The institute primarily offers a two-year full-time residential Master of Business Administration (MBA) programme, a three-year post-graduate MBA degree (EMBA) course for working executives and an advanced programme in management leading to the award of a Ph.D. degree.

[3][4] The school was established with an aim to develop managers with a strong technological background who could lead tomorrow's corporate behemoths to the pinnacle of success.

The School of Management was founded by a distinguished alumnus and a life-time fellow of the institute, Vinod Gupta (B.Tech.

1967), the former CEO and chairman of InfoGROUP (previously known as InfoUSA), whose endowment of US$ 2 million was matched by support from the Government of India.

Being part of IIT system, in addition to core management subjects, students of VGSoM undertake courses in other departments, centres and schools at IIT Kharagpur on emerging topics like Artificial Intelligence and Machine Learning, Internet of Things, Cyber Security and Intellectual Property Rights.