IBMR was established in 1976 under the guidance of late Dr. S.N.Sen, the then Vice-Chancellor of Calcutta University. The Institute, later on, has been approved by the All India Council For Technical Education (AICTE), Ministry of Human Resource Development (HRD), Govt. of India and has been affiliated to West Bengal University of Technology (WBUT) since 2001 for conducting Two Year full time (Day) and Three year (evening) Master of Business Administration (MBA) courses. IBMR is also conducting under graduate courses in management related areas under WBUT.

IBMR is now functioning from a spacious new campus in a prime location and is about 3 kms from Gariahat. Our Institute with a well equipped Library, state-of-the-art computer lab, excellent Audio-visual-cum-seminar Room, adequate number of spacious AC class rooms, strengthened by selected team of full time and visiting faculties, is considered as a premier Institute for imparting Industry-oriented Management Education in India.

It is pertinent to note here that, IBMR can boast of a very high percentage of placements for the MBA students, mainly through campus interviews conducted by FMCG and other reputed companies. The academic performance of our students is excellent .Our MBA students have been awarded a number of "MEDALS" by the WBUT as a token of their brilliant academic achievements.

IBMR has a rigorous training program which enables the successful students to become globally competent manager.