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Goa Institute of Management (GIM) Goa

Goa Institute of Management (GIM) Goa - PGDM-BIFS

Sanquelim, Goa | Established in 1993 | Approved/Accredited by AICTE, AIU, AMBA, BGA, NBA, SAQS, EQUIS | Private

NIRF Management Rank: #43
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Last Updated on October 24, 2025 by MBAUniverse.com News Desk

Post Graduate Diploma in Management – Banking, Insurance & Financial Services (PGDM BIFS)

📅 Duration

24 Months

🎓 Mode of Study

Full Time

🎓 Seats

120

💰 Fees

Rs. 21.45 Lakhs

💼 Average Salary

Rs. 14.51 LPA

✅ Approved by

AICTE, AIU, AIU Recognized PGDM as Equivalent to MBA, NBA, SAQS

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GIM Goa PGDM BIFS Program Highlights

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) is two-year full time MBA equivalent residential programme. GIM Goa PGDM BIFS course is designed for individuals who like to become a financial analyst, a business analyst, an audit manager, a branch manager of a financial institution.

Course content is primarily industry driven with flexibility in quickly adapting to the changing dynamics of the industry. Continual engagement with industry partners for delivery of applied content, internships and placements in undertaken.

GIM Goa PGDM BIFS Curriculum Highlights

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) programme curriculum offers regular engagement of students with industry experts by way of classroom lectures, seminars and one-on-one mentorship (internships). After completion of three terms in the campus, students are required to immediately join their respective companies to do internship projects in the areas of banking, insurance or financial services. 

GIM Goa PGDM BIFS course content adapts to evolving industry needs, covering Digital Banking, Fintech (Blockchain, Payment Tech, Wealth-tech, Insurtech, Reg tech), and AI for Banking. This sets GIM apart from others. Students are encouraged to work on live company projects in order to become fully capable of comprehending actual business situations and applying appropriate tools and techniques of BIFS to get enhanced insights into/around the issues/problems sensed by them so as to devise optimum solutions. The program covers various management domains, with a mix of core and elective courses, a Give Goa project, Summer Internship Project. 

GIM Goa PGDM BIFS Eligibility Criteria

🎓 Education Requirements

Candidates Appearing For The Final Year Of The Bachelor's Degree Equivalent

💼 Work Experience

Not specified

📝 Exam Accepted

CAT, XAT, GMAT

📋 Detailed Eligibility Criteria

  • GIM Goa Admission Eligibility Criteria require Minimum 50% aggregate marks in Bachelor’s Degree.
  • Candidates in the final year of the degree can also apply.
  • Applicant should apply and appear in one of the acceptable entrance exams CAT/ XAT/ GMAT and score well to be eligible for shortlisting 

GIM Goa PGDM BIFS Fees

Fee Structure

Detailed breakdown of program fees

Fee ComponentAmountCurrency
Tuition Fee
₹21.45LINR
Total Program Fee₹21.45LINR

Note: Fees are subject to change. Please verify with the institution for the most current fee structure.

Specializations Available

Banking & Financial ServicesInsuranceFinance

GIM Goa PGDM BIFS Scholarships

GIM Goa Scholarship schemes are available for all the PGDM programs. GIM offers many institute-based and corporate sponsored scholarships to students in 1st and 2nd year to reduced financial burden. Details of GIM Goa Scholarships are given below:

GIM Goa Scholarship Schemes
Key details of the GIM Goa scholarship Amount for different schemes is shared below:

  • PGDM: Rs 500,000; Total 45 Scholarships
  • PGDM-HCM: Rs.500,000; Total 7 scholarships
  • PGDM-BDA: Rs.500,000; Total 21 Scholarships
  • PGDM-BIFS: Rs.500,000; Total 7 Scholarships

GIM Goa PGDM BIFS Cut off

Cut-Off Requirements

Minimum scores required for admission

ExamScore TypeRequired Score
CAT
Percentile80
XAT
Percentile80
GMAT
Score500

Note: Cut-off scores may vary each year based on applicant pool and program demand.

GIM Goa PGDM BIFS Admission Process

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) Admission Process 2026 to admit students with the following profile mix:

  • Experience in working in financial Sector
  • Related Qualification Profiles
  • Aptitude & Interest in BIFS

While in the most MBA programme, a cut off score in entrance exam is kept as an important criterion for admission, in GIM Goa Banking, Insurance and Financial Services programme there is no specific cut-off. This is because to succeed in the world of Banking Insurance & Financial Services, the overall profile of the candidate is much more important than just the entrance exam cut-off.

A select group of candidates shall be invited in selected cities for Achievers Round. All other candidates shall be interviewed online for regular round. Shortlisted candidates will also need to complete an online Written Aptitude Test (WAT), with the date to be announced in due course.

GIM Goa Admission Process 2026

  • Apply Online: This is the first step.
  • Achievers Round: If shortlisted for Achiever Round, appear in interview and get spot admission offer
  • Regular Round: If not shortlisted for Achievers Round, you can get shortlisted in Regular Round based on CAT/ XAT/ GMAT scores. Merit list is released for regular round.
  • Admission Letter is issued to selected candidates.

GIM Goa Achiever’s Round
The Achiever's Round of GIM Goa is a profile-based shortlisting process that evaluates candidates based on program-specific or other achievements in areas such as academics, sports, co-curricular activities, and professional experience. This round applies to all programs based on the candidate's first preference. 

Candidates are shortlisted for the Achiever's Round without considering CAT/ XAT/ GMAT scores initially, which is factored in at the later stage. Select candidates from the Achievers Round receive a spot admission offer, even before their CAT/XAT/GMAT scores are available. GIM Goa Achiever Round interviews are conducted in Delhi, Goa and Kolkata. 

GIM Goa PGDM BIFS How to Apply

To apply for admission at GIM Goa, candidates need to follow a simple step-by-step online process. First, register yourself on the official website using a valid email ID and mobile number. After registration, verify the OTP sent to your registered contact details. Next, fill out the online application form carefully with all required academic and personal information. Then, upload the necessary supporting documents and complete the process by paying the registration fee online. 

GIM Goa How to Apply - Steps to Follow

  • Register yourself
  • Verify OTP
  • Fill application form online
  • Upload required documents
  • Pay registration fee

The GIM Goa application fee varies based on the number of programs applied for and the application rounds with respective deadlines. Candidates can benefit from lower fees by applying early under the First Mover or Early Bird deadlines. Check details in the table below. 

Application Round
Application Deadline
Application Fees for One Program
Application Fees for Two Programs
Application Fees for Three Programs
Application Fees for Four Programs
First Mover
Oct 23, 2025
Rs.1750
Rs.2000
Rs.2250
Rs.3000
Early Bird
Nov 27, 2025
Rs.2000
Rs.2250
Rs.2500
Rs.3500
Achiever Round
Dec 4, 2026
Rs.2500
Rs.3000
Rs.3500
Rs.4250
CAT Deadline
Dec 23, 2025
Rs.2500
Rs.3000
Rs.3500
Rs.4250
Last Date
Jan 02, 2026
Rs.2500
Rs.3000
Rs.3500
Rs.4250

Selection Process

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) admission selection process is based on various selection parameters including entrance exam scores, GAAT Scores, past academic performance, work experience, and face to face evaluation. Entrance exam scores have the highest weightage of 40%. Check details in table below. 

GIM Goa Final Selection Weightage 
The weightages for various components in final selection round are:

Selection Criteria Weightage

Selection CriteriaWeightage (%)Visual
1Entrance Exam Score
40%
2Personal Interview (PI)
30%
3Work Experience
10%
4Academic Performance
5%
5Gender Diversity
5%

Note: The selection process may vary each year. Weightage percentages are subject to change based on program requirements.

Important Dates

EventStart DateEnd Date
Application openSep 15, 2025Nov 27, 2025

GIM Goa PGDM BIFS Placement

YearAverage SalaryMedian SalaryHighest SalaryBatch Placed
2025₹14.5L₹15.4L₹27.3L100%
2024₹15.4L₹15.5L₹22.3L100%

Latest Placement (2025)

₹14.5L
Average Salary

Highest Package

₹27.3L
Across all years

Placement Rate

100%
Latest batch (2025)

GIM Goa PGDM BIFS Recruiters

Recruitment Overview

Companies actively recruiting from this program

7
Total Recruiters
3
Industry Sectors

Recruitment Categories

🏢
Banks
1 company
Top Recruiter
5 companies
💻
Technology & Consulting
1 company

Featured Companies

AXIS BANKDELOITTEFRONTPAGEHDFC BANKICICI BANKINFOSYS CONSULTINGTALLY

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1 company in this sector

AXIS BANK

AXIS BANK

Top Recruiter

5 companies in this sector

DELOITTE

DELOITTE

FRONTPAGE

FRONTPAGE

HDFC BANK

HDFC BANK

ICICI BANK

ICICI BANK

T

TALLY

Technology & Consulting

1 company in this sector

INFOSYS CONSULTING

INFOSYS CONSULTING

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