Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director - Founded in 1993, Goa Institute of Management, a private autonomous business school offers PGDM programmes in Health Care Management, Big Data Analytics and Banking Insurance and Financial Services. Ranked 48th in the NIRF India Rankings 2020 for Management, GIM also is a member of AASCB. In an interaction with Dr. AjitParulekar, Director, Goa Institute of Management, Careers360 brings forth details about the institute’s mission, programmes, accreditation, admissions and placement statistics. Read the article to know more about Goa Institute of Management.
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Careers360: What are the different programmes and specializations that the GIM has to offer?
Dr. Ajit Parulekar: We have around 240 places in PGDM general management programmes. For the last ten years we have not increased this; we have kept it as it is. We have seen a huge growth in our specialized programmes because we think that is what today’s industry needs.
Careers360: Kindly give details on the institute’s ranking and accreditation?
Dr. Ajit Parulekar: GIM has been recognized by AICTE, SAQS. Probably in two years from now we expect to start with the EQUIS process too. We have also adopted the AMBA process. We are also ranked 48 in the NIRF management rankings for 2020.
Watch the full interview of Dr. Ajit Parulekar
Careers360: What are the admission criteria? Please give details on the cutoff required to avail admissions?
Dr. Ajit Parulekar: All shortlisting and interviews are purely based on the exam cutoff scores, the candidate’s previous academic as well as performance in GDPI, work experience, etc. As far as cut offs are concerned, we do have some eligibility requirements for shortlisting. The cut off for CAT last year was 88%, for CMAT the cut off was 98.5% and for XAT it was around 82-83%.
Careers360: Throw some light on the diversity prevalent in GIM’s campus.
Dr. Ajit Parulekar: We totally believe that a diversified classroom and college enhances learning. Students coming from different economic, geographic backgrounds and having industry experiences really make the discussions multifaceted in the classroom. We also want students to come from arts, medicine and commerce backgrounds. As far as gender diversity is concerned, around 41-43% in the institute are girls while the rest are boys. We have students coming from every conceivable academic course. I am also proud to say that we have students hailing from all the 28 states of the country.
Careers360: What is the placement procedure and what is the highest salary package being offered to the students?
Dr. Ajit Parulekar: Luckily, all the full time programmes had 100% placements last year. The average salaries have gone up from 10.7 Lakhs to 12.25 Lakhs. We have recruiters coming from all the sectors such as banking, insurance, IT, pharmaceutical, hospitality, manufacturing, etc. Also, we have a lot of big companies coming to the campuses for the recruitment process. The reputation of GIM plays a huge role in driving the companies to the campus
Careers360: Is there any hostel facility? Please give details.
Dr. Ajit Parulekar: Yes, all of our full-time programmes are residential ones. We have a campus spread over 50 acres of land. The hostel has separate rooms for boys and girls. Students in their first years live in shared rooms because we want them to get the cultural experience of living with someone coming from a different background. The students get a single room to stay from their second year.
Careers360: Does GIM also provide scholarships?
Dr. Ajit Parulekar: Yes, we introduce scholarships every year for students coming from challenging financial backgrounds. Students who get the scholarships do not have to pay academic tuition fees at all. We provide 40 scholarships every year worth 4 lakhs to each student. We also have 5 scholarships for MBBS students. Our scholarship also enables students to go for international exchange programmes.
Careers360: Do you think by 2025 GIM will attain the triple crown?
Dr. Ajit Parulekar: Absolutely. That’s what our target is.That will be a big win and an added bonus.
Careers360: What kind of students should be looking at GIM?
Dr. Ajit Parulekar: GIM would want students who want to make an impact in the world. It is not only about coming here and getting out with a degree and bagging a good placement but believing that they will be leaders leading in industry and society too. We want our students to view their education in that light, ask themselves what they can do for the community, to uplift the society, community and their family.
On Question asked by student community
Hello,
Studying MBA Finance from NIA Pune or NIBM Pune can be valuable if you aim to specialize in insurance, banking, or financial services. These institutes focus on niche domains, offering strong industry connections, sector-specific curriculum, and placement opportunities in reputed organizations within their respective fields. However, if you're looking for broader career prospects and better brand recognition, GLIM Chennai or GIM Goa may be better choices. Both are well-regarded for their comprehensive programs, diverse peer groups, and strong placement records across various sectors.
https://www.careers360.com/colleges/national-insurance-academy-pune
https://www.careers360.com/colleges/national-institute-of-bank-management-pune
Hello Varun,
Based on your CAT raw score and profile, here's a breakdown of your potential calls and your chances for different institutes:
1. GIM Goa, GLIM Chennai, IMT Ghaziabad, IMI Delhi:
Overall, you can expect a call from institutes that weigh work experience and academic performance heavily, but you should also be prepared for lower-tier institutes in terms of CAT score cutoffs. Ensure you target institutes that match your profile for better chances.
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hii,
If banking, finance, and insurance are of interest to you, pick GIM Goa (BFSI); it has a strong brand and excellent industry connections.
If you enjoy managing factories, supply chains, or logistics, SIOM Nashik (Operations) is the best option. It's a specialized field with excellent operations.
Overall, IMI Bhubaneswar (PGDM) is respectable, but not as good as SIOM or GIM.
GIM Goa (BFSI) is the best choice overall because of its superior brand, placements, and potential for expansion.
SIOM Nashik is the best for operations only.
Hey,
The Goa Institute of Management (GIM) is a private business school in North Goa, India. It was founded in 1993 by Jesuit priest Romuald D'Souza.
GIM offers six programs, including:
GIM is accredited by the Association of MBAs (AMBA) and GSBN. It is also approved by the AICTE and accredited by the NBA and SAQS. In 2023, NIRF Ranking ranked GIM Goa 36th in the "Management" category.
GIM's alumni are connected to many leading companies, including Fortune 500 enterprises. Final year students can manage a placement with the mentorship of the Placement Director to map out opportunities in prestigious companies.
For detailed information please visit : https://gim.ac.in/
T. A. Pai Management Institute (TAPMI) is a private business school in Manipal, Karnataka, India. It was established in 1980 and is known for its management excellence.
TAPMI offers full-time MBA programs in various specializations, including:
General, Marketing, HRM, BKFS, MBA - BFKS, MBA - HRM, MBA - Marketing/ MBA (International Business).
TAPMI is recognized by the AICTE and accredited by the Association to Advance Collegiate Schools of Business (AACSB) International and the Association of MBAs (AMBA).
For detailed information please visit : https://www.tapmi.edu.in/
Hope this helps you.
Correct Answer: IKMG
Solution : Given:
G_KMI_MGK_GIM_IK
To fill the series we have to divide the series – G_KM / I_MG / K_GI / M_IK
Let's check each option –
First option: IIKK; GIKM / IIMG / KKGI / MKIK (No repeated pattern has been found.)
Second option: MGIK; GMKM / IGMG / KIGI / MKIK (No repeated pattern has been found.)
Third option: GGMI; GGKM / IGMG / KMGI / MIIK (No repeated pattern has been found.)
Fourth option: IKMG; GIKM / IKMG / KMGI / MGIK (At each step, the second letter shifts to the first position, the third letter shifts to the second position, the fourth letter shifts to the third position and the first letter shifts to the fourth position.)
So, the series becomes GIKMIKMGKMGIMGIK. Hence, the fourth option is correct.
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