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ISB Invites Application for Management Programme for Family Business (MFAB) designed for young business leaders of family businesses who intend to manage their business and for individuals who aspire to work in family business.
The programme duration is 15 months and allows participants to continue to contribute to the success of their business. The course content will be contextualized to the needs of family business. It helps participants understand their business better, prepares them to sustain it through phases of transition and to grow it in an environment of increased competition.
The programme draws from best management practices in family business from across the globe and aims to groom business scions in areas like planning, objective setting and astute management of their family’s business. While each family’s situation is unique, there are many best practices which can be applied to all family businesses
Selection Criteria
Participants will be evaluated on a combination of factors:
Family business knowledge
Business leadership potential
Achievements
Work experience
Undergraduate degree performance
Performance in BAT
Scale, size, complexity of business and length of existence of business
Application Procedure
Admission to the programme is a highly selective and competitive process. Therefore it is extremely important to submit a quality application.
To apply for MFAB programme, you need to complete an online application form. The form can be completed over several sessions. You can save and review the information before final submission of the completed application.
The below listed documents are to be scanned & uploaded with the application.
Colour photograph
Copy of Passport
Bachelor’s degree marksheets/transcripts (all semesters/years)
Bachelor’s Degree Certificate
Marksheets/transcripts and certificates for additional education (if applicable)
Business Card
Programme Calendar
The Programme Duration is around 15 months. Classes are held for one week every 6th week
Location of the participant is not a constraint as the unique modular schedule of the programme allows participants based anywhere in the world to travel to Hyderabad or Mohali to attend the programme.
Both the ISB campuses serve as an ideal location for this unique programme since they are well connected to various cities in India and other parts of the world.
Tuition Fees
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Security Deposit
Security deposit of ?25,000 (refundable) is paid in addition to the amounts mentioned above. This amount is refundable after deduction of any dues payable to the School.
Alumni Fund
Alumni membership fee of ?20,000 is paid at the beginning of the programme. It is non-refundable for participants who successfully graduate from the programme. This fee will be fully refundable for participants who do not graduate from the programme either due to withdrawal or failing to clear the examinations.
Added Benefit
A senior member from the participant’s family can attend a 3-day executive education programme ‘Family Business: Managing Growth and Transformation (MGT)’* free of cost. The programme is offered by Centre for Executive Education, ISB. This offer is valid only for the MGT programme offered in the years 2016 and 2017.
The last date for Submission of Application form is 15 December
For more information visit: http://www.isb.edu
