The Department of Business Administration and Research was established as the first Post-Graduate Department of Shri Sant Gajanan Maharaj College of Engineering in the year 1994 to impart two year full time Post-Graduate Degree Course of Master of Business Administration (M.B.A.) with prior approval from All India Council for Technical Education, New Delhi and affiliation to Sant Gadge Baba Amravati University, Amravati, Maharashtra to meet the need for management education in rural India.
The think tank of this course consisted of Shri Mahatme, the then Personnel Manager, Hindustan Levers Ltd. (now Hindustan Unilevers Ltd.), Khamgaon, Shri Chandak, the then Vice-President of ECE Industries, New Delhi, Swami Jitatmananda, the then Secretary, Ramakrishna Mission and Math, Rajkot (one of the renowned and internationally acclaimed orators of management subjects), Late Swami Tattvajanananda, the then Principal, Community Polytechnic, Belur Math (and AICTE Advisory Member) and Dr. S. T. Deshmukh, the then Vice-Chancellor of Amravati University, Amravati (now Sant Gadge Baba Amaravati University - SGBAU) who having been impressed by the outstanding management of Shri Gajanan Maharaj Sansthan, the parent body of our college, under the stewardship of Shri Shivshankar S. Patil, the Chairman of Gajanan Shikshan Sanstha- the society that runs our college - wished the management practices of the Sansthan to enlighten the management course curriculum. The department thus became the only second institute under the affiliating university (and the first self-financing institute) to have started MBA course after the one by the university department itself in the year 1994.
The Department made its dent in the management education of the region causing shift of the traditionally run annual pattern MBA of the affiliating university to semester pattern and then went on to its individual run for quality management education with distinction for others in the region to imbibe. The qualitative attitude and students' centric approach coupled with industrial collaboration paid dividends to the department and its stakeholders which came in form of NBA Accreditations (first in 2002, second in 2007 and third time accreditation in 2013), NAAC Accreditations (first in 2002 and second in 2010), ISO Certification, Business India Best B-Schools Ranking (continuously since 2010), ranking amongst India's top 100 B-Schools by Career Outlook Survey continuously since 2015, Management College of the Year Award by Higher Education Review Magazine continuously for two years in 2016 and 2017, Dewang Mehta Education Leadership Award 2015 and 2016, ranking under Excellent Placement Category by Go-Education Survey and rankings by similar other national surveys including one by Business Today etc. Gold Medal awards to its students for their consistent performance in university examinations, their satisfactory placements in India and abroad and above all some of the outstanding entrepreneurial ventures established by our alumni. The march is on which has begun in small way through international exposures to our students from CEOs (like Dr. Vikram Pandit of Citibank, USA and Mr. Pradeep Andhare of FOTONS Ltd., China) and academicians (like Prof. Rajiv Lall of Harvard Business School, USA) and internalization of academic excellence parameters like research and publications, academic visits abroad, MoUs, intense industry-interaction, host of co-curricular activities and so on and so forth.