Family Business Management

Family Business Management

Family Business Management

Managing any business can be challenging these days particularly with the increasing impact of technology and globalization. Managing a family business can be additionally challenging as working with family members adds a further complication to the tasks of management and can make managing in some cases more difficult, in some easier or both. The Specialization will explore the business, personal and family issues found in family owned and managed companies. The managerial, strategic, and behavioral complexities in these firms are also analyzed. Through case studies and guest speakers, we consider questions of ownership, succession, sibling rivalry, attracting and retaining non-family talent, estate planning, and financing the family owned enterprise. The specialization is directed towards students who will enter into the management of family businesses, either their own family’s or someone else’s, and students who will do business with family firms, consult to them, work with them in private wealth management, mergers and acquisitions, banking, consulting, outsourcing, etc.

Subject Code Subject (core courses)
305FBM Essentials of Family Business Management – I
306FBM Managing Innovation – I
Elective Courses
307FBM Business Plan
308FBM Private Equity
309FBM Franchising
310FBM Social Entrepreneurship
311FBM Intraprenuership
312FBM Trends in Entrepreneurship
313FBM Small Scale Industries Management
314FBM Entrepreneurial Case Study
Subject Code Subject (core courses)
403FBM Essentials of Family Business Management – II
404FBM Managing Innovation – II
Elective Courses
405FBM Creativity and Change in Organizations
406FBM Accounting for Small Business
407FBM Management of Intellectual Property Rights
408FBM Managing , Growing and Exiting the new Venture
409FBM Project Management
410FBM Environment and Laws
411FBM Information, Disaster and Health Management
412FBM Business Incubation
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