The Rosario College of Management Studies is governed by the Catholic Boards of education which is popularly called as CBE. Catholic Board of Education is a society run by the Diocese of Mangalore. The bishop of Mangalore, Rt. Rev. Aloysius Paul D’ Souza is its president. He appoints the secretary to see to the management of the educational institutions that come under it.
In the 19th Century, the Christian Missionaries were running schools in the vicinity of every Parish in the Districts of South Canara, Udupi and Kasargod. These schools did not have common unified rules for communication either with the government or the public. It was a vision of the late Bishop Victor R. Fernandes, which brought all these schools into a federation under the name the Catholic Board of Education. The main intention of such a Board was to bring about the unity between the schools and the healthy relationship with the public and also with the government.
To produce men and women of moral integrity, to meet the challenges of life and especially Business, Industry, Service sector and to develop the Values, Skills and Attitudes that will enable them to help themselves and others.
The College is known for its discipline, deep moral respect, ethical values, Excellence in teaching, strong appreciation of cultures, religions which in turn help to build leadership qualities, entrepreneurship skills, self confidence, self motivation and develops positive attitude towards life and integrated personalities.