Overview
Family businesses are integral to the Indian economy, contributing approximately 79% of India's GDP and accounting for a significant portion of the economic landscape. With 4.58 crore registered MSMEs in India, there is a substantial population involved in family businesses. This program is tailored specifically for candidates from family business backgrounds. It is a full-time 2-year in-campus program.
Why MBA in Family Managed Businesses?
- Candidates belonging to family owning a business will complete their terminal degree (MBA in Family Managed Businesses) from IIM Sirmaur. IIM Sirmaur is the only IIM offering MBA in Family Managed Businesses.
- Course curriculum suited to the Indian family business context.
Admission
Fee Structure
Total Fee: INR 20 lakhs (INR 10 lakhs per year)
Fee Structure for MBA in Family Managed Businesses | |||||||
---|---|---|---|---|---|---|---|
Term | Year – 1 (2024-25) | ||||||
- | Admission Fee | Tuition Fee | Hostel Charges | Alumni Membership Fees | Mediclaim | Total | |
I | 160000 | 275000 | 30000 | 3000 | 2000 | 470000 | |
II | 0 | 275000 | 30000 | 0 | 0 | 305000 | |
III | 0 | 275000 | 30000 | 0 | 0 | 305000 | |
Total Fee (A) | 1080000 | ||||||
IV | 0 | 275000 | 30000 | 3000 | 2000 | 310000 | |
V | 0 | 275000 | 30000 | 0 | 0 | 305000 | |
VI | 0 | 275000 | 30000 | 0 | 0 | 305000 | |
Total Fee (B) | 920000 | ||||||
Total (A+B) | 2000000 |