Indian Institute of Cost Management& Research

The Indian Institute of Cost and Management Studies and Research (IndSearch), established in 1973, stands as one of the oldest and most prestigious management institutes in Pune. As an autonomous institution affiliated with Savitribai Phule Pune University and accredited with a B++ grade by NAAC, it has built a formidable reputation for bridging the gap between traditional academic theory and the evolving demands of the corporate world. The institute operates from two strategically located campuses: the flagship postgraduate campus in Bavdhan, known for its scenic biodiversity and state-of-the-art infrastructure, and the Law College Road campus, which serves as a central hub for undergraduate and diploma studies. Over the past five decades, IndSearch has distinguished itself through its focus on specialized management education, particularly in Finance, Marketing, Human Resources, and Business Analytics. Its curriculum is designed to be highly adaptive, incorporating modern technological trends like digital library resources, 24/7 Wi-Fi connectivity, and advanced computing labs to ensure students are well-versed in the digital economy.

The academic ecosystem at IndSearch is characterized by its commitment to student-centric growth, offering a wide array of programmes ranging from Bachelor of Management Studies (BMS) to MBA and Ph.D. degrees. Beyond the classroom, the institute emphasizes holistic development through its Career Development Cell (CDC), which facilitates strong placement records with median packages reaching approximately Rs.7.80 LPA for the 2026 cycle. Students benefit from robust industry connections, securing internships and roles in top-tier organizations such as HDFC Bank, KPMG, and Tata Motors. The institute also fosters a socially inclusive environment by providing extensive financial aid, including merit-based scholarships and government fee reimbursements like the EBC scheme, ensuring that quality management education remains accessible to diverse socio-economic groups. Life at IndSearch is balanced by vibrant extracurricular activities, including the annual cultural festival "Athang" and a variety of sports facilities, creating a well-rounded environment that prepares future leaders to navigate the complexities of the global business landscape with ethics and professional competence.

Indian Institute of Cost Management and  Research: Ranking and Recognitions

The Indian Institute of Cost and Management Studies & Research (IndSearch), Pune, is one of the oldest management institutes in the city, established in 1973. It is primarily recognized for its strong foundation in finance and cost management education.

Recognitions & Accreditations

The institute holds high-level credentials that validate its academic standards and degrees:

• NAAC Accreditation: The institute currently holds a B++ Grade from the National Assessment and Accreditation Council, valid through April 2027.

•  University Affiliation: It is permanently affiliated with Savitribai Phule Pune University (SPPU), and has been recognized as a research center for doctoral studies (Ph.D.) since 1992. 

Indian Institute of Cost Management and  Research: Faculty

The faculty at the Indian Institute of Cost and Management Studies & Research (IndSearch), Pune, is known for its deep roots in both academia and the manufacturing industry. The teaching staff is characterized by a high percentage of doctorate holders and professionals with decades of experience in cost accounting and management.

Leadership & Vision

The institute is guided by seasoned academicians who have been instrumental in shaping management education in Maharashtra:

• Dr. Ashok Joshi (Honorary Director General)
• Dr. Aparna Tembulkar (Director)

 Indian Institute of Cost Management and  Research: Application /Admission Process

Indian Institute of Cost Management and  Research: Programmes /Courses Offered / Fee Structure

The Indian Institute of Cost and Management Studies and Research (IndSearch) in Pune is a premier autonomous institute established in 1973. It is affiliated with Savitribai Phule Pune University (SPPU) and accredited with a B++ grade by NAAC.  Below is the detailed information regarding the programmes, courses, and estimated fee structure for the 2026 academic cycle.

Indian Institute of Cost Management and  Research: Scholarships 

The Indian Institute of Cost and Management Studies and Research (IndSearch) offers several scholarship opportunities classified into institutional merit awards, government-aided schemes, and diversity-based grants. Below are the primary scholarship categories available for the 2026 academic session:

1. Institutional & Merit Scholarships

These are funded by the institute or its alumni to reward academic excellence and leadership0.

2. Government-Aided Scholarships

As an affiliate of Savitribai Phule Pune University, IndSearch facilitates various state and central government schemes.

Indian Institute of Cost Management and  Research: Placements 

The Indian Institute of Cost and Management Studies and Research (IndSearch) in Pune maintains a consistent track record for placements, particularly for its MBA and postgraduate diploma students. The institute’s Career Development Cell (CDC) works alongside an advisory committee of industry veterans to facilitate both summer internships and final job placements

Placement Statistics 2025 (MBA / PG 2-Year)

•  Placement Percentage- 68%

• Median Salary- Rs.7.80 LPA
• Highest Salary Package- Rs.10.50 LPA

Top Recruiters

• HDFC Bank,
• ICICI Bank,
• Kotak Mahindra,
• Axis Bank,
• Electronica Finance Ltd.
• KPMG

Indian Institute of Cost Management and  Research: Facilities 

The Indian Institute of Cost and Management Studies and Research (IndSearch) operates across two specialized campuses in Pune, each equipped with modern infrastructure to support management and commerce education.

• Library & Digital Resources
• Computer Labs
• Classrooms
• Auditorium & Seminar Halls
• Hostel
• Gymnasium
• Sports Complex
• Cafeteria

Indian Institute of Cost Management and  Research: FAQs and Answers  

Q: Is the admission process entirely online?

A: Yes. For most courses, including MBA, BMS, and BBA, you must register through the official IndSearch website. However, for MBA and MMS, you also need to register for the Centralized Admission Process (CAP) via the Maharashtra State CET Cell.

Q: What is the minimum percentage required for MBA admission?

A: A Bachelor’s degree with a minimum of 50% aggregate marks (45% for reserved category candidates belonging to Maharashtra State only) is required.

Q: Does IndSearch offer internship assistance?

A: Yes, the Career Development Cell (CDC) facilitates mandatory 8-week summer internships. Many students receive Pre-Placement Offers (PPOs) based on their internship performance.

Q: Does the institute offer a fee waiver for economically weaker sections?

A: Yes, the EBC (Rajarshi Chhatrapati Shahu Maharaj) scheme provides a 50% tuition fee reimbursement for Open category students with a family income below ?8 lakh.

Q: Are there scholarships for single girl children or sports achievers?

A: Yes, IndSearch provides a 10–25% tuition fee concession for a "Single Girl Child" and partial waivers for students with recognized sports achievements at the state or national level.