Overview

Gear up to take your family-owned business to the next level with this power-packed programme designed for the future business leaders and entrepreneurs. Receive unparalleled proficiency in concepts and skills required to traverse the complexities of your business.

Unleash your potential

What You'll Learn

Through the Family Business and Entrepreneurship, you will learn:

  • Manage business professionally as Future Leaders with empathy, collaboration and leadership.
  • Traverse the complexities of family business organization through business acumen, research, innovation and application of digital technologies.
  • Lead sustainable businesses with ethical integrity and social responsibility.
  • Establish as entrepreneurs with clarity in vision and strong understanding of the business life cycle.

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Programme at a Glance

The unique MBA FBE programme preps you to spearhead the most advanced business projects, and see them to their success.

Highlights

Designed for the next-gen business leaders

From expanding your vision and understanding the business life cycle to improving your business acumen and acquiring necessary digital and analytical capabilities, this programme brings to life and encourages the true leader within you.

Two modes of learning

The only programme in Family Business and Entrepreneurship that offers the flexibility of two modes - PGD in FBE and MBA in FBE - this programme allows an immense choice in earning credits and structured learning based on individual career goals and business needs.

Format

Blended and intensive learning format through Lecture sessions, Seminars and Workshops On-Campus and Off-Campus Application Projects in every Semester (I, II, III and IV).

International Immersion (Optional)

Students can choose to undertake an optional International Immersion experience of 6-10 weeks in Semester IV.

Centre for Entrepreneurship and Innovation

The Centre for Entrepreneurship and Innovation (CEI) is run by a dedicated team of faculty members of NICMAR University, Pune who are very passionate about building a start-up and entrepreneurial eco-system in the University.

Location

Pune Campus


Seamlessly blending with Baner’s elite, cutting-edge lifestyle, our Pune campus will leave you enchanted with its state-of-the-art learning and living facilities.

Duration

MBA FBE

Two years full time

The only programme in Family Business and Entrepreneurship that offers the flexibility of two modes - PGD in FBE and MBA in FBE - this programme allows an immense choice in earning credits and structured learning based on individual career goals and business needs.

Courses

Semester 1

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# Course Name Course Type
1 Essentials of Business Finance Core
2 Management and Organizational Behaviour Core
3 Economics for Business Decision I Core
4 Marketing Management Core
5 Information Technology enabled Business Core
6 Business Environment (ESG, SDG's and Sustainability) Core
7 Business Communication Skills Enhancement
8 Entrepreneurship Core (Domain)
9 Business Storytelling Value Added Workshop
10 Creativity Studio & Immersive Learning: Films, Art and Literature Seminars
11 BUSNESS MODEL CANVAS Project

Semester 2

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# Course Name Course Type
1 Entrepreneurial Finance Core
2 Strategic People Management Core
3 Economics for Business Decision II Core
4 Marketing Strategies Core
5 Operation Management Core
6 Business Intelligence Core
7 Legal aspects of Business Core
8 Strategic Communication Skills Enhancement
9 Family Business Fundamentals Core (Domain)
10 Leadership and Change Lab Value Added Workshop
11 Emerging Business/Market Opportunities Seminars
12 BUSINESS MODEL CANVAS Project

Semester 3

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# Course Name Course Type
1 B2B Marketing Core
2 Supply Chain Management Core
3 Digital Transformation Core
4 Strategic Management Core
5 Personal Branding and Networking Value Added Workshop
6 Foreign Language MOOC
7 Statutory compliance and Taxation Seminar
8 BUSINESS MODEL CANVAS Project
*STREAM 1 – ENTREPRENEURIAL VENTURE CREATION
I Corporate Entrepreneurship Elective
II Ideation and New product Development Elective
III Design Thinking for Innovation Elective
IV Site Administration and Control Elective
V Contracts and Claims Management Elective
VI Construction Quality and Safety Management Elective
*STREAM 2 – FAMILY BUSINESS MANAGEMENT
I Project Management Elective
II Project Formulation and Appraisal Elective
III Knowledge Management Elective
IV Elective Site Administration and Control Elective
V Contracts and Claims Management Elective
VI Construction Quality and Safety Management Elective

*STREAM CHOICE – Students have an option to choose 6 credits either from Stream 1 or Stream 2.

Semester 4

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# Course Name Course Type
1 Digital Marketing Core
2 Intro to Business Analytics (AI/ML) Core
3 Business Ethics and Corporate Governance Core
4 Innovative Business Models MOOC
5 Social Entrepreneurship Seminar
6 BUSINESS MODEL CANVAS Project
*STREAM 1 – ENTREPRENEURIAL VENTURE CREATION
I Intellectual Property Rights (IPR) Elective
II Disruptive Technologies Elective
III Venture and PE funding Elective
IV Building Information Modelling Elective
V Real Estate Management Elective
VI Public Private Partnerships (PPPs) Elective
*STREAM 2 – FAMILY BUSINESS MANAGEMENT
I Family Business Succession Elective
II Business Risk Management Elective
III Family Business Growth and Funding Elective
IV Building Information Modelling Elective
V Real Estate Management Elective
VI Public Private Partnerships (PPPs) Elective

* STREAM CHOICE – Students have an option to choose 6 credits either from Stream 1 or Stream 2.

* Optional International Immersion – Students can choose to undertake an optional International Immersion experience of 6-10 weeks in lieu of SEMINAR and BUSINESS MODEL CANVAS Project of 6 credits. This is subject to International Immersion/Internship opportunities availed by NICMAR University, Pune for a particular year at additional cost.

*The course structure is indicative and subject to change based on NICMAR University, Pune guidelines and industry trends.

Pedagogy

1. Regular classroom sessions and assignments coupled with comprehensive assessment make this programme rigorous.

2. The students will be imparted training on state-of-the-art software used in construction like Advanced Excel, Power BI, Tableau, Microsoft Projects (MSP) and Building Information Modelling (BIM).

3. Workshops on developing managerial skills towards enhancing entrepreneurial competency.

4. Experiential learning and application-based projects to help develop leadership potential and decision-making capabilities.

5. Case studies, group and individual exercises, class projects and simulation of business environment to enrich the overall programme delivery.

6. Mentors will be assigned to every work group of the programme. The idea is to support and incorporate the learnings into individual businesses and orient participants towards being future ready.

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An enriching environment

Class Profile

Being a niche and focused programme, graduates with a few years of experience in their family business operations make up for a majority of the batch.

  • 23-24

    Average age

  • 15-20

    Students Per Batch

  • 11

    Average Courses Each Semester

  • 20

    Average Credits Per Semester

department-details

Our leader

Dr. Soumi Rai
Head, MBA FBE

Soumi brings with her a combined experience of 23 years from the corporate sector and academia into her role as the Head. She has worked with the corporate consulting domain and across prestigious academic institutions like Symbiosis International University. She has worked on many prestigious assignments, including one with the Social Research Centre (WZB), Germany.

Soumi is a researcher in the field of leadership, entrepreneurship, diversity, generational and cross-cultural issues, having published numerous case studies, book chapters and research articles across reputed peer-reviewed national and international publications. She is also the recipient of NICMAR Research Excellence Award 2019.

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Admission Requirements

  • Candidates with a regular graduate degree in any discipline with minimum 50% aggregate marks (45% for the candidates from reserved category) from a recognised institution / university are eligible. Final year graduating students can also apply. However, such candidates must have completed (passed) their Graduation before the commencement of programme. Candidates with a keen interest or background in Entrepreneurship/Startups/Family Business are encouraged to apply.
  • This programme is also open to students who are in their final year of graduation. However, they must have completed their graduation before the commencement of this programme.
  • Applications received are evaluated and eligibility is established on the basis of the documents submitted. Eligible students are invited to appear for the selection procedure, which comprises Post Graduate NICMAR Common Admission Test (PG-NCAT), Group Discussion (GD), Personal Interview (PI) and Rating of Application (RA).

FAQs

  • What makes this programme stand out?

    As a next generation successor, this course will enhance and elevate your leadership, managerial and entrepreneurial potential, equipping you with the knowledge and tools to move upwards in your business domain.

    Alongside the leverage of NICMAR’s brand value, a legacy of almost 4 decades and the vast alumni network will be an added advantage in crafting your business success story.

  • Why should I sign up for this programme?

    As a graduate of this programme, you can develop the necessary managerial and leadership abilities, and pass them onto your family members in the business as well. This allows you to effectively scan the business environment, forecast changes, be prepared for potential turmoils, innovate, and diversify too.

  • What are the objectives of this programme?

    Through its comprehensive curriculum and action-oriented learning modules, the MBA - FBE programme seeks to support the professionalization, scaling up, growth, and expansion for the new generation of family business entrepreneurs and leaders through the following objectives:

    i. Provide student with advanced knowledge in functional areas of business management.
    ii. Enable students to establish themselves as entrepreneurs with strong understanding of the business life cycle.
    iii. Equip students with a strategic mindset towards optimum and efficient utilization of resources.
    iv. Enable students to form, validate and grow business ventures.
    v. Promote ethics and social responsibility amongst students.

  • Do you provide any placement opportunities for this programme?

    Since this programme is specifically designed for the successors of already established family business and future entrepreneurs, we don’t offer any placement opportunities.

  • How will this programme help me apply the learnings?

    We have designed the entire curriculum from an application-oriented perspective. Through individual and group projects, you’ll be encouraged to apply your conceptual learning and case-based understanding into your specific business. This helps you understand and analyze the impact of your learning in the real business situational contexts.

  • Do you organize special events and extra-curricular activities for students of this programme?

    Absolutely, we do! We have a vibrant and diverse student community that keeps the NICMAR spirit alive through a plethora of activities and events as part of the informal learning process. They promise to provide both cultural and interpersonal development while enhancing values like respect for all and attributes like tolerance to ambiguity, creative thinking, problem solving, and team empowerment.

    As a student of MBA FBE, you can rest assured that you’ll receive a holistic environment that leaves no stone unturned in your overall development.

Celebrate our
2022 graduates!

Take a look at our talented learners that transformed into lifelong leaders after passing out with flying colours.

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Explore more programmes at NICMAR Business School.

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News & Updates

NICMAR University is Recognised as State Private University by UGC.

NICMAR University Pune Act (L. C. Bill No. Of 2022) was passed by Maharashtra State Government on 16th March, 2022 and appeared in “Maharashtra Government Gazette” on 12th May 2022 (Mah. Act No. XXXVI of 2022).