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Director's Message

Prof. Seema Mahajan

"If your thoughts & actions inspire others to 'Dream big' 'Learn More' 'Do More' and 'Become More' you are Leader"

Prof. Seema Mahajan, Director
- Pravin Dalal Centre for 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.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. It has been observed that:

  • Just 13% of the family businesses survive till the 3rd generation and only 4 percent go beyond the third generation.
  • One third of the business families disintegrate of generational conflict.

Since 1999, NMIMS School of Business Management - Centre of Family Business & Entrepreneurship Management, has conducted customised, focused programs for Family Business Owners & Entrepreneurs to help them address these issues & grow their business national & globally. We work closely with our students to understand their unique requirements & provide a learning experience which is practical & suited to their business needs. We look forward to continuing to add value to the lives of our students, thereby impacting the growth of the country.

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