Acquire the cutting edge to lead your family business

Join SPJIMR’s prestigious Post Graduate Programme in Family Managed Business (PGP-FMB)

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India's leading B-School

Bhavan's Campus, Andheri, Mumbai

Contact: +91-022-6145-4359/4307

The FMB Programme

SPJIMR’s PGP-FMB (accredited by the Association of MBAs (AMBA), UK) is India’s pioneering Post-Graduate family managed business programme. The FMB programme has a history of 20 years, and boasts of over 3,500 alumni from leading businesses, spread over 250 plus cities across India and abroad.

The PGPFMB course uses a powerful, contemporary and proven methodology to prepare the next generation of family businesses, by broadening their perspectives and providing them with a set of conceptual and practical frameworks. The course makes students confident, competitive and equipped to succeed in the complex and volatile world of modern business.

Alumni of SPJIMR’s PGPFMB include well known business such as Jyothy Laboratories, R.R.Kabel ,Haldirams, Sun Pharmaceuticals ,Baidyanath Pharma, Liberty Shoes, Salgaocar Industries,Bajaj Electricals ,Anand Rathi Securities,Siyaram Silk Mills,,Girnar Foods ,Hindustan Pencils, ,Ghari Industries, Alok Industries , Gulf Petrochem, Shemaroo Entertainment ,Parag Milk and Foods, Ramraj Cotton, Balaji Foods ,Safex Fire Services,Natural Ice Cream and Lawrence & Mayo

Programme Highlights

Modular 18-month programme, conducted in three phases ,with one week on-campus and three weeks off-campus learning

The learning process focuses students on their individual business and acts as a powerful internship

Lays emphasis on Family issues (Induction, Working together, Succession Planning and Women in FMBs) and Business issues

Customised electives in Service, Manufacturing, Retail and Realty sectors

Learn from top faculty including leading industry practitioners, peers, distinguished alumni and mentors.

Special mentor workshops for students and mentors of each batch, to interact with industry experts and family business specialists.

Cross-industry learning

International Exposure

Programme Curriculum

The programme exposes participants to courses aimed at strengthening the fundamentals in all areas of functional management and providing a holistic perspective of general management in the first two phases.The Third Phase comprises of customised electives – Realty, Retail, Manufacturing and Service, in addition to a set of General electives.

Phase 1: Basic courses aimed at learning about “what is a business?”

Phase 2: Advanced courses aimed at learning the various dimensions of one’s                 own business.

Phase 3: Custom electives aimed at deeper understanding of the business sector and the opportunities and challenges therein. The four custom electives we offer are Realty, Retail, Manufacturing and Service.

Course Content

Phase 1

Understanding the Business Environment

Acquiring and Managing Customers

Introduction to Finance

Introduction to Service / Real Estate / Manufacturing / Retail Businesses

Insights to Business Planning - I

Business Improvement Project - I

Interpersonal Skills for Business Leaders - I

Managerial Decision Making – Simple Decision Making

Managing Self

Managing Teams

Family Dynamics – I

Leadership Lab

Business and Society

Phase 2

Managing Sales Force and Reseller Networks

B2B Sales

Financial Management

Introduction to Service / Real Estate / Manufacturing / Retail Businesses

Insights to Business Planning-II

Business Improvement Project-II

Interpersonal Skills for Business Leaders –II

Managerial Decision Making-Complex Decision Making

Harnessing Human Resources in FMBs

Leveraging IT for Business

Family Dynamics-II

Cost Management

Business and Society

Competitive Strategy

Strategic Negotiation

Innovation and Design Thinking

Leadership in Action

Phase 3

Legal Aspects of Business

Digital in Business

Brand, Advertising and PR Management

Business and Role Plan

Organizational Development & Change

Family Dynamics-III

Financial Planning and Wealth Management

General Electives

International Business

Private Equity & Venture Capital

International Finance

Taxation, Commercial Operations & Compliance

Entrepreneurship & Growth

E- Commerce

Doing Business in Emerging Economies

Custom Electives

Service

Retail

Realty

Manufacturing


Business and Role Plan

This is the capstone of the course, where the student, working with her/his mentor, develops a structured and detailed plan for the business that incorporates their role in the immediate years following the course. The students and their Business plan are individually mentored by a distinguished group of faculty and industry advisors. The successful defence of the business plan is an assurance to the student and their mentors that their learning is complete


International and Domestic Industry Immersion

The programme offers students multiple opportunities to visit and learn from cutting edge businesses. The highly successful and carefully curated industry immersion programs include exposure to industries and businesses in India, Japan, China, and South Korea, UAE, Europe and more.


Eligibility & Selection

Eligibility

A potential candidate for the PGP-FMB programme needs to ensure the following criteria:

Has passed an undergraduate programme from a certified/recognised University

Has a business of a certain size

Is a member of a family managed business (at least second generation), with a significant stake in business

Has familiarity with the family business or has worked in any part of the family business.

Has business acumen and is willing to learn

Has a mentor who is willing to spend time as per the requirements of the programme

Selection Process

The participant will need to apply online and pay the application processing fee either through DD, Net banking or credit card. He/she can select a date for the interview process from the pre-determined interview schedule. Interviews will be held at our campus in Mumbai.

The Admission process comprises of an online general aptitude test followed by interviews with senior faculty.

About SPJIMR

Who are we?

S.P Jain Institute of Management and Research (SPJIMR) is among india's leading business schools. We have been consistently ranked among the top 10 B-Schools in India and aspire to be Asia’s most innovative and socially responsive school of management. We are a part of the Bharatiya Vidya Bhavan Trust and function as an autonomous institute with entrepreneurial agility. We believe in imparting education through pedagogic innovations and pioneering programmes. Recently, we have enhanced student-faculty connect, launched Design Thinking across all programmes, accelerated faculty development and stepped up engagement with alumni, corporates and other stakeholders.