This collaboration aims to launch two innovative programs: the Entrepreneurial Mindset Development Program and the Strategic Business Leadership Program. These programs integrate Islamic finance values and instruments to foster economic growth in Member Countries. The programs will be hosted by MBSC and delivered jointly by both institutions.

Dr. Sami Al-Suwailem, Acting Director General of IsDBI, and Dr. Zeger Degraeve, Dean of MBS College, signed the agreements during a ceremony at the IsDB Headquarters in Jeddah on 29 January 2025.

The Entrepreneurial Mindset Development Program is designed to equip participants with the essential skills, knowledge, networks, values, and training needed for successful entrepreneurial ventures. The Strategic Business Leadership Program aims to develop the key attributes of entrepreneurial success: personal attributes, including behavior, personality, and capabilities, as well as business attributes such as its structure, goals, and performance management.

Both programs will include a series of interactive workshops, mentorship sessions, and real-world projects. Participants are expected to gain valuable insights into innovative thinking, business planning, and effective problem-solving.

In his comments on this occasion, Dr. Sami Al-Suwailem said, “We are very excited about the partnership with the MBS College. As the knowledge beacon of the IsDB Group, we hope that the joint programs with MBSC will create a new breed of business leaders and entrepreneurs who successfully capitalize on the principles of Islamic finance to stimulate economic progress in their communities. Human capital is our greatest resource, and we must equip our youth with the right tools and skills to face the emerging challenges of the future.”

Dr. Zeger Degraeve, Dean of MBSC, said, “This partnership underscores MBSC’s dedication to fostering entrepreneurial leaders who can contribute to Saudi Arabia’s ambitious Vision 2030 and beyond. By integrating Islamic finance principles with practical business strategies, these programs will empower participants to address real-world challenges and drive sustainable economic and social value, both within the Kingdom and across IsDB Member Countries.”

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MUMBAI: Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) Centre for Family Business & Entrepreneurship (CFBE) invites applications for its Ladies in Family Enterprise (LiFE) program. LiFE is an enriching short-term program that seeks to nurture and empower women from business families with little or no experience in the business currently. They can be related to the owner/s either as wives, daughters-in-law, mothers, or daughters.   

LiFE is a four-month program where sessions are conducted twice a week in a hybrid mode (both offline/online). It aims to build a basic understanding of the business and the family, and the inter-relationship between the two. It also helps women to explore their role in the family business or start a new entrepreneurial venture supported by family and networks. Sessions are led by experienced academicians, industry experts, and alumni. The flexible program structure allows participants to integrate it into their daily routines perfectly.

On successful completion of the program, the participants shall be awarded the ‘Certificate of Participation’ from SPJIMR, recognized by the Financial Times Master in Management Ranking 2023 as India’s number 1 business school.

In a message to aspirants, Prof. Tulsi Jayakumar, Executive Director, CFBE, and Chairperson, Post Graduate Programme in Family Managed Business (PGPFMB), said, “90 percent of businesses in India are family businesses. Women from business families play a silent role and constitute silent assets. LiFE seeks to realize the hidden gems among business families by providing structured learning about business and its various dimensions. The end goal of the program is to build knowledge and skills needed to run a business and also to build confidence and empower women in business families.” 

Since 1997, SPJIMR’s CFBE has pioneered formal learning for family businesses with its 18-month PGPFMB. The program aims to nurture and develop talent within Indian family businesses and has helped over 4,000 family enterprises with its unique pedagogy focused on next-generation leaders. CFBE provides a platform for networking, learning, and growth, helping family-run businesses to thrive by offering access to best practices and cutting-edge knowledge.

Eligibility

• Women from business families with little or no experience in their family business
• Should be at least an undergraduate degree holder
• Over 30 years of age
• Comfortable with English, as it is the medium of instruction

Important program information

• Batch commencing from September 03, 2024. Know more: https://www.spjimr.org/course/ladies-in-family-enterprise-life/
• Sessions shall be conducted twice a week over four months, followed by a business plan presentation.
• For important dates, please refer to: https://www.spjimr.org/course/ladies-in-family-enterprise-life/admissions/
• For more information about the LiFE program and the application process, please visit https://www.spjimr.org/course/ladies-in-family-enterprise-life/.
• Admissions are in progress. Aspirants should complete the application form via the online admissions portal at https://spjimr-pgpfmb.nopaperforms.com/spjimr-life-application-form

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