The Madhusudan Institute of Co-operative Management (MICM) is one of the premier Management Institute of the state established in the year 1955-56. The MICM is functioning under the aegis of National Council for Co-operative Training (NCCT), New Delhi, being financed by the Ministry of Agriculture, (Department of Co-operation) Government of India. The basic objective of the Institute is to develop human resources for efficient management by organising various management training programmes. MICM offers various Diploma courses and MDPs for the personnel working in Cooperative institutions and employees of cooperation and allied department of Government of Orissa.
MICM is located in the heart of Bhubaneswar, the Capital City of Orissa, having its own sprawling campus located at Unit-8, Bhubaneswar which includes administrative block, class rooms, staff quarters and 150 seated hostel. The Bhubaneswar Airport (Biju Patnaik International Airport), Railway Station, Main Bus Stand, Hospital, Post Office are located about distance of 4-8km. from the institute. During these years from 1956 it has passed through many phases and has earned its name as a successful business school of management by offering a two year full-time MBA programme since 1997-98.
Apart from this the institute also offers Higher Diploma in Cooperative Management for both Direct and sponsored candidates and Orientation Programme for Auditors of Cooperation Department. Besides this, at least 50 nos. of short duration Management Development Programmes are organized as per the training need of user organization. In the academic year 2009-10, all in total 73 nos. of training programmes have been conducted and 2266 numbers of personnel have been trained. To become Self-sufficient, professional courses like two year duration full time MBA programme approved by the AICTE, affiliated to BPUT and recognized by Department of Higher Education, Govt. of Orissa, one year Diploma in Rural Management (DRM), 6 months Diploma in Computer Application (DCA) being approved by NCCT, New Delhi have been introduced.