Description
Course Name: Diploma in Family Business Management
Course Id: DFBM/Q1001.
Eligibility: 10+2 (Higher Secondary) or equivalent.
Objective: The Diploma in Family Business Management develops practical and managerial skills required to coordinate business operations, family participation and ownership responsibilities in a family-owned enterprise. The course covers family business structures, governance, role allocation, professional management, financial oversight, conflict resolution, succession planning and business continuity. It prepares learners to establish clear working arrangements, support cooperation between generations, strengthen operational discipline and plan for the long-term development of the enterprise.
Duration: Six Months.
How to Enroll and Get Certified in Your Chosen Course:
Step 1: Choose the course you wish to get certified in.
Step 2: Click on the “Enroll Now” button.
Step 3: Proceed with the enrollment process.
Step 4: Enter your billing details and continue to course fee payment.
Step 5: You will be redirected to the payment gateway. Pay the course and examination fee using one of the following methods:
Debit/Credit Card, Wallet, Paytm, Net Banking, UPI, or Google Pay.
Step 6: After successful payment, you will receive your study material login ID and password via email within 48 hours of fee payment.
Step 7: Once you complete the course, take the online examination.
Step 8: Upon passing the examination, you will receive:
- A soft copy (scanned) of your certificate via email within 7 days of the examination.
- A hard copy (original with official seal and signature) sent to your address within 45 days of the declaration of the result.
Step 9: After certification, you will be offered job assistance aligned with your area of interest.
Online Examination Detail:
Duration- 120 minutes.
No. of Questions- 60. (Multiple Choice Questions).
10 Questions from each module, each carry 10 marks.
Maximum Marks- 600, Passing Marks- 40%.
There is no negative marking in this module.
| How Students will be Graded: | ||
| S.No. | Marks | Grade |
| 1 | 91-100 | O (Outstanding) |
| 2 | 81-90 | A+ (Excellent) |
| 3 | 71-80 | A (Very Good) |
| 4 | 61-70 | B (Good) |
| 5 | 51-60 | C (Average) |
| 6 | 41-50 | P (Pass) |
| 7 | 0-40 | F (Fail) |
Key Benefits of Certification- Earning a professional certification not only validates your skills but also enhances your employability. Here are the major benefits you gain:
Practical, Job-Ready Skills – Our certifications are designed to equip you with real-world, hands-on skills that match current industry demands — helping you become employment-ready from day one.
Lifetime Validity – Your certification is valid for a lifetime — no renewals or expirations. It serves as a permanent proof of your skills and training.
Lifetime Certificate Verification – Employers and institutions can verify your certification anytime through a secure and reliable verification system — adding credibility to your qualifications.
Industry-Aligned Certification –All certifications are developed in consultation with industry experts to ensure that what you learn is current, relevant, and aligned with market needs.
Preferred by Employers – Candidates from ISO-certified institutes are often prioritized by recruiters due to their exposure to standardized, high-quality training.
Free Job Assistance Based on Your Career Interests – Receive personalized job assistance and career guidance in your preferred domain, helping you land the right role faster.
Syllabus
Module 1: Family Business Foundations and Ownership Dynamics: Characteristics of Family-Owned Enterprises, Strengths and Challenges of Family Businesses, Family–Ownership–Business Three-Circle Model, Founder and Family Values, Generational Development Stages, Active and Non-Active Family Owners, Shared Vision and Business Purpose, Stewardship and Responsibility, Family Legacy and Business Identity, Assessing Family and Business Expectations.
Module 2: Family Governance and Decision-Making: Purpose of Family Governance, Family Meetings and Councils, Family Constitution Awareness, Board and Advisory Roles, Ownership and Management Boundaries, Decision Authority and Approval Processes, Family Employment Policies, Communication with Family Shareholders, Managing Conflicts of Interest, Recording Governance Decisions.
Module 3: Professional Management and Daily Operations: Defining Family and Non-Family Employee Roles, Organizational Structure and Reporting Relationships, Delegation and Accountability, Standard Operating Procedures, Recruitment Based on Role Requirements, Performance Evaluation, Compensation Principles and Fairness, Supplier and Customer Coordination, Operational Performance Monitoring, Integrating External Managers.
Module 4: Financial Oversight and Resource Planning: Separating Family and Business Finances, Business Budget Coordination, Cash Flow and Working Capital Awareness, Reviewing Financial Reports, Internal Controls and Approval Limits, Owner Remuneration and Profit Distribution Policies, Funding Business Development, Related-Party Transaction Awareness, Coordinating Accounting and Compliance Support, Financial Transparency Among Owners.
Module 5: Family Relationships and Conflict Resolution: Sources of Family Business Disagreements, Managing Overlapping Personal and Professional Roles, Intergenerational Communication, Balancing Individual and Collective Interests, Addressing Perceived Favouritism, Constructive Feedback and Difficult Conversations, Negotiating Family Business Expectations, Facilitated Discussions and Mediation Awareness, Escalation to Independent Advisers, Following Up on Resolution Agreements.
Module 6: Succession, Continuity and Long-Term Development: Distinguishing Ownership and Management Succession, Identifying Future Leadership Requirements, Assessessing Successor Readiness, Next-Generation Development Plans, Mentoring and Knowledge Transfer, Phased Leadership Handover, Emergency Leadership Arrangements, Coordinating Ownership Transition with Qualified Advisers, Evaluating Growth and Diversification, Preparing a Family Business Continuity Roadmap.
Job Opportunities after Diploma in Family Business Management
Learners can explore responsibilities within family-owned enterprises and roles supporting business administration, governance coordination and operations. Ownership and leadership positions depend on family arrangements, experience and demonstrated capability.
Top Roles: Family Business Operations Executive, Business Administration Executive, Family Office Administrative Assistant, Management Trainee, Governance Coordinator, Business Development Executive, Owner’s Office Coordinator, Operations Supervisor, Enterprise Support Executive and Next-Generation Business Associate.
Key Skills: Family governance coordination, role allocation, professional communication, operational planning, financial oversight awareness, conflict resolution, stakeholder engagement, succession coordination, knowledge transfer, documentation and business continuity planning.
Salary Range (India):
For salaried roles, indicative ranges vary by industry, location, enterprise size, responsibilities and experience. Owner income and profit distributions depend on business performance and ownership arrangements.
- Entry-level: ₹2.5–6 LPA.
- Mid-level: ₹6–12 LPA.
- Senior-level: ₹12–25+ LPA.
Scope: Learners can explore opportunities in family-owned retail businesses, trading firms, manufacturing units, hospitality enterprises, service companies, distribution businesses and diversified family enterprises.
With relevant experience and additional professional skills, learners can progress toward enterprise administration, operations management, governance support and leadership transition responsibilities.
