Goa Institute of Management: “History and Establishment of Goa Institute of Management.”


The Goa Institute of Management is a premier B-School located in the state of Goa, India. The motto of the institute is “Next Marking Management Education”. It is a private and autonomous business school. The location of the institute is Sanquelim, Goa.

History and foundation:

The institute is located at Sanquelim and as well as Ribandar. The institute was founded in the year 1993 by the Romuald D’Souza Ex-Director of XLRI, Jamshedpur and XIMB Bhubaneswar. The director moved from XIM, Bhubaneswar to create a centre of learning and excellence in Goa. The founding trustees are Anwar Ali, C.M. Ramesh, Ranjini Swamy, V.Gopal, Uday Damodaran, and Suma Damodaran. Now the director of the institute is Dr. Ajit Parulekar, 17+ veteran of the institute.

The campus was earlier situated at the banks of the river Mandovi, in the Santo Casa de Misericordia in Ribander. Earlier the institute was housed in the building of one of the earliest hospitals in India. The hospital was converted to B-School in 1993. Now, this is used for only PGDM-part time courses.

From the year 2010, the campus has been moved to Sanquelim that is located 23 kilometres from the old institute.

Purpose of foundation:

The institute is a respected and reputed one with a strong foundation of ethics and values in management learning. The main aim of founding the institute was to build a rich learning environment through engagement with academia and industry. It also aims to nurture leaders for sustainable business and inclusive society. It also makes an attempt to innovate and keep the interests of the students in mind and give the courses according to it.

The institution is built in itself which furnish students with problem-solving skills and managerial aspects to excel in the corporate world. The institutes strive for the holistic development of the students and the mission to nurture leaders for sustainable business. The main aim of founding the B-school is to create responsive and mindful leaders.

The institute also maintains diversity, quality, and access to all the students on the campus. They are all one inside the classrooms and there is no differentiation. The institute has also evolved engaging and interesting learning experiences in and out of the classrooms. The institute focuses on excellence and quality to form responsible and responsive leaders.

The institute also celebrates diversity and have students from all the states. There is no minority of the students. The institute also makes to ensure that all the students get a world-class education. The institute looks at the management education differently, by not only informing about the concepts and data but form the character of the students and how they learn and the way the institute organizes the way the entire process.

The founding of the institute is that more than earning money, acquirement of power and accumulation of knowledge is important. The institute shapes the students how they should focus on how ethical they are earning and how responsible they are using what have they have earned for the growth and development of society.

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