The College of IT & Management Education was established as a self-sustaining institution, initially funded with capital for land and buildings with promotion of infrastructure and funds by Odisha State Electronics Development Corporation Ltd. which ran under the Information Technology Department for the government of Odisha.[2] In February 2006, the institute was transferred to the Industries Department in a decision by the state cabinet of Odisha as an affiliated college under Biju Patnaik University of Technology. CIME has been running on a self-financing basis since inception in August 2000. It is one of the six constituent colleges of BPUT.
CIME has been offering two years full-time MCA (Master in Computer Application) since the academic session 2001–02 with due approval of AICTE and Government of Odisha. From the academic session 2005–06, CIME has been offering a two years full-time Master in Business Administration (MBA) with the approval of AICTE and Government of Odisha. CIME takes candidates only through Odisha Joint Entrance Examination (OJEE) Counseling.
Students for postgraduate degree[3] in Master in Business Administration and Master in Computer Applications are admitted through Odisha Joint Entrance Examination.
