Visiting the Instituto Peruano de Administración de Empresas or Peruvian Institute for Business Management is one of the things to do in Lima. Also known as IPAE, the establishment was first founded on 1959 by a group of prominent industrialists from Peru, led by Don Carlos A. Vidal. Similar to a non governmental organization that is not geared towards profit, IPAE is dedicated not for the purpose of profit but to the formation and improvement of industrialists, professionals, and executives of companies to bring about the development of the country.
IPAE is one of the sights of Lima as it is known to be the first to offer courses in administration of companies in Peru. 46 years after the school has been established, more than 40,000 students have graduated - a clear recognition of the academic excellence that IPAE offers. It hopes to still continue developing industrialists who would one day bring about change and development in the country of Peru.