Mumbai’s Narsee Monjee Institute of Management Studies (NMIMS) will set up an NCR campus off the Yamuna Expressway.

The Yamuna Expressway Industrial Development Authority (YEIDA) has allotted 27.5 acres to the 40-year-old management institute in Sector 22E. The institute is most likely to start enrolling students from 2024, the year the Jewar airport is also slated to be launched.

This is the second prestigious B-school to announce a campus in NCR this year after IIM-Rohtak, which has decided to open a centre in Gurgaon. “We finalised the lease on Thursday.

It is a 27.5 acre plot in YEIDA’s Sector 22E. Narsee Monjee is counted among the prestigious B-Schools of the country and we are hopeful that by bringing the institute close to NCR, it would serve the purpose of local students and help them access high-quality management education,” said Arun Vir Singh, the CEO of YEIDA.

NMIMS said its large student base in north India prompted it to start a campus in the Noida region. “Over 50% of our enrollments on the Mumbai campus are from north India. So, we decided to open a campus in the Noida region because that would cater to the student-base in the north. We have signed the land deal and construction will start after we are handed the plot,” said Amrish Patel, president of NMIMS.

“We will not start enrollments in large numbers, but only with a few hundred intakes. We will build a full facility in a few years. All our branches of studies will be offered in the future from the campus here,” he added.

NMIMS was set up in 1981 at Vile Parle in Mumbai. It is deemed to be a university and offers multiple disciplines through its 17 specialised schools. It has more than 17,000 students and about 750 faculty members.

The NMIMS management is looking at 2024 to open the institute as it will coincide with the launch of the Noida International Airport. “The government is also focused on 2024 for all-round development of the area. That is when the Noida airport is likely to start. We want to open the doors of our institute at that time as the YEIDA area will have become much more developed by then,” said Jagdish B. Parikh, the joint treasurer of NMIMS.

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