Monday, August 11, 2008

MBA (Family Managed Business) programme – Career in Family Business

Introduction to Family Business Management:
Family Businesses make numerous and critical contributions to the economy both in terms of money income and such intangibles as time, flexibility, control and personal expertise. Family businesses add the realities of family life to traditional business ethos, expanding the range of issues, personalities, needs and potential solutions for each decision. Knowing something about family types, communication patterns, managerial styles and the amount of support members can expect from their families, may be as important to entrepreneurs as knowing how to reach a market or managing cash flows. The Family Managed Business (FMB) programme has a custom designed architecture reflecting the central theme of preparing the participant for leadership of his/her family business. The architecture adopted focuses on the objectives and pedagogy for fulfilling the theme.

Objectives of the course:
1. To further understand, growth and development of responsible family-owned business.
2. Celebrate the importance of family enterprises in our economy and our society.
3. To prepare next generation family business leaders for their unique leadership roles.
4. To increase the survival rate of mature family-owned businesses by focusing on opportunities inherent in these enterprises

Eligibility:
The FMB Programme is open to graduate family members.

Career Options:
Candidates completing this course can join their own family business or start their own business

Cost of Course:
The cost of the course ranges from Rs.1,00,000/ to Rs.5,00,000/
Institutes/ Colleges:
1. SP Jain Institute of management and Research
2. Narsee Monjee Institute of Management Studies

Institutes/ Colleges/ Academy:
MBA (Family Managed Business) programme comparison
Educircle team has prepared a comparison of various colleges offering : MBA (Family Managed Business) course in India. This should serve as a guide to candidates who wish to pursue their career in Family Business.
Following institutes are included in our latest comparison:
1. SP Jain Institute of management and Research
2. Narsee Monjee Institute of Management Studies

Click on the image below to read the comparison table:

MBA - Family Business