School of Business, IPB University (SB-IPB) is a new institution at the faculty level at IPB University, but it has a long history based on the programs offered. SB-IPB was established on September 25, 1991, in accordance with SK Rektor IPB No.103/Um/1991 as Master of Agribusiness Management program (MMA-IPB). The establishment of MMA-IPB was strengthened through SK Direktur Jenderal Pendidikan Tinggi, Departemen Pendidikan dan Kebudayaan Republik Indonesia Nomor 584/DIKTI/Kep/1993 dated October 2, 1993, regarding License of Conduct of Masters Program. MMA-IPB program started its master degree education on November 14, 1991. In 2005, in accordance with SK Rektor Nomor 029/KI3/OT/2005, the status of MMA-IPB was elevated to become Business and Management Program (MB-IPB), with a broader mandate not only to conduct Master of Management Program but also Doctor of Business and Management Program.

MB-IPB has a different autonomy positioning status compared with other postgraduate programs. This status is supported by the implementation of MB-IPB Strategic Self-Management Unit since 2007 based on SK Rektor No. 102/13/OT/2007. The status provided full authority to MB-IPB in managing human resources, finance, as well as program planning and development. This status is also supported by SK Senat Akademik IPB No. 21/I/KEP/SA/2003 on Guidelines of Academic Freedom and Keputusan Senat Akademik No. 51/SA-IPB/2008 on IPB Academic Ethics. The autonomy status has provided authority to MB-IPB to develop suitable academic programs to MB-IPB Postgraduate Program.

In 2015, in accordance to Surat Keputusan Rektor Nomor 5/IT3/OT/2015 dated January 30, 2015, IPB integrated Business and Management Postgraduate Program (MB-IPB), that previously had conducted Master of Business Program (S2) and Doctor of Business Program (S3) to be a part of SB-IPB. Now, Programs that offered in SB-IPB are Bachelor of Business Program (S1), Master of Business Program (S2), and Doctor of Business Program (S3).