MANAGEMENT PROGRAMME FOR FAMILY BUSINESS (MFAB) is an in-depth general management programme from Indian School of Business (ISB). This programme is developed for young business leaders who are more involved in family businesses and planning to manage their business and also for people who desire to work in family business.
Eligibility: Members of family businesses who intend to manage their business are eligible to apply to the programme.
- Bachelors’ Degree or an equivalent qualification Applicants should have completed the bachelor’s degree as the time of submitting the application.
- No work experience is required for admission. However, the ISB strongly feels that an experience of 2-3 years will add a lot of value.
- Should from family business background and willingness to carry it forward.
- BAT score
The ISB MFAB or Post Graduate Program for Management in Family Business is a 15-month program that is designed for owners of family businesses or second-generation business experts who look to improve their overall administration abilities.
The class in the ISB MFAB program has candidates with an average candidate work experience of 3 years with an average age of 25 years.
Is the ISB MFAB program valuable and what are the benefits?
The genuine worth of an MBA from ISB is the varied exposure it gives you. The class at ISB PGP MFAB at ISB Hyderabad comprises understudies from different enterprises like manufacturing, trading, real estate, Pharma, logistics, financial services, FMCG, and many others. Class collaboration gives points of view of various ventures which provides you with the vision of how the business may shape or industry holes that you track down the following industry opportunity in.
The ISB MFAB program is an overall administration program for privately-owned company proprietors and it is conveyed according to the proprietor’s point of view. The students will also get international exposure at the Kellogg School of Management for 1 week.
The genuine ROI of ISB PGP MFAB is the contemporary worldwide information, the companion organization, and the believability that accompanies it. Assuming that long view is the thing that you have as a primary concern you ought to take a look at the ISB MFAB seriously.
As a graduate of the ISB PGP MFAB program at ISB Hyderabad, you get the upside of being a part of the comprehensive 10000+ worldwide community of ISB graduated alumni as well as being a part of course reviews, gatherings, workshops, and seminars led at ISB.
Selection Criteria
Participants will be evaluated on a combination of factors:
- Family business knowledge
- Business leadership potential
- Achievements
- Work experience
- Undergraduate degree performance
- Performance in BAT
- Scale, size, complexity of business and length of existence of business
| R1: 10-Nov-2024 | Application Fee: Rs.15,000 |
| R2: 09-Mar-2025 | Rolling Basis: Rs.15,000 |
| BAT test date | NA |
| Decision date | Rolling basis |
Application essays for ISB MFAB 2024 intake:
- Why do you intend to pursue ISB PGP MFAB program?
- According to you, what are the main challenges faced by your business and how would you address them?
- Describe an important initiative that your business has undertaken during the past 5 years. Explain why you consider it important. You may share an initiative taken by your company even if you were not necessarily involved or associated with it.
- Optional Essay: Examples of things to list here would include explanations for gaps in work or education, inconsistent or below average academic performance. Use this space to also highlight work and non-work related awards & achievements which you feel would add value to your application.
Also explore ISB’s other executive programs