About MFAB
The Indian School of Business (ISB) offers a unique program called the Master of Family Business Administration (MFAB), which is designed for family business owners and next-generation leaders who want to manage their family businesses effectively.
Eligibility criterion
Following are recommended:
1) Bachelors’ degree or an equivalent qualification (like CA, etc.) Applicants should have completed the bachelor’s degree at the time of submitting the application.
2) No mandatory work experience is required for admission. However, the ISB strongly feels that experience of 2-3 years will add a lot of value
3) Should be a member of family business intending to carry it forward.
Program in detail
The MFAB program is a one-year, full-time program that covers a wide range of topics, including finance, marketing, strategy, and family business governance. The curriculum is designed to provide participants with a deep understanding of the unique challenges and opportunities that come with managing family businesses.
The program is structured as a modular format, with classes held on campus for two weeks every quarter, allowing participants to balance their work and personal commitments while pursuing the program. The program also includes several industry engagement sessions, where participants get to interact with industry leaders and experts to gain insights into emerging trends and best practices.
One of the unique features of the MFAB program is the family business immersion module, where participants get an opportunity to work on live consulting projects with family businesses in India. This provides participants with hands-on experience and helps them understand the practical challenges of managing family businesses.
The faculty for the MFAB program comprises experienced practitioners and academics who bring a wealth of knowledge and real-world experience into the classroom. The program also offers personalized career services to help participants enhance their career prospects.
Overall, the MFAB program at ISB is an excellent choice for family business owners and next-generation leaders who are looking to enhance their management knowledge and skills and take their family businesses to the next level. The program’s unique curriculum, family business immersion module, and personalized career services make it an attractive option for family business leaders from around the world.