It offers various management courses leading to the degrees Master of Business Administration MBA, Bachelor of Business Administration (BBA) and integrated MBA i.e (BBA+MBA) in several disciplines, (BBA+MBA)Hospital administration was started as a branch of management studies in India by this institution and holds the record of providing best of the administrator's in the field also IMS was first Institute of the state to start (BBA+MBA) i.e.

It offers the following branches for Management: The institute was established in 1969 and was then called the Department of Business Administration.

Initially, the organization offered only a 'Distance Education' degree in business administration with a three-year duration.

Today, it has more than 3,000 students of various disciplines studying as full-time or part-time candidates.

The Takshashila Campus is at the outer part of Indore near Bhawarkua at Khandwa road.