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Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director

Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director

Edited By Team Careers360 | Updated on Jan 12, 2022 06:20 PM IST | #GIM Goa

Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director - Goa Institute of Management is one of the top B-Schools in India. GIM, not only known for providing value-based education but also ace in the extra-curricular activities. The curriculum of the GIM PGDM programme helps the students in their overall growth and make them ready for the industry. Careers360 brings you an exclusive interview with Dr.Ajit Parulekar, Director of Goa Institute of Management. He shares all about the institute, the admissions process and other important aspects. Goa Institute of Management offers PGDM programmes in Health Care Management, Big Data Analytics and Banking Insurance and Financial Services. Read the article to know more about Goa Institute of Management.

Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director
Goa Institute of Management: Interview with Dr. Ajit Parulekar, Director

Q. Tell us something about the institute; when it was set up, vision and mission

Dr. Ajit Parulekar: Goa Institute of Management (GIM) is a business school in Goa, India offering quality education in the field of management. It is AICTE approved and accredited by SAQS. GIM is also a member of the AACSB. GIM has been ranked 35 for MBA/PGDM by NIRF 2021 and ranked 9 for Private MBA by The Week 2020. The Institute offers PGDM (full-time), PGDM (part-time) and FPM programmes.

Goa Institute of Management was founded in 1993 when Romuald D'Souza who had also served as the Director of XLRI – Xavier School of Management Jamshedpur and Xavier Institute of Management, Bhubaneswar moved out to create a centre of Learning and Excellence in Goa. GIM began its journey with a modest setting of few classrooms at the V. M. Salgaocar College of Law and a batch size of 60 students. This was a beautiful 350 yr old heritage campus was situated on the banks of the serene Mandovi River, in the Santa Casa de Misericordia in Ribandar. The building in which the school was is now an heritage conservation area and is under the care of Government of Goa. In 2009, the Institute shifted to a sprawling campus in the lap of nature at Sanquelim. This 50 acre campus is eco friendly and has a state of the art solar power generation and water treatment plant facility.

Graphic Era (Deemed to be University) Admissions 2024

NAAC A+ Grade | Highest Package (2024)-54.03 LPA

UPES MBA Admissions 2024

Ranked #39 amongst institutions in Management by NIRF | 100% Placement | Last Date to Apply: 20th July

Vision “to be a preeminent business school at the forefront of management education and research. We will create transformative leaders focussed on responsible, ethical and sustainable business practices.”

Mission to develop responsible and agile leaders at the forefront of cutting-edge business practices

Q. Tell us something about the admission process?

Dr. Ajit Parulekar: The GIM admission process to all four Post Graduate Diploma in Management programmes are strictly based on merit. Applications for admission to full time PGDM programmes are invited from graduates with a minimum 50% aggregate in Bachelor’s Degree. The assessment of an applicant is on the basis of the candidate's profile, meeting the qualifying scores in competitive exams such as CAT, XAT, CMAT and GMAT. Followed by group discussion, personal interview and written ability test.

Q. What kind of infrastructure can students expect at the institute? Please elaborate?

Dr. Ajit Parulekar: The Goa Institute of Management library is well-stacked with a collection of over 24800 management and related books, alongside access to 50,000 online journals. GIM subscribes to all relevant academic databases including Bloomberg Terminals, Thomson Reuter Terminals, CMIE Databases, EBSCO, Proquest, Indiastat, EPWRFITS, J-Stor, Science Direct, Indian Business Insight (IBI), and more.

State of the art labs: Finance Lab, Data Science Lab, Behavioral Lab, Bloomberg Lab, Thomson Reuters Lab

Sports and fitness infrastructure: Badminton Court, Basketball Court, Cricket Ground, Football Ground, Swimming Pool, Table-Tennis, Lawn-tennis Court, Volleyball Court and Gymnasium. We have on-campus residential facilities with single room, double room facilities on offer.

Q. There is a lot of stress that is being made with regard to interaction with the industry as well as companies that recruit. What are the steps being taken by the institute in this direction?

Dr. Ajit Parulekar: We have a strong network of over 5000+ alumni spread across the globe and 25 skill-enhancing student clubs. Almost all our activities on campus are handled by student committees. This initiative has slowly become GIM’s strong USP “Student-driven-Campus”.Our students manage the industry and recruiters. They have been consistently doing a fantastic job. This year we had all four programs announcing 100% placement for the batch of 2022 in December itself.

Q. Internships are now mandatory as per AICTE guidelines. Does the institute help students with this? If so, how?

Dr. Ajit Parulekar: Yes, we follow all the guidelines of AICTE. We support and mentor students for their internships and as mentioned earlier, ours is a “Student-driven-Campus”. Each PGDM program has a placement committee composed of students and a faculty mentor. A host of companies conduct recruitment drives on campus and select students who fit their organization’s ethos.

Q.Can you please share details if there is any collaboration with universities abroad?

Dr. Ajit Parulekar: Our partners include University of Catolica & ISCTE Business School, Lisbon (Portugal), University of Antwerp (Belgium), Lappeenranta University of Technology (Finland), and CUNEF Spain.

Recently we have partnered with the following:

1. Jimma University, Ethiopia

2. KUSOM, Nepal

3. HEM, Morocco

4. FGV, Brazil

5. The American University of Bangladesh

Q. Please share placement statistics with information on the average package, highest and lowest package, number of students placed and details of companies that have recruited.

Dr. Ajit Parulekar: Every year 100+ recruiters visit the GIM campus for the placement procedure. This year, for PGDM degree the highest package offered is Rs, 27.80 Lakhs whereas the average package is Rs. 12.00 Lakhs. The top recruiters are Accenture, asian Paints, ITC, Infosys, HCL, Deloitte, CitiBank, ICICI Bank and many others.

For the PGDM HCM course, GIM maintained its 100% placement record with the highest package of Rs. 26 LPA whereas the average package offered is 10.4 LPA. Talking about PGDM in Banking and Financial Services (BIFS), the placements sets the record of 100% with the highest package of 17.20 LPA whereas the average and lowest package in PGDM BIFS are Rs. 11 LPA and Rs. 7.95 LPA respectively. PGDM-BDA set the new benchmark record of Rs. 30.17 LPA.


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Questions related to GIM Goa

Have a question related to GIM Goa ?


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:

  1. PGDM: Full-time program
  2. HCM: Healthcare Management
  3. BDA: Big Data Analytics
  4. BIFS: Banking, Insurance and Financial Services
  5. IDA: International Double Degree
  6. PGDM (MBA): A two-year, fully residential program

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 :

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 :

Hope this helps you.

Correct Answer: IKMG

Solution : Given:

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.


With your CAT percentile and work experience in the telecom industry, you have a good chance of getting admission to some reputed MBA/PGDM colleges. While I do not have access to specific admission criteria for each college, I can provide some general guidance. GIM Goa, or Goa Institute of Management, is a well-regarded B-school. Your CAT percentile and work experience make you a competitive candidate for admission. However, admission decisions also depend on various other factors like academic records, extracurricular activities, and performance in the selection process, which includes group discussions and personal interviews.

Hope this helps you,

Thank you

Dear Aspirant,

If the last date to fill the form has passed, then you can’t fill it now. You could go for some other college or wait till next year’s admission process begins.

Hi Aryan,

Hope You are doing well !

To answer your query, GIM PGDM would be the best option, though all the institutes are really good, but GIM has better exposure and better placements in comparison to IMT and FORE.

Below is the placement statistics given for your reference.


Statistics (2021)

Statistics (2022)

Highest package

INR 25.60 LPA

INR 27.83 LPA

Average package

INR 10.71 LPA

INR 12.14 LPA

Top 20 average package

INR 16.65 LPA

INR 19.19 LPA

Top 50 average package

INR 14.43 LPA

INR 16.79 LPA

Top 100 average package

INR 12.67 LPA

INR 14.52 LPA

Top 200 average package


INR 12.65 LPA

Hope my answer was helpful.

Thank You.

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