LEXICON MILE
SBS.
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.
2. How is this MBA different from a regular MBA?
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.
3. Who should pursue an MBA in Family Business
Management?
- 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
4. Does the program include international
exposure?
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.
5. What career opportunities are available after
completing this MBA?
- Next-generation family business leader or successor
- Strategic business or unit head
- Entrepreneur or new venture founder
- Family office, wealth management, or operations manager
6. Is work experience mandatory to apply for this
program?
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.
7. What are the eligibility criteria for
admission?
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.
8. Where will the program be conducted?
The program follows a dual-location learning model, with modules delivered at Lexicon MILE, Pune (India), and SBS Swiss Business School (RAK, UAE).
9. Is this MBA recognized internationally?
Yes. The curriculum is globally benchmarked and aligned with international accreditation standards such as IACBE and ACBSP, ensuring global academic credibility.
10. How do I apply for the MBA in Family Business
Management?
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.