IIMK pioneered the Interactive Distance Learning (IDL) Program for working executives in India. Having started with 300 class contact hrs in 2001-02, the year-long Executive Management Education Programme is today the richest available in the country having 450 class contact hours.
The institute moved to its new campus in January 2003 and the number of programs increased manifold with this step. The training activity is expected to witness further growth with the latest 64 room executive hostel and the construction of a modern 200 bed management development complex. The Institute today is a leader in Faculty Development Programmes (FDP), conducting the largest number of programmes (18) totalling 20 weeks in 2008-09, and is the major QIP (Quality Improvement Programme) Centre of the All Indian Council of Technical Education, in the field of management education.
The Institute started its Fellow (Doctoral) Programme in Management in 2007 to complete full range of educational services expected from an Institution of higher learning and is also taking new initiative to give impetus to the post-doctoral research activities in the management field, dedicating over 30000 sq. ft. in library space for it, and creating a 300 people strong capacity for boarding and lodging facilities in summers. The Institute takes prides in conducting various National and International Conferences and has conducted 15 conferences in the last 5 years, truly living up to its motto of 'Globalizing Indian Thought'. Furthermore, the Institute has also started taking Consulting Assignments, revenue from which crossed the Rs. 10 million mark in 2007.
IIMK is also one of the few Centres for Development of Digital Libraries in the world and is a country leader. A prominent achievement which comes to the limelight is the establishment of an Incubation Centre for Excellence, in collaboration with the Government of Kerala to help the Scheduled Castes/tribes students overcome their deficiencies in communication, personality etc. Incidentally, IIMK is one of the few management institutes in the country who have filled full quota of SC/ST candidates in its Postgraduate Programme on regular basis with sound track record in job placement. With a highly qualified and experienced faculty, and backed by a large number of committed adjunct and visiting faculty from Industry and other leading management institutes including foreign universities, academics is always a high priority.
The Institute has a strong International Exchange Programme for students and faculty with several leading Management Institutes in EU and ASEAN countries like SDA, Bacconi, Jonkoping, Sweden, Copenhagen Business School, Denmark, ESCAP-EAP, France; University of Queensland, Austria, Victoria University of Wellington and so on. An active member of the Strategic Management Forum, IIMK lays stress on organizing Seminar/Conferences and conducts management programs for teachers. Leading Management Institutions like IIM Ahmedabad, Bangalore, Calcutta, Indore and Lucknow alongwith MDI, Gurgaon, XLRI, Jamshedpur and IIFT, New Delhi join hands to conduct week long faculty development programme on various subjects in the field of Strategic Management.