Life at IILM is not restricted to just classrooms but also constitutes a myriad of activities like extracurricular pursuits, leadership roles, spirited athletics and artistic endeavours. The Student Clubs act as the network-lifeline for the entire IILM commune. You can be a part of a number of these clubs. The wide variety of Student Clubs reflects the diversity of our institute. The Clubs give you the chance to gain invaluable leadership and life skills. In addition to connecting you with others who have similar interests, you have a platform to interact with Alumni and Professionals in your field of interest, helping you to build formal and informal networks. These activities under the aegis of various student societies are essentially student driven.
The students put together their effort towards an annual intra-college festival called the "ZEST". These competitions prepare the students for the inter-college management festival known as the "iFest", wherein participation is witnessed from premier Undergraduate and Post Graduate colleges from all over India.
The various societies include:-
| IT Club | Theatre Club | Entrepreneurship Club |
| Strategy Club | Consultancy Club | Book Club |
| Library Club | Sports Club | Good Health Club |
| Cultural Club | Adventure Club | Finance Club |
| Marketing Club | HR Club | Current Affairs Club |