Vivekanand Education Society's Institute of Management Studies and Research (VESIM)

What Vivekanand Education Society's Institute of Management Studies and Research (VESIM) does

Vivekanand Education Society's Institute of Management Studies and Research (VESIM) is a Mumbai-based private postgraduate management institution founded in 1994 under the non-profit Vivekanand Education Society (VES), which operates 26 educational institutions in the Chembur area. VESIM's core offering is a two-year Master of Management Studies (MMS) programme affiliated to the University of Mumbai and approved by AICTE, with NBA and NAAC (A Grade) accreditation. The programme carries specialisations across Finance, Marketing, HR, Operations, Business Analytics & AI, and Systems & Digital Business; PhD admissions are open for AY 2025-26 and certificate programmes (notably a 10+-year-old SS&C/GlobeOp collaboration on alternative investments) complement the degree.

The institute runs on a tuition-based revenue model with scholarship discounts (Rs 35,000 programme topper awards; Rs 10,000 specialisation toppers; Rs 5,000 internship toppers; need-based V.E.S. Samarthan aid). Admissions pull from ATMA, XAT, MHCET, CMAT and GMAT scores; placement is anchored by corporate partners including Deloitte, Tata Power, Maersk, EY, TIAA, Naukri, General Mills, Aldrich and Walplast, together with a stable network of 99+ industry-stalwart guest speakers. Distribution is single-campus (Chembur, Mumbai) plus outbound international MoUs in Europe, Australia and USA.

Technology stack supports a 100-station IBM-backed computer lab, Bloomberg terminal, SAP-HANA, a digital library with J-Gate/EBSCO/Prowess IQ, Turnitin, Interactive Smart Panels and high-speed Wi-Fi. Specialised units include a Centre of Excellence in Business Analytics & AI, an Incubation Centre (2025) and an R&D Cell (AY 2024-25). Operational scale is modest: 21 teaching and 21 non-teaching staff, with a first-year MMS cohort of ~310 students implying a total two-year enrolment near 600. Marketing relies on flagship events (VESIM Literati, Glimpses, INSANITY, III League, CHRO Conclave), Instagram presence, NIRF participation and entrance-exam partnerships.

Name

Vivekanand Education Society's Institute of Management Studies and Research (VESIM)

Legal name

Vivekanand Education Society's Institute of Management Studies & Research

Website

https://vesim.ves.ac.in

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

VESIM is a Mumbai-based, AICTE-approved and NBA/NAAC-accredited private B-school operating a two-year MMS postgraduate programme under the Vivekanand Education Society, serving graduate students through a Mumbai campus with multiple corporate placement partnerships.

Ownership category

akta.pro rank

Product category

Management Education / Higher Education (Business School)

NAICS

Business Schools and Computer and Management Training (6114), Professional and Management Development Training (611430)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Strategy, Consulting & General Management Institutes (EDAHAHAI)

akta.pro secondary industry

Management Research Institutes & Doctoral (PhD/DBA) Programs (EDAHAHAO)

Keywords

• Management education
• Postgraduate business programs
• Executive training
• MMS MBA program
• Corporate management training

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. MMS/MBA Program Tuition Fees: Revenue generated from two-year Master of Management Studies (MMS) program tuition fees charged to students
2. Scholarship Programs: Merit-based scholarships offered to top students including Rs 35,000 for program toppers and Rs 10,000 for specialization toppers

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels10 records

Core offering

VESIM offers postgraduate management education through its Master of Management Studies (MMS) program affiliated with the University of Mumbai and approved by AICTE, alongside management development programs (MDPs) and corporate training for working professionals. The institute delivers management education primarily through classroom-based instruction with support from a dedicated learning resource center.

Product overview

VESIM operates as a single-product core institution offering the NBA-accredited Master of Management Studies (MMS) program along with Ph.D. programs. The institution provides supplementary educational services including VESLARC (student counselling), an Incubation Centre for entrepreneurship, and a Centre of Excellence in Business Analytics & AI. Certificate programs in collaboration with industry partners like SS&C GlobeOp complement the core academic offerings. The institute is equipped with specialized student cells (IT, Finance, Marketing, Operations, HR) that organize experiential learning activities, workshops, and industry immersion programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Master of Management Studies (MMS) Program Two-year full-time postgraduate management degree program affiliated with the University of Mumbai and approved by AICTE, designed for graduates aspiring to management careers in the Indian corporate sector. Admissions are based on national/state-level management entrance exams.
• Management Development Programs (MDPs) Customized and open management development/executive education programs aimed at working professionals, managers, and corporate clients seeking to upskill in specific management domains.
• Corporate Training Programs Bespoke corporate training engagements designed and delivered for organizations needing targeted management capability building across their workforce.

Quantifiable outcome

• Ranked 39th among TOP 100 B-Schools All India (2026 Times B-School Ranking)
• +4 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core and minor.

• SS&CcoreStrategic or Co-development PartnerVESIM has been a key partner with SS&C on academia-industry collaboration for Certificate in Alternative Program. This program has helped hire smart and talented management graduates with good knowledge in financial products pursuing a career in alternative investment industry. Collaboration ongoing for more than 10 years.
• GlobeOp Financial Services (India) Private LimitedcoreStrategic or Co-development PartnerAssociate Director - Human Resources Sasmit Ghodke praised VESIM students as sincere with focus approach towards growth and learning. Collaboration for hiring management graduates in alternative investment industry ongoing for more than 10 years.
• Deloitte USIcoreStrategic or Co-development PartnerCampus Recruiter Chirag Sinari noted that VESIM students were thoroughly prepared, possessed required technical skills and are well-disciplined with good attitude. Regular campus recruiter for consulting and audit roles.
• General Mills India CentrecoreStrategic or Co-development PartnerOver the last few years, General Mills India Centre has partnered with VESIM for campus talent. Students recruited for Business Analyst, Sales and Operations roles. Talent Acquisition Kanchan Mahadeshwar noted students are extremely talented and worthy for requirements.
• Walplast Products Pvt. Ltd.minorStrategic or Co-development PartnerHas been recruiting from past 5 years for internship and final placements. Head - Human Resource Jyotsana Dogra satisfied with student quality noting very good domain knowledge and eagerness to learn and deliver.
• The Tata Power Company LimitedcoreStrategic or Co-development PartnerHead Strategy HR Subir Verma was very pleased with quality input from VESIM students on a project. Students completed project in time and added immense value with research, analytical ability and quality contribution.
• Lumina DatamaticsminorStrategic or Co-development PartnerDeputy Manager - Human Deepak Sharma expressed sincere appreciation for efforts in imparting quality technical and aptitude training helping grab first placement opportunity.
• Khimji Ramdas LLCminorStrategic or Co-development PartnerManager - Human Resource Subramanian noted pleasure in getting associated with VESIM for recruiting students and anticipating extended service for fulfilling manpower requirements in long run.
• RSB Insights Pvt. Ltd.minorStrategic or Co-development PartnerSr. Account Manager Sameer Dehadrai noted VESIM interns were very enthusiastic and high spirited performing LIVE project tasks going out of the way to delivery insightful summary report.
• Hiranandani GroupminorStrategic or Co-development PartnerGM Sales Sachin Bhatia noted VESIM students working at The Walk, Hiranandani Estate for promotion of Thane Properties doing great job meeting 5-7 clients daily with some conversion into Sales Leads.
• Bryte Skills AcademyminorStrategic or Co-development PartnerFounder Mandeep Bhagtana was particularly impressed with how well students were prepared and range of relevant questions asked during session contributing significantly to overall readiness and confidence.
• International Partner Universities (Europe, Australia, USA)coreStrategic or Co-development PartnerVESIM has signed MoUs with some of the best institutions around the world and established linkages with Universities and Institutions in Europe, Australia and USA. International Office plays important role in liaising with various internal departments to facilitate exchange of students/faculty/staff members.
• Seva Sahayog Foundation (SSF)minorStrategic or Co-development PartnerVESIM collaborates with Seva Sahayog Foundation for Sell-on Activity where first-year students support distribution of school kits to underprivileged children. 2025 fundraising totaled Rs 652,800 by batch 2024-26.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• International Management Institute (IMI) Delhi: Private Indian B-school offering PGDM/MBA-equivalent programs with comparable specialization structure and corporate relations emphasis. Comparable curriculum and recruiter base though based in Delhi.
• MIT School of Business (MIT-SOB), Pune: Private B-school in Western India offering MBA-equivalent programs with multiple specializations including Business Analytics. Comparable in scale, accreditation profile, and positioning as a private Indian B-school competing for similar applicants.
• KJ Somaiya Institute of Management: Mumbai-based private B-school offering MBA/MMS-equivalent programs affiliated to University of Mumbai. Competes directly with VESIM for Mumbai applicants, faculty, and recruiters; similar accreditation stack and Mumbai-only delivery model.
• Xavier's Institute of Management and Research (XIMR): Mumbai-based B-school affiliated to University of Mumbai offering MMS program. Closely comparable in size, structure, accreditation profile, and recruiter base, making it a direct competitor for Mumbai applicants.
• Sydenham Institute of Management Studies (SIMSR): Mumbai-based B-school affiliated to University of Mumbai delivering MMS program. Closely comparable in academic structure, location, and accreditation, making it a direct peer for applicants and recruiters.
• Welingkar Institute of Management Development and Research (WeSchool): Long-established Mumbai private B-school delivering MMS/MBA programs with similar specializations. Directly competes with VESIM in West Zone rankings and corporate recruiter engagement in Mumbai.
• Symbiosis Institute of Business Management (SIBM) Pune: Top-ranked private B-school offering MBA program with similar specialization breadth and recruiter engagement model. Comparable curriculum structure and corporate interface; competes with VESIM for West India applicants.

Broad incumbents

• SP Jain Institute of Management and Research (SPJIMR): Top-tier Mumbai B-school offering MBA-equivalent programs. Comparable in Mumbai geography and broad management curriculum but significantly larger and more prestigious; competes with VESIM for aspirational candidates and corporate recruiter slots.
• Narsee Monjee Institute of Management Studies (NMIMS) Mumbai: Large Mumbai-based deemed university with MBA programs. Comparable in Mumbai geography and management curriculum but with much broader scale, multiple specializations, and stronger national brand; competes with VESIM for top applicants.

Regional players

• Prin. L.N. Welingkar Institute of Management Development & Research (WeSchool) — second campus reference: Bengaluru campus of WeSchool serving South India with similar MMS/MBA-equivalent structure. Comparable offering and recruiter base; competes in adjacent geography rather than Mumbai proper.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/vesim_official
• Xx.com/VESIMspeaks

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vivekanand Education Society's Institute of Management Studies and Research (VESIM)