ISB Admission Consulting -
PGP MFAB Programme
The 15 month long ISB Post Graduate Programme in Management for Family Business ( PGP MFAB) is ideally suited family business owners or second generation business professionals who seek to enhance their general management skills.
The class profile in the ISB PGP MFAB program shows that the average applicant work experience to the program is 3 years with an average age of 25 years. The ISB PGP MFAB class consists of representatives from various industries like manufacturing, trading, textile, real estate, infrastructure, pharma, FMCG, logistics, automobiles, financial services, mining and many others.
The ISB PGP MFAB program being a general management programme for family business owners is delivered from the owner's perspective. Additionally, the students get an International immersion experience at the world renowned Kellogg School of Management for one week.
ISB PGP MFAB is a program specially structured to meet the needs of Family businesses in India. The ISB PGP MFAB program is equipped to deliver world class MBA education. The alumni of the ISB PGP MFAB program get the advantage of being a part of the inclusive 10000+ strong global community of ISB alumni in addition to being a part or course audits, conferences, seminars and workshops conducted at ISB.
The process of application for the ISB PGP MFAB programme starts in August every year. The applicants to the programme must compete through an entrance test, the submissions of a comprehensive application to the school, followed by an interview process to secure admission to the iSB PGP MFAB programme. The Business Admission Test for admission to the ISB PGP MFAB is designed to test analytical thinking and problem solving capabilities of the applicants. Two sample tests for the BAT for admission to the ISB PGP MFAB are available on the school website admission section.
Last but not the least - Who is a successful applicant to the ISB PGP MFAB programme? It would be someone who is a member of a family business and aspires to grow the business in the future. This of course calls for above average business skills, leadership capabilities, marked achievements to account for the work experience. A clear vision of the future of the business is a plus for an applicant to the ISB PGP MFAB program.
This brings us to the next piece of discussion, i.e. the ISB PGP MFAB application. The application consists of a detailed description of academic performance, work experience, business family details, business prospects and a list of essays as below.
ISB PGP MFAB Essays 2019:
1. Why do you intend to pursue ISB PGP MFAB program?
2. According to you, what are the main challenges faced by your business and how would you address them?
3. Describe an important initiative that your business has undertaken during the past 5 years. Explain why you consider it important. You may share an initiative taken by your company even if you were not necessarily involved or associated with it.
4. Optional Essay: Examples of things to list here would include explanations for gaps in work or education, inconsistent or below average academic performance. Use this space to also highlight work and non-work related awards & achievements which you feel would add value to your application.