Program Duration : 8 Months with each term lasting 2 months
The Centre of Excellence for Entrepreneurship Development at IFIM Institutions is introducing a 8 months customised-project based entrepreneurship program. The certificate program aims at extending support for entrepreneurs from family business.
⦁ Train successors of family business in understanding their business context.
⦁ Introduce professional management principles to family business management.
⦁ Bridging the gap between incumbents and successors.
⦁ Help in mentoring and designing future direction of family business.
Special Features of the Program
⦁ Customised to requirements of the family business of the student
⦁ Mentoring and development of entrepreneurial thinking as per needs of entrepreneur
⦁ Inhouse Incubation facilities offering legal, marketing and finance related support
⦁ Modular courseware structure with projects ensure learning through practice
⦁ Faculty from leading programs in India and abroad
⦁ Command over language – speaking, reading and writing English
⦁ Scions of family business
⦁ Members of family involved in managing family business
⦁ Future generation aspiring to diversify their family business
⦁ Working professionals who seek to get engaged with their family business
Modular courses in the form of intensive classroom learning in 2-3 weeks followed by 5-6 weeks of structured and mentor supported projects.
|Phase I||Phase II||Phase III||Phase IV|
|Principles of Management & Organization Behaviour||Marketing Fundamentals||Business Law & Legal aspects of Family Business||Managing Family Business / Leadership|
|Economics||Entrepreneurship||Understanding and crafting Business Models||Business Plan Writing and Pitching|
|Accounting||Fundamentals of Financial Analysis||Exit Strategies|
|Creative Thinking & Innovation||Project Management||Marketing Communication and Branding||_|
Mode of Assessment
⦁ Continuous classroom assessments
Individuals who cleared the assessments would be awarded a certificate by IFIM Business School – ‘Entrepreneurship in Family Business’.
IFIM Future Assistance
⦁ IFIM Faculty will extend the required support for the individual in the later course too.
⦁ The IFIM Start-up Foundry facilities would be made available for the individuals to explore new business opportunities.