Central Institute of Business Management Research & Development (CIBMRD) was established in 1994 as an offshoot of Vidya Shakshak Prasorak Mahal (VSPM) the roots of which are 35 yrs. Old Honorable Shri. Ranjit Deshmukh, Ex- minister for Agriculture and Textiles, today heads VSPM which has been able to establish around 50 Academic Institutions imparity Various Regular and professional Courses.

CIBMRD constantly adapts itself to changing needs of the time to grow and order its base & verifications. The Institute we builds in its students a competitive edge so that they may stay ahead & also inculcate in them a sense of responsibility towards their chosen organization and society at large. CIBMRD believes in overall growth of students encompassing the spheres of spiritual development, social development, academics as well as practical development. CIBMRD is equipped with a blend of wisdom & experience and its sincerity is reflected in its rating in AIMA survey as one of the up & coming B-schools in the region.