IIM Bodh Gaya Completes 100% Placement 2021 for Largest Batch of 109 Students: Records Higher Average Salary at Rs.9.92 LPA; Crompton, Kotak Mahindra, BNY, KPMG among top Recruiters

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MBAUniverse.com News Desk |
May 24, 2021
IIM Bodh Gaya has completed 100% Placement 2021 for its 5th and largest ever MBA 2019-21 batch with a modest 3.6 percent rise in average salary and 7% rise in highest salary. Number of recruiters has also increased to 86 from 50 last year. Despite a 65% increase in the batch size to 109 students and prevailing Covid pandemic situation, IIM Bodh Gaya placement 2021 recorded higher average salary, going up at Rs. 9.92 LPA from Rs.9.57 LPA last year
IIM Bodhgaya placement 2021

IIM Bodh Gaya has successfully completed 100% final Placement 2021 for its 5th and largest ever MBA batch 2019-21 with higher average salary despite the unprecedented challenges caused by the Covid  pandemic. Number of recruiters has also increased to 86 in IIM Bodh Gaya MBA Placement 2021. While 45 recruiters made 100+ placement offers, all the 86 companies that participated in IIM BG placement 2021, showed their interest in selecting candidates from the institute's flagship MBA program.

Despite a 65% increase in the batch size to 109 students,  IIM Bodh Gaya placement 2021 recorded higher average salary, going up at Rs. 9.92 LPA from Rs.9.57 LPA last year.  Highest salary has recorded 7% increase and has gone up at Rs. 17.3 LPA in Placement 2021 from Rs.16.25 LPA last year.  IIM Bodh Gaya also witnessed a sharp rise in the number of recruiters increasing all the way to 86 in Placement 2021 from 50 in the previous batch. 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.  

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IIM Bodh Gaya Placement 2021: Key Highlights

  • Completes 100% Placement 2021 in a record time for the largest batch
  • Average Salary Up at Rs.9.92 LPA in Placement 2021 from Rs.9.57 LPA last year
  • Highest Salary up by 7% at Rs.17.3 LPA in Placement 2021 from Rs.16.25 LPA last Year
  • Median Salary stood at Rs.9 LPA in Placement 2021 as was last year
  • PPOs offered to two students
  • 9 Students opted out of Placement 2021 process to fulfill their dreams of entrepreneurship and other ventures
  • MBA 2019-21 Batch size increased by 65% with 109 students from 66 in last batch
  • Number of Recruiters increased to 86 in Placement 2021 from 50 last year
  • Out of 86 companies, 45 of them more than 100 Placement offers
  • 45% of the total  recruiters in IIM BG Placement 2021 comprised large corporate and MNCs and 14% were the start ups poised to take the nation forward in the years to come
  • Many new recruiters who made offers in Placement 2021 included McKinsey,  Hettich,  Volvo Eicher, SBI GI, Tata, Suzlon, Sembcorp, MuSigma, TA Digital, Darwin Box, Kale Logistics, ClearTax, Markets among others
  • Top Recruiters include Kotak Mahindra Bank, Crompton Greaves, BNY Mellon, KPMG, ByJu's, Gartner, Tech Mahindra, MuSigma, Tata among others 

Acknowleding a paradigm shift in the placement scenario at IIM Bodh Gaya, Prof. Sabyasachi Mohapatra, Chairman Career Development Services at IIM BG, said, “ Even in a pandemic hit turbulent business scenario, the students of IIM Bodh Gaya have been able to prove their mettle. The sheer enthusiasm, persistence, and acumen of our candidates have been recognized time and again by many of our highly esteemed past recruiters” and added further “The Career Development Team sinerely acknowledged the rigor of the students and the progressive vision of our Directror, Prof. (Dr.) Vinita Sahay and our Honorable Chairman of the BoG, Mr Uday Kotak resulting in an excellent placement season despite the young age of the institute. It is a matter of immense pride that IIM Bodh Gaya is finally poised to claim its position among the well-establised management institutes of the country.”  

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 more offers and niche profiles to the students. It may be noted that as compared to the final placement for the 4th batch, the placement for the 5th MBA 2019-21 batch has leapfrogged in capturing high salary packages and in terms of more recruiters visiting the campus for placement. 

The institute has witnessed many prominent recruiters making more offers and wide range of profiles to the students in Marketing, Sales, Brand Management, Wealth Management, Project Management, Corporate Strategy, Operations and Logistics, Business Analyst, Relationship Management among others.

Key Placement Trends
The highlight of this year's placement was an increase in the average and highest package, more number of recruiters, more new recruiters as compared to last year, despite covid pandemic and largest ever batch size. Key Placement trends at IIM Bodh Gaya are given below:   

Placement Year
Average Placement (Rs. in Lakhs)
Final Placement (Rs. in Lakhs)
2021
  9.92
17.30
2020
  9.57
16.25
2019
10.90
16.00

Top Recruiters
Out of 86 marquee companies, some of the top recruiters that hired big at IIM Bodh Gaya Placement 2021, included McKinsey & Co, MuSigma, KPMG, ByJu's , Tata AIA, Tata Power,  Kotak Mahindra Bank, Crompton Greaves, BNY Mellon, , Gartner, Tech Mahindra, NLMK Steel, Hettich India, IndiaMart, QuessCorp, Volvo Eicher, TVS Credit, SBI GI, Suzlon, Powermech, AbleCold, Sembcorp, TA Digital, Darwin Box, Simplotel, Scaler, Kale Logistics, ClearTax, Groww, Pickrr, Markets & Markets, and 21 North among others

IIM Bodh Gaya

New Recruiters at IIM Bodh Gaya
First-time recruiters at IIM Bodh Gaya Placement 2021 included  McKinsey & Co, NLMK Steel, Hettich India, IndiaMart, QuessCorp, Volvo Eicher, TVS Credit, SBI GI, Tata AIA, Tata Power, Suzlon, Powermech, AbleCold, Sembcorp, MuSigma, TA Digital, Darwin Box, Simplotel, Scaler, Kale Logistics, ClearTax, Groww, Pickrr, Markets & Markets, and 21 North amongst others.

Prof. Sabyasachi Mohapatra, Chairperson Career Development Centre, IIM Bodh Gaya said, “Despite the unprecedented challenges caused by the pandemic, our young team has pulled a phenomenal fet by roping some of the leading first time recruiters.”

IIM Bodh gaya

Profiles & Roles Offered
The wide range of profiles which were offered in IIM Bodhgaya Placement 2021 include Management Trainee, Asstt Manager, Associate Manager, Analyst, Relationship/Development Manager, Sales Manager, Consultant, Sales Manager among others.

iim bodh gaya

Sectoral Placement
Students of IIM Bodhgaya MBA 2019-21 batch have been placed in a variety of sectors including Consulting, General Management, BFSI, Logistics, Manufacturing, IT, Analytics, Education, FinTech among others. Sector wise placement share is given below

iim bodh gaya

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.

Set up as a 15th institute in 2015, under the mentorship of IIM Calcutta, the oldest IIM in the country, IIM BodhGaya, right from its inception, has meticulously followed its mentor's footsteps. IIM Bodh Gaya fosters a culture and curriculum with the purpose to create socially responsible managers and emotionally mature leaders.

In a short span of time, IIM Bodh Gaya has strengthened its position in the corporate world, with its students already working in commendable positions. Apart from the conventional classroom setup, the pedagogy at IIM Bodh Gaya lays much emphasis on practical learning. Students are encouraged to take up various industry-based research projects which are subjected to evaluation by the faculty. A dynamic curriculum in consonance with academics and industry experts provides the students with the opportunities to master new skills and explore diverse perspectives.

Students are exposed to extensive practical learning along with the basic concepts across various domains of MBA like Marketing, Operations, HR, and Finance through various quizzes, assignments, live projects, interactive sessions, and examinations.

In the second year, there are a diverse range of electives which the students can choose based on their key areas of interest. IIM Bodh Gaya’s educational curriculum aims to equip the students with an essence of management skills to help them navigate through the modern business environment across the globe.

IIM Bodhgaya employs the case study method in order to give insights into the real world dynamics that render compelling opportunities amidst onerous settings.

The Director of IIM Bodh Gaya Dr. Vinita Sahay, is very optimistic on the holistic development of IIM Gaya and proposes to make it an international B-school in the coming years.

Permanent campus of IIM Bodhgaya is being built at Magadh University Campus on 119 acres of land.With state-of-the-art classrooms, boys and girls hostel, knowledge database, sports amenities, library, IIM Bodh Gaya promises to be the future of business education, preparing young graduates to become assets to the industry and the society.

Stay tuned to MBAUniverse.com for more updates on IIM Bodhgaya