IISWBM
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| Type | Public business school |
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| Established | 1953 |
| Director | Dr. Amitava Sarkar |
| Location | Kolkata, West Bengal, India |
| Campus | Urban |
| Affiliations | University of Calcutta |
| Website | IISWBM |
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The Indian Institute of Social Welfare & Business Management (IISWBM) is a graduate business school in Kolkata, India. It is the first institute in India to offer an MBA degree (as XLRI, the oldest management institute in India, did not offer MBA degrees ever since its inception). It was established in 1953.
IISWBM was set up in collaboration with the Government of West Bengal, the University of Calcutta and the business community of West Bengal to promote management education. The MBA, MHRM and MPSM courses are affiliated to the University of Calcutta; the MBA program has been affiliated to the university for more than 60 years. This prestigious institute once served as a mentoring institute for the much-reputed IIM C (Indian Institute of Management, Calcutta).
On 5 July 1954, Dr. Bidhan Chandra Roy, chief minister of West Bengal and founder–president of the institute inaugurated the first business management course in India. Dr. Jehangir Gandhy, chairman, All India Board of Technical Studies in Management, Union Ministry of Education, who could not be present at the inaugural ceremony sent a message saying "I am glad that the All India Institute of Social Welfare and Business Management is inaugurating today Business Management Course for the first time in India for the benefit of Junior Business Executives".
The institute celebrated its Golden Jubilee in 2003 and the Government of India released a commemorative stamp of IISWBM for the event. To date, no other management institute in India has been accorded this honour.
IISWBM is in the exciting and prestigious academic ambiance of College Square where the University of Calcutta, Presidency College, Calcutta Medical College and the All India Institute of Hygiene and Public Health are also located. The School of Tropical Medicine is a distance from the institute site. The institute building has two blocks. The foundation stone of one was laid by Pandit Jawaharlal Nehru, the first prime minister of India and the other by Dr. B. C. Roy, the famous chief minister of West Bengal. Created in response to a strongly felt need of independent India, IISWBM had as its midwives the Ministry of Scientific and Cultural Affairs, Government of India, All India Board of Technical Studies in Management, Ministry of Education, Government of West Bengal, Bengal National Chamber of Commerce and Industry and personalities like Sir Biren Mukherjee, Srimati Renuka Ray, Professor D. K. Sanyal, Lala Lakhsmipat Singhania and many others.
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