The Welingkar Post Graduate Programme in Family Managed Business combines cutting-edge research and innovative pedagogy in a unique curriculum. The program focuses on general management topics such as succession planning, family dynamics, business turnaround, and strategic performance. Students spend three days on an enterprise to learn the practical aspects of running a business. The programme aims to provide the student with the practical knowledge and skills they need to run their own family business.
The Post Graduate Programme in Family Managed Business at PJIMR is the first of its kind in the country. Family businesses in India are largely comprised of MSME firms and contribute significantly to the manufacturing output, national income, and employment in the country. The course enables family business owners to tap the strengths of their businesses and develop solutions to the unique challenges they face in the current environment. By learning about the dynamics and complexities of family-owned businesses, graduates will be able to maximize the potential of their business and attract the best professional talent to their companies.
As a part of the MBA programme, students are expected to gain an in-depth understanding of the fundamentals of business management and take on the role of CEO of a family-owned business. To ensure the success of these graduates, the programme offers students a personal mentoring relationship with a senior management team and a network of fellow alumni. During the programme, students will attend a luncheon with prominent family business leaders. They will learn from working professionals and will develop their leadership skills.
The Post Graduate Programme in Family Managed Business is the first in the country and equips future family business leaders with specific skills and competencies, thereby allowing them to seize the opportunities and meet the challenges of the family business environment. The PGP MFAB combines the theoretical and practical aspects of running a family business, equipping participants with key insights and management tools that will help them succeed in the next generation of family business leaders.
This program is based on innovative pedagogy, drawing from the latest research on global family businesses. It provides comprehensive knowledge of broad areas of general management, including succession, family dynamics, continuity planning, and strategic performance. The programme also includes three-day immersions in the business units of alumni. The immersion trips expose students to global family business scenarios and sharpen their creative thinking skills. In addition to this, students spend 3 days on field placements in their respective businesses, gaining first-hand knowledge of the day-to-day challenges of running family businesses.
A Post Graduate Programme in Family Managed Business will teach you to navigate complex family dynamics and navigate the generation gap. While traditional business training focuses on the management of large companies, the family business environment also demands that the next generation be engaged and involved. They must make decisions in a non-formal environment and be trusted to make the best decisions for the business and its members. However, if the next generation of family members is to be successful in their career, it is important to consider whether it is possible for them to work in a family environment.
As per the current estimates, over 85% of businesses in India are Family Managed Businesses. Similarly, over 67% of the companies listed on the stock exchange in India are also family businesses. Family businesses operate in many sectors, including retail trade, small-scale industries, and services. Therefore, a Post Graduate Programme in Entrepreneurship and Innovation in Family Managed Business offered by MKES Institute of Management Studies and Research aims to modernize and make family businesses more effective and successful.
The future scope of a Post Graduate Programme in Family Managed Business is broad. It enables future entrepreneurs to take over the family business or create their own venture. Moreover, candidates with the degree can take managerial positions in corporate houses, MNCs, and business houses. Besides, salaries are highly dependent on the type of work done. In general, the salaries for an accounts manager, business administrator, and financial controller are above four lakh.
The future of the Post Graduate Programme in Family Managed Business is also bright. It is critical to educate the next generation of the family business executives to become the next CEO, main board member, and trustee of a family foundation, or even chair the investment committee. The current education system in universities is inadequate to educate future owners of family firms. However, this is no reason to give up hope, as the future scope of these programmes is very bright.
Graduates from a PG Programme in Family Managed Business will have many options once they complete their studies. They may inherit their family's executive position or start their own firm. Those seeking employment with family businesses should have great communication skills, an entrepreneurial spirit, and strong IT foundations. Graduates of this course will also be able to work under high-stress conditions and manage their workload efficiently. They should also be aware of corporate rules and laws.
The course is a post-graduate qualification, and the applicant must have at least 60% aggregate marks in their 12th-std. Besides, the applicant must also possess a bachelor's degree, preferably in finance, commerce, or business management. However, graduates of STEM fields are allowed to enroll in the program as well. The course lasts for three years. Candidates should take a prestigious entrance exam to get admission into a top-rated B-school.
Post Graduate Programme in Family Managed Business
Graduate Degree in Related Stream From Recognized University
1 Years
Post Graduate
Syllabus of Post Graduate Programme in Family Managed Business
| S.No | Subjects |
| 1 | Functional Areas of Business |
| 2 | Understanding Macroeconomic Business Environment for Family Managed Businesses |
| 3 | Dynamics of Family Managed Businesses |
| 4 | Business Financing & Valuation and Venture Capital Funding |
| 5 | Understanding Entrepreneurship |
| 6 | Design Thinking & Innovation |
| 7 | Taking One’s Business Global |
The Welingkar Post Graduate Programme in Family Managed Business combines cutting-edge research and innovative pedagogy in a unique curriculum. The program focuses on general management topics such as succession planning, family dynamics, business turnaround, and strategic performance. Students spend three days on an enterprise to learn the practical aspects of running a business. The programme aims to provide the student with the practical knowledge and skills they need to run their own family business.
The Post Graduate Programme in Family Managed Business at PJIMR is the first of its kind in the country. Family businesses in India are largely comprised of MSME firms and contribute significantly to the manufacturing output, national income, and employment in the country. The course enables family business owners to tap the strengths of their businesses and develop solutions to the unique challenges they face in the current environment. By learning about the dynamics and complexities of family-owned businesses, graduates will be able to maximize the potential of their business and attract the best professional talent to their companies.
As a part of the MBA programme, students are expected to gain an in-depth understanding of the fundamentals of business management and take on the role of CEO of a family-owned business. To ensure the success of these graduates, the programme offers students a personal mentoring relationship with a senior management team and a network of fellow alumni. During the programme, students will attend a luncheon with prominent family business leaders. They will learn from working professionals and will develop their leadership skills.
The Post Graduate Programme in Family Managed Business is the first in the country and equips future family business leaders with specific skills and competencies, thereby allowing them to seize the opportunities and meet the challenges of the family business environment. The PGP MFAB combines the theoretical and practical aspects of running a family business, equipping participants with key insights and management tools that will help them succeed in the next generation of family business leaders.
This program is based on innovative pedagogy, drawing from the latest research on global family businesses. It provides comprehensive knowledge of broad areas of general management, including succession, family dynamics, continuity planning, and strategic performance. The programme also includes three-day immersions in the business units of alumni. The immersion trips expose students to global family business scenarios and sharpen their creative thinking skills. In addition to this, students spend 3 days on field placements in their respective businesses, gaining first-hand knowledge of the day-to-day challenges of running family businesses.
A Post Graduate Programme in Family Managed Business will teach you to navigate complex family dynamics and navigate the generation gap. While traditional business training focuses on the management of large companies, the family business environment also demands that the next generation be engaged and involved. They must make decisions in a non-formal environment and be trusted to make the best decisions for the business and its members. However, if the next generation of family members is to be successful in their career, it is important to consider whether it is possible for them to work in a family environment.
As per the current estimates, over 85% of businesses in India are Family Managed Businesses. Similarly, over 67% of the companies listed on the stock exchange in India are also family businesses. Family businesses operate in many sectors, including retail trade, small-scale industries, and services. Therefore, a Post Graduate Programme in Entrepreneurship and Innovation in Family Managed Business offered by MKES Institute of Management Studies and Research aims to modernize and make family businesses more effective and successful.
The future scope of a Post Graduate Programme in Family Managed Business is broad. It enables future entrepreneurs to take over the family business or create their own venture. Moreover, candidates with the degree can take managerial positions in corporate houses, MNCs, and business houses. Besides, salaries are highly dependent on the type of work done. In general, the salaries for an accounts manager, business administrator, and financial controller are above four lakh.
The future of the Post Graduate Programme in Family Managed Business is also bright. It is critical to educate the next generation of the family business executives to become the next CEO, main board member, and trustee of a family foundation, or even chair the investment committee. The current education system in universities is inadequate to educate future owners of family firms. However, this is no reason to give up hope, as the future scope of these programmes is very bright.
Graduates from a PG Programme in Family Managed Business will have many options once they complete their studies. They may inherit their family's executive position or start their own firm. Those seeking employment with family businesses should have great communication skills, an entrepreneurial spirit, and strong IT foundations. Graduates of this course will also be able to work under high-stress conditions and manage their workload efficiently. They should also be aware of corporate rules and laws.
The course is a post-graduate qualification, and the applicant must have at least 60% aggregate marks in their 12th-std. Besides, the applicant must also possess a bachelor's degree, preferably in finance, commerce, or business management. However, graduates of STEM fields are allowed to enroll in the program as well. The course lasts for three years. Candidates should take a prestigious entrance exam to get admission into a top-rated B-school.
Post Graduate Programme in Family Managed Business
Graduate Degree in Related Stream From Recognized University
1 Years
Post Graduate
Syllabus of Post Graduate Programme in Family Managed Business
| S.No | Subjects |
| 1 | Functional Areas of Business |
| 2 | Understanding Macroeconomic Business Environment for Family Managed Businesses |
| 3 | Dynamics of Family Managed Businesses |
| 4 | Business Financing & Valuation and Venture Capital Funding |
| 5 | Understanding Entrepreneurship |
| 6 | Design Thinking & Innovation |
| 7 | Taking One’s Business Global |
