The objective behind formation of Centre of Excellence is 2 fold -One to give special focus to these areas and  two, to provide special developmental interventions to the students and faculty in these sectors/ domains.

The four areas are:

1. Banking and Finance: Mumbai happens to be the financial hub of the country and students find immense job opportunities in this sector (BFSI). Under the banner of this center, SIESSBS regularly conducts special certification programs for students to enhance their employability. These programs are facilitated by external experts from industry.

2. NGO & CSR: The institute has a special focus on making students socially responsible and there are several initiatives under this area. SAHAYOG committee forms a base to drive the various activities under this center with a clear focus of helping the society.

3. Entrepreneurship: The job of business schools today has shifted to a significant extent from creating mere managers to developing entrepreneurial spirit among students. Though the reality remains that many students will not become entrepreneurs immediately after graduation, the seed sown at the college will possibly make them think seriously about entrepreneurship at some point in time. This center conducts several programs / workshops including Ideathon.

4. Operations: In the value chain of business enterprises, the aspects of operations & supply chain have become crucial. As India aims to become the manufacturing hub on a global scale. This will assure and open up substantive job opportunities going forward.  Under the aegis of this center, the institute conducts several specialized programs like Six Sigma (in partnership with KPMG), Binary Labs., etc. to focus on skill development of students and faculty.