakes but comparably with Welingkar, KJ Somaiya, NMIMS Bangalore, etc.

• Waitlist movement is noted to be active—especially for BDA/HCM streams—suggesting some flexibility post-offer rounds.

✅ At-a-Glance Summary

• Combined with AMBA accreditation, this positions GIM as a strong Tier‑2 school that continues to gain traction.

• Its consistency in placement and profile evaluation places it among reputable private institutes, especially for those targeting Analytics and Healthcare variations.

Summary Paragraph

As of 2025, GIM Goa holds credible rankings across several national platforms—NIRF (~#37), Business Today (~#24), IIRF (~#12), and Outlook (~#13)—alongside AMBA accreditation, putting it among India's recognized Tier‑2 B‑schools. While debates around its return on investment circulate among aspirants, especially in light of roughly ₹14 LPA average placement packages, GIM stands out for its residential campus, analytics specialisations, and unique location appeal. It often compares favorably with peer institutions like Welingkar and KJ Somaiya, though remains a step below IMI, GLIM, or other leading Tier‑1 schools.

Here’s a detailed overview of the campus facilities at Goa Institute of Management (GIM), Goa, based on verified sources:

🌿 Campus & Infrastructure

• Location & Green Design
  Spread across a lush 50-acre eco-friendly campus at Sanquelim, the institute incorporates solar power (approx. 745 kW), a water recycling system, native flora and fauna habitats, and over 100 bird species on site.

• Learning Spaces
  Classrooms are sound‑proof, tech-enabled, with ergonomic seating and charging stations; labs include:

  • Finance Lab with Bloomberg, Thomson Reuters Eikon, CMIE, CRISIL & more

  • Data Science Lab featuring Power BI, Tableau, SAS, Hadoop, Python, R, Azure

  • Behavioural Lab equipped for experimental research using advanced tools.

📚 Library & Academic Resources

• Central Library accessible 24×7, holding 24,800+ books, 50,000+ online journals, and 103 hard-copy journals from global publishers.

• Institutional access includes databases like EBSCO, ProQuest, ScienceDirect, CMIE, J-Stor, Bloomberg Terminals, Thomson Reuters and more.

🏠 Hostels & Residential Life

• Accommodation for over 800 students across 9 on-campus hostels, with options for double/non-AC, single/non-AC, and single/AC with attached bath rooms. Rooms include Wi-Fi, TV, washing machines, and shared common areas.

• Students report hostel culture as vibrant, with strong social bonding, study groups, and active life across hostels 24×7.

• AC room washrooms are private; non‑AC rooms typically share washroom facilities.

🍽️ Dining, Wellness & Recreation

• A 24×7 canteen, a cafeteria with multiple cuisines and a late-night café open until 4 AM.

• An on-campus provisional store and ATM (HDFC) are available for essentials.

• Medical centre with regular doctor visits, first aid, and an MoU with HealthWay Hospital for emergency admissions; district hospital is just 2 km away.

• Wellness services include counseling, meditation room, and spaces for mental health support.

🏅 Sports & Extracurricular Facilities

• A comprehensive sports centre featuring:

  • Outdoor courts/grounds for basketball, volleyball, football, cricket, lawn tennis

  • Indoor sports like badminton, table tennis

  • A swimming pool and a well-equipped gymnasium.

• Student life benefits from 25+ active clubs and societies hosting over 80+ events annually, including TEDxGIM, cultural fests, conferences, and community initiatives like “Give Goa” and “Ribandar Talks”.

🎓 Additional Facilities

• Facilities include an auditorium, seminar & conference halls, a multipurpose hall, amphitheatre, guest rooms for visitors/faculty, and staff/member transit accommodation.

• The campus is fully Wi-Fi enabled, with IT infrastructure, RFID-based systems, and transport services for connectivity from nearby areas.

✅ Summary

GIM Goa offers a rich, self-contained campus ecosystem that supports academic rigor, practical labs, cultural vibrancy, sports, wellness, and residential comfort. The infrastructure is designed to blend with nature while offering modern amenities, making it one of India’s well-rounded residential management campuses.