Asian School of Business Management was highlighted in the October, 2006 special B School issue of Business India as ‘a world-class business school modelled after the best IIMs set up in 180 days’. Over the years, it has been recognised as a front ranking business school for its outstanding achievements and its unique industry-linked sectoral focused programmes. As an autonomous institute, it was offering Post Graduate Programmes in Management with due approval from AICTE, Ministry of Education, Govt. of India. The programme was accredited by National Board of Accreditation and Association of Indian Universities.

ASBM received international recognition through accreditation by the Accreditation Council for Business Schools and Programs (ACBSP), USA and also by the South Asian Quality Systems (SAQS). In recognition of its outstanding journey of a decade and half benchmarking quality parameters, the Government of Odisha conferred on Asian School of Business Management the ‘University Status’ on 26th September 2019 by enactment of the ASBM University, Odisha Act, 2019 (Odisha Act 4 of 2019).