M.Sc. in Entrepreneurship and Family Business

Family-owned businesses form the backbone of economies across the globe—and especially in India. The Master in Entrepreneurship and Family Business is a transformative one-year postgraduate programme that prepares future leaders to successfully manage, sustain, and scale their family businesses. With a balanced focus on academic excellence and practical application, this programme addresses the unique challenges faced by family-run enterprises—from succession and governance to innovation and digital transformation. Through a dynamic mix of online coursework and on-campus residencies, students will explore critical areas such as strategic leadership, conflict resolution, financial management, and entrepreneurship—all while preserving the core values and legacy of their family business.

Programme Structure

Programme Duration	1 Year (4 Terms)
Total Credits	60
Delivery Format	Online + 1–2 intensive on-campus residencies (Winter/Summer)
Weekly Commitment	15–20 hours
Assessment	Continuous (50% Internal + 50% External)
Programme Fee	INR 2,75,000
Cohort 1 Start Date	1 October 2025
Cohort 2 Start Date	Fall 2025 (TBA)

Term 1

Course Name	Type	Credits	Course Focus
Introduction to Family Business	Core	5	Explore key characteristics, challenges, and governance structures in family-owned businesses.
Design Thinking for Family Business	Core	5	Learn innovation through empathy, ideation, prototyping, and problem-solving tailored to family firms.
Risk Management in Startups and Family Firms	Core	5	Understand risk identification and mitigation strategies specific to entrepreneurial family ventures.

Term 2

Course Name	Type	Credits	Course Focus
Entrepreneurship and Innovation	Core	5	Develop business ideas, value propositions, and innovative models for family business growth.
Business Strategy and Planning	Core	5	Gain strategic planning skills through SWOT analysis, competitive advantage, and long-term positioning.
Elective (Choose One):
Finance & Accounting for Entrepreneurs	Elective	5	Learn financial management, capital structure, budgeting, and valuation for family-run enterprises.
Digital Transformation in Family Business	Elective	5	Integrate digital tools like e-commerce, data analytics, and cloud systems.

Term 3

Course Name	Type	Credits	Course Focus
Family Office and Wealth Management	Core	5	Focus on wealth preservation, investments, governance, and philanthropic strategies.
Succession Planning and Estate Management	Core	5	Study legal, tax, and emotional dimensions of succession and estate planning for smooth transitions.
Elective (Choose One):
Mergers & Acquisitions in Family Businesses	Elective	5	Explore M&A strategy, valuation, due diligence, and integration tailored to family enterprises.
Venture Capital and Private Equity	Elective	5	Learn about funding sources, investor engagement, and capital scaling for entrepreneurial ventures.
Advanced Risk & Crisis Management	Elective	5	Address enterprise risk frameworks and crisis response for business resilience.

Term 4

Course Name	Type	Credits	Course Focus
Family Governance and Leadership	Core	5	Build leadership skills and governance mechanisms like family councils and boards of directors
Capstone Project	Core	10	Apply program learning to solve a real-world family business or entrepreneurial challenge.

Eligibility & Selection Process

Must have:• A Bachelor’s degree (or equivalent diploma/vocational training) in any field
• Active involvement as an entrepreneurial family member
• A clear intent to scale or impact some aspect of the family enterprise
• A defined strategic impact project (e.g. business transformation, new venture, wealth/legacy initiative, governance upgrade, etc.)
Preferable:• 1–3 years of work experience post-undergraduation

Fee

Component	Amount (INR)	Payment Timeline
Registration Fee	₹50,000	Within 48 hours after receiving the offer letter
Installment I	₹1,12,500	Within 30 Days of the course Commencement Date (October–March)
Installment II	₹1,12,500	15th April (April–September)

IDEATE Lab

Becoming a leading expert.