PRAVIN DALAL SCHOOL OF ENTREPRENEURSHIP & FAMILY BUSINESS MANAGEMENT
Family owned businesses have played a crucial role in the economy of most countries. Much of the retail trade, the small scale industry, and the service sector are run by family businesses. Further, family managed businesses employ half the world’s workforce and generate well over half of the world’s GDP. With time, the contribution of family businesses has gone beyond simply paying taxes and employing people. Most of the business families face unique management challenges because of the difference in the attitude and aspiration of family members. As new generations join the business, it is an enormous challenge to keep the family and business together.
"On Jan 6, 2017, the School received a generous endowment from Mr. Nayan Dalal of The Dalal Family Foundation (USA), in honor of his father Shri Pravin Dalal who is a successful businessman and an active social worker. In recognition of the endowment extended, the School is renamed as the ‘PRAVIN DALAL SCHOOL FOR ENTREPRENEURSHIP & FAMILY BUSINESS MANAGEMENT’.”
PRAVIN DALAL SCHOOL OF ENTREPRENEURSHIP & FAMILY BUSINESS MANAGEMENT was established to assist family owned firms to be in line with professional organizations. Being pioneers in the segment for more than a decade we understand the emerging needs of family run businesses in the growth and emergence of India as a strong nation. With an Alumni base of 6000 plus entrepreneurs from a family business background, in the last 21 years the School has taken serious initiatives and has developed expertise in Family Business and Entrepreneurship Management. The School focuses on understanding and respecting each culture and values system existing in Indian markets and brings in transformation by becoming a part of the family thereby actually doing mentoring and handholding.
The focus of the courses offered at the School, ranging from 32 weeks going to 2 years full time MBA and Integrated MBA (5 years) post 12th , remains on deeply understanding and appropriately delivering to Indian Family Businesses a strategic path to transform and grow their business while they play an important role in India’s growth, The school has also introduce MBA (Entrepreneurship) which is a 2 years full time course focuses on one who has innovative ideas and want to start their own business. In the year 2021, School has launched Bachelor of Business Management & Marketing (BBMM) (3 years) post 12th. This Program includes intensive applied business training with an emphasis on marketing management, as well as new and emerging media and marketing analytics.
To provide holistic and relevant information to our students, the focus is on understanding and discussing each sector, its multidimensional applicability, characteristics, survivability, proposed growth and challenges in a growing economy like India and in the global environment. Courses and initiatives undertaken at the Centre acquaint students with possible growth through Joint Ventures and Foreign collaborations. International exposure and linkages are established keeping in mind the student's objectives of global expansion and possible collaborations in the International arena.
Achievements
- Recognized as "The 2020 Innovation that Inspires” by AACSB (Accreditation)
- Ranked 96th "Best Entrepreneurship" Masters world wide- Eduniversal Rankings.
- Only Program mentioned in the McKinsey Report "The Power of Many" - Realizing the socio economic potential of entrepreneurs in the 21st century released at the G-20 Young Entrepreneurs Summit in Paris.
Strengths
- Pioneers in Family Business & Entrepreneurship Programs with a deep understanding of Indian & internationally run family owned businesses
- Award winning programs
- World Class technologically equipped campus
- Strong Alumni network of Entrepreneurs across leading to strong mentoring process
- A track record of students who have successfully lead change in their respective businesses
Admission Open
BACHELOR OF BUSINESS MANAGEMENT & MARKETING (BBMM)
Integrated MBA (Entrepreneurship and Family Business)
MBA (Entrepreneurship & Family Business)
MBA (Entrepreneurship)
WEEKEND FAMILY MANAGED BUSINESS ADMINISTRATION PROGRAMME (FMBA)
News & Events
Convocation 2021
Guest sessions 2022
MBA ( E&FB) International study tour 2022
BBMM Inauguration Schedule for 16th August 2022
Participation at 10th IMC Conclave, New Delhi
IMBA Inauguration Schedule 2023-24
BBMM Inauguration Schedule 2023-24
Alumni Speak
My personal experience during this program has been more than overwhelming. It was never about "let’s just finish this master’s and run back home”, but every time everything we did was with lots of fun and learning.
The NMIMS’s MBA E&FB program has a vast curriculum. From regular classes to guest lectures, conversation series, assignments and study tours – all were exclusive and specially-designed keeping in mind Family Business Owners perspective. Guest lectures and Conversation Series are sessions where we have evolved – from learning the bookish knowledge to understanding the competitive industry from experts – whilst sitting in the classroom.
Aayushman Bajaj
Batch of 2017 - 2019
Upon completing my graduation and having worked in the United States, I decided I wanted to pursue Masters in Business Administration in India to understand the Indian Business World as I had decided to join my family business with a modern outlook. NMIMS Entrepreneurship and Family Business program with its excellent professors as well as the world class infrastructure is what at first lured me to the program. The program being ranked 96th worldwide and the only program to be recognized by McKinsey coupled with the teaching methodologies as well as the International Visit abroad, inculcated into the program to provide hands on learning, further led me to pursue the MBA Entrepreneurship and Family Business Program at NMIMS.
Arjun Kedia
Batch of 2017 - 2019
NMIMS is a feeling, a feeling that is difficult to express in words. These two years in NMIMS has not only transformed me into a person I always wanted to be, but has also helped me to grow and make decisions out of my comfort zone.
It is not only about the curriculum that E&FB has but the exposure and the knowledge they impart which is out of the box. This course takes care of the minute details in grooming us to become what we are today. From guest lectures, to industrial visits to the various events held in college, this course has taken out the best in me every time. This course has taught all of us that it is not about the empires that we possess, it is about how wisely we make it run to its extreme potential and I, as a businessman, think that its true in every aspect.
NMIMS will always be an integral part of my success in the upcoming years ahead. It's been a memorable journey and has prepared me for the next phase of my life with a lot of enthusiasm and positivity.
Hardik Thacker
Batch of 2017 - 2019
Of-course, even I had dreamt of pursuing an MBA degree. Coming from a family business background, I knew that NMIMS' MBA Entrepreneurship and Family Business Management program was the apt course (to give the required push to sculpt that professional alignment), I was looking for in shaping the future of our family business.
The two years extensive MBA E&FB programme ensures to impart a holistic view of the business world changing your cognitive perspectives. The learnings from this course in true sense helps to efficiently remould the operational dynamics of a family run business. The highly qualified and experienced faculty creates all the more difference in shaping you as a professional. More so to mention that every subject is handcrafted and updated as per the changing times.
Appraising this course would be the benefit it gave me in stacking up myself over my own expectations and my peers. The strategic blend of academics and practical application of the same creates an absolute experiential learning environment. I did give this course that critical examination which it demanded (and commanded) before enrolling for it and I can proudly express the value this course has provided in shaping a better me.
I would say, "If entrepreneurship is your forte' and business runs in your veins - be ensured that MBA E&FB is the place to be!"
RUDRA
Batch of 2017 - 2019
The Anthologists - Research Initiative
Business Dilemma Series 1
Professionalising Family Business Series 2
Arjun Kedia
Rudrapriya Saha
Smeet Sheth
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