In 2016, a total of 18,066 students passed their SSC exams in Goa. This represents a very high 90.93% pass rate, which was a considerable increase on the previous year of 85.15%. There was similar success in the HSSC results with Goa achieving a passing rate of 92%, compared to 89% in 2015.
These positive results have further increased the demand for higher education. Currently there are approximately 72 colleges in Goa, which includes professional, Non-professional and technical institutions, but there is plenty of room for more players.
The Goa University was set up in 1985 and according to an AC-Nielsen study (2014) it is ranked 14th among the top Universities of India. There 55 colleges affiliated to the Goa University. Despite these figures, there is still shortfall for the students. For example there are currently only 4 colleges offering Mass media & communication degree courses in Goa. Also in a state that has produced many champions, there is only 1 Bachelor of Physical Education course available, with no provision for Masters programme.
The directorate of Education was launched up in 1986 with an aim to facilitate technical programmes. Currently the state offers a total of 1958 seats, across the streams of medicine, dentistry, engineering, pharmacy, architecture, homeopathy, Ayurveda, allied health sciences, and nursing.
The Goa Institute of Management (GIM) was set up in 1993 and is a premier business School, with an illustrious alumnus. There are 240 seats available annually for the PGDM course and 60 seats for the PGDM-Health Care course.The IIAS School of management was established in 1990. It offers 6 courses in Hotel Management, which includes an MBA. The Wigan & Leigh College (WLCI) in Goa is a management institution which is affiliated to the college in England.
Just like in the rest of the country, Goan parents are eager to provide a quality level of higher education for their children. This is done to give their wards an opportunity to secure their future in a respected profession. Similar to astronomical wedding budgets, large savings are also made for higher education, within Goan households.
Parents are willing to send their children to large Metros such as Bengaluru, Hyderabad, Pune and Mumbai to study in order to gain greater exposure. Quite a lot of the time the course that the student wants to study is not available in Goa. These factors make the educational system in Goa a highly lucrative one for educational institutes from neighbouring states.
There is tremendous scope for the hotel management and hospitality industry, due to Tourism being the no.1 revenue contributor to the Goan economy. Many Goans also venture abroad to work in the Gulf region and on cruise ships in Europe and the USA. Migration to the UK and Portugal has also motivated Goans to earn a certificate from a reputable University before departing in order to improve job prospects.