Since its inception, ICBS has established itself as a leading Business School in Sri Lanka. ICBS' history dates back to 1985 when it was known as CBS, which was a pioneer in CIMA education in Sri Lanka, giving them an edge of being one of the oldest business schools in Sri Lanka. Currently ICBS, is one of the fastest growing education providers, having coached over 50,000 students to date. ICBS aso has the exclusive privilege to train the Armed forces of Sri Lanka (SL Navy & SL Army) for CIMA exams and is also the only institute to be selected to train the Chief Financial Officers (CFO) of various companies in Sri Lanka for CIMA. ICBS is the only institute in Sri Lanka, selected by CIMA Sri Lanka division on multiple occasion conduct "Train The Trainer" (TTT) programme for lectures from various countries. ICBS was accredited by CIMA (UK) as a 'Learning Partner Institute' in 2004, making it one of the first institutes in Sri Lanka to receive this prestigious Status, assuring the highest quality of delivery.
This distinguished accreditation is awarded only to institutes which offer evidence of continuous improvements, high pass rates at examinations and stringent overall quality standards certified by an independent' auditor from UK. With a branch in Kandy that was also accredited as a Learning Partner Institute in 2013, ICBS became the only institute in South East Asia, the Middle East and North Africa to have 2 Premium Learning Partner Institutes. ICBS is also a Gold Approved Learning Partner (ALP) of ACCA ICBS has also extended its operations internationally by partnering with colleges in India, providing lecturer and student support. ICBS is also the only Business School in Sri Lanka with global exposure having partnerships in India, Bangladesh, Nepal, and Pakistan.
The latest "Jewel in the Crown" is the affiliation with the University of the West of Scotland (UWS) which resulted in the launch of the BA (Hons) International Business & Finance degree in March 2016. The BA (Hons) International Business & Finance developed in association with ACCA, CIMA and UWS is testament to ICBS' innovative and visionary approach This Degree is a GLOBAL first, where for the 1 st time, ever 10 globally recognised professional qualifications provide students following the degree with more than 80 exemptions. Among the 10 professional qualifications are CIMA and ACCA who have come forward to offer 20 exemptions for 20 subjects upon the completion of just the first 2 years of the degree programme.
An extension of the relationship between UWS and ICBS in 2017 resulted in the launch of the MBA International Business and MBA International Business & Finance ICBS further boasts of the 1 st Digital learning facility in Sri Lanka which is utilised for the postgraduate programmes offered ICBS believes offering an all-round student experience. Like when a student finishes their journey at ICBS, the student will not only be qualified as a pure academic, but also an individual who knows how to strike a balance between their priorities and altogether a better human being.
This where the Student Council (SC) of ICBS plays a vital role. The SC encourages, Recreational, Social, Intellectual and Cultural activities to offer students the much sought-after balance between academic and extra-curricular activities. Our graduates are work–ready, resilient and able to contribute locally and globally. "The difference between failure and success is doing a thing nearly right and doing a thing exactly right."