BSc in Business Administration - Family Business in Boston United States | Northeastern University

As your first year comes to an end, you'll reach a key professional milestone by selecting a concentration in one or more of our core business disciplines. Choosing the family business specialization will equip you for careers either within family enterprises or as a consultant to such businesses.

This program explores the unique challenges of family-owned enterprises (commercial entities primarily controlled by a single family unit, including members connected through blood relations, marriage, or adoption). The curriculum combines academic theories with real-world applications to deepen your knowledge of family business operations and the professional experiences of working in or advising these organizations.
Family businesses represent commercial entities predominantly owned and managed by related individuals, forming the backbone of global enterprise. These organizations face distinctive challenges as business choices frequently intersect with family relationships, particularly in areas like leadership transitions and corporate oversight. This concentration aims to illuminate the specific obstacles, advantages, and operational methods characteristic of family-run enterprises.

The program addresses both familial and commercial aspects of these organizations, examining topics such as shared values, conflict resolution, competitive dynamics among relatives, employment policies, organizational management, expansion strategies, and leadership transitions. Designed for aspiring family business professionals and advisors, it offers both conceptual models for understanding this business structure and actionable insights for working with family-controlled companies.