Central Institute of Business Management Research and Development (CIBMRD) is one of the educational institutions of Vidya Shakshak Prasorak Mahal (VSPM, a Society). The institute, which is located in Pawanbhumi city of Nagpur (Maharashtra), came into being in 1994. The management institute is affiliated to Nagpur University and is approved by All India Council for Technical Education (AICTE), New Delhi, Government of India. CIBMRD Nagpur works with an objective of becoming a `Center of Excellence` in the field of management. To fulfill that aim, it imparts a postgraduate programme, that is, Master of Business Administration (MBA). The course is a two-year programme.