IIM Lucknow opens new two-year MBA in Family Business; Phase 1 closes 31 December

IIM Lucknow has launched a two-year MBA in Family Business at its Noida campus, designed for business owners and the next generation of leaders in family-run enterprises. The programme was announced on 16 October 2026 and the first batch commences in the first week of July 2027.

Applications are accepted in two phases. The Phase 1 last date for submission of a completed application is 31 December 2026, with personal interviews in March 2027. The Phase 2 window runs from 1 January 2027 with a last date of 2 April 2027 and interviews in May 2027. The institute marks these dates as indicative, so confirm them on the programme page before you apply.

Shortlisting does not require a CAT score. Candidates are shortlisted on standardised test scores, namely GMAT, GRE or the IIM Lucknow entrance exam, and shortlisted applicants then appear for a personal interview. This makes the programme a route into an older IIM for family business candidates who did not write CAT 2026 or who are not targeting the flagship MBA.

The curriculum combines management education with family-business specific content and experiential learning, and is designed to draw on the IIM Lucknow Enterprise Incubation Centre. Applying in Phase 1 is generally advisable where a programme runs sequential rounds against a fixed batch size. For eligibility, fee payment schedule and the brochure, see the programme page, or contact the Admissions Office at the IIM Lucknow Noida campus.