The main objectives of the Institute are:

• To provide professional education and training to all irrespective of caste, creed, religion, province, faith, gender, political affiliation and financial status.  

• To support executives and other in-service personnel in developing their professional competence and acquiring knowledge for their career advancement by designing and conducting the management  development programs.  

• To organize seminars, workshops and special lectures for updating knowledge of concepts and practices.

• To provide consultancy and other expert services to business organizations in various areas like finance, human resource management, marketing, production, systems and general management.  

• To conduct faculty and staff development programs for facilitating the development of professional competence and knowledge upgradation of the teachers and the non-teaching staff  of the Institutes imparting professional and technical education in the country and abroad  

• To undertake and encourage research in all areas of the management discipline.   

• To take measures for attending to the social and environmental concerns.