The Institute was established in Lahore in the year 1986 as the Canadian School of Management - Lahore Learning Centre. Later the name was changed to The Pak-American Institute of Management Sciences (Pak-AIMS) to reflect the Institute's Articulation Agreement with College of Statern Island of City University of New York(CSI/CUNY), USA.

In view of its excellent performance in education over the years, Pak-AIMS was issued NOC by the University Grants Commission of Pakistan for the award of charter in 1995. Consequently, the Institute was chartered by the Government of Punjab under Punjab Ordinance XXIII of 2002 and was renamed as The Institute of Management Sciences (IMS).

Mission Statement

IMS is a business school with over fourteen hundred students at its two campuses located in Gulberg, Lahore. Rigorous academic programmes, quality of education and congenial environment make IMS an ideal choice for professional education in the country.

With the increasing trend of globalization and an ever expanding world market there will always remain a dire need for the business professionals and IT specialists. The Institute produces quality human resource and bridges this gap with a mission to provide high quality education and exposure about challenges prevailing in the market. It firmly adheres to this consciousness making a constant struggle towards excellence. The faculty, management and students work harmoniously towards the shared goal - an institution where aims become achievements. At IMS the concept of professionalism implies accepting the responsibility for one's job with a sense of dedication, zeal and commitment, and performing the work ethically to the highest possible standards.

Academic Vision

Since its inception, The Institute of Management Sciences has been conscious of quality education, academic discipline and integrity with the consequence that this institution has now a national repute. IMS is striving to promote the love for knowledge and its practical relevance, and there is no end to that.

The world is currently entering an unpredictable wave of challenges. Educational institutions in Pakistan must energize and develop in their students the necessary capabilities to meet new challenges. IMS also feels concerned to share this realization. It is in this context that the institution is continuously enhancing its competence with regard to higher education in Management, Computer Sciences and other disciplines in response to market needs. The institution aims to promote its focus on research as well.n