SIBM Pune Admission is granted on the basis of candidates’ performance in SNAP.

Established under the patronage of S. B. Mujumdar, president and founding director, the Symbiosis Society is registered under the Societies Registration Act, 1860 and the Bombay Public Trust, Act, 1950.

The first institutions belonging to the Symbiosis Society were established in 1971 and were affiliated with the University of Pune.

Since mid 2014 Dr Ramakrishnan Raman is the Director of SIBM Pune.

Originally located as part of the combined campus of Symbiosis institutes in Pune city, the institute shifted to a new residential campus at Lavale in Mulshi Taluka at the outskirts of Pune city in 2008.