ISBM was established in 1992 by a well known NGO Aeren Foundation. It is also ranked among the top ten International B-Schools that provide management courses through correspondence. ISBM has over 100 specializations and management courses to choose from ISBM is an NGO working its way to reaching towards people in the most distant corners of not only India but world in providing Correspondence courses in management field, with specially designed courses for working professionals; from Diploma in management courses to the Doctorate and Laureate level.