The Library of the institute, with its modern collection of knowledge resources and innovative information services fills an essential role for students, faculty in their intellectual pursuits. It is very vivid and contains wide range of books and publications around 48166 books, 2728 CD's, more than 2000 online journals, 85 print journals 41 video cassettes, 18 encyclopedias etc., that caters to the needs of students, faculty members and research scholars. The Library also has a fairly good collection of Indian Philosophy, Value Management, Harvard Business publishing books, ICFAI Publishing books, IGNOU teaching materials, Project Reports, Case Studies, Biographies and Autobiographies.

Library holds a range of information services- Circulation, Reference, and internet services to support the professional growth, encourage the process of teaching learning and to achieve the objective of quality in higher education.

The institute is also Research Center of DAVV, Indore and more than 75 research scholars are registered in various disciplines. This institute also published research journal "Management Effigy" for stimulating the retention of Academicians, Industrialists and Corporates towards research and development in Management.