Post Graduate Diploma in Management – Banking, Insurance & Financial Services (PGDM BIFS)

Course
College Slug
/goamba/goa-institute-of-management-gim-goa/pgdm-bifs-banking-insurance-financial-services
Seats
120
Grade
Mode of Study
Duration
24
Duration Time
Display Order
14
Tab Name
PGDM-BIFS
Application Status
Placement Reports URL
https://gim.ac.in/sites/default/files/inline-files/PGDM%20FLAGSHIP%20PLACEMENT%20REPORT%202023-25.pdf
Highlight

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) is two-year full time MBA equivalent residential programme. GIM Goa PGDM BIFS course is designed for individuals who like to become a financial analyst, a business analyst, an audit manager, a branch manager of a financial institution.

Course content is primarily industry driven with flexibility in quickly adapting to the changing dynamics of the industry. Continual engagement with industry partners for delivery of applied content, internships and placements in undertaken.

Fees Component
Currency
Amount
2145000
Admission Process Title
GIM Goa PGDM BIFS Admission Process
Admission Process

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) Admission Process 2026 to admit students with the following profile mix:

  • Experience in working in financial Sector
  • Related Qualification Profiles
  • Aptitude & Interest in BIFS

While in the most MBA programme, a cut off score in entrance exam is kept as an important criterion for admission, in GIM Goa 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 candidates shall be invited in selected cities for Achievers Round. All other candidates shall be interviewed online for regular round. Shortlisted candidates will also need to complete an online Written Aptitude Test (WAT), with the date to be announced in due course.

GIM Goa Admission Process 2026

  • Apply Online: This is the first step.
  • Achievers Round: If shortlisted for Achiever Round, appear in interview and get spot admission offer
  • Regular Round: If not shortlisted for Achievers Round, you can get shortlisted in Regular Round based on CAT/ XAT/ GMAT scores. Merit list is released for regular round.
  • Admission Letter is issued to selected candidates.

GIM Goa Achiever’s Round
The Achiever's Round of GIM Goa is a profile-based shortlisting process that evaluates candidates based on program-specific or other achievements in areas such as academics, sports, co-curricular activities, and professional experience. This round applies to all programs based on the candidate's first preference. 

Candidates are shortlisted for the Achiever's Round without considering CAT/ XAT/ GMAT scores initially, which is factored in at the later stage. Select candidates from the Achievers Round receive a spot admission offer, even before their CAT/XAT/GMAT scores are available. GIM Goa Achiever Round interviews are conducted in Delhi, Goa and Kolkata. 

Curriculum

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) programme curriculum offers regular engagement of students with industry experts by way of classroom lectures, seminars and one-on-one mentorship (internships). After completion of three terms in the campus, students are required to immediately join their respective companies to do internship projects in the areas of banking, insurance or financial services. 

GIM Goa PGDM BIFS course content adapts to evolving industry needs, covering Digital Banking, Fintech (Blockchain, Payment Tech, Wealth-tech, Insurtech, Reg tech), and AI for Banking. This sets GIM apart from others. Students are encouraged to work on live company projects in order to become fully capable of comprehending actual business situations and applying appropriate tools and techniques of BIFS to get enhanced insights into/around the issues/problems sensed by them so as to devise optimum solutions. The program covers various management domains, with a mix of core and elective courses, a Give Goa project, Summer Internship Project. 

How to Apply Title
GIM Goa PGDM BIFS How to Apply
How to Apply Description

To apply for admission at GIM Goa, candidates need to follow a simple step-by-step online process. First, register yourself on the official website using a valid email ID and mobile number. After registration, verify the OTP sent to your registered contact details. Next, fill out the online application form carefully with all required academic and personal information. Then, upload the necessary supporting documents and complete the process by paying the registration fee online. 

GIM Goa How to Apply - Steps to Follow

  • Register yourself
  • Verify OTP
  • Fill application form online
  • Upload required documents
  • Pay registration fee

The GIM Goa application fee varies based on the number of programs applied for and the application rounds with respective deadlines. Candidates can benefit from lower fees by applying early under the First Mover or Early Bird deadlines. Check details in the table below. 

Application Round
Application Deadline
Application Fees for One Program
Application Fees for Two Programs
Application Fees for Three Programs
Application Fees for Four Programs
First Mover
Oct 23, 2025
Rs.1750
Rs.2000
Rs.2250
Rs.3000
Early Bird
Nov 27, 2025
Rs.2000
Rs.2250
Rs.2500
Rs.3500
Achiever Round
Dec 4, 2026
Rs.2500
Rs.3000
Rs.3500
Rs.4250
CAT Deadline
Dec 23, 2025
Rs.2500
Rs.3000
Rs.3500
Rs.4250
Last Date
Jan 02, 2026
Rs.2500
Rs.3000
Rs.3500
Rs.4250
Eligibility
Eligibility Title
Eligibility Criteria
Eligibility Description
  • GIM Goa Admission Eligibility Criteria require Minimum 50% aggregate marks in Bachelor’s Degree.
  • Candidates in the final year of the degree can also apply.
  • Applicant should apply and appear in one of the acceptable entrance exams CAT/ XAT/ GMAT and score well to be eligible for shortlisting 
Eligibility Education Requirements
Candidates appearing for the final year of the bachelor’s degree/equivalent
Exams and Cutoff
Exam
Score
80
Percentile(%)
Exam
Score
80
Percentile(%)
Exam
Score
500
Percentile(%)
Selection Process
Selection Process Description

GIM Goa PGDM Banking, Insurance & Financial Services (BIFS) admission selection process is based on various selection parameters including entrance exam scores, GAAT Scores, past academic performance, work experience, and face to face evaluation. Entrance exam scores have the highest weightage of 40%. Check details in table below. 

GIM Goa Final Selection Weightage 
The weightages for various components in final selection round are:

Selection Process Title
Selection Process
Add more Selection Process and Weight
Selection Process
Weight
40
Selection Process
Weight
30
Selection Process
Weight
10
Selection Process
Weight
5
Selection Process
Weight
5
Important dates
Important Dates Name
Application open
Start Date
End Date
Placement Highlight
Batch Year
2025
Salary term available
Salary term
Currency
Total fees
1451000
Salary term
Currency
Total fees
1540000
Salary term
Currency
Total fees
2730000
Salary term
Currency
Total fees
100
Batch Year
2024
Salary term available
Salary term
Currency
Total fees
1540000
Salary term
Currency
Total fees
1550000
Salary term
Currency
Total fees
2230000
Salary term
Currency
Total fees
100
Flagship Programe
Off
Short Name for Sections Menu
GIM Goa PGDM BIFS
Exam Accepted
Average Salary
Rs. 14.51 LPA
Entrance Exam Score
On
Academic Performance
On
Personal Interview (PI)
On
Work Experience
On
WAT
Off
Others
On
Total fees
Rs. 21.45 Lakhs
Scholarships

GIM Goa Scholarship schemes are available for all the PGDM programs. GIM offers many institute-based and corporate sponsored scholarships to students in 1st and 2nd year to reduced financial burden. Details of GIM Goa Scholarships are given below:

GIM Goa Scholarship Schemes
Key details of the GIM Goa scholarship Amount for different schemes is shared below:

  • PGDM: Rs 500,000; Total 45 Scholarships
  • PGDM-HCM: Rs.500,000; Total 7 scholarships
  • PGDM-BDA: Rs.500,000; Total 21 Scholarships
  • PGDM-BIFS: Rs.500,000; Total 7 Scholarships
Program ID
275