MBA in Family Business Syllabus 2025: Subjects, Semester-wise Syllabus PDF, Top Colleges, Books

Updated on May 20, 2025 05:58 IST

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.

Also Read:

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).

Also Read:

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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Table of contents
  • 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
  • Most Popular Courses

Popular MBA in Family Business Colleges in India

Following are the most popular MBA in Family Business Colleges in India. Learn more about these MBA in Family Business colleges (Courses, Reviews, Answers & more) by downloading the Brochure.
1 Course
1.41 L
3.0

#28 NIRF

18.26 L

#37 NIRF

1 Course
10.24 L
10.5 LPA

#53 NIRF

9.5 L
1 Course
60 K
8.05 L

#101-125 NIRF

Family Business Applications open. Apply Now

Popular Private MBA in Family Business Colleges in India

4.5 L
3.0

#235 Business Today

Family Business Applications open. Apply Now

1 Course
10.75 L
12 LPA

#158 Business Today

Family Business Applications open. Apply Now

9.44 L - 11.44 L
7 LPA

Family Business Applications open. Apply Now

#95 Business Today

Family Business Applications open. Apply Now

5.33 L

Family Business Applications open. Apply Now

3.72 L
4.33 LPA

#197 Business Today

Popular Exams

Following are the top exams for MBA in Family Business. Students interested in pursuing a career on MBA in Family Business, generally take these important exams.You can also download the exam guide to get more insights.

1 Apr ' 26 - 25 May ' 26

MAT May 2026 Registration PBT

1 Apr ' 26 - 8 Jun ' 26

MAT May 2026 Registration CBT

17 Feb ' 26

CMAT 2026 result

31 Jan ' 26 - 2 Feb ' 26

CMAT 2026 exam answer key objection

Popular MBA in Family Business Specializations

Following are the most popular MBA in Family Business Specializations . You can explore the top Colleges offering these Specializations by clicking the links below.

Popular Specializations

qna

Student Forum

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Answered 20 hours ago

Temple University USA is among the top choice of international students to pursue MBA programme in the USA. Temple University offers MBA programs for the duration of 10 months to 2 years. Temple University MBA first year tuition fee for international students INR 18 L - 63 L.

R

Rachit Sharma

Contributor-Level 10

Answered 22 hours ago

The average package at Global Institute of Business Studies Bangalore is generally around ₹7–8 LPA per year.

  • Average package is around ₹7–8 LPA
  • the highest package can go up to ₹16–20 LPA for top students
  • Placements depend on skills, communication, and interview performance
  • Students get training, intern

...Read more

P

Prasadsai

Contributor-Level 8

Answered Yesterday

Global Institute of Business Studies Bangalore offers management programs mainly focused on MBA and PGDM, designed to give both academic knowledge and practical business skills. The idea is to help students become job-ready with specialisation options based on their interest.

  • PGDM (Post Graduate Dipl

...Read more

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Prasadsai

Contributor-Level 8

Answered Yesterday

Choosing Global Institute of Business Studies Bangalore over other colleges is mainly helpful if you want a college that focuses on “how you become” more than just “what you study. 

  • I chose GIBS because classes are not only lectures, they involve regular presentations and speaking activities, so you

...Read more

P

Prasadsai

Contributor-Level 8

Answered 2 days ago

Yes, they do get internships. 40+ students have secured internships in reputed companies. The MBA program at GLA University Greater Noida is very industry-oriented, with live projects, corporate exposure, and strong placement support that helps students gain real-world experience.

P

Priya Sharma

Beginner-Level 5

Answered 3 days ago

The percentile needed for admission would depend on the category you belong to. JAGSoM accepts various entrance examinations for admission to the MBA/PGDM course, like CAT, XAT, MAT, etc.

As per the estimated XAT cutoff in 2026, a percentile of 70 would be good enough to secure a chance at admission

...Read more

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Neerja Rohatgi

Contributor-Level 10

Answered 3 days ago

The top 5 MBA colleges in Mumbai, ranked by NIRF 2025 for management education in India, are here. 

College Name

NIRF 2025

Indian Institute of Management, Mumbai Ranking

6

Indian Institute of Technology, Bombay Ranking

14

S. P. Jain Institute of Management & Research Ranking

20

SVKM's Narsee Monjee Institute of Management Studies Ranking 

24

K. J. Somaiya Institute of Management Ranking 

65

Note: All info. is from the official sites and can change. 

S

Syed Aquib Ur Rahman

Contributor-Level 10

Answered 3 days ago

Prin L N Welingkar Institute of Management Development and Research and JBIMS are the top MBA colleges in Mumbai with low fees, as compared to the other institutes that rank. Note that these are shorter or MBA equivalent programmes offered at the postgraduate level. You can review the table. 

Top MBA College in MumbaiProgramme Type + DurationFee Range
Prin L N Welingkar Institute of Management Development and ResearchPost Graduate Program in Foreign Trade Management (FTM)
Duration: 11 months
INR 1.74 Lakh
JBIMSJBIMS MMS courses 
Duration: 2 years
INR 7 Lacs to 8.1 Lakh

Note: A

...Read more

S

Syed Aquib Ur Rahman

Contributor-Level 10

Answered 3 days ago

No, the Karnataka PGCET exam is not mandatory for admission to ISBR's MBA/ PGDM courses. The institution also accepts various national-level exams, like CAT, XAT, and NMAT.

Students who get valid results in any of the above exams are eligible to apply to ISBR, after they have cleared the eligibility

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 3 days ago

The ISBR Karnataka PGCET cutoff 2025 was released for the MBA/PGDM course for all categories. The cutoff was published in the form of opening and closing ranks. 

For the General AI category, the cutoff ranged from 28913 for enrollment in the Master of Business Administration course. Hence, candidates

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 3 days ago

Heriot Watt University Dubai MBA programme is among the top choice of international students to pursue in Dubai. Heriot Watt University Dubai offers MBA programme for the duration of 12 months for its Indian students. Heriot Watt University Dubai MBA programme first year tuition fee ranges from INR

...Read more

P

Pallavi Shukla

Contributor-Level 10

Answered 3 days ago

The University of Melbourne is among the top choice of international students to pursue MBA in Australia. University of Melbourne offers MBA for the duration of 1 year to 4 years. University of Melbourne MBA first year tuition fee ranges from INR 31 L - 48 L.

M

Mohit Thapa

Contributor-Level 10

Answered 3 days ago

Illinois State University is one of the top choice of international students to pursue higher education in the USA. ISU offers MBA programs for the duration of 18 to 24 months. Illinois State University MBA first year tuition fee ranges from INR 16 L to INR 19 L.

M

Manashjyoti Sharma

Contributor-Level 10

Answered 3 days ago

Candidates applying for MBA programme at Tula's Institute should have completed graduation with at least 50% marks for general/OBC and 40% marks for the SC/ST candidates. So, with 55% marks in graduation, you are eligible to apply for admission in MBA at Tula's Institute.

R

Raj Priya

Contributor-Level 10

Answered 3 days ago

The total tuition fee of MBA at Tula's Institute is INR 4.1 lakh. Candidates need to pay the course fee as the last step of admission process to complete the admission and secure a seat. This is taken from the official website of college. It can change.

R

Raj Priya

Contributor-Level 10

Answered 3 days ago

MAH MBA CET 2026 score will be valid for one year only, i. e. it can be used for admission to the 2026 academic session only. If a candidate plans to drop admission this year, they will have to appear for the exam again next year.

M

Manisha Singh

Contributor-Level 7

Answered 3 days ago

MAH MBA CET 2026 exam is being held in 2 phases. One phase was held on April 6, 7, 8 and second phase will be held on May 9. Since this year, candidates have got two attempts, the result is expected to be released after May 9 attempt.

78438546
Vipra Shrivastava

Contributor-Level 10

Answered 3 days ago

XIM University accepts the CAT cutoff for admission to the MBA course. According to the XIM University CAT cutoff 2025, a percentile of 91 (both overall and sectional) would be required to be eligible for XIM University admission

Candides should know that just clearing the final cutoff does not gr

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 3 days ago

XIM University XAT cutoff 2026 was released for admission to the MBA course and its specialisations, namely MBA in Rural Management and MBA in Sustainability Management. 

 General AI category students need to have a percentile of at least 90 to be considered eligible for admission.

Note - The cutoff d

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 3 days ago

Invertis Institute of Management Studies offers decent placements annually for its MBA course. The official placement details are yet to be released. Check out the key highlights of Invertis Institute of Management Studies placements from the students reviews of Shiksha page in the table below:

Particulars

Placement Statistics

Placement percentage

60%

the highest package

INR 10 LPA

Average package

INR 5 LPA

the lowest package

INR 3 LPA

39519231
Shoaib Mehdi

Contributor-Level 10

Answered 4 days ago

Tula's Institute has been rated slightly higher than DIT University for its MBA courses. However, Tula's Institute also offers only one MBA course. DIT University on the other hand offers four different MBA courses. This means, candidates get more options for a MBA course at DIT University for their

...Read more

S

Saurabh Khanduri

Contributor-Level 10

Answered 4 days ago

A comparison shows that DIT University MBA fees is higher than MBA fees charged by Dev Bhoomi Uttarakhand University. Candidates should look at other factors when comparing these institutes as well for a better conclusion.

These factors can be rankings, student reviews, infrastructure, placements and

...Read more

S

Saurabh Khanduri

Contributor-Level 10

Answered 4 days ago

The minimum rank for admission to the MBA course at Amrut Mody School of Management would differ based on the category you belong to. 

The Amrut Mody School of Management MBA cutoff 2025 was released for admission to various Home State quota categories. For the General AI category, the minimum rank n

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 4 days ago

Yes, candidates get a break after the third trimester of DIT University MBA curriculum to pursue internships. The internship pursued will be evaluated in the next trimester's final evaluation.

Internship report submitted by candidates during this evaluation will offer four credits towards the complet

...Read more

S

Saurabh Khanduri

Contributor-Level 10

Answered 4 days ago

Yes, MBA admissions at DIT University are open for academic year 2026. Interested candidates will need a scorecard of one of the accepted entrance exams for MBA admissions. The results of CAT, MAT and XAT have been revealed at this point.

S

Saurabh Khanduri

Contributor-Level 10

Answered 4 days ago

Yes, candidates can get refund of tuition fees upon cancelling their MBA admission at DIT University. The institute offers refunds based on UGC norms where early cancellation will result in higher refunds.

However, candidates cannot get refund for the admission fees they paid to confirm their MBA adm

...Read more

S

Saurabh Khanduri

Contributor-Level 10

Answered 4 days ago

To attain admission in Loyola Institute of Business Administration, students who belong to the General category under the All India quota would need to attain a CAT percentile of 80 overall and 50 for the Quants, VA-RC and DI-LR sections. 

Other categories will have different cutoffs accordingly. Gen

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 4 days ago

Yes, students can get admission in UIT Karnavati University BTech in CSE + MBA course without JEE scores. The institute also accepts GUJCET scores. Students can submit either of the scores to get a seat in the programme.

N

Nishtha Jain

Contributor-Level 10

Answered 4 days ago

To get admission in UIT Karnavati University BTech + MBA programme, students have to check the eligibility first. The institute considers Class 12 marks + JEE/ GUJCET scores to shortlist students. Selected students can pay the fees to confirm admission.

B

Bhumika Jain

Contributor-Level 10

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