The schools are set to open in July. | |
| The Narsee Monjee Institute of Management and Higher Studies (NMIMS) has decided to start five new business schools in Mumbai. |
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| The five new schools, which includes faculties of business management, technology management and engineering, pharmacy and management, family business, and a school for distance learning in management, are expected to be opened by July this year. |
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| Speaking to Business Standard, vice chancellor NMIMS, N M Kondap said, "NMIMS is planning to refocus itself from being an institute to a university. Establishing these business schools is a move towards attaining that status.The schools would be under NMIMS management but will function distinctly." |
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| The schools will be located at the NMIMS' Vile Parle campus. NMIMS is planning to add on to the existing infrastructure and upgrade it in terms of classroom and technology. |
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| This implies that the existing two-year management programmes of the institute will continue under the School of Business Management. |
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| However, the current programme of family business will be taken over by the new School of Family Business. |
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| Kondap did not reveal the cost NMIMS would incur in starting these schools."After placing the concept in place we will work out the revenue model,'' he said. |
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| NMIMS got its deemed university status three years ago and has also attained a grade A accreditation certificate from National assessment and accreditation Council (NAAC). |
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| He added that the university also wants to diversify from teaching into research, consultancy and training. |
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| NMIMS is launching a doctoral programme in management this year in association with Xavier's Institute of Management and Entrepreneurship, |
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| Bangalore, and T A Pai Management Institute, Manipal. |
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| Some other programmes the institute will launch this year include an MBA (global business), MBA (retail management) and MBA (services management). An MBA in pharma-tech, which will be a five year integrated programme after +2, will also be started this year. |
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