The Institute of Technology Mayyil (ITM) was established by Hira Charitable Trust in the year 2002, to conduct Post Graduate Degree Programme in Management with the approval of All India Council for Technical Education (AICTE).ITM Business School was established in order to fulfil a keenly felt need to provide management education that meets global standards. ITM has the flexibility to design courses which are relevant to the context of business, revise curriculum periodically and add new subjects as per the industry requirements.

This institute has been recognized by Govt. of Kerala, Approved by AICTE and affiliated to Kannur University. ITM has already established its name and fame among the leading B-Schools in south India. A reflection of this could be found in the number of applications being received every year from MBA aspirants.