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PGPM - Family Business & Entrepreneurship (FBE)
A world class one-year full-time MBA program designed for the next generation of family business owners and entrepreneurs, the PGPM – Family Business & Entrepreneurship (PGPM - FBE) is a specialized edition of Great Lakes' flagship one year MBA program. The program is customized for family business owners and scions, and entrepreneurs, to innovate and grow their business in a rapidly evolving industry.
The PGPM - FBE is for Innovators, Problem Solvers and Go-Getters! If you are an aspiring entrepreneur or a family business scion aiming to grow your business in a highly competitive industry, this program is for you.
Scores
Accepted:
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Eligibility:
- Recognized undergraduate degree with at least 50% score.
- Should be part of a registered Family Business or an Entrepreneur.
- Applicants can take Great Lakes Aptitude Test (GREAT) alternatively for admissions to PGPM - FBE.
Program Highlights
Customized for Next-Gen Family Business Owners & Entrepreneurs
Develop essential business skills with an innovative curriculum that focuses on the needs of family owned and new businesses. Learn how to professionalize your business and workforce, strategize effectively by leveraging family dynamics & partnerships, and effectively enhance productivity at each level - from the Grass Root to the C-Suite.
Comprehensive General Management Skills
Gain general management skills across key business functions including Marketing, Finance, Operations, HR and Strategy to equip yourself with the competencies of a business leader. Understand how different departments can work together, with best practices from the industry, to efficiently transform and lead your business.
Cutting Edge Curriculum including AI, Analytics and AR/VR
Learn how you can digitally transform your business and drive data-oriented business decision. Enhance the competitive advantage of your businesses with the highly sought after skills in Generative AI, Machine Learning, AR/VR, Analytics, and more. Great Lakes Faculty have been ranked among top Data Science practitioners globally and have led digital initiatives at world renowned corporates.
Experiential Learning
Learn to solve business problems with Live Projects, mentored by entrepreneurs and leaders who have decades of experience running successful ventures. Engage in Startup Challenges and Business Plan Competitions to gain from their real life experiences and apply in your own ventures. Leverage the mentorship to solve actual problems in your business and learn from them.
Enables Growth in a Highly Competitive Industry
Learn effective adoption of technology to grow your business beyond geographical boundaries. Learn how to adopt industry best practices for a profitable growth trajectory. Gain insights from successful business owners and entrepreneurs and learn how to expand your business.
Program Outcomes
Structured Problem
Solving Skills for
Business Challenges
Leadership Skills to
attract and retain
Highly Capable Workforce
Diverse Perspectives
on Global Business
Best Practices
Capabilities to Identify
Growth & Expansion
Opportunities
Skills to develop Profitable
Business Plans &
Investment Pitches
Wealth Management,
Investment & Risk
Management skills
Faculty Highlights
Dr. Jones Mathew
Principal & Head of Institution
Chairperson: Accreditations, Rankings and Research PhD – IIFT
Dr. Debashis Sanyal
Professor
Former Vice Provost– School of Business, NMIMS Former Dean MDI, Gurgaon
Dr. Umashankar Venkatesh
Professor
Former Area Chair Mktg. – IMI, Delhi
Dr. Bappaditya Mukhopadhyay
Professor
Among Top 5 Data Science Professors in India and top 100 Globally
Dr. Jayatu Sen Chaudhury
Professor
Former Board Member & Leader, Analytics Center of Excellence, AmEx India
Dr. Sanghamitra Bhattacharyya
Professor
FPM – IIM CalcuttaFormer Technical Director, KPMG
Dr. VP Singh
Director - PGPM & Professor
MBA – Bauer CT, University of Houston PhD – SAA, Turin, Italy
Dr. Kirti Sharma
Associate Professor
Deloitte, PWC & IBM
Dr. Ravindra Ojha
Professor
Former Director – Northcap University & School of Inspired Leadership
Business Perspectives
PGPM - Family Business & Entrepreneurship students get to interact face-to-face and network with Industry Leaders and Venture Capitalists from across the industry
150+
Thought Leaders and Industry Veterans from across the world interact and share their perspectives with Great Lakers every year.
30+
CXOs shared their perspectives on various industry growth drivers and deriving the best outcomes with the current workforce
Anup Jain, Managing Partner, Orios Venture Partners
Global Perspective through International Immersion
A international immersion program at European Universities like IÉSEG, Paris provides candidates with invaluable exposure to a diverse range of business landscapes, cultural nuances, and expansive avenues which equips them with a global perspective, fostering a more profound understanding of the interconnected nature of today's business world.
Our students at IÉSEG School of Management
Entrepreneurs from Great Lakes
Mentored Live Projects and Corporate Exposure
Get exposed to real world Business Problems and learn how to solve them under mentorship from Business Leaders, CXOs and world class faculty.
Participants who wish to gain longer corporate experience before moving into their own businesses can also avail placement assistance which will be subject to candidate’s eligibility.
The PGPM – Family Business & Entrepreneurship (FBE) is a full time MBA program for individuals who are currently employed in their family business or running their own venture. The program is also for people who are planning to join their family business in the near future.
- A completed bachelor's degree as of May 2025
- Minimum 50% marks in academics throughout 10th class, 12th class and the bachelor's degree
- Should own/partially own a registered business entity, or be employed in their own immediate family's business
- Valid test score in any one of – CAT, XAT, GMAT, NMAT; candidates without any of these scores can take the Great Lakes Aptitude Test (GREAT)
The PGPM – FBE, an MBA program for family business owners, helps family business owners effectively leverage family dynamics, integrate modern technology into business operations, strategy, finance and marketing, connect with other family businesses and startup owners across industries and build a network of potential partners, connect with venture capitalists, learn to build high performing teams and retain them, and build long term goals for expansion, diversification and globalization.
The PGPM – FBE at Great Lakes provides mentorship from distinguished Great Lakes faculty coming with diverse academic, industrial and entrepreneurial experience. This full-time on-campus MBA program also facilitates interactions with established entrepreneurs, venture capitalists and industry veterans offering rich real world perspectives. The curriculum also includes business plan competitions, live projects fully mentored by faculty & senior corporate leaders, business case pedagogy and start-up challenges which provide an exceptional hands-on learning experience.
The PGPM – FBE program offers an international immersion at IÉSEG School of Management, Paris where students get a chance to experience cultural diversity, broaden their perspective beyond geographical boundaries, understand how international markets operate, and develop globalization goals.
The PGPM – FBE is an MBA program for entrepreneurs and family businesses, providing them with learnings that would help an individual develop core skills needed to set up and/or run a business as an owner, instead of as an employee, attract and retain high quality workforce, and make a business profitable and sustainable.
Participants of the PGPM – FBE MBA program are entrepreneurs and family business scions who would be joining their own family business or venture post completion of the program, and the program is designed to orient them towards leading their businesses.
The PGPM – FBE helps you develop a network of fellow entrepreneurs and family business across industries, and provides you access to the Great Lakes alumni network, leading to connections which will potentially benefit ventures of participants in the form of expansion, diversification and globalization. The program also helps candidates interface and network with venture capitalists which could result in beneficial relationships for their business.
One-year MBA programs bring more rigour and hands-on learning, rich exchange of diverse perspectives among peers, and industry mentored projects that help participants assimilate and apply learnings in a shorter time, enabling future business owners to get into their businesses a year earlier. The one year format is very common in Europe and other parts of the world. In terms of the number of classroom hours, there is no significant difference between a two year course and a one year course. It is only advantageous to finish your course in less time and be ready to elevate your business.
PGPM - FBE is an AICTE approved 1 year MBA program and is a specialized version of the Flagship PGPM of Great Lakes. Post completion of this course, candidates will receive a Post Graduate Certificate in Management, which is the same as provided on completion of Great Lakes flagship PGPM course. The PGPM is equivalent to MBA and is widely accepted across the industry.
Family businesses have a significant scope for growth, expansion and diversification, based on the nature of the business, by professionalization and integration of modern technology, best practices from the industry and data driven decision making. MBA programs, specifically the PGPM - FBE (Family Business & Entrepreneurship) offered at Great Lakes Gurgaon, is designed to help family business members learn general management skills, key tech enablers that are driving the industry such as AI, Analytics, AR/VR, etc., and necessary leadership skills needed to build high performing teams and scale up their family business significantly.
