Postgraduate Course: Family Business Management (MSc) (CMSE11158)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Credits | 15 |
| Home subject area | Common Courses (Management School) |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | The family business organisation is one of the oldest business models, and remains important and relevant. Smaller family businesses form the majority of businesses world-side and larger family businesses continue to dominate in many countries. Even in countries such as the UK and the USA where corporate business is paramount, many large corporations are still partially owned and influenced by prominent families. The course is intended as an option for MBA students who have an interest in family business. The aim of the course is to promote understanding of the nature of family businesses and business families, their contribution to economy and society, the distinctiveness of family owner managed and entrepreneurial styles of management, the problems faced by family businesses, and how these problems can be overcome. |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | No |
Course Delivery Information
| Not being delivered |
Summary of Intended Learning Outcomes
On completion of the course students should be able to:
- appreciate the difficulties in defining family business objectively, and the ideological importance of family business in Western models of capitalism and understand the implications if the family business is re-conceptualised as the business family
- comprehend the emergence and lifecycle of family businesses and appreciate what characterises business families that have survived for several generations
- discuss there is a distinctive style of family business management, and if so, whether it is a less evolved style, superseded by modern forms of corporate management, or whether it is a style that still retains its relevance
- assess whether it is possible to integrate effectively both styles of management and if so, how this could be accomplished
- identify whether family businesses and business families experience special problems in conducting business
- problems identified in the literature include agency, gender, coping with growth, succession and renewal
- analyse certain real world management problems faced by family businesses
- assimilate, communicate and present critical evaluations of relevant sources of information
- prepare and present to a professional standard an appropriate report on their work.
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Assessment Information
Individual Assignment 1 (50%)
Group assignment - Research Project (50%) |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Dr Omaima Hatem
Tel: (0131 6)50 3815
Email: Omaima.Hatem@ed.ac.uk |
Course secretary | Miss Rachel Allan
Tel: (0131 6)51 3757
Email: Rachel.Allan@ed.ac.uk |
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