Gaya: Indian Institute of Management Bodh Gaya, with paramount gratification, announces the closure of the current placement season for MBA Batch 2019-21 with a 100 percent placement record.
For the largest ever batch size of 109 students, IIM Bodh Gaya witnessed a vibrant placement season for the MBA batch of 2021, as close to 50 esteemed recruiters extended 100 plus offers across domains and industries for an approximate average and median CTC of 10.00 LPA and 9.0 LPA, respectively. Of all the recruiting organizations, while 45% comprised large corporates and MNCs, close to 14% of recruiters were the young Unicorns poised to take the nation forward in years to come.
Despite a 65% year-on-year increase in the batch size, leading to an overall 75% freshers in the batch, the Career Development team’s dedicated and striving effort ensured that the average CTC offered to the graduating batch increased to 10.00 LPA approx. (precisely 9.92 LPA) as against 9.57 LPA offered to the previous batch. The highest salary offered is 17.3 LPA, which is a 7% increase vis-à-vis the last batch. The institute also witnessed a sharp rise in the number of recruiters, increasing all the way from 50 odd recruiters (as in the previous batch) to a significant 86 recruiters in the current batch, which 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 just-concluded placement season at IIM Bodh Gaya was a testament to the resilience and indomitable spirit of the dynamic batch that the institute prides itself with. Despite a post-pandemic economy, the students at IIM Bodh Gaya have been delivering their best while effectively trying to adapt to the new normal and digital economy.
Prof. Sabyasachi Mohapatra, Chairperson, Career Development Centre, acknowledged a paradigm shift in the placement scenario and remarked, “Despite the unprecedented challenges caused by the pandemic, our young team has pulled a phenomenal feat by roping in some of the leading first-time recruiters, including McKinsey & Co, NLMK Steel India Ltd., Hettich India Ltd., IndiaMart, QuessCorp, Volvo Eicher, TVS Credit, SBI General Insurance, Tata AIA, Tata Power, Suzlon Energy, Powermech, AbleCold, Sembcorp, MuSigma, TA Digital, Darwin Box, Simplotel, Scaler, Kale Logistics, ClearTax, Groww, Pickrr, Markets & Markets and 21 North amongst others”. He further added, “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 like Crompton Greaves, Kotak Mahindra Bank, BNY Mellon, KPMG, Byjus, Gartner, and Tech Mahindra, amongst others, who reposed their faith on our graduating students. The Career Development Team sincerely acknowledges the rigor of the students and the progressive vision of our Director, 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-established management institutes of the country.”
For records, the Indian Institute of Management Bodh Gaya has successfully completed five glorious years since its inception in 2015 and is currently in the sixth year of its operation.