The Institute of Management was conceived as a separate degree granting unit of the West Visayas State University and approved and authorized under Board Resolution No. 27, series of  2007 dated March 8, 2007. Under its umbrella are the Bachelor in Hotel and Restaurant Management program, a transfer from the College of Education and the Bachelor of Cooperatives Management program from the College of Arts and Sciences.

In June 1, 2007, Dr. Luis A. Abioda, was designated as the OIC-Director of the Institute of Management with Prof. Lourdes F. Espesor and Prof. Elda S. Hallarda as head of the Division of Cooperatives Management and Division of Hotel and Restaurant Management respectively. Last December 5, 2007, Dr. Abioda officially became the Director of the Institute.