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How is the average package at Goa institute of management?

ST
Sanjukta Tripathi Posted On : April 30th, 2022
lives in New Delhi

During the 2022 placement drive, GIM average package was INR 12.02 LPA. Here are the average package details for the 2021 and 2022 placement drives.

Particulars  2022 statistics 2021 statistics
Average CTC  INR 12.02 LPA INR 10.71 LPA
Top 20 average CTC  INR 19.05 LPA  INR 16.65 LPA 
Top 50 average CTC  INR 16.60 LPA INR 14.43 LPA
Top 100 average CTC INR 14.36 LPA INR 12.67 LPA

Compared to 2021, the average package went up by 4% in 2022. 

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Which is better between PGDM (B&FS) at IMI Delhi and PGDM at Goa Institute of Management?

VS
Vikas Sethi Posted On : October 27th, 2020
PGDM Banking and Financial Services, International Management Institute (2020)

IMI Delhi's B&FS program is an industry-oriented finance program which has Financial Markets & Services, Wealth Management, Bank Management, Business Analytics, Treasury Management etc, as its subjects. Students also get to participate in 'live projects' to familiarise themselves with corporate work besides the summer internships.

On the other hand, GIM's PGDM program is its flagship program which has NBA and AMBA accreditations.

The table below highlights some of its features:

Parameters

IMI Delhi PGDM (B&FS)

GIM PGDM

Placement Percentage

100

100

Campus size 

3 acres

50 acres

Total Seats

240

240

Fee 

INR 9.2 LPA

INR 85,000

Average Package 

INR 12.5 LPA

INR 11.4 LPA

Faculty:Both institutes have an excellent faculty of 7-10 faculty members with PhDs and accolades from Wharton Business School, IIM, Smith School of Business etc.

Infrastructure 

IMI Delhi

  • It has the WML Library with more than 25,660 books; it also has the RPG Auditorium and more than 30 academic and cultural clubs. The Jaagriti Social Cell is one such popular social service organization.
  • The institute also has international collaborations with Kedge School of Business, France; The Universidade do Estado do Rio de Janeiro, Brazil; Suleman Dawood School of Business, Lahore, Pakistan etc , amongst others.

GIM

  • It has a good IT Infrastructure with servers from IBM and HP. 
  • GIM has a fully WiFi campus with a Finance Lab in it with 10 terminals of Thomson Reuters.

Placements

GIM

  • PGDM program has had a 100% rate in 2019. 
  • 39% of its students joined the BFSI sector and the lowest 3% went into Automobiles and Real Estate. GIM saw a 32% increase in PPOs.
  • The highest CTC in 2019 was given to the Marketing students, which was 34 LPA.
  •  The highest salary given to HR students was the lowest in comparison to other fields, which was 16 LPA. 
  • The top recruiters were VIP, Tata Capital, Ignify etc.

IMI Delhi

  • PGDM B&FS program saw a 25% rise in the highest package offered in 2019. 
  • 102 new recruiters participated in the placement proceedings with B&FS students receiving 17 LPA as its highest CTC. 
  • Darashaw, HDFC Bank, HSBC and Verity Knowledge Solutions were the major recruiters.

Students can decide on the basis of placement and infrastructure facilities listed above.

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What is the order of preference for a PGDM among KJ Somaiya, Great Lakes, GIM, and TAPMI?

RB
Rimjhim Banerjee Posted On : September 4th, 2020
PGDM from K.J. Somaiya Institute of Management Studies and Research (2019)

KJ Somaiya, Great Lakes, GIM, and TAPMI all of these are highly proclaimed institutes in India for management studies. Each of these institutes is good in different domains of management studies. KJ Somaiya and GIM are better for Finance. Whereas, GIM is reputed for Marketing.

In general, the order of preference should be as given below.

  1. KJ Somaiya
  2. TAPMI
  3. GIM
  4. Great Lakes

Given below is a comparison between the institutes.

Institutes

KJ Somaiya

T.A. Pai Management Institute or TAPMI

Goa Institute of Management or GIM

Great Lakes Institute of Management

Established

1981

1980

1993

2004

Accreditation

AIU, NBA

AICTE, AIU

AICTE, AIU, NBA

AICTE

Rank

56 (NIRF)

27 (NIRF)

48 (NIRF)

23 (NIRF)

Entrance exams

CAT/XAT/CMAT/GMAT

CAT/XAT/GMAT

CAT/XAT/GMAT/CMAT

GLAT/CAT/XAT/GMAT

Selection

Group Discussion and Personal Interview

Written Ability Test,

Group Discussion,

Collaborative Problem-Solving Ability,

Personal Interview

Personal Interview

Personal Interview

Course fee

14.93 laks

14.3 lakhs

15.93 lakhs

17.15 lakhs

Average CTC

10 LPA

12 LPA

11.7 LPA

10.14 LPA

Highest CTC

28.50 LPA

25 LPA

25.6 LPA

28.6 LPA

Top sectors

Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG and Manufacturing.

BFSI,

Consulting, FMCG and Retail,

IT, Analytics and E-Comm,

Manufacturing and Core

BFSI, Engineering/Manufacturing, IT/ITES,

Sales/Marketing, Consulting,

Others

BFSI, IT/ITES

Internet Business, Consulting,

Research,

Others (Real estate, events, manufacturing, education and auto)

Top recruiters

Polaris UK, Accenture, PwC and Target Inc., etc.

Deloitte, Capgemini, ITC, JP Morgan Chase, Yes Bank, KPMG, Wipro, etc.

AbInBev, Barclays, ITC, Deloitte, Reliance, Godrej, EY, JP Morgan, Signify, etc.

Aditya Birla Sun Life, Deloitte, Hexaware, KPMG, Axis Bank, Federal Bank, ICICI Bank, Wipro, etc.

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Which one is better for MBA-PGDM Finance NMIMS Bangalore or GIM Goa?

RB
Rinka Barua Posted On : October 5th, 2020
Studied at Goa Institute of Management (2017)

NMIMS School of Management Bangalore has been ranked at 29 for private MBA by Business Today in 2019 and offers a two-year full-time MBA-PGDM course with Marketing/HR and Finance specializations. Goa Institute of Management is ranked at 48 for MBA by NIRF in 2019 and offers a PGDM program across two-years with a Finance and Accounting specialization.

While both the institutions offer a well-structured program, let us look at some main points of difference that will help students in making an informed choice:

Admissions

Particulars

NMIMS Bangalore

GIM Goa

Admission criteria

Minimum 50% score in Bachelor’s degree.

Minimum graduation score of 50%.

Qualifying Exams

NMAT by GMAC

CAT/XAT/CMAT/GMAT

Total seats

60

60

Fees

16.50 Lakhs

16.98 Lakhs

Faculty

NMIMS Bangalore:

  • It observes a high number of research and guest faculty all through the academic session in order to help students have a fine educational experience.
  • The teachers are part of international conferences where students are given the opportunity to present their dissertations and research papers.

GIM Goa:

  • The faculty members are trained to teach students effective methods of organizational development and leadership.
  • They use creative techniques for teaching such as group seminars and laboratory exercises in order to develop important skill sets and ensure that students are industry-ready.

Infrastructure

NMIMS Bangalore

It has great infrastructure and offers a conducive learning environment for students. The entire campus is well-connected by high-speed internet, WYLAN, CCTV cameras, gated academic buildings and a hostel facility, which is distanced at 4 km from campus. It also offers free shuttle service for commuting, AI and computer labs and video-equipped classrooms.

GIM Goa:

It offers a well-stacked library which has a tie-up with the University of Ohio, a computer and finance lab, hostel facilities, and a sports complex. The campus has an in-built meditation room right across from the seminar hall which students are free to use. It also has a convenience store and amphitheater.

Placements

Particulars

NMIMS Bangalore

GIM, Goa

Highest CTC

21.4 LPA

25.6 LPA

Average CTC

1.1 LPA

11.72 LPA

Median salary

9.3 LPA

11.4 LPA

Top recruiters

Accenture, Ambuja Cement, Airtel

Axis Bank, HSBC, JP Morgan

The curriculum of NMIMS Bangalore focuses on implementing soft skills and communication strategies to students through workshops and seminars. On the other hand, GIM Goa has a good mix of core and elective subjects delivering the most updated developments in the finance and accounting sectors.

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Which one is better NMIMS Mumbai or GIM for a PGDM?

BA
Babita Agarwal Posted On : October 5th, 2020
Studied at SVKM's NMIMS (2018)

NMIMS Mumbai has been ranked at 57 for University by NIRF in 2019 and offers a total of 51 PGDM courses as part of its curriculum. Goa Institute of Management (GIM) on the other hand is ranked at 48 for MBA by NIRF in 2019 and offers four PGDM programs that are offered full-time across 2 years.

While both the institutions offer reputed and well-structured programs, let us look at some main points of difference that will help students in making an informed choice:

Admissions

Particulars

NMIMS Mumbai

GIM Goa

Admission criteria

Minimum 50% score in Bachelor’s degree.

Minimum graduation score of 50%.

Qualifying Exams

NMAT by GMAC

CAT/XAT/CMAT/GMAT

Course Type

Distance Learning Online

On-campus

Total seats

60

240

Fees

95, 200/-

16.98 L

Course Highlights:

NMIMS:

  • The courses in PGDM have all been designed in order to enhance students' skills by providing a curriculum that offers theoretical and practical subjects that allows them to get a holistic overall educational experience.

GIM:

  • The curriculum focuses on building the ideal foundation through subjects like Organizational behavior and Macroeconomics, which helps students get clarity in terms of the foundations of business.
  • Students also have the opportunity to complete a mandatory Summer Internship Project (SIP) across 8 to 10 weeks at the end of their first year.

Faculty

NMIMS:

  • For programs related to PGDM, the institution has a separate department of faculty members who are highly trained in management techniques and are responsible for providing students with the best online experience through discussing real-life case studies, maintaining an interactive session, and ensuring that students have understood concepts clearly.

GIM:

The faculty members are trained to teach students effective methods of organizational development and leadership. They use creative techniques for teaching such as group seminars and laboratory exercises in order to develop important skill sets and ensure that students are industry-ready.

Placements

Particulars

NMIMS Mumbai

GIM Goa

Placement Rate

50%

85%

Highest CTC

15 LPA

25.6 LPA

Average CTC

7 LPA

11.72 LPA

Top recruiters

RBS, Bajaj Electricals, TATA

Axis Bank, HSBC, JP Morgan

Based on the given points, students can make their choice regarding the best PGDM degree and institution.

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Which one is better between GIM PGDM and IMI Delhi HRM?

KS
Kshitiz Saxena Posted On : October 27th, 2020
PGDM Big Data Analytics, Goa Institute of Management (2021)

GIM PGDM has a faculty advisor facility for each of their students. The faculty advisor facilitates academic and professional guidance and keeps a track of a student's progress. On the other hand, IMI HRM is accredited by NBA as well as AMBA and it has a total of 8 faculty members with PhDs.

The table below showcases some of its features:

Parameters

IMI Delhi (HRM)

GIM PGDM

Placement Percentage

80

100

Campus size 

3 acres

50 acres

Total Seats

360

240

Fee 

INR 9.17 LPA

INR 85,000

Average Package

INR 8-9 LPA

INR 11.4 LPA

Admission

  • The admission process is based on merit and students need 50% or above marks in graduation and passing marks in Masters for both the programs. 
  • Additionally, CAT/XAT/CMAT/GMAT qualification is also needed.

Infrastructure

  • IMI Delhi is air-conditioned; it has a BOC Conference Room; RPG Auditorium and the Williamson Magor Library.
  • GIM has a residential campus with a swimming pool, basketball court, a library with a tie-up with the University of Ohio; a Finance Lab, and a data mining center as well.

Placements 2019-20

GIM

  • In 2019, saw 100% placements. The main summer internship areas were in Consulting, E-commerce, Education, IT, FMCG, Retail, and Exchange Program.
  • Over 35 PPOs were offered, with an average of 12.85 LPA. A total of 164 companies visited for placements, including 44 new companies. Students were offered 34 LPA as the highest international CTC and 24 LPA as the highest domestic CTC.
  • The major recruiters at GIM were Reliance, EY, Cognizant, and Godrej.

IMI Delhi

  • In 2019, the HRM program saw a 46% new recruiters and a 25% increase in the number of PPOs.
  • 39% of students chose to work with Axis Bank, Tata, ICICI Bank, etc in the financial sector; 9% went into the logistics sector; 7% got recruited by the FMCG sector and 21% went into consultation services.
  • The highest CTC offered to HRM students at IMI Delhi was INR 13.35 LPA and the average offered was 11.84 LPA. The major recruiters were Reliance, BMW, Indian Oil, and Nestle.

Students can choose the program of their liking based on the factors above, with future prospects in mind and resource utilization.

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What is the best course of action if one has to choose between NMIMS Bangalore, GIM and TAPMI?

RN
Rachana Nag Posted On : October 5th, 2020
PGDM Marketing & Human Resources, T. A. Pai Management Institute (2019)

When deciding between three institutes like NMIMS, TAPMI, and GIM, one can compare various parameters like courses offered and placements. More importantly, eligibility is also another important criterion to consider when applying for admission to either of these institutes. The following points highlight these aspects:

Courses Offered:

  • NMIMS offers the widest range of courses ranging from B. Tech, B. Arch, MCA, MBA, PGDM as well as B. Pharma.
  • GIM Goa mainly offers courses based on PGDM in HCM, BDA, BFSI, and FPM.
  • TAPMI offers PGDM courses as well as Executive PGDM courses and PhDs in General HR, Finance Services and Sales, etc.

Placements:

NMIMS Mumbai:

  • The college has a brilliant placement record with about 166 different companies visiting the institute this year.
  • The MBA program has the highest salary package of INR 34.11 lakhs per annum.
  • Students from the institute are recruited into several sectors like power, education, e-commerce, logistics, media, telecom among others.
  • The average salary package offered is INR 17.58 lakhs per annum with companies like Cognizant, Deloitte, IBM, Kotak Mahindra Bank, etc. recruiting students annually.

GIM Goa:

  • The passing batch of 2018-2020 witnessed an increase of 12% in salary this year.
  • About 69 companies visit the institute with BFSI having the highest recruitment in PGDM.
  • The highest pay package offered is INR 25.6 lakhs per annum with the average salary package of INR 12.25 lakhs per annum.
  • Companies like ITC Limited, Reliance, CCD, Jio, Mahindra, Tata Capital, and HP are some of the recruiters at the institute.

TAPMI Manipal:

  • The university has a stellar unbroken placement record of 100% for the last 30 years.
  • Students are offered various jobs in sectors like HR, Banking, and Finance as well as Healthcare.
  • A total of 126 different companies visit the college with the highest salary package offer of INR 20 lakhs per annum and an average package of INR 12 lakhs per annum.
  • Companies recruiting students include Microsoft, Airtel, Wipro, CTS, and Accenture.

Finally, applicants can also make a choice depending on the fee structures of the courses offered to make a final choice between these three institutes.

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Which institute is doing better currently (in terms of industry exposure, placements and the profiles offered) among Tapmi, KJ and GIM?

AS
Avinash Sabharwal Posted On : March 9th, 2023
Lives in Mumbai, Maharashtra, India (2019–present)

When it comes to choosing between KJ, TAPMI, and GIM, it's important to consider the specific specializations you're interested in. In general, KJ tends to have an edge over TAPMI and GIM in most areas, except for IT and HR. TAPMI has recently started a specialized course in HR and sees good placements in IT, making it a good option for these two specializations. However, for other specializations, KJ is often considered the top choice.

When it comes to marketing, GIM tends to be preferred over TAPMI. However, for other specializations, TAPMI tends to be a stronger option.

Overall, if you're looking for a well-rounded MBA program that offers strong placements across a variety of specializations, KJ is often the top choice. However, if you're interested in IT or HR, TAPMI may be a better fit. And if you're specifically interested in marketing, GIM may be the better option. Ultimately, the choice between these schools will depend on your specific interests, career goals, and personal preferences. It's important to thoroughly research each program and consider all of the factors before making a decision.

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What is your review of Goa Institute of Management?

MF
Maliha Fatima Posted On : April 16th, 2021
Studied Post Graduate Diploma in Management at Goa Institute of Management (2020)

To rate a specific school, there are five parameters to be seen -

  • Faculty & Curriculum - The curriculum at all the B-schools is more or less similar. The difference lies in the type of faculty. The faculty-student ratio at GIM is 17:1 and the faculty is undoubtedly flattering.
  • Peer Group – The cut-off for GIM’s CAT and XAT is nearly 85-88 marks. This attracts students who have a lot of talent and potential and belong to different backgrounds. The age barrier is not much for GIM as well. Therefore, GIM provides one of the best peers for further studies.
  • Infrastructure – Goa Institute of Management has one of the best campuses across all West India and it is considered as the state of the art.
  • Industry Interaction and Placements – The college offers an average package of almost 9.5 lakhs and the highest package goes up to 25.6 lakhs and that is why the placements seem satisfactory.
  • Alumni -With alumnus settled in different industries with different portfolios, the Goa Institute of Management is considered satisfactory in this aspect too.
  • Other Factors – Goa Institute of Management is accredited by AACSB and it also has an international exchange program collaborated with the University of Antwerp, Warsaw University of Technology Business School, Poland and Hochschule, Germany.

GIM also offers an internship which is in collaboration with the University of Antwerp. It is called The Joint International Internship Seminar (JIIS). The intensive Joint International Internship Seminar is a two-week program. This program is held every year in September.

Students that belong to Belgium and those of GIM work together on the practical projects in Goa. The program gives an opportunity to the students to have a work experience 

GIM also has foreign language courses for its full-time students. These courses are offered in French, Portuguese, German, and Spanish. They are offered in collaboration with Alliance Francaise De Goa, Instituto Camões, Panjim and Indo–German Educational and Cultural Society and Communicare, Goa respectively. Therefore, it can be concluded that GIM is one of the best Tier 3 colleges in India.

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Which college would be best between management colleges like TAPMI Manipal, GOA Institute of Management, Great Lakes Chennai, and FORE Institute Delhi?

AJ
Advait Joshi Posted On : April 18th, 2023
Lives in Mumbai, Maharashtra, India

Based on location, reputation, and potential for job placement, the first college on the list, "Great Lakes," is the best, but it is only for people with work experience and not for freshers. 

"FORE," located in Delhi, is the second best college and its institutional location makes industry exposure easy. 

"Goa Institute," is not as good as the first two but still has good characteristics. 

Last on the list is "TAPMI," which lacks a strong alumni base, and its graduates may have less networking and job chances than graduates from other universities with larger alumni networks.

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