IMDR was established in 1974 as a constituent unit of the Deccan Education Society. It took over the MBA programme of the MBA Centre of the University of Pune and the DBM programme, run in the BMCC (a sister institution) since 1968. Affiliated to the University of Pune, the IMDR was also a recognised centre for research leading to Ph D. In 1977, the IMDR became an autonomous institution by voluntarily delinking from the University of Pune. Since then it has carried on its activities, independent of the University or other statutory bodies. The rationale of this step was stated in these words: "...to make our teaching programmes, methods of teaching and examination more comprehensive, more flexible and more result-oriented....".
IMDR is committed to provide quality management education to students and is guided by the values and principles of the DES. This is reflected in the fact that at IMDR there are no management quotas, no donations and no reservations. Merit remains the sole criteria for education in IMDR.
IMDR also provides opportunities to students to get international exposure through its tie-up with ESSCA one of the top management institutes of France - to attend either a semester or summer programme in ESSCA's campuses in France and Budapest ( Hungary ).
Excerpt from letter issued by Government of Maharashtra
The Institute of Management Development and Research, Pune 411 004 was established as a constituent unit of the Deccan Education Society in May, 1974. The University of Poona by its letter dated May 31, 1974 granted affiliation to the IMDR for conducting (1) Master of Business Administration, (2) Diploma in Business Management leading to Master of Management Studies and (3) Post-Graduate Research in Management under the standard terms and conditions of affiliation. Accordingly the Institute conducted the above-mentioned courses till June 1977.
Thereafter the Institute voluntarily delinked itself from the University of Poona and started conducting its own full-time and part-time courses in management. The same autonomous programmes are being conducted since 1977. The Government of Maharashtra by its letter No. RCI/1286/5793/7-A dated 3rd March 1987 granted recognition to the Institute as a research institution on no grant basis.
The two-year full-time PGDM programme is considered equivalent to the full-time MBA programme conducted by Universities, by the industry for the purpose of recruitment. The Institute is equipped with its own Library, Computer Centre, Conference Hall and Auditorium.
The Institute is a member of
The Association of Management Development Institutions in South Asia, (AMDISA).
Confederation of Indian Industry International Chamber of Commerce, India (CII)
Indo-German Chamber of Commerce Indo-French Chamber of Commerce.
Mahratta Chamber of Commerce Industries and Agriculture, (MCCIA).
Admissions to the full-time courses are given to graduates (with 12+3 years of education) through an Entrance Test, followed by Group Work and Personal Interview. The Education Testing Service of US recognizes the Institute for Graduate Studies in Business Management and sends the GMAT scores of applicants to the Institute. The Indian Institutes of Management have granted affiliation to the Institute for the purpose of their Common Admission Test of graduate programmes in Management. The Institute is ranked in the top 50 management institutions out of 750 in the country by several ranking agencies. At present, there are 200 students in full-time courses and an equal number in part-time courses.
To impart education for enlightened practice of management and sustained growth of work organizations. The participants in the educational programmes at IMDR learn to examine and modify, if needed their own practice and behavior for short term and long-term effectiveness. The belief is that sustained growth of work organizations depends on development of the unique 'potential' of each individual leading to fuller development of all in the work organization.
The Vision statement focuses on the values and processes needed to reach the goal stated in the Mission.
To create a learning community that values productive and creative actions. The educational process that would help the community realize these values is through inward and outward openness. On IMDRcampus, every member, staff or student has sufficient freedom to pursue his \her own interests while meeting the common interests of community. Free development of each individual is an essential condition for the free development of all.