At the special request of the then Chief Minister of Assam, late Sri Hiteswar Saikia, the AICTE accorded approval to the Programme.
Despite having infrastructural deficiencies, the AICTE had been according approval to the Programme mainly because of the rich academic content and faculty resource.
Recently from the batch 2018–20, the PGDM Programme has been upgraded to a full-fledged MBA Degree which is affiliated to Assam Science and Technology University (ASTU).
As suggested by the Governing Body of the Institute, the PGDM Programme structure was reviewed by two eminent Professors of IIM Calcutta in 2008.
In the past, persons like T. Scarlett Epstein from the University of Sussex, Dr. Subir Choudhuri from IIM, Kolkata, Professor C Rangarajan, former Governor of RBI among others have delivered the foundation lecture of AIM.