IMC Krems offers 27-degree programmes, and has 3,100 students, 560 lecturers, as well as 137 partner universities in 36 countries.

IMC Krems was founded in 1994 as International Management Center GmbH (IMC), after the Fachhochschul-Studiengesetz Act in (University of Applied Sciences Studies Act) 1993 opened the way for private-sector institutions to provide university degree programmes.

It started with an English language degree programme in Tourism and Leisure Management that included a compulsory semester abroad in an internship – a first in Austria.

[citation needed] In 1999, IMC Krems started the Export-Oriented Management EU-ASEAN-NAFTA degree programme.

The IMC Krems second part-time degree programme, Health Management, began in September 2003 with 30 students.

The Josef Ressel Centre for Personalised Therapy is an example of a research activity funded by such a grant.