Admissions Open for 2026 — Apply Now   ·   22nd Year of Excellence   ·   11-Month Application-Based Program   ·   Next-Gen | Entrepreneurs | Business Families Limited Seats Admissions Open for 2026 — Apply Now   ·   22nd Year of Excellence   ·   11-Month Application-Based Program   ·   Next-Gen | Entrepreneurs | Business Families Limited Seats
PGP in Entrepreneurship & Family Managed Business

Don't Just Inherit the Business.
Transform It.

Join 400+ family businesses that have been transformed through Welingkar's PGPEFMB designed to help next-generation leaders modernize, scale, and future-proof their legacy.

11-month full time program 1 week on learning 3 weeks of implementation
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Get the brochure & speak to our counsellor

Our Methodology

The AAA Model of Learning

Knowledge Acquisition
A
1 week / month

Acquisition of Knowledge

Knowledge Acquisition on campus through immersive classroom sessions

Knowledge Application
A
3 weeks / month

Application of Knowledge

Knowledge Application directly in your family business

Knowledge Assimilation
A
1 day / month

Assimilation of Knowledge

Knowledge Assimilation through personalized mentoring and feedback sessions

Beyond the Classroom

Enhanced Learning Experiences

Industrial Visits

Domestic and international site visits to understand real-world operations and management practices.

Guest Lectures

Learn from industry experts, successful family business owners, and entrepreneurship thought leaders.

Live Case Studies

Real-world problem solving with actual business scenarios.

Industrial Visits with Leading Companies:

Reliance
L&T
Bosch
CNBC TV18
Navneet
BSE
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Exclusive Access

Harvard ManageMentor® Access

Your Gateway to World-Class Management Skills

What is Harvard ManageMentor?

As part of EFMB, you gain exclusive access to Harvard ManageMentor (HMM), the trusted standard for skill development used by over 1.5 million learners globally. Harvard ManageMentor is Harvard Business School Publishing's premier digital learning platform, continuously refreshed with the latest ideas from Harvard Business School, Harvard Business Review, and leading industry experts.

Also Includes

Harvard ManageMentor

Interactive Modules

Engaging video content in multiple formats — documentary-style stories, mentor moments, mini-explainers, and real-world scenarios.

Expert Instruction

Learn directly from global faculty including Harvard professors, CEOs, and industry leaders.

Actionable Learning

Each lesson includes practice exercises, reflection activities, and application-focused tools.

Self-Assessment Tools

Rate your skills before and after each course to track growth and measure progress.

Digital Certificates & Badges

Share your achievements on LinkedIn, Facebook, and Twitter to build your professional profile.

Trusted by Millions

The same world-class platform used by over 1.5 million learners across top global enterprises.

What You'll Achieve

Program Outcomes

Upon completing the PGP in Entrepreneurship & Family Managed Business, you will be able to:

Strategic Business Growth
  • Scale your business using proven growth frameworks
  • Build automation systems for operational efficiency
  • Create strategic business plans with financial projections
Family Business Management
  • Navigate succession planning with clarity
  • Professionalize operations while preserving family values
  • Establish governance for smooth generational transitions
Financial & Operational Excellence
  • Master financial management and fundraising strategies
  • Make data-driven business decisions
  • Optimize operations and supply chains
Leadership & Network Development
  • Develop an entrepreneurial leadership mindset
  • Build a network of family business owners
  • Learn from mentors and industry experts
Innovation & Adaptability
  • Drive innovation within traditional businesses
  • Manage change and crisis effectively
  • Plan strategic market growth and expansion
About the Program

Overview Of Family Business Management Course

AAA Learning Model 1 Week / Month on Campus Succession Planning Mumbai Campus
PGPFMB Overview

WeSchool's PGP in Entrepreneurship and Family Managed Business (EFMB) is India's leading entrepreneurship course in Mumbai that addresses the unique challenges of family enterprises through practical, immersive learning.

What makes this program unique:

  • Structured on the AAA Model (Acquisition, Application & Assimilation of Knowledge) across two semesters over 11 months
  • Addresses succession planning, professionalizing operations, and managing family dynamics in family managed business environments
  • Comprehensive curriculum covering financial management, digital marketing, operations, and fund-raising
  • Personalized mentorship tailored to your specific business challenges
  • Explores best management practices, governance frameworks, and family continuity strategies for both multi-generational and first-generation entrepreneurs
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Why Choose Us

Why Choose This Family Business Management Course?

Selecting the right entrepreneurship course in India to advance your family managed business is crucial for sustainable growth. Our program goes beyond traditional business education, offering practical strategies, personalised mentorship, and valuable industry exposure.

Practical & Immersive LearningUnlike traditional MBA programs focused on corporate careers, this entrepreneurship course in India is designed specifically for business owners, with hands-on learning through real business application and practical case discussions.

Personalized MentorshipWork one-on-one with experienced mentors who understand family business challenges.

Business-Owner Friendly ScheduleThe program structure allows you to continue running your business while studying.

Peer Learning NetworkBuild lasting relationships with fellow family business scions and entrepreneurs.

Industry ExposureGain insights through industrial visits to leading enterprises, both domestic and international.

Proven ImpactThe program has consistently helped participants achieve 2X business growth, successfully navigate succession planning, and professionalize their operations.

What You'll Learn

Program Curriculum

Innovation & strategy for family owned and start-up businesses
Strong business management systems & governance
Build core pillars for long-term success
Optimize procurement & distribution processes
Develop operations skills across industries
Digital marketing & growth strategies
Financial management & fund-raising expertise
Leverage emerging technologies for business advancement
Industry-aligned curriculum designed to transform family businesses
Who Should Enroll

Ideal For

Next Gen Family Business Scions

Next Gen Family Business Scions

  • Heirs preparing to lead family enterprises with modern frameworks
  • Young leaders bridging tradition with innovation and strategic vision
Budding Entrepreneurs

Budding Entrepreneurs

  • First-generation builders scaling startups into sustainable enterprises
  • Entrepreneurs professionalizing operations and building growth systems
Business Family Millennials

Business Family Millennials

  • Young professionals modernizing traditional businesses with digital strategies
  • Next-generation leaders balancing legacy respect with competitive innovation
Admissions

Program Details

Eligibility

Who should apply:

  • Graduate from any recognized university
  • Own a business OR be an active member of a family business
  • Final year graduating students preparing to join their family enterprise can also apply
  • Demonstrated commitment to family business growth and professionalization
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Program Investment

₹7,00,000

+ GST as applicable

What's Included:

  • Complete 11-month immersive program
  • One-on-one mentorship sessions
  • Guest lectures and masterclasses
  • Learning materials, case studies, and toolkits
  • Certificate from WeSchool upon successful completion
  • Lifetime access to alumni network
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Meet the Team

Our Team of Mentors

Prof. Chandravadan Goritiyal

Prof. Chandravadan Goritiyal

Professor — Operations & Program Incharge-MMS-2

Prof. Kaustubh Dhargalkar

Prof. Kaustubh Dhargalkar

Head - InnoWE, Center For Innovation and Memetics Faculty – Business Design

Prof. Farzan Ghadially

Prof. (Dr.) Farzan Ghadially

Professor in Finance, Investment Banker of Family Business

Dr. Swapnil Desai

Dr. Swapnil Desai

Assistant Professor — Operation & Entrepreneurship (OMB)

New Faculty Member

Prof.(Dr.) Praful Vijay More

Assistant professor - Operations and Entrepreneurship

Success Stories

Testimonials

Ready to transform
your family business?

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FAQs

Frequently Asked Questions

Everything you need to know about the PGP in Entrepreneurship & Family-Managed Business. Browse through the most common questions from prospective students below.

01Who should apply for a family business management course?
This family business management course is ideal for next-generation business scions, active family enterprise members, budding entrepreneurs, and final-year students preparing to join their family business who want to professionalize operations and drive growth through an entrepreneurship development program.
02How is a family business management course different from an MBA?
A family business management course like PGPFMB focuses on building and scaling your own business with hands-on application in your enterprise, while MBAs offer broad corporate knowledge, making this family business management course uniquely practical with personalized mentorship for real business challenges.
03What is the duration of the PG in Entrepreneurship & Family Business Management program?
The family business management course is 11 months with one week monthly at Mumbai campus, three weeks implementing in your business, and one day for mentoring, ensuring this entrepreneurship course in India delivers practical impact while minimizing business disruption.
04What are the key benefits of this program?
This family business management program helps scale your business 2X, build automation systems, gain unicorn frameworks, expand your network, and address family business management challenges like succession planning - all with personalized mentorship and real-time application.
05What are the eligibility criteria for applying?
You must be a graduate from any recognized university and either own a business or be an active family business member to enroll in this entrepreneurship course in India.
06Are there any specific academic or professional prerequisites?
The family business management course requires a bachelor's degree from any discipline and ownership or active involvement in a family business, as this entrepreneurship management course AAA model requires practical application in your own enterprise during the entrepreneurship development program.
07Can I pursue this program part-time or online?
This program is full-time but business-owner friendly with one week monthly on campus and three weeks in your business. The family business management course isn't fully online as immersive networking and mentorship are integral to this post graduate diploma in entrepreneurship.
08What kind of mentorship support is provided?
Each participant receives personalized one-on-one mentorship throughout the program. Mentors are experienced business leaders who understand family business dynamics and provide guidance tailored to your specific industry and challenges.
09Are industrial visits mandatory?
No, industry visits are not mandatory but they are an integral part of the learning experience. These visits provide firsthand exposure to how leading family businesses and enterprises operate, offering practical insights you can apply to your own business.
10What happens if I miss a campus week?
Regular attendance is expected as each campus week builds on the previous one. However, we understand business emergencies occur. Contact the program coordinator immediately to discuss make-up options and ensure you don't fall behind.
11Can family members attend together?
Yes! We encourage multiple family members to participate as it creates alignment in vision and strategy. Special cohort discounts may be available for multiple enrollments from the same family business but it depends on the approval of the faculty.
12What is the typical class size?
We maintain small cohort sizes (typically 25-35 participants) to ensure personalized attention, meaningful peer interactions, and effective mentorship.
13Will this program help with business expansion and fundraising?
Absolutely. The curriculum includes dedicated modules on scaling operations, fund-raising strategies, investor pitching, and business expansion planning—all with practical application to your business.

Applications are now open

Join the next generation of leaders transforming their family businesses with proven strategies.

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