FMB interview at Nasik on Dec 20th, 2019. for Reg click on https://spjimr-pgpfmb.
PGPFMB Programme
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Programme Architecture
LOGIC OF ARCHITECTURE
The Programme follows SPJIMR's successful KSA (Knowledge-Skills-Attitude) model - a model recognised as one which is refreshingly different from conventional B-schools. This model aims at:
(a) Imparting Knowledge in functional areas like finance, marketing, operations, business environment.
(b) Imparting Skills-e.g. Negotiation, Decision-making.
(c) Development of Attitudes-e.g. Managing Self, Business and Society.At the same time, such teaching-learning as happens at SPJIMR's FMB Programme seeks to develop each of these pillars along 4 dimensions: Business, Self, Society and Family.
At the end of the Programme, participants will gather the knowledge required to understand his/her business, his/her own self, the society in which he/she lives and his/her own family. Similarly, he/she will develop the skills and attitudes to deal with each of these four dimensions required for any business owner.
Architecture
The programme is modular in nature. The participants will complete three phases of on-contact learning over 13 consecutive months. This will be followed by a period wherein the participant along with his/her mentor will work on the Business and Role Plan for his/her business. He/she shall make an interim presentation of the business and Role plan in the 15th/16th month will be followed by a final presentation in the 18th month, to a review panel in the presence of the participant's mentor. A contact refers to the time spent on campus by the participant in a formal classroom atmosphere or learning through non-classroom initiatives. Each contact would comprise of 6-8 days following a pre-determined calendar schedule. 11 (of the 13 contacts) will be held over 6 days (between Monday – Saturday) while
2 of the 13 contacts will be held over 8 days (Monday – next Wednesday). Classes will be held between 09:00 AM to 06:00 PM.
Changes in a contact (if any) will be notified to the participant well in advance.
Quizzes/Tests will be conducted every contact.
During the off-contact period (typically 3 weeks), participants are required to complete assignments/ projects and upload them on e-kosh (SPJIMR's Learning Management System) according to the schedule notified. Typically, a participant will need to complete four assignments in each off-contact session. These are graded assignments and will make up for the internal evaluation components.
*Subject to administrative changes
Pedagogy
The emphasis of the programme is on developing the ability of the candidate to apply learnings to business settings.
To this end, the PGP-FMB programme comprises of a set of courses aimed at developing an inquisitive and analytical mind, which proactively seeks the right knowledge, appropriate skills and right attitudes necessary for business, while at the same time immersing in the unique settings of a family managed business.
The pedagogical approach followed, based on such underpinnings, is largely 'Learning by Doing' and using 'Business as Lab'. The experiential nature of the programme involves 4 stages:
- Learn theoretical frameworks and models in class, based on the 4X3 learning architecture.
- Examine and reflect on the application of such frameworks under a wide variety of settings.
- Make wider sense of such knowledge, skills and attitudes to business and family-business interface by applying to current business problems.
- Learn and share the new knowledge to consolidate such learnings and add to the repertoire of knowledge in the family managed business space.
The course is based on the principles of Adult Learning, i.e. “The onus of Learning is on the learner”.
On-campus Pedagogy
- Classroom sessions are primarily for clarification, synthesis, case discussions and analysis;
- Group-work learning, wherein participants belonging to different industries are put together to work as a team, and gain from inter-industry as also cross-industry experience and insights;
- Games and simulations in various functional disciplines that enable effective understanding of concepts as also hands-on experience;
- Quizzes/Tests/End-term exams to assimilate class learnings.
- Guest lectures by industry experts/ professionals/ family business leaders.
- Networking sessions (called Adda sessions) which facilitate peer learning.
Off-campus Pedagogy
- Off campus submission of assignments through the Learning Management System (LMS).
- Application exercises that enable participants to apply concepts to their businesses.
- Business Improvement projects that help apply the assimilated concepts to real-life solutions of business problems.
Modules
- Understanding the Business Environment -1
- Acquring & Managing Customers
- Introduction to Finance
- Business Improvement Project- I
- Interpersonal Skills for Business Leaders -I
- Spreadsheets for Decision Making
- Managing Self
- Managing Teams
- Family Dynamics-I
- Leadership Lab
- Business & Society (conducted over phases)
- Innovation & Design Thinking (conducted over phases)
- Managing Sales Force & Reseller Networks
- B2B Sales
- Financial Management
- Cost Management
- Harnessing Human Resources in FMBs
- Competitive Strategy
- Business Improvement Project II
- Interpersonal Skills for Business Leaders -II
- Strategic Negotiation
- Innovation and Design Thinking II
- Family Dynamics-II
- Leadership in Action
- Business and Society
- Understanding the Business Environment II
- Electives: Minor
- Legal Aspects of Business
- Digital in Business
- Brand Management
- Business and Role Plan (including B-Plan mentoring)
- Organizational Development & Change
- Family Dynamics-III
- Financial Planning & Wealth Management
General Electives
Custom Electives
A basket of general electives is offered to participants in Phase 3, each elective ranging from 0.5 to 1 credit. Participants are required to choose electives totaling to 2 credits. A typical list of popular electives is given below:
- International Business
- Private Equity & Venture Capital
- International Finance
- Taxation.
- Entrepreneurship & Growth
- E- Commerce
- Doing Business in Emerging Economies
- Behavioural Economics
In addition, participants are required to choose one of the 4 custom electives offered in Phase 3. These include:
- Service
- Real Estate & Infrastructure
- Manufacturing
- Retail
