MBA Family Business and Entrepreneurship programs are offered by many top MBA colleges to give boost to entrepreneurship ventures and to expand and modernize the family business to make it a successful and growth oriented business. ‘Make in India’; ‘Start-Up India’ could be a great success, if more and more graduates after completing their MBA in Entrepreneurship & family Business resorted to Entrepreneurship projects and indulge to boost the Family Business instead of running after meagre placement packages.  

MBA Family Business Management 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. 

Top MBA Colleges offer MBA in Entrepreneurship & Family Business


MBA Family Business programme  or  MBA in 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, S P Jain, Nirma University, NMIMS Mumbai, EDII among others.  

MBA in Family Business best Colleges include NMIMS MBA Family Business program which is one of the most sought after management programs. IIM Bangalore offers two specialized programmes for entrepreneurs – Management Programme for Entrepreneurs and Family Businesses (MPEFB) and Management Programme for Women Entrepreneurs (MPWE) in addition to offering courses on entrepreneurship in the long duration programmes.

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  specifically designed to help meet the needs of next generation of family business owners.

Entrepreneurship & Family Business: Great Contributor to GDP

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 to this fact. 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. 

Top MBA Colleges in India offering MBA in Family Business and Entrepreneurship


MBA in Family Business best Colleges include ISB, IIM Bangalore, SPJIMR, NMiMS among others. The list below shares the best MBA in Family Business and Entrepreneurship Programs offered by well-known MBA Colleges in India:

Name of the InstituteCourseDurationFee (Under revision)
Indian School of BusinessPost Graduate Programme in Management for Family Business (PGP MFAB)15 MonthsRs. 37,35,000
IIM BangaloreManagement Programme for Entrepreneurs and Family Businesses (MPEFB)10 MonthsRs. 5,53,000
SPJIMR, MumbaiPost Graduate Programme in Family Managed Business (PGP-FMB)24 MonthsRs.11,05,000
School of Business Management, NMIMS MumbaiMBA- Entrepreneurship & Family Business24 MonthsRs. 9,06,000 (Under revision)
SIBM PuneMBA (Innovation & Entrepreneurship)24 MonthsRs.13,20,000
Prin L.N Welingkar Institute Of Management Development & Research, MumbaiPGDM – Family Managed Business( PGDM – FMB)11 MonthsRs. 7,00,000
SP Jain School of Global ManagementGlobal Family Managed Business (Global FMB)12 MonthsRs. 9,61,000
Entrepreneurship Development Institute of India, Ahmedabad   Post Graduate Diploma in Management – Business Entrepreneurship 
(PGDM-BE)
24 MonthsRs. 5,33,400  
Institute of Management, NIRMA University, AhmedabadMBA (Family Business & Entrepreneurship)  24 MonthsRs.3,81,000
Amity Business School Mumbai , Amity University MaharashtraMBA – Family Business24 MonthsRs. 7,44,000

Who should pursue MBA in Entrepreneurship & Family Business?


MBA in Family Business and Entrepreneurship is a specific program designed for:

Eligibility for MBA in Family Business and Entrepreneurship


The eligibility criteria for admission to MBA in family Business Management and Entrepreneurship vary according to different colleges.

Fee for MBA in Family Business and Entrepreneurship


The fee for MBA in Family Business & Entrepreneurship in general ranges from 5 lakhs to 15 lakhs, ISB being an exception with Rs 37.35 lakhs as its fee.


 Admission Deadlines for MBA in Family Business and Entrepreneurship


The application dates for MBA -Family Business and Entrepreneurship for ISB and SIBM are as per their admission deadlines for the respective batch. For IIMs, like IIM Bangalore and NMIMS Mumbai the applications are open till the second/third week of May. For other institutes such as SPJIMR Mumbai, SP Jain School of Global Management, Entrepreneurship Development Institute of India, Ahmedabad the admissions are open till the deadlines are announced.

MBA in Entrepreneurship & Family Business Courses


MBA in Entrepreneurship & Family Business Courses in India as offered by IIM Bangalore, NMIMS Mumbai, S P Jain, Nirma University, EDII among other top institutes more or less have similar course design. Since MBA courses in Entrepreneurship & Family Business offer key benefits like grooming entrepreneurship and leadership skills, freshers as well as working professionals earn this degree every year with the target to enhance and improve their career opportunities and  position themselves for success in their family business.

The Entrepreneurship & Family Business MBA course structure in India as offered by top B-schools is shared below:

Key Facts about MBA in Entrepreneurship & Family Business Course

MBA in Entrepreneurship & Family Business Courses

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