MBA in Family Business Management

MBA in Family Business Management

MBA in Family Business Management

Indian economy comprises of more than 70% of the family businesses. The importance of this sector cannot be overlooked and Family business management has its own challenges like succession planning; most of the family business does not have a succession plan. Employees working in family business will have the temptation to leave the company and join where the incentives are higher.

Students who want to join their Family business after completing MBA can brush up their skills for taking their family businesses on to the next level. An MBA in Family Business introduce students to the key management area to create opportunities and challenges which are unique to the businesses that run by families. This will allow students to explore more and analyze the upcoming challenges in the business and practice the best management for family businesses.

Family businesses are full of challenges which are threats to their existence or continuity, but if managed efficiently and effectively can remove all risks.

There are differences in Regular MBA program & MBA in family Business Management program:-

MBA Creates Mangers / employees where as MBA in Family Business creates employers.
MBA trains students to handle job in corporate and Big Business houses where as MBA in family Business trains students to take part in their own family business and grow the business.
MBA graduates are most likely to handle one functional area i.e. operations, marketing, HR or finance where as MBA in Family Business students understand the overall working of the business as they are the owner of the Business.
MBA provides the general knowledge and understanding about the business and organizations where as MBA in Family Business student understands his own business.
No MBA Graduates takes the major decision in the business where as MBA in Family Business Graduates takes each important decision every day for their own business.

MBA in Family Business does not only help the students who aspire to work in family businesses but also who want to start their own business. MBA in Family Business are more beneficial to the women who are taking participation in family businesses.

In India, some institutions offer MBA in Family Business Management for the future entrepreneurs and leaders.

THE INDIAN SCHOOL OF BUSINESS (ISB)

Alliance University

Amity Business School

Hindustan University

Nirma University

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Comments

0 # Vivaan Older than three months
Hello, i have completed 12th with 92% marks, now i want to take admission in best engineering college in Nalgonda, plz share the list
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0 # Pallavi Older than three months
Hii, You secured very good percentage, you can get best engineering college, plz check here Engineering in Nalgonda
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0 # Nishith Older than three months
Hii, I am from Dungarpur, I want to do M.Ed, but I have not B.Ed, is it possible?
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0 # Shruti Older than three months
No NCTE approved M.Ed colleges/universities in Dungarpur or any other place admit the students only after B.Ed
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0 # Tushar Older than three months
I am from Sidhi, I have scored 82 percentile in CAT this year. Please let me know the colleges where i can get admission
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0 # Shruti Older than three months
Hii, for finding it you can go through mock counselling , please visit here- mock counselling, you can also get good college in Sidhi.
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0 # Tushar Older than three months
Hello, I have done B.Sc Honors in Mathematice, am I eligible for MBA, if yes plz suggest MBA colleges in Fatehgarh
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0 # Mukesh Older than three months
Yes, you are eligible for MBA, any graduate can do MBA if one have maths in 12th, find the list of MBA colleges in Fatehgarh here- MBA in Fatehgarh
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0 # Aarush Older than three months
I am from Mandsaur, I am looking forward to make career in engineering, Please tell me about the eligibility criteria for best engineering colleges.
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0 # Pallavi Older than three months
hello, if you want to take admission in best engineering college in Mandsaur, you should clear JEE Main exam, or I fyou want to get admission in IITs you should clear JEE Advanced and for admission you should have Physics, chemistry and maths in your 12th or equivalent
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0 # Aarush Older than three months
Hii, plz suggest me What higher studies options are available after completion of MBBS in Banaskantha?
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0 # Shruti Older than three months
On completion of MBBS, for being specialised in a specific field, candidate will have to take up MD or MS course in Banaskantha with appropriate specialization.
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0 # Tushar Older than three months
I am from Mahamaya Nagar, I have scored 82 percentile in CAT this year. Please let me know the colleges where i can get admission
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0 # Shruti Older than three months
Hii, for finding it you can go through mock counselling , please visit here- mock counselling, you can also get good college in Mahamaya Nagar.
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0 # Rohan Older than three months
I belong to Chitradurga, plz tell me As per 2016 ranking, which is the best MBBS college in India
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0 # Jagan Older than three months
The first position is held by Delhi AIIMS, followed by Vellore’s Christian Medical College, AFMC, Pune, Maulana Azad Medical College, Delhi and the fifth position is held by the GGMC & SIR J.J. Hospital in Mumbai, you can also find some good colleges in Chitradurga- Basaveswara Medical College and Hospital
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0 # Tushar Older than three months
Hii, I am from ROMPICHERLA X ROADS, I want to do M.Ed, but I have not B.Ed, is it possible?
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0 # Mukesh Older than three months
No NCTE approved M.Ed colleges/universities in ROMPICHERLA X ROADS or any other place admit the students only after B.Ed
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