MBA Colleges in Goa: Best and Top Colleges, Ranking, Fees, Admission
Goa, a coastal state located in western coast of India, is not just a home to some stunning beaches and unbelievable landscapes. The state has also emerged as the top destination for higher studies, attracting thousands of MBA/PGDM students from all across the world. This beautiful and traveler’s hot spot has some of the best universities and institutions to read and learn both the art and science of business management. Among 10 MBA colleges including Government and Private, GIM - Goa Institute of Management, Sri Sri Institute of Management Studies, & Goa University are the major attraction of the state, attracting UG degree holders from recognized universities to pursue an MBA in their desired programs such as Finance, Marketing, Human Resources, Operations, Business Analytics, and International Business.
Your choice of best college in Goa will be justified if the selected MBA institution has reputation, top ranking, affordable fee, and good placement record with noticeable salary packages. To help you keep the list of top MBA colleges as short as possible, we have done our research in Goa. Let's dive in.
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Best MBA Colleges in Goa – Certified, Approved, and Accredited Institutions
To ensure you don’t end up getting admission in an unreliable and uncertified MBA college without even knowing it, we have brought to you the list of top certified, approved, and well accredited colleges in Goa. These recognized colleges emphasize academic excellence, industry-relevant curriculum, ethical business practices, leadership development in Goa.
|
Institution Name |
Accreditation / Approvals |
Highlights |
|
Goa Institute of Management (GIM) |
AMBA, AICTE, NBA, SAQS, AACSB |
Premier private B‑school in Goa; strong placements, diverse PGDM specializations (Marketing, Analytics, etc.). |
|
Goa University – Department of Management Studies / Goa Business School |
UGC, NAAC A (University-level) |
State university offers standard MBA, Executive MBA, Financial Services MBA, Integrated MBA (Hospitality, Travel & Tourism). |
|
IIAS School of Management, Goa |
NAAC-accredited |
Permanent affiliation with Goa University; offers PG Diploma in Event Management. |
|
S. S. Dempo College of Commerce & Economics |
NAAC 'A'-grade (CGPA 3.30/4) |
Permanent affiliation with Goa University; offers PG Diploma in Event Management. |
|
National Institute of Construction Management & Research (NICMAR), Goa |
AICTE approved |
Reputed for niche management programs like Project and Infrastructure Management. |
|
Sridora Caculo College of Commerce & Management Studies |
AICTE, UGC approved |
Offers BBA/BMS; recognized credentials, suitable for undergrad management pathways. |
|
Sri Sri Institute of Management Studies (SSIMS) |
AICTE approved |
Private institution offering full-time MBA/PGDM, with AICTE recognition. |
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MBA Colleges in Goa with Ranking
To ensure that the ranking of any MBA college doesn't go unnoticed while you're searching for the best, we've compiled a list of the top MBA colleges in Goa. These rankings have been awarded based on several key factors such as academic excellence, faculty qualifications, placement performance, industry interface, and best infrastructure of the colleges in Goa.
|
College Name |
Key Rankings (Agency—Year) |
|
Goa Institute of Management (GIM), North Goa |
- NIRF: 33 (2023), 37 (2024) - Outlook: 13 (2025), 11 (2023) - IIRF: 12 (2025), 16 (2023) - Business Today: 24 (2024), 27 (2023) |
|
Goa University / Goa Business School, North Goa |
-NIRF ranking range for Goa University: 150–200 (approx.) |
|
Parul University, Quepem, Goa |
CD‑Rank: #2 among MBA/PGDM colleges in Goa |
|
S. S. Dempo College of Commerce & Economics, Panaji |
CD‑Rank: #4 among MBA/PGDM colleges in Goa |
|
Indian Institute of Tourism & Travel Management (IITTM) |
CD‑Rank: #5 among MBA/PGDM colleges in Goa |
|
Sri Sri Institute of Management Studies (SSIMS), South Goa |
CD‑Rank: #6 among MBA/PGDM colleges in Goa |
|
NICMAR, Ponda, Goa |
CD‑Rank: #7 among MBA/PGDM colleges in Goa |
|
Panache Academy, Panaji, Goa |
CD‑Rank: #8 among MBA/PGDM colleges in Goa |
Note: The college rankings of Goa’s MBA colleges are indicative and based on publicly available information from the internet. They are meant to give a general idea about the universities; actual data and figures may vary.
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Top MBA Colleges in Goa with Fee Structure
Students’ decision to choose a college on the basis of affordability and fee can go a long way. Your decision to choose any of these affordable colleges can help you cut down the expenses by 25%.
|
College / Institute |
Approx. Fee (Full Program / 1st Year) |
|
Goa Institute of Management (GIM) |
₹20.40 L (entire program) |
|
Parul University, Quepem |
₹1.00 L (1st year) |
|
Goa University / Goa Business School |
₹75,000 (1st year) |
|
S. S. Dempo College of Commerce & Economics |
₹42,846 (1st year) |
|
IITTM, Panaji |
₹3,39,850 (total program) |
|
SSIMS, South Goa |
₹3,30,000 (1st year) |
|
NICMAR, Ponda |
₹10,59,100 (total program) |
|
Panache Academy, Panaji |
₹2,00,000 (total program) |
Note: The fees mentioned of Goa’s MBA Colleges are subject to change at the discretion of the university. For the latest updates or any possible changes in fees, please check the university's official website.
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MBA Colleges in Goa without Entrance Exam – Admission & Eligibility Criteria
There are hundreds of entrance exams conducted for admission into various undergraduate and postgraduate programs. However, when it comes to MBA admissions, knowing which entrance exams are accepted by top colleges and which are not can make all the difference in making the right decision. Your score in a recognized entrance test such as CAT, XAT, CMAT, GMAT, or MAT plays a crucial role in determining your eligibility and competitiveness for securing a seat in a top MBA college in Goa. Most of the MBA colleges in Goa allow admission on the basis of:
- 3 years Bachelor degree from any government recognized board.
- Valid score in national level entrance tests such as CAT, XAT, GMAT or MAT.
- Depending upon the colleges, candidates might be required to clear the personal interview and group discussio
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Government MBA Colleges in Goa with Courses
Government MBA colleges are often mistaken for being less competitive or lacking in quality compared to private institutions. However, this is not the case with Government MBA colleges in Goa. The AICTE and UGC approved colleges in Goa are helping the students to double up the benefits by offering top MBA programs in various streams along with industry-relevant curriculum at lower cost. Here is the list:
|
Institution (Type) |
Courses / Programs Offered |
|
Goa University – Goa Business School (State University) |
• MBA (General) • MBA (Executive) • MBA (Financial Services) • Integrated MBA (Hospitality, Travel & Tourism) • M.Com, MCA, M.A. Economics, and various M.Phil. & Ph.D. courses in management disciplines |
|
GEC Goa – Goa College of Engineering, Farmagudi (Public/Government) |
Offers an MBA program (details on specialization not specified) |
|
National Institute of Watersports (NIWS), Panaji (Central/Government under Ministry of Tourism) |
Offers MBA in Tourism (Tourism & Travel Management), along with Ph.D. programs in the same field |
|
IITTM (Indian Institute of Tourism & Travel Management), Panaji (Central Government) |
Though not in the primary list, IITTM operates as a central government institution and offers MBA, including niche specializations in tourism and travel. It’s often included in Goa MBA listings |
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MBA Colleges in Goa with their Placement & Average Salary Packages
Most educational experts are of the opinion that the better the placement record of a college, the more it reflects the quality of its academic standards and training. Moreover, strong placement performance often indicates robust industry connections, which significantly enhance students’ chances of building a successful and rewarding career. Find below the well-structured MBA colleges in Goa with their placement and average salary packages.
|
Institution |
Average Package (LPA) |
Placement Highlights & Notes |
|
Goa Institute of Management (GIM) |
14.8 LPA |
90% placements, 2024; 23% PPOs; top recruiters include Deloitte, Amazon, TCS, Accenture, EY, Infosys, Microsoft, Bain & Co, JP Morgan, CRIF |
|
NICMAR (Ponda) |
8 to 9.37 LPA |
85% McKinsey & Co., Boston Consulting Group (BCG), Bain & Co., KPMG |
|
IITTM (Panaji) |
3 - 5 LPA |
70% Goldman Sachs, JPMorgan Chase, Barclays, Morgan Stanley, Citi, HSBC, Standard Chartered, American Express |
|
SSIMS (South Goa) |
4-5 LPA |
65% Microsoft, Google, Amazon, IBM, SAP, Adobe, Intel, Mercedes-Benz, BMW, Volkswagen, |
|
Parul University (Quepem) |
5.5 LPA to 6 LPA |
65%HSBC, Standard Chartered, American Express, Oracle, Meta, Salesforce |
|
Panache Academy (Panaji) |
4-5 LPA |
Accenture, Deloitte, PwC, EY, Uber, Airbnb, Shell |
|
S. S. Dempo College |
2-3 LPA |
Goldman Sachs, JPMorgan Chase, Siemens, Philips, Maersk |
Note: The figures provided above as salary packages of Goa MBA colleges are indicative and meant to give a general idea about the universities. Actual data and figures may vary.
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Online & Part Time MBA Colleges in Goa
Your decision to pursue an online or part-time MBA in your desired specialization while working can open doors to career advancement. However, without proper research into which MBA colleges offer the best online or part-time programs through reliable digital platforms, you risk missing out on some of the top institutions in Goa that align with your academic goals and professional aspirations.
|
Institution / Program |
Mode |
Key Highlights |
|
NMIMS (Narsee Monjee Institute of Management Studies) |
Online / Distance / Part‑Time |
UGC‑DEB & AICTE approved; diverse specializations; fee approx. ₹1,44,000; widely accessible to Goa |
|
Symbiosis Centre for Distance Learning (Symbiosis Institute) |
Online / Distance / Part‑Time |
UGC‑DEB & AICTE approved; specializations like HR, Marketing, Finance; fee approx. ₹50,000 |
|
Amity University (Amity Online) |
Fully Online / Part‑Time |
UGC‑DEB & AICTE approved; many specializations; placement assistance; fee around ₹3,00,000 |
|
Jain University Online / Distance MBA |
Online / Distance / Part‑Time |
UGC‑DEB & AICTE approved; NAAC “A” grade; fee typically ₹1,50,000–₹3,00,000 |
|
IMT (Institute of Management Technology) |
Online / Distance / Part‑Time |
UGC‑DEB & AICTE approved; several specializations; fee about ₹1,11,000 |
|
Goa University |
Online / Distance |
UGC & DEB approved; general management MBA; accessible for Goa students |
|
GIM (Goa Institute of Management) – Hybrid PGDM |
Part‑Time / Hybrid |
Weekend classes with 2 × 1‑week on‑campus sessions; AICTE approved; PGDM equivalence accepted by AIU; includes career support |
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Writen By:
Pawan Rawat
Pawan Rawat is a full-stack content writer with expertise in crafting research-based educational blogs and articles, paying close attention to detail. He has mastered the art of creating SEO-optimized content for websites. When he's not working to pay the bills, he spends his time lifting weights at the gym, clicking random photos, reading books, or planning his next adventure.
