Accommodation at IIMB consists of 10 hostel blocks, one executive block and the executive accommodation at the Management Development Center, popularly known as MDC. All students are provided with accommodation on campus in well-appointed single room in the Institute hostels. 24 hours Internet connectivity, fully automatic washing machines, music room, and recreation room are standard features. Laundry and Ironing services are also provided. The hostels also have intercom facility, which is linked to the institute intercom. There are 3 STD/ISD, PCOs in the hostel premises for the convenience of the student apart from coin operated public telephones. There is also a student run library, music club and students shop in the hostel premises.

The Institute has excellent accommodation for executives participating in various executive education programmes which are held at the Management Development Centre. In addition to the existing facilities, new accommodation facilities are coming up for executives attending various programs. The Institute provides guest room facility for visitors. Dining and canteen facilities are provided for each type of accommodation within the accommodation premises.

We believe in the aphorism "Healthy minds dwell in healthy bodies "and to that end students are encouraged to use the sports facilities available on the campus. A state-of-the-art gymnasium, a football/cricket ground, an indoor badminton court, a jogger's park and two courts for the favorite local sport Tsepak Ball provide a suitable outlet for students.

Thus a perfect blend of sports and academics ensure the all-round development of every student who passes through the portals of IIMB.