Objectives

The aim of the MSc. program in Family Business Administration is to develop a framework for learning and understanding the nature, importance, and uniqueness of family business in Cambodia, Malaysia, Philippines, Bangladesh, Bhutan, Nepal.

FAB project will propose a methodology for the design of MSc. curriculum that promote a shift from degree focused qualification to competence-based qualification. In this context, the consortium will transfer significant know how from the European Educational System that will be used by the partner country Institutions to design an advanced, practical-based MSc. curriculum for Family Business Management.

The specific objectives of the proposal are to:

– Develop new specialized curricula and an innovative MSc. programme in Family Business Management, thus helping build the capacity of the partner countries’(PC) HEIs, improve the level of competences and skills offered, and address the existing absence of a similar programme. The consortium will also research and formalise the design of multi-stage, mixed model MOOCs for Family Business professional courses, including non-formal and informal learning.

– Establish viable synergies and links with the regional family business sector in order to address their needs in terms of required professional skills in the field of entrepreneurship and family business management, training needs and enhance the employability of graduates.

– Reinforce the capacity of the PC HEIs by training their academic staff in the new courses and appropriate delivery methods. This will be achieved by organising study visits to EU HEI and capacity building training workshops in each PC as well as developing a training Virtual Learning Environment (VLE) to support the PC HEIs’ academic staff during and after the project.

– Reinforce the infrastructure of the PC HEIs by establishing ‘Family Business Centers of Excellence’ that will act as foci for research and innovation in the area, thus ensuring that family business education will remain high in the regional priorities agenda for a long time after the project has been completed. The ‘Family Business Center of Excellence’ will promote entrepreneurial behaviour (including innovation) in existing family firms. It will act as a ‘family business contact point’ at national level and will promote better dialogue between the family business sector and the government and help convey the concerns faced by the sector into policy consultation processes.