The Indian Institute of Social Welfare & Business Management (IISWBM), Kolkata was established trough a resolution adopted by the syndicate of the University of Calcutta on April25,1953, with the visionary Chief Minister of West Bengal, Dr. Bidhan Chandra Ray as the first president of the Board of governors and Prof D.K.Sanyal as the first Director. Pandit Jawaharlal Nehru, the first Prime Minister of India had laid the Foundation stone of IISWBM. The Institute introduced the first programme on management education in India. The Golden Jubilee Celebration of IISWBM in 2003, therefore also meant the celebration of fifty years of management Education in India .The institute has the unique distinction of having its postage stamp released by the government of India, Department of post commemorate its Golden Jubilee . IISWBM is recognized one of the premier B-Schools in the country.