Ask the Experts

MBA Family Business Management

This 2-year MBA Family Business Management Course instils the spirit of entrepreneurship and at the same time train students in management expertise, solves key problems and increase family business structure globally. It is for those who want to run their family business.

The course helps entrepreneurs to remain updated with changes in competition and organization as a function of globalization, liberalization, and privatization. It also helps them adapt or find solution to keep their businesses afloat in any challenging environment.

What are the key objectives of the course?

  • Understand of the role of an entrepreneur
  • Develop a strategy and solutions to take their business ahead in the competition and for any challenges.
  • Understand the nature of global issues that impacts business like policies, competition, politics, etc
  • To gain knowledge on leadership ability and what takes to become effective leaders at different positions
  • Understand how to take their business global.
  • Extensive case studies both local and international
  • Well organized and up-dated course structure with all the characteristics of a family business
  • Students will be taught both core and elective subjects
  • Elective courses are offered in 2nd year
Course Overview
Course Level Postgraduate
Duration 2 Years
Eligibility Bachelors in any discipline/ entrance
Subjects PR and Advertising for Business, Managing Insurance, Tax Management, etc
Course fee 2-18 lacs
Job Profile Start-ups and Corporates, Managers, Entrepreneurs , etc.
Leading Recruiters Venture Storm, Linked in, AngelList, etc.
Average Salary Package 5-9 LPA

MBA Family Business Management Syllabus

MBA Family Business Management Syllabus
Case Writing Projects Family Business Management
Courses of Independent Studies Family relations during transition
Term End Integration - Selection of Directors & Board Members Business Environment and Strategy
Business Environment and Strategy Communication
Distribution & Logistics Management Economics
Building and Leading Sales Team The CEO Research Human Resource and Behavioural Sciences
Sustainable Innovations, Innovation, Change and Entrepreneur Finance
Valuation & Business Expansion Information System
Marketing Project – During Term End
Operations and Decision Sciences Compensation & Benefits
Inter-disciplinary learnings Market Analysis and value Creation
Seminar Courses/Workshop Enterprise Resource Planning
Innovation, Change and Entrepreneur Managing Franchises
Succession Planning models PR and Advertising for Business
Consumer Behaviour Managing Insurance
B2B marketing Tax Management
Digital marketing Auditing a Business Plan
Market Analysis and value Creation Entrepreneurial Finance

What is the Programme outcome of this course? On completion of the course, the graduate will be able to:

  • Grasp the knowledge and understanding of family-oriented businesses
  • Invent new business models & re-invent Family business models as knowledgeable owners of the business.
  • Develop and apply interpersonal and collaborative skills needed to effectively lead an organization.
  • Demonstrate through presentations to sell their ideas and prepare business plans that create value by mobilizing people and resources
  • Understand ethical issues related to owning a business and the responsibility towards both the investors and employees.

Scope in MBA Family Business Management

What is the scope of MBA FBM?

Since the programme focuses on family business students pursuing the course are already in their family business, placements are not generally offered after the completion of course. But, it is also open for anyone who is interested in starting their own businesses as an entrepreneur.

Graduates who wish to join a company they can work as:

  • Entrepreneur
  • Business Administrator
  • Accounts Manager
  • Sales Managers
  • New Venture Developers
  • Business Valuator
  • Banks and Financial Institutions
  • Start-ups and Corporates
  • Small Business Owners
  • Business Consultants

They can also work in management, engineering, or product development, before identifying an opportunity. Others run a small business on the side that grows over time, and which gradually shows the potential to become a serious business endeavour.

But if the business fails, the MBA degree will serve as a marketable credential, and help individuals find employment in the corporates.

Top Colleges for MBA Family Business Management

What are the Top Colleges for MBA Family Business Management in India?

Top MBA Family Business Management colleges in India

Rank College/University Annual Fees (INR)
01 CT University, Punjab 1,99,000
02 NMIMS, Mumbai 5,00,000
03 Sharda University, Greater Noida 2,60,000
04 Parul University, Vadodara 90,000
05 Amity university, Noida 2.65 lac
06 Alliance University, Bangalore 4,00,000
07 SVVV, Indore 82,000
08 Galgotia University, Noida 1,49,000
09 Praven dayal School of Entrepreneurship and Family Business, Mumbai 9,59,000
10 Nirma University, Gujrat 5,00,000

Top MBA Family Business Management colleges in Delhi

Rank College/University Annual Fees (INR)
01 Amity university, Noida 2.65 lac
02 Sharda University, Greater Noida 2,60,000
03 Galgotia University, Noida 1,49,000
04 Jamia Millia University 65,100
05 Delhi Technological University 1,66,000

Top MBA Family Business Management colleges in Pune

Rank College/University Annual Fees (INR)
01 ZIMCA 1,00,000
02 SIBM 4,63,000
03 JSIMR 1,00,000

Top MBA Family Business Management colleges in Bangalore

Rank College/University Annual Fees (INR)
01 Symbiosis Institute of Business Management 7,30,000
02 Jain University 4,95,000
03 Alliance University, Bangalore 4,00,000
04 MSRUAS 3,00,000

*Please note that the fees are subject to change. For further details please call us on 09743277777.

MBA Family Business Management Placements

MBA Family Business Management Placement departments take its roles religiously in training students according to requirements of the job, working with the students to find career of their interest and placing them successfully in top companies.

In case of students who want to join family business or start a company, then give them the necessary training required to achieve their desired goals. Average salary is 5-9 LPA.

What are the companies to recruit MBA Family Business Management graduates? Top companies to visit during the campus placement are: KPMG, Deloitte, ICICI bank, ZOHO, AT Kearney, Indusland Bank, Ernest & Young.

MBA Family Business Management

It is a 2 year programme that instils the spirit of entrepreneurship and at the same time train students in management expertise, solves key problems and increase family business structure globally.
A business actively owned or run by the same family members.
There are 2 types: structured definitions or businesses owned and controlled by members of single family and process where decisions are taken by one or more family units.
To get admission in MBA FBM, interested students should qualify bachelors’ degree from any stream with minimum aggregate marks. Also some colleges require entrance exam scores.

Ask The Experts

Looks good!
Please enter a valid name.
Looks good!
Please enter a valid Email.
Looks good!
Please enter a valid number.
Looks good!
Please provide course.