I hv a family business of opticals. I hv cmpltd masters in retail mngment this year and now wrking full time in bsnss. Should I opt for fbm
Yeah definitely you should , Infact if you have interested in your family business then you should go with it. Since you have done your masters in retail management and if you are really interested your family business then you can also apply all the tactics and strategies in your family business then definitely it will be get boosten up , which makes you as well your family profit in profitable zone.
All the best
Answer laterI have a family business.So should i opt for Family Business Management or MBA(marketing) itself. What is the value and scope of FBM?
Family-owned businesses play a crucial role in the economy of a country. According to EY India, It is estimated that globally family businesses contribute around 70% - 90% of the global GDP. India is no exception.Family-run businesses account for more than 85% of businesses in India. Additionally, 67% of total listed companies with market capitalization exceeding more than US$50 million each accounts for family businesses in India. Apart from conglomerates like Reliance and Godrej, a lot of retail trade, small scale industry, and service sector are run by family businesses.
In the rapidly altering business environments and economies the next generation of business owners want to tackle the uncertainty and volatility of business world effectively. To cater to the needs of this group, many top B-schools offer MBA - Family Business and Entrepreneurship Program which is a specifically designed to help meet the needs of next generation of family business owners.
MBA Family Business programme or Entrepreneurship & Family Business Programmes are offered by many colleges. Some of the top MBA colleges offering Family Business Management Courses In India are IIM Bangalore, NMIMS Mumbai, S P Jain, Nirma University, EDII among others.MBA Family Business and Entrepreneurship Program offers the opportunity to the students to further expand and strengthen their family business and also to venture into entrepreneurship with innovative ideas after getting proper grooming and skills on completion of their MBA Family Business and Entrepreneurship Program.
The fee for MBA in Family Business in general ranges from 5 lakhs to 15 lakhs, ISB being an exception with Rs 37.35 lakhs as its fee.
Thanks,
Azim
I am interested in tiles and sanitary wares business. My uncle has the same business and i want to go for family business management.
Hi
Yes you can
Through which course are you looking
Basically management ?
MBA is the right for the same as they have a specialization of family business as well in it
Many universities provide the same nowadays as many students requested for it
Our family business is of wholesale trading of plastic products.I am interested in that business and want to expand by opening production.
Dear Aspirant,
It is good to see , that you wants to expand your family business of wholesale trading of plastic and it's products and you are interested in in expanding by opening a production unit.
But I didn't get what you want to pursue in your higher studies. If you want to learn about plastics manufacturing and production.There are different courses offered by Central Institute of Plastic Engineering and Technology (CIPET) at many locations across the country where courses ranges from Diploma in plastics engineering to Master in Science (Technology)
Can you please list the colleges offering MBA in Family Business course?
Hi Pushkar,
Indian School of Business- Management Programme for Family Business (MFAB)
SP Jain Institute of Management and Research, Mumbai- Post Graduate Program in Family Managed Business (PGPFMB)
SP Jain School of Global Management - Global Family Managed Business
SVKM’s NMIMS School of Business Management- Master of Business Administration (Entrepreneurship & Family business)
Amity University- MBA in Family Business Management
National Institute of Construction Management and Research (NICMAR)- Post Graduate Programme in Management of Family Owned Construction Business
Hindustan University, Chennai- MBA in Family Business and Entrepreneurship
Good luck!
kindly suggest me the college that offers family business management course for the part time
There are other colleges also that offers family business management course for part time:
1.MIT School of Management, Pune
2.Mittal School of Business, Lovely Professional University, Phagwa..
3.MIT School of Technology Management, Pune
4.Nirma University, Ahmedabad
5.SPJIMR, Mumbai
6.Narsee Monjee Institute of Management Studies, Mumbai
7.Manipal University, Manipal
8.Hindustan University, Kelambakkam
9.Reva University, Bangalore
10.Mody University, Sikar
If you want to know the details of these college,please visit
https://bschool.careers360.com/colleges/list-of-family-business-management-colleges-in-india
And in this link you can find abt more colleges also
Thankyou
When is the exam
Is there any particular exam or college you are asking for because your query is not the complete one.
