Are graduate studies available for this program? No
Can you major in this program? Yes
Can you minor in this program? Yes
Emphasis within the major: self-awareness, family systems, utilizing family involvement as a strategic advantage and how to consult with family enterprises
Popular second majors: finance, psychology, marketing, management, accounting
This program was the first of its kind in the nation.
This fact sheet is also available as a PDF.
What do the Gap, American Eagle Outfitters, Publix, Walmart, Ford, Motorola, Levi Strauss and Enterprise Rent-A-Car all have in common? All of these companies are family businesses, meaning there are two or more family members in the business who have substantial control or ownership. Family businesses are more than just the mom-and-pop grocery store in your neighborhood. They are some of the oldest, most successful and most sought-after employers in the world.
Because it's so important to consider how to combine business and family correctly, Stetson University's Family Enterprise Center (F.E.C.) has been helping students, professionals and family business owners since 1998. A campus survey revealed that 42 percent of the university's business school students and 37 percent of students across campus come from families involved in family business.
The Stetson University Family Enterprise Center is designed for you if your family owns a business (making you a member of the next generation) or if your clients will be family businesses (making you a professional advisor).
What makes the program distinctive?
With almost a decade of experience, four national awards, media coverage and a host of imitators, Stetson University's Family Enterprise Center is an acknowledged leader in family business curriculum, including the nation's first major and second-oldest minor in family business, a board of advisors that keeps the program grounded in practical, real-world experience and innovative and engaging programs.
Additionally, because families are a key part of the F.E.C.'s focus, students' families can be involved in their studies as both parents and business owners. This involvement may include being interviewed for coursework, attending information sessions, speaking to students or participating in seminars.
Academics and Research
Facilities and opportunities
The Family Enterprise Center hosts, twice annually, the Transitions Conference with its partner, Family Business Magazine. The conferences foster an innovative and intimate atmosphere that focuses on families willing to share their stories, connect with one another and look towards the future.
Preparation for graduate study
This major prepares students for graduate studies in law, business, psychology and organizational behavior.
Awards and Recognition
Dr. Greg McCann has been recognized by the Family Firm Institute with the lifetime achievement in family business education (the Barbara Hollander Award). He has won many other awards, including the Axiom Business Book bronze medal in 2008 for When Your Parents Sign the Paychecks, a Leavey Award from the Freedoms Foundation for Excellence in Private Enterprise Education, and a number of top Stetson University awards, among other national and international accolades.
Undergraduate awards and honors
The department gives the School of Business Foundation Merit Award for Family Business and the Successful Senior Award.
Beyond the Classroom
The family business internship is designed to provide students with the skills, credentials and experience to aid them in their professional development. The overall goal is to increase their marketability and feeling of self-worth.
By working in a family business that's not their own, students experience what it is like to be a non-family employee who is required to earn his or her credibility and act responsibly and professionally. They can also build off their knowledge of family systems and see how other family businesses are similar to and different from their own. Businesses where our students have interned include Angell & Phelps Chocolate Factory, Kermit's Key West Lime Shoppe, Merrill Lynch, Southern General and W. Jackson & Sons Construction.
Our alumni work as financial advisors, investor services advisors and data integrity analysts, among others. They work at companies that include Merrill Lynch, the New Orleans Hornets (NBA team), Armani, GenSpring Multi-Family Offices, MassMutual and Gartner.