About Post Graduate Programme in Family Managed Business (PGPFMB)

SPJIMR’s Post Graduate Programme in Family Managed Business (PGPFMB) is designed to groom new entrants to family businesses to enable organic growth for self and their family businesses. It helps preserve and nurture the legacy of the earlier generations and leave one’s indelible mark on the family business for years to come. Conceived and launched in 1997, the programme is the pioneer in post-graduate family-managed business programmes in India. It has grown in strength, with 37 batches already having gone through the programme.

A 4000+ strong and growing alumni base, from diverse industries and locations ranging across India, Nepal, Dubai and Hong Kong, stand testimony to the appeal and reach of this unique programme.

One-on-One online counselling

PGPFMB offers one-on-one online counselling sessions to address all your queries satisfactorily. To book your slot:

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Competency Goals

The programme intends to create socially sensitive business leaders with a global mindset who will lead their family businesses to greater heights. PGPFMB is aligned with the following competency goals :

Students will have:

  • Ability to steer the family business in a dynamic business environment
  • Capability to manage the business family and family business interface
  • Capability to drive change within the family business
  • Ability to balance the needs of diverse stakeholders and be a responsible owner

Key highlights


SPJIMR campus situated in Mumbai, the financial and cultural capital of India enables a rich industry interface and offers an immersive learning experience.

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Modular programme with six days on campus per month spread over 18 months, including an international immersion in the U.S. / Europe at the partner B-School

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Making family managed businesses agile, globally competitive and sustainable.

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Innovative Pedadogy

Course architecture which is contemporary and relevant to family businesses, immersion in local and global contexts to provide exposure and create networks, structured activities aimed at enhancing the network capital of the participant family businesses.

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Batch profile

Industry connect

The PGPFMB programme fosters industry-connect as an integral part of the course architecture which includes structured interactions with alumni through specially designed opportunities like Family Fridays; interactive sessions with industry experts through Samagam and Industry in Classroom; regional industrial visits during offsite contacts and domestic industrial visits based on the elective chosen.

Participant experiences

PGPFMB offers its participants a dynamic learning experience enabled by the experiential learning, application based courses customised specifically for family managed businesses, unique opportunities like ‘Mentor Mentee Meets’, to bridge and transfer experience and knowledge from the older to younger generation as well as a diverse classroom with a network of business owners as peers and access to its 4000+ alumni network.

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