SVKM’s Narsee Monjee Institute of Management Studies (NMIMS) was started in 1981. It was declared as a Deemed-to-be University in 2003. It ranks among the top ten management institutes of our country. NMIMS has a strong commitment to influence the quality of management in profit and non-profit organisations. The Institute believes that social responsibility is a key contributor to progress and that the principles and techniques of management are applicable to both corporate sector and non-government organisations.

With the establishment of its Rotary Club of Bombay West Chair in Management of Non-Profit Organisations in 1991, NMIMS became one of the earliest institutions in this country to develop training in the area of social sector. With the collaboration of the Rotary Club of Bombay West, the Institute has conducted short-term courses, certificate programs and ‘Diploma Programs in Management of Voluntary Service Organisations’.

Over the years, we have observed that the environment in the social sector has changed to a large extent. Community needs are growing in size and diversity. Organisations are facing a financial crunch because traditional forms of funding are becoming smaller and less reliable. More nonprofits are competing for government and philanthropic funds. Funders and donors are demanding more accountability. Societies are searching for innovative and efficient ways to provide socially important goods in health, education, social services, environment and community development. With the emergence and growth of cross sector partnerships, there is a growing realization that there is a way to combine the very best of the not-for-profit, philanthropic world with the very best of the for-profit, enterprising world. This hybrid is the wave of the future for both profit and nonprofit organisations. In the face of this new reality, an increasing number of forward-looking non-profits/NGOs are beginning to appreciate the increased revenue, focus and effectiveness that can come from adopting ‘for profit’ business approaches. Increasingly, they are reinventing themselves as social entrepreneurs, combining “the passion of a social mission with an image of business-like discipline, innovation, and determination.