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IIM Bodh Gaya (IIM BG) has announced successful completion of final placements for the 2022-24 batch amidst a challenging job market. IIM Bodh Gaya has placed all 266 students in the graduating MBA class of 2024. However, the average salary at IIM BG Placements 2024 saw a dip compared to the previous year. Banking, Financial Services and Insurance (BFSI) sector has recruited largest number of students at IIM BG.
IIM Bodh Gaya Placements 2024 – Key Highlights
Top Recruiters at IIM Bodh Gaya Placements 2024
According to IIM BG, the Banking, Financial Services and Insurance (BFSI) sector emerged as the frontrunner in placements, with leading institutions like Axis Bank, HDFC Bank, ICICI Bank, and Kotak Mahindra Bank extending offers to graduates. Consulting, IT, and Analytics firms followed closely, with renowned names like Accenture, Cognizant, Deloitte, and PwC actively recruiting from the institute. This season also saw significant participation from Energy, Manufacturing, FMCG, and E-commerce companies, highlighting the well-rounded skills and adaptability of IIM Bodh Gaya graduates.
100% Summer Internship Competed
Beyond the MBA placements, IIM Bodh Gaya also achieved a remarkable 100% placement record for its inaugural batches of MBA in Digital Business Management (DBM) and MBA in Hospital and Healthcare Management (HHM), along with the regular MBA (9th batch) for their summer internships.
MBA in Digital Business Management (DBM) batch secured a highly competitive average and median stipend exceeding INR 1 lakh, with the highest reaching an impressive INR 2.6 lakhs. Recruiters for these specialized programs included industry leaders like BNY Mellon, Kotak Mutual Fund, and PaySprint.
Similarly, all MBA in Hospital and Healthcare Management students landed internships at prestigious healthcare institutions like Apollo Hospitals, Fortis Hospital, and Manipal Hospitals, with the top stipend reaching INR 2 lakhs.
The MBA (9th batch) witnessed participation from over 75 companies, with an average stipend of INR 75,000 and the highest reaching INR 2 lakhs. It's noteworthy that 32 students in this batch received stipends exceeding INR 1.5 lakh. Companies like HDFC Bank, ICICI Bank, NSE, and Yamaha Motors actively recruited from this batch.
Continue reading for complete report on last year’s placement.
IIM Bodh Gaya has successfully completed 100% final Placement 2023 for its 7th and largest ever MBA batch 2021-23 comprising 200+ students with 33% rise in average salary and more than 100% rise in highest salary beating the slow down. Total 70 recruiters participated in IIM Bodh Gaya Placements 2023 and showed their interest in selecting candidates from the institute's flagship MBA program. While the average salary has gone up at Rs.16 LPA from Rs. 12 LPA last year, the highest salary has more than doubled at Rs.48.58 LPA from Rs.23.83 LPA last year.
Despite an increase in the batch size to 200+ students for 2021-23 batch from last year 184 students in 2020-22 batch, IIM Bodh Gaya placement 2023 recorded sharp increase in highest, average and median salary. This is a testament to the diverse program being offered that combines academic rigor, industry-wide association, and the young institute's thrust for excellence.
The Companies from across the sectors and industries like BFSI, consulting, FMCG, IT & services, IT & Analytics, e-commerce, and manufacturing are among the major recruiters. On successful and 100% placement 2023 achieved by IIM Bodh Gaya, Dr. Vinita Sahay, Director, IIM Bodh Gaya said, “Keeping in line with a rising domestic economy, the BFSI sector emerged as the largest employer, extending close to 50 per cent of the total offers. All the major banks, insurance firms, and fintech firms like Axis Bank, BNY Mellon, HDFC Bank, HSBC Bank, ICICI Bank, ICICI Securities, ICICI Prudential, IDBI Bank, Kotak Mahindra Bank, SBI Capital, Fincare SFB, Spice Money and Yes Bank participated in the final placement process and 97 offers were made to the graduating batch.”
IIM Bodh Gaya Placement 2023: Key Highlights
Top Recruiters
Out of the 70 marquee companies, some of the top recruiters that hired big at IIM Bodh Gaya Placement 2023, include Axis Bank, BNY Mellon, HDFC Bank, HSBC Bank, ICICI Bank, ICICI Securities, ICICI Prudential, IDBI Bank, Kotak Mahindra Bank, SBI Capital, Fincare SFB, Spice Money, Yes Bank, Deloitte US, Tiger Analytics, Kantar Analytics Practice, Kore.ai Software, Factspan Analytics, Brillio, CRISIL, Accelalpha. The major IT & Services players included the likes of Sutherland Global, Bharti Airtel, CTS, Trinamix Inc, HCL Tech, iQuanti India, Infosys BPM, Zycus, Adobe Inc., Affinity, DemandFarm, and Park+, Adani Group, ArcelorMittal Nippon Steel India, Hindalco Industries, Mercedes-Benz, Crompton Greaves Consumer Electricals, Ultratech Cement, Maruti Suzuki India and DTDC, Amazon India, Bluestone, Haldirams, Reliance Retail, MoEngage, Porter among others
Profiles & Roles Offered
The wide range of profiles which were offered in IIM Bodhgaya Placement 2023 include Management Trainee, Asstt Manager, Associate Manager, Analyst, Relationship/Development Manager, Sales Manager, Consultant among others.
Sectoral Placement
The participating firms spanned from Banking, BFSI, E-Commerce, FinTech, Consultancy, Manufacturing, Information technology (IT), Analytics, to Online Services, Real Estates, and EdTech. The students of IIM Bodhgaya MBA 2021-23 batch have been placed in a variety of sectors including BFSI, Consulting, General Management, Logistics, Manufacturing, IT, Analytics, Education, FinTech among others.
Not only IIM Bodh Gaya has surpassed its salary packages recorded last year, despite the largest batch size, this year there were more recruiters making offers and niche profiles to the students.
BFSI: 50% Share in Placement 2023
BFSI emerged as the largest recruiting sector with 50% placement offers. All the major banks, insurance firms, and fintech firms like Axis Bank, BNY Mellon, HDFC Bank, HSBC Bank, ICICI Bank, ICICI Securities, ICICI Prudential, IDBI Bank, Kotak Mahindra Bank, SBI Capital, Fincare SFB, Spice Money and Yes Bank participated in the final placement process and 97 offers were made to the graduating batch
Consulting, IT-Services and Analytics: 53 Offers Together
Consulting, IT-Services and analytics firms extended 53 offers altogether. The major recruiters in the consulting and analytics domain were Deloitte US, Tiger Analytics, Kantar Analytics Practice, Kore.ai Software, Factspan Analytics, Brillio, CRISIL, and Accelalpha. The major IT & Services players included the likes of Sutherland Global, Bharti Airtel, CTS, Trinamix Inc, HCL Tech, iQuanti India, Infosys BPM, Zycus, Adobe Inc., Affinity, DemandFarm, and Park+ to name a few.
Metals, Mining and Manufacturing: 30 Offers
The sectors like metals, mining and manufacturing offered more than 30 opportunities. The prominents recruiters included Adani Group, ArcelorMittal Nippon Steel India, Hindalco Industries, Mercedes-Benz, Crompton Greaves Consumer Electricals, Ultratech Cement, Maruti Suzuki India and DTDC.
IIM Bodh Gaya graduating 2021-23 batch also witnessed participation from e-commerce, FMCG, and market research firms like Amazon India, Bluestone, Haldirams, Reliance Retail, MoEngage, and Porter in placement 2023.
IIM Bodh Gaya Mentored by IIM Calcutta
IIM Bodhgaya is mentored by Indian Institute of Management Calcutta. Apart from IIM Bodh Gaya faculty, the faculty members from IIM Calcutta are delivering courses at IIM Bodhgaya. The overall design, quality and delivery of PGP is of the standards and with direct involvement of IIM Calcutta
The classes of IIM Bodhgaya are conducted in the transit campus of the Magadh University’s Directorate of Distance Education (DDE) building. 90 hostel rooms at IIM Bodhgaya have been provided for accommodation. Apart from flagship MBA programme, IIM Bodhgaya also offers MBA Digitial Business Management; MBA Hospital and Healthcare Management; 5 year Integrated Programme in Management (BBA+MBA) and PhD in Management.
