MBA in Family Business & Entrepreneurship programme is designed for next generation family business owners striving to grow their business and aspiring entrepreneurs seeking to create value, generate employment and wealth. The curriculum provides exposure to students with respect to significant facets and intricate nuances of family business management. In line with start-up India movement, the programme also nurtures young students with required skills and knowledge and enabling eco-system. The programme consists of a perfect blend of classroom teaching, case studies and experiential learning pedagogies like role play, simulations and field-based courses. The field courses involving summer internship for budding entrepreneurs, domestic and international industrial visits, and business plan provide students with hands-on experience to visualize disruptive business models, develop winning strategy and pioneer innovative start-ups.
The programme aims at:
To know more about eligibility & admission procedure
This Programme is targeted towards two distinct audiences:
Distinctive Features:
PO1: Apply knowledge of management theories and practices to solve business problems.
PO2: Foster analytical and critical thinking abilities for data-based decision making.
PO3: Ability to develop value-based leadership ability.
PO4: Ability to understand, analyze, and communicate global, economic, legal, and ethical aspects of business.
PO5: Ability to lead themselves and others in the achievement of organizational goals, contributing effectively to a team environment.
PSO 1: Demonstrate ability to create and scale entrepreneurial ventures through sustainable value creation.
PSO 2: Develop strategies for growth, governance and succession in family businesses through innovation.
The curriculum of the Programme is developed on the basis of in-depth interactions with family businessmen, entrepreneurs and subject experts and consists of compulsory and elective courses. The compulsory course package provides the students with the foundation of a business.
The programme is spread over two academic years. An academic year is divided into three terms of about twelve weeks each. The first three terms consist of compulsory (foundation) courses, while the next three terms consist of mostly elective courses offered in two streams of specialisation: (a) Entrepreneurship (MBA in Entrepreneurship), and (b) Family Business Management (MBA in Family Business Management). The curriculum also includes 4 weeks? duration summer internship where the students are required to work in an organisation on a real management problem. The summer internship is scheduled during summer break at the end of the first year of the programme. The students are also required to prepare a Business Plan in the second year. Besides, they are required to undertake an industry visit either in India or abroad and prepare a report on their visit.
Duration: 2 years
Duration of a Term: 11-12 Weeks (approximately)
One Credit Hour: 10 hours of classroom contact hours
(10 Sessions of 60 minutes each)
Session Duration: 60 minutes each
Credits Requirements: 105 Credit
Numbers of Terms: 6 Terms
Total Contact Hours: 1050 (105*10)
Summer Internship: 8-10 Weeks duration compulsory for Entrepreneurship specialization
Field Courses:
(1) Business Plan (Compulsory course) ? 3.0 credits
(2) Industrial Orientation/Visit (Compulsory course) ? 1.5 credits
Programme Structure:
First Year ? 54 credits
? Core Courses : 54 credits
Second Year ? 51 credits
? Field Courses : 4.5 credits
? Specialization Elective Courses : 46.5 credits
Areas of Specializations:
(1) Family Business Management
(2) Entrepreneurship
Specialization: At least 18 credits of electives in a Specialization
The main pedagogical methods are lectures, case studies and project works. They are supplemented and complemented by role plays, simulations, syndicate discussions, etc. The actual mix varies with the nature of a course. Elective courses on the other hand are offered in the second year with objective to specialisation either in Family Business Management or Entrepreneurship.