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What are the Learnings in Agri-business Management?
Agribusiness management teaches students how to apply management principles to the agriculture sector to improve planning, finances, production, marketing, distribution and services. Students also learn how to use land, labor and technology efficiently in farming as well as how to adopt new farming techniques, precision agriculture and sustainable practices to improve agricultural productivity and quality. Other areas learnt in PGDM/MBA agribusiness colleges are agricultural product storage and distribution to consumers as well as sales in both domestic and international markets. The course teaches branding, budgeting, insurance and the issuance of credit and subsidies as needed. Understanding government policies on trade laws, food safety standards, labour laws and environmental laws is also an important part.
Why is Agribusiness Management so Important in India?
Agri-business management is more important in India than in many other countries as more than 65% of the population lives in rural areas. According to the Ministry of Agriculture and Farmer Welfare, agriculture and allied sectors contributed 18.3% of India's Gross Value Added (GVA) in 2022-23. However, India's agricultural production in a specific area is significantly lower than that of many countries, including China and the United States. The other critical factor is to ensure a consistent food supply of wheat, rice and pulses for 1.4 billion people.
The Top Ten Agri-business Management Colleges in India with IIRF, NIRF Rankings, Approvals and Accreditations
Four of the top ten agriculture business management colleges in India are located in Uttar Pradesh, two in Hyderabad and one each in Ahmedabad (Gujarat), Jaipur (Rajasthan), Pune and Sonepat. The four colleges in Uttar Pradesh are located in Lucknow, Noida, Greater Noida and Mirzapur. Out of the top ten MBA agriculture management colleges, seven MBA colleges in food and agribusiness are government and three are private.
The Best Ten Food and Agribusiness Management Colleges in India with Program Name and Duration, Eligibility, Selection Process, Fees and Placements
IIM Ahmedabad offers a degree in food and agribusiness management (MBA-FABM), whereas IIM Lucknow offers a PGP/MBA in agribusiness management (PGP-ABM). Some other colleges award the degree of MBA in agriculture. The table below shows the program names of the top 10 MBA colleges in agribusiness in India, as well as their eligibility, selection process, program fees and average packages.
Eligibility criteria for the programme are a graduation in any discipline in majority of colleges but some colleges require a graduation in an agriculture-related discipline. The percentage of marks in graduation varies depending on the entrance exams. Nestlé, PI Industries and PepsiCo etc are top recruiters for management institutes like IIM Ahmedabad and IIM Lucknow for their MBA course in agribusiness. Agribusiness graduates get managerial positions like agribusiness manager, supply chain manager, agriculture consultant and farm manager etc.
Note - At least 45% marks for candidates belonging to the SC and ST categories
Other Top Agriculture Business Management Colleges in India
A list of other top colleges offering MBA programs in agriculture business management or MBA/PGDM in Agribusiness, Rural Development or Rural Development and Agribusiness Management. XIM accepts entrance exams like CAT, XAT, GMAT and NMAT whereas entrance exams accepted are CAT, XAT and CMAT by IRMA. The syllabus of this course includes specializations in Food Supply Chain management, food processing, agribusiness consulting and agriculture finance.
FAQs
It varies by college; a few colleges require three years of graduation in any stream, while others require a four-year degree in agriculture or a related discipline.
IIM Ahmedabad is the best college in India that offers MBA - FABM (Food and Agribusiness Management).
BHU's Agribusiness MBA fees are the lowest at Rs 2.5 lakh.
MANAGE Hyderabad has the most PGDM seats in agribusiness of any of the top agribusiness colleges, with 120.
IRMA Anand, XIM University and Amity University etc. accept XAT score.
NAARM Hyderabad, IRMA Anand and Amity University etc accept CMAT score.
Leading Government colleges for agribusiness management are IIM Ahmedabad, IIM Lucknow, BHU Varanasi, National Institute of Food Technology Entrepreneurship and Management, Sonepat etc.
The best salary is offered to agribusiness graduates from IIM Ahmedabad and IIM Lucknow.
BHU Varanasi and NAARM Hyderabad are the best ROI management colleges for agribusiness.
