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MBA in Family Managed Business

Course Overview

  • D.Y. Patil Deemed to be University has evolved and designed a Program that would help aspiring Family Business and Entrepreneurs create and develop their new-age leaders who have the skill sets and competencies required to navigate a volatile, uncertain, complex, ambiguous, and disruptive environment.
  • MBA in family managed business course is designed for "next in line" and "future generation" leaders who desire to build and grow their businesses as well as build new ones.
  • The course is intended for the next generation of family scions who are contemplating growing and building family businesses as well as starting a new entrepreneurial venture.
  • It will address aspects of the management and transition of a family-controlled enterprise.

Course Highlight

  • Student will Develop a global perspective
  • Learn practical methods to transform the business through management and technology
  • Be logically excited to contribute to the family business
  • Create a comprehensive executable three-year business plan
  • Understand the role within the context of family business
  • Student will gain valuable insights like Managing resources, Defining new business initiatives, Managing conflict, Nurturing effective business and family relationships, Developing long-term customers and Maintaining ownership control

Program Outcomes

  • The Program aims at creating a new mindset and business outlook for family-managed businesses.
  • Gain financial proficiency to Run your Own Business
  • Growth Hacking by using new age Digital Sales, Marketing, Logistics, Supply Chain & Distribution Tools using Analytics
  • Get up to speed with GST, TDS, Labour Law Compliances
  • Manage Self and Teams, Get your way through effective Business and Leadership Communication
  • Learn to innovate, think differently, create, and help family in Succession Planning. Design thinking skills to innovate family Business.

Scope of Program

  • Students with MBA Family Business Management can work as accounts manager, business administrator or finance manager in any leading MNC
  • Students who want to pursue further studies can opt for PhD in the same field. PhD in the same course will brush up the knowledge of a student and will develop a more research thinking.
  • After MBA Family Business Management, students can also work as a lecturer or assistant professor in any academic institute or educational hub by appearing for NET.
  • Someone willing to start a new business venture can opt for it or they can continue to run their family business successfully.
  • Business owner and entrepreneurs will gain a more of a holistic viewpoint to reach to next milestone in their business.

Key Features

  • Programme specifically designed for next family business owners as well as aspiring entrepreneurs
  • Field courses that provide students with hands-on experience to understand competitive strategies and business models
  • Offers specialisation in family business or entrepreneurship
  • This program equips the students with all the much needed skillsets and understanding which is required to navigate the scope this industry.
  • Better understanding about business operations and have the ability to change the challenges into opportunities and can take business decisions in the most effective and efficient way.

Syllabus

Click Here For Syllabus

Internship

  • Candidate can gain real-time industry exposure
  • Engage with senior executives and leaders
  • Build an exposure to the application of management
  • Understand diverse processes followed by leading Indian and global industries
  • Gain valuable insights that can be applied to your family businesses
  • Consolidate strong and long-lasting relationships

Placement Opportunities

MBA Family Business Management Placement departments take its roles religiously in training students according to requirements of the job, working with the students to find career of their interest and placing them successfully in top companies. In case of students who want to join family business or start a company, then give them the necessary training required to achieve their desired goals.

More Details

Eligibility

  • Minimum 50% at Graduation
  • Bachelor’s Degree from a recognized University

Course Duration

MBA in family managed business is a full-time, two-year program.

Fee Structure

INR 9 Lakhs per year.

Mode of Payment

  • After the step of successful document verification and allocation of seat to the desired course, the following modes of payment can be adopted.
  • Initial payment of first Semester Tuition Fees (50%) needs to be paid through either RTGS/NEFT/IMPS mode.
  • The students can also pay in the form of a Demand Draft drawn in the name of the course or through cheque payment.
  • The students shall be issued online receipts after the deposition of the Tuition fees (Semester 1)
  • In case of any discrepancies, the students should visit the Centralised Admissions Office