As a member-Institute of the School of Advanced Study, the Institute of Latin American Studies is governed by a Scheme in accordance with the Constitution of the School.

The Scheme provides for the establishment of an Advisory Council of the Institute, which advises the Director on the promotion of the objectives of the Institute, within the University, nationally and internationally; and on plans for the future development of the Institute.

The Institute is managed on a day-to-day basis by the Director and Administrative Manager.