Indian Institute of Management, Sirmaur

What Indian Institute of Management, Sirmaur does

Indian Institute of Management, Sirmaur (IIM Sirmaur) is a publicly funded, centrally recognized management institution established in 2015 as a third-generation Indian Institute of Management, located in Himachal Pradesh, India. It sits within the statutorily protected IIM system and operates with a small permanent employee base (11-50), supported by visiting and adjunct faculty drawn from IIM, IIT, and international institutions. Its mandate is postgraduate and executive management education, and it has produced six graduated cohorts since inception.

The institution delivers a portfolio of programs including the two-year flagship MBA, MBA in Tourism, the Fellow Programme in Management (PhD), a Bachelor of Management Studies (BMS) undergraduate track, an Executive MBA in General Management, an EMBA-DTA, PGPEX-LSM, an Executive PhD, and Management Development Programs (MDPs). In 2025 it launched what it positions as India's first AI-native MBA for Working Professionals, built around generative AI, agentic systems, and prompt engineering modules in collaboration with Futurense Technologies. International immersion is delivered through an MoU with emlyon business school (France), while domestic corporate training channels are expanded through partnerships with HPCL, CASFOS, ITSA, and other public-sector bodies.

Revenue mechanics are split between government grants (under the IIM Act framework), program tuition across MBA and executive cohorts, and corporate MDP contracts (approximately 15 MDPs in FY2024-25). Distribution leans on the IIM brand, NIRF rankings (rank 57 in 2024, up from 98 in 2023), and a small but expanding partner network for both student recruitment and corporate training demand. The operating model is closer to a publicly chartered business school than to a commercial education company, with growth driven by program launches and partnerships rather than equity capital.

Name

Indian Institute of Management, Sirmaur

Legal name

Indian Institute of Management, Sirmaur

Website

https://iimsirmaur.ac.in

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

IIM Sirmaur is a publicly funded third-generation Indian Institute of Management, established in 2015 in Himachal Pradesh, offering postgraduate, executive, and undergraduate management programs including India's first AI-native MBA for working professionals, serving students, professionals, and public-sector clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Nahan

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Degree Programme Tuition Fees: Revenue generated from tuition fees for full-time MBA, Executive MBA, PhD (FPM), and Executive PhD programs. The MBA with AI for Working Professionals charges ₹4,00,000 per academic year for two years, totaling ₹8,00,000, with additional registration and campus immersion fees.
2. Executive Education Programs: Revenue from Management Development Programs (MDPs), customized executive programs, and certificate/diploma programs for government and corporate sector capacity-building initiatives. Approximately 15 MDPs were conducted in FY 2024-25.
3. Bachelor of Management Studies (BMS): Revenue from undergraduate management education through the Bachelors of Management Studies program targeting students from across the country.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

IIM Sirmaur is a government-funded autonomous public institution offering management education and research programs including a flagship two-year full-time MBA, MBA Tourism, PhD (FPM), Bachelor of Management Studies, Executive MBA programs, an AI-native MBA for Working Professionals, Executive PhD, and customized Management Development Programs (MDPs) for corporate and government clients.

Product overview

IIM Sirmaur operates as a management education institution offering a portfolio of degree and executive education programs. The core offerings include the flagship two-year full-time MBA, Ph.D. (FPM) doctoral programme, MBA Tourism sectoral programme, and the newly launched Bachelor of Management Studies (BMS) for undergraduates. Executive education comprises Executive MBA in General Management, Executive MBA in Digital Transformation and Analytics, and the pioneering MBA with AI for Working Professionals (India's first AI-native executive MBA). The institution also offers PGPEX-LSM for manufacturing leadership, Executive PhD for senior professionals, and Management Development Programs (MDPs) for corporate training. Programs are delivered through various formats including full-time residential, weekend-based non-residential, hybrid/blended, and online modes to serve different professional segments.

Differentiator

Problem solved

Functional benefit

Products and services

• MBA Programme Two-year full-time residential Master's level programme leading to the grant of a Master of Business Administration (MBA) degree, with multiple specialization areas, designed for graduates seeking post-graduate management education.
• Ph.D. Programme (FPM) Full-time residential doctoral programme (Fellow Programme in Management) in various areas of specialization in management studies for candidates seeking doctoral-level research qualifications.
• MBA Tourism Programme Two-year full-time residential sectoral MBA programme in tourism management with three trimesters per academic year, leading to the degree of MBA Tourism.
• Bachelor of Management Studies (BMS) Undergraduate management studies programme targeting curious and dynamic students from across the country, part of IIM Sirmaur's expansion into undergraduate education.
• MBA with AI for Working Professionals India's first AI-native MBA program, a 24-month blended format (100% Live Online + Campus Immersion) executive MBA designed for working professionals, integrating management education with Generative AI, agentic systems, data-driven decision-making, and AI-led business execution with 4 specialization tracks.
• Executive MBA in General Management Premier two-year, weekend-based, non-residential program designed for working professionals seeking to enhance business acumen without interrupting their careers, focusing on real-world applications and leadership development.
• Executive MBA in Digital Transformation and Analytics (EMBA-DTA) Two-year, weekend-based, non-residential hybrid program designed for future digital leaders, equipping executives with expertise to drive digital transformation with specialized skill sets in Digital Transformation and Analytics.
• Executive PhD (EPhD) Executive doctoral programme with 4-6 year duration for working professionals with 5+ years experience, featuring online weekend classes and semester campus visits.
• PGPEX LSM

Quantifiable outcome

• NIRF ranking improved from 98th (2023) to 57th (2024) within one year
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature3 records

Partnerships

Six partnerships are on record, tiered minor and core.

• HPCL (Hindustan Petroleum Corporation Limited)minorStrategic or Co-development Partner · 25 August 2025MoU signing between HPCL and IIM Sirmaur on 25 August 2025 for collaboration in areas of mutual interest including executive education, research, and student engagement.
• emlyon business school, Lyon, FrancecoreStrategic or Co-development PartnerIIM Sirmaur signed a Memorandum of Understanding (MoU) with emlyon business school, Lyon, France to collaborate on academic programs, faculty exchange, student mobility, and joint research initiatives. emlyon is a leading European business school.
• Top French UniversitiescoreStrategic or Co-development PartnerIIM Sirmaur collaborates with top French universities to launch two Executive MBA programs for professionals, enhancing international academic exchange and program offerings.
• International Tourism Studies Association (ITSA)coreStrategic or Co-development PartnerIIM Sirmaur entered a partnership with the International Tourism Studies Association (ITSA) to support its MBA Tourism program and related academic activities, providing industry exposure and research collaboration in tourism management.
• CASFOS (Centre for Advanced Studies in Fiscal Sciences)minorStrategic or Co-development PartnerMoU signing with CASFOS for collaboration in fiscal sciences and related academic programs, as shown in the institute's MoU signing event photograph.
• Futurense Technologies Pvt. Ltd.coreGTM or Marketing PartnerFuturense Technologies serves as the admissions and industry partner for IIM Sirmaur's MBA with AI for Working Professionals program. They provide AI tools, masterclasses, labs, implementation blueprints, and industry masterclasses. Located at Ground Floor & 1st Floor, Incubex HSR23, 19th Main Road, Sector 4, HSR Layout, Bengaluru, Karnataka – 560102.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• IIM Ahmedabad (IIMA): India's preeminent management institution and the benchmark against which all IIMs (including Sirmaur) are measured. Comparable in product portfolio (MBA, executive education, FPM) and in competing for CAT-qualified applicants.
• XLRI Jamshedpur: Long-established, highly-ranked private management institution with strong HRM and BM programs. Comparable as a peer for MBA applicants and corporate executive education mandates.
• IIM Calcutta (IIMC): Legacy IIM offering flagship MBA, MBAEx, and doctoral programs. Comparable as a direct IIM-brand competitor for students, faculty, and recruiter relationships nationally.
• ISB Hyderabad: Premier private-sector management school offering one-year MBA and executive programs. Comparable as a competitor for working-professional executive MBA applicants, especially for the AI-MBA segment.
• IIM Bangalore (IIMB): One of the legacy, top-ranked IIMs offering flagship MBA, executive education, and doctoral programs. Directly comparable as a peer IIM competing for the same student, faculty, and recruiter pool across India.
• IIM Lucknow (IIML): Mentor institution to IIM Sirmaur at founding; legacy IIM with similar portfolio (MBA, executive, FPM). Directly comparable in northern India recruiter market and serves as the institutional benchmark Sirmaur grew from.

Direct peers

• IIM Rohtak: Contemporary IIM comparable in vintage and standing; competes for the same student cohort. Source of multiple competitive events (case competitions, sports meets) where Sirmaur students benchmark themselves.
• IIM Trichy (IIMT): Newer IIM established in 2011, very similar positioning to IIM Sirmaur — same era, comparable NIRF band, similar MBA/executive portfolio. Closest direct peer in lifecycle stage and competitive set.
• IIM Kozhikode (IIMK): Third-generation IIM with strong executive education (especially via interactive learning technology) and a comparable second-tier IIM positioning. Competes with Sirmaur for mid-tier CAT applicants and corporate MDP clients.
• IIM Indore (IIMI): Third-generation IIM with full MBA, EPGP, and FPM portfolio and strong five-year integrated program. Comparable as a peer IIM competing in NIRF mid-tier rankings and for executive education mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/iimsirmaur
• LinkedInlinkedin.com/company/area-51-trading-and-investment-club-of-iim-sirmaur

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indian Institute of Management, Sirmaur