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Impact Institute of Management Studies has numerous extracurricular clubs and activities based on the student's all-round development. Several clubs and forums have been implemented by the institute to promote leadership, group dynamics, and individual learning. Organized seminars, workshops, and networking sessions enhance the students' soft skills as well as employability. Extracurricular activities augment academic studies through encouragement of public services, career skills, and an all-around improvement. The friendly community and collaborative projects enhance the student life further, thus making extracurricular activity a part of life at Impact Institute of Management Studies.

The Impact Institute of Management Studies (IIMS) operates a placement cell which offers students both placement opportunities and internship positions while improving their abilities and facilitating industrial connections. This organisation schedules both career advisory programs as well as workshops with recruitment opportunities for students. Students rate the placement cell unfavorably because they feel dissatisfied about both placement results and lack the needed support to find employment opportunities. Students view the placement cell's performance as a significant problem because the system has failed to establish satisfactory results.

An MBA/PGDM provides potential career advancement and skill development but students should doubt the choice of studying at IIMS due to multiple negative reviews surrounding poor placement outcomes. The effectiveness of the placement cell and industry-focused curriculum mentioned by IIMS faces widespread criticism from reviewers. An MBA programme provides networking potential to all students regardless of their educational choice. Before making their decision prospective students should evaluate these substantial placement-related issues along with problems involving faculty and infrastructure at IIMS and research better established institutions.

MBA/PGDM is the most popular programme in Impact Institute of Management Studies due to the fact that it has a well-rounded, industry-focused course with specializations in Finance, Human Resources, Healthcare & Hospital Management, and Sales & Marketing. The two-year, full-time programme appeals to students who aspire for managerial positions. Regardless of the mixed feedback on placements and the faculty, the practical orientation of the course and the exposure to various areas of business attract the aspirants. Also, the institute's association with Bangalore City University and the fact that experienced faculty members teach there support its popularity among management students.

Admissions to Impact Institute of Management Studies are determined by merit, entrance exams, and both merit and entrance exams (depending on the programme you are applying for). 

Undergraduate (UG courses) (BBA, B.Com. and BCA) require candidates to have completed 10+2 from any recognised board. Selection is purely based on their academic track record (marks), though some courses may require passing some type of entrance test or interview. 

Examples of Post-Graduate (PG courses) (MBA, PGDM, etc.) require clearing of Bachelor's degree at a recognised institution achieving 50% marks or C.P.A down to 45% marks, or C.P.A. depending on Reserve category in selection. These courses often consider merit based on entrance tests where significant testing exists - like Karnataka PGCET, etc. They also at times recognizes scores from other entrance test like CAT, MAT, or CMAT etc. to give another example. However, apart from successfully passing tests, additional selections may include group discussions and personal interviews. 

The institute emphasizes on industry oriented education that often provides hands on methodologies and experience for candidates to experience theoretical knowledge. Admission is normally through online application then counseling and document verification. 

If you're applying you should check the latest admission home page directly from the college; you want to ensure you are going to meet the requirements before your application. The Institute provides a strong foundation for those who want to seek a career in business, management, and commerce.