Course in The Family Managed Business

About the Programme

Family Managed Business (FMB) is a unique program pioneered by SPJIMR (S.P. Jain Institute of management & Research) way back in 1997. It is an 18 month Management Programme for youngsters from business families. It is a solution to the dilemma of whether to pursue MBA or to join the family business, by retaining the merits of both at the same time.

It requires the participant to learn at the institute for 1 week per month and gain hands-on business experience for the remaining 3 weeks of the month. What is learnt at the institute is to be applied in the business before the commencement of further learning in the consequent month. In the process, the participant gains expertise in management learning as well as the family business by the end of the programme.

Currently in the 13th year, the programme has an alumni base of over 1,000. Participants come from all kinds of industries across India, and even from Dubai and Nepal.

The central theme of the programme is to prepare the participant for a leadership role in his/her family business and to be a positive influence in the family's business organisation.