The Niranjanlal Dalmia Educational Society was established in April 1982, by the Founder Chairman Late Shri Niranjanlal Dalmia. He came from a humble background and despite the difficulties in funding his own education; he received a gold medal in Law and stood second in the All India Civil Services Examination. He realized the value of education and how it can be the biggest enabler to nation building. Thus started the two schools of excellence in education with an aim to provide holistic education to every meritorious student; Niranjanlal Dalmia High School (NLDHS) in 1991 & Niranjanlal Dalmia Institute of Management Studies and Research (NLDIMSR) in 1997.
NLDIMSR is affiliated to the University of Mumbai and approved by AICTE and Government of Maharashtra. The Institute is NAAC ‘A’ Accredited by the National Assessment & Accreditation Council. The Institute is ISO 9001:2008 certified by UKAS, United Kingdom Accredited Services & SGS.
- 2 year Full time Post-Graduate Diploma in Management (PGDM) approved by AICTE, Ministry of HRD Govt. of India.
- 2 year Full time Masters in Management Studies (MMS) program affiliated to the University of Mumbai.
- 3 year Part time Master’s Degree Courses with specialization in Marketing (MMM), Finance (MFM) and Human Resources Management (MHRDM) affiliated to University of Mumbai.
- One Plus One Global MBA Program with University of Wisconsin-Parkside
- Ph.D in the area of Management affiliated to University of Mumbai.
The highly qualified faculty team is alumni of prestigious national/international institutes with a good blend of industry and academic experience. A highly innovative curriculum course provides a holistic perspective of new thinking, a key to add ethical values in today’s fast changing and competitive environment. The Institute has allocated Rupees Fifty Lakhs for the research and development to encourage research activities.
The institute has the best, state-of-the-art infrastructure that provides a conducive environment for learning. NLDIMSR is Mumbai’s first Institute to have 12-Terminal Bloomberg Lab and probably the largest one in India. It has a complete CISCO WIFI-enabled Campus and a digitalized library.
In order to develop a sense of responsibility in the students, the institute has introduced (My Social Responsibility) MSR rather than (Corporate Social Responsibility) CSR where the students take onus of their share of responsibilities rather than transferring to the corporate.
To strengthen the global outlook and collaborations, the Institute has academic tie-ups in the area of collaborative research projects with national and international Institutions of excellence. To name a few, NLDIMSR has signed a MOU with Sprott Shaw College, Vancouver, Canada for various kinds of collaborations including Research, Academic Exchange and Service Programs. Both institutions will jointly promote development of courses & educational programs and faculty & student exchange. Additionally, the Institute also has Academic tie ups in the area of Students Exchange and Collaborative Research with prestigious Williams College of Business – Xavier’s University, Cincinnati, Ohio, United States. Also, the University of Wisconsin, Parkside – United States and NLDIMSR has signed an MOU to collaborate for a one plus one MBA program in Global Management Education. The MOU also facilitates joint research projects and student & faculty exchange. In addition, the institute has been regularly inviting faculties from renowned foreign universities.
At national level, Multi Commodity Exchange of India Limited (MCX) and N. L. Dalmia Institute of Management & Research, have signed a MOU to jointly bring in another facet of financial literacy in commodity derivatives to the institute’s students.
NLDIMSR has an excellent placement record. Every year, top MNCs and blue chip companies visit the campus for placements. The academic rigor equips the students and helps to achieve 100 percent placement. All students get an equal opportunity for placement and the institute strives to offer them placement of their choice, profile and location.
With a mission to advance Quality Management Education through Accreditation, Memberships and Value Added Services, the Institute has associations with prestigious professional bodies such as Advance Collegiate School of Business (AACSB), USA, European Foundation for Management Development (EFMD), Belgium and European Foundation for Management Development Global Network (EFMDGN), Belgium. The Institute also has prestigious memberships with Professional bodies like Bombay Management Association (BMA), Consultants of India (IMCI), Indian Merchants Chamber (IMC).
In order to foster entrepreneurship among the students, the institute has an “Incubation centre” where it encourages students to incubate innovative and path breaking ideas and prepare “Business plans” on the basis of empirical studies. Students’ are thus encouraged not only to be the best among employees, but also to become entrepreneurs, creating wealth for the nation in turn.
Some of the achievements that make NLDIMSR a coveted institution are as follows:
- Ranked amongst the Top 25 B-School from over 3,500 AICTE approved B-Schools currently operational in India.
- The Best Business School Award in Management & Most Innovative B-Schools Award in Industry and Academia Interface -2015 – Innovative B Schools Award was presented by DNA & Stars of the Industry Group in 2015.
- Great Place to Study, Leading Business School of the Year Award, Outstanding B-School (West), honoured by World Education Congress in 2015.
- Educational Excellence – Academic Institution Award honoured by Conference Asia in 2015.
The institutes’ endeavour is to provide a seamlessly stimulating ambience that is both welcoming and challenging with a commitment to provide opportunities to the students that expose them to world issues and perspectives. The institutes’ effort is to become the trend setter, the torch bearer that inspires vibrant minds to scale the heights of brilliance.