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About SBM
The School of Business Management (SBM) of the SVKM’s NMIMS Deemed-to-be University has long been a leader in management education. Apart from offering various programs for students, the School also offers executive education programs for working professionals, who want to make the key transition in their lives. The Dean is the operational head of SBM. Along with his faculty team he decides the goals, strategic operations and plan of action for the school, keeping in mind the overall vision, mission and goals of the university. He is supported by Heads of Departments (HoDs) and Chairpersons for various areas, together with the Course Coordinators for the smooth running of various programs. The Dean is responsible for all academic matters like, building a learning climate, students’ learning and development, curriculum development, faculty selection, assessment and development and program delivery. Besides, he also leads placement of the graduates, development of research, executive education, international linkages, creation of brand image and other quality measures for the SBM. The Dean is a member of all the statutory committees of the University. Each teaching area has a Board of Studies headed by its HoDs or Chairperson. It comprises of members from the industry and academia. The objectives of these boards are to review the curriculum and syllabus, suggest courses, text books and other measures to meet the demands of students, industry and other stakeholders. Faculty members esteemed in their respective fields for their knowledge, industry interaction, research and consulting are constantly engaged in knowledge creation and seek to expand horizons by participating in seminars and conferences both national and international. They are actively engaged in training and consultancy projects for companies in different functional areas on an ongoing basis. The changing business environment and economic realities necessitate that academia respond to these changes with new knowledge created through innovations and research. The SBM has always been proactive in improving partnership with the industry through research and projects and has regularly undertaken conceptual and applied research. Mission To impart quality management education in a learner-centric environment equipped with state-of-the-art infrastructure; to raise the bar of the learning experience through world class curriculum and pedagogy; to contribute to knowledge creation through research and consultancy while infusing a spirit of entrepreneurship among participants. To promote the development of a ‘global’ perspective, thereby creating a synergy between the global outlook and Indians ethos, and to develop a cadre of socially responsive managers, endowed with analytical skills and decision making abilities; to ensure global access of our learning resources through an outreach program, thus generating a pool of employable youth. History The year 1981 saw the opening up of the Management Education System in Mumbai with the decision of the University of Mumbai to allow new management Institutes to be set up. The pressing demand for management education, coupled with a keen sense of social commitment on the part of SVKM led to the birth of Narsee Monjee Institute of Management Studies named after the intrepid entrepreneur the Late Shri. Narsee Monjee. Over the years it has evolved as a citadel of management thought and learning. MAJOR DEVELOPMENTS POST DEEMED UNIVERSITY STATUS
NMIMS has also been awarded by the Golden Peacock National Training Award for the year 2011
Overview The School of Business Management (SBM) of the SVKM’s NMIMS Deemed-to-be University has long been a leader in management education. Apart from offering various programs for students, the School also offers executive education programs mapedir training working professionals, who want to make the key transition in their lives. The Dean is the operational head of SBM. Along with his faculty team he decides the goals, strategic operations and plan of action for the school, keeping in mind the overall vision, mission and goals of the university. He is supported by Heads of Departments (HoDs) and Chairpersons for various areas, together with the Course Coordinators for the smooth running of various programs. The Dean is responsible for all academic matters like, building a learning climate, students’ learning and development, curriculum development, faculty selection, assessment and development and program delivery. Besides, he also leads placement of the graduates, development of research, executive education, international linkages, creation of brand image and other quality measures for the SBM. The Dean is a member of all the statutory committees of the University. Each teaching area has a Board of Studies headed by its HoDs or Chairperson. It comprises of members from the industry and academia. The objectives of these boards are to review the curriculum and syllabus, suggest courses, text books and other measures to meet the demands of students, industry and other stakeholders. Faculty members esteemed in their respective fields for their knowledge, industry interaction, research and consulting are constantly engaged in knowledge creation and seek to expand horizons by participating in seminars and conferences both national and international. They are actively engaged in training and consultancy projects for companies in different functional areas on an ongoing basis. The changing business environment and economic realities necessitate that academia respond to these changes with new knowledge created through innovations and research. The SBM has always been proactive in improving partnership with the industry through research and projects and has regularly undertaken conceptual and applied research. Dean Name:Debashis Sanyal Designation: Dean-School of Business Management Qualification: Ph. D (Finance), ICWA, DIM, M. Com. Future Initiatives It has been a long and fruitful journey for NMIMS punctuated with many milestones and memorable moments. Over the years, the University has taken centre stage in the field of management education. The University is moving towards the concept of a globalised centre of learning and aims to provide to its students a balanced exposure of research, academics and practical aspects of the industry. Internationalization of Indian higher education has brought out new opportunities for maintaining quality in terms of teaching, research, curriculum design, pedagogy, faculty development and students’ progression. The focus now is on internationalization of the Schools with faculty, student and other exchange programs with renowned international institutions. In order to meet the stringent standards of international education, the process for international accreditation from the leading accrediting agencies like AACSB, EQUIS, AMBA, etc., is on. Keeping in view NMIMS’ commitment to social development, an off centre campus has been set up at Shirpur, a tribal area in Maharashtra adjoining the states of Madhya Pradesh and Gujarat. This campus offers programs under the Mukesh Patel School of Technology Management & Engineering and School of Pharmacy and Technology Management. The Government of Andhra Pradesh has allocated a 90 acres plot at Jadcherla, Hyderabad (40 kms from the airport) for setting up a campus equipped with state-of-the-art infrastructure. As a University we are now committed to:
Awards & Achievements ACCREDITATION OR RECOGNITION BY NATIONAL AND/OR INTERNATIONAL AGENCIES: The school is nationally accredited by the National Assessment and Accreditation Council (NAAC). In 2000 it was given its highest ranking of Five Star, and thereafter re-accredited in 2007 at the ‘A’ level. (It is worth mentioning here that NAAC is an autonomous accrediting agency under UGC, and the total number of nationally accredited universities in India is 140 only. Of them, only 25 have been awarded A and above). Following is an additional list of accreditation and recognition of SBM
In 1988-89 & 1989-90 NMIMS won the coveted ‘Taj Rolling Trophy’ organized by the Indian Hotels Company Ltd for the second consecutive year. The Bombay Management Association awarded NMIMS the Best Management Institute of the year for consecutive 3 years 2000-01,2002-03 & 2004-05 Social Enterprise Cell SVKM’s NMIMS Deemed-to-be University has a strong commitment to influence the quality of management in profit and non-profit organisations. The Deemed-to-be University believes that social responsibility is a key contributor to progress and that the principles and techniques of management are applicable to both the corporate sector and voluntary service organisations. With the establishment of its Rotary Club of Bombay West Chair in Management of Non-Profit Organisations in 1991, NMIMS became one of the earliest institutions in this country to develop training in the voluntary sector. With the collaboration of the Rotary Club of Bombay West, the Institute conducted short-term courses in the areas of management of NGOs, and designed a Certificate Program in Management of Voluntary Service Organisation, which was subsequently upgraded to a Diploma program in 2004. To promote entrepreneurship among women, a 12 week program in Enterprise Training for Women is being offered since 1992. To address issues of social responsibilities of business, social entrepreneurship and to strengthen the management perspective in the social sector, regular conferences and short-term programs in the areas of micro finance, micro insurance and marketing of rural products are consistently organised. To institutionalise its social commitment the NMIMS instituted the ‘Social Enterprise Cell’ on 1st January, 2005, with the vision of sensitising the students, faculty members, alumni, corporates and human service organisations to continuously respond to the changing social realities through the development and application of knowledge for creating a sustainable society that protects and promotes the dignity, equality, social justice and human rights for all. As a catalyst and innovator, the Cell’s mission is to create a new generation of business leaders and social entrepreneurs who are knowledgeable about and are committed to create a sustainable society. The Cell’s objectives serve as a bridge between academia, the corporate world and the civil society organisations. The research, as well as the teaching strengths combined with the experiential learning approach and guiding principles of the Cell, connect sustainability-focused knowledge and research to students, businesses and civil society organisations. The Social Enterprise Cell’s work is spread over five broad areas:
Entrepreneurship & Family Business 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. In the United States, 24 million family businesses employ 62 percent of the workforce and account for 64 percent of the GDP. In India, it is estimated that 95 percent of the registered firms are family businesses. 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. It has been observed that:
However the close knit structure of families which foster teamwork combined with respect to family values and family elders, has been the key to success of many family businesses. The MBA (Entrepreneurship & Family Business) program was developed to assist family owned firms to be in line with professional organizations. Differentiating factors The differentiating factor here is that, while other full time programs create quality management professional for corporate, this program seeks to professionalize the approach of the owners of family business in the nitty gritties of modern management. The two year diploma helps the students to identify family dynamics that affect most business decisions, and learn how to overcome day to day operational hurdles to conitnue growth and profitability. Since the stakes are different, the focus is different as well. Pedagogy A judicious mix of classroom lectures by expert faculty members, case studies and project assignments is followed. Frequent interaction with highly reputed professional manager/entreprenuers is an important input fo the program. Regular visits to industries and guest lectures by industry experts form an integral part of the customized course. International trips are also organized to give students a global perspective. The MBA (Entrepreneurship & Family Business) course boasts of its linkage with renowned foreign universities aims to give its students an amalgam of national and international exposure. It has developed a unique summer entrepreneurship program in collaboration with Athens university of economics and business, Greece. The first summer entrepreneurship program was successfully completed in 2006, wherein students from the course were elected and offered the opportunity to study at AEB, Greece. The objective of this unique visiting programs and collaborative initiative between higher institutions in Greece and India is to offer indian students of entreprenuership and family business management an insight into the Greek, Balran and South East European business environments. Students are selected amongst candidates following the 2 year Narsee Monjee Institute MBA with specialization in family business management. This program has pioneered Indian business education in the field of entrepreneurial studies, offering customized modules, professional lectures, and company visits with emphasis on the sectors that the participants belong to. China Industrial Visit Students of MBA (Entrepreneurship & Family Business) are taken on a frutiful industrial visit to China, covering varied business sectors like Retail, Manufacturing, FMCG, Petrochemicals, Steel, Textiles etc. spread across prime business center like Shanghai, Beijing, Hanzhou. In addtition to this, students accompanied by faculty members visited Jia Tong university, Shanghai, one of the best MBA Universities in China. NMIMS Deemed-to-be University has played host to a number of events, cultural and academic, which are a great learning experience for the students. Students of MBA (Entrepreneurship & Family Business) play a pivotal role in organizing; participating and making a grand success of these event. They have always taken the initiative to design and organize cultural feasts, where sharpening their leadership skills. MBA (Entrepreneurship & Family Business) students have organized several event – alumni meets and series of guest lectures both social and academic Students of family business are also an integral part of CII-YI Net Mumbai, which organizes events like the annual CII-YI meets, participation in the Mumbai marathon, the Stock Market Game, Case Study competition and industry visits.
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