IIM Bodh Gaya is one of the six new Indian Institutes of Management (IIMs) in the country established as per the decision of the Union Cabinet on 24th June 2015. It is located in the sprawling campus of Magadh University (Bodh Gaya, Bihar 824234). Till its 150 acre permanent campus comes up, IIM Bodh Gaya will operate from the state-of-the art Institute of Distance Education building of the Magadh University. The newly constructed boys' and girls' hostel are already in place. IIM Bodh Gaya is being mentored by the IIM Calcutta (the oldest IIM in the country).
Bodh Gaya is a scared city of international renown having the UNESCO World Heritage Site of the Mahabodhi temple complex which houses the famous temple/stupa and a descendant of the original Bodhi Tree under which the Lord Buddha gained enlightenment. Bodh Gaya has temples or monasteries from many other nations with a Buddhist tradition such as Bhutan, Bangladesh, China, Japan, Myanmar, Sri Lanka, Thailand, Tibet. Bodh Gaya has an international airport served by Druk Air, Thai Airways and Air India. Alternatively, one can fly to Patna (110 km away) and take a train, luxury bus, or a taxi to reach Bodh Gaya. Also Gaya is a major Railway junction on the Grand Chord line served by express, superfast and Rajdhani express trains. Places of great historical and cultural interest like Nalanda and Rajgir are just two hours' drive from Bodh Gaya. Gaya is also a great pilgrimage centre for Hindus who visit the city to offer worship to their departed ancestors. The city of Bodh Gaya boasts of several multi-cuisine restaurants, cafes and eateries.