Media reports suggest that the body of the professor identified as Amrita Pancholi (32) was found in the campus premises, in the early hours of the morning.
Multiple stab wounds and other injury marks were found on her body.
Suspecting murder, the police sent the body for postmortem. Investigations have begun and further details are awaited.
Pancholi, a senior professor of of Organizational Behaviour and HRM at the country's premier institute, was reportedly living alone in the campus for over a year.