IISWBM was constituted on 25th April 1953 by a resolution passed by the Senate of the University of Calcutta. The meeting of the Senate was presided over by Mr. Justice Rama Prasad Mookherjee. This was the culmination of the joint initiative taken by the University of Calcutta, the Government of West Bengal, the Government of India and the captains of industry to set up for the first time a management education Institute in India, a concept alien to many in the educational fraternity at that time. In the year 2013 Institute completed its Diamond Jubilee signifying 60 years of an eventful journy in management education in India. IISWBM, the first management institute of India was thus established by Dr. B.C. Roy, the then Chief Minister of West Bengal as its Founder -President and Prof. D.K. Sanyal as the first Director. The Government of India, Department of posts in recognition of 50 years of glorious existence of the first B-School in the country, released a Commemorative Postage Stamp on IISWBM, on 25th April 2004 in New delhi.
The Institute boasts of state of the art infeastructure, strong faculty based, successful alumni, excellent hostels, rich library and placement records.
MBA is important because today’s dynamic business environment requires graduates who can effectively handle decisions. Including working with and leading people.
Our faculty is at the center of our efforts to provide a high quality and challenging educational experience. They are academically prepared in their special field of management and have professional experience in a variety of work settings. One of their many strengths is to integrate their professional experience into classroom learning and include the application of ‘theory’ to real world situations
The growing complexity of business and the workplace has also led to the creation of niches within management where special tiers of skills and training are required. Through teaching we develop responsible, thoughtful leaders and entrepreneurs who create value for their organizations and their communities.
We encourage diversity in teaching methods with no single school of thought or methodology predominating; what matters is rigor and impact on management as an academic discipline, on business practice, and in the classroom.
We partner with the local business community to explore and disseminate management knowledge; we believe in the role of business as a force for improving people’s lives.