The institute was established in the year 1972 to train the personnel working in the cooperative departments and organizations in the state of Maharashtra. The institute is administered by National Council for cooperative Training (NCUI), New Delhi.
The institute offers MBA and other cooperative management programs. MBA is a two year full time course affiliated to RTM Nagpur University.
The institute facilitates library, computer labs, well furnished and ventilated classrooms equipped with all modern teaching aids like LCD’s, OHP and Multimedia projectors.