The Indian Institute of Corporate Affairs has been established as a Society in 2008 at Manesar (Haryana) to act as a think tank, as an action research, service delivery and capacity building institute and also a platform for value-adding partnerships between Government, corporate entities and other stake holders. The Institute conducts various courses, seminars, workshops etc. on issues of relevance to the corporate sector, for officials, bankers, investors and other stakeholders. These programmes are organized in the Institute’s campus, other places in the country and through e-mode. The Institute, however, does not conduct any regular on-campus courses and as such there are no seats allotted for the same.

 This was stated by Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Lok Sabha today.

Establishment as a society confirms the Institute's non degree programme role and that no regular on campus seats are allotted. Indian Institute of Corporate Affairs was established as a Society to operate as a think tank and centre for action research, service delivery and capacity building, organising courses, seminars and workshops for officials, bankers, investors and stakeholders; programmes are delivered on campus, elsewhere and via e mode, but the Institute does not run regular on campus courses and therefore has no seats allotted for such programmes.