From my experience, I got interested in the PGDM programme at GIBS because it offers a good mix of studies and practical learning. The classes are interactive, the faculty are supportive, and we also get a lot of exposure through events, workshops, and corporate sessions. The campus vibe is really p
MBA in Family Business Syllabus 2025: Subjects, Semester-wise Syllabus PDF, Top Colleges, Books

Pallavi Priyadarshini PandaContent Writer
MBA in Family Business programme is designed with an immersive and case-based learning approach that combines administrative, entrepreneurial, and technical abilities. The course expands the vision of the candidates and enhances their leadership and problem-solving skills required in the business world. It also encourages the qualities of a true leader within them. Students can pursue MBA in Family Business Management or Postgraduate Diploma in Family Business to meet their career objectives and business requirement.
This programme is beneficial for people who want to expand their family business. In a period of globalisation, modernisation, and commercialisation, the MBA in Family Business Management programme aids entrepreneurs in keeping updated with competitive and management changes.
MBA in Family Business Important Facts
The important points related to MBA in Family Business are given below:
Eligibility- Interested students must have graduated with a minimum of 50% aggregate marks from a recognised university or college. They must have submitted the required documentation and declarations in the approved manner regarding their knowledge of their family business. This programme is also offered to students in their final year of graduation.
Admission Process- On the basis of the documents presented by the interested students, applications are assessed and eligibility is determined. Eligible students also need to appear in the entrance tests held at the national or university levels and get good scores. They also need to appear in group discussions and personal interviews depending on the admission procedure followed by the colleges.
Who Should Attend-This programme is planned for entrepreneurs and those running family businesses. The participants of this course should be graduates and possess five years of work experience. If the participant is the owner of a business, the work experience criteria are relaxed.
Learnings- The desirous students will learn valuable entrepreneurship skills needed to run a respectable business. Also, it will help them in becoming potential leaders. It will also assist them in building strategic thinking, vision, and commercial acumen while improving their electronic information analysis ability.
Curriculum-The syllabus of the MBA in Family Business is divided into four semesters. In the first three semesters, students will gain in-depth knowledge about topics related to management and businesses, while in the fourth semester, students will go for an Industry internship/ Entrepreneurial Venture Foundation/Business Expansion.
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MBA in Family Business Overview
MBA in Family Business Syllabus
Every semester of the MBA programme in Family Business consists of a combination of General Core, Programme Core, and Ability Development courses. This guarantees that students gain a comprehensive understanding of both core principles and application-oriented learning in the subject of family company and entrepreneurship in general.
Semester-1 |
|
---|---|
Subject |
Details |
Business Finance |
In this, students learn the fundamentals of running its affairs in a world dominated by the flow of money. They learn about the basic accounting principles to the foundations of financial management. |
Organisational Behaviour |
This course provides an overview of the micro and macro dimensions of human behaviour from an individual, group, and organisational standpoint. |
Marketing Management |
It teaches the fundamental concepts of marketing and its importance in the business world to the students. |
Design Thinking for Innovation |
This course allows the application of fundamental design thinking ideas to create new solutions to business difficulties from a more human-centric perspective. |
Family Business Management |
This course provides an in-depth overview of the principles of establishing and running a family business, as well as an outline of its governance concerns, issues, and effective operation techniques. |
Data Visualisaton |
This course introduces the value of information and how it can be used to make business decisions by utilising some of the most powerful data analysis technologies. |
Decision Analysis |
This is an introductory course that integrates the essential disciplines of statistics and data science to help the analytical decision-making process that is at the heart of every organization. |
Business Economics |
Students learn about business's interwoven function in the greater context of the business environment in which it works. It assists them in understanding what issues may have an impact on their future business and ways for mitigating them. |
Semester-2 |
|
---|---|
Subject |
Details |
Legal Aspects of Business |
The course covers the legal aspects of business as well as the necessary needs for its creation and operation. It teaches the legal systems and their applications in real-world circumstances. |
Introduction to Business Analytics |
The program includes the data-driven decision making through brief courses on financial analytics, digital marketing, human capital management, and operations analytics, among other topics. |
Human Resource Management |
It deals with the management of talents hired to enhance their performance and improve their contribution towards the company. |
Sales Management for Family Business |
It describes the full process of hiring, training, and analysing sales teams, as well as supervising and eventually reaching their potential, as well as managing dealer and distribution networks. |
Private Equity and Venture Capital Financing |
Students will learn how to obtain financial resources to fund their excellent ideas, new projects, or infuse fresh funds into their existing family company organisation. |
Corporate Entrepreneurship |
This topic is for corporate entrepreneurs. It teachers how to generate new business concepts and explore unique and creative solutions within the confines of existing family owned business. |
Succession and Leadership in Family Business Organisations |
This course examines the significance of succession planning in family businesses. The course addresses the background of Family Business Leadership and its challenges in both passing the baton and taking on the mantle, |
Personal Branding |
The concept of personal branding is introduced in this course. It is a must-have for both potential entrepreneurs and Next Gen family company leaders looking to build networks and contacts in the business ecosystem. |
Semester-3 |
|
---|---|
Subject |
Details |
Family Business Growth, Success and Learnings |
This program focuses on the learnings and great experiences of remarkable family businesses. |
Managing Finances in Family Business |
This course provides an in-depth overview of how to handle the finances of a family business, which can be a key difficulty for most firms in this field. |
Electives |
--------- |
Semester-4 |
|
---|---|
Subject |
Details |
Internship |
In the final semester, in which the learnings of the programme are applied into the real business world. The three types of internships are Industry internship/Entrepreneurial venture internship or Family Business internship. |
Some of the elective subjects from which students need to choose to gain specialisation and in-depth knowledge of the subjects are mentioned in the table below:
Elective Subjects |
|
---|---|
Subjects |
Details |
Site Administration and Control |
Administrative controls are one type of control measure that considers training, practice, strategy, or shift designs to reduce the risk of a hazard to an individual. |
Private Public Partnership (PPP) |
A PPP, or public-private partnership, is a long-term arrangement between a national or municipal government and a private enterprise. |
Advances in Project Management |
Project management is the process of managing a team's effort to fulfil all project goals within the limits set. |
Project and Infrastructure Finance |
Project financing is commonly utilised for huge infrastructure projects such as roads and bridges, as well as oil and gas and renewable energy projects. |
Corporate Real Estate Management |
For many years, corporate real estate management in diverse companies has been predicated on transactions that are focused on decreasing expenses in the short term. |
Real Estate Investments and Finance |
Real Estate Finance and Investment is intended for real estate professionals who want to expand their understanding of finance and valuation. |
Big Data Analytics |
Big data is a term used to describe data sets that are too large or too complex for typical relational databases to capture, manage, and process with low latency. |
Digital Transformation Management |
The process through which corporations embed technologies into their operations to promote fundamental change is known as digital transformation. |
MBA in Family Business Books and Authors
Some of the important books for MBA in Family Business subjects are:
Book |
Author |
Details |
---|---|---|
Before You StartUp |
Pankaj Goyal |
Starting a business is not an easy task. It requires planning. This preparation is about understanding your "why," producing and testing business ideas, assembling your founding team, communicating with your family, and managing your career and finances. It is all about psychologically preparing to begin. This book will help in finding those answers. |
The Personal MBA |
Josh Kaufman |
The Personal MBA provide students with easy mental models for each subject that is critical to commercial success. This book distils everything they need to know to compete with MBA graduates, from the fundamentals of goods and marketing to the intricacies of teamwork and systems. |
Business Communication |
N. Gupta |
This book is a revised version designed according to the latest syllabus for MBA. It provides knowledge on opinions, beliefs, time management and organisational communication. |
MBA in a book |
Joel Kurtzman |
MBA in a Book is a concise, jargon-free reference to the basic curriculum of an MBA programme, showing how to learn the big ideas of business and apply them in a practical way to establish and increase career success. |
Business Law |
N D Kapoor |
This book talks about fundamental principles of Business law and how they affect any company. |
MBA in Family Business Entrance Exams
Some of the common entrance exams for admission to management colleges are:
CAT- The Common Admission Test (CAT) is a national entrance assessment for India's 20 IIMs and over 1,200 business schools. The three sections of this entrance exam are
- Reading and Verbal Comprehension (VARC)
- Logical Reasoning & Data Interpretation (DILR)
- Quantitative Ability (QA)
MAT- The All India Management Association administers the Management Aptitude Test (MAT), a national admissions exam for MBA/PGDM admissions (AIMA). AIMA conducts the admission exam in three modes: computer-based test , paper-based test, and internet-based test.
GMAT- The Graduate Management Admission Council (GMAC) administers the Graduate Management Admission Test (GMAT) to MBA and other graduate students (GMAC). The GMAT is an online, computer-based examination.
CMAT- The Common Management Admission Test (CMAT) is administered by the National Testing Agency and is used to enrol applicants in MBA programmes at over 1,000 Indian colleges and universities (NTA). NTA holds CMAT entrance tests in Computer Based (CBT) modality across the country each year.
NMAT- GMAC administers the NMAT (National Management Admission Test) for MBA admissions at NMIMS University and other major management institutes. NMAT is administered by the Graduate Management Admission Council (GMAC).
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Top Exams for MBA in Family Business
MBA in Family Business Distance Programme
The distance programme assist entrepreneurs, corporate venturing managers, start-up businesses, and others who work in entrepreneurship environments in learning what they need to develop ideas into productive enterprises, as well as how to increase possibilities in their companies, organisations, and regions.
In the distance programme, participants will be exposed to the material, context, and connections that enable entrepreneurs to build and launch successful new enterprises based on revolutionary technology through lectures by senior academics and live case studies with successful entrepreneurs.
Students who have completed their bachelor’s degree from any recognised university or an equivalent degree recognised by UGC with 40 per cent marks are eligible to apply for this programme.
Distance learning programme enable the candidates to complete the course at their own pace. They can purse distance programme from:
- IGNOU
- DY Patil University
- NMIMS
- LPU
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FAQs About MBA in Family Business
Q. Can a student pursue PhD after completing MBA in Family Business?
Q. Which companies hire MBA in Family Business graduates?
- Infosys
- HDFC Bank
- IndusInd Bank
- Hindustan Unilever Ltd.
- Nokia
- KPMG
- Whirlpool
Q. What are the skills required to pursue MBA in Family Business?
Q. What are the eligibility criteria for MBA in Family Business?
Q. What are the eligibility criteria for MBA in Family Business?
Q. What is the duration of MBA in Family Business?
Q. Which are the top colleges offering MBA in Family Business?
- Indian Institute of Management, Bangalore
- Institute of Management, Nirma University, Ahmedabad
- Jamia Millia Islamia, Delhi
- Indian School of Business, Hyderabad
- Amity University, Mumbai
- SP Jain Institute of Management and Research, Mumbai
Q. What are the main job profiles after MBA in Family Business?
Q. What are the main subjects in MBA in Family Business syllabus?
- Business Finance
- Organisational Behaviour
- Marketing Management
- Human Resource Management
- Sales Management for Family Business
- Corporate Entrepreneurship
Q. What is the scope of MBA in Family Business?
Q. What is the average salaries for various positions after MBA in Family Business?
- Popular MBA in Family Business Colleges in India
- Popular Private MBA in Family Business Colleges in India
- Popular Exams
- Popular MBA in Family Business Specializations
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Popular MBA in Family Business Colleges in India
Popular Private MBA in Family Business Colleges in India
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Popular Exams
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Popular MBA in Family Business Specializations
Popular Specializations
- Family Business
75 Colleges
- Entrepreneurship
42 Colleges
- Finance
40 Colleges
- Human Resources
40 Colleges
- Sales & Marketing
40 Colleges
- Operations
29 Colleges
- International Business
28 Colleges
- IT & Systems
27 Colleges
- Supply Chain
21 Colleges
- Rural Management
20 Colleges
Most Popular Courses
Popular Courses
- MBA in Family Business and EntrepreneurshipInstitute of Management, Nirma University
- Post Graduate Diploma in Management (PGDM)Calcutta Business School
- Post Graduate Diploma in Management (PGDM)I Business Institute
- Master of Business Administration (MBA)KLS Institute of Management Education and Research
- Master of Business Administration (MBA)S.B Patil Institute of Management, Pimpri Chinchwad Educations Trust's
- Master of Business Administration (MBA)Sai Balaji International Institute of Management Sciences
- Post Graduate Diploma in Management (PGDM)Delhi School of Business
- MBA in FinanceLM Thapar School of Management
- Master of Business Administration (MBA)Shri Ramswaroop Memorial University
- Master of Business Administration (MBA)MET League of Colleges, Bhujbal Knowledge City, Nashik
News & Updates
Student Forum
Answered 18 hours ago
Yes, internships are offered to full-time MBA students of Johns Hopkins – Carey Business School. In the summer of 2022, 97% of students seeking an internship accepted one. The average hour internship rate was $37.97. The organizations that hired the full-time MBA summer interns were Abbott, Amazon
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Answered 18 hours ago
53.7% of students accepted a job through a school-facilitated activity. This includes career-center activity, career-job posting, scheduled interview, school network / resources, school facilitated conversion of internship, and others.
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Answered 20 hours ago
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Answered 6 days ago
Yes, I chose GIBS Bangalore for my business education because it gives the right mix of academics, practical learning, and industry exposure. The campus has a positive environment, supportive faculty, and many opportunities like internships, workshops, and live projects.
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Answered 6 days ago
International students who desire to study MBA in Poland, English language requirement is an important admission requirement for these students. Universities in Norway accepts English proficiency scores as proof. Students can refer to the table below to know more about minimum score details:
University | English Proficiency Exam |
---|---|
University of Oslo | IELTS- 6.5 or above PTE- score of 90 or higher PTE- 62 or higher |
Norwegian University of Science & Technology | |
University of Stavanger | |
Norwegian School of Economics | IELTS- Score of 6.5 |
Nord University | IELTS- 6.5 or higher TOEFL- 90 or higher |
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Answered a week ago
The top industries for Boston University MBA graduates are given below in descending order:
- Health & Life Sciences 22%
- Consulting Services 18%
- Financial Services 13%
- Technology 12%
- Energy 11%
- Retail 6%
- Non-Profit 5%
- Manufacturing 5%
- Government 2%
- Real Estate 2%
- Transportation & Logistics 1%
- Education 1%
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Contributor-Level 10
Answered a week ago
Common entrance exams accepted for MBA/PGDM admissions in India include CAT, XAT, MAT, CMAT, SNAP, and NMAT, along with state-level exams like MAH-CET and TANCET. International exams like the GMAT and GRE are also an option for programs with international affiliations. Candidates should check the sp
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Answered a week ago
The total fee for the PGDM programme at GIBS Bangalore is approximately ?12.5 Lakhs, including a ?50,000 admission fee and ?10.75 Lakhs for the course itself. The BBA programme at GIBS has a total fee of approximately ?4.60 Lakhs. Scholarship opportunities are available based on academic performance
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Answered a week ago
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Answered a week ago
For Indian students planning to study MBA in Europe, it might be a bit expensive as the 1st year tuition fee of the top universities ranges from INR 20 L – INR 1 Cr. Students can refer to the table mentioned below to know more about the specific requirements of each university:
University | Annual Tuition Cost | Annual Cost of Living |
---|---|---|
INR 38 L - 86 L | INR 28 L - 34 L | |
INR 21 L - 70 L | INR 24 L | |
INR 65 L - 83 L | INR 12 L - 15 L | |
INR 39 L - 78 L | INR 20 L - 24 L | |
INR 42 L - 47 L | INR 20 L - 24 L | |
INR 64 L | INR 30 L | |
INR 18 L - 72 L | INR 20.5 L | |
INR 31 L - 94 L | INR 20 L | |
INR 27 L - 71 L | INR 21 L | |
INR 33 L - 73 L | INR 10 L - 17 L |
K
Contributor-Level 10
Answered a week ago
There are several countries in Europe that offer affordable MBA programs for Indian students. Some of the cheapest countries to pursue MBA in Europe are mentioned below:
Country | Annual Tuition Cost |
---|---|
Germany | Public universities do not charge any tuition fee Private universities: INR 10 L - 25 L |
Norway | INR 6 L - 28 L |
France | INR 22 K - 21 L |
K
Contributor-Level 10
Answered a week ago
IELTS is considered one of the most important requirements to study in Europe. Fulfilling the English language requirement is must for international students to study MBA in Europe. Refer to the table below for minimum IELTS scores required by the top universities:
University | Required IELTS Score |
---|---|
7.0 or higher | |
6.5 or higher | |
Cambridge Judge Business School | 7.5 or higher |
7.0 or higher | |
7.0 or higher | |
7.5 or higher | |
Imperial College Business School | 6.5 - 7.0 or higher |
Oxford Said Business School | 7.5 or higher |
7.0 or higher | |
7.0 or higher |
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Contributor-Level 10
Answered a week ago
The top-ranked MBA universities in Europe are very competitive and have a low acceptance rate. Below are the university specific details:
University | Acceptance Rate |
---|---|
London Business School | 20% |
18% | |
31% | |
IE Business School | 41% |
IESE Business School | 26% |
30 - 35% | |
Imperial College Business School | 15% |
20% | |
SDA Bocconi School of Management | 32% |
Esade Business School | 60% |
K
Contributor-Level 10
Answered a week ago
Post-graduation from a top MBA university in Europe, graduates secure impressive job opportunities in global companies. The average placement salaries offered to students at the top universities for an MBA in Europe, along with the first-year tuition fees, are mentioned below:
University | Estimated Average Salary |
---|---|
INR 62 L | |
INR 1 Cr | |
INR 1 Cr | |
IE Business School | INR 97 L |
IESE Business School | INR 1.5 Cr |
INR 90 L | |
INR 94 L | |
SDA Bocconi School of Management | INR 22 L |
Esade Business School | INR 62 L |
K
Contributor-Level 10
Answered a week ago
Amity Dubai asks for an application fee worth AED 100 (INR 2.4 K). The fee is non-refundable is to be paid while submitting your application for review. The payment of the same can be done through the university's portal.
A
Contributor-Level 10
Answered a week ago
Candidates are selected for admission in the MBA programme at Bapuji Academy of Management & Research (BAMR) based on the scores in the PGCET/KMAT/MAT exams. Candidates must appear for any of these exams to take admission in the academy. Also, they must fulfil the eligibility criteria set by the aca
S
Contributor-Level 10
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Are there any internship opportunities offered at Johns Hopkins – Carey Business School to full-time MBA students?