Though IMI, Bhubaneswar is a relatively new institute, yet it has created a mark for itself in various fields including consulting activities. Faculty members of IMI Bhubaneswar are engaged with various multilateral agencies, government agencies and industries as consultants. Our faculty members have been consultants to organizations such as Indian Oil, SAP Inc., FNST (Germany), UNICEF Odisha, Adam Smith Institute (UK), Baird & Associates (Canada), Chennai Radha Engineering Works (CREW) Pvt. Ltd., Tata Steel, Tata Power (New Delhi), NTPC, ONGC, Bharat Electronics Limited (Kotdwar), Baskin Robbins, MTN-Rwanda Cell (Africa), Chemols Infotech Private Limited, and Foundation to Aid Industrial Recovery. They have also worked as consultants to various government agencies and departments including the Ministry of Commerce, Ministry of Industries, Department of IT of the Ministry of Commerce and IT, Ministry of Textiles, and Central Board of Secondary Education (CBSE) of the Government of India, and for the Sri Lankan Government.

Dr. Sanjiv Goenka, is the Chairman of the 7 billion dollar RP Sanjiv Goenka Group. The Group has more than 45,000 employees worldwide and over five hundred thousand shareholders. The Group's businesses span several sectors like Power and Natural Resources, Carbon Black, Information Technology, Retail, FMCG, Education, Media, Entertainment and Sports. RPSG Group's pure play Business Process Outsourcing firm Firstsource Solutions employs more than 10,000 people in the United States of America and United Kingdom making it one of the largest employers from India. In the Power segment, 120 year old company CESC serves more than 3.4 million consumers in Kolkata. Phillips Carbon Black is the largest carbon black manufacturer in India and seventh largest in the world.