What is Family Business?
A family business is a commercial enterprise in which decisions are made and controlled by family members. There are many different types of family businesses, from sole proprietorships to large multinational corporations. The one common denominator is the business is controlled by members of the same family. Family businesses can be either first-generation businesses, where the founding family member started the company from scratch, or second-generation businesses, where the current generation of family members took over an existing business. Third-generation businesses are becoming more common as families continue to run businesses for multiple generations.

What can I do with a degree in Family Business?
There are many different things you can do with a degree in family business. You could start your own family business, or take over an existing one. You could also work in a family business as a consultant or advisor, or teach family business courses at a university.

Why is studying Family Business important?
There are many reasons why studying family business is important. It can help you better understand how to run a successful family business. It can also enable you to understand the challenges and opportunities that come with being in a family business. Additionally, studying family business can give you insight into the different dynamics at play in a family business, and how to best manage them. Studying family business can help you appreciate the importance of family businesses in the economy and in society more broadly.

What types of Family Business degrees are available?
There are many different types of degrees in family business. You could get a degree in business administration with a focus on family businesses, or earn a law degree with a focus on family businesses. There are also PhD programs in family business. These programs typically involve research on topics related to family businesses, such as succession planning, governance, and leadership.

What will I study during my Family Business degree?
Common courses include family business management, entrepreneurship, finance, and law. You will also likely take courses on topics specific to family businesses, such as succession planning and governance.

The United States of America commonly called the United States, is a federal republic consisting of fifty states and a federal district. The 48 contiguous states and the federal district of Washington, D.C. are in first North America between Canada and Mexico. The state of Alaska is in northwestern North America, west of Canada and east of Russia across the Bering Strait, and the state of Hawaii is an archipelago in the mid-North Pacific. The country also has five populated and nine unpopulated territories in the Pacific and the Caribbean.

Master-level studies involve specialized study in a field of research or an area of professional practice. Earning a master’s degree demonstrates a higher level of mastery of the subject.
Earning a master’s degree can take anywhere from a year to three or four years. Before you can graduate, you usually must write and defend a thesis, a long paper that is the culmination of your specialized research.