Industrial Training (first year):- During the first term, participants undergo guided tours of organizations of different types: manufacturing and service, profit and non-profit, private and government. From the second term onwards, each participant is attached to a company in and around Indore where he/she works under the guidance of a co-ordinating faculty from the institute. The participants visit the organizations once a week for an entire working day as regular employees and are exposed to all departments and functions of the organization. The instructors also impart specific guidelines and assignments to be carried out during the participants' visits.

Summer Training:- Each participant works on a project for a period of eight to ten weeks in an organization at the end of the first year. The objective is to allow participants intense, day-to-day interaction and experience with organizations. This enables the participants to apply the knowledge they have gained in the first year of the programme through coursework and experiential learning, to an existing problem. It also facilitates an informed career choice by the participants and gives an opportunity to organizations to evaluate summer trainees for future employment.

Organizational Project (second year):- The participants are required to work in teams on a project for their first year experiential learning organization. The participants submit reports and make presentations to organizations, and wherever feasible, get involved in the implementation of their recommendations.

The objective of this exercise is to provide for the application of knowledge and skills progressively acquired in the entire programme to a first hand problem. This facilitates integration of theory and practice on a continuous basis, thereby imbibing in the managers of tomorrow, the true spirit of 'learning by doing'.