XLRI, one of the best management schools in India, was established in 1949. XLRI is the oldest management school in India. This institute offers two-year Diploma in Management programmes – Postgraduate Diploma in Business Management (PGDBM) and Postgraduate Diploma in Human Resource Management (PGDHRM). It also offers a 15-month full-time residential PGDM in General Management Program known as ExPGDM (formerly known as GMP), a three-year Postgraduate Diploma in Business Management (PGDBM), it is a three-year program) for working executives and a Fellowship Diploma in Management (FDPM). XLRI is also known for offering various short-term management development programmes and a host of virtual programs.