Inaugurated in 2010, the Indian Institute of Management (IIM) Raipur is a business school and an Institute of National Importance. In the NIRF ranking, the IIM Raipur is ranked 15th in the management category. The IIM Raipur offers various programs in MBA, Executive MBA, and PhD in various specialisations. 

The duration of the PhD in Management offered by the Indian Institute of Management Raipur is four years. The program fee is fully waived off by the Indian Institute of Management Raipur. The institute offers a scholarship of INR 50,000 per month for the duration of the first and second years. After qualifying for the comprehensive examination, they will receive a fellowship of INR 55,000 per month for the third and fourth years. 

Individuals can earn their doctoral degree in three years through an online DBA program. The Doctor in Business Administration (DBA) is characterised by offering flexible class timings; no entrance examination is required to earn the ‘Dr’ title. The online DBA program is equivalent to the regular PhD program.