Programme Launch
On July 17, 2026, the Indian Institute of Management Calcutta (IIM Calcutta) announced the opening of admissions for the eighth batch of its Post Graduate Certificate in Family Business Management. The programme is delivered in partnership with TimesPro, a Higher EdTech platform of The Times Group, and runs for twelve months in a live‑online format.
Target Audience and Eligibility
The course is aimed at owners, successors, senior executives, CEOs, proprietors, C‑suite leaders, vice‑presidents, directors and heads of strategy and operations of Indian family‑managed enterprises. Candidates must possess at least ten years of professional experience and hold a graduate or postgraduate qualification. The final date for applications is October 11, 2026.
Curriculum and Learning Structure
The curriculum comprises seven in‑depth modules: Macroeconomics for Business, Strategic Thinking & Leadership, Investor Relations, Design Thinking & Entrepreneurial Risk‑Taking, Developing a Global Mindset, and a Capstone Project that integrates all learnings. In addition to virtual sessions, the programme includes two five‑day campus immersion periods, providing opportunities for peer networking across sectors such as construction, retail, manufacturing, textiles, real estate, automotive and food & beverages.
Certification and Alumni Status
Upon successful completion, participants receive the IIM Calcutta Executive Education Alumni status, signalling a recognised credential in executive education.
Strategic Rationale
A McKinsey report cited in the release notes that family‑owned businesses contribute over 75% of India’s GDP, a share projected to rise to 80‑85% by 2047. The report highlights increasing focus on professional development and succession planning as third‑generation leaders assume control, reinforcing the relevance of structured capability‑building programmes.
Statements from Leadership
Prof. Biswatosh Saha, Professor of Strategic Management, and Prof. Vivek Rajvanshi, Professor of Finance and Control, emphasized the need for strategic foresight, managerial acumen and nuanced leadership as Indian family businesses transition across generations. Sridhar Nagarajachar, Business Head – Executive Education at TimesPro, remarked that the collaboration equips today’s and tomorrow’s leaders with a forward‑looking mindset, strategic leadership skills and the ability to harmonise legacy with modern challenges.
Institutional Background
IIM Calcutta was established in November 1961 by the Government of India in collaboration with the Alfred P. Sloan School of Management (MIT), the Government of West Bengal, the Ford Foundation and Indian industry. It is the first Indian institute to receive triple accreditation from AACSB, EQUIS and AMBA, and is recognised as one of Asia’s leading business schools.
TimesPro Profile
Founded in 2013, TimesPro is an EdTech platform that designs and delivers upskilling programmes across sectors such as BFSI, e‑Commerce and technology. It partners with premier institutions like IIMs and IITs to provide executive education and corporate learning solutions.
Conclusion
The launch of the eighth batch reflects a concerted effort to professionalise Indian family enterprises, aligning traditional strengths with modern strategic, governance and innovation capabilities.