ISB’s MFAB: Is It the Right Fit for Your Family Business Leadership Journey?


 If you come from a family business and are looking to sharpen your leadership, strategy, and governance skills, ISB’s PGP MFAB (Management for Family Business) is a program worth checking out. The GOALisB article How ISB MFAB as a Family Business Management Program gives a complete look at what this 15-month, modular programme offers—and whether it delivers real value.

What makes MFAB stand out:

  • The programme is 15 months long, modular, with in-campus sessions (Hyderabad / Mohali) every 4-6 weeks. This structure allows you to keep managing your family business while you study. 

  • Curriculum is focused on real challenges faced by family enterprises: succession planning, governance, balancing legacy with innovation, conflict management, and professionalisation. 

  • Also includes international immersion(s) and peer learning with others in family businesses, which helps bring in global best practices. 

Potential considerations:

  • The fee is significant, so it’s important to assess your ROI—how much immediate vs long-term impact this program is likely to make.

  • Since work experience is not strictly required but preferred (2-4 years helps), applicants with less exposure might find some modules challenging. 

  • Because sessions are periodic (every few weeks), travel and schedule planning are needed.

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