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MBA in Family Managed Business

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 Business?

  • Candidates belonging to family owning a business will complete their terminal degree (MBA in Family Business) from IIM Sirmaur. IIM Sirmaur is the only IIM offering MBA in Family Business.
  • Course curriculum suited to the Indian family business context.

Admission

Eligibility Criteria
  • CAT percentile
  • Descendant of family business owner
  • 50% weightage to family business characteristics (interest, business size, employability potential) and 50% weightage to scholastic performance (CAT, 10th, 12th, Graduation)

Admissions Coming Soon

Fee Structure

Total Fee: INR 20 lakhs (INR 10 lakhs per year)

 

Fee Structure for MBA (Family business)
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