Family Business
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New answer posted
7 months agoContributor-Level 7
The duration of MBA in Family business is same as MBA because it a specialisation provided in MBA Course. Most of the MBA full-time programs follow a trimester or semester system with coursework, live projects and industry interactions.Candidates can check the duration below:
- Full-time MBA in Family Business – 1 to 2 years
- Executive MBA in Family Business (for working professionals) – 1 year
- Part-time MBA in Family Business or Online MBA in Family Business – 1.5 to 3 years
For more information regarding MBA Click the link below:
What is MBA
New answer posted
10 months agoContributor-Level 7
Family Business courses are specialised educational programs that focus on the unique challenges, dynamics, and strategies associated with managing and operating a business that is owned and operated by members of the same family.
Family Business courses are designed to provide individuals with the knowledge, skills, and tools necessary to navigate the complexities of running a family-owned enterprise successfully.
New answer posted
11 months agoNew answer posted
a year agoNew answer posted
a year agoContributor-Level 10
Following are the topics that are covered in the syllabus of Family Business courses:
Family Business Dynamics: Understanding family structures, roles, and governance.
Succession Planning: Strategies for transferring leadership and ownership across generations.
Family Governance: Mechanisms for decision-making, conflict resolution, and family meetings.
Business Strategy and Management: General business management principles applied to family-owned businesses.
Financial Management: Financial planning, control and management specific to family enterprises.
Legal and Tax Issues: Legal considerations and tax implications for family businesses.
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New answer posted
a year agoContributor-Level 10
The Syllabus is prepared very carefully by taking in mind all the aspects a student needs in real life.
- Practical Exposure: Through internships, consulting projects, and case studies.
- Expert Insights: Learning from faculty with experience in family business consulting or management.
- Networking: Opportunities to connect with family business leaders and alumni for insights and mentorship.
New answer posted
a year agoContributor-Level 10
The format for the entrance exam of Family business course are:
Objective Type: Multiple-choice questions (MCQs) are common, covering various business and family business-related topics.
Descriptive Type: Some exams may include essay questions or case studies that require detailed responses.
Duration: The duration can vary, typically ranging from 1 to 3 hours.
New answer posted
a year agoContributor-Level 10
If you aspire to run your family business, the choice of degree should ideally align with the nature of the business and provide you with a solid foundation in key business skills.
Below are some of the options of courses that can prepare candidates for a leadership role in a family business:
- BBA
- BCom with a Business Management Focus
- BSc in Entrepreneurship
- MBA in Family Business Management
- Bachelor of Management Studies
New answer posted
a year agoContributor-Level 10
Family Business Management focuses on teaching individuals how to successfully manage and navigate the unique challenges faced by businesses that are owned and operated by family members. Family Business Management covers a wide range of topics, including strategic planning, governance, succession planning, and organizational structure.
Candidates can check the Family Business Management syllabus below:
Semesters | Main Subjects |
---|---|
Semester 1 | Family Business Management, Business Plan Preparation, Small Business Promotion, Entrepreneurial Finance, Dynamics of Family Business Governance. |
Semester 2 | Technology Innovation and Sustainable Enterprise, Social Entrepreneurship, Business Plan and Ethics, Innovation and Creativity, Mergers and Acquisitions. |
Semester 3 | Business Regulations, Finance and Tax Strategies for Family Business, Cost and Management Accounting, Sickness and Turnaround Strategies, Corporate Governance and Social Responsibility. |
Semester 4 | Managing Human Resources, Organizational Behaviour, New Product Development, Enterprise Resource Building, and Finance Management. |
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