Vinod Gupta School of Management (VGSoM) was set up as the first school of management within the IIT system in 1993 at a time when India had just opened its doors to economic liberalization. The school was established with an aim to develop managers with a strong technological background who would lead tomorrow’s corporate behemoths on the path of success. The concept was to start a business school along the lines of Sloan School of Management, Massachusetts Institute of Technology (MIT), USA, that is, a business school within a renowned technical institute. The School of Management was founded by a distinguished alumnus & a life time Fellow of the Institute, Mr. Vinod Gupta (B. Tech. 1967), the former CEO and Chairman of InfoGROUP (previously known as InfoUSA) whose generous endowment of 2 Million US Dollars was matched by liberal support from the Government of India.
The foundation stone of the School building was laid in 1994 by the then president of India, Dr. Shankar Dayal Sharma. The School moved to its own building in 1996. Over the years the school has expanded its scope to include much more than its flagship Masters in Business Administration (MBA) programme. The school offers a Doctoral programme in management (PhD) and an MBA programme for working executives (aptly termed as the Executive MBA programme) in the IIT Kharagpur campus in Kolkata and IIT Bhubaneswar campus in Bhubaneswar. The school also regularly organizes a number of seminars, Mangement Development Programmes (MDPs) and workshops for managers and other management teachers across the world. The School has to its credit many consultancy and sponsored projects which helped in the ultimate aim of social progress of the country. In a step to move beyond traditional borders, VGSoM tied up with the Royal Danish Embassy, Dhaka, in 2000 to provide Management Development Programmes for mid-level managers in Bangladesh. Since then the institute has been regularly organising Management Development Programmes and seminars to cater to various needs of the industry.
Now, two decades after its inception, the school has grown holistically, winning several accolades and setting up new benchmarks for excellence. VGSoM today, plays a pioneering role in nurturing the leaders of tomorrow by blending the management philosophy along with the technological advancement to develop managers who appreciate both the critical technological issues and their managerial implications. World renowned for its technological prowess, IIT Kharagpur helps VGSoM leverage its strength in terms of infrastructure, intellectual resources, illustrious alumni and its "will to be the best" Business Management School in India.