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Offered by Indian Institute of Management Calcutta (IIMC)

Post Graduate Certificate Programme in Family Business Management (Batch-08)

A 12-month IIM Calcutta executive programme for family-business owners, next-gen leaders and senior managers that combines live online teaching, case-based learning and two five-day campus immersions to build governance, succession and strategic-growth capabilities.

Duration
12 Months
Current batch / intake
Batch 08
Learning format
Online with Campus Immersion
Program fee
₹4,58,500
Program start
1 November 2026
Apply by
18 October 2026
Duration 12 Months
Mode Online with Campus Immersion
Program Fee ₹4,58,500
Apply By 18 October 2026

Program Overview

This 12-month executive programme helps owners, successors and senior managers of family-run businesses professionalise operations, governance and leadership while preserving legacy. Delivered live-to-device with case-based learning and faculty guidance, it covers finance, people, marketing, operations and strategy within the unique context of intergenerational firms.

The programme includes two mandatory five‑day campus immersions at IIM Calcutta and a capstone project to apply learning to a real business challenge. Graduates receive a Certificate of Successful Completion from IIM Calcutta and—subject to requirements—Executive Education alumni status, access to the alumni portal and networking benefits.

Why consider this program

Key highlights and core differentiators that set this program apart.

IIM Calcutta Executive Education credential and alumni status

Live online (Direct-to-Device) delivery plus two 5-day campus immersions

Case-based curriculum with real business capstone project

Tailored curriculum for family-business owners and senior managers

Peer network of owners and senior leaders across industries

What you may gain

Core capabilities, strategic skills, and managerial frameworks you will acquire.

  • Strengthen leadership across generations and foster collaborative decision-making in family businesses.
  • Make confident, informed strategic decisions using market, risk and growth analysis.
  • Apply practical leadership and people-management techniques that blend family values with modern management.
  • Access domestic and international practices for long-term sustainability and cross-border growth.
  • Design governance, succession and expansion strategies for complex family business structures.

Program at a glance

Essential delivery mode, timeline, and candidate eligibility at a glance.

Career level
CXO / Executive
Mode
Online with Campus Immersion
Language
English
Certification
Certificate
Application status
Open

Curriculum / Course Content

Comprehensive breakdown of course modules, masterclasses, and hands-on projects.

Professionalising Management of Finances and Family Wealth

  • Financial reporting & analysis concepts

  • Cost Management concepts

  • Management Control systems

Professionalising People Management

  • Understanding Self

  • Leadership

  • Handling Conflicts

  • Negotiation Skills

Professionalising Management of Customers

  • Fundamentals of brand building

- Active management of distribution channels: Modern practices

  • Digital and Social Media Marketing

Professionalising Management of Operations

  • Lean Management

  • TQM, JIT

  • Service Operations

  • Supply Chain Management

- Understanding the geopolitics of the India Opportunity Expanding the worldview: Geopolitics and businesses

  • Understanding Managerial Economics and Macroeconomic environment

- Sustainable Business Environment: Challenges and Prospects

  • Evolution, growth and inter-generational dynamics of family and business

  • Corporate Governance and Business Ethics

  • Family and other stakeholders in a business

  • Driving value, managing conflicts, and Succession planning

  • Capital budgeting, Cost of Capital, Optimal Capital Structure

  • Payout Policy, Fund-raising and business growth

  • PE/VC, valuation and sustainable business

  • Investment, Financial Planning & Wealth Management

  • Venture capital and the evolving startup ecosystem

  • Basics of strategic thinking

  • Deciphering competitive advantage

  • Forging and executing cooperative strategies

  • Strategies for small firms and early stage start-ups

  • Challenges Entrepreneurs Face and Addressing those Challenges

  • Developing a global mindset

- Internationalisation of Business: Taking your business global

  • Intrapreneurship and Corporate Strategy

  • Design thinking for charting new growth paths

  • Managing through technological, social and political transitions

  • Developing a Global Mindset

- Internationalisation of Business: Taking your Business Global

  • Building Skills for Global Business

Participate in a project that will be the culmination of all the concepts and tools you have learned during the course of the programme.

Learning format and experience

Format, class schedules, campus immersion details, and evaluation criteria.

Study format

Mode and time commitment

Mode
Online with Campus Immersion
Duration
12 Months
Live learning

Class schedule

Sundays · 15:30-18:30

In-person experience

Campus component

Experience focused learning and peer engagement through two on-campus visits at IIM Calcutta.

The programme includes two 5-day campus visits designed to support learning beyond the virtual classroom. These sessions offer space for group work, live discussions, and faculty interaction, allowing participants to explore real business scenarios in a shared, engaging environment.

Attendance at both visits is required to earn the Certificate of Completion. These visits also provide a valuable opportunity to connect with business owners, founders, and senior leaders from various industries, creating space for peer learning, collaboration, and meaningful conversations rooted in real business experience.

Learning approach

How you will learn

  • LIVE online lectures with IIM Calcutta faculty
  • Carefully selected case studies based on class strength and experience
  • LIVE corporate examples from Indian and international organisations
  • Moderated peer discussion sessions
  • Sessions delivered directly to device (Direct-to-Device)
  • Cutting-edge interactive learning platform; reading materials and asynchronous access provided
Assessment

How learning is evaluated

  • Term-end examinations

  • Capstone project

  • Assignments

  • Case discussions

  • Grading: modules evaluated are graded as Excellent / Good / Fair / Poor; successful completion requires meeting attendance requirements and receiving "Poor" in not more than two modules

  • Attendance: minimum 75% attendance required to appear for examinations and to successfully complete the programme

Eligibility and admissions

Eligibility criteria, work experience requirements, and admission steps.

Who this program is for

  • Family Business Owners: bring clarity to business planning, team leadership, and succession; build systems that align family values with long-term business goals.

  • Next-Gen Leaders: prepare to take over, manage transitions, build credibility, and work alongside previous generations.

  • Top Management: senior professionals supporting family businesses who need to sharpen strategic thinking and lead change.

  • Family Business Executives: executives working within family businesses who must manage functions, communicate across roles, and support long-term goals.

Eligibility criteria

  • Open to the owner or scion of a family-owned business who is actively involved in its management or leadership responsibilities.

  • Top-level executives reporting directly to the family business owner, with at least 10 years of work experience after qualifying education.

  • Applicants must hold a bachelor’s or master’s degree from a recognised institute to meet the academic eligibility requirement.

  • Internship or trainee experience will not be considered.

  • Final selection will be done by IIM Calcutta.

Minimum qualification
Graduate
Experience
Above 10yrs

Admission and selection process

Admission criteria

  • Selection is based on the candidate’s overall profile, including educational background, relevant work experience, and a Statement of Purpose.

  • Eligibility criteria must be met; final selection is at the discretion of IIM Calcutta.

Selection / Offer

  1. Select course and complete initial registration.

  2. Receive guidance from a programme advisor and submit documents (interview if required).

  3. Pay the preliminary registration/course fee and receive offer letter.

  4. Confirm participation and complete onboarding formalities.

Alumni connection

Graduates gain official alumni recognition and lifetime networking privileges.

  • Join a 35,000+ member alumni network of professionals, business leaders and entrepreneurs.

  • Receive an official IIM Calcutta email ID.

  • Access a dedicated alumni portal for events, opportunities and updates.

  • Share milestones and view peer achievements via alumni communications.

  • Avail 5% fee reduction for future IIM Calcutta LDP programmes.

Important Dates

Key application deadlines, batch commencement dates, and intake schedules.

Application Deadline 18 October 2026
Program Start Date 1 November 2026

Fees and Financing

Tuition fees, flexible installment schedules, and available financing options.

Total Programme Fee₹4,58,500
Fee or instalmentAmountDue date / termsNotes
Processing / Application Fee₹15,000—Processing/Application fee shown separately; non-refundable in specified circumstances
Total Programme Fee (Excluding Application Fee)₹4,58,500—GST will be additional as applicable.
Instalment I₹1,07,500Within 1 week of offer roll-outInstalments are inclusive of the convenience fee; GST additional as applicable.
Instalment II₹1,12,0006th January, 2027Instalments are inclusive of the convenience fee; GST additional as applicable.
Instalment III₹1,12,0006th March, 2027Instalments are inclusive of the convenience fee; GST additional as applicable.
Instalment IV₹1,12,0006th May, 2027Instalments are inclusive of the convenience fee; GST additional as applicable.

Fee notes

  • Total programme fee is ₹4,58,500; GST will be additional as applicable.

  • Processing / Application fee: ₹15,000 (processing fee / application fee noted separately).

  • Processing fee / application fee is non-refundable in specified circumstances: if candidate rejects the offer or if application is rejected due to incomplete documents, incomplete information or not meeting eligibility.

  • Instalments are inclusive of the convenience fee; GST extra as applicable.

  • Instalment schedule and convenience-fee inclusion noted; any change in applicable taxes during programme tenure will be borne by the student.

Certificate Details
  • Certificate of Successful Completion awarded by IIM Calcutta to candidates who meet attendance and evaluation requirements.

  • Certificate of Participation issued to participants with requisite attendance but who do not meet evaluation thresholds.

  • Grading: evaluated modules receive grades (Excellent, Good, Fair, Poor); successful completion allows not more than two modules graded Poor.

  • Sample certificate images are illustrative and may change at institute discretion.

Sample Certificate

Post Graduate Certificate Programme in Family Business Management (Batch-08) sample certificate
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