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ISB's Course On Family Business

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The Indian School of Business (ISB) launched its new Management Programme for Family Business (MFAB) on 10 December’ 2012 to groom the younger generation of family-owned businesses. 
 
“MFAB aims to provide a structured learning platform, which will help young family business scions navigate and grow their businesses in a hyper-competitive and globalised business environment,” says Ajit Rangnekar, Dean, ISB.
 
The curriculum of MFAB will focus on enhancing analytical and functional skills of the business scions by providing them opportunity to interact with faculty from all over the world, international exposure, industry interventions and experiential learning.
 
“We believe that MFAB will play a crucial role in addressing the challenges faced by family-owned companies around the globe such as developing their next generation leadership and managing succession, governance, generational struggles around business strategy and professionalization” says Kavil Ramachandran, a professor, at ISB.
 
MFAB is a fifteen months course divided into modules of seven days, every sixth week at the ISB campuses in Hyderabad and Mohali. Participants can travel from any location due to the modular structure of the programme. The programme will provide an opportunity for international immersions in USA, Africa and China. 
 
The admissions for the programme will begin on January 01, 2013 and the first batch will commence in August 2013.  The participants will be required to have a  Bachelors Degree with a prior work experience of 4 years. They will be required to appear for the Business Aptitude Test (BAT), followed by a personal interview.


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