The academy was established in the year 1993 and is affiliated to Biju Patnaik University of Technology and is approved by All India Council for Technical Education (AICTE). Academy of Management Studies has professionally trained and highly qualified faculty. The college provides guaranteed placements facilities to the students. Academy of Management Studies provides courses in the field of management such as PGDM Programmes, MCA, BCA, BBA. It is a premier centre of Management & Information Technology education. The candidate seeking admission is required to pay admission fees Rs.1,70,000 per year. The academy provides placement in well known companies like ACC Cement, Birla Sun Life Insurance, HCL Infosystems, HDFC Bank, ICICI Bank, Cipla.