The programme is designed to ensure success and full contribution of family businesses to the socio-economic development of Malawi. The growth, successful succession and inter-generational survival of family businesses in Malawi is critical to reducing poverty in Malawi. It is specifically designed to impart practical knowledge and the basic concepts related to management and administration of family businesses, as well as the different processes and tools that are useful for the effective handling of these companies. The programme teaches refined business skills within the context of family dynamics. Students will learn how to develop an effective financial strategy, wealth management portfolio and policies for conducting business and learn how to merge the interests of the family with wealth acquisition to develop a strong future for everyone. Graduates are better prepared to face the unique challenges of owning a family business. They understand the importance of creating balanced family relationships while driving successful business outcomes. Among the courses to be covered include Fundamentals of Family; Business Organizational Culture in Family Business; Psychology and Sociology in Businesses; Succession and Trust Law; Business Ethics and Corporate Governance; Entrepreneurship and Innovation; and Leadership. Apart from core modules, there will also be electives that students will choose from. Some of the electives are Commercial Law; Strategic Marketing Management; and Change Management.

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