Program Presentation
The Master in Strategic Management of Family Businesses is a program that covers the basic concepts related to the management and administration of family businesses, as well as the different processes and tools that are useful for the effective handling of these companies.
Through the pedagogical articulation of the theoretical fundaments and the discussion of case studies, within a space of interaction encouraged by professors and the use of a Virtual Campus, a person culminating a Master in Strategic Management of Family Businesses will be qualified to:
- Develop the roles of Managing a Family Business applying the skills learned in the course.
- Understand the particularities of family businesses and manage the relationship between Company - Family - Property.
- Propose ideas and solutions to the problems presented in family businesses, achieving its sustainability thereof.
- Understand and use the latest tools in the field of family business management.
- Understand and develop the necessary leadership skills for the management of family businesses.
- Understand other general aspects for the comprehensive management of the family business such as the management of the environment, quality and business projects.
Who is the programme for?
The Master in Strategic Management of Family Businesses is aimed at entrepreneurs, managers, members of family businesses and professionals involved in the world of family businesses. It is also aimed at recent university graduates that wish to acquire knowledge on Family Business Management.
The Master in Strategic Management of Family Businesses enables individuals to develop their activities within the field of Family Business Management at any level of command; as well as to provide people that aren’t directly related to family business management but are interested in the topic, such as: family members, shareholders, non-managerial individuals, as well as consultants, teachers and researchers.
Diploma
The successful completion of the Program will allow the student to obtain the degree of MASTER IN STRATEGIC MANAGEMENT OF FAMILY BUSINESSES, issued by the University where he or she has registered.
Program Structure
The credit structure of the Master in Strategic Management of Family Businesses program is shown in the following table. It should be noted that the duration is merely indicative, as the methodology followed integrates the knowledge and skills to be acquired in each part through integrative exercises of knowledge acquisition and internalization of project practices:
| CREDITSa | |
|---|---|
| 1ª Part: Administration, Organization and Family Business Management | 34 |
| 2ª Part: New tools for the Management of Family Businesses | 31 |
| 3ª Part: Global Aspects for the Management of Family Businesses | 15 |
| 4ª Part: Final Project or Thesis | 10 |
| TOTAL | 90 |
a. The equivalence in credits may vary according to the university where he/she has enrolled. One (1) ECTS (European Credit Transfer System) credit is equivalent to 10 + 15 hours. If the student is enrolled in a university that does not belong to the European Higher Education Area (EHEA), the relation between credits - hours may vary.
Duration
The Master in Strategic Management of Family Businesses has 90 credits.
The duration of the Master in Strategic Management of Family Businesses varies between 12 and 24 months, depending on the student's dedication. In this period of time, the student must have successfully passed all the evaluated activities and approved the Final Project.
Objectives
General objective
- Train professionals with a strategic overview of family business management, providing the individual with the most advanced tools and techniques for the success and sustainability of family businesses.
Specific objectives
- Develop the responsibilities of Family Business Management while applying the skills learned in this course.
- Understand the particularities of Family Businesses and manage the Business – Family –Property relationships.
- Propose ideas and solutions to the problems presented in Family Businesses, achieving sustainability in the family businesses.
- Learn and use the most modern tools in the field of Family Business management.
- Use the skills developed throughout the course, providing a strategic overview of family business management.
- Understand and develop administrative skills needed for the management of family businesses.
- Learn other general aspects for the integral management of the family business: environment, quality, project management.
Career Opportunities
Some of the career opportunities of the Master in Strategic Management of Family Businesses are:
- Family Business Executives.
- Members of the Board of Directors of Family Businesses.
- Family Business Consultants.
- Specialists and researchers in Family Businesses.
Study Plan
The Strategic Management of Family Businesses Master program has a curricular structure based on 4 parts:
- 1st Part: Administration, Organization and Family Business Management (360 hours)
The first part allows a general overview of the topic, dealing with subjects such as Strategic Management and Planning; Business Management; Control and Management of Expenses; Economy; Financial Management; Management of Operations; Logistics; Marketing and Business Management; Integration of Corporate Management Systems.
The corresponding subjects and hours that make up the first part are shown in the following table:
| 1st Part: ADMINISTRATION, ORGANIZATION AND FAMILY BUSINESS MANAGEMENT | ||
|---|---|---|
| # | SUBJECTS | HOURS |
| 1 | Strategic Management and Planning | 40 |
| 2 | Business Management | 40 |
| 3 | Costs Control and Management | 30 |
| 4 | Economy | 30 |
| 5 | Financial Management | 40 |
| 6 | Strategic Management of Human Resources | 30 |
| 7 | Management of Operations | 30 |
| 8 | Logistics | 30 |
| 9 | Marketing | 40 |
| 10 | e-Business and its Integration with Corporate Management Systems | 50 |
| TOTAL | 360 | |
- 2nd Part: New tools for the Management of Family Businesses (320 hours)
The second part consists of topics such as Concepts and Characteristics of Family Businesses; Organizational Climate and Culture; Succession and Continuity in Family Business; Generational changes and Incorporation of family members into the business; Family Business professionalism; Structure and Center of the governments; Family protocol; Property management in family business; Key success factors in family businesses; Creation and internationalization of family businesses, and basic legal aspects of family businesses.
The corresponding subjects and hours that make up the second part are shown in the following table:
| 2nd Part: NEW TOOLS FOR THE MANAGEMENT OF FAMILY BUSINESSES | ||
|---|---|---|
| # | SUBJECTS | HOURS |
| 1 | Concepts and Characteristics of Family Businesses | 30 |
| 2 | Culture and Organizational Climate in Family Businesses | 25 |
| 3 | Succession and Continuity in Family Businesses | 30 |
| 4 | The Systematic Focus Applied to Conflict in Family Businesses |
30 |
| 5 | Family Business professionalism | 30 |
| 6 | Government structures and bodies | 30 |
| 7 | Family protocol | 30 |
| 8 | Property management in family business | 20 |
| 9 | Key factors for success in family businesses | 25 |
| 10 | Creation and internationalization of family businesses | 30 |
| 11 | Basic legal aspects of family businesses | 40 |
| TOTAL | 320 | |
- 3rd Part: Global Aspects for the Management of Family Businesses (160 hours)
The third part presents some of the challenges that the managers of family businesses should address within the next few years: Management and Leadership Techniques; Work team Management Techniques; Conflict Resolution and Negotiation Techniques; Organizational Knowledge and Learning Management; Business Ethics and Corporate Social Responsibility.
The corresponding subjects and hours that make up the third part are shown in the following table:
| 3rd Part: GLOBAL ASPECTS FOR THE MANAGEMENT OF FAMILY BUSINESSES | ||
|---|---|---|
| # | SUBJECTS | HOURS |
| 1 | Management and Leadership Techniques | 30 |
| 2 | Management Techniques for Work Teams | 30 |
| 3 | Conflict Resolution and Negotiation Techniques | 30 |
| 4 | Knowledge Management and Organizational Learning |
30 |
| 5 | Business Ethics and Corporate Social Responsibility | 40 |
| TOTAL | 160 | |
These subjects, in spite of being independent, are self-contained and are structured in accordance with a coherent pedagogical order. Each one is divided in basic thematic units or chapters, whose content includes written material that should be studied in order to successfully respond to the evaluation activities.
- 4th Part: Final Master Project or Degree Thesis (100 hours)
The Final Master Project or Thesis, which has a workload of 100 hours, has as an objective to present a completed work that shows the whole development of a project, contemplating the possibility of its implementation.
| 4th Part: FINAL MASTER PROJECT OR DEGREE THESIS | ||
|---|---|---|
| # | SUBJECTS | HOURS |
| 1 | Final Master Project or Degree Thesis | 100 |
| Total | 100 | |
Management
- Dr. Salvador Rus Rufino. Doctor in Philosophy from the University of Navarra. Doctor in History from the University of León. Professor at the University of León. Director of the Department of History of Family Business, University of León.
- Dra. Cristina Hidalgo González. Doctor in Business QC from the University of León. Associate professor in the Department of Applied Economics at the University of León.
- Dr. Carmen Lilí Rodríguez Velasco. Master’s in Occupational and Organizational Psychology from the University of Havana, Cuba. International Academic Coordinator of the Management Development, Business Organization and Human Resources Area, at FUNIBER..
- Dra (c). Andrea Gutiérrez Jiménez. Doctorado en Proyectos, por la Universidad Internacional Iberoamericana (en proceso). Máster en Recursos Humanos y Gestión del Conocimiento de la Universidad de León (España). Coordinadora Académica del Programa Máster en Dirección Estratégica de Empresas Familiares y sus Especializaciones.
FUNIBER Training Scholarships
The Iberoamerican University Foundation (FUNIBER) allocates periodically an extraordinary economic item for FUNIBER Training Scholarships.
To apply, please fill out the information request form that appears in the web of FUNIBER or contact directly the Foundation’s headquarters in your country that will inform you if you need to provide some additional information.
Once the documentation is received, the Evaluation Committee will determine your application's eligibility for the FUNIBER Training Scholarship.