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IIM A was established by the efforts of Dr. Vikram Sarabhai and Shri Kasturbhai Lalbhai and their efforts were proactively supported by CM of Gujrat Dr. Jivraj Mehta. To keep these IIMs away from the bureaucracy, the governance of IIMs is having a different constitution which is not similar to those of traditional universities of India. IIM A is managed and run by a society created under the Societies Act of India and the society of having the Board of Governors chosen by IIM-A Society. IIM-A is thus known to be a Board Managed Institution which is completely free from control of Government and admissions are a completely fair practice intended to intake best quality of students.

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