The institute by the name International Institute of Business Management (IIBM) was founded in 1996 for promoting excellence in Management and Business education at Post Graduate and under graduate educational levels.But in 2007 Computer education was also added to the profile of the Institute therefore to reflect the institute in its entirety the name of the Institute was changed to International Institute of Management and Informatics (IIMI).The institute is located in a posh locality (Ashok Vihar) in a spacious building equipped with all modern facilities. A cluster of industries surrounds the locality. An Executive, Academic and Governing Council govern the institute. These councils are composed of distinguished persons from industry, business,professions and academia.