ISB’s Management Program for Family Business (MFAB) is a comprehensive general management program, designed for young business leaders of family businesses who intend to manage their business and for individuals who aspire to work in family business.
The program duration is 15 months and allows participants to continue to contribute to the success of their business. The course content is contextualized to the needs of family business. It helps participants understand their business better, prepares them to sustain it through phases of transition and to grow it in an environment of increased competition.
Who is it for?
The Management Program for Family Business (MFAB) is designed for the next generation of business scions.
Bachelors’ Degree or an equivalent qualification (like CA, etc.) Applicants should have completed the Bachelors Degree as the time of submitting the application. No work experience is required for admission. However, the ISB strongly feels that an experience of 4-5 years will add a lot of value.
An online application that assesses the participants on a combination of factors: Performance in BAT (Business Admissions Test) The BAT is currently divided into 2 independent modules: (i) The MCQ section that consists of questions to elicit the candidate’s approach to problem solving, communication, data management, and logical thinking, and (ii) Case Study section, to test the career maturity and business “acumen” of candidates. Family business knowledge Business leadership potential Achievements Work experience Undergraduate degree performance Scale, size, complexity of business and length of existence of business.
The program duration is 15 months. Classes are held for one week every 6th week. Participants are required to travel to Hyderabad or Mohali to attend the program.