Lal Bahadur Shastri Institute of Management Studies and Research is situated in Bilaspur>, Chhattisgarh
. It is affiliated to the Guru Ghasidas University. The institute offers two year full post graduate program in Business Administration. Research facility in Management is also provided.
The institute has a central library with a good collection of books, journals, and magazines. Accommodation is available in fully-furnished hostels. The college also arranges placement for the final year students.