The Indian Institutes of Management (IIMs) located at Ahmedabad, Kolkata, Bangalore, Lucknow, Indore, Kozhikode and Shillong are institutions of excellence, established with the objectives of imparting high quality management education and training, conducting research and providing consultancy services in the field of management to various sectors of the Indian economy. These Institutions are recognized as premier management institutions, comparable to the best in the World for teaching, research and interaction with industries. All the IIMs are registered Societies governed by their respective Board of Governors.
IIMs conduct fellowship Programmes in Management (equivalent to Ph.D), Short-term Management Development and Organization based programmes as well as carry out Research and Consultancy for the industry.