As a minority institution, Stella Maris College has its own Management Committee comprising the Vice President of the FMM, the Secretary of the College, the Principal, two religious staff and the Bursar.

The Management Committee is a planning and policy making body which meets periodically to plan policies relating to admissions, academic programmes, recruitment of staff and infrastructure development. The Committee also reviews and evaluates the academic progress, administrative processes and all matters related to co-curricular, extra-curricular and extension activities of the College.

The statutory bodies of the College are the Governing Body, the Academic Council, the Boards of Studies and the Finance Committee.