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IIM INDORE's

Post Graduate Certificate Programme in Family Business Management & Entrepreneurship - Batch 02

Harness Capabilities & Competencies Towards Effective Business Management

Eligibility

Minimum 2 Yrs+ Work Ex. &
50% marks in UG/PG

Duration

12 Months

Fee

INR 4,50,000 + GST

Exclusive of GST; payable in easy installments with loan option available

Live Online Lectures: Every Wednesday, 7:00 to 8:15 PM IST & Saturday 2:30 to 5:15 PM IST

  • 9 Days of On-Campus Module
  • IIM-I Executive Education Alumni Status
  • Get a Certificate of Completion by IIM-I

Mode of Instruction: English

EFMD EQUIS ACCREDITED AACSB ACCREDITED Association of MBAs ACCREDITED

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Programme Overview

Are you an aspiring leader within a family business or an entrepreneurial-minded individual looking to create and develop new ventures? The Family Business Management Programme at IIM Indore is designed specifically for you. Our program equips the next generation of family scions with the essential skills and competencies needed to thrive in today's volatile, uncertain, complex, ambiguous, and disruptive business environment.

  • ACCELERATES YOUR BUSINESS GROWTH
  • HELPS DEVELOP ENTREPRENEURIAL ACUMEN
  • STRATEGIZE BETTER & LEAD EFFECTIVELY

Programme Objective

  • Equip family business leaders with specific skills to capitalize on opportunities and overcome challenges.
  • Provide a comprehensive understanding of business operations and the latest management methodologies.
  • Enhance leadership skills to drive innovation within the family business.
  • Foster the creation of a business model that can endure for generations.

What Does This Programme Cover?

Module 1 - Management practices for Entrepreneurs

  • Getting to know your Business
  • Entrepreneurial Economics
  • Basic analytics for business decisions
  • Cultivating Strategic Thinking
  • Managing Accounts & Commercial Functions
  • Entrepreneurial Marketing
  • Perspectives on managing and leading
  • Art and craft of communication
  • Entrepreneurial Operations Management
  • Digitization of Business

Module 2 - Business Landscape for Entrepreneurs

  • Legal aspects of business
  • Business Regulatory framework
  • Financial Management
  • Business macro environment
  • Entrepreneurial Corporate Strategy
  • Demand forecasting and sales management
  • Supply chain management
  • Emerging technology and its business impact
  • Negotiation and conflict resolution
  • Digital platforms and data monetization
  • Teams and Transformation

Module 3 - Entrepreneurial Success

  • Building and growing Family businesses
  • Execution and its challenges
  • Governance structure in family business
  • Succession planning in family business
  • People management in family business
  • New Age Sales & Distribution Management
  • New Age Product and Operations Management
  • Driving Change Management in Family Businesses
  • Organization structure and design
  • Managing business and family brand
  • Business and Society
  • Creating Business Models, Value Proposition, Use of Canvases

Simulations

  • Online simulations spread across the program duration

Campus modules

  • Three campus modules, spread across the program duration

Capstone projects

  • Broadly, the themes will be “apply performance gap” and “opportunity gap"

Why should you invest in this programme?

Elevate your expertise with a cutting-edge Family Business & Entrepreneurship programme from a top-tier IIM, renowned for its proven pedagogy.

Successful completion of the Programme bestows participants with the prestigious IIM Indore Executive Education Alumni status.

Tailored for entrepreneurs, the programme emphasizes real business use cases and is facilitated by domain experts for maximum impact.

Immerse yourself in 9 days of intensive learning at the scenic IIM Indore Campus, spread across 3 phases, each spanning 3 days, strategically designed for maximum retention and impact.

Experience hands-on learning with insightful use-cases and discussion-led sessions, culminating in a practical Capstone Project.

Gain actionable strategies in marketing, finance, and innovation through the latest theories and best practices.

IIM Indore Advantage

  • IIM Indore is among the top 5 IIMs in the country and among the top 100 MBA schools globally
  • Among 1% of MBA schools globally to be bestowed with the prestigious ‘triple crown’ by global MBA institute accreditation bodies

Meet the Programme Director

Prof. Kajari Mukherjee

Prof. Kajari Mukherjee, a Professor at the Indian Institute of Management Indore, specializes in Organization Design using Complexity Theory, Human Resources Management focusing on family businesses, and Corporate Social Responsibility in emerging countries. With over two decades of industry experience across various sectors such as IT, BFSI, FMCG, Oil & Gas, Manufacturing, Ports & Infrastructure, and Engineering, both in public and private sectors, she brings a wealth of practical knowledge to her academic pursuits.

Before her academic career, she held senior positions including Head of the Department of Human Resources Management at a software firm and Principal Consultant at a leading consultancy firm, where she focused on change management, HR process design, and corporate social responsibility. Prof. Mukherjee holds an M.Sc. in Mathematics, a PGDRM from IRMA, and a Ph.D. from Tata Institute of Science (TISS).

She was awarded the Chevening scholarship (UK) in 2004 and has received multiple research grants. Recognized for her excellence in teaching, she was honored with the "Best Teacher" award at IIM Indore.

Prof. Kajari Mukherjee

Programme Director

Learn at your own pace

01
You Invest

INR 4,50,000 + GST

02
Pay in

4 Easy Installments

03
Duration

12 Months

04
Admission Closes on

May 2024

05
Commencement

June 2024

06
Convenient Timings

Wednesday, 7:00 to 8:15 PM IST,
Saturday 2:30 to 5:15 PM IST

Frequently Asked Questions (FAQs)

The programme emphasizes application and learning through case and discussion methods, encouraging participants to learn by actively engaging in assignments and projects. Simulations will play a crucial role in refining analytical skills, enabling participants to develop the ability to analyze problems from multifunctional perspectives. The culmination of the programme will be a Capstone Project, in which all the acquired knowledge will be applied to a real-life case scenario, integrating the various aspects of learning.

Participants who successfully complete the programme will receive the prestigious status of Executive Education Alumni. To attain this status, they must submit a separate application along with the necessary registration fee. The benefits offered to Executive Education Alumni include:

  • Mere successful completion of the programme, submission of the application, and payment of the fee don’t automatically grant eligibility for the executive education alumni status.
  • IIM Indore retains the right to confer the executive education alumni status.
  • Reception of brochures and newsletters from IIM Indore.
  • Access to the IIM Indore Campus Library (onsite access only).
  • Provision of an official email ID from the institute.
  • Issuance of an ID Card

Participants who have successfully completed the programme need to apply separately to register their names with the IIM Indore Executive Education Alumni. This registration requires a fee of INR 1000 + applicable taxes for a 2-year membership and INR 10,000 + applicable taxes for a Lifetime membership.
Please note that the one-time fee for the Executive Alumni Status, which is an add-on to the programme fee, is subject to revision based on the discretion of the IIM Indore management.

Fees Towards Deadline Amount
Commitment fee At the time of acceptance of the offer Letter of admission Rs. 10,000
Programme Fee
(1st Installment)
Payable at the time of admission (excluding GST) Rs. 1,10,000
Programme Fee
(2nd Installment)
Payable within 3 months of admission (excluding GST) Rs. 1,10,000
Programme Fee
(3rd Installment)
Payable within 6 months of admission (excluding GST) Rs. 1,10,000
Programme Fee
(4th Installment)
Payable within 9 months of admission (excluding GST) Rs. 1,07,000
Total Fee
(Exclusive of Application Fee & GST)
Rs. 4,47,000

  1. Professionals with more than 2 years of experience
  2. Aspiring entrepreneurs and business owners seeking to refine their skills and strategies in business management and innovation.
  3. Next-generation family business leaders aiming to navigate the unique challenges of family dynamics, succession planning, and sustainable growth.

Participants are required to attend all sessions of a given course. In case of emergencies, participation in management festivals, co-curricular activities, and other valid reasons, participants may seek leave, which is subject to approval by the Programme Director. However, it's important to note that a minimum attendance of 75% is mandatory for the final grading.

Become a New Age Entrepreneur with IIM Indore Today

Phone Number - (+91) 8929010853 Email - iimindore@vcnow.in

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