The Birla Institute of Management Technology (BIMTECH) was established in 1988 under the aegis of the Birla Academy of Art and Culture. Late Basant Kumar Birla, Ex-Chairperson of the Basant Kumar Birla group of companies and Late Sarala Birla, were the founders of BIMTECH. The institute is governed by an eminent board of governors mostly drawn from the top echelons of the industry. The institute is supported by the Basant Kumar Birla group and Aditya Birla group of companies.

BIMTECH is a mini India in its formation every year. It has students coming almost from all the states of India, and also from few foreign countries. BIMTECH is like a school where international business endeavors are also made. Its mix of nationalities, cultural backgrounds, academic and professional experiences make BIMTECH one of the most exciting and enriching business schools in the country.