The institute has been rated “A” by National Assessment and Accreditation Council (NAAC) twice consecutively in 2009 and 2014.
The Institute is ISO 9001:2008 certified.
The Institute has received international accreditation from International Accreditation Organization.
In recognition of its performance and high standards in providing quality education, the Institute has been conferred Autonomous Status by the University Grants Commission as well as Devi Ahilya Vishwavidyalaya on the recommendation of a high powered expert committee appointed by UGC to inspect the Institute. This is a major milestone for the Institute.
The MBA program offered by the Institute has been accredited by National Board of Accreditation of the All India Council for Technical Education, New Delhi.
In view of performance of the Institute, Devi Ahilya University has accorded permanent affiliation to the Institute.
The University Grants Commission, New Delhi has recognized the Institute under Section 2(f) and 12(b).
The Institute has been Conferred “Hall of Fame” Award by Dewang Mehta B-school in 17th B-School Affair in 2009.
Prestige institute of Management and Research has signed MOU with the SIAM University, Thailand and International Latin University, Argentina.
Faculty members are having educator access to the Harvard Business publishing and regularly accessing copies of cases, articles, chapters, online courses, simulation teaching notes and facilitators, guides etc.
Most of the courses of study are taught to inculcate in the students the ability to analyze the problems and to develop analytical skills and an appropriate approach to problem solving.
Mendel University of Agriculture and Forestry, Brno, Czech Republic, The College of Management Mahidol University (CMMU), Bangkok, Thailand and Prestige Institute of Management and Research (An Autonomous Institution), Indore, have signed an MoU to develop closer ties between the Institutions of learning in the field of modern Management Education.
The Institute has also signed MOUs with AISEC for providing Foreign Internship to the students; ASPIRE for enhancing personality and presentation skills of the students, and with Punjab National Bank for student loan.
A Global News Magazine Eurasia Times ranked the Institute as the Top Management Institute in the state of Madhya Pradesh.
Management games and cases are used to simulate business environment, develop involvement and participation and make the learning purposeful and effective.
Major foreign languages like French, Chinese and German are taught to students to help them prepare for international business.
Foreign faculty are invited in the Institute to take classes especially in foreign language / foreign country orientation and management related subjects. In the year 2009-2010, three faculty members of China, Ms. Qi Ping Wang; Ms. Guan Shuang; and Ms. Linna Fu had come to the Institute to teach Chinese to the students. In the year 2010-2011, three faculty members of China, Mr. Ran Weiming; Ms. Xiaowen Zu and Ms. Liwei Wu had come to the Institute to teach Chinese to the students.
Seminars and extra-mural lectures are organized from time to time for students to encourage prospective professionals to be skillful in seeking and acquiring knowledge rather than having it imparted in the class rooms only.
The Institute offers consultancy service to industrial and business units through its faculty especially in the areas of production, finance, marketing, human resource management, systems and typical problem areas of general management. The Institute has already provided consultancy to Computer Software Corporation India, Directorate of Distance Education – Pondicherry University and Aegis School of Telecommunication.
This is a unique feature of the Institute that provides opportunity to each faculty member to share his/her thoughts and academic views. Academic forums are held every fortnight to arouse and sustain academic ambience in the Institute
The Institute is developing a Case Bank for facilitating the faculty in procuring cases on various topics. Besides having a collection of 593 cases from various sources, it also includes the cases for classroom teaching and training programs developed by the faculty of the Institute.
FACULTY AND STAFF CLUBS
PIMR has a Faculty Club as well as a Staff Club, which celebrate birthdays and organize farewell parties and outings to facilitate the development of fraternity amongst all members of the PIMR Family. The employees of the Institute are sensitive to social issues, and have always come forward at the time of national disasters and calamities. They voluntarily donated one day's salary towards Mumbai Deluge Relief Fund, Tsunami Relief Fund, Gujarat Earthquake Relief Fund, Orissa Relief Fund, Chennai Flood Relief Fund in the past.
The Institute regularly organizes various cultural and social activities. Functions like Independence Day and Republic Day are celebrated by students, faculty and staff members with patriotic zeal. Sports Competitions, Quiz, Antakshari etc. are some of the regular co-curricular and extra- curricular activities of the Institute. To promote Indian culture amongst youth, some of the programs organized in association with SPIC-MACAY are as under :
To promote Indian culture among youth, some of the programs used to organized in association with SPIC-MACAY. The Institute has organized a Musical event in collaboration with SPIC-MACAY on September 19, 2014. The artist were Dr. Dhanajay Daithaneker and with him Shri Ulhas Rajhans was on Tabla. The institute has also organized a musical instruments performance by Dr. Kamala Shankar in collaboration with SPIC-MACAY on 5TH February 2015.
The institute has also organized a musical event in collaboration with Spic Macay on 4th August 2015. The artist was world s renowned flutist Shri Shashank Subramanyam .
Rotary International has given Charter to install Rotaract Club in the Institute to provide opportunity to the students of PIMR to serve the society in general and weaker sections in particular and carry out programs to maintain the ecological balance. The PIMR Rotaract Club was adjudged as the Best Rotaract Club of the Rotary District 3040 for the year 2004-05. It organizes various activities like Blood Donation Camp; and Rose Day and Chocolate Day to raise funds which is donated for noble cause. Following Activities were organized under the banner of Rotract Club in 2014-2015; Tree plantation activity was conducted on 9 October 2014.Free eye check up was organized on 30th March, 2015. Blood donation camp was organized on 31st March 2015; free skin and hair camp was organized on 1st April 2015. Other activities in 2014-15 includes donation at Aastha Vriddhajan Sewa Aashram, and Chocolate stall for Yatna Foundation ,a NGO for Blind students Technical Education .
On March 1, 2011, PIMR organized “Chocolate Day celebration” for faculty and students. The event was an amalgamation of enjoyment and social cause. Through this activity an amount of INR 6850 was collected on this occasion and was given to the PIMR Rotract Club which will be further used for a noble cause.
On February 12, 2011 Under the aegis of PIMR Rotary Club the Institute organized Rotract Friendship Exchange Program with UK 1220 Chapter. On this occasion an amount of Rs 10,000 was donated to Sanjeevani Seva Sansthan, Indore for new born children’s welfare.
On November 19, 2010,National Communal Harmaony day was celeberated and sticker flags were sold and an amount of INR 2420 was generated.
On September 5, 2010, Teachers day was celebrated and a sum of INR 3000 was donated to UNICEF.Also the students of Future Foundation(An NGO) were invited to attend the same program and they were donated stationary set.Also lunch was provided to them.
On August 15, 2010, Independence day was celebrated, dance programmes of deaf students of Sanjivni Sewa Sangam Sansthan were organized in Prestige Campus and a sum of rs.18000 was donated for hearing aids,also 34 buckets were donated to Mahesh Drishtiheen Kalyaan Sangh for their blind female students.
On January 26, 2010 Republic Day was celebrated by the Club and a sum of Rs. 4000 was generated for Rotaract Club of PIMR, Indore through the sale of flags and bands.
The Institute organized an Installation ceremony (OATH ceremony) for the member of Rotaract Club of up town PIMR on November 6, 2009. Rotract Club members took OATH that they will work devotedly and commitedly for the development and upliftment of the society and that they will abide by the principles of Rotaract club.
The PIMR Rotaract Club, in association with the Rotary Club of Indore – Uptown had organized a ROTARACT FETE. The Fete included stalls on various themes and games being setup by the students, snack and food stalls, DJ arrangement and fun activities for the entertainment of the students.
PIMR Rotaract club under the aegis of Prestige Institute of Management and Research, Indore conducted a workshop on Swine Flu awareness on 17th August 2009. Dr. Deepak Bansal MD Medicine, DTCD (Delhi), Consultant Chest Physician and Bronchoscopist, Bombay Hospital, Indore delivered an informative lecture on Swine Flu awareness.
SOCH E – CELL
The SOCH (Entrepreneurship Cell), firmly believes that emerging economies like India need the drive and innovation of young entrepreneurs. The Cell therefore aims at manifesting the latent Entrepreneurial spirit of the youth. The Cell not only motivates the youth to start-up their own enterprise, but also makes efforts to provide them with the necessary resources to do so.
SPECIALIZATION BASED CLUBS
Our institute believe in overall grooming of a candidate as far as his professional career is concerned so they have started various clubs in the area of specialization like Marketing, HR, Finance, IT and Economics. This clubs focus on building the bridge between the concepts and applications so that students can understand the practical application as well as implication of various classroom theories into real life environment.