Indian Institute of Management Bodh Gaya

The Indian Institute of Management Bodh Gaya (IIM-BG) is an autonomous public business school in Bodh Gaya, Bihar in India. It is the 16th Indian Institute of Management (IIM). The institution was mentored by Indian Institute of Management Calcutta.

History
Originally named IIM Bihar, IIM-BG was one of five Indian Institutes of Management (IIMs) set up by the 2014 Union budget of India. The academic session for the first batch was inaugurated by HRD Minister, Smriti Irani on 31 August 2015.

In 2018, Dr. Vinita S. Sahay, professor of marketing at the Indian Institute of Management Raipur, was appointed by the Government of India as the first director of IIM Bodh Gaya. Dr. Vinita S. Sahay is only the second woman in the country to lead an IIM. Top leaders and industrialists like Uday Kotak (Chairperson & MD & CEO, Kotak Bank Ltd.), Janmajeya Sinha (Chairman, Boston Consulting Group India), Falguni S. Nayar (Founder & CEO, Nykaa.com) and many other eminent personalities constitute the Board of Governors of IIM Bodh Gaya.

Campus
IIM Bodh Gaya is located in the temple city of Bodh Gaya, the most sacred pilgrimage site for Buddhists. Bodh Gaya was once the center of learning in the known world and students came from as far as Central Asia, Mongolia, Korea, China, Afghanistan, and Iran to learn not only Buddhism but science, mathematics, administration, etc. IIM Bodhgaya has its own hostels, with all the necessary amenities for different sports like cricket, volleyball, football, table tennis, basketball, badminton, etc., and a fully equipped gymnasium. The permanent campus of IIM Bodhgaya designed by CP Kukreja Architects was recently inaugurated by the PM.

The Prime Minister inaugurated various education and skill development projects at a cost of over Rs 13,300 crore at a function held in Jammu. In this series, he inaugurated Bodhgaya IIM online.

Startup Hub Incubation Center-INSPIRE
The IIMBG INSPIRE (IIM Bodh Gaya-Incubation Centre To Support Innovation Research And Entrepreneurship) was established in the IIM BG campus with the purpose of supporting entrepreneurial endeavors at IIM Bodh Gaya. It encourages students studying at IIM Bodh Gaya to make use of the incubation center. INSPIRE has played a pivotal role in incubating three campus startups initiated by IPM students of IIM Bodh Gaya, including Discorso, a podcast developed by students of Envision, Can3 on wheels, a fast food kiosk, and Drinks Exchange, a specialized kiosk offering a range of juices and shakes.

Master of Business Administration (MBA)
The Post Graduate Programme in Management (PGPM) is a two-year, regular, full-time residential program. Admission to the PGP course of IIM Bodh Gaya is conducted each year through the Common Admission Test (CAT). The PGP course consists of six trimesters spread over the two years. The first year constitutes the fundamental courses which lay the premises for various management roles. Between the first and second years, students are expected to go through an eight-week summer internship. The second-year constitutes the elective courses that provide diverse opportunities for students to study and specialize in their specific fields of interest.

IIM Bodh Gaya follows the same pedagogy of its previous mentor, the Indian Institute of Management Calcutta.

Integrated Programme in Management (IPM)
The Integrated Programme in Management (IPM) is a five-year, full-time residential program that combines undergraduate and postgraduate management studies. Admission to the IPM course of IIM Bodh Gaya is based on the Joint Integrated Programme in Management Admission Test (JIPMAT) conducted by the National Testing Agency (NTA) and academic profile. The IPM course consists of six semesters (3 years) and six trimesters (2 years), dividing the program into two halves.

After the completion of the second year, students will have to undergo a compulsory Rural and Social Immersion internship. In the sixth semester, students are required to choose a sector-specific specialization. Upon successful completion of the program, students are awarded the Bachelors of Business Management (BBM) and Master of Business Administration (MBA) Degree by IIM Bodh Gaya. Additionally, candidates who opt to exit the program after completing the requirements of the first three years will be awarded the Bachelor of Business Administration (BBA) degree.

MBA (Digital Business Management)
The MBA in Digital Management is a two-year, full-time residential program offered by IIMBG. Admission to the program is conducted annually through the Common Admission Test (CAT). The curriculum is structured into six trimesters spread over the two years, with the first year focusing on fundamental courses. Students get the opportunity to participate in an optional 21-day immersive learning module at a foreign institute. Additionally, the program includes a 4-month intensive industry internship, where students actively engage in live project implementation.

MBA (Hospital & Healthcare Management)
The MBA in Hospital & Healthcare Management is a two-year, full-time residential program offered by IIM Bodh Gaya. Admission to the program is conducted annually through the Common Admission Test (CAT). The curriculum is structured into six terms over the two years, with the first year dedicated to core courses. In the second year, students can choose elective courses from two specialization tracks: "Hospital Management" and "Healthcare Management." At the end of the first year, students have the opportunity to engage in an industry immersion program lasting 4 months. Additionally, in the 5th term, students participate in a community project that involves conducting a field study to understand various public health issues and effectiveness of public health schemes run by the government.

Ph.D. Program In Management
The Doctoral Programme in Management at IIM Bodh Gaya is a 5-year full-time residential program offered by IIM Bodh Gaya. The program aims to train researchers, thinkers, and academic professionals in the field of management. It provides an opportunity for students to engage in multidisciplinary research within the domain of management education.

Scholarship

 * Stipend till Comprehensive Exam: Rs. 32,800/- per month
 * Stipend post Comprehensive Exam: Rs. 35,400/- per month
 * Stipend post approval of Thesis Proposal: Rs. 39,300/- per month

Student Exchange Program
IIM Bodh Gaya is one of the top B-schools in India and has further strengthened its position through meaningful and mutually beneficial collaborations with different esteemed institutions around the globe. This step was taken with the intention of providing the students with a broader and better view of strategic development in the global era by responding effectively to rapid changes in the social, economic, legal, technological, cultural, and political environments. IIM Bodh Gaya has collaborated with ESC Clermont Graduate School of Management (France), Montpellier Business School (France), Alba Graduate Business School (Greece), SolBridge International School of Business (South Korea), Instituto de Estudios Superiores de Administración (Venezuela), the University of Florence (Italy), Universidad De Monterrey (UDEM, Mexico), and few more under process.

Rankings
IIM Bodhgaya was ranked 53rd among business/management schools in India by National Institutional Ranking Framework (NIRF) in 2023