B.N.M Educational Institutions was established by the trust Bhageerathi Bai Narayana Rao Maanay Charities in the year 1972. The Managing Trustee Shri. N. Raghunath Rao Maanay along with Prof. Sunanda P Jadhav the founder Secretary and Principal founded the institution with a focused vision to impart value based quality education irrespective of social, financial or religious status.
MBA programme under VTU aims to equip students with necessary knowledge and managerial skills to occupy positions of management and administration in business, industry, public system and the government. The course helps students to understand business management concepts and their applications to domestic and global business setting. It helps to identify customer needs and to participate in the process of developing products and services to meet their requirements. The programme provides a right mix of managerial and business exposure to function effectively in various domains of management.