FAQs

• Is this course specifically tailored for students from family-owned construction businesses?

  Yes, but that’s not all there is! This programme is a niche offering that caters to an untapped need for expanding the family business horizon through better strategizing, innovation and application of leadership skills for growth and expansion/scale-up.

  Every semester of the course has been carefully designed with a focus on developing managerial skills, leadership potential along with business, technical, and digital acumen.

• 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 the construction sector in a post-covid economy continues to deal with increasing challenges and complexity, family-run businesses, in particular, have to learn how to survive and compete within this dynamic business environment in the new world.

  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. Develop strategic thinking and alignment with business processes
  ii. Foster creativity and develop an innovation mindset
  iii. Apply analytic tools, digital tools, and functional expertise in business decision making
  iv. Enhance leadership skills and interpersonal sensitivity for collaborative working
  v. Developing excellence in managing a socially responsible and sustainable family business

• Do you provide any placement opportunities for this programme?

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

• How will this programme help me apply the learnings in my family business?

  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 family 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.