Post Graduate Certificate in Family Business Management (PGCFBM)

Leadership and General Management Programmes

Post Graduate Certificate in Family Business Management (PGCFBM)

The business environment in India is rapidly changing. It is far more dynamic today than ever before. Family managed businesses must adapt to professional way of managing their businesses to remain afloat in today’s dynamic environment. This programme is therefore developed to educate and enable the owners / top-management of the Family Businesses in India to understand and learn how to tackle the challenges faced by them and continue to contribute to the national economy in a bigger way. The programme should enable them to explore how to scan the environment and identify / encash the opportunities available to them to grow either in the same field or in new vistas; will expose them to the theory related to the functional aspects of the business, developing strategies and the importance of professional management.

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  • "This programme gave me the opportunity to understand how companies view their suppliers and how .....
    Saksham Surana
    Director, Ever Bright Plastic Pvt. Ltd.
    Batch: PGCFBM 02

  • "I am Saloni Goyal and have completed the Post Graduate Certificate in Family Business Management.....
    Saloni Goyal
    Handles Family Business, ISPAT Sangrah IND
    Batch: PGCFBM 03

  • "My name is Mr. Rishab Bajaj, and my educational journey began at Sarala Birla Gyan Jyoti in Guwa.....
    Rishab Bajaj
    Member Partner, North East Class Industries
    Batch: PGCFBM 03

  • "When examining my educational alternatives, I realized that managing a family business offered d.....
    Aditi Inani
    Training- Second Generational Owner, Inani Michems
    Batch: PGCFBM 03

  • "Moving straight from my school to my undergraduate degree in Economics Honours from St. Xaviers,.....
    Suhani Sureka
    Investment Strategy Head, Adhunik Infrastructure Pvt Ltd
    Batch: PGCFBM 03

  • "Hey, I am Muskan Surana
    I have completed my UG in Product Design and is currently working .....
    Muskan Surana
    Bussiness Development Executive, Sun Industries
    Batch: PGCFBM 04

  • Saksham Surana
    Director, Ever Bright Plastic Pvt. Ltd.
    Batch: PGCFBM 02

    "This programme gave me the opportunity to understand how companies view their suppliers and how we as a company could establish ourselves as a supplier partner to the companies. The programme helped me to learn the art of networking and how effective communication is the key within the organisation as well as with our clients. Through my efforts & confidence gained through the programme we have been able to expand our business to a large extent. Just having knowledge is not enough but the execution is what determines success in the end and I can proudly say that I have gained knowledge and learned the application here at this prestigious institute."

  • Saloni Goyal
    Handles Family Business, ISPAT Sangrah IND
    Batch: PGCFBM 03

    "I am Saloni Goyal and have completed the Post Graduate Certificate in Family Business Management from IIM Calcutta, and it was an unforgettable experience. The faculty was the best I have ever encountered, making the material easy to understand and covering all the major aspects of family business management. This is the best environment for peer learning from a huge variety of like-minded people. Additionally, the case study exposes us to actual business situations from various industries, which helps us become better decision-makers.My overall experience has been enhanced by the incredible interactions with my batchmates outside of the classroom."

  • Rishab Bajaj
    Member Partner, North East Class Industries
    Batch: PGCFBM 03

    "My name is Mr. Rishab Bajaj, and my educational journey began at Sarala Birla Gyan Jyoti in Guwahati, where I laid the foundation of my learning. My quest for knowledge led me to pursue a degree in B.Tech Civil Engineering at Manipal University, Jaipur, where my dedication and hard work were rewarded with the prestigious Chairperson's Gold Medal.
    Following my academic pursuits, I embarked on a remarkable journey alongside my father, establishing the first Glass Container Manufacturing Unit in the Northeastern part of India. Our commitment to innovation and state-of-the-art technology allowed us to cater to the glass container needs of the region. Despite my engineering background, I felt the need to enhance my business acumen and fortify my family business handling tactics. It was this aspiration that led me to the Post Graduate Certificate in Family Business Management (PGCFBM) at IIM Calcutta.
    The decision to enrol in this course proved to be transformative. The theoretical insights into business, financials, operations, and overall management were invaluable, filling the gaps left by my engineering education. Armed with newfound knowledge, I was able to make strategic changes to the structure of my business, leading to noticeable growth and improvement across various aspects.
    Since completing the course, my career trajectory has experienced a remarkable shift. The enhanced business skills and comprehensive understanding of various spheres within the business world have positioned me as a more capable and confident entrepreneur. I am now well-versed in financial intricacies, operational nuances, and holistic management practices, which has significantly contributed to the success and growth of my glass container manufacturing unit.
    What truly sets the PGCFBM program at IIM Calcutta apart is its holistic approach to learning. The diverse cohort brought together a network of like-minded entrepreneurs from around the world, fostering connections that extended beyond the classroom. The esteemed faculty members provided unparalleled guidance, bridging the gap between theory and practical application. This experience was nothing short of enriching and life-changing.
    I wholeheartedly recommend the Post Graduate Certificate in Family Business Management (PGCFBM) at IIM Calcutta to anyone seeking to augment their business knowledge and take their entrepreneurial journey to new heights. Whether you come from a non-business background or are looking to fine-tune your existing skills, this course offers a unique blend of theoretical insights, practical strategies, and a network of remarkable individuals. It has been an honour to be a part of this transformative experience, and I am truly grateful for the growth it has brought to my personal and professional life."

  • Aditi Inani
    Training- Second Generational Owner, Inani Michems
    Batch: PGCFBM 03

    "When examining my educational alternatives, I realized that managing a family business offered distinct difficulties and possibilities. I was drawn to the IIM Calcutta Post Graduate Certificate in Family management because of its comprehensive curriculum, which combines classic management ideas with specialized expertise geared to the complexities of family enterprises. The reputation of IIM Calcutta as a leading management school, along with the fact that this programme focused exclusively on the dynamics of family-owned firms, convinced me that this degree was a perfect fit for my goals.
    What have you been able to achieve since completing this course?
    Since completing the course, I've experienced a substantial transformation in the way I approach our family business. The insights gained from the program, ranging from succession planning and governance structures to conflict resolution strategies, have been invaluable. I've been able to implement modern management techniques within our business while respecting the values and legacy that our family has built over generations. The program's emphasis on case studies and real-world examples allowed me to apply theoretical concepts directly to practical situations, resulting in more effective decision-making.
    How has your career impacted since starting this course?
    The influence on my career has been enormous. Not only have I gotten a better grasp of family dynamics in the business setting, but I've also built a strong professional network through interactions with my peers in the course. These contacts have provided opportunities for cooperation and knowledge sharing that I would not have had otherwise. This training has given me the confidence to take on more responsibility in our family business, as well as the tools to build an environment of creativity and adaptation.
    I heartily endorse the Post Graduate Certificate in Family company Management from IIM Calcutta to anyone interested in a family company. The programme is well-rounded, addressing both the fundamental concepts of business administration and the complicated dynamics of family-owned businesses. The knowledge of the faculty, along with real-world case studies, guarantees that you are not just studying theories but also getting practical insights that can be used directly to your organization. The program's main strength is its ability to strike a balance between conserving the family's legacy and embracing current commercial practices. This training will offer you with the knowledge, skills, and network to effectively lead your family business into a profitable and sustainable future."

  • Suhani Sureka
    Investment Strategy Head, Adhunik Infrastructure Pvt Ltd
    Batch: PGCFBM 03

    "Moving straight from my school to my undergraduate degree in Economics Honours from St. Xaviers, Kolkata to my Masters in Management from London Business School, I had earned a substantial amount of theoretical knowledge about managing or leading a company. But I felt I could learn more about the practicalities of the same, in a concentrated family business setting. This so, because, it has always been my aim to work and manage my family business working in the infrastructure sector. This course offered by IIM Kolkata, one of the most esteemed institutions in country, came to my attention and it made the perfect piece to my puzzle. The course offered me the case studies, the group discussions and the most extinguished faculty to educate me about performing in a family business environment. I had already started working in my business before joining the course, but after completing it I have been more hands on with my approach as a probable future managing head. I have started understanding people and their behaviour and approaches a lot better and am able to cater my reactions to the same. I would recommend this course to everyone who is looking for an interactive way to flourish in their company and want to experience learning with amazing teachers specially Professors Manju Jaiswal and Chetan Joshi."

  • Muskan Surana
    Bussiness Development Executive, Sun Industries
    Batch: PGCFBM 04

    "Hey, I am Muskan Surana
    I have completed my UG in Product Design and is currently working with my family-owned Business, which is largely about Manufacturing and Designing of High Voltage Electrical Equipment.
    Why I Chose the Family Business Management Course at IIMC:
    I embarked on the Family Business Management course at IIMC with a clear purpose in mind. Having grown up in a family-owned business, I was aware of the unique challenges and complexities that come with managing such enterprises. I saw this course as an opportunity to gain a more comprehensive understanding of family business dynamics, governance, and strategy, which I believed would be invaluable in my career.
    Achievements Since Completing the Course:
    Since completing the Family Business Management course at IIMC, I have achieved significant milestones in both my personal and professional life. Armed with the knowledge and insights gained during the course, it has improved our operational efficiency and profitability. Additionally, I have been able to take on a leadership role within my family business, contributing to strategic decision-making, and fostering a culture of innovation and adaptability.
    Impact on My Career:
    The impact of this course on my career has been profound. I have gained recognition within my industry as a knowledgeable and forward-thinking business leader. This has also led to expanding my network and opportunities for growth.
    Furthermore, the course has equipped me with the confidence and competence to explore new ventures beyond my family business. Why I Recommend the Family Business Management Course at IIMC:
    I do recommend the Family Business Management course at IIMC for several reasons. Firstly, it provides a comprehensive and practical understanding of the intricacies involved in managing family-owned businesses. The course materials, faculty expertise, and real-world examples offer valuable insights that can be applied.
    Secondly, the course is structured to accommodate the busy schedules of working professionals, allowing for a balanced approach to learning while still managing personal and professional commitments.
    Lastly, the course's holistic approach, coupled with the network of fellow participants, creates a dynamic and collaborative learning environment. This fosters meaningful discussions and the exchange of best practices.


    In summary, the Family Business Management course at IIMC has been a transformational experience for me. It has empowered me to lead my family business effectively, drive innovation, and explore new career opportunities. I do recommend this course to anyone looking to navigate the complexities of family-owned enterprises and achieve sustainable growth."