MBA in Rural Management: Details, Eligibility, Fees, Scope

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Jagpreet

28 June, 2024

MBA in Rural Management: Details, Eligibility, Fees, Scope

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.

What is an MBA in Rural Management?

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.

Benefits of MBA in Rural Management

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

Eligibility of MBA in Rural Management

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.

MBA in Rural Management Syllabus

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 

Scope of MBA in Rural Management in India and Career Opportunities

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

Top MBA Colleges for Rural Management in India

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

Top Recruiters for Rural Management Graduates

  • Amul

  • NABARD

  • SBI

  • Mahindra Agri Solutions

  • Mother Dairy Fruit and Vegetable Pvt. Ltd.

  • Pidilite Industries Ltd.

  • ITC Ltd.

Summing Up

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.

FAQs

Q1. What is the scope of Rural Management in India?

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.

Q2. What can I do after my MBA in Rural Management?

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.

Q3. What is the salary for an MBA in Rural Management in India?

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.

Q4. What are the typical fees for an MBA in Rural Management?

In different colleges, the fee for an MBA in Rural Management ranges between INR 5 to 10 lakhs.

Q5. Who should consider an MBA in Rural Management?

Individuals with a passion for uplifting the standards of rural regions and working on their development are ideal candidates for this course.


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