MBA Agribusiness: Course, Eligibility, And Universities

Agribusiness is a sector that involves farming and related activities that encompasses the production, processing as well as distribution of agricultural goods. Commercial activities pertaining to the production supply of food grains are a part of this field.  This sector is an integral part of a country’s economy. India’s agriculture sector accounts for the country’s 18% of GDP and provides employment to 50% of the country’s workforce. There’s plenty of room to advance this sector. Thus, many students are moving forward to make a career in the very field. Pursuing a course in Agribusiness can give you the correct exposure for the same. Many top universities overseas offer MBA Agribusiness. If you are looking for potential MBA programs in Agriculture, here is an insightful blog that will walk you through major aspects of pursuing MBA Agribusiness. 

Course	MBA Agribusiness
Duration	2 Years
Eligibility	Bachelor’s degree with minimum 50%
Admission	Merit/Entrance Based
Course Fees	INR 8,00,000 – 15,00,000 annually
Average Salary	INR 6,00,000 – 10,00,000 per annum

Know all about a Top Agriculture Courses!

What is MBA Agribusiness?

Agribusiness is a specialization within the framework of a Business Administration degree. MBA Agribusiness is a postgraduate degree program of 2 years. The program is designed to train future mid and upper-level executives in the food and agriculture industries. The course focuses on the management of the sector, problems that farmers face, part of the processors, food retailers, and branded consumer goods manufacturer’s role. The program is best suited for individuals aspiring to pursue a career in the agriculture industry as well as future consultants and investment bankers. Candidates learn several aspects involved in Agribusiness Management and Global Food Supply Chain Management. Pursuing MBA agribusiness can allow you to explore the areas of production, marketing, and trade-related to agriculture. 

Also Read: MBA in Agriculture – A Complete Guide

Check Out: MSc Agriculture

Top Universities forMBA Agribusiness Abroad

There are several prestigious colleges offering excellent MBA Agribusiness programs across the globe. If you are looking to pursue MBA Agribusiness, we have listed some of the best institutions for you:

• GISMA Business School, Germany
• Hainan University, China
• Guizhou University College of Management, China
• Ningxia University – School of Economics and Management, China
• University of Applied Science, Canada

Top MBA Agribusiness Colleges in India

Here are the top MBA Agribusiness colleges in India:

• IIM, Ahmedabad
• IIM, Lucknow
• KIIT School of Rural Management, Bhubaneswar
• MANAGE, Hyderabad
• IIFM, Bhopal
• IRMA, Anand
• Xavier School of Rural Management (XSRM), Bhubaneswar
• Parul University, Vadodara
• Tata Institute of Social Sciences (TISS), Tuljapur
• Indian Institute of Plantation Management Bengaluru (IIPMB)

Distance Education

A few renowned universities offer MBA in Agribusiness through distance education which is conducted online. Students can receive an online degree from these universities and kickstart their career in the field. Here the major colleges offering MBA Agribusiness through distance learning:

• School of Distance Education, Pune
• National Academy of Agricultural Research Management, Hyderabad
• National Institute of Agricultural Extension Management, Hyderabad

Check out the top universities in the world offering distance education MBA Agribusiness course:

• Rushford Business School Geneva, Switzerland
• Agribusiness Academy, Newcastle, United Kingdom

Must Read: Harvard MBA 2+2 Program

Eligibility Requirements

To pursue this course from top universities, the candidate must satisfy certain prerequisites. Even though the minimum eligibility criteria may vary from one university to another, here are some of the conditions you must fulfill to study MBA Agribusiness:

• The applicant must possess a bachelor’s degree in Agriculture or allied disciplines like Agricultural Engineering, Dairy Technology, Dairy Science, Food Sciences, Food Technology, Forestry, Horticulture, or Veterinary Science, etc. from a recognized board of education.
• Certain universities require students to have a working background in business or a relevant industry of some years.
• Some universities also require students to submit GRE or GMAT scores to get admission to the course.

Latest: MBA Application Deadlines & Notifications 2020-2021

MBA Agribusiness Syllabus

The core course taught in MBA Agribusiness is meant to expose students to a wide range of Business-related subjects at postgraduate level. Here is a semester-wise breakdown of MBA Agribusiness syllabus:

Semester 1	Agro-business management Managerial economics Principles of Management Management principles and values Financial Accounting Quantitative Techniques Economics of Business
Semester 2	Operation management Production management Computer application in business Professional management Organizational behavior Rural economy Professional Communication
Semester 3	Seed production technology Material management Business laws Business ethics E-commerce Watershed management Rural banking set-ups Rural development
Semester 4	Specialization Dissertation Strategic management Rural infrastructure Horticulture development

Let’s explore some of these MBA Agribusiness subjects in detail:

Agricultural Development
Before delving into the advanced and real-life application of agribusiness-related concepts, the course aims to develop a solid understanding of Agricultural Development where students learn about several aspects involved in agricultural production and operation. The subject focuses on sustainable development providing students with scientific and practical knowledge about farming, aquaculture, food processing, economic development, quality management, and natural resource management. 

Agricultural Marketing
MBA Agribusiness provides students with the concepts involved in moving an agricultural product from the farm to the consumer. Students learn planning, organizing, directing, and handling agricultural products in a way to satisfy farmers, intermediaries, and consumers. 

Farm Management
Farm Management involves the making and implementing of the decisions involved in organizing and operating a farm for maximum production and profit. It draws on Agricultural Economics for information on prices, markets, agricultural policy, etc. Students learn various steps such as collecting, reporting, relating, and forecasting data on farm and agricultural management. 

Also Read: MBA Courses in Canada

Agricultural Law
MBA Agribusiness provides students with an in-depth understanding of various laws and policies related to Agriculture. The course involves different areas of laws such as Environmental Laws, Tax Law, Real Estate Law, and International Trade Treaties. Students get to learn various aspects of implementing these laws in a real-life work environment. 

Scope

Agribusiness studies provide job opportunities in various sectors. People with this degree provide manual labour,  logistical support, and sales for the company. They also combine farm-related activities with science and indulge in agriculture operations or crop analysis. As farming has evolved from traditional agriculture to the commercial sector, the demand for qualified individuals with proper knowledge is also increasing. Agribusiness aims at streamlining farming operations so that the prices remain at equilibrium. In a developing country like India where the population is largely dependent on the agriculture sector, agribusiness management holds importance and the scope is wide. It will grow in the coming year.

Job Profiles & Salary

After graduating with MBA in Agribusiness your salary will range between INR 4,00,000- 10,00,000 annually. Here are popular job profiles with salary structures from PayScale:

FAQs

Thus, we hope that this blog helped you understand the essentials of MBA Agribusiness. If you’re planning to pursue professional courses in the Business and Management sector, get in touch with us at Leverage Edu, our experts can help you choose a suitable course. We will provide you with the best guidance and support.