An Online & Distance MBA in Family Business Management is a master's degree program that equips individuals with the skills and knowledge of planning and leading a family-owned business successfully. The program is delivered through a flexible learning format that allows individuals to study anytime, anywhere by accessing the 24/7 available learning management system specially created for remote learners.
An Online/Distance MBA in family business management provides specialised knowledge and professional skills that support individuals in navigating unique challenges and growth opportunities associated with family business or Enterprise. It is a convenient approach to higher education that offers equally valuable and high-quality content along with the credible degrees to pursue employment within and outside of family Enterprises. Students who enroll in an Online and Distance MBA in F amily business management get access to a completely structured learning process, an updated curriculum and direct interactions with faculty for an efficient and interactive learning experience. The program allows individuals to gain valuable insights into a family business to lead to greater profitability and longevity.
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An Online and Distance MBA in Family Business Management is a specialised degree program particularly beneficial for individuals seeking a flexible education approach to develop relevant skills while addressing work and other relevant commitments simultaneously. It is a convenient and accessible education program that offers a unique curriculum among online students to learn specific skills of managing family dynamics, conflict resolution and succession planning in a family business. After completing this program, individuals can pursue a family business or even explore the broader business world.
| Course Name | Online MBA in Family Business Management |
|---|---|
| Course Duration | 2 Years |
| Course Level | Post-Graduate |
| Mode of Education | Online |
| Eligibility Criteria | Passed Graduation from a recognized University |
| Admission Process | Admission into this programme generally involves online application |
|
Semester Wise Subjects Details |
Semester I
Semester II
Semester III
Semester IV
|
| Online MBA in Family Business Management Fee Range | ₹ 65,000 - 3,00,000 (full course) |
| Starting Salary Range | ₹ 5 LPA - 10 LPA |
To become eligible for an Online and Distance MBA in Family Business Management in a well-recognised college in India, individuals should have a bachelor’s degree from a recognised institution in any relevant discipline. It is also important for students of the general and reserved categories to have a minimum of 45- 50% marks during graduation, respectively. Some specific colleges may ask individuals to have a good score in a national-level entrance exam, or may conduct their university-specific assessment test for admission.
The considerable and commonly accepted entrance exams for admission in an Online and Distance MBA in Family Business Management in India are CAT, CMAT, XAT, MAT, etc. Additionally, some Universities conduct their own entrance exam or assessment test to offer admission in the program, depending on their specific educational policies. However, an entrance exam is not always required to get admission in an online distance MBA in family business management, as the selection in the program generally depends on work experience (not mandatory) and the academic performance of candidates.
CAT is one of the most common and popular entrance exams for almost all management education programs in India. CAT cut-off marks are set for education programs depending on college reputation, program ranking and placement record of college-specific benefits associated with the program type of program delivery and admission policies. It is a standard approach of filtering applications and selecting the most eligible candidates to ensure the success of the course and the consistent reputation of a college. However, CAT cut-off marks are not always mandatory to get admission in an Online and Distance MBA in Family Business Management due to direct admission or merit-based admission.
An Online and Distance MBA in Family Business Management offers specific skills and knowledge related to running and leading a family business enterprise successfully. However, graduates of this program can also leverage their unique skills and knowledge to pursue broader business worlds and sectors like Finance Management, marketing management or HR management. The positions individuals can pursue after completing an Online/Distance MBA in Family Business Management are Family Business Manager or Director, Succession Planning Consultant, Family Office Manager, Business Development Manager or Entrepreneur. The graduates in the program can also pursue broader career opportunities like consultant, corporate manager, financial analyst, wealth advisor, manager, strategic planner and more.
| Job Profile | Job Description (Responsibility) | Average Salary (INR) |
|---|---|---|
| Business Development Head | Expand market presence, identify growth opportunities, and lead sales initiatives | ₹7 – 12 LPA |
| Operations Manager (Family Enterprise) | Supervise day-to-day business operations, resource allocation, and efficiency | ₹6 – 10 LPA |
| Supply Chain Manager | Manage procurement, logistics, and distribution to optimize costs | ₹7 – 11 LPA |
| Strategy & Innovation Manager | Develop long-term strategies and integrate innovation into family business processes | ₹8 – 14 LPA |
| General Manager (Family Business) | Lead overall management functions including finance, HR, and operations of the enterprise | ₹9 – 15 LPA |
| Top Recruiters |
|---|
| Infosys |
| Hindustan Unilever (HUL) |
| HDFC Bank |
| KPMG |
| Amazon |
| Flipkart |
| Whirlpool |
| Vodafone |
| Nokia |
| Deloitte |
The admission process of an Online and Distance MBA in Family business management requires checking and meeting all eligibility needs specific to the selected college or university. The online registration process for the program includes navigating and completing an online application form on the University website, potentially submitting the documents and personal details, paying the application fee, waiting for seat confirmation from the University, program fee after confirmation and getting LMS credentials.
Neev Education is known for aiding and guidance among online students throughout the admission process in an online education program. Neev provide necessary assistance and access to resources that help individuals select and get successfully admitted to an online education program within a preferred University. It provides detailed information about college and course offerings, along with education counselling and career guidance throughout the admission phase. The foundation also facilitates the payment process through streamlined and secure payment gateways.
Login to the admission portal by using your credentials shared on registered email id or you can directly login by entering an OTP received on the registered mobile number.
The next step is filling out all the details in the application form such as personal details, educational qualification and other details as required by the University.
Upload all the scanned documents, including high school, intermediate, and Graduation Mark sheets along with the Aadhar card and ABC (Academic Bank Credits) ID.
To finish the application, submit the academic fees online through debit, credit card, Net banking, UPI or you may also opt for a finance option. Interest-free Loan options are also available in which you can pay your fees in easy EMIs.
The University will then verify your documents and send you a confirmation mail regarding your admission, along with the login credentials to access your learning management system (LMS).
An Online/Distance MBA in Family Business Management is a valuable and credible education program that offers placement support services to online graduates. Although an Online and Distance MBA in Family Business Management is specifically focused on supporting individuals with knowledge and skills to run and lead an already established family business that generally does not require employment outside the family enterprise but the program offer necessary career Guidance, counselling and networking opportunities among graduates that help them to secure a decent place in their family business.
| University | Average Package (INR) |
|---|---|
| DY Patil Vidyapeeth | ₹6 – 10 LPA |
| IGNOU | ₹5 – 9 LPA |
| Amity University | ₹6 – 12 LPA |
| Manipal University Jaipur | ₹6.5 – 10 LPA |
The MBA in Family Business helped me understand how to professionally manage and expand my family business. The program gave me exposure to modern management techniques along with insights into succession planning.
This program improved my leadership, negotiation, and decision-making skills. It taught me how to separate family roles from business roles and avoid conflicts.” “I liked how the course balances theory and practical applications. Case studies, real-life business simulations, and interactions with successful entrepreneurs were extremely useful.
Yes, an online distance MBA in family business management includes case studies and real-life business challenges as an important part of the curriculum that helps individuals to gain a practical understanding and efficiency in the family business context.
Yes, the curriculum of an online distance MBA in family business management includes succession planning and business transformation strategies, which is a part of the program that helps individuals navigate unique challenges and their succession in a family-owned business.
An online MBA in family business management offers several relevant skills and knowledge, including succession management, financial management, conflict resolution and strategic planning that support growth in a family business.
Yes, mentorship and expert guidance in the form of faculty interactions and webinars with industry experts and the alumni community are accessible to the students of an online distance MBA in family business management program.
The examinations and assessments for an online distance MBA in family business management are generally conducted through case study-based assignments and an online proctored examination process.
Best-in-class content by leading faculty and industry leaders in the form of videos, cases and projects, assignments and live sessions
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