IIM INDORE’s
Post Graduate Certificate Programme In Family Business Management & Entrepreneurship (Batch 04)
Harness Capabilities. Nurture Legacy. Lead Enterprises.
Duration
12 Months
Eligibility
Minimum 2 Yrs+ Work Ex | 50% in UG/PG.
Program Fees
INR 4,50,000 + GST (payable in easy installments)
Class Timings
Every Saturday IST 2:30 PM to 6:45 PM
Programme Commencement
August 2026
- Ranked in FT 100 (Executive Education Rankings)
- Get 9 Days at IIM Indore Campus
- Become IIM Indore Executive Education Alumni*
- Get Certificate of Completion from IIM Indore*
Understanding Family Businesses
Welcome to our Family Business Management Programme, where tradition meets innovation, and expertise blends with the entrepreneurial spirit. The programme empowers next-generation leaders and seasoned entrepreneurs alike with essential skills and strategies for thriving in the dynamic landscape of family-owned businesses. From governance to succession planning, our expert faculty offers tailored guidance for enduring success. Join us in redefining the future of family business management.
Family businesses have a long-term vision and tend to perform better than corporate enterprises. However, only 13% of family businesses survive to the 3rd generation and one-third of families disintegrate due to generational conflict. Indian family businesses form the backbone of the Indian economy and there is a need to extend the lifespan of these businesses to ensure the economy continues to benefit from their contribution.
Navigate generational transition with structure
Venture confidently into new-age opportunities
Build institutions that endure beyond individuals
Align family values with enterprise strategy
Programme Objective
- Strengthen Enterprise Vision & Strategy
- Professionalise Governance & Structure
- Enhance Financial & Strategic Acumen
- Build Entrepreneurial Capability
- Navigate Family & Leadership Dynamics
- Lead with Confidence in Uncertain Environments
What Does This Programme Cover?
- Strategic Management Fundamentals
- Microeconomics
- Statistics
- Corporate Governance
- Global Strategy and Internationalisation
- Financial Management
- Fundamentals of Marketing Management
- Fundamentals of Organizational Behaviour
- Business Ethics
- Macro Economics
- Management Information Systems (MIS)
- Legal Aspects of Family Businesses
- Change Management and Succession Planning
- Communication for Business Leaders
- Corporate Strategy
- Brand Management
- Investment and Venture Financing
- Leadership in Family Businesses
- Human Resource Management (HRM) in Family Businesses
- Operations Management (OM) in Family Businesses
- Simulation
- Innovation and Technology Management
- Demand Forecasting and Sales Management
- Digital and Social Media Marketing
- Data Management and Analytics
- Financial Analysis and Valuation
- Intellectual Property (IP) Management
- Growth Strategy
- Business Models
- Negotiation
- Consumer Insights Mining
- Sales and Distribution Management
- Digital Transformation
- Risk Management and Financial Planning
- Taxation
- Government Schemes for Businesses
- Supply Chain Management
- Digital Platform and Data Monetization
- Capstone
Your Badge Of Honour
Participants who fulfil all criteria (Attendance & Evaluation) will receive a ‘Certificate of Completion’ along with an Eligibility to ‘Executive Education Alumni Status’.
*The certificate shown is for illustration purposes only and may not be an exact prototype. IIM Indore reserves the right to change the certificate and specifications at any time without notice.
Programme Coordinators
| Prof. Punyashlok Dwibedy | Prof. Swati Ghulyani |
| Faculty- Strategic Management Email ID- punyashlokd@iimidr.ac.in | Faculty- OB & Human Resource Management Email ID- swatig@iimidr.ac.in |
Programme Benefits
- 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.
*T&C Applicable - 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.
FAQs
Explain the pedagogy of this course?
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.
Who will benefit from the programme?
Professionals with more than 2 years of experience
Aspiring entrepreneurs and business owners seeking to refine their skills and strategies in business management and innovation.
Next-generation family business leaders aiming to navigate the unique challenges of family dynamics, succession planning, and sustainable growth.
What is the attendance criteria?
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.
Is there any fee that needs to be paid to register with IIM Indore executive education alumni?
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.
Could you tell me more about the Executive Alumni Status at IIM Indore?
Benefits available to Executive Education Alumni:
Communication of brochures and newsletters from IIM Indore
Access to the IIM Indore Campus Library (onsite access only)
Official email ID of the institute
ID Card
Mere successful completion of the programme, application submission, and fee do not entitle a participant to be eligible for executive education alumni status. IIM Indore reserves the right to confer or withhold executive education alumni status.
IIM Indore reserves the right to modify the above conditions at its discretion at any time without notice.
Can I know the complete fee structure?
Programme Fee and Campus Module Charges
Committment
At the time of acceptance of the offer Letter of admission
INR 10,000 + GST
Instalment 1
Payable at the time of admission
INR 1,10,000 + GST
Instalment 2
Payable within 3 months of admission
INR 1,10,000 + GST
Instalment 3
Payable within 6 months of admission
INR 1,10,000 + GST
Instalment 4
Payable within 9 months of admission
INR 1,07,000 + GST
Total Fees
INR 4,50,000 + GST
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