![Goa Institute of Management - [GIM]](https://image-static.collegedunia.com/public/college_data/images/logos/1752213097download.png?h=71.7&w=71.7&mode=stretch)
The PGDM in Banking, Insurance & Financial Services (BFSI) at GIM Goa is a specialized 2-year full-time residential program designed to create industry-ready professionals for the BFSI sector. With an intake of 120 students, the program focuses on practical and application-oriented learning supported by strong theoretical foundations. The Total Program Fee is Rs 21.45 lakhs, and admission is based on CAT/XAT/GMAT scores followed by Written Aptitude Test (WAT) and Personal Interview. The program is known for its strong industry connections, specialized BFSI curriculum, and excellent placement opportunities with leading financial institutions.
Current Admission Status: Admissions for the 2026–28 batch are currently open. The Final Deadline is January 15, 2026. Application fees range from Rs 1,750 to Rs 5,500 depending on the deadline.
| Component | Amount (Rs) |
|---|---|
| Tuition Fees (2 Years) | 13,80,000 |
| Other Academic Charges | 7,65,000 |
| Total Academic Fees | 21,45,000 |
| Refundable Caution Deposit | 25,000 |
| Grand Total | 21,70,000 |
Payment Schedule:
Refundable caution deposit of Rs 25,000 (Rs 5,000 deducted as alumni membership fee upon graduation)
Fees once paid are non-refundable in case of discontinuation
EMI and education loan options available through SBI, Bank of India, HDFC Credila, Canara Bank, and IDFC First Bank
| Event | Date |
|---|---|
| Application Opens | October 23, 2025 |
| First Mover Deadline | October 23, 2025 |
| Early Bird Deadline | November 27, 2025 |
| Achiever's Round Deadline | December 4, 2025 |
| CAT Deadline | December 25, 2025 |
| Last Date to Apply | January 2, 2026 |
| Final Deadline | January 15, 2026 |
| Written Aptitude Test (WAT) | To be announced |
| Personal Interview | February–March 2026 |
| Final Results | March 2026 |
| Classes Begin | June 2026 |
| Exam | Date |
|---|---|
| CAT 2025 | November 30, 2025 |
| XAT 2026 | January 4, 2026 |
| GMAT | Available year-round (scores from Jan 1, 2024 to Jan 15, 2026 accepted) |
| Details | Information |
|---|---|
| Number of Scholarships | 7 |
| Amount per Scholarship | Rs 5,00,000 |
| Eligibility | CA, CS, CMA, CFA (US), ACCA, CIMA, CPA (US), FRM (GARP) |
| Disbursement | 50% in Year 1 and 50% in Year 2 |
| Academic Requirement | CGPA 5.6 or above for second installment |
Only one financial benefit per student is allowed
Professional qualification must be completed by registration date
| Details | Information |
|---|---|
| Eligibility | Family income less than Rs 8 lakhs per annum |
| Coverage | Full waiver of tuition fees (Rs 13,80,000) |
| Maximum Awards | Up to 5% of admitted students |
| Assessment Criteria | Financial need and family economic condition |
Only tuition fees are waived; other academic charges are applicable
Assessment is based on total family income and supporting documents
Q1: What makes PGDM BFSI different from a regular PGDM program?
A: PGDM BFSI focuses specifically on Banking, Insurance and Financial Services. It includes subjects like Basel Regulations, ALM & Treasury Management, Insurance Operations, and FinTech. Students get hands-on training using Bloomberg terminals and work on live industry projects.
Q2: Is work experience mandatory for PGDM BFSI admission?
A: No, work experience is not mandatory. Fresh graduates can apply if they meet the eligibility criteria. However, candidates with qualifications like CA, CS, CMA, or CFA can apply through the Achiever’s Round and may get scholarship benefits.
Q3: What kind of companies recruit PGDM BFSI students?
A: Recruiters include leading banks, insurance companies, financial services firms, consulting companies, and fintech firms. The program has strong ties with top BFSI organizations for placements and internships.
Q4: How is the summer internship structured?
A: After completing three academic terms, students undergo a mandatory 4–5 month internship in a BFSI company. The internship is guided by faculty and industry mentors and often results in pre-placement offers.
Q5: What are the accommodation facilities?
A: The program is fully residential. First-year students stay in double occupancy rooms, while second-year students get single rooms. Hostel facilities, library, sports infrastructure, and campus amenities are included in the overall structure.
Q6: Can students choose electives in the second year?
A: Yes, students can choose electives in areas like Banking, Insurance, Financial Services, and IT in the second year. However, the core BFSI focus remains throughout the program.
| Course Highlights | Details |
|---|---|
| duration | 2 Years (Full Time) |
| course level | PG (Diploma) |
| mode of study | On Campus |
| total fees | ₹ 21.7 Lakhs |
| average package | ₹ 14.51 Lakhs |
| eligibility | Graduation with 50% + CAT/XAT |
| entrance test | CAT |
15 Apr, 2026 GIM Goa Fee structure 2026 has been released for PGDM Banking, Financial services & Insurance Management programs. The total academic fee is ₹ 21.7 Lakhs.
GIM Goa PGDM Banking, Financial services & Insurance Management fees 2026 is ₹ 21.7 Lakhs for the entire course duration.
Earlier, PGDM Banking, Financial services & Insurance Management fees at GIM Goa was ₹ 20.4 Lakhs (in 2025) for the entire course duration. This shows a fee increase of ₹ 1.3 Lakhs over the year.
| Fee Type | Total Amount (INR) |
|---|---|
| total fee | ₹21.7 Lakhs |
| Events | Dates |
|---|---|
| Submission Date of Application for Admission 2026 [PGDM] | Oct 01, 2025 - Mar 21, 2026 |
| Date of Application Submission for Session 2026-28 [PGDM] (Hybrid) | Feb 15, 2026 - Mar 21, 2026 |
| XAT Result | Jan 17, 2026 |
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The college maintains a 100% placement record for all courses, including PGDM and BIFS programs. The average salary package for graduates is approximately INR 11.8 lakhs per annum, with the highest package reaching INR 28 lakhs. In the BIFS program, the highest package is INR 27 lakhs, with a median salary of INR 14.5 lakhs. Students find opportunities in sectors like BFSI, IT, and Data Analytics, with major recruiters such as Hindustan Unilever, Accenture, and Bank of America.
The Summer Internship Program also boasts a 100% placement rate, with internships spanning 16-22 weeks. The highest internship stipend is around INR 75,000 per month, with an average stipend ranging from INR 30,000 to 40,000 per month. Students have access to scholarships and financial assistance through schemes like the GIM MBBS Scholarship and GIM Academic Competence and Excellence Scholarship Scheme, along with tuition fee waivers for deserving students. The total fee for the two-year program, covering tuition, resources, and labs, is about INR 17 lakhs, spread over six trimesters.
The annual fee is approximately INR 10 lakhs. Scholarships are awarded based on merit and need, with potential waivers of up to INR 5 lakhs. While tuition fees are constant, hostel and mess charges may rise by 10-15% in the second year. Financial assistance is available through bank loans, supporting meritorious and economically disadvantaged students.
According to the latest available placement reports of 2025, the average package for PGDM Banking, Financial services & Insurance Management at GIM Goa is 14.51 Lakhs. The median package reported is 15.4 Lakhs. The highest package reported is 27.3 Lakhs.Check GIM Goa Placement
Based on the latest NIRF Reports 2025 of GIM Goa, about 100% of the PGDM Banking, Financial services & Insurance Management students were placed during the placement drive. The median package reported was 15.4 Lakhs.
| Specialisation | Package | 2025 |
|---|---|---|
| Banking, Financial services & Insurance Management | Highest Package | ₹27.30 Lakhs |
| Median Package | ₹15.40 Lakhs | |
| Average Package | ₹14.51 Lakhs |
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