Jagpreet
28 June, 2024
Table of Contents
If India has to become a developed country, one must focus on its rural regions as the majority of the population is rural. Rural management is a vast field with core areas like agriculture, rural infrastructure, rural entrepreneurship, and governance. It’s a field that caters professionally to the under-served sections of the economy. It is a critical field which needs thorough rural dynamics and management skills to improve rural livelihoods. An MBA in Rural Management prepares management professionals in a way that they can bring forth equitable, sustainable and ecologically friendly growth in the society. That is why, employers prefer qualified MBA graduates to handle such critical responsibilities. Although there are other courses for this field, an MBA in Rural Management covers in-depth business and management aspects of rural development and has high credibility in the job market.
If you are seeking a lucrative career in this field, an MBA in Rural Management holds great prospects for your career growth. In this blog, we have covered the details of the course, colleges offering the programme, their fee structure, jobs in rural management and important facts.
Master of Business Administration in Rural Management is a 2-year postgraduate programme which focuses on overseeing rural and agricultural enterprises. This programme is delivered in both offline and online formats with a similar curriculum. Pursuing this programme enhances your chance of employment in the agriculture sector as well. The MBA in Rural Management programme will cover subjects like accounting, financial management, leadership and marketing in rural contexts.
It is an experiential learning programme that includes project work, case studies, and site visits. Its main component is to study the management theories and practices for economic development at the rural level and solve rural business problems. This course is designed in a way to enhance your prowess in designing, implementing, administering and measuring the effectiveness of rural projects. Those passionate about development and reaching the grassroots of economic development in India should go for this programme.
If you are still wondering how this course will benefit your career, let’s do a quick exploration of its plus points.
Find diverse career paths
Collaborative work environment
Career growth and advancement
Helpful for various government jobs
Make a difference in the society
Work towards the country’s economics development
Job security
Personal commitment
The eligibility for an MBA in Rural Management course differs in every university. The typical criteria for this programme are as follows:
Must have completed a bachelor’s degree from a recognised university with a minimum of 50% marks.
Must qualify for relevant MBA entrance exams such as CAT/MAT/CMAT or XAT.
In the case of an online MBA entrance exam scores are not mandatory.
Some institutions may require work experience of a few years.
The subjects you will be studying in the MBA in Rural Management are listed below:
Semester 1 | Semester 2 |
Essentials of Management | Financial Management |
Quantitative Methods in Business | E-Commerce |
Human Resource Management | Indian Financial Systems |
Computer Applications & MIS | NGO Management & Action Research |
Rural Society and Institutions | Rural Development |
Management of Social Empowerment | Management of Sustainable Agriculture |
Rural Markets and Marketing Management |
Semester 3 | Semester 4 |
Business Laws | Organisational Effectiveness & Change |
Environment and Natural Resource Management | Strategies for Sustainable Rural Development |
Energy Requirement in Agriculture & its Management | Industry and Agri-Business |
Management of Animal Husbandry, Dairying & Aquaculture | Rural Infrastructure |
Watershed Management | High Tech Horticulture |
Precisions Farming |
As stated earlier, India’s development depends on its rural upliftment. The government institutions focus on improving the lifestyle and infrastructure of the rural areas. This opens up varied career opportunities for rural management professionals. After your MBA in Rural Management, you can seek employment in NGOs, government agencies for development, co-operatives, micro-finance companies, research or consultancy work.
Rural management graduates are generally hired for the following job roles:
Job Role | Average Salary |
Rural Development Officer | INR 3 LPA |
Rural Manager | INR 21.3 LPA |
Business Development Manager | INR 7.4 LPA |
Research Consultant | INR 6.1 LPA |
Purchase Development Manager | INR 10.9 LPA |
Rural Executive | INR 4.5 LPA |
Public Relations Officer | INR 2.8 LPA |
Project Head | INR 28.6 LPA |
Public Policy Consultant | INR 20 LPA |
Agribusiness Manager | INR 6.3 LPA |
*The salaries listed above may vary depending on location, organisation, and level of experience
Source:Ambition Box
MBA in Rural Management is offered by a few colleges in India in both regular and online modes. The names of a few institutions with their fee structure are listed below:
Institution Name | Fee |
Devi Ahilya Vishwavidyalaya, Indore | INR 39,666 – for girls (full course) INR 60,422 – for boys (full course) |
Amity University, Kolkata | INR 3,40,000 |
Xavier Institute of Social Sciences | INR 8,90,000 (full course) |
Netaji Subhas University | INR 3,00,000 (full course) |
Subharti University | INR 2,41,000 (full course) |
Faculty of Management Studies, Delhi | INR 10,480 per year |
Faculty of Management Studies, BHU | INR 45,760 per year |
Xavier Institute of Rural Management | INR 6,50,000 per year |
Amul
NABARD
SBI
Mahindra Agri Solutions
Mother Dairy Fruit and Vegetable Pvt. Ltd.
Pidilite Industries Ltd.
ITC Ltd.
It is a well-known fact that a huge population of India is in rural areas. So the economic development of our country depends on rural development. It won’t be wrong to say that the rural management domain is in dire need of skilled professionals. This makes it easy for young professionals to benefit from the career opportunities this field holds. Therefore, pursuing an MBA in Rural Management is an ideal choice for a successful career in this field.
The scope of the rural development field in India expands to NGOs, rural development banks, and private or government companies. You can work as a rural development officer, business development manager, research officer, national sales development manager, etc.
After acquiring an MBA in Rural Management degree you can work as a business development manager, rural development officer, programme officer, research consultant and in other job roles.
The average annual salary as per the latest Ambitiob box statistics is INR 8.2 LPA. Depending upon various factors it varies between INR 3.6 LPA to 30 LPA.
In different colleges, the fee for an MBA in Rural Management ranges between INR 5 to 10 lakhs.
Individuals with a passion for uplifting the standards of rural regions and working on their development are ideal candidates for this course.