The National Institute of Business Management (NIBM) was established in 1968 under the purview of the Ministry of Industries and Scientific Affairs in collaboration with the UNDP, with the ILO functioning as the executing agency. On first June 1976, the Institute was incorporated as the National Institute of Business Management. Since its establishment, the NIBM has aimed at achieving excellence in the programmes it offers to It's clients who are drawn from both the public and private sectors of Sri Lanka, as well as those from overseas countries who availed themselves of its services.