Bombay Management Association conferred Prin. L. N. Welingkar Institute of Management Development (WeSchool) with the ‘Outstanding Institute of Management of the Year’ award on its 35th Award Ceremony on June 14, 2013. Incepted in the year 1954, Bombay Management Association (BMA) is India's top, not for profit Management Association that aims at providing variant services to improve the standard of business management in India.

WeSchool is amongst the premium business Schools in India that is constantly trying to go beyond the realm of conventional education. Inventive and technology driven education while keeping design thinking and innovation as the prime focus has helped WeSchool to set a benchmark in management education. With the mission to build a ready to employ managerial talent pool with creative thinking and risk management ability, WeSchool has consistently worked towards delivering quality on par with the outside world and BMA has recognized this timeless contribution. 

Commenting on the occasion R Ramakrishnan, President, BMA said, “Education plays a crucial role in a nation’s upliftment and business management is essential for the growth of an economy. India needs educational institutes that impart business management skills which are relevant to today’s dynamic business environment and are determined to make a difference to the society. We are happy to present this award to WeSchool for their instrumental initiatives and projects that have empowered many students to realise their dreams. We wish them all success and offer our continued support for their future endeavours.”

Prof. Dr Uday Salunkhe, Group Director, WeSchool, said, “Today, there is a need for futuristic glocal leaders who can lead India towards absolute stature. To meet this demand, WeSchool has persistently tried to provide a complete package of innovative and tailor made course modules enunciating the need for values and ethics. Through world class faculty, result oriented teaching techniques and experiential learning we strive to bring out global leaders with a drive to work passionately in this rapidly evolving economic and social environment.”

WeSchool has also been previously honoured with the "BMA Outstanding Institute of Management of the Year Award" by Bombay Management Association in 2010 and 2004. 

The other awards given away by BMA today are Life Time achievement Award to Mr Keshub Mahindra, Chairman Emeritus Mahindra & Mahindra Group, Management Man of the Year to Mr N Chandrasekaran, CEO & MD, Tata Consultancy, Management Woman Achiever to Ms Kalpana Morparia, CEO, J P Morgan, Entrepreneur of the Year to Mr Jignesh Shah, Founder & Group Chairman, Financial Technologies Group, Outstanding Teacher of Management of the 

Year to Dr Samta Jain, IBS Mumbai, Outstanding Student of Management of the Year to Ms Ruth Serrao, Atharva Institute Management Studies and Best Chairman of BMA Committees to Mr Niteen Bhagwat, Chairman Marketing 20:20 Convention