Post Graduate Program in Family Managed Business (PGPFMB)
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Post Graduate Program in Family Managed Business (PGPFMB)
The Post Graduate Program in Family Managed Business (PGPFMB) is a specialized educational program designed to equip individuals with the knowledge and skills required to successfully manage and grow family-owned businesses. This program typically covers topics such as family business governance, succession planning, financial management, entrepreneurship, and leadership development within the context of family enterprises. Participants in a PGPFMB gain insights into the unique challenges and opportunities faced by family businesses and learn best practices for sustaining and expanding these enterprises across generations.
Family Managed Business
A family managed business is a type of business where ownership and control of the company are in the hands of one or more families. In such businesses, family members are typically involved in the management and decision-making processes, often passing down the business from one generation to the next.
Eligibility Criteria for Post Graduate Program in Family Managed Business (PGPFMB) in India
Educational Qualifications: Bachelor's degree in any discipline
Minimum Marks: Typically requires a minimum of 50% aggregate marks
Entrance Exams: Some institutes may require scores from entrance exams like CAT, XAT, GMAT, etc.
Merit-Based Selection: Selection based on academic performance, entrance exam scores, and possibly work experience
Age Limit: Usually no specific age limit
Nationality: Indian nationals or sometimes open to international students
Specific Requirements: Some programs may require candidates to be from a family business background or have relevant work experience
Note: Eligibility criteria may vary between different institutions offering PGPFMB programs