With the challenges and significance of business education in the 21st century, UTM needs effective directions. Hence, the governance of UTM-IBS is the collective leadership of the dean and two deputy deans (Academics and Internationalization and Research and Administration). In deriving strategic planning of UTM-IBS, the deans and deputy deans are supported by the Advisory Panel, the International Advisory Panel. Likewise, the operational activities of IBS are governed by the Board of Management and the IBS Executive Committee. The following chart and explanation elucidate the governance of UTM-IBS.
UTM-IBS Board of Advisors. This board meets regularly with the Dean and school leadership and provides frequent, ongoing input and direction regarding key strategic initiatives. This academic/corporate partnership represents an exceptionally strong, involved team of Chief Executive Officers (CEOs), entrepreneurs and senior executives who are committed to the goals of providing both governance and innovative counsel. Membership to the UTM-IBS is by invitation and includes a select term of service.
UTM-IBS International Advisory Panel. The School's International Advisory Panel (IAP) is a pre-eminent body of distinguished leaders and academicians from around the globe. Acting as ambassadors for the School, they advise, support initiatives and activities to enhance the School's global profile.
UTM-IBS Board of Management. UTM IBS's Board of Management advises the Dean and the Governing Body on issues related to the development and implementation of major School policies. These are policies that affect programmes and research activities, doctorate supervision, staff, premises and finance.
UTM-IBS Executive Committee. The Executive Committee is responsible for taking and implementing administrative and academic decisions on the management of the School. The committee refers all fundamental academic or constitutional decisions to the Board of Management.
UTM-IBS Alumni Council (AC). AC represents the views of alumni within the context of relations programmes. AC also makes recommendations on a range of issues to the School's Governing Body.
Although IBS was set up as a separate unit under UTM, the higher learning institution oversees the management of IBS.
The management of IBS is headed by a Dean and advised by a Board of Advisors. In-line with the corporatisation of the university, IBS is geared for self-sufficiency to be operated as a private sector organization structured with three major strategic business units (SBU) namely; Degree Education, Executive Development Programmes and Consultancy.