Som-Lalit Education and Research Foundation is a trust registered under the Societies Act. The academic activities under the aegis of this Trust commenced from August 12, 1996. At present following programs are offered by various institutes of this Trust:
Som-Lalit Institute of Management Studies (SLIMS) which offers 2 years full time / 3 years part-time Post Graduate Programme leading to the degree of PGDBM (Post Graduate Diploma in Business Management) approved by AICTE.
Som-Lalit Institute of Business Management (SLIBM) which offers 2 years full time Post Graduate Programme leading to the degree of MBA (Master in Business Administration) approved by AICTE and affiliated to Gujarat Technological University.