Loyola Institute of Business Administration (LIBA) when established in 1979 had a three-year, part-time PGDBM program catering to the needs of business executives in and around Chennai. This program was approved by the All India Council for Technical Education (AICTE). Since 1995 LIBA has offered a two-year, full-time PGDM program, approved by the AICTE and recognized as equivalent to an MBA degree by the Association of Indian Universities (AIU). LIBA also offers a full-time MBA (PGDM) program (2 years), part-time MBA (PGBM) program (3 years), various executive diploma courses, and certificate programs in various management subjects. It is a resource center for doctoral programs offered in affiliation with the University of Madras.