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PGP in
Family Business Legacy Management

Scale your family business to 10X and make it run on auto-pilot.

Duration

12 Months
Incl. domestic & international immersions

Format

Full Time
On Campus, Opt-in Residential

Location

Gurugram
DLF Cyberpark

Eligibility

Family Entrepreneurs
0 - 7 years of work experience

BRING REAL CHANGES TO YOUR FAMILY BUSINESS

Maximize Revenue, Automate &
Future-Proof Your Family Business

Expand Your Business
to New Geographies

Build a global business network across Europe, China, and rural India.

Exclusive Immersion at INSEAD Paris

Expand your business in the West. Gain insights from European family businesses, earn certification from world-class faculty.

Exhibit at the World’s Largest Trade
Event - China’s Canton Fair

Visit the epicentre of global trade, meet 10+ lakh customers and suppliers from more than 150 industries, and strike deals to increase your profitability.

Undertake a Strategic Bharat Yatra to Unlock Growth

Explore five high-growth Indian cities and more than 10 villages, with leaders from Airtel & Unilever to learn how to tap into the next phase of India’s growth.

Expand Your Network.
Increase Your Net Worth.

Get mentored by top family business promoters, CEOs, and MDs, while engaging in insightful discussions with peers from other family-run businesses.

Learn Family Business Strategy With Ivy League Faculty

Learn directly from academicians and family business experts from Stanford, Wharton, Harvard, and more.

Learn Tactics From Promoters of 100+ Year-old Family Empires

Get coached directly by promoters of giants like Hero Group, Emami, Kalyan Jewellers, Safexpress, and gain firsthand knowledge of their strategies.

Build Personal Connections With Like-minded, Fellow Family Business Scions

Engage in insightful conversations with the next-generation of family business leaders and leverage shared networks.

Get 100+ Hours of Actionable,
1-1 Business Coaching

Access expert guidance to elevate every aspect of your professional and personal growth.

Build a Strong Personal Brand With a PR Coach

Get strategic media coverage in top outlets like Forbes and ET, launch your own podcast, and build your authority on LinkedIn.

Assess The Fiscal Health of Your Business With Expert Coaching

Get audit insights from PwC and Big 4 experts, and gain firsthand experience by shadowing IPO roadshows.

Improve Your Public Speaking Through a Speech Expert

Deliver clear, confident speeches that inspire action and build influence. Refine your leadership presence.

Preserve Both Family Unity and Business Continuity With a Family Councillor

Navigate and resolve intricate family disputes through open communication facilitated by a skilled counsellor.

Establish a Stellar Family Business Advisory Board

Choose five experts from our esteemed pool of 100+ faculty and industry leaders to join your advisory board. Gain strategic guidance and seasoned insights to navigate leadership transitions, steer your business with clarity, and leverage decades of experience across key sectors.

Business of Bollywood

ACTION ORIENTED LEARNING

Witness the Family Business Lab

50% of the entire PGP in Family Business Management is about fixing your own family business.
Each term, you will work on one capstone project with your own family business team.

Witness the Family Business Lab

50% of the entire PGP in Family Business Management is about fixing your own family business. Each term, you will work on one capstone project with your own family business team, aided by professional facilitators. You will identify challenges and goals, creating actionable plans tailored to your family enterprise.

Financial Mastery for Family Business

You will analyse and create a financial plan to reduce working capital requirements. You will develop growth and investment/reinvestment strategy. You will restructure your financial statements in an IPO-ready format.

Digital Transformation Sprint

You will identify and integrate advanced technologies to automate your operations to move from people dependency to system dependency. You will define and monitor team wide KPIs, implement CRMs and advanced data analytics & AI strategy.

Strategic Acquisition & Expansion

You will identify potential acquisition targets for your family business, conduct due diligence, negotiate terms and create an integration plan. Best students will get evaluated by a panel of M&A experts.

Startup Innovation Lab

You will develop, prototype, and pitch a new product or service for your family business and define a go-to-market strategy. Best students will get evaluated by a panel of top investors and industry veterans.

100-Year Succession & Legacy Planning

You will outline a forward-thinking succession plan, define a structure for solid governance and establish family trusts and foundations. You will work on conflict resolution and ownership structures to ensure that your family business lasts beyond you. .

Study As a Family

Dive into key courses alongside your siblings, parents, and key stakeholders, tackling real-world business challenges in dynamic, facilitator-led workshops. It’s learning, collaboration, and strategy all in one.

Business of Bollywood

PEOPLE AT MASTERS’ UNION

Meet the Leadership Team

Manoj Kohli

Chairman


Former CEO & MD,
Bharti Airtel

Pankaj Bansal

Board Member


Co-Founder & Group CEO,
PeopleStrong

P Dwarkanath

Board Member


Director,
GSK Consumer Healthcare Ltd.

Srirang TK

Board Member


MD & CEO,
ICICI Securities

Pratham Mittal

Founder


BA/BS, University of Pennsylvania
CoFounder, Outgrow

Mahak Garg

Director, PGP TBM


MBA, Stanford GSB
Ex-Founder, Udayy | Forbes 30U30

Dr. Nandini Seth

Ph.D, IIM Bangalore


Quantitative Techniques

 Atul Lall
Atul Lall Managing Director,
Dixon Technologies
Importance of Leadership in Family Businesses

Dr. Garima Chaklader

Ph.D, IIM Bangalore


Managerial Economics, Econometrics

Dr. Akshay Narayanan

Ph.D, IIM Calcutta


Finance

 Kavin Bharti Mittal
Kavin Bharti Mittal Founder & CEO,
Hike
Entrepreneurship & Finance
 Naveen Munjal
Atul Dhawan Former Partner,
Deloitte
The Art of Crafting Strategies

Dr. Vipin Sreekumar

Ph.D, IIM Calcutta


Strategic Management & Entrepreneurship

 Naveen Munjal
Naveen Munjal Managing Director,
Hero Electric
How to start a new business division?
 Manoj Kohli
Manoj Kohli Former Country Head,
Softbank India
Mapping the future of energy sector
 Vivek Vikram Singh
Vivek Vikram Singh MD & Group CEO,
Sona Comstar
How to build Leadership capabilities?
Mr. Rubal Jain
Rubal Jain Managing Director,
Safexpress
Growth of Logistics Sector
 Shashank Mehta
Shashank Mehta Founder & CEO,
Whole Truth Food
Tackling ESG & Finance
Dr. Krishnan N
Dr. Krishnan N Founder & CEO,
Sadashiva Consulting Services
Building Family Constitution
 Sandeep Nerlekar
Sandeep Nerlekar Founder & MD,
Terentia Consultants
Real Estate & Family Business Succession Planning

Dr. Kashika Sud

Ph.D, IIM Ahmedabad


Organisational Behavior & HRM

Dr. Manu Prasad

Ph.D, IIM Tiruchirappalli


Organisational Behaviour & HRM

Dr. Aarti Sharma

Ph.D, Shiv Nadar University


Accounting & Finance

Dr. Rinku Mahindru

Ph.D, Delhi School of Economics


DU Finance & HRM

Dr. Nimisha Bora

Ph.D, XIMB


Accounting & Finance

Dr. Anushree Poddar

Ph.D, TERI & Post-Doctoral, MICA


Marketing, Strategic Mgmt., ESG

Ms. Shivanee Pethe

Ph.D, IIM Calcutta


Operations

Dr. Meha Kohli Mishra

Ph.D, Virginia Commonwealth Univ.


Finance

Dr. Anjali Sharma

Ph.D, IIM Indore


Marketing

Dr. Pavitra Mishra

FPM, MDI Gurgaon


Organisational Behaviour

Dr. Subhasis Mishra

Ph.D, IIM Calcutta


Data Analytics

STUDENT JOURNEY

Life at Masters' Union

Get to know our alumni better and understand how PGP help

Experience the Campus

Experience the Campus

See what campus life at Masters' Union can offer you.

Learn More
Engage in CXO Sessions

Engage in CXO Sessions

Join exclusive sessions led by top CXOs, gaining insights directly from industry leaders.

Learn More
Engage With Clubs

Engage With Clubs

Join diverse clubs to connect, collaborate, and grow beyond the classroom.

Learn More

Go Global with Masters’ Union’s Unique International Immersions

Interact with global C-suite leaders during industrial visits and workshops in cities across the world, and participate in classes at prestigious B-schools.

Immerse at World’s Top Ranked B-Schools

Study abroad at prestigious global B-schools such as INSEAD, Bocconi, NUS, Babson, and gain unmatched international insights.

Exhibit at the World's Largest Trade Event- China's Canton Fair

Visit the epicentre of global trade, meet 10 lakh+ customers and suppliers from more than 150 countries, and strike deals to increase your profitability.

Spend a Term Abroad in Dubai

Spend a term abroad in Dubai, immersing yourself in one of the world's most dynamic business hubs, and expanding your global network.

Global INSIGHTS

Explore Business
without Borders

Our international immersions take you across borders and deep into the global business scene. Get hands-on experience in three exciting immersions that offer a front-row seat to thriving markets and cutting-edge companies.

MU PGP Rise Recruiters

HANDS-ON & INDUSTRY-DRIVEN

Immerse at World’s Top
Ranked B-Schools

  • Courses taught in collaboration with top brands like KPMG, Schbang , Cars24, etc.

  • Work on live projects, shadow CEOs, and even manage an investment fund.

Explore Global Leadership at INSEAD

Immerse at INSEAD, Europe’s top business school, learn from 10+ renowned faculty, connect with 20+ industry experts, and forge connections to unlock European growth opportunities for your family enterprise.

Innovate with Bocconi’s Legacy

Immerse yourself at SDA Bocconi’s cutting-edge research center, decode 20+ global trends, and craft a 10x growth strategy to elevate your family enterprise in the heart of Milan, Italy’s business capital.

Lead in Asia with NUS Business School

At NUS, engage with 20+ visionary thought leaders, implement structured systems & processes and chart a path to IPO readiness, equipping your family business to capitalize on Asia’s rapidly evolving market opportunities.

Start Your Entrepreneurial Journey at Babson

At Babson, enhance your entrepreneurial acumen, engage with 40+ industry leaders, and acquire proven frameworks to launch new verticals or scale existing ones, driving the next phase of growth in your family enterprise.

Step into the World of
Global Business

  • Courses taught in collaboration with top brands like KPMG, Schbang , Cars24, etc.

  • Work on live projects, shadow CEOs, and even manage an investment fund.

Exhibit at the World's Largest Trade Event- China's Canton Fair

Visit the epicentre of global trade, meet 10 lakh+ customers and suppliers from more than 150 countries, and strike deals to increase your profitability.

Explore Global Giants in the GCC Region

Discover how Fortune 500 companies and start-ups are reshaping the GCC region. Visit giants like Emirates and Aramco, and engage with executives driving innovation.

HANDS-ON & INDUSTRY-DRIVEN

Step into the World of Global Business

Witness the Family Business Lab

50% of the entire PGP in Family Business Management is about fixing your own family business. Each term, you will work on one capstone project with your own family business team, aided by professional facilitators. You will identify challenges and goals, creating actionable plans tailored to your family enterprise.

Exhibit at the World's Largest Trade Event- China's Canton Fair

Visit the epicentre of global trade, meet 10 lakh+ customers and suppliers from more than 150 countries, and strike deals to increase your profitability.

Explore Global Giants in the GCC Region

Discover how Fortune 500 companies and start-ups are reshaping the GCC region. Visit giants like Emirates and Aramco, and engage with executives driving innovation.

Exhibit at the World's Largest Trade Event- China's Canton Fair

Visit the epicentre of global trade, meet 10 lakh+ customers and suppliers from more than 150 countries, and strike deals to increase your profitability.

Business of Bollywood

COURSE OVERVIEW

Professionalise Your
Family Business

Spend 50% of the entire curriculum fixing problems
in your own family business.

COURSE OVERVIEW

Master Concepts Inside and Outside the Classroom

In Class

Management & Strategy

How to write a business plan

How to run effective meetings & motivate teams

How to run your business on autopilot

Coaching

Financial & Legal Health Coach


Marketing & Branding

How to build a marketing funnel to get more customers

How to build a brand like Nike

Sales & Profits

How to audit & improve your current sales incentive structure

How to refine your business pitch & sales assets

Finance & Accounting

How to understand financial statements, and streamline your accounting processes

How to bank like a pro & raise smart loans

How to restructure your financial statements and books in an IPO ready format


Leadership & Self Development

How to give a speech that inspire

Product & Tech

How to build an awesome website that converts

Hands-on Outcomes

Rural India Trek

Explore high-growth Indian cities and villages, with leaders from top companies to learn how to tap into the next phase of India’s growth.

View more

Hero Group Deep Dive

Step into the world of Hero Group, India’s automotive powerhouse, and discover how its legendary history and innovative strategies continue to shape the industry.

View more

Financial Mastery For Family Business

Craft a strategy to reduce working capital, fuel growth, and restructure finances for IPO-readiness, positioning your business as a powerhouse for future success.

View more
In Class

Management & Strategy

How to define and monitor KPIs & KRAs to streamline processes and reduce people dependency

Coaching

Personal branding and PR coach

Marketing & Branding

How to modernise your GTM strategy

How to optimise your branding for highest ROI in an exhibition

Sales & Profits

How to implement a CRM & an outbound sales strategy

How to find new customers with the least effort

Finance & Accounting

How to build an annual operating plan & MIS dashboards

Leadership & Self Development

How to build a personal brand

How to delegate & manage accountability

Product & Tech

How to diversify using tech & AI


Operations

How to consider government compliances while operating a business

Hands-on Outcomes

Canton Fair Immersion

Visit the epicentre of global trade, meet 10+ lakh customers and suppliers from more than 150 industries, and strike deals to increase your profitability.

View more

Emami Group Deep Dive

Explore the magic behind what enables the Emami Group to attain unmatched market dominance, and why the FMCG giant is renowned for its family-driven ethos.

View more

Digital Transformation Sprint

Leverage advanced tech to automate operations, reduce people-dependence, set team KPIs, implement CRMs, and drive growth with AI and data analytics strategies.

View more
In Class

Management & Strategy

How to negotiate better deals

How to have tough conversations & resolve conflicts

Coaching

Voice modulation and speech coach


Marketing & Branding

How to implement content & influencer marketing

How to go from ‘Shop’ to ‘Showroom’

Sales & Profits

How to start selling internationally

How to diversify your business through acquisition or intrapreneurship

Finance & Accounting

How to evaluate new businesses using financial models

How to raise equity funding from VCs?

Leadership & Self Development

How to become a vision & mission driver leader


Product & Tech

How to build or rebuild your ERP

Operations

How to build an establishment with all compliances

Hands-on Outcomes

Aahar International Food
& Hospitality Fair Immersion

Embark on a delicious adventure at India’s hottest food and hospitality expo! Unveil cutting-edge trends, indulge in revolutionary products, and savour the future of culinary excellence!

View more

Haldiram Group Deep Dive

Immerse yourself in the time-honoured legacy of the renowned business, and learn how to build strategic partnerships for expansion into various markets.

View more

Strategic Acquisition & Expansion

Find ideal acquisition targets for your family business. Master due diligence, negotiate terms, and plan integration. Top students present to an expert M&A panel for review.

View more
In Class

Management & Strategy

How to professionalise and move from family business to business family

How to future proof your family business with family constitution & succession planning

Coaching

Family councillor

Marketing & Branding

How to operate a franchise

Sales & Profits

How to sell without actually selling

Finance & Accounting

How to navigate tax planning

How (and when) to sell your business

How to structure a family office for long term wealth preservation

Leadership & Self Development

How to win & influence people

Product & Tech

How to use data to make business decisions


Operations

How to build a quality control system

Hands-on Outcomes

INSEAD Paris Immersion

Study abroad at the prestigious global B-school INSEAD. Master bold leadership moves and innovative thinking.

View more

Kalyan Jewellers Deep Dive

Leverage insider insights from giants like Kalyan Jewellers and unveil the secrets to their international success in the family business world.

View more

100-Year Succession And
Legacy Planning

Develop a visionary succession plan, establish strong governance, and create family trusts. Address conflicts and ownership to ensure your family business thrives for generations.

View more
icon

TAUGHT BY PRACTITIONERS

Get Mentored by Family Business Owners Who Have Successfully Scaled Their Empires

Gain real-world wisdom from expert practitioners– successful family business owners, board advisors, authors, academicians & seasoned consultants with extensive experience.

Dr. Nandini Seth

Ph.D, IIM Bangalore


Quantitative Techniques

Dr. Garima Chaklader

Ph.D, IIM Bangalore


Managerial Economics, Econometrics

Dr. Akshay Narayanan

Ph.D, IIM Calcutta


Finance

Dr. Vipin Sreekumar

Ph.D, IIM Calcutta


Strategic Management & Entrepreneurship

Dr. Kashika Sud

Ph.D, IIM Ahmedabad


Organisational Behavior & HRM

Dr. Manu Prasad

Ph.D, IIM Tiruchirappalli


Organisational Behaviour & HRM

Dr. Aarti Sharma

Ph.D, Shiv Nadar University


Accounting & Finance

Dr. Rinku Mahindru

Ph.D, Delhi School of Economics


DU Finance & HRM

Dr. Nimisha Bora

Ph.D, XIMB


Accounting & Finance

Dr. Anushree Poddar

Ph.D, TERI & Post-Doctoral, MICA


Marketing, Strategic Mgmt., ESG

Ms. Shivanee Pethe

Ph.D, IIM Calcutta


Operations

Dr. Meha Kohli Mishra

Ph.D, Virginia Commonwealth Univ.


Finance

Dr. Anjali Sharma

Ph.D, IIM Indore


Marketing

Dr. Pavitra Mishra

FPM, MDI Gurgaon


Organisational Behaviour

Dr. Subhasis Mishra

Ph.D, IIM Calcutta


Data Analytics

 Atul Lall
Atul Lall Managing Director,
Dixon Technologies
Importance of Leadership in Family Businesses
 Kavin Bharti Mittal
Kavin Bharti Mittal Founder & CEO,
Hike
Entrepreneurship & Finance
 Naveen Munjal
Atul Dhawan Former Partner,
Deloitte
The Art of Crafting Strategies
 Naveen Munjal
Naveen Munjal Managing Director,
Hero Electric
How to start a new business division?
 Manoj Kohli
Manoj Kohli Former Country Head,
Softbank India
Mapping the future of energy sector
 Vivek Vikram Singh
Vivek Vikram Singh MD & Group CEO,
Sona Comstar
How to build Leadership capabilities?
Mr. Rubal Jain
Rubal Jain Managing Director,
Safexpress
Growth of Logistics Sector
 Shashank Mehta
Shashank Mehta Founder & CEO,
Whole Truth Food
Tackling ESG & Finance
Dr. Krishnan N
Dr. Krishnan N Founder & CEO,
Sadashiva Consulting Services
Building Family Constitution
 Sandeep Nerlekar
Sandeep Nerlekar Founder & MD,
Terentia Consultants
Real Estate & Family Business Succession Planning

ENROLLMENT CHECKLIST

Admission Criteria

A transformative experience that connects you with some of the most influential minds in the family business world.

01.

Professional Experience in Family Business

01.

Professional Experience in Family Business

- Applicants should have 0 to 7 years of substantive involvement in family owned enterprise.

02.

Revenue or Employee Count

02.

Revenue or Employee Count

- 20 cr. or 50 full-time employees for non-trading businesses.

- 50 cr. or 50 full-time employees for trading businesses.

03.

Bachelor's Degree or an equivalent qualification

03.

Bachelor's Degree or an equivalent qualification

- Highlight your academic background and significant achievements.

Applicants from family businesses that do not meet the above parameters but demonstrate high-growth potential may be considered on a case-by-case basis.

Student’s Club

Discover your passion Forge Lifelong Connections. Know more on how our clubs work and how you can participate.

Explore if this is the perfect fit and discover your Changes

JOIN THE PG PROGRAMME

Application
Timeline and Process

Rounds Application Deadline Personal Interview *
(Dates may vary)
Application Fee Admission Fee Deadline Status Batch Commencement
Round 1 23rd February 2025 3rd March to 20th March ₹3,500/- Payable as per 'date of payment', specified in offer letter Open
June 2025
Round 2 6th April 2025 15th April to 20th April ₹4,000/- Payable as per 'date of payment', specified in offer letter Yet to open
June 2025

01.

Complete the Application Form

01.

Complete The Application Form

Requirements

Fill out your details

You will need:

  • Your qualification documents - Upload all documents related to your work experience, academics and extra-curriculars to support your application.

Video Based Response (VBR)

All applicants will be required to submit a short video to explain your family business in 90 seconds (maximum).

  • Preparation Time: 1 minute

  • Video Duration: 90 seconds (maximum)

02.

Masters’ Union
AI Assessment and Interaction

02.

Masters’ Union AI Assessment and Interaction

About the Interview

This is only required for applicants who do not submit their GRE/GMAT/CAT scores.

The video-based AI Assessment and Interaction represents our commitment to staying at the forefront of technology, offering a cutting-edge and unbiased admissions experience. It will be available for 7 days starting the day after the application round deadline.

This interaction will focus purely on assessing your critical thinking skills, and what you can bring to Masters' Union. It requires no preparation - just show up as your true self.

02.

Personal Interview

02.

Personal Interview

First Shortlist and Interview Scheduling

Following a comprehensive evaluation, shortlisted applicants will receive an invitation to proceed to the interview stage.

If selected, applicants will be informed of the interview date, venue, and time 3-5 days prior to the interview.

*Note: Online interviews are available only in the following cases-

  • Medical emergencies

  • If you are abroad

  • If travel to any of the listed locations (in the application form) is impossible.

If you choose the option of an online interview, the admissions team will contact you to assess your situation individually.

03.

Final Admission Decision

03.

Final Admission Decision

Status of evaluation

Based on the final decision of the admissions committee, applicants will be slotted into the following categories-

  • Applicants who have been offered admission to Masters’ Union will receive their decision along with the financial structure for the upcoming programme.

  • For applicants who are waitlisted, the admissions committee will reconvene and promote candidates from the waitlisted to the accepted pool, on a regular basis. Please note that we do not maintain a ranked waitlist. Your admission is dependent on the spots that might open up later.

  • If you’ve received a rejection email, you cannot apply in any subsequent round in the same academic year. You are welcome to re-apply to the programme in the next academic year.

Fee Structure

Rounds

Admission Fee (partially refundable as
per policy, refer to the offer letter)

Tuition Fee

Total Payable

Round 1

₹90,000/-

₹28,48,160/-

₹29,38,160/-

Round 2

₹90,000/-

₹28,48,160/-

₹29,38,160/-

  • The fee mentioned above is inclusive of all taxes.

  • Participants are required to bear the cost of the global immersion.

Hostel Fee

Accommodation Type (Duration: 12 months)

Amount
(Inclusive of all taxes)

Premium Single

₹4,50,000/-

Budget Single

₹6,15,750/-

Double Occupancy Rooms (Premium Single converted to double sharing)

₹3,89,480/-

Hostel Security (Refundable)

₹65,000/-

Hostel is non-mandatory & not included in tuition fees.

Scholarship Opportunities

Investing in the Future of Our Students

100%

Maximum merit-based scholarship received by a student.

90+

Scholarships available for the postgraduate batch.

100%

Loan coverage for the programme and hostel fees.

Manoj Kohli Merit-based Scholarship

The Manoj Kohli Merit-based Scholarship extends financial support to candidates with exceptional academic records and professional accomplishments. These scholarships are offered as partial waivers of the tuition fee, as decided by the admissions committee.

Rajni Thethi Scholarship for Women

The Rajni Thethi Scholarship for Women extends support to deserving female candidates with impressive academic and/or professional track record, along with the drive and potential to emerge as an industry leader.

Chairman’s Diversity Scholarship

The Chairman’s Diversity Scholarship aims at the inclusion of exceptional candidates from marginalised and underserved communities from the Indian subcontinent, such as the Northeast, Ladakh, Bhutan, and the tribal belts of the Indian hinterland.

MU Scholarship for Technology Leaders

The MU Scholarship for Technology Leaders is for candidates who have demonstrated technology-oriented leadership either as students or in their jobs, through innovations, patents or research, and are looking to further their career prospects in the technology domain.

P. Dwarakanath India-bound Scholarship

The P. Dwarakanath India-bound Scholarship is directed at Indian-origin candidates (i.e. PIO card-holders) who wish to engage with the Indian corporate sector, as well as Indian professionals currently based abroad, who wish to return to India to pursue world-class education and catapult their careers to newer heights.

Pankaj Bansal Scholarship for Young Leaders

The Pankaj Bansal Scholarship for Young Leaders aims to identify young professionals who have displayed exceptional drive and leadership potential through their professional projects, community service and active participation in student-led committees, clubs, and other initiatives while in college.

Founder’s Bursary for Entrepreneurs

The Founders’ Bursary for Entrepreneurs funds candidates who have had entrepreneurial experience, with varying levels of success, and wish to gain more skills and academic perspectives to carry on with their line of work.

Manoj Kohli Merit-Based Scholarship

The Manoj Kohli Merit-based Scholarship extends financial support to candidates with exceptional academic records and professional accomplishments. These scholarships are offered as partial waivers of the tuition fee, as decided by the admissions committee.

Rajni Thethi Scholarship for Women

The Rajni Thethi Scholarship for Women extends support to deserving female candidates with impressive academic and/or professional track record, along with the drive and potential to emerge as an industry leader.

Chairman’s Diversity Scholarship

The Chairman’s Diversity Scholarship aims at the inclusion of exceptional candidates from marginalised and underserved communities from the Indian subcontinent, such as the Northeast, Ladakh, Bhutan, and the tribal belts of the Indian hinterland.

MU Scholarship For Technology Leaders

The MU Scholarship for Technology Leaders is for candidates who have demonstrated technology-oriented leadership either as students or in their jobs, through innovations, patents or research, and are looking to further their career prospects in the technology domain.

P. Dwarakanath India-bound Scholarship

The P. Dwarakanath India-bound Scholarship is directed at Indian-origin candidates (i.e. PIO card-holders) who wish to engage with the Indian corporate sector, as well as Indian professionals currently based abroad, who wish to return to India in pursuit of a world-class education, that may help catapult their careers to newer heights.

Pankaj Bansal Scholarship For Young Leaders

The Pankaj Bansal Scholarship for Young Leaders aims to identify young professionals who have displayed exceptional drive and leadership potential through their professional projects, community service and active participation in student-led committees, clubs, and other initiatives while in college.

Founders’ Bursary For Entrepreneurs

The Founders’ Bursary for Entrepreneurs funds candidates who have had entrepreneurial experience, with varying levels of success, and wish to gain more skills and academic perspectives to carry on with their line of work.

Financing

The following financial institutions can provide loans for up to 100% of the programme fees to admitted students.

Supervisor Details

Name:

Mr. Atesh Sharma

Email id:

ateshs@hdfccredila.com

Mobile No:

8588813295 / 6396544847

Amount

100% Cost of Education

Interest Rate

9.25% onwards

Tenure

Up to 14 Years

Cost Covered

Tuition fees + Living expenses (No Margin Money)

Quick Services

Quick and Hassle-free Services

Processing Fee

INR 5900/-

Online Application

Online Application Accepted

Income Tax Benefits

Available under Section 80E of Income Tax Act 1961

Security

No Security Required

Supervisor Details

Name:

Mr. Shreekant Acharya

Email id:

shreekant.acharya1@idfcfirstbank.com

Mobile No:

9987463999

Amount

35 Lakhs Unsecured (Based on the student & co-applicant's Profile)

Interest Rate

9%

Tenure

12 years, Including the Study Duration

Cost Covered

Tuition Fees, Living Expenses & Laptop Reimbursement

Moratorium

EMI/ SI/ Partial SI

Processing Fee

INR 5000+Taxes

Online Application

Online Application Accepted

Supervisor Details

Name:

Mr. Deepak Gidwani

Email id:

deepak.gidwani@yesbank.in

Mobile No:

7017026425

Unsecured Loan

Amount

90% Cost of Education

Interest Rate

12-13%

Tenure

12 Years, Including the Study Duration

Cost Covered

Tuition Fees & Living Fees

Moratorium

Immediate EMI

Processing Fee

1% + GST

Secured Loan

Amount

100% Cost of Education

Interest Rate

11.5%-12%

Tenure

10- 15 Years

Moratorium

Simple Interest During Study Duration

Processing Fee

1% + GST

Supervisor Details

Name:

Mr. Rahul Kumar

Email id:

rahul.kumar1@avanse.com

Mobile No:

9891351223

Unsecured Loan

Amount

30 Lakhs

Interest Rate

Up to 13%

Tenure

Up to 10 Years

Moratorium

2 Years

Processing Fee

Up to 1.5% + GST

SI will be charged to applicants during the Moratorium Period.

Supervisor Details

Name:

Anuj Kumar

Email id:

anuj14.kumar@tatacapital.com

Mobile No:

+919718193604

Unsecured Loan

Amount

100% Cost of Education

Interest Rate

10%

Tenure

Max up to 13 years

Cost Covered

Tuition, Living & Miscellaneous Expenses

Quick Services

Quick and Hassle-free Services

Processing Fee

5000+GST

Security

Unsecured - Based on Customer profile

A QUICK GUIDE

Our Admissions Blog

QUERIES

Frequently Asked
Questions

How does the programme’s format support family business successors in driving change within their business?

50% of the entire course is focused on fixing problems and challenges within your business. You will work privately with your own family business team, aided by professional facilitators, to identify challenges and goals, creating actionable plans tailored to your family enterprise.

How does the curriculum address the unique challenges faced by family business owners?

Each term, through the Family Business Lab Capstone Projects, you will tackle one critical area of your business - starting from finance, digital transformation, to acquisition, and 100-year succession plan. The programme also acknowledges the significance.

How do international and domestic immersions enhance the learning experience of participants?

Other than significantly expanding your network across Europe, China and rural India, these immersions will help you gain alternate perspectives on running and expanding your family business by observing global stalwarts.

What will be the batch size of the class?

We intend for this programme to be a small close knit community of 40-60 young family leaders.

Are the travel costs for all immersions covered in the cost of the programme?

The program fees include travel expenses for the rural trek. However, costs for other immersions, such as the INSEAD program and the Canton Fair in China, are optional and will need to be borne by the students.

What role does mentorship play in the overall learning experience of the programme?

Learners can expect 1:1 mentorship from experienced family business owners, consultants, and CXOs, who provide firsthand insights drawn from their experiences in balancing family dynamics with business innovation. Additionally, many of our mentors hold CXO positions in multinational corporations, equipping learners with global best practices and strategies that can be directly applied to elevate their family enterprises. This blend of personal and global expertise ensures a comprehensive understanding of both family and business leadership.

Is there a minimum requirement of work experience required to apply?

While we generally recommend applicants have at least 3 years of full-time work experience in their family business, we also consider exceptional candidates with less experience. If you have a strong track record and can demonstrate your ability to benefit from and contribute to the programme, we may be able to accommodate you. In case any applicant has lesser work experience, feel free to reach out to the admissions team who will evaluate their profile and advise accordingly.

Is there an age limit to entry?

There is no age limit for entry. However, the programme is more suitable for candidates with experience of 3 years or more. If they have less work experience, we encourage them to get in touch with the admissions team who will evaluate their profile and advise them accordingly.

Who are we looking for?

We're searching for individuals who possess the leadership potential to take their family business to new heights. If you're a motivated self-starter who can identify and capitalise on opportunities, we encourage you to apply.

Do we need to write a GMAT, GRE, or CAT to enrol in this programme?

No, this programme doesn’t require any test scores.

Are all candidates interviewed?

Post the application process, the shortlisted candidates are invited to an online interview with our admissions panel.

Can applicants get their profile evaluated?

Applicants are welcome to schedule a 1:1 session with our counsellors to discuss fitment with the programme based on their profile.

What is included in the cost of the programme?

The programme does not cover airfare or visa costs. It will however cover boarding, lodging and local travel during immersions. For outstation students, hotel accommodation during on-campus immersions will not be covered.

Are the fees refunded in case applicants decide to drop out of the programme?

Fees once submitted are not eligible for refunds. Masters’ Union reserves the right to amend this Refund Policy at any time without prior notice.

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