IIM Bodh Gaya Fees
Ranjini Basu, 06 Mar 2019, #IIM Bodh Gaya
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IIM Bodh Gaya Fees - IIM Bodh Gaya, one of the nouveau IIMs, precisely the 16th IIM to be established, has announced the admission for its fourth batch of PGP students. Currently being mentored by IIM Calcutta, there have been quite a few alterations in the admission criteria of IIM Bodh Gaya, in terms of parameters and weightages assigned to candidates for the final selection. IIM-BG offers the Post Graduate Programme (PGP) in Management and is expected to provide the standard specialisations such as Finance, Marketing and HR. The total IIM Bodh Gaya fees amount to Rs. 10,60,000 lakhs to be paid term-wise at the beginning of each term (six terms). Careers360, in this article, provides aspirants information related to the fees of IIM Bodh Gaya including the fee structure, number of seats, programme details and admission, and selection procedure.


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The IIM Bodh Gaya fees for the batch of PGP cover the following fee components-

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Fees Details - IIM Bodh Gaya

ParticularsFirst TermSecond TermThird TermFourth TermFifth TermSixth Term
Tuition FeeRs.1,13,750Rs.1,13,750Rs.1,13,750Rs.1,13,750Rs.1,13,750Rs.1,13,750
Room RentRs. 8,750Rs. 8,750Rs. 8,750Rs. 8,750Rs. 8,750Rs. 8,750
Academic ExpensesRs. 52,500Rs. 52,500Rs. 52,500Rs. 52,500Rs. 52,500Rs. 52,500
Caution Deposit (Refundable)Rs. 10000NANANANANA
TotalRs. 1,85,000Rs. 1,75,000Rs. 1,75,000Rs. 1,75,000Rs. 1,75,000Rs. 1,75,000


IIM Bodh Gaya Programme, Structure, and Seats
The number of seats in IIM Bodh Gaya pertaining to PGP programme for the academic session 2019-21 is 120.  
In the previous year, the number of seats in IIM Bodh Gaya of PGP programme for the academic session 2018-20 was 60. 

IIM Bodh Gaya- Admission Process
Candidates looking forward to pursuing PGP course in IIM Bodh Gaya should appear for 
CAT and meet certain other IIM Bodh Gaya admission criteria mentioned below-

Stages of IIM Bodh Gaya Admission Criteria 2019-21

  • CAT 2018 score to shortlist candidates

  • Shortlisting of candidates for Personal Appearance (PA) procedure which includes
    Written Analysis Test (WAT) and Personal Interview (PI)

  • Admission list based on cumulative scores of CAT, PI & WAT score and Profile as indicated in official policy.

Please note - CAT 2018 cutoff at IIM Bodh Gaya has changed a bit this year. In comparison to last year, the overall cutoff for the general category has increased to 95 percentile from 90 percentile. For the NC-OBC category, the sectional, as well as overall percentile, has increased from 55 to 60 and 75 to 80 respectively.


Selection Procedure of IIM Bodh Gaya
Final selection of IIM Bodh Gaya is based on the aggregate score of CAT, WAT and PI along with the candidate’s academic performance, work experience and diversity. The overall 
IIM Bodh Gaya cutoff 2018 for other categories (NC-OBC, SC, ST, and DAP) has been decreased significantly for the next academic session (2019-21).


The following table shows the weightage given to each selection round-


IIM Bodh Gaya Selection Procedure 2019-21

Stage

Weightage

CAT score

40 percent

Personal Appearance (WAT & PI)

30 percent

Profile (Academic Performance+Work Experience+Diversity)

30 percent


Offer Acceptance Fee and Withdrawal
Candidates receiving the admission offer from IIM Bodh Gaya and accepting the same within the stipulated date need to send along with Offer Acceptance, an Offer Acceptance amount of Rs. 50,000/-. If a candidate subsequently wishes to withdraw the offer within the withdrawal date specified by the Institute, ‘Offer Acceptance’ amount will be refunded after deducting Rs. 1,000 as processing fees. However, if he/she applies for withdrawal after the date specified, no refund will be sanctioned. If a candidate registers for the programme, his/her offer acceptance feed will be adjusted against the fee of first term. In the event of withdrawal from the PGP programme after registration, no refund of offer acceptance amount & term fee will be entertained.

IIM Bodh Gaya- Placement
The final placement process for the batch of 2018 witnessed 100 percent placement and participation from 35 different companies. The process registered participation from prominent industry recruiters, namely, Yes Bank, Kotak AMC, EdCIL, DS Group, Meril, Edelweiss, DTDC, Goldstone, Homefirst Finance, SIS Prosegur and Nestaway across sectors like BFSI, FMCG Manufacturing, HealthCare and Logistics. IIM Bodh Gaya candidates appeared for profiles like Marketing, Brand Management, Corporate Strategy, Wealth Management, Consulting, Project Management, Logistics and Operations, B2B Sales, Business Analyst, Relationship Management, etc. The highest CTC offered was Rs. 24 LPA and the average salary offered was Rs. 10,57,142 LPA.

IIM Bodh Gaya Fees - Bank Loans
Education Loan can be availed from banks for making the payment of the IIM Bodh Gaya fees. An education loan of Rs 10-20 Lakh is readily offered to candidates by various private and government banks who secure admission in one of the premier colleges in India (like IIMs, ISB, SPJIMR, IITs, BITS etc). Banks at times ask applicants to provide collateral security for granting the required education loan. Aspirants need to check the interest rates and processing fee with individual banks.

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