XLRI offers a two-year full time programme on Business Management, on the completion which, candidates are conferred with Postgraduate diploma in Business Management (PGDBM). This programme is extremely prestigious and is rated as one of the finest of its kind in the country. The alumni of this programme currently occupy very significant positions in various industries, both in India and abroad

The curriculum lays the foundation for a conceptual and analytical understanding of Indian and international business. XLRI's BM programme is designed to closely integrate current management theory and practice. The course imparts knowledge and fosters attitudes essential for the growth of students into competent, responsible managers. The course has an evolving programme content and is constantly updated to be in tune with the emerging trends.