Master of Business Administration (MBA) in Entrepreneurship and Family Business Management

Master of Business Administration (MBA) with a concentration in Entrepreneurship and Family Business Management (FBU) is an advanced level programme in the study of business with aspirations for start-ups, new ventures, succession planning, and to scale an existing enterprise. The programme prepares students to manage the issues facing new ventures and family businesses by creating an entrepreneurial mindset, learning innovation and strategic leadership skills, and being educated in business sustainability.

Entrepreneurship is extremely vital to the health of an economy, plus innovation, and job creation. However, with the emergence of startups, digital enterprise, MSMEs, and global entrepreneurial eco system there has been a significant rise in demand for professionally trained entrepreneurs who are familiar with business strategy, finance, operations governance, and market dynamics. At the same time, family businesses — also a big driver of the Indian economy — need capable leaders to steer succession, governance, and expansion even as they manage legacy and values. MBA in Entrepreneurship and Family Business Management addresses both of these criteria.

This MBA combines fundamentals of management education with a strong focus on entrepreneurship and family-business. Participants acquire the knowledge in business plans and start-up financing, management of innovation, venture capital funding, private equity investments, law issues concerning business entities, governance of family businesses with the use of counsel on succession planning or principal-agent relations. Students are given practical tools to turn their ideas into businesses, and to professionalise family business.

While most MBA programmes are geared toward the corporate world, MBA Entrepreneurship and Family Business develops a unique set of skills for creating and managing new businesses including entrepreneurship, venture creation, family business management, and leadership. Students are supported to come up with their own startups, work on live projects, and interact with incubators, accelerators and entrepreneurship cells. Most institutions that have this programme will allow students to enjoy the benefit of startup incubation centers, mentorship from successful business owners and how to obtain funding, which is much better than mere theories.

One of the strengths of this programme is its focus on the experience and doing. Students engage in business simulations, case studies, and startup boot camps and prepare pitch presentations, interact with the industry and intern with a startup or a family business. This tangible experience enables students to address everyday business challenges, which include financing issues, market competition, and regulation as well as organizational development.

The course also significantly looks into family business management that includes governance models, succession planning processes, professionalization of the operation, family constitution, and handling inter-generational transference. It is all the more important as it is extremely useful to students coming from business families and aspire to modernise and diversify their businesses while not compromising with family unity and longevity of enterprises.

Course Highlights

What is an MBA in Entrepreneurship and Family Business Management?

MBA in Entrepreneurship and Family Business Management is a niche management programme that focuses on new venture creation, innovation management, and family negotiation skills to equip entrepreneurial generations of the future with the appropriate skills in starting, managing, and growing businesses.

MBA in Entrepreneurship and Family Business Management Syllabus

Fee Structure for MBA in Entrepreneurship and Family Business Management in India

Note: Fee structure varies based on seat category and institutional norms.

Top 10 MBA in Entrepreneurship and Family Business Management Colleges in Karnataka

Fee Structure for MBA in Entrepreneurship and Family Business Management in Karnataka