{
  "id": 13893298,
  "title": "IIM Lucknow launches MBA in Family Business; first batch to begin in July 2027",
  "url": "https://urgent.news/2026/10/12/iim-lucknow-launches-mba-in-family-business-first-batch-to-begin-in",
  "topic": "world",
  "section": "World",
  "published": "2026-10-12T06:36:33.000Z",
  "source": {
    "name": "The Indian Express",
    "slug": "the-indian-express",
    "url": "https://indianexpress.com/article/education/iim-lucknow-launches-mba-family-business-first-batch-begins-july-2027-10917580/"
  },
  "original_language": "en",
  "account": "The Indian Institute of Management (IIM) Lucknow has introduced a Master of Business Administration (MBA) specialising in Family Business for owners of family enterprises and the next generation of leaders in such businesses. This two-year program is designed to equip participants with the necessary management skills to preserve family legacies, develop leadership abilities, and build thriving enterprises. Six family business laboratories are conducted throughout the six trimesters, covering topics such as enterprise diagnosis, vision and strategy, succession planning, leadership transition, innovation, and venture investing.\n\nApplications for the first phase of this MBA programme must be submitted by December 31, 2026, with the first cohort set to commence in July 2027. The second phase of applications will be accepted until April 2, 2027. The program will be delivered on-campus with a modular format, requiring participants to visit the Noida campus once a month for about seven days.\n\nThe curriculum encompasses core management disciplines, including Family Enterprise Foundations, Family Business Governance, Growth Strategies, Leadership in Family-Managed Businesses, Succession and Generational Transition, Regulatory Frameworks, and Strategic Venture Investing. Participants will also have the opportunity for global immersion through visits to international family-run enterprises, simulations, case-based learning, and select workshops. These workshops aim to facilitate discussions on succession and governance among parents, siblings, and elders involved in family businesses.\n\nCandidates must review the eligibility criteria and prerequisites on the institute's online portal before applying. Shortlisted applicants will be invited for a personal interview to assess their family business involvement, leadership qualities, and capability to apply their acquired knowledge in practical scenarios.",
  "summary": null,
  "key_points": [
    "IIM Lucknow launches MBA in Family Business",
    "First batch begins in July 2027",
    "Program covers governance, succession, venture investing"
  ],
  "editors_take": "Tailoring management education to the specific needs of succession planning and governance helps ensure the long-term stability and professionalization of family-run enterprises through structured academic training.",
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Ajel English",
        "title": "Saudi Passports Directorate launches online resident report via Absher Business",
        "url": "https://urgent.news/2026/10/12/saudi-passports-directorate-launches-online-resident-report-via",
        "published": "2026-10-12T08:14:58.000Z"
      },
      {
        "outlet": "NDTV - India News",
        "title": "IIM Lucknow To Start Two-Year MBA In Family Business In July 2027",
        "url": "https://urgent.news/2026/10/12/iim-lucknow-to-start-two-year-mba-in-family-business-in-july-2027",
        "published": "2026-10-12T08:29:06.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}