Institute of Management Studies (IMS), a premier institute of Business Management, was established on 21 August 1969, under the aegis of the University of Indore as the Management education wing of the university. It was named as Department of Business Management in 1974 and was granted the status of Institute of Management Studies in 1988. It is the oldest institute of the city that offers an MBA degree. Initially, the organization offered only a 'Distance Education' degree in business administration with three-year duration. However, the intake capacity was later increased. Over the period of time IMS has earned a reputation for academic excellence in providing practical and quality academic programmes in the field of Management.
IMS has been continuously working in the field of management education with the objective of creating global leaders who can navigate the ever-changing business landscape. The curriculum is constantly updated to meet the dynamic needs of industry and academia. This provides an opportunity to continuously engage in innovating curricula by envisaging current and emerging challenges and opportunities in the business environment. IMS has signed an MOU with National Civil Defense College, Nagpur with an aim to provide knowledge and generating awareness for management of responses to disasters.
Today, it has student strength of more than 1500 students studying as full-time students under different programmes. The institute also offers MBA programme for Executives along with Ph.D and M. Phil in Management.
IMS has developed a strong industry-linkage that has continuously provided unstinted support and co-operation in the form of enrichment of curriculum, trainings and placements. At IMS we believe in Dedication, Determination, Discipline and Efforts. Our students are groomed keeping in mind the current needs and challenges of the corporate work environment. Our syllabus, academic inputs and corporate lecture series enable building foundation and thought process for a successful corporate career. Each student goes through test of fire, making them fine steel, our students hail from different backgrounds like Engineering, Pharma, Biotechnology, Commerce, Arts etc. from different regions of the country. The confidence of the corporate world is reflected in our excellent track record of placements which is on a rise year on year.