Frequently Asked Questions



Index

Q1. Why IIEMT?

A.
At IIEMT, you get to learn from the experts. In most colleges, people who have never done business write books and those who have never done business teach the subjects. Here entrepreneurs and consultants who are in actual business have prepared the material and they are the ones who teach.

To summarise:

• Learn from the experts at IIEMT.

• IIEMT can save 3 years of your precious life.

• IIEMT is the first E-school-going beyond B-schools focusing on core
entrepreneurial development.

• At IIEMT, it is by Entrepreneurs for Entrepreneurs.

• Courses are designed by real life entrepreneurs and consultants and
taught by real life entrepreneurs and consultants.

• IIEMT provides grass-root Industry Internship.

• IIEMT makes Opportunity Mine available.

• IIEMT provides a Trusted Business Network through their existing
network.

• At IIEMT, completion of course is only the beginning - 24*7 email/sms support is available and 1 year FREE mentoring session is available.

• At IIEMT,  Coaching and Consulting are available going forward.



Q2. But other management institutions also
claim of visiting faculty from the industry…

A.
Let's rephrase what u said-

• they say we are academic but we give you a peek of the industry
• we say we are the industry - we will try to do justice to the academic protocols also.

Further simplifying:

1. A city guy being trained to swim in a swimming pool versus
2. A guy from sea been given basic grooming skills

Who do you think has a better chance of taking on the rough sea?



Q3. How is this content and teaching different?

A.
It is intuitive and flow based. We are trying to transfer our real-life
consulting expertise to the candidates. Here the idea is not to dump a
few books on the candidates. Here the idea is to open their eyes and then
guide them to learn through real world case studies and their
application. It is more about application of concepts.

In short here we teach fishing instead of giving the fish or giving books on "fishing for dummies"



Q4. But why such a concept - FAMILY BUSINESS
education?

A.
Research says that wealth gets diluted after the third generation!
 
This happens because of poor understanding of transfer of wisdom and experience to  future  generations.
 
Family businesses face unique challenges and with the markets becoming more dynamic by the day, Family Business related education is becoming increasingly important.
 
This is where IIEMT's consulting background across various family-run businesses becomes invaluable. The Family business course is formulated in such a way that it covers all the entrepreneurial educational aspects in the light of the unique situational challenges in a family environment.

This ensures consistent growth for the businesses  which in turn will mean more jobs, healthier economy and a successful, super-power India.



Q5. People in BUSINESS DON'T THEY ALREADY KNOW HOW TO HANDLE THIS ?

A.
1. Some of them are still to realise this...
 
2. Those who have realised this are still to accept it as a threat of the highest order...
 
3. Those who realised the criticality sent their children abroad for education...only to find that they didn't want to return or even if they returned, couldn't cope up with unique Indian scenarios
 

Q6. But there are Indian MBA colleges who take care of this?

A.
There again we are stuck in concepts and not in application. Check out how many of the participants have really learnt  to apply the cocepts.
 
Our focus is purely on application of concepts to real life situations.


Q7. Who all can benefit? Who is it for?

A.
1. Family Business owners who want to train their  children in business can sent their children.

2. Family Business owners who want to grow their business.

3. Family Business owners who are struggling with their cash-flows.

4. Family Business owners struggling with succession planning.

5. Family Business owners who want to develop system based business.



Q8. What is the typical duration of the course?

A.
Duration of the course is 1 year. Combination of evening and weekend lectures, assignments and projects.



Q9. Who are the entrepreneurs who will be
teaching?

A.
a. Strategic consultants having 15-20 years of consulting experience.

b. Financial experts having more than 20 years of experience in the
financial sector.

c. Risk management experts having more than 20 years of experience.

d. Manufacturers with hard-core industrial manufacturing expertise of
more than 20 years.

e. Infrastructure company owners with 20 years of experience in civil
and infrastructure.

f. Doctors with 20 years of practice.

g. Academicians with more than 20 years of teaching experience.



Q10. Will I get a degree?

A.
Family Business Management Course  course is a Certificate Course.



Q11. How do I apply?

A.
Please fill in the admission form and our counsellor will get in touch with you.



Q12. Do you have strong alumni network?

A.
a. Yes, a strong alumni network is happening.

b. We are also members of many business networks and associations
which we extend to the candidates.

c. Besides we have a strong advisory board whose network can be
tapped.



Q13. What is the eligibility criteria?

A.
a. A running Family Business

b. Internal screening process. (Will it be tough? try it out)



Q14. Will you provide industrial internship?

A.
Yes, we provide 2 months hard-core internships on real projects, going beyond basic project reporting.



Q15. Why you don't display syllabus on the
website or give information over mail or phone?

A.
We believe somebody who is as serious about his career as starting a business should show enough initiative to come down and go through the screening process. (our screening process starts right from how he approaches the matter)

It is difficult to visualise a leader in those who cannot leave the comforts of their desks for their own development.

Sharukh Khan in his video "KARO" says - "DO" : India as a country has to come out of the arm chair way of doing things.



Q16. But others are giving it?

A.
They are only looking for students who want to join. We are looking for people who want to succeed.



Who Can Benefit?



MBAs who want to start up business.

Business owners who want to train their children in business.

Business owners who want to prepare their wives to be the second line in business.

Professional wanting promotions.

Graduates looking at getting better jobs.

Professionals working close to owners, promoters, senior management.

Youngsters wanting to start business or learn management.

People with less percentages struggling to get admission in management colleges.

All Entrepreneurs who want to grow their business.

Professionals who are less than 3 years into business.