MBA in Agri-Business

Highlights, Eligibility, Syllabus, Top Colleges, Career Prospects

Updated on 4th June 2024 | 5:00 pm | #MBAinAgriBusiness

MBA in Agri-Business is a two-year postgraduate degree program which has an interface of business management and agriculture. It addresses all sorts of things relating to crops, food production and the business aspects related to farming. One of the main curriculum themes is understanding, creating, and sustaining agricultural assets targeting commercial businesses and research on farm management. For this, one has to obtain a graduation degree in agriculture or any relevant field from a recognized university.

Also, it is compulsory to appear for some entrance exams like CAT, MAT, XAT, or other state-level exams. However, tuition fees for the course differ according to the Institute, ranging from INR 3 to 8 lacs per annum. The initial pay scale for the candidates in India, after completing this programme, varies between INR 4 to 15 Lacs per annum depending on the college one has attended and their employability.

MBA in Agri-Business: Course Highlights

Agriculture is the primary occupation in India, covering 70% of the population. With the rising demand for advanced studies in agriculture, it has evolved into a specialization as a whole, providing equal importance to a significant chunk of society.

The table below provides a comprehensive overview of the key details related to the MBA in Agri-Business program:

Attribute

Details

Course Name

Master of Business Administration in Agri-Business

Course Level

Postgraduate

Program Duration

2 years

Eligibility Criteria

Graduation in Agriculture or allied fields

Entrance Exams

CAT, MAT, XAT

Career Prospects

Farm Appraiser, Agricultural Policy Analyst, Farm Manager, Quality Controller

Average Starting Salary

INR 4 to 15 Lacs (annually)

Average Annual Fee

INR 3 to 8 Lacs (varies by institute)


Scope of MBA in Agri-Business in India

Pursuing an MBA in Agribusiness can be a strategic choice. Since India holds the 2nd position in agricultural and farm output, this course holds promising scope for a career. The following are some of the reasons this specialization should be pursued:

  • It is worth taking MBA degree in Agribusiness as the world of business production in the agricultural sector is expanding at a fast pace, and there is a need to have well-equipped employees who are conversant with the challenges that come with this sector.
  • MBA in Agri-Business offers protection and development to the industry if appropriately pursued.
  • Graduates can play an essential role in agribusiness development in both the public and private sectors.
  • Salaries that MBA Agribusiness graduates get in India range from 4-15 Lakhs annually.
  • Completing the MBA in AgriBusiness offers career prospects for addressing issues such as food availability and other profiles like the Crop Producer, Agricultural Analyst, and Market Analyst, among others.

Eligibility Criteria for MBA in Agri-Business

Getting into your preferred B-school is a dream to many but you should know the path to get into one. You should be aware of the eligibility criteria before planning on pursuing MBA in Agri-Business, which typically include the following:

  • The minimum qualification and experience that the candidates applying for the MBA in Agri-Business must have included a minimum of 50% marks in graduation.
  • Having agriculture or allied farming as a main subject in graduation is often mandatory.
  • The requirements for acceptable MBA programs in Agri-Business may differ from one institute to the other.
  • Other institutes may demand that contenders have prior working experience in the sector of agriculture.

To pursue an MBA in Agri-Business in India, several entrance exams are commonly accepted by top institutions. The primary entrance exams considered for this course include:

  • CAT (Common Admission Test)
  • MAT (Management Aptitude Test)
  • XAT (Xavier Aptitude Test)
  • CMAT (Common Management Admission Test)
  • ATMA(Association of Indian Management Schools (AIMS) Test for Management Admissions).
  • ICAR AIEEA (Indian Council of Agricultural Research All India Entrance Examination for Admission)

List of Top Colleges offering MBA in Agri-Business

When it comes to pursuing an MBA in Agri-Business in India, several reputable institutions are there that are offering specialized programs. Here are some top choices:

No.

College/Institution

Location

Approximate Fees (INR)

1

Indian Institute of Management, Ahmedabad (IIM A)

Ahmedabad

₹25 Lakh

2

Indian Institute of Management, Lucknow (IIM L)

Lucknow

₹19.25 Lakh

3

Institute of Rural Management Anand (IRMA)

Anand, Gujarat

₹18.6 Lakh

4

National Institute of Agricultural Extension Management

Hyderabad

₹8.50 Lakh

5

Symbiosis Institute of International Business (SIIB)

Pune

₹16 lakh

6

National Institute of Agricultural Marketing (NIAM)

Jaipur

₹6 Lakhs

7

College of Agribusiness Management (CABM)

Pantnagar

INR 3,00,000 Lakh

8

Indian Institute of Plantation Management (IIPM)

Bangalore

INR 2.43 Lakh

9

Amity Business School

Noida

INR 5 lakh

10

Jamia Hamdard

Delhi

INR 2,20, 000


Syllabus for MBA in Agri-Business

The MBA Agribusiness syllabus is typically divided into four semesters, providing a strong foundation in agricultural business. This course often gives clarity on managerial decisions when it comes to agriculture and related management subjects.

Semester-Wise topics of MBA in Agribusiness are provided in the table below:

Semester

Topics

I

Principles of Management and Organization Behaviour

Managerial Economics

Business Communication

Agribusiness Environment and Policy

II

Business Law and Ethics

Human Resource Management

Corporate Finance for Agribusiness

Project Management and Entrepreneurship Development

III

Legal Aspects of Agribusiness

Corporate Social Responsibility

Rural Development

Business Models, Business Plans, and Business Cases

IV

International Marketing in Agribusiness

Agricultural Research and Development Management

Agribusiness Strategic Management

Agribusiness Risk Management


Career Prospects after MBA in Agri-Business

MBA in Agribusiness can offer promising career prospects in India, especially considering the significance of the agriculture sector in the country. This specialisation has a lot of scope because of the increased demand, especially for freshers.

Here are some potential career paths and salary expectations given below for your reference:

Career Path

Job Opportunities

Salary Range (Approx.)

Agribusiness Management

Agribusiness Manager, Marketing Manager, Supply Chain Manager

₹4-10 lakhs per annum

Agricultural Finance

Agricultural Finance Manager, Agri-credit Analyst

₹4-8 lakhs per annum

Commodity Trading and Marketing

Commodity Trader, Marketing Manager

₹5-8 lakhs per annum

Consulting

Agribusiness Consultant, Agricultural Policy Analyst

₹4-7 lakhs per annum

Entrepreneurship

Starting your own agribusiness venture

Variable, potentially higher

FAQS

MBA in Agribusiness offers diverse management, finance, marketing, and entrepreneurship opportunities within the dynamic agricultural sector.

Yes, MBA in Agribusiness offers lucrative opportunities and is a rewarding career path with strong demand in the agricultural sector.

Eligibility for agriculture management typically requires a minimum aggregate score of 50% at the graduation level in any discipline.

IIM Ahmedabad, IIM Lucknow, Amity University Noida, and IMS BHU offer notable MBA programs focusing on agriculture.

The salary of MBA in Agribusiness can range from INR 4 lakhs to INR 15 lakhs per annum in India.

Suggested Readings

MBA Beginner's Guide Top MBA entrance exams MBA Specialization Types of MBA