TAPMI is a deemed university under Section 3 of the University Grants Commission (UGC) Act, 1956. The Indian Ministry of Human Resource Development declared TAPMI a deemed university in 2002.
TAPMI's academic programmes, degrees, and research are independent as a considered university. Students will receive MBAs after TAPMI merges with MAHE. 2022-23 TAPMI students will receive MBAs. Their students can now receive MBA degrees.
TAPMI Trust, Governing Council, and Board of Management Studies control the autonomous institute.
TAPMI collaborates with major foreign institutions and industry partners and ranks among India's best business schools.