Nagar Yuwak Shikshan Sanstha, under the Chairmanship of Hon'ble Shri Dattaji Meghe, Member of Parliament, established the NYSS Institute of Management & Research in 1994. 
The Institute exclusively offers the Master of Business Administration (MBA) programme approved by the All India Council for Technical Education (AICTE) and affiliated to Rashtrasant Tukadoji Maharaj Nagpur University.. It is designed to grow as a centre of excellence in management education in this part of the country. It strives to provide better educational aids and, through practical approaches, maintain a creative atmosphere for management studies.
It focuses on the developmental needs of individuals aspiring to be future managers. Those already in business or profession, are assisted in upgrading their managerial skills.

"To provide education by which charactrer is built, strength of mind is increased, the intellect in sharpened, and by which one can stand on one's own feet."

"To excel as a leading global professional training institute to provide well trained professionals to the industry and contribute to nation building through social, economic and technological development of the society."