11 Popular MBA in Family and Business Entrepreneurship Colleges in India

11 Popular MBA in Family and Business Entrepreneurship Colleges in India

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Abhishek
Abhishek Dhawan
Assistant Manager – Editorial Content
Updated on Aug 20, 2024 15:06 IST

Managing a family business presents unique challenges and requires a distinct set of managerial skills and expertise. Here is a list of the top 11 colleges in India offering an MBA in Family Business & Entrepreneurship.

MBA in Entrepreneurship Colleges

Top MBA in Entrepreneurship Colleges in India

Top MBA in Entrepreneurship Colleges in India: Family-controlled business now make up more than 19 per cent of the companies in the Fortune Global 500,” states The Economist. In India alone, nearly 67 per cent of businesses are run by family. The article on family run businesses further stated that “By 2025, there will be more than 15,000 companies worldwide with at least USD 1 billion in annual revenues, of which 37 per cent will be emerging-market family firms; analysis from McKinsey predicted.” The Economist article estimates that family-controlled businesses can ‘experience difficulties of moving from a one-person general management approach to a professional management approach.’

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Few of the challenges in a family-managed business include preparedness of the organisation for next generation, and their efficiency in carrying the business forward. To address the problems of such businesses, various B-schools and MBA colleges have started offering MBA in Family and Business/Entrepreneurship.

Q:   Is Amity, Noida good for pursuing MBA?

A:

Amity Noida can be a decent choice to pursue a PG-level Management course. The university offers MBA across 27 specialisations. It also offers international opportunities to its students, where a five-week Study Abroad Program runs at Amity Campuses in London, Dubai, New York or Singapore. Amity University Noida has been ranked continuously for its Management category courses by NIRF. Find below the last three-year ranking comparison for Amity Noida:

Ranking Body

2021

2022

2023

NIRF

29

28

28

To check out the other MBA colleges in India, click here

Apart from this, Amity University Noida also offers scholarships under various categories to its students. Further, as per the placements records of the year 2022, the overall highest package offered during the on-campus was INR 58 LPA. The top recruiters visited during the placement drive of Amity Noid Placements 2022 were Cisco, MTX, Airtel, etc. 

Read more: Amity University Noida Placements

Q:   What is a good score in CMAT for admission to top MBA colleges?

A:

Ideally, one would say that 99-100 percentile is good for MBA Admission. However, it is not possible for all candidates to score so high. So, what shall be considered a good score in CMAT. A good CMAT score is basically a score that will get you a seat in your desired college. So, if you desire a Tier 1 college, a good score in CMAT will be 85 percentile and above. If you desire a Tier 2 college, a good score in CMAT will be 70-85 percentile and for a Tier 3 college, less than 70 percentile in CMAT will be good. Now, if you want to understand CMAT. Score in terms of percentile, so that while giving the exam you know how much raw score is needed to get the required percentile for the desired college, you need to know how much CMAT score is equal to percentile. About 340-350 score is equal to 100 percentile in CMAT About 281-340 score is equal to 90-99.99 percentile in CMAT About 201-280 score is equal to 81-89 percentile in CMAT About 171-200 score is equal to 71-80 percentile in CMAT About 140-171 score is equal to 61-70 percentile in CMAT About 116-140 score is equal to 51-60 percentile in CMAT.

Q:   Can I give XAT and XGMT both to take admission in XIMB?

A:

XIM University offers various MBA and Master's programs with specific eligibility criteria and admission tests.

1. MBA programs, including Business Management and others, require a bachelor's degree with specific marks and accept scores from exams like XAT, CAT, GMAT, or XGMT.

2. Executive MBA-Business Management requires a bachelor's degree with work experience and similar admission test options.

3. Other post-graduate programs have distinct eligibility criteria.

The last date to apply for most programs is December 8, 2023.

You can apply for multiple programs using a single form and through different admission tests.

Interviews are part of the admission process for shortlisted candidates.

Residences are compulsory for MBA and MMS-BF programs but optional for other post-graduate programs.

XIM University has two campuses near Bhubaneswar.

For specific details, refer to the official Admission Bulletin-2024 on the university website.

The application fee varies based on the number of programme choices and is non-refundable.

You can apply using multiple admission tests, such as XAT and XGMT.

Please visit the official university website for the latest information and application details.

MBA in Family Business and Entrepreneurship addresses the universal issues and problems in family businesses. They help students learn how to deal with complex structures, hierarchy, and business governance and introduce changes per the latest market trends. Here is the list of top MBA colleges in India for Family Business and Entrepreneurship below.

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Top 11 Colleges Offering MBA in Family and Business Entrepreneurship

Given below is the list of MBA colleges in India that offer Family Business and Entrepreneurship courses. Also listed are details such as duration, type and approximate fees.

MBA Colleges

Course / Department

Duration & Type

*Fee (Approx.)

Indian School of Business

Post Graduate Programme in Management Programme for Family Business (PGP MFAB)

15 months

INR 42.13 L

IIM Bangalore

Management Programme for Entrepreneurs and Family Businesses

6 months

INR 8.25 L

SP Jain Institute of Management and Research, Mumbai

Post Graduate Programme in Family Managed Business (PGP-FMB)

18 months (modular)

INR 17.05 L

SP Jain School of Global Management

Global Family Managed Business

12 months full-time course

INR 15 L

Institute of Management, Nirma University

MBA (Family Business & Entrepreneurship)

2-year course divided into three terms of about 12 weeks each

INR 9.68 L

Pravin Dalal School of Entrepreneurship and Family Business Management, NMIMS University, Mumbai

MBA in Entrepreneurship and Family Business

2-year full-time course

INR 22.9

Integrated MBA in Entrepreneurship and Family Business

5-year full time course

INR 44 L

Entrepreneurship Development Institute of India (EDI)

Post Graduate Diploma in Management - Entrepreneurship

2-year full-time course

INR 10.98 L

Amity University

MBA in Entrepreneurship

2-year full-time course

INR 13.44 L

National Institute of Construction Management and Research (NICMAR)

MBA in Family Business Management

2-year full-time course

INR 6 L

Delhi Technological University MBA in Family Business and Entrepreneurship 2-year full time course INR 2.87 L
Jamia Millia Islamia MBA in Entrepreneurship and Family Business 2-year full-time course INR 1.3 L

WE School - Prin L N Welingkar Institute of Management Development and Research

PGP in Entrepreneurship Management

11-month, sessions for 1week/month

INR 7 L

* Course fee could be higher in the upcoming academic session

Q:   Is Universal AI University good for MBA?

A:

Yes, it is good for MBA as the Universal AI University has a tie-up with Cardiff Met, UK which gives students an opportunity to explore and learn various aspects. As per an overall report, Class of 2022 placement was successfully completed with 98% so far.

Q:   Is only CAT score a factor for admission in IIMs?

A:
No, CAT (Common Admission Test) score is not the only factor considered for admission to the Indian Institutes of Management (Iims). While the CAT score is an important factor, it is just one of the several components that are evaluated in the selection process. The selection process for Iims typically involves several stages, which may include: CAT score: The first stage of the selection process is the CAT exam. Candidates who meet the cutoff score set by the IIMS are shortlisted for the next stage. Written Ability Test: The What is a written test that evaluates a candidate's ability to communicate effectively in written form. This stage tests a candidate's writing skills and analytical ability. Group Discussion GD In the GD stage, candidates are divided into groups and given a topic to discuss. This stage tests a candidate's ability to work in a team and communicate effectively. Personal Interview PI- The PI stage evaluates a candidate's overall personality, communication skills, work experience, academic background, and other factors. Academic Record: The academic record of a candidate is also an important factor considered in the selection process. This includes the candidate's academic performance in school and college, as well as any professional certifications and degrees. Overall, while CAT score is an important factor, it is just one of the components considered in the selection process for IIMs. Candidates are evaluated on multiple parameters, and the final selection is based on a combination of factors such as CAT score, academic record, work experience, What, GD and PI performance.
About the Author
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Abhishek Dhawan
Assistant Manager – Editorial Content

With a creative soul, Abhishek is inclined towards anything in the creative space be it drawing, painting, craft, or writing. He has been working in the ed-tech industry since he started his career. Besides creative... Read Full Bio

Comments

(1)

D

Dhwani Khatri

4 years ago

What is the syllabus for mba in family business?

Reply to Dhwani Khatri