IIM Indore ( Indian Institute of Management), which came into existence in 1996, was established as the sixth Indian Institute of Management after IIM Calcutta (1961), IIM Ahmedabad (1963), IIM Bangalore (1972), IIM Lucknow (1984) and IIM Kozhikode (1996). The institute was the youngest among the IIM's until 2008, when IIM Shillong was instituted.
IIM Indore started offering its flagship two-year full-time (residential) Post Graduate Programme in Management (PGP) at Ras al-Khaimah (UAE) in 2011. It is the first IIM to have started operations outside India. This is a crucial step with IIM Indore's Philosophy to transform itself into a truly Global B-School.
The institute also offers its flagship two-year full-time (non-residential) Post Graduate Programme in Management (PGP) in Mumbai, from 2012. Till date, no IIM had a presence in the financial capital of India (Mumbai).