Developing mindful leaders of business and social relevance in the global economy and to enhance academic excellence in learning practices and research is the core mission of IIM Bodh Gaya. The institution chose the value of mindfulness as its focus area. Mindfulness was introduced in the institute’s mission statement after brainstorming with all stakeholders. “In line with its mission to develop mindful business leaders and sensitise the value of mindfulness among the business community, the institute has taken multiple steps to achieve these outcomes such as setting up of its own Mindfulness Centre – Samatvam, introduction of mindfulness related courses in MBA, Ph.D and IPM programmess, etc. and organising conferences, workshops and FDP on mindfulness,” says Vinita Sahay, Director, IIM Bodh Gaya. She adds, “Through this, the institute wishes to add an important social dimension to business and management and create a greater consciousness on the triple bottom line of people, planet and profits.”
Staying Relevant
IIM Bodh Gaya ensures relevance in business trends through participation from industry to keep the students abreast with latest issues, concepts and models existing in dynamic and complex business environment. This facilitates bridging the gap between industry and academic and ensuring relevance and currency of the pedagogy.
“The institute also endeavours to develop socially responsible business leaders and its emphasis on societal impact is reflected through its vision, mission and programme learning competencies. To develop leaders of social relevance, IIM Bodh Gaya believes that contributing to society is as imperative as academic achievements,” underlines Sahay. She further says, “As responsible future managers, it is a prerogative of every individual to contribute to society. The institute has actively participated in various social initiatives like ‘a river cleanliness drive’ and ‘rural welfare programme’ attempting to influence others' lives and leave an indelible mark on others’ lives”.
Innovative & Immersive Pedagogy
The common thread of academic excellence binds all the activities undertaken at IIM Bodh Gaya. This is predominantly accomplished through its innovative pedagogy involving immersive learning experience.
The flagship MBA programme of IIM Bodh Gaya equips a student for an industry and services-led career in the global environment. The programme imparts theoretical and practical erudition of different functional areas of management endowing the students with an overall approach to management functions and managerial skills. “The programme is designed to equip our students with a strong awareness and knowledge about the socio-economic environment both at national and global level.” The objective is to bring into being a global manager not only with strong analytical and decision-making skills but an overall personality with socially enviable values and ethics.
Five-year Integrated Programme
In line with the growing need for trained managerial talent, IIM Bodh Gaya started its five-year Integrated Programme in Management (IPM) from academic session 2021. The objective of the programme is to prepare candidates from a foundation level for taking up leadership positions in corporate and government organisations.With an early induction to the programme and a rigorous and holistic curriculum, the students will demonstrate problem solving skills supported by appropriate analytical techniques and will use ethical and socially conscious judgement while analysing business situations. Candidates successfully completing the course requirement of integrated programme in management would be awarded Bachelor of Business Management and Master of Business Administration by IIM Bodh Gaya. Candidates opting for exit after completing the requirement of first three years, would be awarded Bachelor of Business Management. The Ph.D programme in management at IIM Bodh Gaya is a full-time residential programme that aims to foster quality researchers, innovative thinkers and touchstone academics.
The institute has launched three executive certificate programmes on Artificial Intelligence & Machine Learning, Business Management and Digital Marketing for Business. The programme incorporates several tools and techniques used in the industry for analytics applications.
Interdisciplinary Approach
The institute has signed a MoU with academic institutions like Indian Institute of Technology, Patna and All India Institute of Medical Sciences, Patna to collaborate on interdisciplinary research and teaching. IIM Bodh Gaya has also signed MoUs with over 22 international institutes for research and teaching activities. Faculty and staff members are part of these exchange programmes with international partners. The research collaborations with international faculties are slowly picking up in numbers. The University of Derby, UK collaborated with IIM Bodh Gaya along with a couple of other institutions across the world to organise an online workshop to develop the network of international academic researchers to promote research collaboration in the area of operations and supply chain sustainability.
The institute has partnered with the State Health Society, Bihar to provide management solutions to address their grassroots problems associated with limited reach and lack of motivation and engagement. IIM Bodh Gaya faculties provided the management expertise by designing and delivering management development programmes for the employees of State Health Society, Bihar. The institute organised training sessions for local budding entrepreneurs of micro and small enterprises in aspects related to management under the Chief Minister Entrepreneur Scheme of Bihar government.