Rajarshi Shahu Institute of Management was established in 1997. It trains students for Master of Business Administration of Dr. Babasaheb Ambedkar Marathwada University and is recognized by A.I.C.T.E. Govt. of India and Govt. of Maharashtra. It is well equipped with state of art computer lab. The latest teaching aids and library to support the able and experienced teaching faculty. Professional practioners and managers from well known companies engage classes and share their experience with the students. Many well established industries in Aurangabad as well as outside Aurangabad Contribute to the training program.