Indian Institutes of Management (IIM), Bodh Gaya is the new addition to the IIMs. It is third generation IIM which was established in 2015.  IIM Bodh Gaya is setup in Bodh Gaya in Bihar under the mentorship of IIM Calcutta which is the oldest IIM in the country. At the starting of its establishment, IIM Bodh Gaya adopted the methodology of its mentor i.e. IIM Kolkata. IIM Bodh Gaya is set up with an aim of nurturing independent minds with a global impact on business and society. Its mission is to offer research-oriented pedagogy of international standards and carry out high-quality interdisciplinary research on contemporary themes. They are completely dedicated to advance the practical awareness of business and its role in society.

At its initial stages, the institute follows the standards of its mentor institute. It followed similar academic rigour and offered courses in the same specialization like finance, marketing and HR. Even Professors from IIM Kolkata started the courses to make the base of the institute stronger. But now the institute has broaden its base and it started recruiting its own faculty members proficient in research & teaching and laying foundation to its permanent campus.

IIM Bodh Gaya has become the first self-sufficient among the new generation of IIMs. Now IIM Bodh Gaya designs its own curriculum and pedagogy. Its current curriculum involves intensive case studies, field work, role plays, workshops, industrial visit, guest lectures from the reputed personalities etc. IIM Bodh Gaya offers Post Graduate Program in Management and PhD program in Management. The programs offered by it, provide world-class management education producing highly skilled management professionals and to meet the requirements of different enterprises of different sectors. The institution is getting better year by year.

IIM Bodh Gaya has strong connection with the corporate environment. It has created a placement cell which solely focuses on offering a variety of career opportunity to the students. It also organizes pre-placement talks, seminars, mock interviews to make the students ready for the professional world. The Institute offers various scholarship and financial aids to deserving and meritorious students. These scholarships include Central Sector Scholarship Scheme, Scholarship by the Ministry of Minority Affairs for minorities.