Vijayanagar Institute of Management is managed and run by Veerashiva Vidyavardhaka Sangha, which is a society. The institute was set up in 1988 and it has been one of the premier business schools in the country. Vijayanagar Institute of Management is approved by the All India Council for Technical Education (AICTE), Ministry of Human Resource Development, Government of India and recognized by the Government of Karnataka. The college is affiliated to Gulbarga University, Gulbarga, for conducting postgraduate course in the field of management studies, that is, Master of Business Administration (MBA). The course is a two-year full time program. Vijayanagar Institute of Management Bellary provides modern facilities to its students.