One year MBA course for family owned businesses

Updated on: Sunday, August 22, 2010

Ahmedabad University(AU) today said it will start offering one year MBA programme for family driven businesses, designed in collaboration with Cambridge University, from January 2011.

"The course designed in collaboration with Cambridge University, is significant in Indian scenario as close to 95 per cent of the business here are family driven. This is for the first time in India that such a course is being offered," AU Provost A H Karlo told newsmen.

"Such businesses have a different ethos and some typical key management issues, which are not being taught in any other conventional MBA course," Karlo said.

"The issues like planning the extent of family involvement in any business, besides sucession issues leading to split, need special focus," he said.

"The programme will offer an insight on how to unlock value out of the splits and demergers in any family driven business that usually happens on account of sucession issues," Karlo said.

As part of this programme, the participants will get a chance to attend four week sessions at Pembroke King College, and two weeks at Judges Business School in UK, where they will be interacting with entrepreneurs.

The Cambridge ecosystem has around 900 hi-tech firms within 80 kilometres of the town centre and the largest investment per capita in Europe, and interaction with
entrepreneur there will make a difference, Karlo said.

Executives with business experience shall be eligible for this course. They need to have a GMAT score of more than 640 or a score of Common Admission Test (CAT) as eligibility criteria, Karlo said.

The one residential programme costs over Rs 8.75 lakh, and the batch size will be between 40-60 students. The participants will be awarded certificates from Pembroke King College.

One year MBA course for family owned businesses

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