The Indian School of Business Management and Administration was established in 1992 by the Aeren Foundation. It offers over 100 correspondence courses in management from diplomas to doctorates. ISBM aims to provide management education to working professionals in India and around the world. It offers short, fast-track correspondence courses to help students gain management skills and become managers. The school hosts various events and programs in different management fields that attract many students who often find placements at top global companies after graduating.