New Delhi: Indian Institute of Management, IIM Bodh Gaya has successfully concluded its placement season for the largest batch of 200 Students, with an increase in average salary by 33% ranging at INR 16 LPA.

IIM Bodh Gaya completed final placements for its 7th and largest ever MBA batch 2021-23 comprising 200+ students with 33% rise in the average salary and more than 100% rise in the highest salary beating the slow down.

A total number of 70 recruiters have participated in IIM BodhGaya placement and later they have expressed their interest in hiring the MBA students. While the highest salary has more than doubled to INR 48.58 LPA from INR 23.83 LPA last year, the average salary was increased to INR 16 LPA from INR 12 LPA.

IIM Bodh Gaya placement 2023 exhibited a considerable increase in the highest, average, and median salaries despite an increase in the batch size from 184 students in the 2020-22 batch to 200+ students for the 2021–23 batch.

This is evidence of the rich curriculum being provided to the students, which blends academic rigour, industry-wide networking, and the fledgling institute's drive for excellence.

Some of the top-notch companies were from across major sectors and industries like FMCG, IT & services, IT & Analytics, BFSI, consulting, e-commerce, and manufacturing.

Commenting on IIM Bodh Gaya's successful and 100% placement achievement, Dr. Vinita Sahay, Director of IIM Bodh Gaya, said that keeping in line with a developing local economy, the BFSI sector emerged as the leading employer, extending close to 50% of the total offers.

The graduating class received 97 job offers as a result of the participation of all the major banks, insurance companies, and fintech companies, including Axis Bank, BNY Mellon, HDFC Bank, HSBC Bank, ICICI Bank, ICICI Securities, ICICI Prudential, IDBI Bank, Kotak Mahindra Bank, SBI Capital, Fincare SFB, Spice Money, and Yes Bank, Sahay said. 

IIM Bodh Gaya Placement 2023: Highlights

IIM Bodh Gaya Placements 2023: Key Placements Trends 

This year, the placement recorded a tremendous increase in the average, highest and median package. Besides, there were more recruiters, more new recruiters, and the largest ever batch size. Tabulated below is the placement trends at IIM Bodh Gaya.

IIM Bodh Gaya Placement 2023: Top Recruiters

Axis Bank, BNY Mellon, HDFC Bank, HSBC Bank, ICICI Bank, ICICI Securities, ICICI Prudential, IDBI Bank, Kotak Mahindra Bank, SBI Capital, Fincare SFB, Spice Money, Yes Bank, Deloitte US, Tiger Analytics, Kantar Analytics Practice, Kore.ai Software, Factspan Analytics, Brillio, CRISIL, and Accelalpha are just a few of the marquee recruiters.

Sutherland Global, Bharti Airtel, CTS, Trinamix Inc, HCL Tech, iQuanti India, Infosys BPM, Zycus, Adobe Inc., Affinity, DemandFarm, and Park+ were among the major IT & Services companies.

Other notable companies included Adani Group, ArcelorMittal Nippon Steel India, Hindalco Industries, Mercedes-Benz, Crompton Greaves Consumer Electricals, Ultratech Cement, Maruti Suzuki India and DTDC, Amazon India, Bluestone, Haldirams, Reliance Retail, MoEngage, Porter among others.

Speaking about the outstanding placements, Head of the Career Development Cell at IIM Bodh Gaya Prof. Sabyasachi Mohapatra stated that as an institute of national importance, there's a sensitivity of the placement information; consequently, during the past years, the institute has initiated the practice of auditing the placement reports to enable aspiring professionals and students to make better and informed decisions when selecting esteemed IIM Bodh Gaya in their career-building process.

The placement reports from IIM Bodh Gaya are audited by an outside organisation and written in accordance with the Indian Placement Reporting Standards (IPRS), which are meant to standardise the reports and make them more transparent, comparable, and reliable for decision-making. Only one of the six IIMs, IIM Bodh Gaya, adheres to the strict IPRS criteria, Mohapatra revealed. 

IIM Bodh Gaya Placement 2023: Roles and Profiles Offered

The MBA students were hired for a wide range of profiles such as Management Trainee, Assistant Manager, Associate Manager, Analyst, Relationship/Development Manager, Sales Manager, Consultant among others.

IIM Bodh Gaya Placement 2023: Sectoral Placement

The participating companies ranged from online services, real estate, and edtech to banking, BFSI, fintech, consulting, manufacturing, and information technology (IT).

The MBA 2021–23 class at IIM Bodhgaya has placed its graduates in a range of industries, including BFSI, consulting, general management, logistics, manufacturing, IT, analytics, education, and fintech, among others.

Despite having the largest batch size, IIM Bodh Gaya has not only outperformed its packages from previous year; this year, there were also more recruiters offering the students niche profiles and offers.

There was a 50% share of BFSI sector, whereas the Consulting, IT-Services and Analytics sector contributed to 53 Offers and the Metals, Mining and Manufacturing shared 30 Offers during the MBA Placements at IIM Bodh Gaya. 

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