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Questions Asked On IIM Bodh Gaya, Gaya
Are the salary packages for IIMs higher than those from JBIMS?
IIMs can be broadly categorized into two categories; the first comprising IIM ABC and the second comprising IIM KIL. The total fees will be around 16-18 Lakhs or a few lakhs more for these IIMs. As far as the average package is concerned for IIM ABC, it is around 19-20 Lakhs while for IIM KIL it is merely 2 lakhs less. The highest CTC is around 60-70 (International) for these IIMs.
Coming to JBIMS, we get to witness a much higher ROI. This is because the average package is almost similar to these IIMs while the fees are much less. Also, it is a Mecca for Finance enthusiasts. JBIMS has many notable alumni that carry its brand name proudly. Some of them include
- Vinita Bali, Managing Director of Britannia
- Chanda Kochhar, Managing Director & CEO, ICICI Bank, India
- Nitin Paranjpe, CEO and Managing Director, Hindustan Unilever Ltd
- Ajay Piramal, chairman of Piramal Healthcare
So yes, the salary packages of certain IIMs might be slightly higher than that of JBIMS but considering the ROI factor that slightly differs doesn't really matter.
Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)
I wouldn’t suggest you take admission to any new IIM if you are not ready to commit yourself to hard work both in terms of academics and extracurriculars. The Baby IIMs require determination and dedication and if you lack any of these, it’s better to look for other options.
The opportunities offered by the new IIMs are way ahead and unique when compared to the older ones. You shouldn’t join a new IIM merry to enjoy the benefits from the IIM tag because that alone won’t suffice it. It's better to take a drop year and target an older IIM than go for a new one that is yet to make its mark in the industry.
The new IIMs are suitable for those who are ready to work and toil and take advantage of opportunities in building a new institute. Most students will end up with a job but it’s not a brainer that there will be a big compromise and namesake job compared to the colorful careers an IIM brand promises.
|
Particulars |
IIM Nagpur |
IIM Vizag |
IIM Amritsar |
IIM Sirmaur |
IIM Bodh Gaya |
IIM Sambalpur |
|
Ranking |
43rd rank in NIRF |
33 rank in NIRF |
55th rank in NIRF |
69th Rank in NIRF |
41 in the IIRF |
33rd place in IIRF |
|
Fees |
2 Lakhs (Total Fees) |
8.52 Lakhs (1st Year Fees) |
8,00,000/Yr |
16,00,000 Total Fees |
16,28,000 Total Fees |
5,40,000/Yr |
|
Average package |
INR 16.74 LPA |
INR 16.61 LPA |
INR 16.51 LPA |
INR 12.74 LPA |
INR 16 LPA |
INR 16.64 LPA |
You can infer from the table above, the Data from all the baby IIMs is similar both academically and placements-wise. So the final decision should be based on personal preferences and career prospects.
Which IIM is better considering all the factors IIM Bodhgaya or IIM Jammu?
You should choose IIM Bodhgaya between these two. Since IIM Calcutta is the mentor institute, you will be taught by the faculties of IIM C. The placements of IIM Bodhgaya are also managed by IIM Calcutta, so you can expect good placement offers. The batch of 2022 students received an average CTC of INR 12.36 LPA.
Which college is better IIM Sirmaur or IIM Bodhgaya?
Compare the summer and final placement reports of both batches for all the 3 years. Look up the student clubs and activities on both campuses. They are absolutely necessary for your 2 years there. Finally, look up the professors in both colleges, majorly for the subject, you will probably be specializing in. Good professors impart their experience along with education. Keep in mind that IIM Bodhgaya, however, lags behind in one vital factor i.e., the number of students. In all probability, the students in the upcoming batch (your would-be batch) in Sirmaur will be more than if you were in Bodhgaya. A healthy amount of interaction matters a lot, especially because it's a business school and you benefit from the range of ideas numbers can provide.
However, the final decision is up to you entirely. Assign weights to the above factors and decide accordingly. After taking the decision, do not second guess your choice after going into one of the colleges. Make the best of your time there. Chase excellence in every facet of your MBA while you are there. If you do this, the choice part will cease to matter in a few months.
How was the placement of the first batch at IIM Bodh Gaya?
IIM Bodh Gaya is fortunate to have the mentorship and guidance of IIM Calcutta, one of the premier management institutes in India. The institute's placement process saw participation from a total of 42 companies, offering internships across a wide range of profiles and disciplines. The major sectors in focus were Consumer Goods, Banking and Financial Services, Public Sector Undertakings, and Strategy and Consulting. Additionally, there were many start-ups that recruited students who were interested in pursuing a career in entrepreneurship.
The campus saw visits from top companies such as KPMG, ITC, Henkel, Airtel, Godfrey Phillips, HDFC Bank, SBI, Shree Cements, Cholayil, Adani Group, Meril, SIDBI, BASIX Consulting, Fujitsu, DAKS, H&R Block, offering opportunities in marketing, finance, and various other roles. Public sector undertakings such as IOCL, HPCL, BPCL, NTPC, Malabar Cements (MCL), and Kerala Minerals & Metals (KMML) also visited the campus and offered general management roles. This rich diversity of companies and roles provides students with a wide range of options to choose from, aligning with their career aspirations.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
Is it worth joining IIM Bodh Gaya after graduating from NIT and working in the core sector for a year?
There are many students who are Computer Science Engineers who graduated from NIT and worked as Software Developers for months, and then made the decision to pursue an MBA at one of the most prestigious colleges in the country, IIM Bodh Gaya.
The college is mentored by IIM Calcutta and offers a wide range of subjects including HR, Finance, Operations, and Marketing, which are taught by professors from top IIMs such as IIM Ahmedabad, IIM Calcutta, and various IITs of the country. The Permanent Faculty of the college also has valuable additions across all MBA domains.
As a young IIM, the entire IIM Bodh Gaya fraternity has an entrepreneurial spirit imbibed as a collective mindset. The culture within the institute has taught you to see opportunities in every difficult situation and to work hard to achieve your goals.
IIM Bodh Gaya is definitely worth joining. The college not only provides you with the ability to succeed but also teaches you the character to stay successful. The climb may be tough and challenging, but the view is worth it. As you prepare to leave for your Summer Internship, you are grateful to the college for teaching you more than just management. It has given you the tools to be an innovative thinker and to look at the world through the lens of sustainability.
Which should I select among IIM Bodhgaya, IIM Sirmaur, and IIM Sambalpur? I have an experience of 4 years in power distribution operation as an electrical engineer, but I left the job last year.
After scrutinizing the list of colleges you mentioned, I think the most viable option is IIM Bodh Gaya. It is the most suitable among the 3 because it has been growing at a spectacular rate. The 2 major reasons for its rapid growth are
- Location: IIM Bodh Gaya enjoys a location advantage due to being situated at a Buddhist tourist spot. The historic pilgrimage site is well connected with an airport just 7 km away. Six connectivity brings in better and more faculty and also top companies for recruitment that don’t visit Sirmaur and Sambalpur due to poor connectivity.
- Mentorship: This is another factor that sets IIM Bodh Gaya apart from other baby items. Once under the mentorship of the top IIM, IIM Calcutta, IIM Bodh Gaya still has a similar pedagogy and curriculum.
Both these factors differentiate Bodh Gaya from Sambalpur and Sirmaur extremely well.
How is the hostel life in IIM Bodh Gaya?
Despite the relatively recent establishment of IIM Bodh Gaya, the hostel life at the institution has thrived in terms of culture, fun, facilities, quality, and competitiveness.
During the orientation period, current students will assist you in adjusting to the challenging environment of Bihar. You will find yourself building a large network of connections in a short period of time.
Once the academic schedule is complete and you return to your new home, exciting activities await you. You can choose from a variety of activities, including sports like basketball, volleyball, cricket, football, badminton, and running, in the various courts and stadiums within the temporary campus. If you prefer indoor activities, there are options such as table tennis and carrom, or you can watch TV in the common room. For those interested in public speaking, there are opportunities to debate, discuss and engage in friendly competitions. The drama club, as well as singing, dancing, comedy, art, and reading clubs, are also available. For those who enjoy cooking, there is a fully equipped kitchen to make your favorite meals. And if you prefer to just eat, the canteen is open 24/7 to satisfy your cravings.
Competitions and events are a regular feature of life at IIM, and you will sense the competitive atmosphere among your peers. However, the more you help others, the more help you will receive, which can help you grow your networks, strengthen friendships, and potentially win competitions. With the diverse cultures represented at IIM, there are many major festivals celebrated throughout the year, which provide the opportunity to experience and learn about different traditions and customs. As a growing institution, you will also have the opportunity to shape the culture of the institution.
In summary, hostel life at an IIM is challenging, yet exciting and fun, hectic but rewarding, and demanding but skill-building. It is a unique and fantastic experience.
How would people rank the IIM in Bodh Gaya amongst other management institutes?
Judging an institute merely on the basis of rankings is a bit wrong. This is because a newly established institute like Bodh Gaya has very low rankings despite its constant growth. So instead of ranking let’s go through some major highlights that might be more useful than ranking the institute's
Culture: The student culture is very dominant at IIM Bodh Gaya. Various clubs and committees have been established by the students themselves who keep the rigor high with events, competitions, and positive energy.
Student Exchange Program: One major USP of IIM Bodh Gaya is its international student exchange program which enables students to study for a while in a foreign university.
ROI: If you are after the ROI factor, then IIM Bodh Gaya is for you. Not only does it have fewer fees than other IIMs but its placements are almost on par with those IIMs.
Faculty: IIM Bodh Gaya has a knowledgeable faculty pool who are constantly working towards the success of the students and institute. Their pedagogy involves case study discussions and regular quizzes.
Mentorship: Earlier the institute was under IIM Calcutta so its curriculum and pedagogy is quite similar to IIM Calcutta.
Entrepreneurship: The E-Cell at IIM Bodh Gaya works actively to promote entrepreneurship culture among the students through competitions and events.
Placements: The placement statistics given below will give you a general idea of the placement scenario at IIM Bodh Gaya.
|
Particulars |
Statistics |
|
Number of students |
200 |
|
Number of Recruiters |
70 |
|
Highest package |
INR 48.58 LPA |
|
Average Package |
INR 16 LPA |
|
Median Package |
INR 15.25 LPA |
All in all, I hope the above points helped you rank IIM Bodh Gaya better among the new IIMs.
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