Published: 10th April 2018
Have a family business to takeover? This course by IIM Calcutta can help
The one-year duration course will aim to enhance the managerial, leadership, as well as entrepreneurial capabilities of the managers of the family managed businesses
Indian Institute of Management Calcutta and TSW in partnership announces Postgraduate Certificate Programme in Family Business Management to educate and empower the new generation of family-owned businesses in India.
The programme's core objective is to furnish the scions with the understanding of tackling new challenges as well as helping them to professionalize their management by adopting latest business management techniques and practices.
With the business environment in the country being highly dynamic at present, family-owned businesses, as well as new business initiatives by young entrepreneurs, should align with professional ways of operating their businesses to stay ahead in the competition.
The programme enables them to equip with management practices and concepts contextualized to the need of a family managed business. It also offers them with in-depth exposure to theories related to developing new strategies as well as professional management for sustenance and growth of business.
The 12-month duration programme includes two days of classes every week along with 10 days of on-campus sessions at IIM Calcutta. It also includes interactive discussions, live projects, and assignments as well as personal coaching to carve out a managerial niche. The program format aims at providing opportunities to participants to apply learning into practice simultaneously.
"With a greater number of professionals setting up their business ventures in India, it is important to impart them with exceptional managerial capabilities to help them reap the benefits of emerging opportunities. IIM Calcutta's Family Business Management & Entrepreneurship programme in partnership with TSW will help them become business leaders of tomorrow with a comprehensive exposure to modern business practices," said Anish Srikrishna, President, Times Professional Learning.
Speaking more on the endless benefits which the programme offers to family business owners, Professor Prafulla Agnihotri, Programme Director, said, "IIM Calcutta has a legacy of producing exceptional business heads and TSW's strong PAN India presence will enable us to further help entrepreneurs leverage from our expertise."