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NMIMS Navi Mumbai Embarks on Major Expansion Plans

April 24, 2023

Ronita  Torcato

Narsee Monjee Institute of Management Studies (NMIMS ) Navi Mumbai plans to add new courses to the curriculum, including Artificial Intelligence (AI), Business Analytics, Fintech, and  Human Resource Information Systems (HRIS) matching international standards and double its student capacity by the year end. 

These major expansion plans were announced on the occasion of the institution’s fifth  Convocation Day, when top-performing Masters of Business Administration students were lauded for their academic achievements.

Dr Nitin Balwani, Associate Dean 

School of Business Management (SBM), NMIMS, Navi Mumbai, Dr. Meena Chintamaneni, Pro Vice Chancellor, Shri Vile Parle Kelavani Mandal (SVKM ) NMIMS,  Vivek Arora, Corporate SVP, Global Head – Retail, Travel,Transportation & Hospitality Vertical; Global Head – Strategic Deals, Sutherland Global Services,  Dr. Ruchita Verma, I/C Director, Navi Mumbai, NMIMS, Dr. Jayant P. Gandhi, Hon. Jt. Secretary, SVKM & nominee of Hon’ble Chancellor SVKM’s NMIMS, Dr. Sharad Mhaiskar, Pro-Vice Chancellor, SVKM’s NMIMS, Ashish Apte, Controller of Examinations and nominee of the Registrar SVKM’s NMIMS, were among those present.

The upcoming courses are designed to improve students’ employability in the new emerging VUCA world,   NMIMS

faculty said. (VUCA is an acronym for volatility, uncertainty, complexity, and ambiguity. ) 

To accomodate the rising number of students, NMIMS Navi Mumbai is doubling its capacity by the end of this year, which will enable the campus to accommodate up to 5000 students while maintaining a 1:15 teacher-student ratio.

The Ministry of Micro, Small and Medium Enterprises,  Government of India (MSME, GoI) has empanelled the NMIMS Navi Mumbai as a Technical Agency to help implement the scheme for funding of Regeneration of Traditional Industries (SFURTI), under the guidance of Senior Professor Dr Chandan Singh Adhikari. 

NMIMS Navi Mumbai is also collaborating with industries and invited 108 executives to the School of Business Management last year.

NMIMS Navi Mumbai offers an exceptional education and opportunities to its students. This is evident in the 32.5% increase in average placement packages compared to the previous year, faculty said.

The institution has set up various committees and clubs, such as the Entrepreneurial Cell, with the aim of promoting entrepreneurship as the cornerstone of India’s development. The E-Cell conducts threshold sessions every week to assist aspiring entrepreneurs in launching their own businesses and enhancing  innovative concepts.

Dr. Sharad Mhaiskar  urged students who are entering the professional world to ” remember that this is a time for introspection. NMIMS has been focusing on the four important building blocks:  knowledge creation, teaching and learning excellence, stakeholder management, and enhancing perception. The legacy that NMIMS has provided to you and the hard work that you have put in will help you in succeeding. Leave footprints in the sand of time if you want to be remembered.”

“As they say, failure is only a path to success. Define what your success is. Success means a lot of things. It means balance, it means health and happiness. Obviously, achieving corporate success is important, but there is no single path to success. Some of the things that have worked for me: Ride the Wave, try out a lot of things, don’t be afraid, make the changes that you want to make, but at one point stabilize and find out what you really want to do. Find your work-life balance, develop some good hobbies, and develop more anchors, “ Chief Guest, Mr. Vivek Arora,  addressed the new graduates. 

NMIMS is confident that the students’ dedication and hard work will pay off personally and professionally, leading to their complete personality development.

The global, national, and business economic environment has changed in the last 27 years, certainly for the better in some areas and for the worse in others. However, some things do not change. Just like you are stepping out of an intellectually stimulating academy to a world of opportunities, challenges, and contradictions like we did 27 years back, he said. 

NMIMS Navi Mumbai offers world-class, interdisciplinary programs in management, commerce, engineering & technology management, law, science, hospitality management, and economics. The institute features contemporary facilities with a global perspective and infrastructure, renowned faculty with industry experience, and rigorous teaching pedagogy.

Also Read: UGC bars Narsee Monjee Institute of Management Studies from offering distance learning, online courses

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