MBA in Rural Management: Overview, Courses & Subjects, Jobs, Top Colleges, Admission Process
With more than 60 percent Population of India living in Rural Areas and offering high potential business market, the MBA Rural Management has emerged as one of the most popular MBA courses and many top MBA colleges including IIMs are offering this programme. MBA Rural Management is a 2-year postgraduate degree program that grooms the students into various aspects of Rural Business strategy and become Rural Managers. The demand for rural managers is rising consistently and more and more MBA Rural Management Courses in India are being introduced. Going by a rough estimate as revealed by the recently changed Government’s policies for Rural Development, the day is not far when more than 50 percent of India’s marketing, finance and human resources management programmes will require more and more qualified professionals with MBA in Rural Management courses.
The MBA rural management jobs are also on the rise. Not only at campus placements, the job opportunities for qualified MBAs in Rural Management are available with high salary packages outside as well. More and more multinationals are attracted towards the skilled professionals with MBA in Rural Management to cater to the needs of huge potential of rural market in India. Average Salary for students with MBA in Rural Management course varies from INR 10 LPA to INR 20 LPA depending on ranking of institution.
MBA Rural Management is offered by many top MBA Colleges in India including IRMA, IIM Ahmedabad, IIM Lucknow, XIM University among others. To be eligible to pursue MBA in Rural Management, you should be a graduate in any discipline with 50% or more marks from a recognized university. To get admission into MBA Rural Management, you should take entrance exams like CAT, XAT, NMAT, CMAT, MAT. MBA Rural Management fees vary between INR 10 lakhs to INR 25 lakhs depending on the MBA college.
To learn more about MBA Rural Management, read the article below. Check the list of top MBA Rural Management, given below, and click on the college/program name for complete information.
MBA Rural Management is a two year full time post graduate program in Management. The programme offers learning and managing the rural markets which are prominently dominated by agriculture and allied products by using locally available raw material. MBA in Rural Management applies the management theories and practice with their modified process meant for rural areas that can be converted into high potential market in future. The planning, organising, making the rural areas develop fruitfully with profit generation for the products, studying with a view to develop the cooperatives, agri-business and allied activities are part of the courses in MBA Rural Management.
MBA Rural Management course is divided into Six Trimesters ( Four Semesters) spread over two years. The MBA Rural Management course provides in-depth coverage in terms of Theoretical and Experiential Learning along with core management principles in the first year followed by advanced courses and electives in the second year. In addition to academics, the pedagogic approach is devoted to fieldwork in every trimester.
In the first year MBA in Rural Management syllabus is more or less to develop the foundation of the student with leadership skills. In the second year the specialization areas in MBA in Rural Management syllabus are different. The rural management courses include the application of management principles to the rural sector, defining the requirements like making available the required finance, the public or private sector banking institutions operating, inculcating the interest of corporate sector, the extant rural life style and proposed changes in improving the production and marketing strategy of agriculture produce, rural products, establishing meaningful Self Help Groups (SHGs) to consolidate the rural produce and getting high return on it. Since management experts are required to streamline all these areas in rural management, the Rural Management Colleges adopt a focused pedagogy of studying these challenging aspects of rural management which is more practical, case study based than class room based. Field visits and stay in rural areas, industries manufacturing products procured from rural areas, co-operatives, SHGs are part of focused pedagogy and internships. The key subjects in the MBA in Rural Management course are:
The MBA in Rural Management has seen a steady rise in Jobs and Profiles as the need for rural managers is rising year after year. As a result more and more students are taking up MBA rural management courses as preferred career option. National and Multi Nationals are realizing the importance of Rural and Agribusiness market. While AMUL is one of the top examples of cooperative brands offering high placements to graduates in Rural Management and Agribusiness management, number of top recruiters like Adani, Reliance, Tata, Godrej, EY, KPMG, Ninjacart, Cloudtail among others are offering lucrative jobs and profiles to students with MBA in Rural Management.
Career placement opportunities on completion of MBA in Rural Management exist in the Industries like Dairy Processing; Fruit and Vegetable processing; Chicken & Meat Processing; Retail Industry; Financial Services; Private Sector Banks; Public Sector Banks; Small Finance Banks; NBFCs working in Agri and Rural Sector; Micro Finance; Agri Commodity Trading Sector; Agri Warehousing Sector; Development Sector; Cooperatives and FPOs; Agri Export Houses; E Commerce; Teaching & Research; Agri Input Industry; Seeds; Fertiliser; Agrochemicals; Farm Machinery and Equipments; Cattle Feed; Poultry Feed; Aqua Feed; Food Processing Industry. Besides, there are immense opportunities in banks, logistics and consultancy firms for MBAs in Rural management. The food processing sector also requires trained professionals.
IRMA, IIM Ahmedabad, IIM Lucknow, XIM University have registered 100% placements for their MBA Rural Management programme with an average salary in the range of Rs.10 LPA to 30 LPA. A consistent increase in salaries in Placement offers from reputed recruiters to graduates with MBA in Rural Management adds to the rising popularity of this course.
IRMA Anand, IIM Ahmedabad, IIM Lucknow, XIM University, Welingkar Mumbai among others offer 2 years full time residential MBA in Rural Management course. MBA Rural Management is a post graduate course. Apart from these B-schools, several other Management Institutes also other MBA Rural Management either as a standalone Management Program or as a key specialization in their General or Agri Business Management program. Check details.
MBA Rural Management Fees for two years is in the range of Rs.15 lakhs to Rs.25 lakhs depending upon the type of MBA Rural Management college. For example, IRMA MBA Rural Management Fees is Rs.16.75 lakhs + Other deposits and expenses, IIM Ahmedabad fees is Rs.25 lakhs for two years.
The eligibility criteria for MBA Rural Management Admission are:
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