Master in Business Administration
Master in Management
Master in Development Management
Executive MBA

About AIM >> History


For more than three decades, the halls of AIM have witnessed the growth and passage of some of Asia’s best minds – leaders and managers of the present and the future.

On December 9, 1969, at the dedication ceremonies of the buildings of AIM, Stephen H. Fuller, AIM president (1968-71), declared: “This occasion which marks the dedication of the Asian Institute of Management buildings can very well be a milestone in the economic development of Asia, for it is our hope that through these halls will pass young men and women of superior intellectual and moral capacity who, fortified by their training here, will exercise strongly beneficial influences in Asian institutions of the future. It is the professional commitment of the Institute that our students shall be equipped with knowledge of the best available managerial tools and that they shall be inspired to creative ways of using these tools. It is the social commitment of the Institute.”

Washington SyCip, founder of the SGV Group; Ramon del Rosario, Sr., founder of the PHINMA Group; and Stephen Fuller of the Harvard Business School (HBS), signify their interest in establishing a full-time MBA program.
Ateneo de Manila University, De La Salle College, and the Philippine Inter-University Consortium receive a five-year, US$1.2 M grant from the Ford Foundation for the development of a full-time MBA program.

An SGV Foundation feasibility study is presented to and approved by Ateneo and De La Salle. AIM’s charter members convene for the first time.

Don Eugenio Lopez, Sr. pledges PhP 5 million in the name of the Eugenio Lopez Foundation for the construction of the building that will house AIM. The total donation amounts to PhP6.5 million. Jaime Zobel de Ayala formalizes Ayala Corp.’s pledge of a one-hectare site in Makati for the new school.

The Institute’s Board of Trustees is constituted. Washington SyCip is elected chairman. Stephen H. Fuller, then the associate dean for external affairs at HBS, accepts the post as the first AIM president.

The AIM Scientific Research Foundation is incorporated as a private, non-stock, non-profit organization to assure benefactors of tax credits for their donations.


Groundbreaking of the AIM campus in Makati. Coinciding with the start of its formal operations, AIM receives 20 endowed professorial chairs from the Philippine business community. The Ford Foundation provides US$224,000 to fund operations.

Classes begin at the Padre Faura campus in Manila (the premises of Ateneo’s business school). AIM admits 94 first year students into the Master in Business Management program.


The United States Agency for International Development (USAID) and the Ford Foundation provide additional funding of US$300,000 and US$130,000, respectively, for faculty development, library facilities, and equipment.

Classes begin at the new campus in Makati. Enrollment in the MBM program surges to 235 students from Korea, Japan, Malaysia, Ceylon, Thailand, Pakistan, Indonesia, Vietnam, Taiwan, Philippines, and the US.

AIM’s international Board of Governors, representing Hong Kong, Indonesia, Japan, Malaysia, Philippines, Singapore, Republic of China, and Thailand, holds its first meeting. The BOG later expands to include representatives from Australia, Brunei, Canada, India, South Korea, UK, USA, and Vietnam.

The one-year Master in Management program is launched. About 55% of the students are from overseas.

The faculty responds to the worldwide recession by offering short-term executive development programs. A short-term program for first-level managers is proposed and later becomes the Basic Management Program.

Philippine President Ferdinand Marcos signs Presidential Decree 639, formalizing the Institute’s international character and granting AIM prerogatives conducive to its growth as an international graduate school of management.

AIM launches the Rural Development Management program with funding from the Ford Foundation and the Konrad Adenauer Foundation. The program would generate over 25 workshops and educational programs, five books, hundreds of cases, and a wealth of industry notes addressing development issues.

USAID funds a new research initiative, the Small and Medium Business Improvement program.


AIM designs new programs and offers more of its regular programs overseas in Bangkok, Penang, Jakarta, Kuala Lumpur, Kota Kinabalu, and Kuching.

The Rural Development Management program offers its first public Program for Development Managers.

The Rural Development Management program becomes the Development Management program.

The Asian Development Bank-Japan Scholarship program, funded by the government of Japan, is created to sponsor degree program students for citizens of ADB’s developing member countries.

The Canadian International Development Agency (CIDA) grants CAD$2.3 M for research on the role of women in business, development, and entrepreneurship. CIDA also funds a study for the establishment of a master’s degree program on development management.


With financial support from CIDA, the Master in Development Management is offered.

Jose L. Cuisia, Jr. is elected co-chairman of the Institute.

AIM introduces the Asian Management Awards to honor outstanding Asian organizations for management excellence.

AIM celebrates its 25th Anniversary by launching a fundraising campaign for scholarships, professorial chairs, and a new AIM building at its campus in Makati.

The Program and Project Development and Management course holds its initial offering.


The International Student Exchange Program commences, enabling AIM students to visit schools in the US, Europe, Canada, Japan, and Australia.

The AIM Conference Center at Club John Hay in Baguio City is inaugurated.

AIM and the Far East Bank and Trust Co. jointly launch the Gov. Jose B. Fernandez, Jr. Center for Banking and Finance in honor of the late Central Bank Governor.


AIM is conferred the Ramon Magsaysay Award (the Asian equivalent of the Nobel Prize) for International Understanding. AIM is cited for setting regionwide standards for excellence and relevance in training Asian managers for Asia’s development.

The Development Management program is renamed Center for Development Management in recognition of AIM’s expanded involvement in development work in the region.


The W. SyCip Policy Center is founded, and an endowment is created to support the activities of the center through the generosity of colleagues and friends of Washington SyCip.

AIM is voted into the Program for International Managers, an international association of the finest management schools in North America, Latin America, and Europe. AIM is the first member-school from Asia.


The AIM Conference Center is inaugurated by Philippine President Fidel V. Ramos. The building is constructed with the generous assistance of the Philippine business community; ASEAN, American, and European business groups; the AIM Boards of Governors and Trustees; and alumni.

AIM launches the Executive MBA program in Malaysia in cooperation with the Selangor Human Resource Development Centre. The EMBA is the first AIM degree program to be offered outside the Philippines.

The Asia-Europe Meeting, a grouping of heads of states and governments from Asian and European nations, accepts the establishment of the Asia-Europe Management Program at AIM upon the initiative of the Philippine government.

AIM is singled out by the United Nations Economic and Social Commission for Asia and the Pacific as a Center of Excellence in Human Resource Development and Training.

The Fidel V. Ramos Research Chair in Policy Studies is created through the support of the business community.

AIM launches the Master in Entrepreneurship, a degree program designed exclusively for practicing entrepreneurs running SMEs.

AIM establishes the Ramon V. del Rosario, Sr. Center for Corporate Responsibility with the support of the Ford Foundation and PHINMA. The C.V. Starr Foundation funds an endowed Chair in Corporate Governance.


AIM is the first graduate school of management in the world to receive ISO 14001 Certification for its Environmental Management System.


AIM institutionalizes the multi-school system creating four schools: Asian Center for Entrepreneurship, Center for Development Management, Graduate School of Business, and Executive Education and Lifelong Learning Center.

AIM transforms into a broad-spectrum institution by launching programs for IT, healthcare, education, environment, and the arts.

AIM is honored with the 1st Beyond Grey Pinstripes Award for Business School Innovation in Social Impact Management. AIM was chosen among the world’s best business schools for incorporating environmental and social impact management topics in activities, curricula, and research.

The World Bank names AIM as its strategic partner in the World Bank Global Development Learning Network.


Nieves Confesor becomes the first woman Dean of the Institute.

AIM names its graduate school of business in honor of its founder and co-chairman, Washington SyCip.

Former Philippine President Corazon Aquino becomes the first woman member of the Board of Governors.

The W. SyCip GSB launches the Maurice Greenberg Chair.

The AIM-World Bank Development Resource Center is inaugurated.

The Center for Corporate Responsibility launches two regional conferences: Managing Corporate Governance in Asia and Asian Forum on Corporate Social Responsibility.


AIM is awarded the European Quality Label, making it the first in ASEAN to receive this accreditation and become a member of the European Foundation for Management Development.

The international Beyond Grey Pinstripes Survey recognizes AIM anew by granting the award Excellence in Integration in Core Curriculum.

AIM launches the Asian Corporate Social Responsibility Awards to honor the best practices and principles of corporations in CSR.

The Asian Development Bank (ADB) designates AIM as a Center of Excellence and a partner in knowledge creation and management.

AIM establishes the Hills Governance Center.


AIM is accredited by the Association to Advance Collegiate Schools of Business (AACSB), making it the first school in Southeast Asia to attain accreditation from the two major international accrediting institutions, AACSB and EFMD.

ADB and AIM formally introduce the ADB-AIM Networking Project by presenting the Inaugural Networking Conference.

The AIM-Mirant Center for Bridging Societal Divides is inaugurated.

Nieves Confesor resigns as dean. The Board of Trustees appoints Roberto de Ocampo as interim dean.


The Board of Trustees appoints Victoria S. Licuanan as dean.

In line with AIM's multi-stakeholder thrust, three seats on the Board of Trustees are allocated to alumni.


Roberto de Ocampo steps down as AIM president.

Francis G. Estrada assumes presidency. He is the first AIM alumnus to become Institute president.


AIM launches redesigned 16-month MBA.