MBA in Agri-Business Overview
MBA in Agri-Business is a specialised programme in business administration. It is a postgraduate course of two years duration. In most institutions, Master of Business Administration in agri-business is a programme covered over four semesters, with each semester being of six months and each year consisting of two semesters. The course in agri-business refers to the management of businesses related to farming and food production. It is also linked to agrochemicals, seed supply, farm machinery procurement, food processing and distribution, and retail and wholesale marketing.
MBA in Agri-Business course opens several career avenues for students, as they are trained in almost every aspect of agricultural business management. Students pursuing this course not only learn about the management principles and financial analyses of varied types but also gain the knowledge of managerial economics, marketing, organisational behaviour, people management, production, operations management and research methods used in agri-business management. Students even learn about business laws, management information systems, project management, seed production technology, chemicals and materials handling, and fertiliser technology.
MBA in Agri-Business Course Availability
Several B-schools and universities in India offer this specialised course in agri-business management. However, not all institutions offer the same quality of education to students. Following is a listing of such private and public institutions that offer an impactful MBA in Agri-Business programme:
Please note that most of the institutions in India offer an MBA in Agri-Business programme on a full-time basis. The course fee also varies from one institution to another. Usually, the course fee ranges between INR 2 lakhs and INR 8 lakhs. Students should check the course fee before applying to any institution for admission in its MBA programme. They should also have monetary resources to support their MBA studies.
MBA in Agri-Business Skills Required
Although students should be interested in the domain of agricultural business and food production and marketing, it is also essential for them to hold some other important skills in order to excel in MBA in Agri-Business course and make full use of their education in the field. Some of these necessary skills include the following:
Basic knowledge of agricultural practices, operations, and technology
Passionate about bringing a positive change to the agricultural scenario in the country
Enthusiastic about agricultural research
Resource and people management skills
Leadership and teamwork abilities
MBA in Agri-Business Job Prospects
As the country offers a wide range of job options in the agri-business industry, students who complete the MBA in Agri-Business course can explore various types of roles suitable for them. Some of these job roles can be of operation officers, market analysts, financiers, agricultural policy analysts, sales managers, farm appraisers, sales managers, commercial executives, and investment analysts. While they can work with the food and supply departments, they can also try relevant job roles in agricultural product processing firms.
Further, students who pursue an MBA in Agri-Business course may also be interested in teaching. Such students can find the roles of lecturers in the agri-business management subjects taught at B-schools and universities. On the other hand, some students can associate themselves with the food production and agricultural businesses. They can work in the corporate and retail agricultural sectors. There are wonderful job prospects in areas like technical monitoring, quality assurance, project management, etc.
Apart from the above, students of MBA in Agri-Business course can hone themselves to start their own businesses in the agricultural sector. They can move into the sales or processing of some agricultural products. Interesting job opportunities also exist in the import-export firms that deal in agricultural products. If students decide to do further studies in this domain up to PhD level, then their career prospects can increase manifold. Agri-business experts, after completing MBA, can expect to get a starting salary between INR 2 lakhs and INR 10 lakhs. It depends on the kind of roles and business they work with.