Applications for Admission to full time PGDM programmes are invited from graduates. Shortlisted candidates are invited for a further evaluation.

  • Minimum 50% aggregate in Bachelor’s Degree *Candidates who will complete all requirements for the degree by 06 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.
  • Must have taken/ appeared for any one of the following:
    • XAT 2024 (Applicants under Achievers/ELITE round may also apply using XAT 2023)
    • CAT 2023 (Applicants under Achievers/ELITE round may also apply using CAT 2022)
    • GMAT taken between 01 January 2022 to 15 January 2024 (Including, GMAT Focus Edition. Details here: ). Ask GMAC to send the score by 31 January 2024. The GMAT code for GIM is 6VN-62-51
    • GIM admissions committee has decided that CMAT Exam scores will not be considered for admissions to the Batch of 2024-26.

Admission Process

Flow chart
Flow chart

* Spot offers to selected candidates. Regular round also comprises of spot interviews for high-performing candidates based on their profiles and online interview performance for an early admission offer, while others will be considered for the regular merit list.


While in the most MBA programme, a cut off score in entrance exam is kept as an important criterion for admission, in 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 candidate shall be invited in selected cities for Achievers Round. All other candidates shall be interviewed online for regular round.

BIFS Shortlisting

We focus on admitting students with the following profile mix:

Experience in working in financial Sector

Experience of having worked for banks, financial institutions, CA firms, etc. 

Related Qualification Profiles

CA, CFA, CPA, FRM, etc.

Aptitude & Interest in BIFS

Enthusiasm in stock markets, investing, trading, finance management.

Selection Criteria

  • Objective assessment (based on XAT, CAT, GMAT score) 40%
  • Past Academic Records 15%
  • Work experience, if any 10%
  • Face to face evaluation* 30%
  • Profile Assessment Index 5%

*For selection for the face to face evaluation process,the qualifying cut-off score of the competitive exam may be lowered by up to15 points for candidates of Goan domicile/origin. Documentary evidence of origin/domicile.


We’ve got the answers to all your questions.

Do I need to send exam (CAT/XAT) scores to GIM ?

No. GIM does not accept exam scores from candidates. Scores are got from IIM, XLRI.

What are First Mover and Early Bird?

GIM charges lower application fee for early applications and higher application fees closer to the final deadline.

If you make a smart choice, you pay roughly half of what you pay if you wait till the last day.

Is there any reservation or Management quota at GIM?

Admission to the Goa Institute of Management is strictly on the basis of merit and no donation in any form is sought or accepted in connection with admission.

Are there any reservations for Goan candidates?

There are no reservations for Goan candidates, but for personal interview selection, the qualifying cut-off score of the competitive exam may be lowered by up to 15 points for candidates of Goan domicile/origin.

What qualifies a candidate to be considered of Goan Domicile/ Origin?

For the purpose of application under the category of persons of Goan Domicile or Origin the student must satisfy any of the following: Goan Domicile: An applicant would be considered of Goan Domicile if he/she produces a domicile certificate issued by the Goa Government or documentary proof of residence/education/ employment in Goa for a period of at least 10 years. Alternatively, an adequate proof of the domicile of any one of the parents of the students for a period of at least 15 years should be provided. Goan Origin: Either one of the following conditions must be met: An applicant or at least one of his parents or grandparents should be /have been born in Goa (documentary proof in the form of the original birth certificate has to be produced). The applicant or his parents should have a share in ancestral property in Goa which is utilized as the family's residence or business premises. Documentary proof of this must be certified by the sub divisional magistrate or the Municipality.

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