MBA Entrepreneurship and Family Business Management
Programme Overview
Our MBA Entrepreneurship and Family Business Management is your gateway to dream, build, and lead. At MIT-WPU, Pune, we believe entrepreneurs are not just business creators—they are changemakers who shape the future. In a world where opportunities emerge at lightning speed, this programme empowers you to turn bold ideas into thriving ventures and transform family businesses into global giants.
This specialized two-year programme is designed to create entrepreneurial leaders and professionals who are prepared to take on the unique challenges and opportunities of family-run businesses. In India's rapidly evolving economic landscape, with a thriving startup ecosystem and a large number of family businesses contributing significantly to the GDP, there is a clear demand for professionals who can navigate both traditional business practices and modern innovation.
Through a blend of academic excellence, immersive incubator experiences, and guidance from industry pioneers, we build the confidence and capability to lead with vision, courage, and purpose to empower startups and enrich legacies. This is more than a degree. It is an invitation to reimagine possibilities, embrace challenges, and step into leadership with a global outlook.
Duration & Fees
Scholarship
| Scholarship for AY 2026-27 | MHT-CET 26 / CAT 25/ MAT - Sept 2025 to June 2026 / XAT 26 | NMAT / GMAT |
|---|---|---|
|
Dr. Vishwanath Karad Scholarship |
MHTCET - 26 / CAT - 25/ XAT - 26 90 & above MAT - Sept 2025 to June 2026 95 & above |
NMAT - 280 & above, GMAT - 650 & above |
|
MIT-WPU Scholarship I |
MATCET - 26 / CAT - 25/ XAT - 26 85 & above MAT - Sept 2025 to June 2026 92 & above |
NMAT - 250 & above, GMAT - 550 & above |
|
MIT-WPU Scholarship II |
MATCET - 26 / CAT - 25/ XAT - 26 80 & above MAT - Sept 2025 to June 2026 90 & above |
NMAT - 230 & above, GMAT - 500 & above |
Note: Scholarships will be awarded based on the MHT-CET 26/ CAT 25/ MAT - Sept 2025 to June 2026/XAT 26 /NMAT/GMAT Score/ Percentile.
Terms & Conditions Apply:
- All Scholarships are awarded on a First Come First Serve basis. All Scholarships are awarded as fee adjustments.
- To continue the scholarship for the entire duration of the programme, a minimum level of the academic score has to be maintained at an 8 CGPA across all semesters, attendance is to be maintained at a minimum of 80 percent, with no live backlogs in any subject/programme and no semester break, and there should be no disciplinary action against the student.
For more detailed information visit our website: https://mitwpu.edu.in/scholarships
Eligibility
Minimum 60% aggregate marks in 3/4-year graduation degree in any stream from a UGC-approved institution/university or its equivalent (Minimum 55% aggregate marks for candidates belonging to the Reserved Category from Maharashtra State).
AND
A minimum of 60% aggregate marks in Class 10 (SSC) and Class 12 (HSC) examinations, with English as a compulsory subject.
AND
A valid non-zero score in the relevant entrance examination conducted by the competent authority.
Selection Process
Admission will be based on the merit of a valid score in CAT 2025, XAT 2026, NMAT 2025, GMAT, CMAT 2026, MAH-CET 2026, PERA 2026 or MAT (September 2025).
AND
Candidates will also be evaluated through Group Discussion (GD)/Extempore, Personal Interaction (PI) conducted by MIT-WPU, along with consideration of their Past Academic Record and Work Experience.
AND
The valid (non-zero) national level entrance score is mandatory for confirmation of admission.
Career Prospects
Business Development Manager / Executive
Entrepreneur / Startup Founder
Family Business Successor / Manager
Innovation and Strategy Analyst
Venture Analyst / Investment Associate
Operations Executive / Management Trainee
Incubation Manager / Program Coordinator
Franchise Manager / Area Development Executive
Programme Outcomes
- Apply principles of entrepreneurship, innovation, and strategic management to identify opportunities, develop scalable and sustainable ventures, execute go-to-market strategies, and manage growth across the startup lifecycle and family business ecosystems.
- Demonstrate the ability to lead, professionalize, and manage succession in family-owned enterprises by balancing tradition with modern governance, fostering resilience, and driving organizational transformation.
- Analyse financial statements, assess funding sources, manage capital and financial risks, and make informed financial decisions in entrepreneurial and family business contexts.
- Leverage design thinking, digital tools, and emerging technologies to innovate products, services, and processes, and create customer-centric value in both new ventures and legacy businesses.
- Demonstrate awareness of global markets, cross-cultural business practices, and ethical frameworks, while incorporating sustainability and social responsibility into strategic decision-making.
- Lead diverse teams with empathy and accountability; communicate effectively with stakeholders across business contexts; and apply research methods and data analytics to solve complex problems and generate strategic insights.
- Graduates will be able to apply entrepreneurial frameworks and creative problem-solving methods to identify and exploit new business opportunities in diverse sectors.
- Students will demonstrate the ability to manage, sustain, and grow family-owned enterprises with sound governance, succession planning, and conflict resolution strategies.
- Students will develop and validate innovative business models, prepare actionable business plans, and mobilize resources to successfully launch and scale new ventures.
- Graduates will integrate legal compliance, ethical leadership, and sustainable practices into entrepreneurial decision-making to build resilient, responsible businesses.
- Students will leverage emerging technologies, digital tools, and global entrepreneurial trends to innovate business solutions and compete in the dynamic global market.
admissions@mitwpu.edu.in
