B-schools offer family business programmes for next generation

In pursuit of providing  a professional edge to family-run businesses, many Business  schools in the country are offering tailor-made programmes for the next generation of such organisations.

In India, where more than 70 per cent of top businesses are family-run, such courses would help not only to further one's managerial skills but also encourage entrepreneurship spirit, feel experts.

The business school recently launched a Management Programme for About Management Programme for Family Business (MFAB), which has duration of 15 months.

Among others, Delhi-based International Management Institute (IMI) is to launch the 'Global PGDM (MBA): Family Business' programme. The duration would be 18 months.

The programme would be launched in 2013, IMI Faculty Ashutosh Khanna said.