Professor Mahajan, a Founding Director of the Pravin Dalal School of Entrepreneurship & Family Business Management, has played a pivotal role in its development. Under her guidance, the School has flourished and expanded, offering a range of full-time graduate and undergraduate programs. The school boasts over 6000 accomplished alumni who have become successful entrepreneurs and contributors to India’s growth. The institution has gained national and international recognition, consistently securing top rankings for nurturing entrepreneurship and fostering self-reliance in India over the past two decades.

Renowned as a pioneer in the field of family-run businesses and entrepreneurship education, Professor Mahajan’s deep-rooted understanding and significant contributions have garnered acclaim both nationally and internationally. Her expertise and insights have been acknowledged and respected in various forums, where she has highlighted the importance of transitioning family-run businesses into professionally managed entities. Professor Mahajan has served as an advisor and mentor to over 400 companies, playing a crucial role in their growth stories.

As an acknowledgement of her remarkable achievements, Professor Mahajan has been the recipient of several awards, including the “10 Most Influential Women Leader in Indian Education” and a Gold Medal for nurturing family businesses in India, conferred by the former Honourable President of India, Shri Pranab Mukherjee. She actively contributes to various academic and non-academic boards and is a frequent speaker at conferences and seminars. Professor Mahajan’s unique and innovative thinking has garnered attention from reputed magazines and newspapers, earning her widespread recognition.

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The Pravin Dalal School of Entrepreneurship & Family Business Management supports and empowers family-owned firms to thrive alongside professional organizations. With over a decade of expertise in family business and entrepreneurship management, the School understands the evolving needs of Indian family-run businesses in the country’s growth journey.

On the occasion of the convocation, Prof. Seema Mahajan, Director of PDSE&FBM, stated, “Today, as our graduates step into the dynamic world of the Indian economy, they carry with them the essence of Indianness, poised to contribute to the success story of our vigorously growing market and iconoclastic brand. Our students, equipped with professionally acquired skill sets, critical thinking abilities, and industry-based learning, are ready to embrace the challenges of this fast-paced market. In the PDSE&FBM, we nurture professionalism while instilling values that promote a just society and foster social and economic equity.”

Holistic programs equip students with strategic insights to transform and expand their businesses while respecting diverse cultures and values. With a focus on international exposure and a strong alumni network, the School fosters innovation, collaboration, and impactful change in the business landscape. The School is committed to shaping the next generation of entrepreneurs who will contribute to India’s socio-economic progress.

Addressing the gathering, Chief Guest Shri Savji Dholakia, Founder and Chairman of Hari Krishna Exports Pvt. Ltd said, “Today is a momentous occasion for all of you, a day filled with pride and accomplishment. As you stand here, receiving your degrees from this prestigious institution, let me share with you the five sutras that have guided me on my own journey to success. First is ‘I am the best’- strive to be the best in everything you do. Second, ‘I can do it’- embrace the belief that nothing is impossible, and let your dreams fuel your determination. Third, God is always with you’ – remember that God’s presence is with you, guiding and supporting you. Fourth, ‘I am a winner’ – never let setbacks define you; rise again and again, for you are destined to be a winner. And finally, ‘Today is a new day’- treasure each new day as an opportunity for growth and achievement. With these sutras, you have the power to shape your destiny and make a lasting impact in the world. Congratulations, graduates, on this remarkable milestone.”

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The symposium featured keynote speeches by senior academicians from premium B Schools, CII YI senior members, Industry experts and practicing entrepreneurs including Dr. Rahul Mirchandani, an alumnus of the institute and a B20 Steering Committee Member, who discussed the role of Young India (YI) in the G20 Young Entrepreneurs Alliance and the importance of creating a robust entrepreneurship ecosystem. He highlighted his personal experience with YI and his involvement in the organisation’s various initiatives and projects, including the G20 Entrepreneur Alliance and the Commonwealth Alliance which he founded. Mr. Mitanshu, YI Chair Mumbai Chapter further elaborated on the same.

Dr. Ramesh Bhat, Vice-Chancellor, NMIMS, said, “The symposium provided a productive discussion and an opportunity to address the challenges and issues faced in the entrepreneurship sector. I am particularly pleased with the focus on family businesses, which is a topic close to my heart, and the difficulties they face in raising finances. The rapidly changing landscape of technology and global events presents unique challenges for the business sector. As young entrepreneurs and business leaders navigate this landscape, it is crucial for them to focus on social inclusivity and economic upliftment.”

Prof. Seema Mahajan, Director, Pravin Dalal School of Entrepreneurship & Family Business Management, said, “Our objective is to make students officially aware of working methodological practices and ensure they become an immediate part of the organisation through our green belt project. We are committed to preparing our students to be able to respond to potential pandemics and conflicts. Our School is taking all the initiatives ensuring that entrepreneurs need to focus on sustainability along with business profits and develop inclusive growth strategies.

She further added “with her colleagues Dr Beena Nair, and the YI team they will soon be ready with an Action plan.”

In conclusion, the PDSE Symposium was a valuable platform for entrepreneurs, senior Academicians, from premium schools and business leaders to come together. They also shared their experiences and knowledge, and to discuss the ways in which they can work together to support India’s G20 leadership.

About Pravin Dalal School of Entrepreneurship`& Family Business Management

PDSE&FBM was established to assist family-owned firms to be in line with professional organisations. 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 22 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.

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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

About AACSB

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.

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Dr. Ramesh Bhat – Provost, Management Education & Dean-School of Business Management, Prof. Seema Mahajan – Director, Pravin Dalal School of Entrepreneurship & Family Business Management and faculty members along with the guests were present during the event. Dr. Bhat and Prof. Mahajan launched the magazine FILIA-3.0.

This year eminent speakers and panelists deliberated on the theme ‘Start-up vs Family Business Management’. Guests from diverse fraternities discussed contemporary issues in start-ups and entrepreneurship that revolved around branding of new & traditional products, scaling family businesses in real estate, technology and manufacturing space, scope & challenges of start-ups in social entrepreneurship, experiments in non-contemporary business avenues such as health & nutrition start-ups and designer merchandising. The panel was moderated by Mr. R Raj Kaushal – Writer, Director & Producer.

The day ended with a live band performance and celebration by the School.

Image Gallery of Event

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The day ended with a live band performance and celebration by the School.

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