PRR Institute of Management Science has been established under Sri Balaji Educational Society, Gooty for the academic year 2008-2009. Dr. Palle Raghunatha Reddy garu, former Minister in the Govt of A.P and a recipient of 10 national service awards, is the founder and Correspondent of this prestigious educational Society. Being an academician himself, and with the motto of providing unmatched and quality educational to the students of Gooty.
Presently PRR Institute of Management PG College is running other advanced courses, it is recognised/affiliated as one of the colleges under the esteemed S.K. University.