ISB MFAB Admissions team interviews with GyanOneISB MFAB (Management Program for Family Business) Admissions team interviews with GyanOne, providing insights into the program features, application process and admission criterion.
GyanOne: How is the MFAB different in structure and curriculum from the PGP and PGPMAX offered by ISB? What are the unique features of the MFAB?
ISB MFAB Admissions Team:Much like PGPMAX, MFAB is a modular program. Students spend one week on campus attending classes for every six weeks. In all, there are twelve terms including the one term that happens at Kellogg. PGP is a full-time residential program.
These three are post graduate level management programs; the focus of MFAB is imparting skills necessary to take the family business to the next level. Therefore, in addition to covering core management principles, students get exposure to courses that address specific family business related challenges. Another important and unique feature of MFAB is international exposure that students get. They get to spend one week at Kellogg which has a family business center that has been doing quite a lot of work on issues related to family business.
GyanOne: While family business owners want to have a holistic view of business and general business understanding, they also invariably wish to focus on different functional aspects (like finance, marketing, or operations) as well as different industries (like manufacturing, real estate, or healthcare). What does the MFAB offer in terms of these?
ISB MFAB Admissions Team: As part of the core curriculum, students get exposed to all functional aspects of the business viz., finance, marketing, operations etc., In addition, the cases discussed as part the of the classes are selected from various industries. In addition, MFAB class is very diverse. This diversity will also enrich class discussion and students benefit from the functional and industry experience of the classmates.
GyanOne: Is the MFAB offered at both campuses (Hyderabad and Mohali)? Is the program exactly the same in both these locations or are there location-specific specializations?
ISB MFAB Admissions Team: There is only one cohort/class per intake. Classes are predominantly held in Mohali with few terms held in Hyderabad, and one term at Kellogg.
GyanOne: Networking is often seen as an important aspect of MBA programs worldwide. While it is understood that MFAB students would network with their peers within the program, what avenues are available to offer them a platform to network with PGP and PGPMAX students, given that these networks are much bigger?
ISB MFAB Admissions Team: MFAB students get plenty of opportunities to network. The networking starts when they enter the program and continues even after their graduation. PGP, PGPMAX and MFAB students become members of ISB Alumni Network which has chapters in various cities. They get to participate in alumni events and continue to network. Thus the networking is not limited to within the MFAB network but across all post graduate programmes offered by ISB.
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