10M.S. Patel Institute of Management Studies, popularly known as Faculty of Management Studies, FMS – B, The Maharaja Sayajirao University of Baroda, was established in July 1984 to make a distinct contribution for the advancement of management education and research in the city of Vadodara. It is run under the aegis of The Maharaja Sayajirao University of Baroda. The courses offered 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.

The Faculty of Management Studies, Baroda is situated in a region, which is at the forefront of business development activities. During the past two decades, it has seen the emergence  of numerous industrial complexes including large public and private sector units. This environment  is highly  conducive  for the development  of advanced management education that FMS-B caters to the managerial  needs of the Industry.