Mastering the Art of Family Business with PGP RISE FBM

If you're part of a family business, you're not just managing a company — you're carrying a legacy. Maybe you’re expected to run a system built decades ago, but the world around you has changed. Perhaps you’re introducing innovation in an environment rooted in tradition. Or you're struggling to prove yourself — not just as an heir, but as a leader with vision. These aren’t challenges a generic MBA can fix.

The dynamics of family business management are uniquely personal — shaped by emotion, history, and inherited responsibility.

At Masters’ Union, we understand this complexity. That’s why the Postgraduate Programme in Family Business Management (PGP RISE FBM) exists — to equip next-generation leaders with the mindset, tools, and clarity they need to take the reins of legacy businesses with confidence and integrity.

• The PGP RISE FBM is built specifically for the challenges of family business management, not just general management theory.
  
  

• Students gain deep exposure to global legacy businesses and real succession strategies.
  
  

• The program emphasizes personalised mentorship, helping students lead with clarity and conviction.
  
  

• Peer learning and global networks create a lifelong community of family business leaders.
  
  

• Graduates emerge equipped to evolve their business models, professionalise operations, and navigate generational shifts.
  
  

Why Managing a Family Business Is a Difficult Balancing Act 

If you're a second or third-generation leader, you know the tension: the business already works — but something feels stuck. You’re expected to move fast, but not break tradition. Bring in tech, but preserve legacy. You're handed the keys — but rarely the steering wheel.

This is where PGP RISE FBM stands apart. It’s not about teaching you what to do. It’s about helping you figure out how to do it — with empathy, awareness, and confidence.

Through guided reflection, structured coaching, and peer learning with fellow family business successors, you learn to craft your own leadership identity — one that’s not just accepted by your family, but respected by your team.

A Global Immersion into the Best of Legacy Leadership

This isn’t a textbook MBA. At PGP RISE FBM, you’ll step into the boardrooms and shop floors of century-old family-run businesses across Europe and Asia. From sourcing fairs in Taiwan and China to 100+ year-old family enterprises in Germany and Italy — you’ll study global best practices in family governance, succession, and innovation.

But you won’t just observe. You’ll engage. You’ll question. You’ll debate.

These immersive experiences help you:

• Spot international business models that could inspire your own transformation.
  
  

• Understand how family-owned giants remain relevant through structure, not just sentiment.
  
  

• Learn how to navigate intergenerational transitions without losing the soul of the company.
  
  

It’s about preparing you to write the next chapter in your family enterprise — informed by the past, but shaped by global intelligence.

Learning from India’s Iconic Family Businesses

The classroom shifts to the boardroom as you engage directly with leaders from legacy Indian firms like Tata, Reliance, Escorts, Godrej, and DCM Shriram. You won’t hear rehearsed PR stories — you’ll get the raw, unfiltered truth.

Expect conversations around:

• Sibling rivalries in the boardroom
  
  

• The shift from founder-led to professional management
  
  

• Debates on bringing in external CEOs
  
  

• Structuring family offices and governance boards
  
  

This is real, case-based learning rooted in the Indian family business context. You’ll see your own challenges reflected in theirs — and begin to shape solutions for them.

Why Personalised Mentorship Is the Game Changer

In family business management, no two paths look the same. That’s why the mentorship at PGP RISE FBM is radically personalised. You’re paired with mentors who have advised, led, or transformed family businesses across sectors — from consumer goods to heavy industry to real estate.

What makes this powerful is not just the advice — it’s the consistency. Your mentor becomes your sounding board through pivots, transitions, and tough decisions. It’s leadership coaching tailored to your rhythm, your vision, and your family dynamics.

Plus, you’ll access global peer networks through YPO, EO, and CII-FBN — often forming advisory relationships that extend long after the program ends.

Reimagining Growth Without Losing What Matters

For most successors, the goal isn’t to disrupt. It’s to evolve.

That evolution might mean:

• Going from wholesale to D2C
  
  

• Digitising inventory and logistics
  
  

• Expanding from regional dominance to international markets
  
  

• Bringing in external leadership while preserving family values
  
  

The program helps you manage these transformations practically and emotionally. You’ll learn how to anticipate resistance, navigate internal politics, and implement systems that support — not stifle — innovation.

Because the management of family business isn’t just about strategy. It’s about trust, timing, and tone.

What Happens After You Graduate From PGP RISE FBM?

Many alumni have gone on to:

• Launch new verticals under their family umbrella
  
  

• Restructure governance systems for cousins and siblings
  
  

• Expand into global markets based on insights from immersion trips
  
  

• Drive ESG adoption within legacy frameworks
  
  

• Build out independent identity while staying rooted in tradition
  
  

More than the outcomes, it’s the shift in mindset that defines their success. You start seeing the business not just as inheritance, but as opportunity — to make it more relevant, resilient, and responsible.

That’s the real transformation the PGP RISE FBM drives.

Final Thoughts

At Masters’ Union, we believe that while a family business can be inherited, leadership must be earned. And earning that trust — from your family, your team, and yourself — takes more than a generic degree.

It takes real-world exposure. Personal mentorship. Global networks. And above all, a deep, internal journey.

The PGP RISE FBM is not just an academic program. It’s a blueprint for stepping into legacy with vision — and building a business that lasts.

FAQs

1. Who is the PGP RISE FBM program designed for?
It’s designed for successors of family businesses — typically second or third-generation entrepreneurs — looking to lead and evolve their legacy with structure and vision.

2. What is the duration and format of the program?
The program is spread across 12 months in a hybrid format, blending immersive in-person experiences with flexible online modules and travel-based learning.

3. How is the mentorship structured during the program?
Each student is matched with mentors based on their industry, challenges, and family dynamics. Regular 1-on-1 sessions support tailored guidance and leadership growth.

4. What kind of businesses do alumni go on to run?
Alumni run businesses across sectors — from textiles and food manufacturing to logistics and real estate. Many have also launched tech-enabled verticals or gone global.

5. How does PGP RISE FBM differ from a traditional MBA?
While a traditional MBA focuses on general management, PGP RISE FBM is laser-focused on the emotional, strategic, and governance challenges of family-run businesses.