The Indian National Congress at its XVII Session of December 1901 passed a resolution stating that “in view of the fact that the tendency of recent legislation namely, The Indian Mines Act VII of 1901, is that all Indian mines must be kept under the supervision of mining experts, the Congress is of opinion that a Government College of Mining Engineering be established in some suitable place in India on the models of the Royal School of Mines in England, Mining Colleges of Japan and at other places in the continent”. The McPherson Committee formed by Govt. of India, recommended the establishment of an institution for imparting education in the fields of Mining and Geology, whose report, submitted in 1920, formed the main basis for establishment of the Indian School of Mines, Dhanbad.
The Indian School of Mines was formally opened on 9th December 1926, by Lord Irwin, the then Viceroy of India to address the need for trained manpower related to mining activities in the country with disciplines of Mining and Applied Geology. In 1967 it was granted the status of a deemed to be university under Section 3 of UGC Act, 1956. Since its establishment, IIT(ISM) has undergone considerable expansion of its activities, and presently it can be considered as a total technology education institute.