Family Business Management & Entrepreneurship

MBA Family Business and Entrepreneurship courses are offered by many top MBA institutes to give rise to entrepreneurship ventures and to increase and modernize the family business to make it a successful and growth-oriented enterprise. ‘Make in India’; ‘Start-Up India’ could be an incredible success, if more and more graduates after finishing their MBA in family Business management and Entrepreneurship, resorted to Entrepreneurship projects and indulge to enhance the Family Business as opposed to running after major placement packages. 

MBA Family Business Management Program gives the possibility to the scholars to in addition extend and strengthen their family enterprise and additionally to venture into entrepreneurship with innovative ideas upon getting the right grooming and skills on completion of their MBA Family Business and Entrepreneurship Program. 

In the rapidly changing enterprise environments and economies, the next generation of enterprise owners needs to address the uncertainty and volatility of the business world effectively. To cater to the requirements of this group, many top B-schools provide an MBA Family Business and Entrepreneurship Program that is mainly designed to assist meet the needs of the following generation of family business owners.

Family-owned businesses play an important function in the economic system of a country. According to EY India, it is envisioned that globally family businesses make contributions around 70%–90% of the worldwide GDP. Even India is also not an exception to this fact.

In India, Family-run enterprises account for more than 85% of businesses. Additionally, 67% of overall indexed organizations with market capitalization notably more than US$50 million each, account for family enterprises in India. Apart from conglomerates like Reliance and Godrej, a variety of retail trade, small-scale industry, and service sectors are run by family businesses.

MBA in Family Business and Entrepreneurship, Eligibility Criteria:

The eligibility standards for admission to MBA in Family Business Management and Entrepreneurship vary according to various institutes. The common requirements for this course consist of graduation.

Some institutes might also additionally require previous professional experience; some institutes relax the experience standards for enterprise owners. However, a professional experience of 4-five years provides plenty of value to the application.

Courses of MBA in Entrepreneurship & Family Business

MBA in Entrepreneurship & Family Business Courses in India that are offered by IIM Bangalore, NMIMS Mumbai, S P Jain, Nirma University, EDII among others institutes have more or less the same program’s design and layout.

Since MBA programs in Entrepreneurship & Family Business provide key benefits like grooming entrepreneurship and management skills, freshers in addition to working professionals earn this degree every year with the goal to improve and enhance their career possibilities and position themselves for success in their family enterprise.

Top MBA Colleges that offer MBA Family Business Courses

Also known as MBA in Entrepreneurship & Family Business Programmes, they are offered by many colleges. Some of the best MBA colleges that extend courses in Family Business Management in India are IIM Bangalore, S P Jain, Nirma University, NMIMS Mumbai, EDII among others, they are also among some of the best MBA in entrepreneurship colleges in India.