The Indian Institute of Management Bodh Gaya (IIM Bodh Gaya) has achieved yet another milestone in its journey towards academic and professional excellence. The placement season for the 2022-2024 MBA batch concluded on a highly successful note, with 100% of the students securing coveted roles across various sectors. This article delves into the placement statistics, key trends, sector-wise distribution, and the top recruiters who participated in the 2024 placement drive.
Why is it Important to know about placements?
Understanding placement trends is crucial as it directly impacts an IPM/MBA aspirant’s career trajectory. Here are a few reasons why placement reports should be a key consideration when choosing a business school:
- Return on Investment (ROI): The cost of an MBA program is often substantial, and the salary package post-graduation determines the ROI. Evaluating placement data helps aspirants gauge financial feasibility and expected earnings
- Industry Exposure & Career Opportunities: Placement reports provide insights into the industries actively recruiting from the institute, helping students align their career aspirations with the right B-school
- Strength of Alumni Network: A strong recruiter base and placement consistency indicate a well-established alumni network, which can be instrumental in career growth and mentorship
- Program Credibility & Growth: Consistent placement performance is a testament to the quality of education, faculty, and industry linkages of the institution.
- Recruiter Diversity & Job Roles: Understanding the variety of roles offered can help aspirants determine if their preferred career path is well-supported by the institute
Placement Highlights 2024
IIM Bodh Gaya’s placement statistics for the year 2024 highlight the growing reputation of the institute among recruiters. These figures reflect the institute’s strong corporate connections and the high employability of its graduates. The participation of over 50 new recruiters showcases IIM Bodh Gaya’s rising prominence in the business education landscape:
- Total Batch Size: 266 students
- Total Recruiters: 120+ (including 50 new recruiters)
- Highest Package: INR 32.5 LPA
- Average Package: INR 13.9 LPA
- Median Package: INR 13.5 LPA
- Placement Rate: 100%
Sector-Wise Placement Breakdown
The students of IIM Bodh Gaya secured offers across a variety of sectors, showcasing the institute’s diverse industry engagement and curriculum relevance. Recruiters were drawn from multiple domains, including BFSI, consulting, analytics, IT, manufacturing, FMCG, media, and telecommunications.
1. BFSI (Banking, Financial Services, and Insurance)
The BFSI sector was the top recruiter, with leading financial institutions offering lucrative roles in investment banking, risk management, and financial consulting. The demand for skilled professionals in finance-related roles continues to rise, making this sector highly attractive for MBA graduates.
Top Recruiters: Axis Bank, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, BNY Mellon, NSE, RBL Bank, Voya Financial
2. Consulting
Consulting firms played a significant role in placements, offering positions in strategy, operations, and business analysis. Consulting remains one of the most sought-after career paths for MBA graduates due to the diverse range of business challenges and problem-solving opportunities it presents.
Top Recruiters: Accenture, Deloitte, PwC, Cognizant, HCL Tech, McKinley Rice, Synclature
3. Analytics & IT
With the increasing reliance on data-driven decision-making, the analytics and IT sectors attracted a substantial number of students. Roles offered included business analyst, data scientist, and IT consultant, indicating a growing demand for professionals with analytical and technological expertise.
Top Recruiters: BenQ, CRISIL, SAP, Tiger Analytics, Value Creed, Zycus
4. Manufacturing & Energy
Manufacturing and energy firms provided roles in operations, supply chain management, and business development. With India’s manufacturing sector poised for rapid growth, opportunities in this sector are expanding significantly.
Top Recruiters: Tata Power, Trident Group, Ultratech Cement, IFB, Royal Enfield, AluDecor
5. FMCG & Retail
Fast-moving consumer goods (FMCG) companies sought talent for marketing, sales, and supply chain roles. The sector remains a lucrative career choice for MBA graduates due to its dynamic nature and consumer-focused strategies.
Top Recruiters: Coffee Day Beverages, DS Group, Nerolac Paints, Haldiram’s
6. Media & Telecommunication
The media and telecom industries offered diverse roles in marketing, digital transformation, and operations. The rapid digitization and expansion of the telecom sector have created new career opportunities for business graduates.
Top Recruiters: Airtel, Indus Tower, JIO BP, Sify, Times Group
IIM Bodgaya Placements Comparison
A year-on-year comparison of placement statistics at IIM Bodh Gaya indicates sustained growth:
| Year | Highest Package (INR LPA) | Average Package (INR LPA) | Total Recruiters |
| 2024 | 32.5 | 13.9 | 120+ |
| 2023 | 48.58 | 15.68 | 70+ |
| 2022 | 23.83 | 12.01 | 100+ |
Although the highest package saw a dip compared to 2023, the number of recruiters and overall placement consistency have strengthened the institute’s credibility. The average package of INR 13.9 LPA signifies a stable and competitive job market for IIM Bodh Gaya graduates.
Why IIM Bodgaya Placements are rising?
IIM Bodh Gaya has rapidly emerged as a preferred recruitment destination for companies across multiple industries. Several factors contribute to this growing recognition:
- Industry-Aligned Curriculum: The MBA program at IIM Bodh Gaya is designed to equip students with contemporary business acumen, ensuring they are job-ready from day one
- Strong Corporate Ties: The increasing participation of top recruiters reflects the trust that companies place in the institute’s talent pool
- Diverse Student Profiles: Students come from various academic backgrounds, offering fresh perspectives and innovative problem-solving abilities to businesses
- Robust Placement Support: The dedicated placement cell ensures optimal industry engagement and seamless recruitment processes, benefiting both students and recruiters
- International Collaborations: The institute’s global exposure, facilitated through partnerships with international universities and exchange programs, enhances the skillset and employability of graduates
IIM Bodh Gaya continues to grow and evolve as a premier business school in India. With increasing corporate engagement, expanding international tie-ups, and curriculum advancements, the institute is well-positioned to achieve even greater milestones in the future. The focus on research, entrepreneurship, and leadership development will further enhance its stature in the management education landscape. With a growing recruiter base, competitive salary packages, and diverse opportunities across industries, it is an excellent choice to study for b-school aspirants.
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