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The institute is at the east gate of the Guruvayur temple, established in 1989 is managed by Guruvayur Devaswom. This institute was founded by renowned master of mural painting, Shri Mammiyoor Krishnankutty. This institute follows a traditional Gurukula system with residential facilities for the students. It offers many courses for the art loving students. The courses offered include five-year diploma courses in mural painting, aesthetics, sculpture and art. This institute arranges exhibitions, seminars and training related to the art and culture of Kerala. Many students from Kerala and other states undergo training here.
Located within a kilometer from main temple, it's a must see temple, with its main shrine built as a chariot and Lord Krishna sitting as Parthasarathy, advocating Gita to Arjuna. The main deities are Krishna reciting Holy Gita and Arjuna hearing it.