It was founded by Mr. Showkat Aziz (Russell). Its Educational Institute Identification Number or EIIN, is 136683. On 01 August, 2002, it was first put into operation. Its motto is Committed to Ensure International Standard Education.
The alternative name for IBAIS University (IU) is আইবিএআইএস বিশ্ববিদ্যালয় (আইইউ).
IBAIS University (Bengali: ইবাইস ইউনিভার্সিটি, IBAIS: International Business Administration and Information System) is a private, nonprofit educational institution in Bangladesh.