Reinvent yourself as Social Entrepreneurs with MBA in Social Entrepreneurship from NMIMS

The foundation of an inclusive and a well-functioning society is based on the pillars of care, equality and the creation of opportunities for everyone involved. And this would come to fruition, only if there is a prospect of growth for entrepreneurship in the social context as today societies are searching for innovative ways to provide socially important goods in health, education, social services, environment and community development.

Non-governmental Organisations (NGOs) / Social Organisations play an incredible role in today’s society to significantly level the playing fields so that progress becomes cohesive. They need management professionals with in-depth administrative skills across diverse functions who are efficient in understanding the challenges and providing fruitful solutions. Hence, ‘Social Entrepreneurship’ is today a potent force and its need is felt stronger in the current times across multiple domains.

Realising the need of the hour, NMIMS School of Business Management launched a uniquely designed program – ‘Part Time MBA in Social Entrepreneurship’ in the year 2007 which is suitably structured for students to transform them into dynamic Social Entrepreneurs with competent managerial skills. This vibrant and distinct course combines the passion of a social mission with a business-like discipline; innovation and determination which helps the students excel in the art of management and take up challenging roles in NGOs or philanthropic organisations.

This program comes under the purview of ‘The School of Business Management’ (SBM) of NMIMS which offers the best management education in the country to the individuals who want a transition in their career. A dynamic curriculum designed in conjunction with academics and industry practitioners, provides them the opportunities to master new skills and explore varied perspectives.

Narsee Monjee Institute of Management Studies (NMIMS) was established in 1981 by Shri Vile Parle Kelavani Mandal (SVKM) to meet the growing demand for management education. In 2003, NMIMS was declared a Deemed to be university under Section 3 of the UGC Act 1956. With the legacy of 40 years, NMIMS has become one of the Top-10 B-schools in India and has emerged as a multi-disciplinary, multi-campus University with 17,000+ students and 750+ full-time faculty members.

Part Time MBA in Social Entrepreneurship & Sustainability Management endeavours to develop strategic orientation and motivation for success with a social conscience. It prepares students for innovatively approaching public needs with a combination of entrepreneurial practices and social purposes through the for-profit, non-profit and governmental domains.

The MBA program is primarily aimed at offering entrepreneurial and leadership skills to individuals who wish to begin challenging journeys in social sectors and bring a change in the Indian economy.

Part Time MBA in Social Entrepreneurship: It’s a 2 Year, 7 Trimester course focussing on the development of knowledge & skills to successfully manage the social sector’s responsibility.

Program Highlights:

To focus on execution of projects and develop sustainability of development organisations through innovative management approach
To develop a holistic perspective on current issues in management of social sector
To complement the operational skills of management with a strategic vision to develop social enterprises
To expose the students to international benchmarks in stakeholder management in the social sector
Social Entrepreneurship is a driving vision that compels one to dedicate a life to a particular social outcome. Hence, post Part Time MBA in Social Entrepreneurship, students get opportunities to take on leadership roles within their existing companies, leading non-profit organizations, for-profit social enterprises, government or CSR departments. Also, many alumni have chosen to work as professionals within an organization that supports social entrepreneurs through incubation centers, venture capital funding organizations, not-for-profit funding agencies, development consulting firms, etc.

Through MBA in Social Entrepreneurship, your management acumen will be at the forefront in developing a well-balanced society that cares for all its citizens.

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Upgrade your skills and be a competent Manager with Part Time MBA from NMIMS School of Business Management

The art of management lies in adapting to a situation seamlessly and craft a solution with the available resources so that work keeps moving and the society at large keeps prospering. In today’s world, with increasing competition and changing technology, individualsneed to keep abreast of the latest knowledge and skills to be in sync with the advancements in the field to utilize their potentialto the fullest.

The professional growth depends not only on the performance but also how one envisions future scenario and crafts unique ideas accordingly. In fact, to step up the career ladder as a management leader, one has to be aware of the entire business dynamics, complex strategies and contemporary trends and practices in management. Hence, MBA (Part Time) at NMIMS School of Business Management provides the right platform for working executives to up-skill themselves with the latest trends and marketing frameworks.

The program offers opportunities to working executives to acquire a high-end compact management qualification through rigorous and qualitative in-class learning and practical exposure through industry expertise. It is meant for individuals who are seeking to upgrade their qualification by acquiring a widely acclaimed MBA degree. This course is a win-win proposition for those students who look to upgrade their academic qualification while retaining their job.

MBA (Part Time) comes under the purview of AACSB accredited ‘The School of Business Management’ (SBM) of NMIMS which offers the best management education in the country to the individuals who want a transition in their career. A dynamic curriculum designed in conjunction with academics and industry practitioners provides them the opportunities to master new skills and explore varied perspectives.

NarseeMonjee Institute of Management Studies (NMIMS) was established in 1981 by Shri Vile ParleKelavaniMandal (SVKM) to meet the growing demand for management education. In 2003, NMIMS was declared a Deemed to be university under Section 3 of the UGC Act 1956. With the legacy of 40 years, NMIMS has become one of the Top-10 B-schools in India and has emerged as a multi-disciplinary, multi-campus University with 17,000+ students and 750+ full-time faculty members.

The 2-Year MBA (Part Time) program will offer an opportunity for students to hone their managerial skills and enable them to contribute better to their decision-making ability.This enables the individuals to formulate comprehensive and internally consistent strategies for the business unit and in thinking through the issues in implementing them. For those who stay a little far from NMIMS Mumbai campus can opt for the exclusive batch 3 (classes only on Saturday & Sunday) that does not disturb their regular routine of 5 days. They can travel to Mumbai during weekends to attend the classes and return back before the next week starts.

Program Highlights:

Exposure to Bloomberg Lab
Training with Capstone Simulation
Industry conclaves and innovative engagement programs
Multiple choice of batches suited for convenience
MBA (Part Time):The 2-Year, 6 Trimester program is designed totransform a hands-on manager into a well-informed professional poised for greateraccomplishments.

Program Goals:

To provide excellent academic resources coupled with industry best practices to boost managerial competence of executives
To provide holistic education to executives to enhance their career prospects
To expose working executives to contemporary trends and practices in management
To be the preferred executive education program of choice
MBA (Part Time) program offers an enriching interaction and academic orientation to ambitious executives who seek to achieve work-study balance and boost their career through an industry-recognized MBA. So be a part of this journey and add immense value to your dream of becoming a successful manager.

Beyond the Predictable Path

An MBA degree has been a marketable credential for many years now which is why graduates from diverse fieldshave been pursuing the program to fast-track their career. Earlier trends saw engineering and commerce graduates making their way to B-schools, but now you have former armed forces personnel, students of humanities, chartered accountants, lawyers and many more working towards an MBA degree to achieve their professional goals and boost their career trajectory.

While every degree or certification is an accomplishment by itself, it also opens up wide opportunities for a particular specialisation. It’s quite a predictable path. But what if these credentials could be taken much further, beyond a regular MBA degree?

In today’s globalised economy, certain types of MBAs with specialisations in sought-after fields like law are particularly valuable. A graduate may aspire to hold a leadership role in business while already equipped with legal expertise, or who while interested in a career in the latter two, also wants a solid foundation in management.

It is to fulfil this very need that the NMIMS, School of Business Management developed a two-year MBA (Law) program which combines business intelligence with legal acumen. This truly one-of-its-kind course is presented in association with the Kirit P. Mehta School of Law.

The curriculum is interdisciplinary, market-driven and relevant to industry demands and advancements. It works to reinforce legal competencies in corporate operations like marketing, finance, among other departments. This is accomplished by some of India’s most sought-after faculty from academia, the legal world and the industry, all of whomdeliver the programme through lectures, presentations, discussions based on published papers, case studies and caselets, spread across six trimesters and an internship.

The NarseeMonjee Institute of Management Studies (NMIMS) was established in 1981 to meet the growing demand for management education and in 2003, was declared a Deemed to be University.

With a legacy of 40 years, NMIMS is one of the top-10 B-schools in India, and has emerged as a multi-disciplinary, multi-campus University with 17 constituent schools that include Management, Family Business, Engineering, Pharmacy, Architecture, Commerce, Economics, Law, Science and Liberal Arts, among others. NMIMS also has nine Centres of Excellence.

NMIMS has more than 17,000 students and about 750+ full time faculty members; 10 faculty members at the University are Fulbright and Humboldt International Scholars.

Today, more global mergers and acquisitions are taking place and only a law degree or just an MBA may not prepare a manager to handle such complex scenarios. Conscientious corporate managers cannot make significant business decisions without an acute awareness of their possible legal implications. And on the other hand, lawyers who counsel corporate management must be aware of the business implications of their legal advice.

MBA Law: It’s a 2 Year, 6 Trimester course with an intake of 40 seats and out of a total 38 courses, 16 are related to Law and 22 are assigned for Management.

Program Highlights:

Enriches knowledge for skill development related to management & administration, analyses of business data, multi-modal communication, etc.
Hones skill sets with fusion of management & application orientation
Enables to think more practically with analyses of business information and effectively apply legal knowledge from the perspective of business needs
Equips with additional capabilities for understanding and resolving critical business problems
Helps to gain skill sets in matters of laying down legal briefs, policy documents, standard operating & monitoring procedures for execution of business decisions, etc. in total compliance with laws, regulations, governance requirements, etc.
MBA (Law) is country’s first of its kind program designed to fulfil the needs of contemporary business ecosystem. Hence, it has received tremendous response for on-campus recruitments with some of the major names participating like Ernst and Young, Legasis Services Pvt. Ltd., Avantis, Deloitte, HDFC Ltd., Kotak Mahindra Bank, Automotive Manufacturers, Reliance JioInfocomm, Aranca, Michael Page, IIFL, Berkeley Research Group and others.

NMIMS School of Business Management is AACSB-accredited and globally recognised B-School which helps student become a part of its active network with over 20,000 alumni, illustrious corporate partners and industry experts. At NMIMS SBM, MBA(Law) creates leaders of tomorrow fully equipped with the skills and knowledge to be a Management Consultant, Business Law Professional, Social Entrepreneur, In-House Counsel, Business Advisory Professional and more, in a myriad of industries from manufacturing to education, healthcare to retail. The possibilities, as they say, are endless!

Get the dual advantage of Management & Law with MBA Law from NMIMS

In this age and era of comprehensive decision making, it’s natural that individuals with a blend of specialization stand out amongst their peers. They need to have appropriate soft skills and deeper insights pertaining to corporate strategies for achieving better results along with the desired quality and speed. This proposition works strongly for organizations, since risks would alleviate and a constant growth rate is assured.

Hence, today, to ensure smooth functioning of an organization, there is strong demand for professionals with interwoven skills and understanding of both business and law. To bridge the gap between Law and Business Management, a new generation program – MBA (Law) was introduced by the School of Business Management, NMIMS in association with the School of Law.

MBA (Law) comes under the purview of ‘The School of Business Management’ (SBM) of NMIMS. SBM offers executive education programs for professionals who want to make the key transition in their careers with a wide range of management skills.

Narsee Monjee Institute of Management Studies (NMIMS) was established in 1981 by Shri Vile Parle Kelavani Mandal (SVKM) to meet the growing demand for management education. In 2003, NMIMS was declared a Deemed to be university under Section 3 of the UGC Act 1956. With the legacy of 40 years, NMIMS has become one of the Top-10 B-schools in India and has emerged as a multi-disciplinary, multi-campus University with 17,000+ students and 750+ full time faculty members.

MBA (Law) encompasses deeper business insights and understanding of corporate strategies, marketing, finance, operations and human resource management, organizational dynamics, compliance requirements etc. which moulds the students in a big way. The knowledge of both management and law across domains like Finance, Marketing, Sales, Supply Chain, Leadership, Management, Business Development etc. will be sought after as economies across the globe integrate into the world market.

Graduates with LLB/LLM degree or professional degrees like Chartered Accountancy, Company Secretary or Cost Accountancy get opportunity to learn and enhance knowledge of business laws and business administration through this program.

MBA Law: It’s a 2 Year, 6 Trimester course with an intake of 40 seats and out of a total 38 courses, 16 are related to Law and 22 are assigned for Management.

Program Objectives:

Enriches knowledge for skill development related to management & administration, analyses of business data, multi-modal communication, etc.
Hones skill sets with fusion of management & application orientation
Enables to think more practically with analyses of business information and effectively apply legal knowledge from the perspective of business needs
Equips with additional capabilities for understanding and resolving critical business problems
Helps to gain skill sets in matters of laying down legal briefs, policy documents, standard operating & monitoring procedures for execution of business decisions, etc. in total compliance with laws, regulations, governance requirements, etc.
MBA (Law) is country’s first of its kind program designed to fulfil the needs of contemporary business ecosystem. Hence, it has received tremendous response for on-campus recruitments with some of the major names participating like Ernst and Young, Legasis Services Pvt. Ltd., Avantis, Deloitte, HDFC Ltd., Kotak Mahindra Bank, Automotive Manufacturers, Reliance Jio Infocomm, Aranca, Michael Page, IIFL, Berkeley Research Group and others.

To put things succinctly, those passing out of NMIMS with MBA (Law) will be highly sought after professionals in the changing phase of our economy and any organisation which inculcates their expertise is bound to benefit immensely.

WHAT MAKES REAL ESTATE MANAGEMENT PROGRAM AT NMIMS A CONCRETE CHOICE?

The transformation of the world is happening at an unprecedented scale, especially with the thrust on technology, and all sectors are witnessing it up close and personal including Real Estate.

Understanding the real picture:
The traditional real estate bastions like Mumbai & Delhi along with new-age markets like Gurugram, Noida and many other cities, including Tier 2 & Tier 3 cities are opening up in multiple ways, with the consumers’ demands varying continuously. Some are seeking a second home; some are operating from an investment point of view while others are specifically oriented towards a luxurious standard of living. This is driving the market to a great extent which is also evident from an Economic Times Report “Investment in India’s Real Estate sector is likely to rise to $6.5 billion in the current year”.

In such a scenario, the Real Estate sector needs individuals who have a good grip on the market, its situation and impending opportunities. At this important juncture, one needs to look at ‘PGDM – Real Estate Management’ from NMIMS! It’s a program that nurtures smart Real Estate professionals with crucial business and finance knowledge and also shapes analytical thinking, communication, collaboration and negotiation skills. In short, NMIMS is creating real estate professionals with a perfect blend of leadership and management skills.

Driven by a legacy founded on excellence:
The program comes under the purview of ‘The School of Business Management’ (SBM) of NMIMS Deemed-to-be-University which offers one of the best management education in the country to the individuals who want to make the key transition in their careers with a wide range of management skills and leadership qualities.

With the legacy of 40 years, NMIMS Deemed to be University has grown to being not only one of the top-10 B-schools in India but also emerged as a multi-disciplinary, multi-campus University at Mumbai, Navi Mumbai, Indore, Shirpur, Dhule, Bengaluru, Hyderabad and Chandigarh and seventeen constituent schools that include Management, Family Business, Engineering, Pharmacy, Architecture, Commerce, Economics, Law, Science, Liberal Arts, Design, Performing Arts, Mathematical Science, Agricultural Science, Hospitality Management, Branding & Advertising and Distance Learning. In addition, NMIMS have ten Centres of Excellence as well at the University.

Creates professionals with a strong grip on fundamentals:
The Real Estate Management (REM) Program at NMIMS builds upon the strengths of the School of Business Management’s top-ranking MBA program, which is accredited with AACSB. As a prerequisite of today’s situation, the program gives students an opportunity to study both the local and international trends thereby giving them an unparalleled advantage. The school provides access to a strategic mix of industry experts and in-house faculties across the domains of Real Estate, Finance, Marketing, Operations, Strategy, Technology Management, etc. which are essential to gain holistic knowledge.

The Program Chairperson Dr. Alaknanda Menon says, “The sector is growing and despite the effect of COVID-19, the economy would see revival by mid 2021 and the real estate sector wont be far behind. In fact, the sector is adopting technology at a much faster pace now and in the months to come, we would see more consolidation, vertical integration and a shift towards sustainable living.”

A structure designed for a comprehensive outlook:
PGDM – Real Estate Management: It’s a 2 Year, 6 Semester program with an intake of 60 seats and covers a wide range of subjects.

Program Highlights:

Learning facilitated by distinguished faculty from industry and academia
Discussions based on pre-circulated published papers and case studies with complex problems drawn from industries
Case studies from HBS Case Library for management subjects
Two-month summer internship with organizations of repute
International Immersion aiding in holistic understanding of global practices
The program aids the students in building careers not only in the Real Estate sector but also in areas that are enablers to this industry like Financial Institutions, Architectural Firms, Valuation Companies, International Consultants, etc. The Real Estate Management program from NMIMS puts students in a pole position to overcome any challenges and win every race with confidence and poise.

How to lead the change in family businesses?

Change or transformation is the essence of life and it’s inevitable and is bound to happen sooner or later. Business, like any other ecosystem, is time and again exposed to the forces of change and the smartness lies in understanding the undercurrent and prepare for an overhaul to lead the change.

Closely observing the evolving scenario:
To run a successful Family business, the knack to lead the change is the most important element to make things work. The typical problems that trouble Family businesses, such as lack of trust or failure to professionalize can be managed clearly by adopting a model of change that is professionally taught in an institution of eminence like Pravin Dalal School of Entrepreneurship & Family Business Management which was established in 2006.

Understanding the pulse of Family run businesses:
The School offers multiple programs, stated below, and nurtures future leadership through its pioneering ecosystem of well-respected faculty, futuristic curriculum, subject matter expert talks, peer group learning, personal development workshops, intensive international exposure and social connect programs.

MBA (Entrepreneurship)
Integrated MBA (Entrepreneurship and Family Business)
MBA (Entrepreneurship & Family Business)
Weekend Family Managed Business Administration Program (FMBA)
Pravin Dalal School is an initiative of ‘The School of Business Management’ (SBM) of NMIMS Deemed-to-be-University which offers best management education in the country to the individuals who want to make the key transition in their careers.

Narsee Monjee Institute of Management Studies (NMIMS) was established in 1981 by Shri Vile Parle Kelavani Mandal (SVKM) to meet the growing demand for management education. In 2003, NMIMS was declared a Deemed to be university under Section 3 of the UGC Act 1956. With the legacy of 40 years, NMIMS has become one of the Top-10 B-schools in India and has emerged as a multi-disciplinary, multi-campus University with 17,000+ students and 750+ full-time faculty members.

Acquiring a potent tool:
The smartly crafted ‘2 Year MBA Entrepreneurship & Family Business’ is specifically designed to assist family-owned businesses in understanding the changing dynamics of competition as well as the organization, brought about by globalization. This program further helps the students in identifying business opportunities by assessing the risks and providing solutions for emerging markets. This course will help students to learn fundamentals and acquire skill sets that will prepare them from the initial development of a business plan to financing a start-up and managing a growing business.

Developing the managerial acumen:

MBA (Entrepreneurship & Family Business): It’s a 2 Year course with a judicious mix of classroom lectures, case studies, project assignments and industrial visits.

Program Highlights:

To develop skills in successfully initiating, expanding, diversifying and managing an enterprise with a focus on understanding real-life business situations & practices
To inculcate among students entrepreneurial competencies including self-confidence, goal setting, planning, information seeking, problem-solving and planned risk-taking
To provide intensive personal counselling to develop a competent entrepreneur and a successful business executive of tomorrow
Getting the desired output:

The School has a ‘Vision to be amongst the Top 50 in the World’ by understanding and appropriately delivering a strategic path to transform and grow businesses while they play an important role in the evolving economy. The structure of excellence fostered at Pravin Dalal School is greatly in sync with the spirit of the times and the passing out students will be leading the change in developing an inclusive and prosperous society.

Add exceptional value to family owned businesses with NMIMS Pravin Dalal School of Entrepreneurship & Family Business Management

A deep analysis of any business ecosystem brings out facts that show the path for a complete overhaul which will sustain the economy and will further strengthen it. One such keen observation of the current times is that the age-old strategies in family managed businesses that have worked well in the past may not be suitable to keep the businesses going in the future and needs a major turnaround.

In fact, the focus remains to deeply understand and appropriately deliver Indian Family Businesses a strategic path to transform and grow their business while they play an important role in India’s growth. To tide over such transformation with ease and understand the emerging need of Family-run businesses, Pravin Dalal School of Entrepreneurship & Family Business Management was established in 1999.

The School offers multiple programs, stated below, and nurtures future leadership through its pioneering ecosystem of well-respected faculty, futuristic curriculum, subject matter expert talks, peer group learning, personal development workshops, intensive international exposure and social connect programs.

MBA (Entrepreneurship & Family Business)
Integrated MBA (Entrepreneurship and Family Business)
MBA (Entrepreneurship)
Weekend Family Managed Business Administration Program (FMBA)
Pravin Dalal School is an initiative of ‘The School of Business Management’ (SBM) of NMIMS Deemed-to-be-University which offers best management education in the country to the individuals who want to make the key transition in their careers.

Narsee Monjee Institute of Management Studies (NMIMS) was established in 1981 by Shri Vile Parle Kelavani Mandal (SVKM) to meet the growing demand for management education. In 2003, NMIMS was declared a Deemed to be university under Section 3 of the UGC Act 1956. With the legacy of 40 years, NMIMS has become one of the Top-10 B-schools in India and has emerged as a multi-disciplinary, multi-campus University with 17,000+ students and 750+ full-time faculty members.

The objective of the ‘2 Year Full-time MBA (Entrepreneurship & Family Business)’ program is to assist family-owned businesses in understanding the changing dynamics of competition as well as the organization, brought about by globalization. The program intends to develop family business successors as enterprising and knowledgeable owners of the businesses of their forefathers. The program is primarily aimed at offering entrepreneurial and leadership skills to individuals who wish to begin and be successful in the challenging environment of current businesses.

MBA (Entrepreneurship & Family Business): It’s a 2 Year course with a judicious mix of classroom lectures, case studies, project assignments and industrial visits.

Program Highlights:

To develop skills in successfully initiating, expanding, diversifying and managing an enterprise with a focus on understanding real-life business situations & practices
To inculcate among students entrepreneurial competencies including self-confidence, goal setting, planning, information seeking, problem-solving and planned risk-taking
To provide intensive personal counselling to develop a competent entrepreneur and a successful business executive of tomorrow
With its consistent efforts of transforming and enabling the development of leadership skills, for sustainability and scalability of respective Family-run businesses., AACSB has recognised Pravin Dalal School of Entrepreneurship & Family Business Management with the ‘The 2020 Innovations That Inspire’. The School is one of the today’s global face of higher education and serve as catalysts for innovation. The journey of students at NMIMS Pravin Dalal School is an unparalleled experience of intensive learning and provides a deeper perspective through holistic learning.

HOW NMIMS ENSURES A SMOOTH TRANSFORMATION IN FAMILY BUSINESSES

In 4 easy steps, let’s understand
how NMIMS ensures a smooth transformation
in family businesses

Step 1: Offers a different

Family-managed businesses should have appropriate skills and deeper insights of corporate strategies for achieving better results along with the desired quality and speed. Most of the family-run businesses face unique challenges and to tide over such transformation with ease, it’s imperative to seek a professional approach that provides a modern dimension.

Step 2: Gives solution based on years of priceless experience

For family businesses to ensure a constant growth rate and a systematic work ethos they need to adopt a model of change; something that is professionally taught in an institution of eminence like Pravin Dalal School of Entrepreneurship & Family Business Management which was established in 2006.

Pravin Dalal School is an initiative of ‘The School of Business Management’ (SBM) of NMIMS Deemed-to-be-University which offers the best management education in the country to the individuals who want to make the key transition in their careers with a wide range of management skills and leadership qualities.

Step 3: Outlines a program that’s suitably designed for family businesses

Weekend Family Managed Business Administration Program (FMBA)

The unique tailor-made ‘Weekend, 1 Year Management Program (FMBA) is for owner-entrepreneurs and their family members who would like to equip themselves with the knowledge of modern management concepts and practices. This knowledge will enable them to meet the new-age challenges and seize emerging business opportunities.

Also, the weekend structure of the program ideally suits those who are already involved in running their family businesses. The FMBA Program trains the students to act as a major force of change in their family businesses to set new benchmarks of excellence.

Apart from this, Pravin Dalal School also offers multiple programs, stated below, to nurture future leaders through its pioneering ecosystem of well-respected faculty, futuristic curriculum, subject matter expert talks, peer group learning, personal development workshops, intensive international exposure and social connect programs.

MBA (Entrepreneurship) – After graduation
Integrated MBA (Entrepreneurship and Family Business) – After 10+2
MBA (Entrepreneurship & Family Business) – After graduation

Step 4: Crafts the program’s structure to evoke excellence

FMBA Pedagogy

Lectures & presentations by experienced faculty supported by handouts and assignments
Presentations by guest speakers apart from a host of special seminars, outbound training, factory visits, etc.
Assignments in core management subjects as a learning exercise
Compulsory detailed project on one’s own business with a SWOT analysis
Helps students to prepare a comprehensive document on the various facets of their family business
Presentation of projects by students in the class thereby offering a great learning opportunity

With the legacy of 40 years, NMIMS Deemed to be University has grown to being not only one of the top-10 B-schools in India but also emerged as a multi-disciplinary, multi-campus University at Mumbai, Navi Mumbai, Indore, Shirpur, Dhule, Bengaluru, Hyderabad and Chandigarh and seventeen constituent schools that include Management, Family Business, Engineering, Pharmacy, Architecture, Commerce, Economics, Law, Science, Liberal Arts, Design, Performing Arts, Mathematical Science, Agricultural Science, Hospitality Management, Branding & Advertising and Distance Learning. In addition, NMIMS have ten Centres of Excellence as well at the University.

A concluding note: The journey of students at Pravin Dalal School will be an unparalleled experience of intensive learning and will provide a deeper perspective meant to transform family-run businesses holistically.

Indian Infrastructure Scenario

Introduction
The development of a country’s infrastructure is vital to the growth of its sectors and the overall economy. The infrastructure sector is a key driver for the Indian economy.

The increased spending in this sector has a multiplier effect on overall economic growth as it necessitates industrial growth and manufacturing. This in turn boosts aggregate demand by improving living conditions.

The infrastructure sector primarily comprises electricity, roads, telecommunications, railways, irrigation, water supply and sanitation, ports and airports, storing facilities, and oil and gas pipelines. India was ranked 44th out of 167 countries in World Bank’s Logistics Performance Index (LPI) 2018. India is ranked second in the 2019 Agility Emerging Markets Logistics Index.

Market Size
Foreign Direct Investment (FDI) received in Construction Development sector (townships, housing, built up infrastructure and construction development projects) from April 2000 to December 2019 stood at US$ 25.37 billion, according to the Department for Promotion of Industry and Internal Trade (DPIIT). The logistics sector in India is growing at a CAGR of 10.5 per cent annually and is expected to reach US$ 215 billion in 2020.

Government Initiatives
The Government of India is expected to invest highly in the infrastructure sector, mainly highways, renewable energy and urban transport. The Government of India is taking every possible initiative to boost the infrastructure sector. Announcements in Union Budget 2019-20:

India plans to spend US$ 1.4 trillion on infrastructure in the next five years.
NHAI will be able to generate revenue of Rs one lakh crore (US$ 14.31 billion) from toll and wayside amenities over the next five years.
In the Union Budget 2020-21, the Government of India has given a massive push to the infrastructure sector by allocating Rs 1,69,637 crore (US$ 24.27 billion) for the transport infrastructure.
As per Union Budget 2020-2021, Metro rail network has touched 657 KM and Ministry of Railways have been allocated Rs 72,216 crore (US$ 10.33 billion).
Communication sector allocated Rs 38,637.46 crore (US$ 5.36 billion) to development of post and telecommunications departments.
The Indian Railways received allocation under Union Budget 2020-21 at Rs 72,216 crore (US$ 10.33 billion).
Rs 3,899.9 crore (US$ 540.53 billion) to increase capacity of Green Energy Corridor Project along with wind and solar power projects.
Allocation of Rs 8,350.00 crore (US$ 1.16 billion) to boost telecom infrastructure.
Water supply to be provided to all households in 500 cities.
Allocation of Rs 888.00 crore (US$ 110.88 million) for the upgradation of state government medical colleges (PG seats) at the district hospitals and Rs 1,361.00 crore (US$ 188.63 million) for government medical colleges (UG seats) and government health institutions.
National Infrastructure Pipeline
The National Infrastructure Pipeline (NIP) is a group of social and economic infrastructure projects in India over a period of five years with a sanctioned amount of ₹103 lakh crore (US$1.4 trillion). The pipeline was first made public by the Prime Minister of India during his 2019 Independence Day speech. The Finance Minister announced that the NIP consists of 78% projects by the centre and states, and the remaining by the private sector.[2] The NIP is a pillar of government of India’s aim to become a $5 trillion economy by 2025.

Allocation of funds to various sub sectors of infrastructure is shown below.

Road Ahead
India’s national highway network is expected to cover 50,000 kilometres by 2019. National highway construction in India has increased by 20 per cent year-on-year in 2017-18. The government has suggested the investment of Rs 5,000,000 crore (US$ 750 billion) for railways infrastructure between 2018-2030.

India and Japan have joined hands for infrastructure development in India’s north-eastern states and are also setting up an India-Japan Coordination Forum for Development of North East to undertake strategic infrastructure projects in the northeast.

Smart Cities Development
Apart from the above, the Government has also established Smart Cities Mission of India to look after the development of 100 smart cities across all the states of India. This ambitious program is supposed to have a planned spend of Rs. 20.5 lakh crore by year 2023.

Real Estate Sector
Real estate which is primarily a private sector industry is expected to touch US$ 180 billion or Rs. 200 lakh crore by year 2023.

Who Will Build?
There is involvement of civil engineering expertise in each of these areas not only from the site management point of view but also in planning, designing, and even financing aspects of business. With the exponential growth in infrastructure and real estate activities, the requirement for civil engineers in construction sector is also expected to grow exponentially, not only as employees but also as employers such as contractors and concessionaires. If this demand for civil engineers is not met then ‘who will build?’ is the question that will have to ask ourselves.

www.ibef.org
www.pib.gov.in
www.wikipedia.org
This article is written by Prof. Avadhut Kshirsagar

Digital Images and Videos can solve your problems.

The Information Technology (IT) and Information Technology enabled services (ITES) rules the current era. Each and every country on this planet is competing against each other to achieve mastery of this technology.

Everyone is trying to solve the problems of society through IT/ITES. With the advent of personal computers and mobile phones, technology has enabled large segments of society to have access to these services quickly and easily and all IT/ITES solutions are completely dependent on digital data being generated by these means.

There are many easy sources available to generate digital data. Easier access to personal computers, mobile phones and personal electronic gadgets has enabled every common man on the planet to create digital data at their fingertips. Usage of smart phones and other handheld devices, equipped with digital cameras have increased exponentially worldwide. This makes it easy for all to capture the digital data in the form of images and videos depicting certain events, activities, objects for future reference, evidence etc. Digital images/videos of any body part of human being, animal kingdom or for that matter any living or non-living object on this planet can be generated easily by means of cameras of different resolutions.

Increasing demand of IT/ITES has also multiplied cyber security threats, such as authentication and authorization of events, activities or users. These can be controlled by the means of Biometrics based solutions. Healthcare demands for accurate treatment can be ensured with the help of digital images captured by X-RAYS, CT SCAN, MRI, USG etc.

Country borders are being protected through digital images and videos captured by drones, and satellites used by armed forces. Almost all fields demand efficient solutions; which can be delivered through processing digital data in the form of images and videos.

Millions of images and videos are being captured every minute around the world. The future awaits image and video processing experts to interpret, analyze, and process these digital images and videos to make intelligent decisions to solve human problems efficiently. Digital images and videos are predicted to be a highly prominent type of input data to be dealt with by futuristic artificial intelligent systems that are based on machinelearning algorithms.

We, at Mukesh Patel School of Technology Management and Engineering (MPSTME), Mumbai; one of the premier engineering institutions; are researching and developing expertise in the area of digital image and video processing. There are teams of image processing experts in the Faculty that are involved in training UG, PG and Doctorate students and deliver sustainable solutions for the betterment of society by the means of processing digital images and videos.

To name a few following are the areas of research being carried out by me and my students at MPSTME.

Fabric Defect detection for textile industry
Generating efficient ways of treating the spinal chord disorder.
Predicting the student’s learning levels
Efficient ways of image retrieval from large databases.
Retrieval of relevant videos from database.
This article is written byDr. Dhirendra S. Mishra, Professor, Computer Engineering Department, Faculty of Digital image and Video Processing