K.J Somaiya Institute of Management Studies and Research is located in Mumbai. The college is popularly known as SIMSR, and is ranked among the top 15 business schools in India. Padmabhushan (Late) Shri Karamshibhai Jethabhai Somaiya, an entrepreneur and philanthropist, established Somaiya VidyaVihar in 1959, with a vision to serve the educational needs of the society at an affordable cost. Somaiya Vidyavihar, spread over 72 acres (290,000 m) of green land, is home to various faculties such as Management, Engineering, Humanities, Science, Commerce, Biotechnology, Information Technology, Journalism & Mass Communication, Linguistics and Religion. A a part of this campus K.J. Somaiya Institute of Management Studies and Research was established in 1981 to serve the needs of management and research Shri K. J. Somaiya believed that independent India should provide equal educational opportunities to every eligible Indian. A man of great foresight, he founded the Somaiya Vidyavihar, which today is a mini university comprising 33 educational institutions in the heart of Mumbai, 2500 teaching / non-teaching staff and catering to the needs of nearly 25000 students.