Institute of Business Management is an autonomous non-profit making institute which was established by some of philosophers, prominent academicians, industrialists, management thinkers, in the year 1979. The institute has state of art infrastructure with all required academic and other essential facilities. IIBM Institute is recognized by the All India Council for Technical Education (AICTE), Ministry of HRD & Govt. of India. The institute offers with 2 year PGDM program which is equivalent to the MBA Degree to the students. The faculty of the institute is experienced and qualified in their respective field who imparts quality of education to the students.

Facts and Figures of Institute of Business Management

Established in


Admission Through

Admission in the institute is on the basis of the MAT score (which is mandatory) and PI by institute.


The institute has excellent library. The library has about 2.5 lakh books & reference books. It has also subscribed for about 150 periodicals, 135 electronic books. About 6000 case studies, access to more than 3600 e- books via EBSCO in addition to over 600 videos from Harvard Seminar & Vator TV for the students

Computer Lab

The institute has well equipped computer lab. The computer lab has HCL 1600 & level 2 computer system; also it is facilitated with internet with latest software’s.

Student clubs at Institute

There are several clubs for the students at the institute like Women Business club, emerging market club, photography club and many others.


The institute provides separate hostel facility for both boys and girls.

Why to Join Institute of Business Management?

1. Interaction With Company Experts & Academicians:

The institute give the opportunity to the students by inviting several honorable visitors& speakers from the industry as well as institutes. They all give a glimpse to the students about corporate world and other related topics. Some of people who visited the institute are Shri S. K. Sinha, GM, RBI, Prof. M.A. Ocquaye, High Commissioner of Ghana, Mr. M.K. Majumdar, MD Mica Trading Corp. and many others.

2. Industrial Visits –

The institute also organizes for several industrial visits for the students apart from the academics for the wider exposure of the corporate to the students. The students have visited to COCA COLA plant, Patna, IOCL, SUDHA Dairy etc.

Highlights of the Institute

1. 1st Institute to start Hotel Management, Computer Science & IT, Media Management Academic programmes at Bachelors level in the state of Bihar & Jharkhand.

2. Consistently Ranked A-Grade Management Institute of India. All India Management Association, New Delhi.

3. As per all India survey by Business and Management Chronicle, IIBM was placed in category A+ Business School in India.

4. Brands Academy declared IIBM as the best Management Institute is eastern India.

5. Assocham , National Association of Business & Industry, Ranked IIBM as Best Management Institute and union HRD Minister, Govt. of India Awarded the Institute at New Delhi.

6. Premier group of institutions to implement 'The Project is a part of the National Mission on Education through ICT, MHRD, Govt. of India, to spread IT Literacy all over India' with the support of IIT Bombay on his Learning and usage of Free & Open Source Software (FOSS), through an Audio-Video teaching tool, viz, 'Spoken Tutorial'.

7. Amazon Web Services (AWS) Academy courses announced in September, 2020 to help Management and Computer Sciences students acquire the skills and credentials needed to successfully join the cloud IT workforce.