Objectives

The Association shall be a public charitable, literary and scientific society having for its objects, inter alia, as under: –

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• To promote and develop professionalization of management.

• To promote amongst members exchange of knowledge, experience and ideas on sound management principles and practices.

• To make available benefits of its activities and facilities to the public at large without any distinction.

• To become member of the ALL–INDIA Management Association (AIMA), New Delhi for furtherance of the common objectives of advancement of management profession.

• To promote education in theory and practice of management through meetings, discussions, lectures, research projects, seminars, conferences, programmes of studies, dissemination of information & ideas, training classes for Diploma examinations of the AIMA with its concurrence, libraries, publication of books with concurrence of AIMA, publication of booklets, extracts, journals & periodicals, organize management development programmes, certificate courses in different areas of management.

• To compile and maintain a register of qualified consultants in the field of management and to provide to the members of the association expert advice and service on specified management problems.

• To maintain for the benefit of the members of the association liaison with organizations interested in management such as trade associations, chambers of commerce and other management associations.

• To receive and accept subscription, fee, gifts, donation, grants, scholarships in cash or in kind.

• To accept, purchase, receive, take on lease or hire or otherwise acquire any moveable or immoveable property, rights or privileges.

• To collaborate and cooperate with local chapters of professional bodies having similar objectives.

• To recognize & reward individuals / organizations who achieve excellence in entrepreneurship, management, innovations & such other areas as decided by the association from time to time & accept sponsorship for these awards.

• To help form LMA Students Forums in different management institutes which are institutional members of LMA.

• To do all such other acts, deeds and things which may be incidental or conducive to the attainment of the objectives of the society.