Institute of Management Studies-IMS is located in Indore. IMS is affiliated to Devi Ahilya University. The institute is one of the top ranking institutions in India. The Institute offers management courses to around 500 students from India and abroad. Admission is based on joint Entrance Test called Madhya Pradesh Management Joint Entrance Test (MPMJET), conducted by Vyavsayik Pareeksha Mandal (VYAPAM), professional Examination Board, M.P. The test followed by Group Discussion and personal Interview. IMS Indore was started in 1969, under Devi Ahilya Vishwavidyalaya (DAVV).