According to a report by the National Skill Development Corporation (NSDC), the agribusiness sector in India is expected to create around 16.5 lakh jobs by 2023.
Agriculture is the backbone of the Indian economy, and with the increasing demand for food and agricultural products, the need for efficient management of agricultural resources has become imperative. To meet this growing demand, the MBA in Agribusiness Management (MBA in ABM) has emerged as a popular programme in India, providing students with the necessary knowledge and skills to excel in agribusiness.
In This Article:
- MBA Agribusiness Admission Process
- MBA Agriculture Fees
- MBA in Agri Business Management Subjects
- MBA ABM Scope
- Is It Worth Doing an MBA in Agribusiness?
- MBA (Agribusiness Management) at KSRM
- Wrap Up
What is the MBA Agribusiness Admission Process?
The admission process for an MBA in ABM usually involves a written entrance exam followed by a personal interview. Some of the popular entrance exams for this course include CAT, MAT, XAT, and CMAT. The eligibility criteria for these exams include a bachelor’s degree in any discipline with a minimum of 50% marks. Some colleges also require work experience in agriculture or allied sectors.
MBA Agriculture Fees
The fees for an MBA in Agribusiness Management vary depending on the college and location. On average, the fees for this course range from Rs. 4-15 lakhs for the two-year programme.
What Are MBA in Agri Business Management Subjects?
The course curriculum for MBA ABM includes a combination of management and agriculture-related subjects. Some of the core subjects include Agriculture Economics, Agribusiness Marketing, Agri-Finance, Supply Chain Management, Agricultural Policy and WTO, Strategic Management, and Entrepreneurship.
What is the MBA ABM Scope?
According to a survey conducted by MBAUniverse.com, the average ROI for an MBA in Agribusiness Management is around 150%.
The agribusiness sector in India has immense growth potential and provides ample opportunities for those with the right skills and knowledge. With the increasing demand for food and agricultural products, professionals need to manage the entire supply chain of agriculture-related products, from production to marketing.
MBA ABM graduates can expect to find jobs in agribusiness companies, food processing firms, seed and fertiliser industries, rural development agencies, and government organisations.
Is It Worth Doing an MBA in Agribusiness?
Yes, an MBA in ABM is worth doing for the following reasons:
- An MBA in Agribusiness Management provides students with a unique blend of management and agriculture-related skills, making them highly sought after by agribusiness firms.
- The course curriculum focuses on the entire agribusiness value chain, from production to marketing, and helps students develop the necessary skills to manage and optimise the process.
- The course also provides an understanding of agricultural policies and rural development, making graduates well-equipped to work in government organisations and NGOs.
- Some of the popular career options for MBA in Agribusiness Management graduates include:
- Agribusiness Manager
- Farm Manager
- Agricultural Marketing Manager
- Agricultural Economist
- Rural Development Manager
- Agricultural Supply Chain Manager
Overall, an MBA in Agribusiness Management offers students a rewarding and fulfilling career in the growing field of agribusiness.
Revel in the Culture of Learning by Doing at KIIT School of Rural Management
KIIT School of Rural Management (KSRM) offers an MBA in Agri-Business Management programme, a unique course that combines management principles with the agricultural sector.
The course is spread across two years and comprises four semesters. The curriculum is structured to cover core management subjects such as finance, marketing, and human resources, alongside specialised courses related to agribusinesses, such as supply chain management, agricultural marketing, and agri-entrepreneurship. The programme provides a practical learning experience through industry visits, internships, and live projects.
KIIT School of Rural Management has experienced and knowledgeable faculty members who have expertise in their respective fields. In addition, they employ innovative teaching methodologies, including case studies, simulations, and role-playing exercises.
The programme’s main objective is to produce competent managers to help the agriculture sector grow and develop sustainably. Graduates of the programme can expect to have career opportunities in various domains, such as agricultural marketing, agri-input management, agricultural production, rural banking, and many more.
Overall, the MBA in Agri-Business Management programme offered by KIIT School of Rural Management is an excellent opportunity for individuals interested in pursuing a career in agribusiness. The programme provides a unique blend of management and agricultural education, which can help students develop a holistic understanding of the agricultural sector and become successful professionals in the industry.
Hence, an MBA in Agribusiness Management is an excellent choice for those interested in pursuing a career in agriculture. With a growing demand for food and agricultural products, the course provides students with the necessary knowledge and skills to succeed. Make your degree even more lucrative by pursuing an MBA in ABM from KSRM.