The Swami Ramanand Teerth Marathwada University was established at Nanded by bi-furcating the Marathwada University, Aurangabad on 17th September 1994, the day on which in 1948 Hyderabad State was liberated from rule of the Nizam. Nanded is a district headquarters as well as a holy city situated on the banks of Godavari River in southeastern part of Maharashtra state.
Library:The School of Commerce and Management has a well equipped departmental library
for ready reference of the knowledge for the students. In addition the students have
access to the centralized library of the university which is amongst the biggest
libraries in the region. The library is accessed for the journals research publications
periodicals magazines etc. in addition to the regular reference books.