The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai

Explore DSIMS’s journey from vision to NAAC accreditation, backed by industry-relevant MMS programs, 99% placements, and research-led education that creates future leaders.

Choosing a management institute in Mumbai is one of the most important decisions in your career. You want a place that doesn't just hand you a degree but prepares you for the real challenges of corporate life. You want mentors who care, recruiters who trust the institution, and an environment that shapes you into a leader with values. This is exactly what The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai represents, a story of commitment, quality education, and outcomes that speak for themselves.

Durgadevi Saraf Institute of Management Studies (DSIMS)stands as the most preferred management college for MMS in Mumbai, India. With 100% students placed, over 300 partner recruiters, an average package of 6.25 LPA, and a highest package of 10.4 LPA, DSIMS has proven its ability to deliver on its promises. But numbers alone don't tell the full story. What makes DSIMS special is its focus on value-based management education, social sensitivity, and overall development.

In this post, we'll walk you through the achievements that define The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai from its founding vision to its accreditations, academic programs, placement success, industry partnerships, research initiatives, and the campus experience that sets it apart.

The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai: Founding Vision and Legacy

DSIMS was established in 2010 as another milestone in the history of Rajasthani Sammelan, an educational trust that has been serving Mumbai since 1948. For over seven decades, Rajasthani Sammelan has provided educational opportunities to various sections of society, and DSIMS was conceived to extend that legacy into professional management education.

The institute was founded with generous donations from Shri Mahavirprasad G. Sarafand named after his mother, Late Smt. Durgadevi Saraf. This personal connection to the founders reflects the deep-rooted values that continue to guide DSIMS today. The promoters aspired to create a business school that would provide value-based management education, one that fulfills the needs of students, industry, and society at large.

From the beginning, DSIMS set out to develop professional expertise and skilled manpower across all functional areas of management. But it also aimed to do something more. The institute wanted to nurture managers who are not just competent but also socially sensitive and ethically grounded. This commitment to social responsibility and ethical leadership remains central to the DSIMS identity.

The vision was clear: to become one of the preferred B-schools in India by developing future Indian managers who understand their responsibilities to society. That vision has guided every decision, every program, and every partnership since day one.

Accreditations and Affiliations: A Promise of Quality

Quality assurance matters when you're investing two years of your life and significant resources into a management degree. DSIMS holds several important accreditations and affiliations that validate its commitment to academic excellence.

The institute is accredited with a B+ grade by NAAC (National Assessment and Accreditation Council), a recognition that reflects rigorous evaluation of teaching, learning resources, infrastructure, and student support services. This accreditation assures students and parents that DSIMS meets high standards of educational quality.

The flagship Master of Management Studies (MMS) program is approved by AICTE (All India Council for Technical Education), recognized by the Department of Technical Education (DTE), Government of Maharashtra, and affiliated to the University of Mumbai. On successful completion, students receive their MMS degree from the University of Mumbai, a credential recognized across India and beyond.

DSIMS also holds ISO certification for quality management education, further reinforcing its commitment to maintaining international standards in all aspects of institutional functioning. These accreditations aren't just badges on a website. They represent a promise to students that the education they receive will be rigorous, relevant, and respected by employers.

Rankings and Recognitions

DSIMS has earned notable rankings that solidify its reputation as one of the top 10 Management Institute in Mumbai:

• 5th Rank: Top Private B-schools in Mumbai (Times B School Survey 2021)
• 18th Rank: Top Private B Schools in West India (Times B School Survey 2021)
• 29th Rank: Top Private B Schools in India (Times B School Survey 2021)
• 13th Rank: Top B-Schools of Excellence (Competition Success Review-GHRDC B-Schools Survey 2018)
• 105th Rank: Private B Schools in India (Business World Rankings 2015)
• “AA” Rating by Careers360 (2015)
• strong> by Lloyd’s Register (LRQA)
• Asia’s 100 Best & Fastest Growing Management Institute (WCRC Leaders Asia Edition, January 9, 2014)
• “A4” Rating under B-Schools of West India (Indian Management, Vol. 53, Issue 11, November 2014)
• Fastest Growing Private Education Institute 2012–13 (Business School Category) (Process Advisors & Evaluators – KPMG in India)

These achievements highlight the institution’s consistent performance and its rising stature among Management Institute in Mumbai.

Academic Excellence and Beyond: MMS & More

The MMS program at DSIMS is a two-year full-time course designed to be dynamic, broad, and industry-oriented. The program is focused on building future-ready, socially responsible business leaders who can navigate the complexities of modern business.

Students can specialize in Marketing, Finance, Human Resources, or Operations. The curriculum is meticulously designed to offer a stimulating learning environment that encourages students to develop their managerial and leadership capabilities across all critical areas.

But DSIMS doesn't just follow the University of Mumbai curriculum mechanically. The institute has imparted what it calls the "DSIMS touch", making the curriculum contemporary and relevant to current industry needs. The focus is on nurturing employable managers, not just degree holders.

Key differentiators of the DSIMS academic approach include:

• Industry-Ready Course: The curriculum integrates practical skills and industry requirements at every stage.
• 3-Month Summer Internship Project (SIP): A mandatory experiential learning component conducted between May and June after the first year, giving students hands-on corporate exposure.
• Blended Pedagogy: A mix of case studies, simulations, projects, and traditional lectures to cater to different learning styles.
• Leaders in Making (LiM): Special sessions focused on personality development, professional grooming, and soft skills.
• Institute Social Responsibility: Programs that encourage students to engage with social issues and develop empathy.
• Mentoring: Faculty mentors guide students through academic and personal challenges.

Beyond the MMS, DSIMS offers a Ph.D. in Management program for those interested in academic and industry research. The institute also conducts Management Development Programs (MDPs) for working professionals and Faculty Development Programs (FDPs) for academicians, extending its impact beyond full-time students.

DSIMS Placement Policy and Success Stories

One of the most compelling aspects of The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai is its placement record. The institute maintains a , with over 300 partner recruiters and packages reaching up to 10.4 LPA.

Top recruiters include Aditya Birla Finance, Anand Rathi, ITC, IDBI Bank, Shapoorji Pallonji, TCS, CavinKare, Nomura, SBI Securities, Deloitte, American Express, Citi Bank, KPMG, and Reliance Energy, among many others. In the 2023-24 placement cycle, 90% of students were placedwith a mean CTC of 5.5 LPA and a highest package of 7.5 LPA.

The dedicated training and placement cell works year-round to build relationships with recruiters, organize campus drives, and prepare students through mock interviews, resume workshops, and industry interactions.

Industry Engagement: Bridging Classroom and Corporate Realities

DSIMS understands that management education cannot happen in isolation from the corporate world. The institute maintains strong industry connections through multiple channels.

The Summer Internship Project (SIP) is a cornerstone of this engagement. Conducted between May 1 and June 30 after the first year, the SIP is an experiential learning component that integrates classroom knowledge with practical applications in a professional environment. Students get first-hand experience of real-time business situations, which not only provides practical learning but also helps them make informed decisions about future career paths.

DSIMS places immense emphasis on SIP preparation. The institute organizes training workshops, involves industry professionals and alumni in the process, and assigns faculty mentors to guide students. This committed engagement during the internship period often translates into placement offers from the same companies.

The Leaders in Making (LiM) sessions are another critical component of industry readiness. These sessions focus on personality development, communication skills, business etiquette, and professional grooming. Industry experts and alumni are regularly invited to share insights and mentor students.

The campus infrastructure includes seminar halls, an auditorium, and the Durgadevi Saraf Hall with excellent acoustics, all used to organize industry immersive sessions at regular intervals. These sessions expose students to current business challenges, emerging trends, and leadership perspectives from practicing managers.

DSIMS also has 5+ international tie-ups that provide global exposure to students, broadening their understanding of international business practices.

Supporting Research and Innovation at DSIMS

Research is a major part of any top management institute, and DSIMS has built a solid ecosystem to support it. The Remsons Centre for Management Research (RCMR) was established with generous donations from the Remsons Group of Companies by Late Shri Vishva Prakashji Harlalka in memory of his mother, Smt. Radhadevi Harlalka.

RCMR focuses on developing contemporary and usable research in various areas of management. The center aims to bring academic relevance to industry practices by conducting empirical studies and consulting activities, particularly for small and medium businesses. It organizes research seminars on methodologies, tools, and statistical software packages, and hosts an annual International Research Conference.

DSIMS also publishes "The Management Quest," a bi-annual, double-blind peer-reviewed journal (ISSN: 2581-6632). The journal attracts research papers, case studies, and book reviews from academia and industry across management and allied areas such as Finance, Marketing, HRM, Operations & Supply Chain, Behavioral Science, Economics, Law, Business Ethics, Corporate Governance, and CSR.

The journal focuses on contemporary issues with the aim of supporting corporates and industry by providing viable solutions based on empirical evidence and analysis. This commitment to research ensures that both faculty and students stay engaged with modern developments in management thought.

The Knowledge Resource Centre (KRC), popularly known as the Murlidhar Karwa Knowledge Resource Centre, supports this research culture. With generous donations from Shri Murlidhar Karwa, DSIMS has created a center of excellence in collection building with high-quality resources for postgraduate education and research activities. The KRC aims to be one of the best business and management science libraries in the country.

Why DSIMS is a Preferred Choice for Future Managers

Beyond academics and placements, DSIMS offers a holistic educational experience that prepares students for life, not just careers.

The campus infrastructure features state-of-the-art facilities including modern Wi-Fi-enabled classrooms, computer labs, and a centrally air-conditioned setup. The classrooms are fully air-conditioned and equipped with multimedia smart boards, LCD screens, and high-speed Wi-Fi, creating an interactive environment that makes lectures more dynamic and effective.

For students coming from outside Mumbai, DSIMS provides support for accommodation. The Jankidevi Bilasrai Bubna Boys' Hostel offers residential facilities for 152 male students, while the Draupadidevi Sanwarmal Women's Hostel provides twin-sharing AC and non-AC accommodation with attached bathrooms, recreational areas, dining facilities, 24x7 security, medical support, and Wi-Fi connectivity.

DSIMS also recognizes that financial constraints should not prevent talented students from pursuing quality education. The institute offers merit-based and need-based scholarships to support deserving students. These include:

• IRB Scholarship Endowment Fund sponsored by Infrastructure Developers Ltd, recognizing high academic achievement.
• BKT Endowment Freeship Fund sponsored by Balkrishna Industries Ltd, providing freeships to students facing financial constraints.
• Jankidevi Bilasrai Bubna Endowment Freeship Fund providing financial support to needy and deserving students.

The institute also maintains a Book Bank facility for economically backward MMS students, providing course-specific textbooks for the entire semester.

Campus life at DSIMS extends beyond classrooms. Students participate in festivals, seminars, alumni meets, and social responsibility initiatives. The institute encourages extracurricular activities, leadership programs, and community service, helping develop well-rounded professionals who can make meaningful contributions to society.

With 744+ alumni worldwide occupying positions in multinational corporations, start-ups, and consultancy firms, DSIMS has built a strong network that supports current students through career mentoring, guest talks, and recruitment opportunities.

Carrying Forward "The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai

The Journey of DSIMS- Becoming One of the Top Management Institute in Mumbai is a story of vision, commitment, and results. From its founding in 2010 as part of the Rajasthani Sammelan legacy to its current status as the most preferred management college for MMS in Mumbai, DSIMS has stayed true to its core values: value-based education, social sensitivity, and holistic development.

The institute's NAAC B+ accreditation, AICTE approval, and University of Mumbai affiliation provide the quality assurance students need. The industry-ready curriculum, three-month SIP, blended pedagogy, and Leaders in Making sessions prepare students for corporate challenges. The 99% placement record, 300+ partner recruiters, and attractive salary packages demonstrate the trust that industry places in DSIMS graduates.

But what truly sets DSIMS apart is its focus on developing not just competent managers but ethical leaders who understand their responsibilities to society. The institute's emphasis on social responsibility, mentoring, research, and holistic growth creates an environment where students can transform their ambitions into achievements.

If you're looking for a management institute that combines academic rigor with practical exposure, industry connections with social values, and personal growth with professional success, DSIMS deserves your serious consideration.

Explore the DSIMS website to learn more about the MMS program, admission requirements, placement policies, and campus facilities. Connect with the admissions team to understand how DSIMS can help you achieve your career goals. Your journey to becoming a future-ready, socially responsible business leader can begin here.

FAQs

1. Why is DSIMS considered one of the top management institutes in Mumbai?

DSIMS has built its reputation through consistent results. With NAAC B+ accreditation, AICTE-approved MMS programs, strong industry partnerships, and a 99% placement record, the institute has earned trust among students and recruiters alike. Its focus on practical learning, discipline, and industry readiness makes it a preferred choice for MMS aspirants in Mumbai.

2. What kind of placement support does DSIMS provide to MMS students?

DSIMS offers structured placement support through its dedicated training and placement cell. Students undergo regular mock interviews, resume-building sessions, aptitude training, and personality development programs. With over 300 recruiters visiting campus, students get access to roles across finance, marketing, HR, and operations, with packages going up to 10.4 LPA.

3. Which specialisations are available in the MMS program at DSIMS?

The MMS program at DSIMS allows students to choose from key specialisations such as Marketing, Finance, Human Resources, and Operations. These specialisations are aligned with current industry roles and help students build focused skills based on their career interests.

4. Does DSIMS offer scholarships or financial support for students?

Yes, DSIMS provides merit-based and need-based scholarships to support deserving students. These include endowment scholarships funded by reputed industry groups and freeship assistance for students facing financial challenges. A book bank facility is also available for eligible MMS students.

5. How does DSIMS prepare students for real corporate roles during the course?

DSIMS prepares students through a mandatory three-month Summer Internship Project, regular industry sessions, leadership and communication training under its Leaders in Making program, and continuous mentoring by faculty and industry experts. This ensures students are well-prepared for interviews and workplace expectations.