Kanhaiya Kumar
Table of Contents
What is an MBA in Rural Management?
One of the most important outcomes of an MBA in Rural is that it has a high job placement rate, MBA Rural management is a 2-year full-time MBA program, the classroom segment four semesters, and three fieldwork segments over two years.
You will find some important information below:
Rural Management programs teach students how to manage rural markets dominated by agriculture and associated goods made from locally accessible raw materials. For the last four decades, IRMA has been the pioneer management institution delivering rural management programs with a good placement record. Although IIM Ahmedabad and IIM Lucknow began their Agribusiness Management programs later, they also emphasize rural management in addition to Agribusiness Management.
MBA in Rural Management is known to apply management theories and practices to rural regions that have the potential to become high-growth markets in the future.
The courses in MBA Rural Management include planning, organizing, and making rural regions productive with profit-generating goods, as well as studying with the goal of developing cooperatives, agri-business, and linked activities.
Synopsis of MBA in Rural Management
Courses in rural management cover topics like how to apply management principles to the rural sector, how to define needs like access to funding and the existence of appropriate financial institutions (whether public or private), how to pique the interest of big business, what it’s like to live in the countryside now, and how to make improvements to farming and distribution methods. Experts in management are needed to simplify all of these facets of rural management, thus courses at Rural Management Colleges tend to concentrate on these difficult parts of rural management via a combination of theoretical study and hands-on experience with real-world problems. Internships and field trips to rural communities and businesses that source their goods there, as well as visits to cooperatives and small and medium-sized enterprises (SME), are all part of this kind of education’s pedagogically-focused approach.
IIM Ahmedabad FABM, IIM Lucknow ABM, IRMA PGDRM, XUB MBA Rural Management are only some examples of the Management programmes in Rural Management. A consistent rising demand for graduates in Rural Management, with high career prospects as reflected in higher salaries offered by the companies in the placement seasons over the past few years is a clear indicator of the importance commanded by MBA programmes in rural management.
MBA in Rural Management Quick Questions
Q. What are the opportunities following an MBA in Rural Management for someone who has no expertise in the area of BBA and does not come from a business background?
Ans. After finishing the course, applicants who are well informed of rising business trends, have strong leadership abilities, and can conceive of smart ideas to market a brand are ready to consider hiring firms. He or she does not need to be concerned about not having previously studied business.
Q. Is a BBA necessary to obtain an MBA in Rural Management?
Ans. No, a BBA is not necessary to enroll in an MBA Rural Management program.
MBA Rural Management Overview
| MBA Rural Management Course | Post-graduation |
| MBA Rural Management Duration | 2 years |
| MBA Rural Management Examination Type | Semester System/Year wise |
| MBA Rural Management Eligibility | Graduation |
| MBA Rural Management Admission Process | Entrance Based |
| MBA Rural Management Course Fee | INR 5,000 to 5 Lacs |
| MBA Rural Management Average Salary offered | INR 3 to 12 lacs per annum |
Is there a difference between an MBA in Rural Management and an MBA in Agribusiness Management?
MBAs in a variety of fields are fairly prevalent, however, most MBA candidates are unfamiliar with the MBA Rural Management or MBA Agri Business Management. So, before we delve into the top Rural management colleges in India offering Rural Management courses in India or Agri-Business Management courses in India, we should understand what a Rural or Agribusiness Management MBA is, how good these rural management courses in India are, and what career opportunities exist after completing the course of MBA in Rural Management or Agribusiness management.
While the fundamentals of an MBA in Rural Management and an MBA in Agribusiness Management are similar in that both programs concentrate on Agriculture and Rural Market Development based on Agriculture and associated activities, the primary distinction between the two is that the Agriculture business management program teaches you how to manage and develop agriculture and food production, greenhouses, vertical farming, and rooftop farming methods that can be done in rural locations.
As a result, the MBA in Rural Management allows you to learn how to plan, organize, direct, and exert effective control over rural area operations and development, including agriculture. Most MBA programmes in Rural Management are developed such that principles are implemented in real life via training in rural regions through case studies and rural immersion.
MBA in Agri-Business Management, on the other hand, concentrates on agriculture and related activities and integrates them with rural management. Agribusiness management operates on a separate set of norms. Lengthy investment cycles, long production cycles, production volatility, food safety difficulties, food security, and environmental repercussions are major aspects controlling the MBA in Agribusiness Management. Agri-Business Management guidelines fluctuate depending on the scenario.
MBA Rural Management: Admission Process
MBA Rural Management admission is done by national, state, or university-level entrance tests like CAT, XAT, SNAP, NMAT, and so on. Following the entrance test, admissions are based on a group discussion and a personal interview. The institutions utilize GD/PI to assess each candidate’s characteristics that cannot be quantified by their academic performance or admission test results.
MBA Rural Management: Eligibility Criteria
The basic MBA Rural Management qualifying requirements for all MBA programs are shown below.
- For MBA admissions, applicants must have a three-year or four-year diploma from a recognized board.
- Candidates must have a minimum of 50% or comparable CGPA at the undergraduate level, with a 5% relaxation for restricted groups.
- A minimum of 60% aggregate marks is required for admission to the top MBA institutions, IITs, and IIMs.
Benefits of MBA Rural Management
This sector has the potential to propel the economy ahead. This implies that it will contribute to major professional progress opportunities in the near future.
- Obtaining basic knowledge about funding, financial support, and the acquisition and distribution of funds to rural populations
- Learning about diverse rural processes and activities
- Accelerating long-term growth and profit potential
- Learning advanced agricultural methods, various development strategies, and the use of successful tactics in real-world situations
Scopes of MBA (Rural Management)
The number of MBA programs in rural management is quickly expanding in India. It is intended to offer candidates opportunities in numerous private enterprises in the next years. The government sector has extended its career chances for highly qualified persons as a result of the course’s dynamic characteristics and curriculum. Among the most popular hiring industries are:
- NABARD, Grameen Bank, and other banks
- The Government of India’s rural development projects
- Organizations that provide social guidance and do research
- Nongovernmental Organizations (NGOs)
- Consultancy
- Agriculture-related companies
- The rural cooperative industry
- Marketing and product management in agriculture
- Rural development initiatives funded by corporations
- On a Global Scale, Non-Governmental Organizations (NGOs)
- Volunteer groups in remote regions
- High-quality rural research infrastructure
Career Opportunities after MBA (Rural Management)
So, it’s expected that professionals in this area will be able to find job much more quickly. Long-term, this plan will boost the economy as a whole and provide hope to the country’s less fortunate citizens. Candidates will have access to a wide range of post-secondary options, including PhD programs, CBA programs, CRMA programs, CPIM programs, PMP programs, and so on, in addition to attractive professional chances.
People Also Ask
Q. What exactly is the MBA in Rural Management?
Ans. Students with an MBA in Rural Management have a variety of work prospects in rural development initiatives, the government sector, NGOs, financing agencies, volunteer groups and organizations, and so on.
Q. Is an MBA in rural development worthwhile?
Ans. MBA in rural development or any of the MBA specializations has great outcomes but it all depends on students’ reaction to the opportunities presented by the MBA course whether it is Sales/business development managers, rural development officers, researchers, rural executives, rural managers, senior program officers, trainers, researchers, consultants, project coordinators, and many more high-paying positions are available to those with an MBA in rural development and management.
MBA Rural Management Entrance Exam 2023
CAT and MAT are widely used in India as an entrance exams for MBA programs in rural management. MBA students are accepted at all IIMs by use of the Common Admissions Test (CAT). Most other MBA admission tests are only offered at individual universities or at the state level.
Top 10 MBA in Rural Management Colleges in India
In recent years, there has been a dramatic increase in people looking for prestigious universities that offer master’s degrees in rural management.
India is home to more than a hundred universities offering Master of Business Administration degrees in Rural Management. For more information, please contact Formfees, and we’ll be happy to provide you with a list of the top 10 Rural Management colleges that offer MBA programs in Rural Management and their associated tuition costs:-
| MBA in Rural Management College | Rural Management Fees (Rs. in Lakhs) |
|---|---|
| IIM Ahmedabad | 22.51 |
| IIM Lucknow | 14.16 |
| IRMA Anand | 12.10 |
| Welingkar Mumbai | 13.00 |
| MANAGE Hyderabad | 8.00 |
| IIFM Bhopal | 6.39 |
| XUB-Xavier School of Rural Management (XSRM) Bhubaneswar | 12.20 |
| Xavier Institute of Social Service (XISS) Ranchi | 8.0 |
| KIIT School of Rural Management Bhubaneswar | 1. 6.47 2. 7.49 |
| Tata Institute of Social Sciences (TISS) – School of Rural Development, Tuljapur campus | 1 to 1.5 |
| Indian Institute of Plantation Management Bengaluru (IIPMB) | 3.50 |
| IIHMR University, Jaipur | 5.25 |
Top Colleges for MBA in Rural Management
| Name of Institute | Average Fees (INR) |
|---|---|
| University of Delhi, Faculty of Management Studies | 10,480 |
| Indian Institute of Health Management and Research | 5,25,000 |
| Jamnalal Bajaj Institute of Management Studies | 1,02,000 |
| Christ University | 1,53,000 |
| Department of Management Studies IIT Delhi | 4,00,000 |
| Symbiosis Institute of Business Management | 4,68,000 |
| Department of Management Studies, Indian Institute of Technology | 2,09,000 |
| Bharathidasan Institute of Management | 5,33,000 |
| Department of Management | 77,500 |
| ICFAI Business School | 1,65,000 |
| CMS Business School, Jain University | 3,88,000 |
| International School of Business and Research | 3,50,000 |
| Motilal Nehru National Institute of Technology | 51,151 |
| Faculty of Management Studies, Banaras Hindu University | 30,765 |
| Cochin University of Science and Technology | 26,555 |
| Department of Management Science, Savitribai Phule Pune University | 66,264 |
| GIBS Business School | 2,55,000 |
| Amrita School Of Business | 4,11,000 |
| Flame University | 5,80,000 |
Top MBA in Rural Management Colleges in Pune
Listed below are the top colleges offering MBA in Rural Management in Pune:
| Institution |
|---|
| DY Patil Institutes of Management |
| ISMR |
| International School of Management Studies |
| Zeal College of Engineering and Research |
Top MBA in Rural Management Colleges in Chennai
Listed below are the top MBA in Rural Management colleges in Chennai:
| Institution |
|---|
| The Gandhigram Rural Institute |
| Welingkar Institute of Management |
| IIBMS, Chennai |
Top MBA in Rural Management Colleges in Bangalore
Listed below are the best MBA in Rural Management colleges in Bangalore:
| Institution |
|---|
| IIM Bangalore |
| Alliance University |
| Christ University |
| GIBS Business School |
| CMS Business School |
Top MBA in Rural Management Colleges in Kolkata
Listed below are the best MBA in Rural Management Colleges in Kolkata:
| Institution |
|---|
| IIM Calcutta |
| IMI Kolkata |
| Adamas University |
| St Xaviers University |
| Amity University |
Top MBA in Rural Management Colleges in Hyderabad
Listed below are the best colleges offering MBA in Rural Management in Hyderabad:
| Institution |
|---|
| IFHE Hyderabad |
| IMT |
| University of Hyderabad |
| IPE Hyderabad |
Top MBA in Rural Management Government Colleges
There are several government colleges in India offering MBA in Rural Management. Listed below are the best government colleges in India:
| Institution |
|---|
| IIT Delhi |
| IIM Bangalore |
| IIM Calcutta |
| IIM Lucknow |
| IIM Ahmedabad |
Top MBA in Rural Management Private Colleges
There are top private colleges in India offering MBA in Rural Management in India with the best infrastructure and faculties. Listed below are the best private colleges:
| Institution |
|---|
| LPU, Jalandhar |
| Chandigarh University, Punjab |
| SIMS, Pune |
| MSU Baroda |
| Techno India University, Kolkata |
Study MBA in Rural Management Abroad
Students interested in studying abroad might pursue the Diploma in Electronics and Communication Engineering Abroad. MBA in Rural Management programs in other countries are pricey, but they feature world-class facilities and faculty.
Depending on the specialty, the MBA in Rural Management overseas takes three years. Aside from that, pupils will have global exposure to the disciplines and cultures. The following are the top colleges overseas, along with their associated fees:
Top MBA in Rural Management Colleges Abroad
Listed below are top colleges abroad offering MBA in Rural Management:
| Institution | Fees |
|---|---|
| University of Oxford | GBP 33220 |
| Harvard University | USD 46690 |
| University of Greenwich | GBP 25670 |
| University of California | USD 41722 |
| Stanford University | USD 17501 |
| Yale University | USD 54650 |
| New York University | USD 52538 |
| Northeastern University | USD 32160 |
| Coventry University | USD 53346 |
| Columbia University | USD 59105 |
NOTE: If you have any questions regarding Fees, you should visit the official website.
MBA Rural Management Syllabus
Semester I
- Human Resource Management
- Managerial Economics
- Essentials of Management
- Quantitative Methods in Business
- Computer Applications & MIS
- Rural Society and Institutions
- Management of Social Empowerment
- Financial & Managerial Accounting
Semester II
- Financial Management
- Research Methodology
- Rural Development: Concepts, Models and Programs
- Management of Sustainable Agriculture
- E-Commerce
- Indian Financial System
- Management of NGOs & Action Research
- Rural Markets and Marketing Management
Semester III
- Environment and Natural Resource Management
- Energy Requirement in Agriculture & its Management
- Management of Animal Husbandry, Dairying & Aquaculture
- Watershed Management
- Business Laws
- Global Business Environment & Rural Management
Semester IV
- Organizational Effectiveness & Change
- Rural Infrastructure
- High Tech Horticulture
- Strategies for Sustainable Rural Development
- Industry and Agri-Business
- Precisions Farming
MBA in Rural Management Conclusion
The term “rural management” is used to describe the subject of study that focuses on rural economics, agribusiness, the establishment, operation, and administration of cooperatives and enterprises in rural regions. If you’re interested in helping your country’s agricultural industry grow into a major economic force beyond farming, this is a promising area to pursue a career in. The focus of an Indian master’s degree in rural management is on implementing urban management theory in rural settings. CSR departments of organizations concerned with people’s means of subsistence, microfinance institutions, small financing banks, corporations, and governments all have a need for MBAs with a concentration on rural management.
The fieldwork component of an MBA with a specialization in rural management requires students to go to rural regions, interact with, and stay with locals, while an internship with a rural organization offers them practical experience in the field. Let’s investigate what an MBA in Rural Management may do for your career.
Frequently Asked Questions:
Q. Why Should You Pursue an MBA in Rural Management?
Ans. Students interested in pursuing an MBA in Rural Management should be well-versed in the courses. They should be aware of the most important information concerning these topics. Some of the queries that students have include, “What is an MBA in Rural Management?” and “Why an MBA in Rural Management?” We may divide these inquiries into three short questions to make them more manageable.
Q. What is an MBA in Rural Management?
Ans. MBA in Rural Management is a two-year postgraduate degree that focuses on rural management concepts, cooperative planning, organization, and control, and agricultural cooperatives and allied organizations. Students will learn how to design, organize, and manage rural and agricultural companies.
Q. What Does a Rural Management MBA Graduate Do?
Ans. Students may pick their specialization based on their preferences and the field in which they want to work. After finishing their graduate degree, students will have several job choices in exciting and diversified professions.
Rural Development Officer: In this position, personnel assist the senior manager in overseeing activities of work under the rural development program, such as project implementation progress and management.
Q. Why an MBA in Rural Management Can Help You Get a Good Job?
Ans. MBA in Rural Management is a highly lucrative and challenging job that provides students with several chances in top organizations in India and throughout the world. As a result, students are drawn to the MBA in Rural Management program.
Career Role Diversity: Graduates of this programme have access to a wide variety of job opportunities. Because the specializations accessible to students are relatively versatile, they may pursue a broad variety of responsibilities in their careers.
