Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director
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.
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Questions related to GIM
PGDM in banking insurance and financial service (BIFS) course of GIM goa should i take it or not
For admissions, student must be graduate with minimum of 50 per cent. And, it is must to take at least one of the entrance exam out of CAT, XAT or CMAT.
The cutoff for last stood at 81 per cent for XAT, 87 per cent for CAT and 97.5 per cent for CMAT.
For selection process, students academic record is being evaluated with result in qualifying exam. The sections are made basis overall profile including GD and PI evaluation.
work experience to be eligible?
A:It is not necessary to have work experience. However, it adds value to your profile if the experience is relevant. Additionally, freshers with good knowledge and confidence are equally welcomed here.
The leading private banks such as HDFC Bank are already associated with us, and other HDFC group companies such as HDFC Ltd, HDFC Life have also expressed strong interest and support. They have received inputs and support from ICICI Bank, Tata Goup companies such as Tata Capital, Tata AIA and Tata AIG also visit for placement. Highest salary offered in the BFSI space witnessed a drastic jump in the last placement season with a package of Rs 24.37 lakh per annum.
college facilitate internships?
A:Yes, they do offer internships to students. These are generally longer duration internships stretching to six months. Most of the companies are from finance industry such as HDFC Bank, HDFC Insurance, ICICI banks and Insurances, etc.
possible for a student to switch to another programme during the tenure?
A:Switching between programmes is not allowed. Stream once chosen at entry remains same for the next two years. Electives from that curriculum will be required to be chosen.
In what range is the CMAT cut of for Great lakes Chennai and Goa Institute of management?
The previous year CMAT cutoff for Goa Institute of Management, Goa was 99.8 percentile which means you need a score of 300+ and as far as Great Lakes Institute of Management, Chennai is concerned , you need a score of 280+. The cutoff percentile has always been 90+. But note that Great Lakes always considers other factors like past academic records, work experience (if any), interview equal importance ,so the selection will be done in an holistic manner.
You may checkout the below link for CMAT cutoffs of various colleges:
All the best
i applied through cmat but i didnt fill the cmat application number and roll number in gim form. how do i edit it after submitting the form?
Do not worry,according to their help desk information and guidelines,You will be receiving an e-mail from the institute for updating the CMAT information in your application form. The deadline for the same shall be intimated in the coming days.If you are still concerned you can very reach out to them regarding the same through their official mail id or contact number , they will assist you.
All the best
i have got 82.11 percentile in cat,with 2.5 yrs experience in TCS,with a 9.5 cgpa in 10th,90.5 percent in 12 th and 8.85 cgpa in Btech.Will i be shortlisted for Goa Institute of Management
Last year the last CAT percentile cutoff for getting a Call at Goa Institute of Management was 87 Percentile, with the XAT Cutoff at 81 Percentile. I believe with a 82.11 Percentile, having a strong academic record as well as a good work experience, you must keep you fingers crossed and hope for the best, as you may still have bleak chances in GIM Goa.
For more information about Goa Institute of Management do follow the link below
For more information about institutes accepting candidates with CAT percentile between 80 and 90 do follow the link below
percentile required to convert into GIM (not achievers round)
The percentile required for GIM PGDM course admission cut off for the previous year 2019 is like CAT percentile-87 percentile
For XAT- 81percentile
For GMAT-600 score
For CMAT-97.87 percentile,is required for taking admission in Goa Institute of Management which is a top B school management College among top 25 B school in India.
Hope this helps.