In the field of management education, IMS boasts of being one of the oldest institutions in India, providing a platform for students to further their careers. At a time when management education in India had neither popularity nor significance, unlike in developed countries, Professor N.R. Rane realized the importance of such an education. With the limited technological resources available at the time, Prof Rane started correspondence training courses for various management entrance examinations to Indian business schools, and was the ambassador for the MBA degree and its opportunities in India. It was because of IMS’s efforts that awareness about the MBA came to the masses. Instead of the MBA being an obscure, little-heard of field of study in India, IMS turned it into a dream education for the majority.