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: 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.
CAT score is a national level test and is not accepted by B-Schools outside India. For pursuing MBA in foreign countries GMAT score is accepted. Indian B-Schools accept GMAT score for admitting foreign/NRI/PIO students.
CAT is also accepted for Executive MBA, PhD, FPM and other such management programmes in top colleges in India. Similarly, GMAT is also accepted for admission to domestic students in to Executive MBA and such programmes.
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.
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.
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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Amity Mumbai offers BTech Computer Science Engineering for a duration of four years. It is one of the popular BTech specialisations opted by many of the students. CSE International and CSE-3 Continent are also offered by Amity Mumbai. Aspirants who wish to get into a good college for Engineering, can opt for BTech CSE at Amity Mumbai.
After completing the degree, students are open to ample of opportunities. The final placement report is yet to be released for the batch passing out in 2023. However, the University has released the NIRF report 2023 on its official website. According to the NIRF report 2023, 85 BTech students were placed during Amity University Mumbai placements 2022. Further, the median package offered to BTech students during was INR 6.
Some of the top MAT participating colleges in India that are located in west zone and are suitable for aspirants residing there include Christ Institute of Management, Dr D Y Patil B School, Flame School of Business, Flame School of Communication, IILM Academy of Higher Learning, Indus Business School, Indus University, Institute for Technology & Management, Institute of Rural Management, International Institute of Management Studies, ITM Vocational University, ITM University, Jagannath University, Jaipur National University, Jaipuria Institute of Management, Indore, Jaipuria Institute of Management, Jaipur, Janardan Rai Nagar Rajasthan Vidyapeeth, Faculty of Mgmt Studies, JK Lakshmipat University, Kalinga University, Lexicon Management Institute of Leadership & Excellence, Mody University, School of Management Studies, Raipur Institute of Technology,
Shanti Business School, St Kabir Institute of Professional Studies, Suryadatta Institute of Business Management & Technology, Suryadatta Institute of Management & Mass Communication, The IIHMR University, Unitedworld School of Business, VPM's Dr V N Bedekar Institute of Management Studies.
Some of the top MAT participating colleges in India that are located in north zone and are suitable for aspirants residing there include Accurate Institute of Advanced Management, Accurate Institute of Management & Technology, AIMA-Centre for Management Education, Ansal University Gurgaon,
Asia Pacific Institute of Management, Asian Business School, Bennett University, Bharatiya Vidya Bhavan's Usha&lakshmi Mittal Institute of Management, Birla Institute of Management Technology, BML Munjal University, Chitkara University, Christ Institute of Management, EMPI Business School, Fortune Institute of International Business, FOSTIIMA Business School, Galgotias University, GD Goenka University, GL Bajaj Institute of Management & Research, Guru Nanak Institute of Management, Gurukula Kangri Vishwavidyalaya, IBMR Business school, IILM Academy of Higher Learning, IILM College of Management Studies, IILM Graduate School of Management, IILM Institute for Higher Education, IILM University, Indirapuram Institute of Higher Studies, Indraprasth Institute of Management Gurgaon, Institute of Management Studies, Institute of Marketing & Management, Institute of Technology & Science, International Institute of Health Management Research, Jagan Institute of Management Studies, Jagannath International Management School, Jaipuria Institute of Management, Jaypee Business School, JK Business School, KR Mangalam University, Lovely Professional University, Master School of Management, New Delhi Institute of Management,
OP Jindal Global University, Roorkee Institute of Technology, Sharda University, Soil School of Business Design, SRM University Sonipat, St. Thomas Management Institute, St. Thomas Management Institute, UPES Dehradun and Vivekananda Institute of Professional Studies-Technical Campus.

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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