3 MBA Programs in Family Business

An MBA in Family Business is specifically tailored for those students who intend to take over the family business. These are not just mom-and-pop shops; many multinational corporations are essentially family-owned businesses, and some of the issues they face are qualitatively different from those of other companies. What is an MBA in Family Business? It’s a relatively new master’s degr… Read more

An MBA in Family Business is specifically tailored for those students who intend to take over the family business. These are not just mom-and-pop shops; many multinational corporations are essentially family-owned businesses, and some of the issues they face are qualitatively different from those of other companies.

What is an MBA in Family Business? It’s a relatively new master’s degree recognizing that family businesses represent a substantial proportion of the business sector and that they face unique circumstances in an unpredictable global economy. Courses are designed to help fledgling entrepreneurs keep up with changes in competition and organization as a function of globalization, liberalization, and privatization. The ability to navigate uncertain economic waters made choppy by the complex dynamics inherent to family-owned businesses is a necessity for those planning to work in such an environment.

The value of a Master of Business Administration is that it fosters the entrepreneurial spirit and the development of best practices for family business management. This involves exploring business continuity, succession planning, opportunity and failure analysis, governance, boards, taxes, and financing. A good program should provide a sound balance between theory and practice, which allows students to apply knowledge in practical ways.

The cost of earning this master’s degree and the program duration vary from institution to institution, so interested students should put some time into carefully researching prospective schools. Prerequisites, costs, curriculum, and time frames are some of the key details to examine.

Graduates are pursuing executive or managerial positions. Many intend to join the family business with an eye toward assuming the helm when the time is right. Further, this master’s degree often pairs family business with entrepreneurship. Thus, some graduates use this program as a springboard to starting up their own company or running an existing small or medium-sized business. Whether the family business is large or small, well-established or just starting up, graduates are better prepared to help it keep up with the competition.

MBA in Family Business programs are offered from a variety of reputable institutions at different times of the year. Online courses now make it much easier for students to pursue such a degree. Search for your program below and contact directly the admission office of the school of your choice by filling in the lead form.

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Other options within this field of study: 
Universal Business School
Mumbai, India

This program will offer students the opportunity to obtain an MBA in either Business Management, Family Business Management or Global MBA while experiencing a blend of two dis ... +

This program will offer students the opportunity to obtain an MBA in either Business Management, Family Business Management or Global MBA while experiencing a blend of two distinctive cultures by living 6 months in Spain & 6 months in India with a much lower cost. -
MBA
Full-time
English, Spanish
08 Jun 2020
01 Jun 2020
Campus
 
ID Digital School
Madrid, Spain

The title of Official MBA in Family Business Management has a predominantly professional orientation. This Official MBA specialized in Family Business aims to provide students ... +

The title of Official MBA in Family Business Management has a predominantly professional orientation. This Official MBA specialized in Family Business aims to provide students with advanced training of specialized and multidisciplinary academic character. -
MBA
Part-time
9 months
Spanish
Campus
 
Meredith College
Raleigh, USA

Entrepreneurship is one of the fastest growing areas of study in business schools across the U.S. More than 65% of millennials have a significant interest in being an entrepre ... +

Entrepreneurship is one of the fastest growing areas of study in business schools across the U.S. More than 65% of millennials have a significant interest in being an entrepreneur. -
MBA
Full-time
English
Sep 2020
Campus