MBA with Professional Certificate in Modernizing Family Businesses

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International Students can apply

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MBA with Professional Certificate in Modernizing Family Businesses

Overview

Family Business MBA


Transform your family business into a modern, sustainable, and profitable enterprise with our MBA with Professional Certificate in Modernizing Family Businesses.


This program is designed for family business owners, managers, and leaders who want to update their skills and knowledge to navigate the challenges of the 21st century.


Some of the key topics covered in the program include: strategic planning, leadership development, financial management, and innovation management.

Our expert faculty will guide you through a comprehensive curriculum that focuses on the unique challenges and opportunities facing family businesses today.


By the end of the program, you will have the skills and confidence to modernize your family business and achieve long-term success.


Don't miss this opportunity to elevate your family business to the next level. Explore our MBA with Professional Certificate in Modernizing Family Businesses today and start building a brighter future for your family business.

MBA with Professional Certificate in Modernizing Family Businesses is an innovative program designed to equip family business owners with the necessary skills to navigate the complexities of the modern business landscape. This course offers a unique blend of business acumen and family business expertise, providing participants with a comprehensive understanding of how to modernize and grow their family businesses. By completing this program, participants can expect to gain strategic leadership skills, enhance their business acumen, and increase their career prospects in the family business sector. The program's focus on family business modernization and succession planning sets it apart from other MBA programs. (28)

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 Governance
• Strategic Family Business Planning
• Modernizing Family Business Operations
• Effective Communication in Family Businesses
• Family Business Succession Planning
• Managing Family Business Conflict
• Family Business and Sustainability
• Building Family Business Resilience
• Family Business and Technology
• Modernizing Family Business Leadership

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)

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

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about MBA with Professional Certificate in Modernizing Family Businesses

The MBA with Professional Certificate in Modernizing Family Businesses is a unique and specialized program designed to equip students with the knowledge and skills necessary to navigate the complexities of family-owned businesses in the modern era.
This program is ideal for individuals who are already working in family businesses or those who aspire to join such organizations, as it provides a comprehensive understanding of the challenges and opportunities that come with family entrepreneurship.
Through this program, students will learn how to modernize family businesses, develop strategic plans, and implement effective management systems, all while maintaining the values and traditions that are essential to family-owned enterprises.
The learning outcomes of this program include the ability to analyze the strengths and weaknesses of family businesses, develop effective communication and collaboration skills, and create sustainable business models that balance family values with modern business practices.
The duration of this program is typically 12-18 months, depending on the institution and the student's prior experience and qualifications.
The industry relevance of this program is high, as family-owned businesses are increasingly recognized as a vital part of the global economy, and companies that can effectively modernize and adapt to changing market conditions are more likely to succeed.
By completing this program, students will gain a competitive edge in the job market and be well-equipped to take on leadership roles in family-owned businesses, as well as other organizations that value family values and entrepreneurial spirit.
The program is also relevant to professionals who work in related fields, such as family office management, wealth management, and business consulting, as it provides a deeper understanding of the complexities of family entrepreneurship and the skills necessary to support and advise family businesses.
Overall, the MBA with Professional Certificate in Modernizing Family Businesses is a valuable and highly relevant program that can help students achieve their career goals and make a positive impact on family-owned businesses.

Why this course?

The significance of an MBA with a Professional Certificate in Modernizing Family Businesses 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 lack of modernization. This highlights the need for family businesses to adapt to changing market trends and industry needs. A Professional Certificate in Modernizing Family Businesses can provide learners with the necessary skills and knowledge to navigate these challenges. The certificate program covers topics such as strategic planning, leadership development, and digital transformation, all of which are essential for family businesses looking to modernize and thrive. Statistics on the impact of modernization on family businesses in the UK are striking. For example, a study by KPMG found that 60% of family businesses in the UK have seen an increase in revenue since implementing digital transformation strategies. Another study by Deloitte found that 75% of family businesses in the UK believe that digital transformation is essential for their long-term success.
Statistic Percentage
Family businesses at risk of failing in the UK 70%
Family businesses that have seen an increase in revenue since implementing digital transformation strategies 60%
Family businesses that believe digital transformation is essential for their long-term success 75%

Who should enrol in MBA with Professional Certificate in Modernizing Family Businesses?

Ideal Audience for MBA with Professional Certificate in Modernizing Family Businesses Family business owners and managers in the UK, particularly those from the top 10% of family-owned businesses, who are looking to modernize and scale their operations, are the primary target audience for this program.
Key Characteristics: Typically, family business owners and managers have a strong entrepreneurial spirit, a passion for innovation, and a desire to create long-term value for their stakeholders. They are likely to be aged between 35-55, with a household income of £100,000+, and have a university degree, with many holding an MBA or equivalent.
Career Goals: The ideal candidate is looking to modernize their family business, expand into new markets, and increase profitability. They are also likely to be interested in developing their leadership skills, improving their business acumen, and enhancing their ability to attract and retain top talent.
Background and Experience: Typically, the ideal candidate has 5-15 years of experience in family business management, with a strong track record of driving growth, innovation, and profitability. They are likely to have a deep understanding of the family business model, as well as experience working with external partners, investors, and advisors.