Indian Institute of Management Bangalore is a reputed business school and an Institute of National Importance located in Bangalore, Karnataka, India. Founded in 1973, it was chronologically the third in the first generation of IIMs to be established, after IIM Calcutta and IIM Ahmedabad, thereby forming the elite Indian B-School trio colloquiall…Indian Institute of Management Bangalore is a reputed business school and an Institute of National Importance located in Bangalore, Karnataka, India. Founded in 1973, it was chronologically the third in the first generation of IIMs to be established, after IIM Calcutta and IIM Ahmedabad, thereby forming the elite Indian B-School trio colloquially known as 'ABC', or 'IIM A/B/C'.