Agricultural Business Management Course Guide- Agri-Business or Agricultural Business is the business of agricultural production, also known as cultivating creation. The term was produced in 1957 by Goldberg and Davis. It includes agri-chemicals, crop production (farming and contract developing), distribution, breeding, ranch machinery,processing, and seed supply, likewise as marketing and retail sales. To put it plainly, all variables of the nourishment and fiber quality chain and those foundations that effect it are a bit of the Agricultural Business Management system.
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Within the agriculture industry, the term “agribusiness” is used pretty much as a blend of cultivating and business, insinuating the extent of activities and requests wrapped by current sustenance era. There are academic degrees in and branches of agribusiness, Agricultural Business trade affiliations, Agricultural Business publications, and so forth, around the globe.
Why Agricultural Business Management Course?
India being an agricultural country, has a lot to develop in this sector when it comes to Agri-business. And for that Agricultural Business management is an essential course, which must be both encouraged and accepted. With this aim in mind, many B-schools have taken up the cause of popularizing this specialization of Management studies in India and hence have begun teaching it as a main career choice. This initiation has resulted in a number of youngsters and students taking up Agricultural Business Management as their career and hopefully will lead to a prosperous country with maximum agricultural production.
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Is agribusiness a good career?
Graduates in agribusiness, agricultural science, and food science are in high demand. Candidates having agricultural business management degree have seen steady increases in their salaries due to a combination of increased demand and a lack of available workers. As a result, the majority of graduates now have a wide range of career options available to them.
Agricultural Business Management Course- Eligibility
A candidate should have a graduate degree in any discipline with minimum qualifying marks. Alongside, every college has its separate minimum eligibility norms. Before applying for a institute, carefully read the entire eligibility terms.
Agricultural Business Management Course Topics
The various topics taught under Agricultural Business Management are varied according to the syllabus formulated by the institutions but the few common and basic topics covered under Agricultural Business Management are:
- Agricultural markets
- Agricultural pricing
- Agricultural law
- Futures trading
- Agricultural economics
- Farm management
Agricultural Business Management Course- Top Indian MBA Colleges
Recently popularized specialization of MBA, Agricultural Business Management is taught in many institutions that offer Degrees or Diploma programmes in MBA. There are a few of them which particularly specializes in this subject. A few of the top institutions concerned with MBA in Agricultural Business Management and the courses offered in them are:
- Indian Institute of Management, IIM Ahmedabad- Post Graduate Program in Agribusiness Management
- National Institute of Agricultural Extension Management- Post Graduate Diploma in Management-Agri Business Management
- Indian Institute of Forest Management– Post Graduate Diploma in Forestry Management
- Vaikunth Mehta National Institute of Cooperative Management- PGDM – Agri Business Management
- Symbiosis Institute of International Business– MBA in Agri Business
- ITM University, Gwalior– MBA in Agribusiness
- ASM Institute of Business Management & Research, IBMR- MBA in Marketing Management
These Institutes offer specialized knowledge focused upon the Agricultural sector, along with a detailed view of how Business can help promote proper marketing and best possible Agribusiness strategies.
Agricultural Business Management Course Fees
|S.No||Level||Maximum Fees||Minimum Fees|
|1||UG||2.29 Lakhs in Sam Higginbottom Institute of Agriculture, Technology and Science, Allahabad||1.3 Lakhs in Jharkhand Rai University, Ranchi|
|2||PG||19.5 Lakhs in Indian Institute of Management Ahmedabad||0.15 Lakhs in BK School of Business Management, Gujarat University, Ahmedabad|
AgriBusiness Job and Salary
Candidates obtaing a degree in agribusiness can apply for different positions in the given industries.
- Dairy industry
- Marketing Research
- Agri input (Seed, fertilizer, pesticide)
- Banking and NBFCs and microfinance
- Animal feeding industry
- Agri Commodity
- Consulting firm
- Rural development/livelihood
- Agro meteorology
The average salary after getting a job in Agribusiness Management is between $49,318 to $82057 per year in US. Whereas in India, people can make salary between 5LPA to 12 LPA depending on their experience.
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