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RIMS provides MBA degree from Annamalai University that is Tamilnadu State University, but as per UGC norms no college can provide regular degree outside of its state. So, it'll be distance MBA. If you go through Annamalai University website, it'll be clear to you and you can find the name of RIMS on DDE Potral. If you click step by step.
Visit Annamalai University website and then click on Distance Education tab. After that, you will find management wings tab and if you click on the management in marketing or any specialization, one page will open and you can find your Directorate of Distance Education page where at the end of the page you can see the link of Collaborative Partner 2019-2020 and on the 6th rank you can find RIMS.

Hi there!
Yes, Lateral Entry possible. For 2nd Year Lateral Entry: - B.Tech (Naval Architecture & Ocean Engineering) candidates with 60% marks in 4-year Diploma in Ship Building Engineering from the Institute of Ship Building Technology, Goa (or); 3-year Diploma in Naval Architecture and Offshore Engineering from the AMET University, Chennai. Or, 3-year Diploma in Mechanical Engineering/Civil Engineering from any Institute approved by AICTE and a minimum of 50% marks in English subject in class 10th/12th Exam. The candidate should have completed the Diploma within its stipulated duration of 4 years or 3 years as the case may be. For 3rd Year Lateral Entry: - 3rd Year B.Tech (Naval Architecture & Ocean Engineering). B.Sc. (Ship-building and Repair) with at least 60% marks overall and a minimum of 50% marks in English subject in class 10th/12th Examination. The candidate should have completed the degree within the stipulated period of 3 years. Thank you.