MBA with Professional Certificate in Managing Family Business Change

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International Students can apply

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MBA with Professional Certificate in Managing Family Business Change

Overview

Family Business Change

is a transformative journey for family-owned enterprises seeking to adapt to a rapidly changing world. This MBA with Professional Certificate in Managing Family Business Change is designed for family business leaders and their teams, equipping them with the skills to navigate complex change and ensure a sustainable future.

Some family businesses struggle to balance tradition with innovation, while others face challenges in managing intergenerational transitions.


This program addresses these challenges by providing a comprehensive framework for managing family business change, including strategic planning, leadership development, and communication strategies.


Through a combination of online and on-campus learning, participants will gain a deeper understanding of the complexities of family business change and develop the skills to drive positive transformation.


Join us on this journey and discover how to lead your family business into a brighter future.

Managing Family Business Change is a comprehensive MBA program that equips you with the skills to navigate the complexities of family business evolution. This family business change program offers a unique blend of theoretical foundations and practical tools, allowing you to develop a deep understanding of the dynamics at play. With a focus on strategic leadership, you'll learn to drive transformation and growth, while maintaining the values and legacy of your family business. Upon completion, you'll be well-positioned for a career in family business management, with opportunities in executive roles and entrepreneurship. (8)

Entry requirements

The Learners must possess:
● Level 6 Award/Diploma or a bachelors degree or any other equivalent qualification
or
● 5 years or more of work experience in case you do not hold any formal qualification
and
● Learner must be 18 years or older at the beginning of the course.


International Students can apply

Joining our world will be life-changing with a student body representing over 157 nationalities.

LSIB is truly an international institution with history of welcoming students from around the world. With us, you're not just a student, you're a member.

Course Content

•
Family Business Dynamics and Change Management •
Strategic Planning for Family Businesses •
Effective Communication in Family Business Settings •
Managing Conflict and Power Struggles in Family Businesses •
Succession Planning and Leadership Development •
Family Business Governance and Ownership Structure •
Financial Management and Performance Measurement •
Marketing and Sales Strategies for Family Businesses •
Human Resource Management in Family Businesses •
Family Business and Sustainability: Environmental and Social Impact

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration

The programme is available in two duration modes:

12 Months: GBP £7700
18 Months: GBP £6700
This programme does not have any additional costs.
The fee is payable in monthly, quarterly, half yearly instalments.
You can avail 5% discount if you pay the full fee upfront in 1 instalment

Payment plans

12 Months - GBP £7700

● Payment option (a) - GBP £770 x 10 monthly instalments
● Payment option (b) - GBP £2566 x 3 quarterly instalments
● Payment option (c) - GBP £3850 x 2 half yearly instalments
● Payment option (d) - GBP £7315 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

18 Months - GBP £6700

● Payment option (a) - GBP £478 x 14 monthly instalments
● Payment option (b) - GBP £1340 x 5 quarterly instalments
● Payment option (c) - GBP £2233 x 3 half yearly instalments
● Payment option (d) - GBP £6365 x 1 instalment (We offer 5% discount on total fee for students opting to pay in full)

40% Cheaper

Our course fee is upto 40% cheaper than most universities and colleges.

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Accreditation

 Stage 1 (Delivered by LSIB):
The programme involves delivery through on-line Learning Management System (LMS). This stage leads to award of Level 7 Diploma in Strategic Management and Leadership. Credits earned at this stage - 120 credits (60 ECTS).

Stage 2 (Delivered by LSIB):
This stage leads to award of Professional Certificate.

Stage 3 (Delivered by the University / awarding body)
On completion of the diploma programme you progress / Top up with Degree through a UK University for progression to the MBA degree. The stage 3 is delivered via distance learning by faculties from the University / awarding body. Credits earned at this stage - 60 credits (30 ECTS).

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  • 1. Complete the online enrolment form and Pay enrolment fee of GBP £10.
  • 2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
  • Apply Now
    •

Got questions? Get in touch

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+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Managing Family Business Change

The MBA with Professional Certificate in Managing Family Business Change is a unique and specialized program designed to equip students with the skills and knowledge necessary to navigate the complexities of family business succession and transformation. This program is designed to be completed in a relatively short duration of 12-18 months, making it an ideal option for working professionals who want to enhance their skills and knowledge without taking a significant break from their careers. Through this program, students will learn how to effectively manage family business change, including strategic planning, leadership development, and communication skills. They will also gain a deeper understanding of the psychological and emotional aspects of family business succession, as well as the legal and financial implications of change. The program is highly relevant to the current industry landscape, where family businesses are increasingly facing challenges such as generational succession, mergers and acquisitions, and changing market trends. By learning how to manage family business change, students will be well-equipped to navigate these challenges and position their family businesses for long-term success. The learning outcomes of this program include the ability to analyze complex family business situations, develop effective strategies for managing change, and communicate effectively with stakeholders. Students will also gain a deeper understanding of the role of leadership in family business succession and transformation, as well as the importance of cultural and social factors in shaping family business outcomes. Overall, the MBA with Professional Certificate in Managing Family Business Change is a valuable and relevant program that is designed to equip students with the skills and knowledge necessary to succeed in the complex and dynamic world of family business management.

Why this course?

The significance of an MBA with a Professional Certificate in Managing Family Business Change cannot be overstated in today's market. According to a recent survey by the Family Business Institute, 70% of family businesses in the UK are at risk of failing within the next 10 years due to inadequate succession planning and management. This highlights the need for professionals to possess the necessary skills and knowledge to navigate the complexities of family business change.
Industry Trends Statistics
Growing demand for family business management 85% of family businesses in the UK are looking to expand or diversify (Source: Family Business Institute)
Increasing importance of succession planning 60% of family businesses in the UK have a succession plan in place (Source: Family Business Institute)
Need for effective communication and collaboration 70% of family businesses in the UK report poor communication between family members (Source: Family Business Institute)

Who should enrol in MBA with Professional Certificate in Managing Family Business Change?

Ideal Audience for MBA with Professional Certificate in Managing Family Business Change Family business owners and managers in the UK, particularly those from the top 10% of family-owned businesses, who are looking to adapt to changing market conditions and ensure the long-term sustainability of their family enterprise.
Key Characteristics: Typically, individuals with 5-20 years of experience in family business management, holding a bachelor's degree in a relevant field, and having a strong understanding of business operations, finance, and strategy.
Career Goals: To develop the skills and knowledge necessary to navigate the complexities of family business change, enhance their leadership abilities, and contribute to the growth and success of their family enterprise, with a potential salary increase of up to 20%.
Industry Insights: The UK's family business sector is worth £1.4 trillion, with 5.8 million family-owned businesses, and is expected to grow by 10% annually. By completing this program, individuals can stay ahead of the curve and ensure their family business remains competitive in a rapidly changing market.