The institute was set up in 1996 by the Government of India in collaboration with the State Government of Kerala.

Spread over about 112.5 acres of land, the Indian Institute of Management Kozhikode is situated on two hillocks in the Kunnamangalam Area of the ancient city of Calicut in Kerala. Boasting one of the most picturesque and oxy-rich campuses in the country, the world-class infrastructure includes air-conditioned classrooms, guest care areas and LAN/WAN connectivity which enables every IIMK resident to be exposed to a wholesome experience.