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Questions Asked On IIM Bodh Gaya, Gaya
What is the preferred order among IIM Amritsar, IIM Bodh Gaya, or IIT Roorkee for taking an MBA course? Where should I attend?
My brother has offers from Bodhgaya as well as Amritsar but chose the former for a number of reasons. Some of these reasons have been listed below
- IIM Bodh Gaya was initially under the mentorship of IIM Calcutta for five years and thus adopts a similar teaching methodology which is phenomenal.
- The curriculum caters to various arenas of Management and is updated to meet the changing demand of the industry.
- Despite being a new IIM, it has been able to make its mark in terms of batch size, profile, academics, and placements.
- IIM Bodh Gaya Placements 2023 has a record of 100% placements. The average salary increased by 33% at INR 16 LPA whereas the highest salary increased by more than 100% at INR 48.58 LPA. 70 recruiters participated in the placement drive. Some of the top recruiters are Amazon, BNY Mellon, Deloitte, HCL, Infosys, and ICICI Bank
- Several clubs and committees run by students keep the campus life dynamic and promote extracurricular activities as well.
- An E-Cell runs to promote startup culture among the students through summits, events, and competitions since its inception.
- IIM Bodh Gaya is known for its academic rigor and thus has collaborations with various international B-schools for an exchange program for both the students and the faculty members.
- The ROI is also high around 99%
IIM Bodh Gaya is a perfect blend of academic rigor, and opportunities for growth and extracurricular activities and thus should be preferred over IIM Amritsar. As far as IIT Roorkee is concerned, MBA is best done from a Business School as the environment is an important factor that is lacking in the case of an engineering college like IIT Roorkee.
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.
Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)
It depends on your profile. If you are a general category student with good academic records - more than 85 percent throughout 10th, 12th, and graduation, then old IIMs will be better.
If you aren’t getting the old IIMs, you can consider new IIMs like IIM Nagpur, Sambalpur, Vizag, Amritsar, Sirmaur, and Bodhgaya. Being part of any recently established institute is a different experience altogether. You will get to set the culture on campus which your juniors will inherit. These baby IIMs have decent placements. You will get placement opportunities through campus drive if you have a good academic record. Here are the average CTC statistics for these IIMs.
| Institute | Average CTC |
| IIM Nagpur | INR 15.21 LPA |
| IIM Vizag | INR 15.06 LPA |
| IIM Amritsar | INR 14.63 LPA |
| IIM Sirmaur | INR 12.74 LPA |
| IIM Bodhgaya | INR 12.36 LPA |
| IIM Sambalpur | INR 12.64 LPA |
If you are willing to work hard and want to take advantage of opportunities that come with newly established institutes, then you should join these new IIMs.
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.
Which is better, IIM Bodh Gaya or SIBM Bangalore?
The brand of IIM is well-respected and will continue to hold weight in the future. IIM Bodhgaya is a relatively new institute and has the potential to grow further in the coming years. While SIBM Bangalore may have slightly better placement opportunities, graduating from IIM Bodhgaya will be a great achievement and you will be proud to say that you have studied at an IIM.
It is important to note that both institutions have a strong culture of study and competition among students. However, if you have the determination and belief that you can score higher on the CAT exam and have strong academics, it may be worth considering giving it another shot for the chance to attend a better institute. It's important to weigh all the options and consider the long-term benefits before making a decision. Ultimately, the choice is yours and it's important to choose the institution that aligns with your career goals and 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.
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.
Can I use my IPMAT Indore score to apply for IIM Rohtak, Jamu Bodh Gaya, and Ranchi?
IIM Rohtak conducts a separate exam, known as the Integrated Program in Management Aptitude Test (IPMAT), to give admission to the Integrated Program in Management (IPM) course offered. Similarly, the Joint Integrated Programme in Management Aptitude Test (JIPMAT) is conducted to give admission to IIM Jammu and IIM Bodh Gaya. Only IIM Ranchi accepts the IPMAT (Indore) score.
The IPMAT exam is divided into two sections Quantitative Aptitude: QA MCQ and QA SA, and one section of Verbal Aptitude. For the QA SA section, it is important to develop a strong conceptual understanding of arithmetic, algebra, and geometry topics. This will help you to perform well in this section. The QA MCQ section is relatively tricky and you need to be quick and precise with your answers to score well. The concepts used in this section will be familiar from your studies in classes 8th to 12th, but you must know how to apply them to the questions given. The third section, VA, is generally considered to be the easiest and most scoring section, as you can finish it in a shorter amount of time. To excel in this section, it is important to work on your Reading Comprehension skills, grammar, and vocabulary.
If you successfully clear the IPMAT exam, you will be required to give the Written Ability Test (WAT) and Personal Interview (PI) for IIM Indore. To prepare for these, it is recommended to read good news editorials, the economy and finance sections of reliable newspapers, and learn how to prioritize and arrange your arguments in a cohesive manner. Most importantly, learn how to leverage what you already know to your advantage. To get a better idea of the exam pattern and syllabus, it is advisable to start attempting mock tests.
Is it preferable and possible to do a CFA along with an MBA in Finance if I take admission in IIM Bodh Gaya?
It is possible to pursue the Chartered Financial Analyst (CFA) certification in conjunction with an MBA degree from IIM Bodh Gaya, as well as other certifications such as Financial Risk Manager (FRM), Financial Modeling and Valuation Analyst (FMVA), Certified Business Continuity Analyst (CBCA), Certified Market Surveillance Analyst (CMSA), National Institute of Securities Markets (NISM), and National Stock Exchange's Certification in Financial Markets (NCFM).
Whether or not it is preferable to pursue the CFA certification alongside an MBA in Finance is a matter of personal preference. Like other IIMs, IIM Bodh Gaya has a rigorous curriculum and pedagogy. If you are able to make time outside of committee and club activities and studies and are willing to sacrifice some sleep, pursuing these certifications can greatly enhance your resume and increase your marketability in the job market. However, it is also a high-risk, high-reward decision. Even if you do not pursue these certifications, IIM Bodh Gaya will still provide you with attractive job offers if you put in the effort.
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