The Department of Management Studies at IIT Madras was established in the year 2004 as a home to the popular Master in Business Administration course being taught since August 2001. It is the first department across IITs to open its doors to enthusiasts from streams other than Engineering such as B.A, B.Sc & B.Com in 2013. Besides the MBA program, the department has research programs at the Master’s (MS) and Doctoral (PhD) levels, an MS (Entrepreneurship) program and an Executive MBA program for the middle and senior level executives. The department is also a partner in multi-institutional Diploma program (PGPEX - VLM) for Visionary Leaders in Manufacturing, along with IIM Calcutta and IIT Kanpur. Consultancy and Executive Development programs are some of the other activities undertaken by the Department.