Content Curator | Updated on - Apr 8, 2026

The Integrated MBA Program for Family Business (BBA + MBA in Entrepreneurship & Family Business) at NMIMS Mumbai is a uniquely designed 5-year full-time program offered by the Pravin Dalal School of Entrepreneurship and Family Business Management (PDSE&FBM). On successful completion, students are awarded two degrees: BBA (Entrepreneurship & Family Business) and MBA (Entrepreneurship & Family Business). The program is designed to nurture students with an entrepreneurial mindset and thought-provoking leadership, combining classroom learning, guest sessions by domain experts, sector-specific projects, technology-based exercises, experiential learning, and international exposure. With a seat intake of 60 students, the annual fee for the 2025 batch was Rs. 9,50,000, making the total 5-year fee Rs. 47,50,000. Unlike most NMIMS undergraduate programs, admission to this program is through a Written Test and Personal Interview (not NPAT). The program is one of the few in India specifically designed for family business heirs and aspiring entrepreneurs.

Admissions for the 2026 batch are currently ongoing. Phase 1 online registration opened on February 23, 2026, and closes on April 12, 2026. The Written Test and Personal Interview are scheduled for April 24, 2026, with the merit list expected on May 5, 2026.

Key Points

One of the few programs in India specifically designed for family business heirs and aspiring entrepreneurs
Dual degree awarded: BBA (E&FB) + MBA (E&FB) on completion of 5 years
Exit option available after 3 years with a BBA (Entrepreneurship & Family Business) degree
Admission through Written Test and Personal Interview (not NPAT), making it distinct from other NMIMS UG programs
Small, exclusive batch of 60 students, fostering a close-knit community
Access to a network of 6,000+ family business heirs through PDSE&FBM alumni
International exposure through visits to global universities and business immersion programs
Graduates accepted into world-class universities including Babson, Imperial College London, University of Bath, Warwick, and Singapore Management University
Pioneer Garage: Student-driven activity where new business ideas are presented and debated

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NMIMS Mumbai Latest Updates and News

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05 May, 2026 NMIMS Mumbai BBA + MBA Entrepreneurship & Family Business Fee Structure 2026 has been released. The total academic fee is ₹ 32.8 Lakhs.

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NMIMS BBA + MBA (E&FB) Fees

The BBA + MBA (Entrepreneurship & Family Business) integrated program at NMIMS Mumbai is a premium 5-year program with an annual fee of Rs. 9,50,000 for the 2025 batch. The total 5-year program cost amounts to Rs. 47,50,000 (exclusive of hostel). Fees for the 2026 batch will be declared at the time of admission in the offer letter. Hostel accommodation at the Mumbai campus is optional and available on a first-come, first-served basis.

Fee Components

Fee Component	Amount (Per Annum)
Tuition Fee	Rs. 5,00,000 (approx.)
Building / Infrastructure Fee	Rs. 1,00,000 (approx.)
Other Charges (Library, Activity, etc.)	Rs. 1,50,000 (approx.)
Programme / Development Fee	Rs. 2,00,000 (approx.)
Total Annual Fee (2025 Batch Reference)	Rs. 9,50,000
Total 5-Year Fee	Rs. 47,50,000
Hostel Fee (Optional, Mumbai Campus)	Rs. 1,80,000 - Rs. 2,50,000 per annum (approx.)

Fees mentioned above are for the 2025 batch (last year) and are for reference only.
Fees for the 2026 batch will be declared at the time of admission in the offer letter.
The fee breakup by component is approximate; the official total per annum is Rs. 9,50,000 as per the NMIMS PDSE admission handout.
Hostel accommodation at the Mumbai campus is optional and allotted on a first-come, first-served basis.
Refund rules are as per UGC notification.
Online registration fee: Rs. 2,000 (non-refundable).
EMI/loan options are available through NMIMS's banking partners.

NMIMS BBA + MBA (E&FB) Admission 2026

Admissions to the BBA + MBA (Entrepreneurship & Family Business) integrated program at NMIMS Mumbai are conducted through a Written Test and Personal Interview process, unlike other NMIMS undergraduate programs which use NPAT. The 2026 admission cycle is currently active, with Phase 1 registration open until April 12, 2026. The selection process includes a Statement of Purpose (SOP), a written test, and a personal interview.

Important Dates

Event	Date
Phase 1 Online Registration Opens	February 23, 2026
Phase 1 Online Registration Closes	April 12, 2026
Call Letters for Test & Personal Interview	April 17, 2026
Written Test & Personal Interview	April 24, 2026
Merit List Declaration	May 5, 2026 (after 5:00 PM)
Document Upload & Payment of Admission Fees	May 5 - May 11, 2026
Registration & Inauguration Program	July 13, 2026
Last Date of Admission	July 29, 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidate must have passed 10+2 or equivalent examination from a recognized board
Minimum 50% aggregate marks in 10+2 (all subjects opted and appeared)
Good communication skills and basic understanding of family-run business
Zeal to learn and take higher responsibility
Maximum age: 25 years at the time of admission

Admission Process

Register online at nmims.edu and pay the registration fee of Rs. 2,000 (non-refundable)
Submit a Statement of Purpose (SOP) of 300 words as part of the application
Appear for the Written Test (20 questions, 20 marks; covering Logical Reasoning, Verbal Ability, and Current Affairs & Business) and Personal Interview (50 marks)
Merit list is prepared based on SOP, Written Test score, and Personal Interview performance
Selected candidates must upload documents and pay admission fees between May 5-11, 2026
Program commences with Registration and Inauguration on July 13, 2026

NMIMS BBA + MBA (E&FB) Scholarships 2026

NMIMS Mumbai does not offer a comprehensive institutional scholarship program for this integrated program. The primary scholarship available is the Central Sector Scheme of Scholarship (Government of India), which is awarded based on 12th board performance and family income. NMIMS has partnerships with banks for student loans, which are readily accessible given the institution's reputation.

Scholarship Details

Scholarship	Eligibility	Amount	Duration
Central Sector Scheme of Scholarship (Government of India)	Above 80th percentile in 12th board; family income less than Rs. 6 LPA; age 18-25 years; SC/ST/General/PH categories	Rs. 1,000 per month (graduation level); Rs. 2,000 per month (postgraduate level)	10 months per academic year
Bank Education Loans	As per bank eligibility norms	As per loan amount sanctioned	Repayment post-course

The Central Sector Scheme scholarship application must be submitted within 10 months of enrollment.
NMIMS does not offer merit-based institutional scholarships for this program.
No reservation-based fee concessions are available at NMIMS (all admissions are merit-based with no quotas).
Students are advised to check the National Scholarship Portal (scholarships.gov.in) for government scholarship updates.
Scholarship amounts are credited directly to the student's bank account after verification.

NMIMS BBA + MBA (E&FB) Placement 2026

The BBA + MBA (Entrepreneurship & Family Business) integrated program at NMIMS PDSE&FBM is primarily designed for family business heirs and aspiring entrepreneurs. The program's focus is on equipping students to lead, scale, and transform family enterprises or start new ventures. Dedicated placement statistics are not published separately for this program. Graduates are expected to join their family businesses, start new ventures, or pursue careers in entrepreneurship consulting, venture capital, and business development. The program's strong alumni network of 6,000+ family business heirs provides significant networking and business opportunities.

Placement Details

Placement Metric	Details
Primary Career Path	Family Business Management, Entrepreneurship
Other Career Roles	Entrepreneurship Consultant, Venture Capital Analyst, Business Development Manager
Alumni Network	6,000+ family business heirs
Global Pathways	Accepted into Babson, Imperial College London, University of Bath, Warwick, SMU
Batch Size	60 (small, exclusive batch)

This program is primarily designed for family business heirs.
Corporate placement data is not published separately.
Students are advised to connect with alumni for insights.

NMIMS Mumbai BBA + MBA Entrepreneurship & Family Business Ranking

Collegedunia Ranking

#18 out of 350 in India 2026

#6th in Mumbai

#6 in Maharashtra

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NMIMS BBA + MBA (E&FB) FAQs

Ques. Is the BBA + MBA (Entrepreneurship & Family Business) program at NMIMS only for students from family businesses?

Ans. While the program is primarily designed for family business heirs, it is not exclusively restricted to them. Students with a strong entrepreneurial mindset and zeal to learn are also eligible. However, the curriculum, pedagogy, and alumni network are heavily oriented towards family business management and entrepreneurship, so students without a family business background should assess their fit carefully.

Ques. What is the selection process for the BBA + MBA (E&FB) integrated program at NMIMS?

Ans. Unlike other NMIMS undergraduate programs that use NPAT, this program has a unique selection process: candidates must submit a Statement of Purpose (SOP) of 300 words, appear for a Written Test (20 questions covering Logical Reasoning, Verbal Ability, and Current Affairs & Business), and a Personal Interview. The merit list is prepared based on the combined performance in SOP, Written Test, and Personal Interview.

Ques. Can I exit after 3 years with just a BBA degree from this program?

Ans. Yes. NMIMS offers an exit option after 3 years with a BBA (Entrepreneurship & Family Business) degree. Students who wish to leave after 3 years can do so with the BBA degree and contribute to their family businesses. Those who continue for all 5 years receive both the BBA (E&FB) and MBA (E&FB) degrees.

Ques. What is the total cost of the 5-year BBA + MBA (E&FB) program at NMIMS?

Ans. Based on the 2025 batch fee of Rs. 9,50,000 per annum, the total 5-year program cost is Rs. 47,50,000 (exclusive of hostel). Fees for the 2026 batch will be declared at the time of admission. Additionally, hostel fees (if opted) are approximately Rs. 1,80,000 to Rs. 2,50,000 per annum.

Ques. What is the Pioneer Garage initiative at NMIMS PDSE?

Ans. Pioneer Garage is a unique student-driven activity at NMIMS PDSE where new business ideas, concept notes, and business plans are presented, debated, and discussed. Sessions are facilitated by the Director and subject experts from related industries. Notably, approximately 13% of new business initiatives emerge from Pioneer Garage, making it a real incubation platform for student entrepreneurs.

Ques. Does NMIMS PDSE have international exposure opportunities for BBA + MBA (E&FB) students?

Ans. Yes. The program includes national and international industrial visits, and students have access to global business immersion experiences. NMIMS PDSE has strong international linkages, with graduates being accepted into world-class universities such as Babson College (USA), Imperial College London, University of Bath, University of Waterloo, Warwick Business School, and Singapore Management University for further studies.

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BBA + MBA, Entrepreneurship & Family Business

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Fees and Financial Aid:

The total fees of Rs. 9,50,000 annually which is divided as:- Development fees of Rs. 1,42,000 Tution fees of Rs. 5,30,000 Other fees of Rs. 2,72,000 A security deposit of Rs. 5,000 A library deposit of Rs. 1,000

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