11 Popular MBA in Family and Business Entrepreneurship Colleges in India
Managing a family business presents unique challenges and requires a distinct set of managerial skills and expertise. Here is a list of the top 11 colleges in India offering an MBA in Family Business & Entrepreneurship.
Top MBA in Entrepreneurship Colleges in India
Top MBA in Entrepreneurship Colleges in India: Family-controlled business now make up more than 19 per cent of the companies in the Fortune Global 500,” states The Economist. In India alone, nearly 67 per cent of businesses are run by family. The article on family run businesses further stated that “By 2025, there will be more than 15,000 companies worldwide with at least USD 1 billion in annual revenues, of which 37 per cent will be emerging-market family firms; analysis from McKinsey predicted.” The Economist article estimates that family-controlled businesses can ‘experience difficulties of moving from a one-person general management approach to a professional management approach.’
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Few of the challenges in a family-managed business include preparedness of the organisation for next generation, and their efficiency in carrying the business forward. To address the problems of such businesses, various B-schools and MBA colleges have started offering MBA in Family and Business/Entrepreneurship.
Hindustan Institute of Technology and Science, also known as HITS, was established in 1985 and is located in Kelambakkan, Chennai. It is a member of AIU and is accredited by the IAO, NBA, and NAAC with an 'A' Grade. Further, it is a deemed-to-be University and is recognised by the UGC. At present, the university offers more than 100 courses in diverse streams such as Engineering, Management, Law, Humanities, Science, and more. Apart from this, the university has a sprawling campus of over 150 acres with all the modern facilities.
Yes, NICMAR University Pune offers four-year long BTech programme. The Engineering course is offered in Civil Engineering specialisation. Candidates seeking admission shall ensure that they meet the prescribed eligibility requirements. Moreover, the selection is done based on entrance scores. The application form can be filled out online. To know about the offline application, candidates shall get in touch with the admission office of the university.
MBA in Family Business and Entrepreneurship addresses the universal issues and problems in family businesses. They help students learn how to deal with complex structures, hierarchy, and business governance and introduce changes per the latest market trends. Here is the list of top MBA colleges in India for Family Business and Entrepreneurship below.
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Top 11 Colleges Offering MBA in Family and Business Entrepreneurship
Given below is the list of MBA colleges in India that offer Family Business and Entrepreneurship courses. Also listed are details such as duration, type and approximate fees.
| MBA Colleges | Course / Department |
Duration & Type |
*Fee (Approx.) |
|---|---|---|---|
| Post Graduate Programme in Management Programme for Family Business (PGP MFAB) |
15 months |
INR 46 L |
|
| Management Programme for Entrepreneurs and Family Businesses |
6 months | INR 9.03 L |
|
| Post Graduate Programme in Family Managed Business (PGP-FMB) |
18 months (modular) |
INR 17.05 L |
|
| Global Family Managed Business |
12 months full-time course |
INR 15 L |
|
| MBA (Family Business & Entrepreneurship) |
2-year course divided into three terms of about 12 weeks each |
INR 9.68 L |
|
| Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai |
MBA in Entrepreneurship and Family Business |
2-year full-time course |
INR 22.9 |
| Integrated MBA in Entrepreneurship and Family Business |
5-year full time course |
INR 44 L |
|
| Post Graduate Diploma in Management - Entrepreneurship |
2-year full-time course |
INR 10.98 L |
|
| MBA in Entrepreneurship |
2-year full-time course |
INR 13.44 L |
|
| National Institute of Construction Management and Research (NICMAR) |
MBA in Family Business Management |
2-year full-time course |
INR 6 L |
| Delhi Technological University | MBA in Family Business and Entrepreneurship | 2-year full time course | INR 2.87 L |
| Jamia Millia Islamia | MBA in Entrepreneurship and Family Business | 2-year full-time course | INR 1.3 L |
| WE School - Prin L N Welingkar Institute of Management Development and Research |
PGP in Entrepreneurship Management |
11-month, sessions for 1week/month |
INR 7 L |
* Course fee could be higher in the upcoming academic session
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BBA is one of the popular courses of Amity Lucknow. Students get placement offers in the last year through the placement drive of the university. During Amity University Lucknow placements 2022, the median package offered to UG three-year course was INR 2.80 LPA. The top recruiters of Amity University Lucknow during the past years included HCL, Airtel, TCS, Infosys, Amazon, Deloitte, Wipro, etc. After completing BBA from the university, students are well-equipped to join top companies. Check out the table below to know the career options available to students after BBA along with the average salary offered in India:
| Job Profile | Salary (Per Annum) |
|---|---|
| HR Executive | INR 3.75 lakh |
| Marketing Executive | INR 2.91 lakh |
| Marketing Manager | INR 6.84 lakh |
| Sales Executive | INR 2.44 lakh |
| Entrepreneur | INR 7.44 lakh |
| Financial Advisor | INR 3.83 lakh |
| Public Relations Manager | INR 5.21 lakh |
*The salary data has been obtained from Payscale.com
Amity University Noida is one of the reputed universities in Uttar Pradesh and has around 9 institutions in India. The university offers various courses to students in streams like Engineering, Management, Science, Computer Applications, etc. Some of the popular courses offered at the university are BTech, MBA, and MBA. Amity Noida also has a group of experienced faculty members who have an educational background from top universities in the world.
Abhishek is a content writer and editor with 7+ years of experience in education journalism. He completed his graduation from University of Delhi with a BA Degree. At Shiksha.com, he handles content for MBA, BBA, an
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(1)
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5 years ago
Amity Noida can be a decent choice to pursue a PG-level Management course. The university offers MBA across 27 specialisations. It also offers international opportunities to its students, where a five-week Study Abroad Program runs at Amity Campuses in London, Dubai, New York or Singapore. Amity University Noida has been ranked continuously for its Management category courses by NIRF. Find below the last three-year ranking comparison for Amity Noida:
Ranking Body
2021
2022
2023
NIRF
29
28
28
To check out the other MBA colleges in India, click here
Apart from this, Amity University Noida also offers scholarships under various categories to its students. Further, as per the placements records of the year 2022, the overall highest package offered during the on-campus was INR 58 LPA. The top recruiters visited during the placement drive of Amity Noid Placements 2022 were Cisco, MTX, Airtel, etc.
Read more: Amity University Noida Placements