The Beginning
The impact of the rapid pace of transformation in business and industry has triggered a metamorphosis in executive mindsets. This has made it imperative for graduates, aspiring businesspersons and professionals to equip themselves with the latest know-how and bets practices. Versatile management training is indispensable as it provides the requisite skill sets to withstand the emerging challenges of the corporate world and successfully leverage career opportunities. In order to meet the growing demand for management education, the Mandal, with the help of handsome donation from Narsee Monjee Educational Trust, established Narsee Monjee Institute of Management and Higher Studies in 1981. The institute commenced its activities with starting of Masters Degree Programme in Management Studies. Through this Institute, SVKM hopes to contribute to strengthening the corporate foundation by imparting training in the latest techniques and know-how. The Institute renews its commitment to produce well-trained professionals who can take on the challenges and become modern day business managers.
Also, the University has taken an initiative to address the needs of various sectors and launched sectorial specific post graduate programmes like MBA (Retail Management), MBA (Pharmaceuticals Management), MBA (Services Management), MBA (Global Business), MBA (Actuarial Science), MBA (Capital Markets) and MBA (Banking).
Quality Assurance
NMIMS is the first business school to be accredited and awarded a “FIVE STAR” rating by the UGC sponsored National Assessment and Accreditation Council (NAAC), which is the highest rating that is awarded by the council.
NMIMS has been awarded the ISO 9001:2000 Certification by ICL in 2004.
The National Assessment and Accreditation Council (NAAC), an autonomous institution of the University Grants Commission (UGC) has accredited NMIMS University with Grade 'A' (Score 85-90%)
Deemed University Status
Based on the recommendations of the University Grants Commission and All India Council for Technical Education, Ministry of Human Resource Development, Government of India, has accorded Deemed to be University Status to NMIMS in January 2003.
Partnership with Industry
The Institute is active in improving partnership with industry through research, consultancy and student driven projects.In order to give greater focus to the interaction with the industry, the Institute recently set up an exclusive cell i.e. Industry Institute Partnership Cell, which, came into being with financial support from the All India Council for Technical Education (AICTE) in the year 2002.
The Industry Institute Partnership Cell is the focal point of sustained relationships with companies for:
1. Curriculum Development
2. Consultancy Programmes
3. Industry Specific Training Programmes
4. Management Development Programmes
5. Mentorship Programme for students by industry experts
The IIPC strives to build up industry sponsored collaborative Post Graduate Programmes. It also conducts workshops, seminars and guest lectures for students to expose them to the realities of the corporate environment.
International Linkages
Visualizing the onset of globalisation the institute went International and established linkages with a number of foreign universities like, ESSCA, Angers, France; ESSCA, Budapest, Hungary; EUROMED, Marseille, France; Universiti Uttara Malaysia; Athens University, Greece; Stockholm University, Sweden and Middlesex University, UK. Linkages with institutions in South Africa and U.S.A. are on the anvil.
Placements
The Institute has an excellent placement record for full-time students with 100% placement. Multinational and national companies from Financial Services, IT, FMCG, Service Sector, Heavy Industry, Banking, Retailing and Advertising visit the campus during the month of January.