How is ISB MFAB as a Family Business Management Program?

The ISB MFAB is a 15 month long ISB Post Graduate Programme in Management for Family Business at ISB Hyderabad.


The ISB MFAB is ideally suited for family business owners or second generation business professionals who seek to enhance their general management skills.


Who should apply to ISB MFAB?

The class in the ISB MFAB program has applicants with an average applicant work experience of 3 years with an average age of 25 years. Some alumni of ISB MFAB program over the years are:


Sirisha Limkar, Director, Limkar Group

Priyanka Mechineni, Director, Excelleur Solutions Pvt. Ltd.

Alekhya Nandendla, MD, Rvan Ventures Pvt Ltd.

Chetan Chikkamarranahally, Director, Shakti Precision Components Pvt. Ltd.

and many more next generation business leaders.


Application deadline for ISB MFAB 2023-24: 13 November 2022

Final Deadline for ISB MFAB 2023-24: 19 March 2023

Get application and interview assistance.


ISB MFAB 2023 Program Structure:

  1. ISB MFAB offers 2 International Immersions - Kellogg School of Management in the Evanston (Chicago) campus

  2. ISB MFAB students have 12 weeks on campus - one week every 6th week

  3. ISB MFAB curriculum comprises 24 courses

  4. ISB MFAB is a 15 months modular program

  5. Flagship Alumni Reunion Event: MFABulous was held from August 26 to 28, 2022, on the theme 'Entrepreneurship in Family Business - Making the Right Choices.'


ISB MFAB 2023 Application Requirements:

  1. Application Fee: ₹ 15,000

  2. BAT (Business Admissions Test)

  3. Bachelors’ degree or an equivalent

  4. No minimum work experience required but preferred

  5. `ISB MFAB Fee: 41,98,000 plus taxes

ISB MFAB Class Profile in terms of company revenues:

  1. Maximum: Upto INR 10 Crores

  2. 12% - INR 500 to 1000 Crores

  3. 10% - INR 100 - 500 Crores

  4. 17% - INR 50 - 100 Crores

  5. 45% - INR 10 - 50 Crores


ISB MFAB Class Profile in terms of Age group:

  1. 23% class - 29 - 31 years

  2. 7% class - 25 - 28 years

  3. 70% class - 20 - 24 years


ISB MFAB Class Profile in terms of years of work experience:

  1. 6% - 6 to 8 years experience

  2. 29% - 4 - 6 years experience

  3. 65% - 2 - 4 years experience


ISB MFAB Class Profile in terms of Industry representation:

  1. 33% - Manufacturing industry

  2. 8% - infrastructure industry

  3. 8% - real estate

  4. 6% - textile, clothing and fashion industry

  5. 6% - trading and wholesale industry

  6. 5% - automobile industry

  7. 5% - education and research industry

  8. 36% - other industries


Check the admit stories to understand their journeys and what is important to put up a successful application to ISB.


Is the ISB MFAB worth it?


The real value of an MBA from ISB is the diverse exposure it provides you. The class at ISB PGP MFAB at ISB Hyderabad, consists of students from various industries like manufacturing, trading, textile, real estate, Pharma, FMCG, logistics, financial services, and many others. Class interaction gives perspectives of different industries which gives you the vision of how the industry might shape or industry gaps that you find the next business opportunity in.


The ISB MFAB program is a general management programme for family business owners and it is delivered from the owner's perspective. The students also get an International exposure at the 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 real ROI of ISB PGP MFAB is the contemporary global knowledge, the peer network and the credibility that comes with it. If that long perspective is what you have in mind you should definitely look at ISB MFAB seriously. The ISB PGP MFAB program is equipped to deliver world class MBA education at ISB Hyderabad.

Read more about the ISB MFAB program and ISB MFAB admit reviews here.


Some alumni events that take place at ISB MFAB are:


Alumni Panel discussion event was held to discuss the topic "The Family Business Resilience Levers in Extraordinary Times" by ISB MFAB alumni in July 2021 and they discussed topics like "Role of Women in Family Business Succession" in the past.


What is the benefit of the ISB MFAB?


As an alumnus of the ISB PGP MFAB program at ISB Hyderabad you 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.


To reassert the worth of any program is in the value that you seek from it. If your perspective is to gain a bigger picture from industry stalwarts from different sectors and join a group of business leaders the program is sure worth it. Get in touch with an ISB admission consultant at Goalisb to discuss your application preparation and interview prep for the ISB MFAB admissions 2022 - 23.


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