AACSB recognizes the Pravin Dalal School of Entrepreneurship & Family Business Management for “AACSB 2020 Innovations That Inspire Challenge”.


Mumbai : 24 April 2020

AACSB International (The Association to Advance Collegiate Schools of Business) based out of Tampa Florida USA, the world’s premier accreditation agency for business education globally has recognised and awarded ‘AACSB 2020 Innovations That Inspire Challenge’ to SVKM’s NMIMS Pravin Dalal School of Entrepreneurship & Family Business Management (SBM’s initiative). This award is accorded for recognising the School’s innovative ways of engaging with the stakeholders and bringing in their effective involvement and perspective in building the Entrepreneur and Family Business Program of the School. The School joins the prestigious fraternity of business schools worldwide like Case Western Reserve University, Weatherhead School of Management, Kellogg School of Management, and Arizona State University, W.P. Carey School of Business.

The Program has carved out a niche space in the education sector by engaging with and being closely associated and becoming an integral part of their businesses and their families, says Prof. Seema Mahajan, Director of the School. During the last two decades, the School with the support and active engagement of stakeholders has strengthened the Program and emerged as the leader in the entrepreneurship and family business education domain. Prof Mahajan further adds that the School focuses on understanding the culture and value system of each family and then mentoring the GenNext to bring in transformation, diversification, and expansions and creation of New Venture.

The School started its journey as being part of the School of Business Management in 1999. The School, led by Prof Seema Mahajan, has developed a deep-rooted understanding of the said sector. We are very proud of the School receiving the AACSB award.

The School with an Alumni base of 4000 plus spread across national and international markets and 400 plus entrepreneurs having businesses with revenue ranging from 30 Cr. to 3500 Cr. has emerged a leader in its own space and now as an independent School of the University. The School offers the following programs:

MBA: Entrepreneurship & Family Business Management (Full-Time 2 years)

MBA: Entrepreneurship (Full-Time 2 year’s with incubation)

I-MBA: Five years post 12th Schooling

Weekend FMBA: 32 weekends


The Association of Advance Collegiate Schools of Business (AACSB) is a global non-profit association that connects educators, students, and businesses to achieve a common goal: to create the next generation of great leaders. AACSB is synonymous with the highest standards of excellence since 1916.

About NMIMS University

In 1981, Shri Vile Parle Kelavani Mandal (SVKM) established the Narsee Monjee Institute of Management Studies (NMIMS) to meet the growing demand for management education. With the legacy of 39 years, NMIMS has grown to be not only one of the top-10 B-schools in India but also emerged as a multi-disciplinary, multi-campus University with 8 Campuses, 17 Schools and 9 Centres of Excellence. PDSE&FBM is one of the Schools which has developed expertise in Family Business and Entrepreneurship Management. The School has adopted an innovative methodology that involves building and strengthening academic initiatives, faculty orientation, parental involvement, alumni network participation, and optimum use of inter-school capabilities.