Established in 1981 by a leading public charitable education trust, Shri Vile Parle Kelavani Mandal (SVKM), Narsee Monjee Institute of Management Studies (NMIMS) Mumbai, is a highly ranked leading B-school of India. NMIMS was the first institution in Mumbai city to be awarded the AICTE recognition. In January 2003, NMIMS, Mumbai was conferred the status of Deemed-to-be-University. For the past 40+ years, NMIMS School of Business Management (SBM), Mumbai, continues to be a premier private business school in India. NMIMS SBM has groomed numerous business leaders and entrepreneurs and created intellectual capital. AACSB Accredited, NMIMS Mumbai is ranked amongst the top management institutes in India. NMIMS Mumbai is Ranked # 21 in the GoI NIRF Ranking 2024 Management among top 125 B-schools. NMIMS Mumbai Placement over the years has consistently registered 100% placements. In the NMIMS Mumbai placements for 2022-24 batch, NMIMS Average Package was Rs.25.13 LPA and the highest package was Rs. 67.60 LPA. 37% batch was placed through PPOs. 168 marquee companies participated in NMIMS Mumbai Placements 2024. Among the top recruiters were Aditya Birla Capital, BNY Mellon, American Express, Axis Bank, CRISIL, Goldman Sachs, ICICI, HSBC, Morgan Stanley, Nomura, Reliance Industries, TAS, Vedanta among others.