The MSc Family Business at Bayes draws on over 20 years of Bayes expertise in family business teaching and research to prepare you for leadership at the ownership level. Designed for individuals from business-owning families, as well as those pursuing careers in advisory, investment, and professional services, the programme focuses on how family enterprises are sustained, governed, and grown across generations. It is led by Professor Ajay Bhalla, a leading authority in family business.
You will build a strong foundation in management while developing specialist expertise in family enterprise leadership, strategic renewal, and wealth stewardship. The emphasis is on navigating the realities of ownership, from continuity and growth to capital allocation and long-term value creation.
In the final term, you tailor your learning through electives aligned with your interests and career ambitions, deepening expertise in areas most relevant to your future path.
Watch our recorded information session for prospective students and families, with founding director Ajay Bhalla.
Dr Aneesh Banarjee and Professor Ajay Bhalla introduce our new, uniquely designed MSc Family Business, created for the next generation of family business owners. 2 minutes
What are the career outcomes?
Graduates will be able to shape strategy and drive growth within family firms, support investment and governance decisions in family offices and private investment vehicles and advise family enterprises as consultants and trusted advisors.
For those pursuing careers in wealth management, private banking or professional services, the specialist focus on family clients equips you with a deep understanding of ownership, legacy and long-term value creation – capabilities that are highly valued by employers worldwide.
Why study Family Business in London?
Studying at Bayes places you at the heart of the City of London, one of the world’s leading centres for finance, professional services and entrepreneurship. You’ll benefit from proximity to family offices, advisory firms, banks and investors, alongside frequent engagement with practitioners who shape the family enterprise landscape globally.
Why choose MSc Family Business at Bayes?
- Study a specialist MSc dedicated to the growth of family enterprises, focused on resilience, renewal, and long-term value creation.
- Develop an owner’s mindset by learning from globally connected faculty at the forefront of family enterprise research and practice.
- Collaborate on live industry projects exploring succession, transformation, and growth alongside business leaders and practitioners.
- Develop AI literacy through dedicated workshops and opportunities to apply advanced AI tools in your assessments for a modern, technology-enabled workplace.
- Benefit from Bayes' integrated career strategy, embedded throughout your postgraduate studies to help you develop leadership and professional skills from day one.
- Connect with peers through Bayes Business Clubs, including Consulting, Finance, and Marketing, expanding your professional network beyond the classroom.
What will I learn?
You will graduate with the knowledge and skills to lead, grow, and govern family enterprises. By the end of the course, you will:
- Develop strong management foundations in finance, accounting, strategy, economics, people management, and data-driven decision making to support effective leadership in complex business environments.
- Build specialist expertise in family business, including governance, succession, intergenerational leadership, and the distinctive dynamics that shape family enterprises.
- Understand how to sustain and grow family enterprises across generations, balancing financial performance, stewardship, and family legacy while creating long-term value.
- Have strong practical problem-solving and decision-making skills through case-based projects, live consulting briefs, and collaborative group work that reflect the real dynamics of family firms and stakeholder relationships.
- Develop both collaborative and individual capabilities, combining group assessments with individual research, presentations, and reflective work to foster critical thinking, personal insight, and professional development.
