The institute conducts its own national-level entrance examination called KIITEE Management held in January each year.

The school was founded in 1993 as Institute of Business Administration and Training by Pradyumna Kishore Bal, an eminent thinker and pioneer of value-based journalism.

[3] The institute started a two-year post-graduate diploma in Management with an annual intake of 60 students in a rented building in Nayapalli, Bhubaneswar, which were revised to 120 seats in the year 2002.

[citation needed] As of August 2019[update], Prof. Anil Bajpai is the director[4] and Prof. Satya Narayan Misra the current dean.

KSOM publishes a bi-annual peer-reviewed journal named Parikalpana[15] which includes articles submitted by faculty members, research scholars and professionals.

KSOM has established academic partnership with several organisations to jointly deliver content, foster innovation, enhance student learning and develop new capabilities.

Beyond the classroom study hours, students learn the nuances of management through clubs, both academic and non-academic, and special interest groups.

The club work involves group-task, leadership skills, creativity, time and conflict management and general sociality.

The clubs invite speakers to campus, organize trips, social events, and help form bonds between students of similar interests.

The clubs bring together group-work, leadership skills, creativity, hard work, management principles and general camaraderie in an entertaining way.

It has included appearances from Sona Mohapatra, Ram Sampath, Kunal Ganjawala, Hard Kaur, Krishna Beura, KK and others.

Key speakers of the past HR Conclaves include Mr. Rajeev Dubey,[21] Mr. S.Y Siddiqui,[22] Mr. Ambarish Dasgupta,[23] Dr. Sumit Chowdhury, etc.

The prominent speakers of Past conventions include Ms. Shobha Mishra Ghosh, Senior Director, Education, FICCI and Shri Debabrat Mishra, Director, Hay Group;[26] Prof. C. V. Baxi, Professor in Public Policy and Governance, MDI Gurgaon & Mr. Nikhil Pant, Chief Programme Officer, NFCSR, IICA;[27] Mr. Praveen Gupta, Chief General Manager, SBI and Prof. B.B.