The Indian Institute of Management Bodh Gaya or IIM Bodh Gaya concluded its final placement season for the 2022-24 batch, demonstrating remarkable results despite a challenging job market. The institute achieved a notable milestone by securing placements for all 266 students in the graduating MBA class of 2024. With participation from over 120 companies spanning diverse sectors, there was evident industry interest in the talent pool. While the average salary package experienced a 7% decrease compared to the previous year, the top performers maintained their position. Notably, the top 25%, 50%, and 75% of the graduating class secured impressive average salaries of 18.2 LPA, 16.6 LPA, and 15.2 LPA respectively.
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. Prof Vinita Sahay, Director, IIM Bodh Gaya, stated that the successful placements of students reflect the corporate sector’s faith in the talent pool of IIM Bodh Gaya.
Beyond the MBA placements, IIM Bodh Gaya 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. The 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-HHM 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, showcasing the strong demand for their skills. Companies like HDFC Bank, ICICI Bank, NSE, and Yamaha Motors actively recruited from this batch.
The successful placement season at IIM Bodh Gaya concludes and serves as a testament to the institute's unwavering commitment to equipping students with the necessary skills and industry exposure to thrive in a competitive market. The institute's ability to attract leading companies across sectors and achieve outstanding placements for its specialized programs further strengthens its reputation for academic excellence and shows a promising future in preparing top-notch mindful business leaders who meaningfully contribute to society.
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