PGPM - Family Business & Entrepreneurship

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.

Build 360° Business Leadership Skills

Build 360° Business Leadership Skills

Get mentorship from CXOs, Business Owners & Renowned Faculty

Get mentored by CXOs, Business Owners & Renowned Faculty

Pursue a term abroad at a Top European B-school

Pursue a term abroad at a Top European B-school

Gain access to 14,000+ Great Lakes alumni network

Gain access to 14,000+ Great Lakes alumni network

Impact Skill Labs and Experiential Learning

The PGPM-FBE helps you hone your management and entrepreneurial skills through a series of labs and mentorships that bolster your business acumen and prepare you to transform and lead.

Pitch business ideas to VCs & Startup Founders

Develop and Pitch your Business to VCs & Startup Founders

Learn to leverage Analytics, Gen AI, AR/VR in your business

Digitize your business with Analytics, Business Intelligence and AI

Learn Growth Hacking through Dedicated Skill Labs

Learn Growth Hacking through Dedicated Skill Labs

Learn to Manage Family Dynamics & Professional Teams

Learn to Manage Family Dynamics & Professional Teams

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AACSB ACCREDITIED
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.

Upcoming Webinar:
'How a Family Business MBA can help Next-Gen Business Owners?' with Dr. Raj Krishnan Shankar, on 10th December, 2024, at 7:00 PM. Register Here

Program Outcomes

  • Build structured problem solving skills
  • Develop leadership skills to attract and motivate workforce
  • Discover global business best practices
  • Learn growth hacking for scaling up
  • Build business plans and investment pitches
  • Manage wealth, investments and risks

Faculty Highlights

Dr. Suresh Ramanathan

Dean & Principal

Former prof. - University of Chicago Booth School of Business & Texas A&M University

Dr. Raj Krishan Shankar

Director - PGPM FBE & Professor - Entrepreneurship & Strategy

Former Professor - Nord University, Norway

Dr. Vidya Mahambre

Professor - Economics

Union Bank Chair Professor of Economics and Director, Research

Dr. Bappaditya Mukhopadhyay

Professor - Analytics

Among Top 5 Data Science Professors in India and top 100 Globally

Dr. Sanjoy Sircar

Professor - Finance

Former Professor - Temple University, Philadelphia & State University of New Jersey

Dr. Sandeep Srivathsan

Professor - Operations Management

Former Researcher - Oklahoma State University USA & Nanyang Tech. University, Singapore

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

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

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.

Gurmeet Singh

Gurmeet Singh (PGDM 2009)

Founde, BlazeClan Technologies

Gurmeet Singh leads BlazeClan Technologies, a leading global Cloud Consulting firm and AWS Premier & Azure Gold Partner. Gurmeet previously worked at Tech Mahindra, and Technomen Lifetree Oyj, and served as visiting faculty at Symbiosis International University.

Arun Kumar Visweswaran

Arun Kumar Visweswaran (PGPM 2006)

Founder & CEO, Brand Monk Consulting

Arun Kumar Visweswaran leads Brand Monk Consulting with over 20 years of experience in marketing and operations. He has held key roles at Reliance, ITC, HCL, Tata Communications, and Sutherland Health Communication, before starting Brand Monk Consulting in 2020.

Jayaram Rajaram

Jayaram Rajaram (PGPM 2005)

Managing Partner, Bril

Jayaram Rajaram manages Bril, a heritage Indian brand with a legacy of reaching over 480 million consumers since 1964. With expertise in marketing, HR, and strategy, he also contributes as an author, angel investor, and mentor.

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, 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

  • Cornell University
  • Chicago Booth
  • Skema Business School
  • Universite Bordeaux
  • IESEG
  • Frankfurt School of Finance and Management
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