IMIS conceived the need for certain specialized centres of excellence primarily to strengthen its existing educational programs. These centres work independently and are under the able guidance of designated faculties.
The Centre runs the regular academic programs of longer durations meant for students. The focus is on creativity and excellence.
Any research in the field of management is possible at IMIS. The institute has taken up a large number of research projects in these years of existence. Most of them were industry sponsored projects. But the faculty team of IMIS regularly does academic research projects. This is evident from the number of national and international paper presentations and publication in various seminars, workshops and periodicals.
One of the prime objectives is to make this centre conduct large, medium & small scale research, so that the results thus obtained can be used to enrich its other programs as well as contribute to constantly updating the concepts in the practice of managerial skills. It constantly tries to bring innovations in research designs, methodologies & induction of IT for better efficiency. Apart from research problems identified by various organizations, the centre undertakes specialized social research tasks to aid Government Vos & NGOs. This centre also takes the additional charge of publications and publishes journals & newsletters on a periodic basis. The newsletter of the Institute, "The IMIS Newsline", covers all important events, papers & extracts of seminars & workshops etc. In addition, it also gives an opportunity to the students, faculties, consultants & researchers to pursue original works.
This centre regularly publishes the much talked management journal "Pratibimba". It is a journal that provides an ideal platform to academicians and practitioners to present their research works. This journal is nationally subscribed by a large number of institutions and gets contributions from authors all around the world.
IMIS conducts training programs for corporate executives and faculties on a regular basis. Some of the prominent training areas are communications, customer service, service management, retailing and various soft skills. Faculty development programs are usually area specific and pertain to function/topical interests. All these programs are undertaken by the Centre for Training and Consulting.
Centre for Training & Consultancy (CTC) has designed specialized packages to cater to the training needs of working executives of various companies. These programs are usually of short & medium duration and cover all functional areas in management. These courses are not only designed to satisfy the training requirements of different levels of management but also to have a problem solving orientation to attaining specific client objectives. Case studies, business games, teaching & educational materials are developed in house to suit to the requirements of different programs.
CTC has never viewed consultancy merely as an advising function. Rather it emphasizes on sharing the clients' problem & trying to jointly solve it. With an enviable national & local group of consultants it covers a wide area in techno-managerial consultancy. Preparation of project profiles, undertaking feasibility studies, Pilot Projects, etc, are some of the tasks being under taken by consultancy group. CTC has ambitious plans for itself viewing it as a very important function along with academics to keep a close interaction with the environmental changes at the work place.
This center also conducts FDPs in different disciplines to increase the effectiveness of faculties from various institutions and organizations. The objective in to sharpen the teaching abilities and presentations skill as well as to make them aware about the applications of latest & sophisticated teaching techniques.
Apart from the routine academic & cultural activities the students of the institute are also encouraged to take up voluntary assignments relating to social causes. In the past, at IMIS these activities were very successful & the involvement of students was truly excellent.
The institute has created the provision for different students’ activities to break the monotony and provide relaxation from academic load through a lot of fun and enjoyment. Truly, these are some bare necessities for the aspiring managers to cope with the tremendous academic and psychological stress. It’s a forum of change to keep the mind cool and relaxed. The forum, popularly known as ‘XPRESSUS’, is for rejuvenating and revitalizing the creative talents among the students. Under this forum, different clubs, viz. Quiz Club, Music Club, Drama Club, Marketing Club, etc. are formed by the student representatives who take the responsibility to organize different activities Saturdays. The students in groups also publish a wall magazine every month. This task is undertaken by the students independently which help them in developing their creative skills. Apart from this with the support of faculty members they organize many events viz; Management Odyssey( Mega B-School Meet), Brandex (Brand Mela), Fin-Vista (Finance Club), Markues (Marketing Club), Enigma (B-Quiz Club), Voice of Ocean (Music Club) etc.
IMIS started its Spic Macay sub-chapter with a stupendous performance of the internationally renowned "THAR GROUP". The institute intends to promote classical and folk art forms of India among its youth members by getting associated to Spic Macay. Spic Macay is the Society for Promotion of Indian Classical Music and Culture amongst Youth. Spic Macay was founded in the year 1977 & has more than 150 national as well as international chapters. The non-profit, voluntary apolitical and participatory student movement, SPIC MACAY organizes, more than 1,000 classical music dance concerts, lecture demonstrations, talks and other related activities, every year in schools and universities through its centers. Its logo the "THIRD EYE" symbolizing, the third eye of the lord Shiva, inspires the inner self and rejuvenates the soul. Some of the student involvement in multifarious activities has brought many laurels to the institute. To name a few, our students have won prizes in “Ripples 2006” conducted by RCM, “Saahil” conducted by IITTM, “Convergence 2006” conducted by IBCS, “FINCON 2006” conducted by MFC, Utkal University, “Vistas 2005” conducted by ICFAI, “Crossroads” conducted by Utkal University, “Rotafest” conducted by Rotary Club etc.
The Centre for Institute-Industry-Interface (3i) group at IMIS is the most sought after forum by every body. This group consists of representative from faculty council, placement cell and students. Their primary motto is to facilitate institute-industry-interaction. This group constantly tries to keep a close vision on industry developments, personnel shifts and industry database updating. It is the soul behind all industry-academic interfaces such as training, placements, seminars, workshops, corporate talks facilitating other centres and groups of the institute.
Currently the institute actively tries to participate in the non-governmental sector. Last program was an interesting program funded by Plan International, UK. Majorly, this project had an objective of identifying and developing young girls from different slum areas of Bhubaneswar and train them salesmanship.