MBA in Family Business Management, offered in partnership with SBS Swiss Business School (RAK, UAE)

An internationally aligned MBA program designed for next-generation family business leaders, successors, and entrepreneurs.

Family businesses contribute nearly 75% of global GDP, yet many struggle to survive beyond the second generation due to challenges such as succession planning, governance gaps, and a lack of professional management.
The MBA in Family Business Management at Lexicon MILE, offered in partnership with SBS Swiss Business School (RAK, UAE), provides global exposure, structured leadership frameworks, and practical tools to manage, grow, and future-proof family enterprises.
This program empowers family business leaders to manage both family and business systems professionally, sustainably, and successfully.

Program Overview

The MBA in Family Business Management is a specialized postgraduate program focused on the unique complexities of family-owned and legacy businesses.

Program Details:

  • Degree Awarded: MBA in Family Business Management
  • Institute: Lexicon Management Institute of Leadership & Excellence (Lexicon MILE)
  • International Academic Partner: SBS Swiss Business School (RAK, UAE)
  • Learning Model: India + UAE academic exposure
  • Core Focus Areas: Family Governance, Succession Planning, Leadership Development, Business Transformation

Why Choose an MBA in Family Business Management

Unlike traditional MBAs that focus primarily on corporate management, this program is tailored for individuals who will own, lead, or inherit businesses.

Key Differentiators

  • Curriculum designed exclusively for family-run and legacy businesses
  • Strong emphasis on succession planning and ownership transition
  • Exposure to international governance practices and the UAE business ecosystem
  • Practical, application-based learning linked to real family business scenarios

Key Program Highlights

  • International Academic Exposure
  • Globally Benchmarked Curriculum
  • Specialized Family Business Modules
  • Strong Alumni, Industry & Family Enterprise Network
  • Dual-Country Learning Experience

Who Should Apply

This MBA program is ideal for:

  • Heirs and successors of family-owned businesses
  • Current family business owners and managerial professionals
  • PGDM / MBA aspirants from business families
  • Professionals aiming to build careers in family business consulting or advisory roles

If your career path involves ownership, leadership succession, or long-term business stewardship, this program is designed for you.

Eligibility Criteria

  • Bachelor’s degree with a minimum of 50% aggregate marks
  • Minimum 2 years of work experience preferred (family business experience considered relevant)

Career Opportunities After an MBA in Family Business Management

Graduates are prepared for leadership roles such as:

  • Next-Generation Family Business Leader or Successor
  • Strategic Business Head or Unit Head
  • Entrepreneur or New Venture Founder
  • Family Office, Wealth Management, or Business Operations Manager

Curriculum Structure

The curriculum is designed to balance global academic rigor with family business–specific expertise.

Modules Covered at Lexicon MILE

  • Family Business Dynamics and Governance
  • Succession Planning and Leadership
  • Entrepreneurship and Innovation in Family Firms
  • Managing Conflicts and Ownership Structures
  • Leadership Development for Family Enterprise Success
  • Traditional vs. Transformational Innovation Strategies in Family Businesses

Modules Covered at SBS Swiss Business School, RAK (UAE)

  • Organizational Behavior and Leadership
  • Communication and Negotiation Skills
  • Managerial Economics
  • Managing Information Systems
  • Marketing Management
  • Financial Management
  • Operations and Project Management
  • Entrepreneurship and Innovation
  • Research Methods

Learning Outcomes

On successful completion of the program, students will be able to:

  • Design and implement effective family governance frameworks
  • Plan and manage smooth generational and leadership transitions
  • Address conflicts between family members and business stakeholders
  • Drive innovation and professionalization in traditional businesses
  • Build scalable, sustainable enterprises prepared for long-term growth

Course Fees

Fee Structure

  • Lexicon MILE Fee: ₹9,56,000 + GST
  • SBS Swiss Business School (RAK, UAE) Fee: AED 39,769* (exclusive of hostel charges)
  • RAKEZ UAE Student Visa & Insurance: AED 6,500 (first year)

Contact Information

For Admission Queries

  • Mr. Mazhar Kanchwala: +91 89560 59559

For Academic Queries

  • Dr. Raju Varghese: +91 93250 19055

For Other Queries

  • +91 91460 14951
  • info@mile.education
  • admissions@mile.education

📍 GAT No. 726, Nagar Road, Wagholi, Pune, Maharashtra 412207

Frequently Asked Questions (FAQs)

1. What is an MBA in Family Business Management?

An MBA in Family Business Management is a specialized postgraduate program designed to address the unique challenges of family-owned and legacy businesses. It focuses on succession planning, family governance, leadership development, conflict management, and long-term business sustainability.

Unlike a traditional MBA that prepares students for corporate roles, this program is tailored for individuals who will own, inherit, or lead family enterprises. It emphasizes ownership structures, generational transitions, governance frameworks, and real-world family business scenarios.

  • Heirs and successors of family businesses
  • Current family business owners and managers
  • Entrepreneurs from business families
  • Professionals planning careers in family business consulting or advisory roles

Yes. The MBA is offered in partnership with SBS Swiss Business School (RAK, UAE) and includes international academic exposure aligned with global business and governance practices, giving students a strong global perspective.

  • Next-generation family business leader or successor
  • Strategic business or unit head
  • Entrepreneur or new venture founder
  • Family office, wealth management, or operations manager

Work experience is preferred but not mandatory. Candidates with family business involvement or entrepreneurial exposure are encouraged to apply, even if they have limited formal work experience.

Applicants must hold a bachelor’s degree from a recognized university with a minimum of 50% marks. A minimum of two years of work experience is preferred but not compulsory.

The program follows a dual-location learning model, with modules delivered at Lexicon MILE, Pune (India), and SBS Swiss Business School (RAK, UAE).

Yes. The curriculum is globally benchmarked and aligned with international accreditation standards such as IACBE and ACBSP, ensuring global academic credibility.

Interested candidates can apply online through the official Lexicon MILE website. Admissions are offered on a limited-seat basis and are subject to eligibility criteria.

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