
The PGPM in Family Business & Entrepreneurship (PGPM-FBE) at Great Lakes Institute of Management, Chennai is a one-year, full-time specialised MBA programme designed for next-generation family business owners and aspiring entrepreneurs. It is a tailored version of Great Lakes’ flagship PGPM, focused on helping participants innovate, scale, and transform their businesses in a rapidly evolving market landscape.
The programme is structured to address the unique needs of family-run enterprises and entrepreneurial ventures, combining core management education with practical business application. It equips participants with the skills required to manage growth, drive innovation, and navigate complex business challenges.
A key emphasis of the programme is on entrepreneurial thinking and strategic decision-making, enabling participants to build sustainable and scalable business models. The curriculum integrates real-world case studies, industry insights, and hands-on learning, ensuring relevance to contemporary business environments.
Designed for individuals with a strong inclination towards business ownership and entrepreneurship, the programme prepares graduates to take leadership roles in family businesses or launch and grow their own ventures, contributing to economic growth and innovation.
• Course Level:
PG
• Stream:
Management
• Specialization:
Family Business
• Eligibility
Bachelor’s degree with minimum 50% marks
Must be part of a family business / entrepreneur / startup founder
Candidates planning to join family business can also apply
• Entrance Exams Accepted
• Process
Online application submission
Shortlisting based on entrance test / profile
Statement of Purpose (business intent)
Personal Interview (PI)
Evaluation based on business background, leadership potential, and vision
• Application Deadline
Around March
# 37th ( As per NIRF (Management category 2025) )
# Super League 2 ( As per Business Standard )
# 3rd ( As per Outlook )
# 5th ( As per Analytics India Magazine )
# 9th ( As per Business Today )
Yes, the Great Lakes PGPM FBE program is highly valuable for individuals who want to grow their family business or start their own venture. Unlike traditional MBA programs, it focuses on real business challenges such as scaling operations, managing family dynamics, and innovation. The Great Lakes PGPM Family Business and Entrepreneurship program is particularly useful for next-generation business leaders.
This program is ideal for family business successors, entrepreneurs, startup founders, and individuals planning to join their family business. The Great Lakes PGPM FBE program is not meant for traditional job-seekers but for those who want to build or expand businesses.
Unlike traditional MBA programs, the Great Lakes PGPM Family Business and Entrepreneurship program is not placement-driven. Most students return to their family businesses or launch startups. The focus is on business growth rather than job placement.
Students gain leadership skills, strategic thinking, financial management, innovation capabilities, and business expansion strategies. The Great Lakes PGPM FBE program also teaches succession planning, governance, and investment decision-making, which are crucial for family businesses.
The Great Lakes PGPM Family Business and Entrepreneurship program is customized for entrepreneurs and business owners. It includes topics like family business governance, conflict management, and venture creation, which are not typically covered in regular MBA programs.
Yes, students can avail loans at competitive terms from leading Education loan providers such as Bank of Baroda, Auxilo, Axis Bank, ICICI, SBI, HDFC Credila & IDFC,. The preferential terms offered for Great Lakes, Chennai are the same as offered for other leading business schools.
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