GIM
BIFS

GIM PGDM BIFS: Fees, Admission 2027, Curriculum & Placements

Student guide to Banking, Insurance & Financial Services at Goa Institute of Management

Goa Institute of Management · Official BIFS Admission Page ↗
Duration2 years
Latest Fee₹21.45 L*
Intake120
Batch 2024-2671 students
On this pageBIFS at a GlanceAdmission 2027-29Fees & ScholarshipsCurriculum & Industry FocusCareer & PlacementsWho Should Choose BIFS?FAQs

GIM PGDM BIFS: What Is the Programme?

GIM's PGDM in Banking, Insurance & Financial Services is a two-year full-time residential programme focused on practical and application-oriented management learning for the BFSI sector. GIM says its course content is industry driven and designed to adapt to changes in banking, financial services, insurance and fintech.

Do you need a commerce or finance background?

No. GIM's BIFS FAQ explicitly says graduates from any background can apply if they meet the programme's general eligibility requirements. The programme does, however, have profile-specific Achiever's Round criteria for candidates with qualifications such as CA, CS, CMA, CFA, ACCA, CIMA, CPA or FRM.


GIM BIFS Admission 2027-29

RequirementDetails
GraduationMinimum 50%; 45% for SC/ST under the stated criteria.
Accepted examsCAT 2026, XAT 2027 or eligible GMAT.
First Mover22 October 2026
Early Bird19 November 2026
Achiever's Round deadline3 December 2026
Last application date4 January 2027

GIM's common selection framework evaluates objective assessment, academics, work experience, face-to-face evaluation and profile/diversity. The BIFS Achiever's Round can be especially relevant to candidates with recognised professional qualifications or strong academic profiles.


GIM BIFS Fees & Scholarships

*The latest published 2026-28 academic fee for BIFS is ₹21.45 lakh. The 2027-29 fee is not yet published.

2026-28 componentAmount
Instalment 1a₹50,000
Instalment 1b₹4,90,000
Instalment 2₹5,30,000
Instalment 3₹10,75,000
Total₹21,45,000

GIM lists up to 7 BIFS ACCESS scholarships of ₹5 lakh each for candidates holding specified professional qualifications such as CA, CS, CMA, CFA (US), ACCA, CIMA, CPA (US) or FRM, subject to the detailed conditions.


BIFS Curriculum & Industry Focus

The programme is built around practical application in banking, insurance and financial services. Industry engagement, internships and placement support are integrated into the programme's positioning.

Core career areas

  • Banking and financial services.
  • Insurance.
  • Fintech.
  • Consulting and advisory.
  • Risk and financial analysis.

Learning approach

  • Industry-driven content.
  • Applied projects and cases.
  • Industry engagement.
  • Internship exposure.
  • Placement-focused preparation.

GIM BIFS Career Scope & Placements

For the 2024-26 BIFS batch, GIM lists 71 students. The published work-experience sector profile shows banking and ancillary services at 26.19%, financial services at 26.19%, consulting at 21.43%, fintech at 4.76% and insurance at 4.76%. The student profile shows 39% freshers.

BIFS profile2024-26 published reference
Batch size71
Banking & ancillary services26.19%
Financial services26.19%
Consulting21.43%
Fintech4.76%
Insurance4.76%
Freshers39%

These figures describe the published student/sector profile rather than a guaranteed placement salary. Students should compare actual roles, employer quality and salary distribution before choosing BIFS over the flagship PGDM.

Read detailed GIM placement analysis →

Who Should Choose GIM BIFS?

Strong fit if

  • You want a career specifically in BFSI.
  • You have a finance qualification or strong interest in financial services.
  • You prefer applied sector-focused learning.

Compare the flagship PGDM if

  • You want maximum flexibility across management functions.
  • You are undecided about finance/BFSI as a long-term career.
  • You want a broader elective mix.

GIM BIFS FAQs

What is the BIFS fee at GIM?

The latest published 2026-28 academic fee is ₹21.45 lakh. The 2027-29 fee is not yet published.

Can students from non-commerce backgrounds apply?

Yes. GIM states that graduates from any background can apply to BIFS subject to eligibility.

What is the BIFS intake?

GIM lists an intake of 120 for BIFS.

What professional qualifications are relevant to the Achiever's Round?

GIM lists qualifications including CA, CS, CMA, CFA (US), ACCA, CIMA, CPA (US) and FRM among programme-specific achievements.