PGPM - Family Business & Entrepreneurship

App. Deadline: 15th November, 2024

Upcoming Webinar: Balancing Growth and Sustainability: Strategies for Entrepreneurs with Dr. Raj Krishnan Shankar, Professor - Strategy & Entrepreneurship. 10th November, 2024 at 11:00 AM | Register Here

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.

  • Learn cutting edge industry drivers like Analytics, Generative AI, AR/VR, etc., taught by renowned faculty and seasoned industry practitioners
  • Learn business skills through experiential learning through start-up challenges & fully mentored projects on live business problems
  • Interact, network and gain perspectives from successful entrepreneurs and venture capitalists
  • Build your business network among a peer group of family business owners and entrepreneurs across industries
  • Gain international perspectives and build globalization goals for your business through the International Immersion in Europe

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.

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AMBA
All India Council for Technical Education

Scores
Accepted:

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

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

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

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

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

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

Structured Problem
Solving Skills
for
Business Challenges

Leadership Skills to attract and retain Highly Capable Workforce

Leadership Skills to
attract and retain
Highly Capable Workforce

Diverse Perspectives on Global Business Best Practices

Diverse Perspectives
on Global Business
Best Practices

Capabilities to Identify Growth & Expansion Opportunities

Capabilities to Identify
Growth & Expansion
Opportunities

Skills to develop Profitable Business Plans & Investment Pitches

Skills to develop Profitable
Business Plans
&
Investment Pitches

Wealth Management, Investment & Risk Management skills

Wealth Management,
Investment
& Risk
Management
skills

World class campus in the corporate hub of Delhi NCR offers an unparalleled learning experience

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

Business Perspectives

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.

Global Perspective through International Immersion

Our students at IÉSEG School of Management

Entrepreneurs from Great Lakes

Bhairaw Kumar Mandal

Bhairaw Mandal (PGDM 2013)

Co-Founder & CEO, Enerture

Bhairaw worked for 4 years in the Energy sector aftergraduating from Great Lakes. He then set up his ownventure – Enerture – in the Solar ProjectDevelopment & EPC space, now also venturing intoEV Charging Infra services.

Vidit Jain

Vidit Jain PGPM (2013)

Co-Founder, Kindlife.in

Vidit is the Co-Founder of Kindlife, a beauty, health & wellness brand offering 100% toxins free ingredients based and eco friendly products. He has over 6 years of experience in leading marketing initiatives and has also Co-Founded MedicOpedia Healthcare, a medical tourism company in India.

Hari Shukla

Hari Shukla (PGDM 2019)

Founder, Nectar Superfoods

Hari utilized his experience in multiple industriesand his learning at Great Lakes to setup NectarSuperfoods – a food sourcing, tech and marketingfirm which manufactures and exports Freeze-DriedFoods & Ingredients.

Ridhima Arora

Ridhima Arora (PGDM 2015)

Founder, Nama Foods

Ridhima is the Founder of Namhya Foods, featured on SharkTank India. Namhya Foods is a startup promoting natural eating with Indian foods & regimes. Ridhima has been named a United Nations Super Hero in 2022 and featured on Business World’s 40 under 40.

Sijo Kuruvilla George

Sijo K George (PGPM 2009)

Founder & CEO, Startup Village

Sijo is the CEO of Startup Village – India’s leading PPP Technology Business Incubator. As a ‘Young Entrepreneur of the Year” awardee & Rajeev Circle Fellowship recipient, Sijo has been a prominent figure in India’s tech startup landscape.

Sitashwa Srivastava

Sitashwa (PGPM 2007)

Co-Founder & Co-CEO, Stockal

Sitashwa is the co-founder of Stockal, a FinTech startup which has made significant impact on Asians investing globally through its innovative cross-border investing & savings platform. He also co-founded Jade Magnet – a crowdsourcing platform for creative, social and technology services.

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.

Mentored Live Projects and Corporate Exposure
Life @ Great Lakes
FAQs

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.

 

Associations

  • IIT Stuart School of Business
  • BABSON
  • BAUER
  • University of Bordeaux
  • HKUST
  • UMKC
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