Rizvi Institute of Management Studies and Research (RIMSR), established in 1994 in Mumbai, is a private business school affiliated with the University of Mumbai and approved by AICTE. The institute offers a flagship 2-year full-time MMS (MBA) program, along with executive, part-time, and certificate courses in management. With an annual intake of ~120 students for its MMS program and a diverse faculty, RIMSR is known for its accessible fee structure (ranging from INR 75,000 to INR 3.4 lakh), modern campus, and active placement cell. The campus is located in Bandra (West), Mumbai, and is part of the Rizvi Education Society.
- Rizvi Institute of Management Studies and Research Highlights
- Rizvi Institute of Management Studies and Research Courses & Fees
- Rizvi Institute of Management Studies and Research Admission Process
- Rizvi Institute of Management Studies and Research Scholarships
- Rizvi Institute of Management Studies and Research Campus & Facilities
- Rizvi Institute of Management Studies and Research Placements
- Rizvi Institute of Management Studies and Research Notable Alumni
Rizvi Institute of Management Studies and Research Highlights
Founded in 1994, RIMSR is a private institution in Mumbai, affiliated to the University of Mumbai and recognized by AICTE and DTE. The institute offers a flagship MMS (MBA) program with 120 seats and a faculty comprising experienced academicians and industry experts. The campus provides modern learning facilities, and the fee for the flagship program is approximately INR 3.4 lakh for two years. Entry is through national/state-level management entrance exams.
Particulars | Details |
Established | 1994 |
Type | Private |
Approvals/Accreditations | AICTE, DTE, University of Mumbai |
Student Intake / Strength | ~120 (MMS annual intake) |
Faculty | Experienced academicians & industry professionals |
Flagship Program & Fees | MMS (MBA), INR 3,43,522 (2 years) |
Entrance Exams | MAH-CET, CAT, CMAT, MAT, XAT, ATMA |
Official Website |
Rizvi Institute of Management Studies and Research Courses & Fees
RIMSR offers a range of postgraduate and certificate programs in management, with the flagship being the MMS (MBA) affiliated to the University of Mumbai. The institute also provides executive and part-time management programs, as well as certificate courses in specialized areas. Fees are structured to be accessible, with the MMS program costing approximately INR 3.4 lakh for the full duration.
Program | Level | Duration | Eligibility | Total Fees |
MMS (Master of Management Studies) | Postgraduate | 2 Years (Full Time) | Graduation + Entrance Exam (MAH-CET/CAT/CMAT/MAT/XAT/ATMA) | INR 3,43,522 |
Executive MBA/PGDM | Postgraduate (Executive) | 1–2 Years (Part Time) | Graduation + Work Experience | INR 1.5–2.5 lakh |
Certificate Courses (various) | Certificate | 3–6 Months | Graduation/Final Year Students | INR 75,000–1,00,000 |
Rizvi Institute of Management Studies and Research Admission Process
Admissions to the MMS program are conducted through a centralized process based on MAH-CET and other national-level management entrance exams. Shortlisted candidates are invited for further selection rounds, which may include group discussions and personal interviews. The application window typically opens in March–April each year, with final admissions completed by June–July.
Application Window: March–April (tentative)
Entrance Exams (if any): MAH-CET, CAT, CMAT, MAT, XAT, ATMA
Selection Stages (GD/PI/WAT/etc.): Group Discussion, Personal Interview
Step | Details | Indicative Timeline | Documents |
1. Application Submission | Online application via DTE Maharashtra or institute portal | March–April | Graduation marksheets, ID proof, entrance exam scorecard |
2. Entrance Exam | Appear for MAH-CET/CAT/CMAT/MAT/XAT/ATMA | March–May | Admit card, photo ID |
3. Shortlisting | Based on entrance exam scores | May–June | Scorecard |
4. GD/PI | Group Discussion & Personal Interview | June | Call letter, supporting documents |
5. Final Admission | Offer of admission and fee payment | June–July | All academic and entrance documents |
Rizvi Institute of Management Studies and Research Scholarships
RIMSR offers scholarships and financial assistance to deserving students, including those from minority communities and economically weaker sections. Some scholarships are provided through government schemes, while others are merit-based or need-based, helping to make management education more accessible.
Scholarship | Eligibility | Benefit | How to Apply |
Government Minority Scholarship | Minority community students (Muslim, Christian, Sikh, etc.) | Tuition fee waiver/partial reimbursement | Apply through Maharashtra government scholarship portal |
Merit-Based Scholarship | High entrance exam scores/academic performance | Fee concession/waiver | Submit application with supporting documents at institute |
Need-Based Financial Aid | Economically weaker section students | Partial fee waiver | Institute-level application with income proof |
Rizvi Institute of Management Studies and Research Campus & Facilities
The RIMSR campus in Bandra (West), Mumbai, features modern classrooms with audio-visual aids, a well-stocked library with digital resources, and computer labs with high-speed internet. Students have access to recreational areas, a canteen, and seminar halls for academic and extracurricular activities. Hostel accommodation is available for outstation students, and the campus is well connected by public transport.
Library / Digital Resources: Extensive collection of books, journals, e-resources
Labs / Research Centres / Special Equipment: Computer labs with internet, research support
Classrooms / Seminar Halls / Auditoriums: Smart classrooms, seminar halls for events
Hostel / Dining: Hostel for outstation students, campus canteen
Sports / Gym / Grounds: Basic sports and recreational facilities
Connectivity / Transport: Located in Bandra (West), accessible by Mumbai public transport
Rizvi Institute of Management Studies and Research Placements
RIMSR has an active placement cell that organizes training, workshops, and industry interactions. The average package for MMS graduates is typically in the range of INR 5–6 lakh per annum, with the highest package reaching up to INR 10–12 lakh per annum in recent years. Recruiters include leading companies from BFSI, IT, FMCG, and consulting sectors.
Year | Highest Package | Average Package | Median Package | Top Recruiters |
2024 | INR 12 LPA | INR 6 LPA | INR 5.5 LPA | ICICI Bank, HDFC Bank, Deloitte, Capgemini, Kotak Mahindra |
2023 | INR 10 LPA | INR 5.5 LPA | INR 5 LPA | TCS, Axis Bank, Godrej, L&T, Reliance |
Rizvi Institute of Management Studies and Research Notable Alumni
RIMSR alumni have made significant contributions in diverse sectors, including banking, consulting, and entrepreneurship. Notable alumni include industry leaders and professionals holding senior positions in reputed organizations.
Name | Role / Achievement |
Dr. Kalim Khan | Director, Rizvi Institute of Management Studies & Research |
Dr. Tanaya Mishra | Senior Vice President – Group HR, JSW Steel |
Dr. RB Smarta | Managing Director, Interlink Consultancy |
Murali Gopalan | National Business Editor, Hindu Business Line |


