MBA Family Business Distance Education Admission 2024: MBA Family Business Distance Education is a two-year postgraduate program for those managing or planning to grow family-owned businesses. The course covers business management, succession planning, entrepreneurship, and leadership, making it suitable for individuals involved in family enterprises. Eligibility Bachelor’s degree with at least 50% marks from a recognized university. Some universities may require work experience.
Admission Process: Apply online, submit documents, and attend an entrance exam or interview if required. Admission Last Date: 30 Nov 2024 Syllabus: Includes Family Business Management, Succession Planning, Entrepreneurship, Financial Management, Marketing Strategies, and Leadership Development. universities Offering Admission: William Carey University and Subharti University offer this program through distance education. The application fee ranges from INR 1,000 to INR 2,000,
MBA Family Business Distance Education Quick Overview
- Course Full Name: Master of Business Administration in Family Business Distance Education
- About: The MBA Family Business program in distance mode is an in-demand program. It helps you learn how to manage and grow family businesses. You will learn to deal with the unique challenges and benefits of running a family business, combining management skills with family business insights.
- Eligibility: Bachelor’s degree with 50% or higher percentage or equivalent CGPA.
- Duration Of Program: 2-4 year
- Courses: The subjects cover Family Business Management, Succession Planning, Financial Management, Marketing Strategies, Organizational Behavior and Corporate Governance as well as Business Ethics.
- Career Planning: After finishing the Distance MBA in Family Business course, you may work as a Family Business Manager, Business Consultant, Financial Advisor or Operations Manager.
- Average Salary: Your salary depends on whether the skills acquired in business administration are used after graduation.
- How to Apply: Log on to the IMTS and visit the admission portal. Here, register yourself and get a free counseling session from an admission consultant. The counsellors can assist you and give the help you need in case of any difficulty or advice with transferring on.
- Approx. Fees: The fee of MBA Family Business Distance Education is approx INR 30,000 per year.
MBA Family Business Distance Education Admission Latest Updates
- SKU University: MBA Family Business course includes Strategic Management, Family Business Governance, and Financial Planning. Program fee: INR 45,000 per year.
- NIILM University: Course subjects include Entrepreneurship, Succession Planning, and Business Analytics. Annual fee: INR 50,000 per year.
- Mangalayatan University: Program offers subjects like Leadership Development, Business Law, and Organizational Behavior. Approx fee: INR 48,000 per year.
- Subharti University: Key subjects include Family Business Dynamics, Innovation Management, and Market Strategy. Approximate fee: INR 42,000 per year.
MBA Family Business Distance Education Highlights
| Course Name | MBA in Family Business |
| Full Form | Master of Business Administration in Family Business |
| Eligibility | Bachelor’s degree with at least 50% marks |
| Duration | 2 years |
| University Name | IMTS Institute |
| Minimum Percentage Required | 50% in graduation |
| Study Mode | Distance Learning |
| Subjects | Business Strategy, Entrepreneurship, Finance, Marketing, Family Business Management, Organizational Behavior |
| Program Level | Postgraduate |
| Average Salary Offered | INR 4,00,000 – INR 10,00,000 per annum |
| Age Limit | No age limit |
| Job Roles | Business Consultant, Family Business Manager, Entrepreneur, Strategy Manager, Operations Manager |
| Average Course Fees | Rs 24,956/- to Rs 68,954/- per year |
About the Program
The two-year distance learning MBA in Family Business is designed for working professionals seeking to upgrade their skills. With an application fee of INR 5,000, you can enroll yourself. Candidates need a bachelor’s degree with 50% marks from a recognized university. The program is UGC-DEB approved with annual fees ranging from INR 30,000-70,000. IMTS provides comprehensive study materials, online support, and expert guidance throughout the course duration.
MBA Family Business Distance Education Application Process
- Submit Online Application: Complete the application form through the IMTS portal with the required documents and INR 5,000 application fee.
- Academic Eligibility: Bachelor’s degree holders with a minimum of 50% marks can apply. No age restriction for admission.
- Career Counseling: Schedule a free counseling session with IMTS experts to understand program benefits and career opportunities.
- Document Verification: Submit educational certificates, ID proof, and necessary documents for verification.
- Enrollment Completion: Receive admission confirmation and access to online learning resources after successful verification.
MBA Family Business Distance Education Program Overview
- Course Duration: 2 years minimum, 4 years maximum flexibility for working professionals
- IMTS Support: 24/7 academic support, expert faculty guidance, and regular online sessions
- Study Material: Comprehensive digital resources and physical study materials provided
- Career Prospects: Preparation for roles like Family Business Manager, Business Consultant, Operations Director
Popular Universities Offering the Program
| University Name | Eligibility | Approx Fees/Year |
| William Carey University | Bachelor’s 50% | INR 45,000 |
| Mangalayatan University | Bachelor’s 45% | INR 48,000 |
| NIILM University | Bachelor’s 50% | INR 50,000 |
| SKU University | Bachelor’s 45% | INR 45,000 |
Why Choose IMTS MBA in Family Business?
- Flexible Learning Structure: Study at your own pace while managing business responsibilities
- Industry-Relevant Curriculum: Updated content focusing on real family business challenges
- Expert Guidance: Access to experienced faculty and industry professionals
- Networking Opportunities: Connect with other family business professionals
Benefits of the IMTS Program
- Comprehensive Support: 24/7 access to study materials, faculty support, and online resources
- Practical Learning: Real-world case studies and practical applications in family business context
- Career Development: Skills enhancement for better business management and growth
- Cost-Effective: Affordable fee structure with flexible payment options
What is an MBA in Family Business?
The MBA in Family Business Distance Education is a specialized management program designed to equip future leaders of family-owned businesses with essential skills. The program combines fundamental business concepts with unique aspects of family enterprise management. Students learn to navigate both business operations and family dynamics while developing strategic decision-making abilities.
The curriculum focuses on key areas including succession planning, family governance, financial management, and strategic growth. Students develop crucial skills in leadership, conflict resolution, and professional management integration. The program structure includes both theoretical knowledge and practical applications through case studies of successful family businesses.
Why Choose IMTS MBA in Family Business Distance Learning?
- Specialized Curriculum: The program offers targeted learning focused on family business challenges and opportunities, including succession planning, governance, and strategic management. Perfect for those looking to professionalize their family enterprise.
- Flexible Study Options: IMTS provides 24/7 access to online resources, allowing students to balance their studies with business responsibilities. Study materials are designed for self-paced learning with expert support when needed.
- Industry Connections: Students benefit from IMTS’s network of successful family business leaders and industry experts. Regular webinars and workshops provide insights into real-world business challenges and solutions.
- Career Enhancement: The program prepares students for leadership roles in their family businesses or as consultants to other family enterprises. Gain skills in strategic planning, financial management, and business transformation.
Benefits of Choosing IMTS MBA in Family Business Distance Learning
- Practical Business Skills: Develop essential management capabilities while learning to address specific challenges of family-owned businesses. The program includes real-world case studies and practical projects.
- Professional Network Building: Connect with other family business professionals and industry experts through IMTS’s extensive network. Share experiences and learn from peers facing similar challenges.
- Comprehensive Support System: Access dedicated academic mentors, career counselors, and technical support throughout your learning journey. Regular feedback and guidance ensure steady progress.
- Cost-Effective Learning: Get quality education at an affordable cost with flexible payment options. Save on accommodation and travel expenses while continuing to work in your business.
List of Popular Universities Offering MBA in Family Business DDE
| University Name | Eligibility | Approx Fees |
| William Carey University | Bachelor’s degree (50%) | INR 45,000/year |
| Mangalayatan University | Bachelor’s degree (45%) | INR 48,000/year |
| NIILM University | Bachelor’s degree (50%) | INR 50,000/year |
| SKU University | Bachelor’s degree (45%) | INR 45,000/year |
MBA in Family Business Distance Education Application Eligibility Criteria
- Educational Qualification: Bachelor’s degree in any discipline from a recognized university with minimum 50% aggregate marks (45% for SC/ST/OBC candidates). Final year students can also apply with provisional certificates.
- Age Requirement: No upper age limit for admission to the MBA in Family Business Distance Education program, making it accessible for experienced professionals and family business owners.
- Work Experience: While not mandatory, candidates with family business experience or professional work experience are given preference during the admission process.
- Language Proficiency: Basic English language proficiency is required as the study materials and assignments are in English.
MBA in Family Business DDE Fee Structure
- Total Program Fee: INR 30,000 – 70,000 per year depending on the chosen university
- Application Fee: INR 5,000 (non-refundable)
- Study Material Cost: INR 8,000 – 12,000 (included in total fee)
- Examination Fee: INR 1,000 per semester
- Additional Costs:
- Assignment submission: INR 500 per semester
- Project work: INR 2,000 (final semester)
- Convocation fee: INR 1,500 (one-time)
How to Apply for IMTS MBA in Family Business Distance Education
- Visit IMTS Website: Navigate to www.imtsinstitute.com and click on the MBA in Family Business Distance Education admission portal.
- Register Online: Create your account by filling in basic details and contact information. You’ll receive a confirmation email with login credentials.
- Complete Application: Fill out the detailed application form with your academic history, work experience, and family business background.
- Document Submission: Upload all required documents in PDF format through the online portal or submit physically at the IMTS center.
- Free Career Counseling: Schedule a counseling session with IMTS experts to discuss program details and career opportunities.
- Application Fee Payment: Pay the INR 5,000 application fee through available online payment options.
- Admission Confirmation: Receive admission confirmation and study material access within 5-7 working days.
Documents Required for MBA Family Business Distance Education
- Educational Documents:
- Bachelor’s degree certificate and mark sheets (all semesters)
- 12th standard mark sheet
- 10th standard mark sheet
- Migration certificate (if applicable)
- Personal Documents:
- Valid ID Proof (Aadhar Card/PAN Card/Passport)
- Recent passport size photographs (4 copies)
- Updated resume highlighting business/work experience
- Additional Documents:
- Family business details (if applicable)
- Work experience certificates
- Category certificate (SC/ST/OBC) if applicable
Career Prospects for MBA Family Business Distance Education
- Management Roles:
- Family Business Manager (Average Salary: INR 8-12 LPA)
- Operations Director (Average Salary: INR 12-18 LPA)
- Strategic Planning Head (Average Salary: INR 15-20 LPA)
- Consulting Opportunities:
- Family Business Consultant
- Succession Planning Advisor
- Business Transformation Specialist
- Entrepreneurial Paths:
- Family Business Leadership
- New Venture Development
- Business Expansion Projects
MBA Family Business Distance Education Subjects and Curriculum
Year 1 – Semester 1
| Subject Code | Subject Name | Credits |
| FB101 | Principles of Management | 4 |
| FB102 | Family Business Dynamics | 4 |
| FB103 | Financial Management | 4 |
| FB104 | Marketing Strategy | 4 |
| FB105 | Business Communication | 3 |
Year 1 – Semester 2
| Subject Code | Subject Name | Credits |
| FB201 | Strategic Management | 4 |
| FB202 | Succession Planning | 4 |
| FB203 | Corporate Governance | 4 |
| FB204 | Business Ethics | 3 |
| FB205 | Organizational Behavior | 4 |
Year 2 – Semester 3
| Subject Code | Subject Name | Credits |
| FB301 | Innovation Management | 4 |
| FB302 | Business Analytics | 4 |
| FB303 | Leadership Development | 4 |
| FB304 | Change Management | 3 |
| FB305 | Project Management | 4 |
Year 2 – Semester 4
| Subject Code | Subject Name | Credits |
| FB401 | Family Business Project | 6 |
| FB402 | Strategic Planning | 4 |
| FB403 | Global Business Management | 4 |
| FB404 | Risk Management | 3 |
| FB405 | Business Transformation | 4 |
Conclusion
The MBA in Family Business Distance Education program offers a comprehensive pathway for professionals seeking to enhance their family business management skills. With flexible learning options, industry-relevant curriculum, and extensive support from IMTS, students can effectively balance their business responsibilities while upgrading their knowledge. The program’s focus on practical applications, combined with theoretical foundations, prepares graduates for successful careers in family business management and consulting roles. The affordable fee structure and convenient admission process make it an attractive option for ambitious professionals looking to transform their family enterprises through professional education.
