GIM Goa Opens Admissions 2024: Launches International Double Degree Program in Collaboration with Nova SBE Portugal; Check USPs, Fees Placements

Goa Institute of Management (GIM), Goa, one of the highly ranked management institutes in Govt of India, MHRD NIRF Rankings 2023 and track record of 100% placement with consistent rise in its salary packages has opened its application for admission 2024 for all the PGDM programs - PGDM, PGDM Big Data Analytics, PGDM Banking Insurance and Financial Services, PGDM-Health Care Management. From this year,  GIM has introduced an International Double Degree program in collaboration with Nova School of Business and Economics (Nova SBE) in Portugal, offering a unique opportunity to excel in data-driven leadership on a global scale.

GIM admission process has different phases like Achiever Round and Regular round. Last date to apply for different rounds are separately announced by GIM Goa. For admission 2024, GIM will accept CAT, XAT, CMAT, GMAT score. Last date to apply for first mover round is October 31, 2023.

Goa Institute of Management was rated among the Top 4 Best B-Schools for the World in the Positive Impact Rating 2021. GIM offers 4 full-time residential programs PGDM, PGDM-HCM, PGDM- BDA, PGDM-BIFS and has now launched International Double Degree program to get “agile leaders ready for the world”. The institute offers number of scholarships to the meritorious students. The key highlight of GIM admission process is that for each PGDM programme, GIM Goa applies slightly different shortlisting criteria.  

Read this exclusive MBAUniverse.com article to know GIM USPs, GIM Goa Admissions 2024 details, GIM Goa eligibility, selection process, pedagogical initiatives and a lot more. 

Goa Institute of Management Admission 2024: Table of Contents
In this article, we shall cover:

1. GIM Goa: Key Highlights and USPs
2. GIM Goa Programmes offered & Specializations
3. GIM Goa Fees
4. GIM Goa Seats
5. GIM Goa Placements 2023
6. GIM Goa Eligibility Criteria
7. GIM Application Process 2024: How to Apply for GIM Goa Admission
8. GIM Goa Admission Dates 2024
9. GIM Goa Admission Criteria 2024: Cut off & Selection Process
10. How to Improve GIM Goa Admission Chances? Tips from Admission Chair

Let us start with why you should consider and to apply for GIM Goa admission 2024 along with other top B-schools.

1. GIM Goa: Key Highlights & USPs

• 1.1 Highly Ranked: Goa Institute of Management is ranked #33 in Govt of India, MHRD NIRF Ranking 2023 amongst top 125 B-schools. GIM was ranked # 25 in MBAUniverse.com B-School Ranking 2023. GIM is rated amongst top four in the World by Positive Impact Rating, International Green Gown Awardee.
• 1.2 Accreditation & Approvals: GIM Goa has earned International Accreditation from SAQS, AMBA, and Business Graduates Association (BGA) and is a Member of AACSB and EFMD. It is an NBA Accredited institute. PGDM program of GIM Goa is AICTE Approved and Association of Indian Universities (AIU) has recognized GIM's Post Graduate Diploma in Management (PGDM) programme as equivalent to an MBA degree
• 1.3 GIM’s Focus on Technology and Agility: Leveraging technology to improve business agility, processes and customer experience is a key theme for businesses today. In this context, the mission statement of GIM has recently been revised and now stand as “to develop responsible and agile leaders at the forefront of cutting-edge business practices”. The faculty are being encouraged to undertake research in domains that support mission objectives. This focus on technology will help GIM students emerge into tech savvy business leaders of tomorrow.
• 1.4 Strong Placements 2023: GIM Goa has completed 100% placement 2023 for its PGDM, PGDM-BDA, PGDM-BIFS 2021-23 batch with 20% rise in average salary of Rs.14.87 LPA and highest domestic salary of Rs.55 LPA.
• 1.5 International Linkage: GIM’s competitive edge is also enhanced through prestigious international linkages and Centers of Excellence that focus on research, social sensitivity, creativity, and entrepreneurship.
• 1.6 Industry Relevant Curriculum & Pedagogy: GIM Goa has consistently focused on diversity, pedagogy, and curriculum led by innovative programs like Give Goa and Campus Connect.
• 1.7 Academic Initiatives: GIM has recently taken new academic initiatives to enhance learning experience. Some of these initiatives include Introduction of mandatory blended learning component in all courses; more electives are introduced  among other key initiatives
• 1.8 Atal Incubation Centre: GIM is among 13 institutes (out of 3048 applications) chosen by NITI Aayog for setting up the Atal Incubation Centre.

2. GIM Goa Programmes Offered
GIM Goa offers 2 years full time PGDM programmes in four streams. Below are the programmes offered at GIM Goa

• Post Graduate Diploma in Management (PGDM)
• Post Graduate Diploma in Health Care Management (PGDM -HCM)
• Post Graduate Diploma in Management – Big Data Analytics (PGDM-BDA)
• Post Graduate Diploma in Management – Banking, Insurance & Financial Services (PGDM-BIFS)
• International Double Degree Program in Analytics in Collaboration with Nova SBE Portugal

2.1 International Double Degree Program in Analytics: Key Highlights
Charting a Global Path in Data-Driven Leadership GIM's latest endeavor, the International Double Degree program, is set to revolutionize data-driven leadership education. In partnership with Nova SBE, one of the top-ranked institutions globally, GIM's PGDM in Business Data Analytics (BDA) is now complemented by Nova SBE's Masters in Business Analytics. This unique program offers a 360-degree view of data-driven decision-making, organizational design, and addressing managerial challenges, providing students with a competitive edge in an increasingly data-centric world. Nova SBE's recent recognition as the 15th Top MBA college by Financial Times is a testament to the program's quality and global reputation. GIM and Nova SBE jointly provide a transformative learning experience that prepares students for leadership roles in data analytics, business intelligence, and strategic decision-making.

3. GIM Goa Fees
Programme wise GIM Goa fees is as below

Source: GIM Goa

4. GIM Goa Seats: 600 Students
The programme wise GIM Goa Seats and programme duration at Goa Institute of Management is as under:

5. GIM Goa Placements 2023 & 2022
GIM Goa has a consistent record of good placements. The maximum and average compensation packages at Goa Institute of management have remained high despite all the Covid pandemic situation. The B-school has completed 100% placement 2023 for its PGDM 2021-23 programs as early as in November 2022. In placement 2022 GIM Goa also recorded high salary packages. Details and key placement highlights are as below

5.1 GIM Goa Placement 2023
The flagship PGDM programme of GIM Goa has witnessed 100% placement for the Batch of 2021-23. The programme has seen a 20% increase in the average CTC as compared to last year. The PGDM Big Data Analytics offered by Goa Institute Management has also been able to achieve 100% placements.

The youngest Banking and Financial Services programme offered by the Institute has also completed 100% placement for the Batch of 2021-23. New recruiters at GIM Goa include behemoths like Amazon, HDFC, Flipkart, CRIF, Lowe's Inc. and the Trident Group.

5.1.1 GIM Goa Placements 2023: Key Highlights

• Achieved 100% placements 2023 for PGDM, PGDM BDA and PGDM BFS programs  
• Highest salary offered to PGDM-HCM at Rs.60.40 LPA
• PGDM 2021-23 batch has witnessed a 20% rise in average salary in Placement 2023
• Top Recruiters include ABInBev, Accenture, Capgemini, Microsoft, D E Shaw, Axis Bank, EY, Deloitte, ITC among others
• New Recruiters include Amazon, HDFC, Flipkart, CRIF, Trident Group among others

5.1.2 GIM Goa PGDM Placements 2023

• Achieved 100% placements 2023  
• Batch Size 242 Students
• PGDM 2021-23 batch has witnessed a 20% rise in average salary in Placement 2023
• PGDM Average salary has gone up at Rs.14.90 LPA in 2023
• Highest Domestic Salary for PGDM has gone up at Rs.55 LPA
• PGDM Median Salary has gone up at Rs.14.70 LPA in Placement 2023
• Top Recruiters include Microsoft, Shalina Healthcare, Bain & Co, Reliance Industries, CRIF, D E Shaw, Johnson & Johnson
• New Recruiters include Amazon, HDFC, Flipkart, CRIF, Lowe's Inc. and the Trident Group

5.1.3 GIM Goa Placements 2023 PGDM-Big Data Analytics (PGDM-BDA): Key Highlights

• PGDM BDA 2021-23 batch Size: 102 Students
• Students Placed: 102
• Highest Salary: Rs.40.2 LPA
• Median Salary: Rs.15 LPA
• Average Salary: Rs.17.2 LPA
• Top recruiter that offered the highest salary: Flipkart
• Sector-wise placements: FMCG, IT,  Banking & Finance, Healthcare
• 33% New Recruiters including: Amazon, HDFC, Flipkart,  CRIF, Lowe's Inc , Trident Group
• Top Recruiters: CRIF, Optum, HSBC Bank, Accenture AI, Tata Capital
• Prominent Roles Offered: Management Trainees in Finance, HR, Supply Chain & Operations, Marketing & Sales, Business Analyst, Data Analyst, Data Scientist, Data Architect, Data engineering, Cloud Data Architect, AWS/Azure Specialist, BI Specialist, Market Research Analyst, AI/ML Expert, Predictive Modeler, Product Manager, Project Manager

5.1.4 GIM Goa PGDM-HCM Placements 2023: Highlights

• Achieves 100% Placements
• Highest Salary Up at Rs.60.40 LPA
• Average salary Up by 44% at Rs.15 LPA in Placement 2023 from Rs.10.40 LPA last year
• Median Salary up at Rs.13 LPA
• Average salary for Top 10% goes up at Rs.36.42 LPA from Rs.17.2 LPA last year
• Average salary for Top 20% goes up at Rs.28 LPA from Rs.14.9 LPA last year
• 9 PPO/PPI Offered to the students
• Top recruiters include Johnson and Johnson, Bain & Company, Aditya Birla, KPMG, Cognizant, EY, ZS, HCL, Optum, Citius Tech, Bosch, Nephroplus, Stryker, Zimmer Biomet, Indegene among others

5.1.5 GIM Goa PGDM-BIFS Placements 2023

• Highest Salary Rs.60.40 LPA
• Average salary Rs.14.61 LPA in Placement 2023
• Median Salary up at Rs.15 LPA

5.2 GIM Goa PGDM Placements 2022: Highlights

• Highest Salary Up by 9% at Rs.27.83 LPA from Rs.25.60 LPA
• Average salary up by 12% at Rs.12.14 LPA
• Average salary for Top 50 students stood at Rs.16.60 LPA
• Top recruiters include ITC, Citi Bank, Deloitte, Asian paints, Tata capital,Accenture, Capgemini, Infosys,Axis Bank,JP Morgan, HCL, Ernst & Young, Arcesium

5.2.1 GIM Goa PGDM-HCM Placements 2022: Highlights

• Achieves 100% Placements
• Highest Salary Up by 49% at Rs.26 LPA
• Average salary Up by 4% at Rs.10.4 LPA
• Average salary for Top 10 stood at Rs.17.2 LPA
• Average salary for Top 20 stood at Rs.14.9 LPA
• 9 PPO/PPI Offered to the students
• Top recruiters include Johnson and Johnson, Virtusa, Stryker, Optum, Medtronic, Legato Health technologies, ZS Associates, Indegene, Citius Tech, Lupin

5.2.2 GIM Goa PGDM-BIFS Placements 2022: Highlights

• First Batch Achieves 100% Placements
• Highest Salary at Rs.17.20 LPA
• Median salary stood at Rs.11.17 LPA
• Lowest Salary stood at Rs. 7.95 LPA
• Top recruiters include J P Morgan, Morgan Stanlay, Goldman Sachs, CRISIL, Bajaj Finance, ICICI Bank, Standard Chartered Bank, Axis Bank, Brickworks, Infosys, Go Digit Insurance

5.2.3 GIM Goa PGDM-BDA Placements 2022: Highlights

• Achieves 100% Placements
• Highest Salary Up by 40% at Rs.30.20 LPA
• Average Salary up by 9% at Rs.12.8 LPA
• Top recruiters include Flipkart, Mckinsey and Company, Bain Capability Network, Accenture Strategy and Consulting, Natwest, Mondelez International, VMware,Tiger Analytics, Razorpay, EY GDS, EY India, Deloitte, KPMG Lighthouse, Kantar, Dell,Schlumberger, Accenture AI, NCR, Optum, HashedIn

6. GIM Goa Eligibility Criteria
GIM Goa Admission Eligibility Criteria 2024 have following key points

• Minimum 50% aggregate marks in Bachelor’s Degree
• Candidates who will complete all requirements for the degree by June 2024 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

6.1 GIM Goa Admission Eligibility Criteria 2024: Exams Accepted
The applicant should appear in one of the following MBA entrance exams:

• CAT 2023
• XAT 2024
• CMAT 2024
• GMAT (Taken between January 1, 2022 and January 31, 2024)

6.1.1 Exams & Scores Accepted for Different Admission Rounds

• CAT 2022 and XAT 2023 for achievers and ELITE round.
• CMAT 2024 acceptance and modalities shall be announced after National Testing Agency (NTA) announces the details of the exam.

6.1.2 Eligibility & Exam Score Accepted for International Double Degree Programme in Analytics
For IDA - International Double Degree Programme in Analytics, the eligibility criteria and acceptable exam scores are:

• Minimum 30 months of work experience (preferably 36) is required.
• 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 31 May, 2024 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) for PGDM (BDA) and the IDA programmes.

7. GIM Goa Application Process 2024: How to Apply for GIM Goa Admission?
GIM Goa Application can be submitted online. Goa Institute of Management (GIM) Admission 2024 process has five phases namely the First Mover, Early Bird, CAT deadline ,Achiever and last date of Application to apply. Application fees changes during the First Mover, Early Bird, and last date of Application. The application however, has to be submitted on the pre announced last dates.

• Email ID submitted at the time of registration will be used for all correspondences until enrolment is completed.
• Change in Email ID will NOT be permitted under any circumstances

7.1 GIM Goa Application Fees*
The application fees for admission 2024 at GIM Goa goes on rising after each round. Besides, the application fee to apply for one and more than one programs also goes up. Round wise and program wise GIM Goa applications fees is shared as below

• 18% GST is applicable in addition to above Fees
• Application Form Fee is Non-Refundable

*May be Revised for Admission 2024

8. GIM Goa Admission Dates 2024: Important Dates    
Round wise expected GIM Goa last date to apply is shared as below

9. GIM Goa Admission Criteria 2024:
GIM Goa Admission Process is divided into following stages

Stage-1: GIM Goa Shortlist Criteria based on GIM Goa Cut-off/ Profile based shortlisting.

Stage-2: GIM Goa Selection Criteria after Shortlisting process

Stage-3: Final Admission offer after Selection Process

Stage-1: GIM Goa Shortlist Criteria & GIM Goa Cutoff

A. GIM Shortlist For Achiever's Round

B. GIM Shortlist For Regular Round

• Shortlist for PGDM
• GIM Shortlist for PGDM (BDA)
• GIM Shortlist for PGDM (HCM)
• GIM Shortlist for PGDM (BIFS)
• GIM Goa Cut-off

For each PGDM programme, GIM Goa applies slightly different shortlisting criteria. GIM Goa cutoff is moderate for achievers round and slightly higher for regular round. Programme wise shortlisting criteria at GIM Goa is shared below:

A. GIM Shortlist For Achiever's Round
For PGDM, a select group of candidates shall be invited at various interview centres for Achiever's Round interview process in January 2024. Regular round will be held in early March 2024. GIM Goa has further strengthened the shortlisting process 2024 in its Achievers Round.

• Achievers round is applicable to all four programmes i.e. PGDM, PGDM-HCM, PGDM-BDA, PGDM-BIFS.
• Interviews shall be held at various interview centres (Bangalore, Goa, Kolkata, Mumbai, and New Delhi) and shortlisted candidates shall be eligible to apply for scholarships.
• Candidates not shortlisted for Achiever's Round will not be eligible for scholarships. If a candidate shortlisted for Achiever's Round decides to opt out of Achiever's Round and attends Regular Round, the candidate will not be eligible for scholarship.
• Shortlisting shall be based on curricular, extracurricular, and career achievements and profile -qualification, past academic performance, and work experience of the candidates.
• The shortlist shall be drawn without XAT, CAT, GMAT score to facilitate interview process in January 2024. Scores shall be incorporated later on.

B. GIM Shortlist For Regular Round
Shortlisting for PGDM for Regular Round shall be based on XAT, CAT, GMAT, or CMAT score of candidates. Regular round will be held online in March 2024.

GIM Shortlist for PGDM (BDA)

• For PGDM – BDA, shortlisting will be face-to-face evaluation and shall be on the basis of profiles (XAT, CAT, GMAT, or CMAT score, qualification, past academic performance, and work experience).
• Regular round will be held online in March 2024.
• Candidates for PGDM (BDA) will need to appear for an on-line aptitude test (called GAAT), organized by GIM to evaluate the candidates for BDA.

GIM Shortlist for PGDM (HCM)

• The PGDM-HCM shortlisting for face-to-face evaluation shall be on the basis of profiles including XAT, CAT, GMAT, or CMAT score, qualification, past academic performance, and work experience. 
• Regular round will be held online in March 2024.

GIM Shortlist for PGDM (BIFS)

• For PGDM – BIFS, shortlisting will be face-to-face evaluation and shall be on the basis of profiles (XAT, CAT, GMAT, or CMAT score, qualification, past academic performance, and work experience).
• Regular round will be held online in March 2024.

GIM Goa Cutoff
GIM Goa has a cut off in the range of 80 to 90 percentile for its different PGDM programs. Likely GIM Goa CAT/XAT/CMAT Cut off for PGDM shortlisting is shared below:

Stage-2: GIM Goa Selection Criteria after Shortlisting process
GIM Goa Admission process after shortlisting will comprise of WAT and face to face evaluation leading to generation of final merit list. GIM Goa admission process will be conducted at Bangalore, Delhi, Goa, Kolkata, and Mumbai for Achievers round. For regular round the interviews will be conducted online.

Stage-3: Final Admission offer after Selection Process
Final Admission offer after completion of GIM Goa Admission process will be based on various components and weightages awarded to entrance exam scores, past academic performance, objective assessment, work experience, face to face evaluation among other parameters. Result of the selected candidates shall be released in April 2024

PGDM: Final Selection Weightage for Achiever’s and Regular Round
The weightages for various components for both rounds remain same.

While the objective assessment is based on XAT, CAT, GMAT, or CMAT score, the Leadership assessment shall be based on Individual Assessment in Group Activity -interaction with peers and evaluators.

PGDM-HCM, PGDM-BDA & PGDM-BIFS: Final Selection Weightage

*The objective assessment shall be based on GAAT score and XAT, CAT, GMAT, or CMAT score

10. How to Improve Admission Chances? Tips by Admission Chair
Advising students how to improve their admission chances in GIM, Dr Rakesh Shrivastava Admissions Chair, said, “Best advice for a candidate is be himself/herself and project his/her unique set of strengthens and objectives for taking up management education, achievements in cocurricular activities and sports and all contributions to larger causes/society.”

Students who are in their second year or third year of bachelor’s degree and are not eligible to apply for GIM Goa admission 2024, can apply for GIM Goa admission 2025 through CAT 2024, XAT 2025 and CMAT 2025. GIM Goa admission 2025 is expected to follow same process as this year.

We hope you found this article on GIM Goa Admission 2024 helpful while looking for admission and deciding on one of the best B-schools which has strong placements. Application process at GIM Goa is open.

Stay tuned to MBAUniverse.com for more updates on Goa Institute of Management (GIM) Goa 

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