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).
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.