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IIM Lucknow Launches MBA in Family Business with ₹20 Crore Turnover Requirement
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News18•12-10-2026, 14:20
IIM Lucknow Launches MBA in Family Business with ₹20 Crore Turnover Requirement
- •IIM Lucknow has introduced a two-year MBA in Family Business aimed at nurturing next-generation leaders.
- •The program fee is ₹25 lakh, with an optional international immersion costing an additional ₹10 lakh.
- •Classes will be held at the Noida campus, requiring students to attend for one week every month.
- •Applicants must have a business with an annual turnover or investment of at least ₹20 crore.
- •Admission requires GMAT, GRE, or an institute-specific entrance exam followed by an interview.
Key Questions Answered
The two-year MBA in Family Business program has a tuition fee of ₹25 lakh. Additionally, there is an optional ₹10 lakh cost for a two-week international immersion program abroad.
Applicants must be family business owners or stakeholders with an annual turnover or investment of at least ₹20 crore. Candidates must also provide a GMAT or GRE score, or pass an entrance exam conducted by the institute if they lack those scores.
The course is conducted from IIM Lucknow's Noida campus. Students are required to visit the campus once a month to study for a week, accommodating the busy schedules of family business leaders.
