M. S. Patel Institute of Management Studies, popularly known as FMS-Baroda, was established in July 1984 to make a distinct contribution to advanced management education and research in the city of Vadodara. It's run by The Maharaja Sayajirao University of Baroda (MSU). The courses are approved by All India Council for Technical Education (AICTE). The Faculty aims to develop itself into a centre for quality management education, known for its contribution to the development of Business Leadership and Corporate Excellence.