IIM Bodh Gaya is located in the temple city of Bodh Gaya, the most sacred pilgrimage site for Buddhists. Bodh Gaya was once the center of learning in the known world and students came from as far as Central Asia, Mongolia, Korea, China, Afghanistan, and Iran to learn not only Buddhism but science, mathematics, administration, etc. IIM Bodhgaya has its own hostels, with all the necessary amenities for different sports like cricket, volleyball, football, table tennis, basketball, badminton, etc., and a fully equipped gymnasium. The permanent campus of IIM Bodhgaya designed by CP Kukreja Architects was recently inaugurated by the PM.

IIM Bodhgaya was ranked 53rd among business/management schools in India by National Institutional Ranking Framework (NIRF) in 2023