NL Dalmia Institute of Management Studies and Research was established in 1995 and is accredited by NBA and with A grade by NAAC. NL Dalmia Institute of Management Studies and Research is approved by AICTE, Indian Finance Association and AIU. NL Dalmia Institute of Management Studies & Research is a member of AACSB, AIMA, AIMS, BMA, CII, EFMD, IMCA and AMDISA and is ISO certified.

The college is located at Mira Road Mumbai, the college offers PGDM as its flagship course, PhD and other courses to the students. These courses are offered in Finance, Business Analytics and various other streams. Some courses are offered in affiliation with the University of Mumbai. NL Dalmia is ranked 23rd by The Times for MBA/PGDM, 13th by The Times under Private Universities-50 Universities category, and 78th by Business Today under MBA/PGDM category.

N.L. Dalmia admission to these programs are conducted every year and are offered on the basis of marks obtained in national level entrance examinations like CAT/XAT/CMAT/MAT.MH-CET. The institute aims to nurture, empower and enhance the skills of future business leaders by providing value-based quality education. The institute organizes various industrial visits which help in providing practical experience to the students.