This initiative would provide an opportunity to enhance managerial and leadership skills for the locals who are forced to move to metropolitan cities to pursue higher education, a release said.
Those who want to enrol will have to apply by August 25.
Opening of the two centres will facilitate executives from Jammu and Kashmir to acquire formal management education from a premier institution.
Executives serving in the Indian Army would also be benefited as they would now have access to formal learning of management functions which they can apply in their professional life, it said.
Executive Post Graduate Programme of IIMK is the flagship programme for working professionals, which is offered through in-campus classes and Interactive Learning Platform classes conducted during evenings and weekends.
The institute offers this programme with technology partner Hughes Education.
Chairman of Executive Post Graduate Programmes, Professor Atanu Adhikari said, "This initiative is centered on its socially participative academic philosophy and that's how great institutions are made."
Last month, IIMK also announced the admission of 54.29 per cent women students in its PGP batch 17 (2013-15) narrowing the gender divide for the first time in the history of IIMs.
IIM-K began its journey of contributing to the growing trend of women leaders from 2010 with an intake of 100 women students.
There has been a steady rise of this number from 31.5 per cent in 2010 to 35.48 per cent in 2011.