Structure & Content

Modules eMA FESH

Optional preliminary course in business administration

  • Intended for all non-Business graduates who want to build up a general knowledge base before starting. 
  • Introduction to general business administration. 
  • Fundamentals of corporate management, marketing and organization.
  •  Fundamentals of corporate finance and investment accounting as well as the basics of economics.

Mandatory modules

12 modules & projects | worth 58 ECTS credits


Module 1 | The governance of family businesses 

  • Specific challenges of family businesses and their special features and characteristics 
  • Corporate and family governance as well as inheritance law 
  • Significance and handling of advisory boards 
  • Family strategy and succession planning 
  • Introductory day on scientific methods
Module 1 eMA FESH


Module 2 | Asset Investment, Financing and Controlling 

  • Introduction to professional asset investment, asset allocation and asset classes 
  • Familiarization with the family office concept 
  • Knowledge of accounting from a controlling perspective 
  • Acquisition of an understanding of investment and financing calculations 
  • Practical exercises to prepare for contacts with banks, tax consultants and auditors 
  • Current research in the field of financing family businesses
Module 2 eMA FESH

Module 3 | The Strategy of Family Businesses 
  • Discussion of classic strategy models and their specific applicability for family businesses
  • Importance of the topic of negotiation skills in all strategic decisions 
  • Strategic options for family businesses 
  • Strategic process by and for family businesses 
  • Implementation of strategic processes using practical examples
Module 3 eMA FESH


Module 4 | Leadership competence for family businesses 

  • Fundamentals of leadership and leadership models for family businesses 
  • Possible leadership roles of the senior and junior generation 
  • Leadership and its embedding in the corporate culture 
  • Personnel recruitment, employer branding and incentivization 
  • Dealing with issues of employment law and employee representation
Module 4 eMA FESH


Module 5 | Marketing for family businesses 

  • Branding and brand management for family businesses 
  • Familyness and its advantages and disadvantages in marketing 
  • Practical exercises on PR for family businesses 
  • External and internal communication for family businesses 
  • Dealing with press and media representatives
Module 5 eMA FESH


Module 6 | Innovation management in family businesses 

  • Various models for innovation processes in family businesses 
  • Necessary framework conditions for successful innovation projects 
  • Resistance to innovation in the specific case of family business structures 
  • Open innovation, lead user and crowd sourcing approaches 
  • Maintaining innovative strength in generational succession
Module 6 eMA FESH


Module 7 | The sustainable growth of family businesses 

  • Structural analyses of the M&A markets with a view to family businesses 
  • Differentiation of the motives for mergers and their special features for family businesses 
  • Elaboration of the relevant aspects with regard to the growth challenges of family businesses 
  • Challenges and solution approaches for growth strategies in terms of sustainability
Module 7 eMA FESH


Module 8 | The family business and its environment 

  • Discussion of all relevant interfaces of family businesses and their environment 
  • Political environment of family businesses and opportunities for participation 
  • Insights into processes in politics and administration with a focus on family business issues 
  • Associations, networks & promotion of SMEs 
  • Corporate social responsibility
Module 8 eMA FESH


Module 9 | The family business in global markets 

  • Content-related preparation and raising awareness for the international learning expedition
  • Discussion of country-specific facts from the target region 
  • Preparation and topic identification for the Master's thesis
Module 9 eMA FESH


Module 10 + 11 | International Learning Expedition 

  • Joint exploration of the special challenges and opportunities of family businesses in an international context 
  • Challenges of globalization for family businesses 
  • Integration and reflection of current research results on the reality experienced in the target country 
  • Reflection of the contents of the previous modules with the realities of the target regions
Modules 10 + 11 eMA FESH


Module 12 | Current issues for family businesses 

  • Presentation of project work 
  • Current issues for family businesses 
  • Personal succession process and its reflection 


Module 12 is conducted by external subject specialists and lecturers from Zeppelin University.

Module 12 eMA FESH

Individual Projects


to the extent of 10 ECTS credits 


  • Active connection between the theory learned and your own personal practice 
  • Individual choice of a project topic 
  • Transfer experience and practical benefits for the family business 
  • Continuous supervision by a professor from the degree program
Individual Projects eMA FESH

Masters period

to the extent of 30 ECTS credits


Final module

  • Master's colloquium
  • Master's thesis
  • defense
Master period eMA FESH

Program management

Klaiber, Christian-Titus
Klaiber, Christian-Titus Dr
Institute Manager Friedrichshafen Institute of Family Entrepreneurship | FIF
Program Director eMA FESH and Business Development
Phone:+49 7541 6009-1284
Room:Semi 0.12
Time to decide

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