MBA in Family Business Management

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MBA in Family Business Management
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• Indian economy comprises of more than 70 of the
  family businesses. The importance of this sector
  cannot be overlooked and Family business
  management has its own challenges like succession
  planning most of the family business does not
  have a succession plan. Employees working in
  family business will have the temptation to leave
  the company and join where the incentives are
  higher.
• Students who want to join their Family business
  after completing MBA can brush up their skills
  for taking their family businesses on to the next
  level. An MBA in Family Business introduce
  students to the key management area to create
  opportunities and challenges which are unique to
  the businesses that run by families. This will
  allow students to explore more and analyze the
  upcoming challenges in the business and practice
  the best management for family businesses.
• Family businesses are full of challenges which
  are threats to their existence or continuity, but
  if managed efficiently and effectively can remove
  all risks.

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• There are differences in Regular MBA program
  MBA in family Business Management program-
• MBA Creates Mangers / employees where as MBA in
  Family Business creates employers.
• MBA trains students to handle job in corporate
  and Big Business houses where as MBA in family
  Business trains students to take part in their
  own family business and grow the business.MBA
  graduates are most likely to handle one
  functional area i.e. operations, marketing, HR or
  finance where as MBA in Family Business students
  understand the overall working of the business as
  they are the owner of the Business.
• MBA provides the general knowledge and
  understanding about the business and
  organizations where as MBA in Family Business
  student understands his own business.

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• No MBA Graduates takes the major decision in the
  business where as MBA in Family Business
  Graduates takes each important decision every day
  for their own business.
• MBA in Family Business does not only help the
  students who aspire to work in family businesses
  but also who want to start their own business.
  MBA in Family Business are more beneficial to the
  women who are taking participation in family
  businesses.
• In India, some institutions offer MBA in Family
  Business Management for the future entrepreneurs
  and leaders.
• THE INDIAN SCHOOL OF BUSINESS (ISB)
• Alliance University
• Amity Business School
• Hindustan University
• Nirma University