Are you ready to lead your family business to the next level?
SP Jain’s Global Family Managed Business (GFMB) program is an innovative 12-month certificate program designed to equip young family business owners and leaders with the knowledge, skills and tools they can use to address the challenges specific to their own family businesses.
The SP Jain GFMB program is built on the principle that leaders, no matter what type, will be faced with many difficult and different decisions. Combining case studies, discussions, debates and real-world tools, you will develop new approaches to decision-making and gain valuable insights into nurturing effective business and family relationships, developing long-term customers, maintaining ownership control, managing resources, defining new business initiatives and managing conflict.
The program offers opportunities to collaborate with experienced peers, world-class faculty and industry leaders, and help you develop the techniques and frameworks needed to run your business at an international level. While the program imparts modern and global perspectives, it also focuses on issues unique to family businesses grounded in one’s own culture, tradition and family beliefs.
Note: This program is not recognised by TEQSA, ASQA, AICTE or any other regulatory body in India or overseas, and does not lead to a qualification recognised within the Australian Qualifications Framework.
Shubhi Goyal (GFMB Program Batch 8)
Raghuvir Exim Limited, Ahmedabad
LEAD YOUR FAMILY BUSINESS TO THE NEXT LEVEL
SP Jain’s Global Family Managed Business (GFMB) program is an innovative 12-month postgraduate program designed to equip young family business owners and entrepreneurs with the knowledge, skills and tools to address the challenges specific to their own family businesses.
With the help of case studies, discussions, debates and real-world tools, you will develop new approaches to decision-making and gain valuable insights into nurturing effective business and family relationships, developing long-term customers, maintaining ownership control, defining new business initiatives, and managing resources and conflict.
The family managed business program gives you the opportunity to study in Mumbai, Dubai and Singapore, learn with experienced peers, world-class faculty and industry leaders, and develop the techniques and frameworks needed to run your business internationally. While the program imparts modern and global perspectives, it also addresses issues unique to family businesses grounded in one’s own culture, tradition and family beliefs.
CHOOSE BETWEEN TWO LEARNING FORMATS
Option 1: Tri-city Learning Format (Face-to-face classes in Mumbai/Delhi, Dubai and Singapore)
Every month, study for 1 week on campus at SP Jain followed by 3 weeks at your own family business.
Option 2: Blended Learning Format (Online classes + face-to-face classes)
Those who complete the first semester successfully will have the option to opt for the Degree Program from London offered by SP Jain London School of Management. More details can be obtained from the website: Masters of Family Managed Business (MFMB) | SP Jain London School of Management
Note: This program is not recognised by TEQSA, ASQA, AICTE or any other regulatory body in India or overseas, and does not lead to a qualification recognised within the Australian Qualifications Framework.
The SP Jain GFMB program helped me enhance and grow my business to a whole new level. One of my favourite aspects of the program was our Foreign Educational Tour, where we travelled together with our professors and peers to top business hubs like Dubai, Singapore, South Korea, and Japan. These trips helped me build a truly global perspective on business while also understanding the minute detailing that happens at the ground level in every successful business. This is not knowledge that you get from any textbook. I truly believe that this program will be highly beneficial for everyone out there who wants to grow their business and take it to new heights.
I chose SP Jain’s Global FMB program because of the experienced faculty. The program’s tri-city model has helped me in my personal transformation journey. The one year I spent at SP Jain has made me grow immensely as a person. I have learnt to understand businesses from different perspectives. It has also helped me become more organised, manage my finances and make better business decisions.
The USP of SP Jain’s Global FMB program is the experienced and qualified faculty. Initially, I was under business training. During the program, I gradually took control of some key responsibilities in the business. After successfully completing the course, I started implementing what I learnt and gained confidence and greater control in the business.
The focus of the program was on the challenges ‘new-gen’ business owners, like me, face. So, the emphasis in the classroom was largely on the practical implications of culture, globalisation and technology innovation on business versus just developing theory-based knowledge. The most impressive part of the program was its faculty who worked on improving rather than changing the way we run our businesses. They helped us understand that in order to be successful, we need to create a “winning experience” for our customers.
Each interaction and each lesson has left a lasting impact on my growth as a business owner. The Toyota, Hyundai and Samsung industrial visits we undertook in South Korea and Japan were eye-opening, and so were the opportunities to interact, network and build professional connections with the CEOs and leaders of such iconic brands.
SP Jain has played a significant role in shaping the way ahead for my family businesses – Aarambh Life Science (pharmaceutical raw materials manufacturing company) and MarchVET (veterinary products manufacturing company). The Global FMB program trained me to become a business leader and I started thinking of ways to minimise costs and increase profits. My family has welcomed the changes I have brought about in the businesses and adapted to them. The program’s tri-city format also ensured I gained global exposure.
12 months at SP Jain completely changed my mindset as I got to know my business and the role of my family in it better. It also made me appreciate and value the hard work that our mentors have put in. Today, lessons from this course allow me to persuade others, reconcile differing viewpoints and make rational business decisions. As I move forward to create value in the corporate world, I will always remember what I learnt in this course, the main one being: sale is vanity, cash is reality and profit is sanity.
Before enrolling on the Global Family Business Management course, our business operated with limited knowledge of international practices and traditional management techniques. Our network was confined locally, and strategic thinking focused on short-term gains rather than long-term sustainability. However, after completing the course, our perspective broadened significantly. We now possess advanced business acumen, boosted by a global outlook and proficiency in modern management tools. Our network has expanded globally, fostering connections with industry leaders and potential collaborators. We've adopted innovation and automation, transforming our operations to achieve greater efficiency and competitiveness. Moreover, our leadership has evolved towards a more visionary and transformative approach, driving continuous improvement and sustainable growth. This course has truly empowered me to elevate my family business into a forward-thinking global enterprise.
The Global Family Managed Business (GFMB) course was transformative, guiding me to discover my true calling within my family business. Before, my focus was on fulfilling existing roles, but the program unveiled my unique strengths and potential contributions. Crafting a business plan during the course was both enlightening and enjoyable, revealing new ways to innovate and add value. Now, armed with strategic insights and a clearer direction, I'm equipped to make a meaningful impact and drive our business forward with confidence and purpose.
Attending SP Jain's GFMB program has been one of the most incredible experiences of my life. The course excels in striking a perfect balance between theoretical knowledge and practical application. The faculty members are extremely supportive, even outside of lectures. I highly recommend this program to anyone looking to advance their family business. It broadens your perspective in a way that transforms everything.
I would recommend the Global Family Managed Business (GFMB) course offered by SP Jain to all the scions of Indian family businesses. Irrespective of the scale that you are right now, if you have a family business and you are committed to growing it this is the thing to sign up for. The course is as practical as you can imagine it to be. Everything that is taught can be implemented in the very next call or meeting that you have scheduled. The experience which the faculties offer is phenomenal. Every challenge that you could think of which a young entrepreneur just finding his way around working with his family and experienced employees can think of will be touched upon. The course transforms you into thinking bigger.
In the quest for an “appropriate” MBA course, I got to know about the GFMB course through a friend who then linked me to the course contents and its structure, which I found interesting. I can surely say that joining the GFMB has been helpful in shaping my worldview and sharpening my thought process as an entrepreneur. The year of doing GFMB has been an exciting and memorable year full of relevant and practical learnings, industrial visits, and global exposure given to us by the world’s best-ever faculties at SP Jain School of Global Management.
I am now able to strike the balance which I need, and I can focus on business growth while still being engaged in engineering or technical activities. My purpose to join the course was rightly served for which I will always be thankful to my family and my faculties at SP Jain School of Global Management.
SP Jain School of Global Management’s Global Family Managed Business (GFMB) program offers valuable opinions and validations from experienced professors who have successfully tackled similar challenges for many. The program provided me with insights into corporate practices and international exposure and ensured a practical education that helped me achieve my business goals. The program goes beyond theoretical case studies, preparing you to navigate the real-world complexities of managing a family business.
Due to the COVID-19 (coronavirus) crisis, we understand that many colleges/universities may not have been able to conduct their final exams, which usually fall within the period from March to May. Therefore, for admission into the Global FMB program’s upcoming intake, we are accepting applications from students who have their result till the second last semester of their bachelor’s program.
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