Master of Management Studies (MMS)
Post Graduate Diploma in Management (PGDM)
3 Years Part Time Master's Degree Program
Executive Program in Management (EPM)
Diploma in Family Business Management(DFBM)
Women Entrepreneurship
Management Development Program (MDP) & Faculty Development Program (FDP)


Master of Management Studies (MMS)

Welcome to Master of Management Studies – the flagship course of DSIMS.

MMS is a two year program affiliated to the University of Mumbai. In a short time of two years, the MMS program from DSIMS has emerged as truly exceptional. On successful completion, the student gets the MMS degree from the University of Mumbai. Our recruiters (almost 100 companies) are a testimony to our acceptance.

At DSIMS our focus is on nurturing employable managers. To do this, we have taken the University curriculum and imparted it the DSIMS touch to make it contemporary and relevant. As a student of DSIMS, you will go through a faculty aided transformation exercise that will develop you as employable managers. We invite you to browse through our site to learn more about our differentiators.

We offer specializations in

  • Finance
  • Marketing
  • Human Resource Management and
  • Operations

The MMS is a two year program, organized around four semesters, spread across the two years. To help bring all students to a common and level playing field, DSIMS offers a two week long Boot Camp that focuses on basics of Finance, Quantitative Techniques, Communication Skills, Use of office productivity tools like Excel, Word and Power Point.

The Boot camp orients the students to the case based learning methodology and the efficient use of internet for secondary data in research.

The course is trifurcated into three categories – A core set of 22  courses, Majors - a set of five to seven subjects in the specialization area and a set of three to four electives within each specialization.

The first two semesters in year one are based on a structured series of 22 core courses. These courses cover key management disciplines, and the business ecosystem. To become a global manager, students can choose a foreign language as a part of their curriculum.

The second year of the program has two components. A core of five to seven courses relevant to each specialization and a set of three to four electives focusing on deep domain expertise.  

Academic Calendar 2015 -16

Inauguration 03-Aug-2015
Orientation/Boot Camp 04-Aug-2015
Commencement of Regular Classes 10-Aug-2015
Diwali Vacation 09-Nov-2015 to 15-Nov-2015
Exam 15-Dec-2015
Semester Break
University Exam
Winter Vacation 25-Dec-2015 to 01-Jan-2016
SIP 01-May-2016 to 30-Jun-2016
Foundation Day 13-Aug-2015   Finance Conclave
( Financia’16)
Supply Chain Conclave
( Opsession’15)
17-Oct-2015 Marketing Conclave
( Touge’16)
HR Conclave’15 12-Dec-2015 Versus’16
Rural Immersion 14-Dec-2015
International immersion 01-Mar-2016

Core Papers

Semester I Semester II Semester IV
Perspective Management Legal & Tax aspects of Business Management Control System
Financial Accounting Cost & Management Accounting Business Ethics & Corporate Governance
Managerial Economics Economic Environment of Business Entrepreneurship Management
Operations Management Operations Research Services Management
Organisational Behavior Human Resources Management Environment Management
Business Mathematics Research Methodology & Fundamentals of MR Legal Environment of Business
Information Technology for Management MIS Management Accounting
Communication Skills Financial Management Productivity Techniques OR
Marketing Management Market Applications & Practices Total quality management
Elective 1 Elective 1 Financial Management OR
Elective 2 Elective 2 Project management
Electives (any Two) Specialization Project
Selling & Negotiation Skills Decision Science  
High Performance Leadership Managerial Process Skills  
Indian Ethos in Management Analysis of financial statements  
Corporate Social Responsibility projects Foreign languages (German, French, Japanese, Spanish)  


The Pedagogy is designed to be flexible & wide ranging, incorporating the cutting edge as well as ensuring a firm grasp on core fundamentals.

The faculty, at DSIMS, strives to make learning an enriching experience in more than one ways.

  • Lectures    
  • Role Plays    
  • Case Studies    
  • Presentations    
  • Seminars & Workshops    
  • Group Discussion    
  • Guest Lectures Series    
  • Live Projects    
  • Soft Skills Development    
  • Outbound Training   

Total Intake:  120 Seats

  i. CAP Round Seats : 47
  ii. Hindi Speaking Minority Community Seats:  61
  iii. Institute Level Seats:  12         

Institute Type: Private/Unaided Hindi Linguistic Minority.

Institute Code: MB-3350 (as given by DTE)

Admission Process:        

i. CAP Round Seats:

Admission to seats belonging to CAP round is governed by the Director of Technical Education, Maharashtra State.  Please refer DTE website for CAP admission process

ii. Institute level seats and Hindi Speaking Minority Community seats

Admission to the Institute level seats and Hindi Speaking Minority Community seats is conducted by the Institute.  In addition to the admission test, the institute will conduct Group Discussion and Personal Interview for selecting candidates for admission.               

The admission forms for Hindi Speaking Minority Seats and Institute Level Seats are available on our website.  Fill in the application form and submit online.  Application fee of Rs. 2000.00 should be sent by demand draft drawn in favour of “RS-DSIMS “to the Institute Office along with the down loaded application form before the last date for submission of admission form. Forms received without application processing fee will not be considered for admission.

The Institute will prepare a merit list based on the percentile of marks at the admission test and short list candidates for next stage of selection process i.e. Group Discussion and Personal Interview. Group Discussion and Personal Interview will carry 50 marks each.

Students will be selected for admission on merit based on aggregate marks at written test (Percentile), Group Discussion and Personal Interview.

Admission Schedule:

i  Admission schedule for CAP round will be announced by Director of Technical Education.

ii  Admission Schedule for Institute level seats and Minority Seats is as follows:

  • Admission for the academic year 2015-16 is closed.

Contact us:
For course enquiry and admission: 022-26812325/2326 Mobile 9004444059


The candidate should fulfil the following eligibility criteria:

  • Should have passed Bachelors Degree examination in any faculty from a UGC recognised University with 50% marks in aggregate or equivalent CGPA before the commencement of the programme. 


    Appeared for the final year examination of any Bachelor’s degree examination in any faculty from a UGC recognised University.  Such candidates can be considered for provisional admission subject to passing the degree examination with minimum of   50% marks in aggregate or equivalent CGPA. However such students submits the proof of passing the examination with required percentage on or before September 25, 2015, failing which the admission offered to them will stand cancelled automatically and the fees paid by them will be forfeited.

  • Appeared for MHA-CET  2015 conducted by the Director of Technical Education (DTE), Government of Maharashtra or appeared for CAT (Conducted by IIMs, 2014) GMAT (conducted by GMAC USA,)/CMAT (conducted by AICTE September 2014-July 2015))/MAT (Conducted by AIMA September 2014- July 2015)/XAT (Conducted by XLRI 2014/ATMA (Conducted by AIMS September 2014-July 2015)


Total fees per year for the course are as follows:

  1. Tuition Fee & Development Fee:              Rs. 1,65,000.00
  2. Other Fees                                             Rs.     24,365.00
  3. Library Deposit (Refundable)                   Rs.     10,000.00

If offered admission to the MMS program, you will have to secure your seat by paying the interim fees of INR 1,99,365/- for the first academic year 2015-17 and other fee as per the norms of University of Mumbai. "
Please Note: The fee is set by the Shikshan Shulka Samiti, a government body. The fee given above is an interim fee. Any decrease in fee will be refunded to the student. Similarly, the student has to pay the difference in fee if there is any increase.

The Demand Draft/ Pay Order for the fees should be in favor of "Durgadevi Saraf Institute of Management Studies", payable at Mumbai.

In addition, you have to bear an additional expense of a laptop and a foreign immersion, which will be based on actual expenses.

Refund of Fees:
The refund of fees as applicable shall be made in due course. It is made clear that such application for cancellation will be considered if and only if the admission is confirmed by paying he prescribed tuition fee and other fees in full and by submitting the original documents.  Refund shall be made after deduction of cancellation charges as shown below:

Sr. No. Situation Refund
1. Cancellation Request Received before cut-off date and if a seat is filled in that course before the cut-off date Entire Fee less Rs. 1,000/=
2. Cancellation Request received before cut-off date but ‘a seat’ could not be filled in that course before cut-off date No Refund (except security deposit)

Estimated Living Expenses: The campus is located in the western suburb of Mumbai - Malad West. Rent and other living expenses vary considerably depending on your choice. However, as per the experience of students of DSIMS, you should budget for an estimated Rs. 5000 to Rs. 10,000/- per month as your living expenses. This does not include any local travel, entertainment or sightseeing trips you may wish to undertake.

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