MBA in Rural Management

MBA in Rural Management

MBA in rural management is equipped with the study of advanced lessons in the application of management principles to the rural sector, planning, organization, and control of cooperatives and related organizations in the field of agriculture.

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This course, organized by many deemed universities in India, is a two-year management course that will provide students with education regarding planning, organizing, and controlling enterprises of the rural sector.

Entrance exams are conducted annually for admission to an MBA in rural management. These exams include CAT, MAT, XAT, GMAT and others. The minimum eligibility criteria for admission to a rural management course is at least 50 % in aggregate in undergraduate courses. 

XIM University, KIIT School of Rural Management, and Chitakara Business School are some of the universities that offer specializations for MBAs in rural management. The average fee may range around ₹ 1.5 lakhs to ₹ 3 lakhs. Although this is the range of some of the government colleges in India, private colleges will be charging more as compared to the government ones. 

Rural Management MBA Course Highlights

The program highlights such as course level, course duration, fees and average package of the students enrolled for the program in rural management are mentioned in the below table. Students can refer to this table as the important features of the program are mentioned. 

Particulars 

Details 

Course Level 

Postgraduate 

Duration 

2 years

Examination type 

Semester-wise/year type 

Eligibility 

UG Degree with at least 50% aggregate marks

Admission  Process 

Entrance based 

Course Fees

₹3.50 Lakhs to ₹15.70 Lakhs

Average Package 

₹ 9.0 Lakhs per annum to ₹ 14.14 Lakhs per annum. 

Top reliable recruiting companies 

Amul, Godrej Industrial Limited, Nestle India Pvt. Ltd, Britannia Industries Ltd, ITC Limited, Parle Products Pvt. Ltd, Agro Tech Foods, ICICI Bank, HDFC Bank, Naandi Foundation, PRADHAN, CARE, SEWA, BAIF, Seva Mandir, and many more. 

Most available recruiting areas

Insurance firms, educational institutions, Tata Teleservices, financial institutions, Amul Shriram Group, ICICI Bank, financing for rural and agricultural areas, etc.

Most available Job Positions 

Among them are managers of sales and business development, rural development, research, senior program officers, trainers, consultants, research, purchase/vendor development managers, sales officers, and national sales development managers.

Rural Management key points

  1. Candidates become confident in using their understanding of management and development theories to address different business-related issues in rural areas. On the other hand, they promote social, political, and economic development in rural areas. 

  2. Encourage critical and analytical thinking in an individual so that when the candidate decides on rural issues, those decisions must be supported by facts and data. 

  3. Build a leadership capacity based on values to assist rural communities.

  4. Proficiency and comfortability in comprehending, evaluating, and conveying the global, economic, legal, and ethical facets of rural business and development.

  5. Candidates graduating in a rural management course must be capable of efficiently contributing to the atmosphere of a rural setting and leading both themselves and others in the accomplishment of organizational goals.

  6. Adept at organizing, fostering, and growing creative social and commercial ventures in rural areas.

  7. Ability to plan, carry out, oversee, and assess strategic initiatives, plans, and regulations for rural development. 

MBA in Rural Management Degree Scope 

An MBA in Rural Management course enhances the employability of people so that they receive good job opportunities in the agricultural sector. The syllabus of the MBA in Rural Management emphasizes imparting knowledge and case studies that assist in managing a firm or company. It encompasses accounts, financial management, leadership skills and marketing knowledge in the context of the Rural industry. This course provides a career lift that assists in a career change with improved salary packages and excellent networks in the agriculture sector.

MBA Rural Management programs also consist of projects, assignments and case studies that assist students in practicing and resolving real-time business issues while they study their management program

How to Apply

Admission to MBA programs in Rural Management is determined by national, state or university-level entrance exams like the CAT, XAT, SNAP and NMAT, among others. Following the entrance exam, admissions are determined by a group discussion and in-person interview. To assess each candidate's qualities that cannot be gauged by their academic standing or exam results the institutes employ GD/PI. 

The minimum requirement for admission to an MBA program in rural management is at least a 50% cumulative score attained from a Bachelor’s degree in any discipline from a recognized university. For admission in IIMs and IITs, the required aggregate percentage is at least 60%.

Eligibility Criteria 

This section lists the requirements needed for qualifying for the admission in MBA in Rural Management are as follows:

  1. Students/Candidates must have completed a full-time Undergraduate course of three to four years from an accredited institution in any field of study.

  2. Students/Applicants must have scored at least 50% aggregate CGPA in their undergraduate program. A 5% relaxation is granted for restricted categories in India.

  3. Students/Candidates must score more than 60% as an aggregate score to get admission into prestigious MBA schools like IITs and IIMs.

MBA in Rural Management: Admission Process

Admissions to MBA in Rural Management courses are determined by various entrance exams conducted at the national, state, or university level. Some of the exams are CAT, XAT, GMAT, SNAP, and NMAT. After getting a score in the entrance exam, which can apply to a particular university entrance, it will be followed by group discussions and personal interviews. 

To assess each candidate's qualities that cannot be gauged by their academic standing or admission exam results, the institutes employ GD/PI. 

There are few entrance exams conducted every year focused mainly for the admission in MBA universities in India

  • CAT, officially called the Common Admission Test, is the main entrance exam conducted every year, mostly in November, focused mainly on the admission process for an MBA in management universities. This test has three sections, which are verbal, ability, quantitative ability, logical reasoning, and data analysis.

  • The Xavier's Aptitude Test, or XAT for short, is a national online entrance exam used to choose students for management programs at prestigious universities. More than 150 Indian colleges, including XLRI, SPJIMR, XIMB, IMT, and TAPMI, accept the score. January is usually when it is carried out.

  • The National Testing Agency (NTA) administers the Common Management Admission Test (CMAT), a nationwide admission exam. The purpose of this exam is to create a shortlist of graduate applicants for admission to PGDM and MBA programs at more than 1,000 business institutions. January is usually when it is carried out.

  • SNAP: Symbiosis National Aptitude (SNAP) is conducted in a single session for the candidates aspiring to pursue an MBA / M.Sc. program offered by the Institutes of Symbiosis International. It is generally conducted in December.

Subjects

MBA in rural management is filled with the study of advanced lessons in the application of management principles to the rural sector, planning, organization and control of cooperatives and related organizations in the field of agriculture. Subjects like Micro Economic Analysis, Rural Production and Livelihoods, Rural Society and Polity, Rural Finance and Commercial Banking and many others enable the students to learn the leadership skills needed to serve the rural areas that need development. 

Subjects 

Micro Economic Analysis

Rural Production and Livelihoods

Rural Society and Polity

Development Research Methods


Macro Economic Analysis

Natural Resource

Development Theory and Practice

Policy and Programme Interventions for Rural Development

Rural Finance and Commercial Banking

Management of Co-operatives & FPOs

Human Resource Development

ICTs for Development

MBA  Rural Management Job Positions

Job Positions 

Position Details

Rural Development Officer

Candidates with this job role help the Senior Program Manager to look after activities of work under the Rural Development Program, which includes checking venture implementation progress, administration, and management of agreements and contracts.


Business Development Manager

Here, the main role is to improve the company's standing in the market nationally as well as globally and also attain financial expansion. 

Research officer

The main job role of the person sitting in this position is to direct research ventures at every stage from early to last and also to coordinate and ensure that all ventures and errands are going as planned. 

Sales Officer

This job role offers retail items, merchandise, and services to clients. 

National Sales Development Manager

He or she is in charge of developing effective marketing and promotion strategies while working with various company executives.

Agri-Entrepreneur

Candidates who are planning to start and manage their agribusiness venture are primarily focused on new innovative, unique solutions to handle the rural agricultural challenges.

Rural Management Consultant 

The main job role of this position is to guide government agencies, NGOs and private companies regarding rural development initiatives 

Policy Analyst 

Evaluate issues on rural development, make policy suggestions, and help create successful solutions for rural areas.

Farm Manager

Effectively and efficiently look after agricultural fields, maximizing output and profitability via the use of contemporary methods and sustainable practices.

MBA in Rural Management: Top Recruiters

Here is a list of some of the top recruiters in India for specialization in the Rural Management field under MBA. 

Name of some of the top recruiters in Rural Management in India

Vedanta CSR

Amul

ITC Ltd (Agribusiness Division)

NDDB Dairy Services 

NABARD

Tata Group 

NAFED

Godrej Agrovet Ltd

ADM Agro Industries

Mother Dairy 

National Collateral Management Services Ltd. (NCML)

Adani Wilmar Ltd


Rural Management Colleges 

Here is a list of rural management colleges in India. The top ones are IIMs and the Institute of Rural Management, Anand. India houses several premier and prestigious management colleges; however, only a few offer degrees in rural management. 

Institute of Rural Management Anand

College Name 

Program Name

Duration 

Fees 

Chitkara Business School, Rajpura-Patiala

MBA in Rural Management

2 Year

7.0 Lakhs

KIIT School of Rural Management

MBA in Rural Management

2 Year

12.90 Lakhs

Institute of Rural Management Anand

PGDM- RM 

2 Year

13.6 lakh

XIM University 

MBA-RM

2 Year

15.70 Lakhs

The Neotia University

MBA in Rural Management

2 Year

3.89 Lakhs

S. B. PATIL INSTITUTE OF MANAGEMENT, PUNE

MBA

2 Year

3.50 Lakhs

Karnataka State Rural Development and Panchayat Raj University  Gadag

MBA in Rural Management

2 Year

1.06 Lakhs

Prin L.N Welingkar Institute of Management Development and Research, Mumbai

PGDM in Rural Management

2 Year

14.00 Lakhs

Colleges with specialisations in Rural Management/ Specialised MBA/PGDM in Rural Management: Average Package 

A specialized MBA in Rural Management majorly focuses on topics related to the growth of rural areas. This includes Rural project planning, microfinance, public policy-making and rural marketing. The students interested in this course can go through the table to learn about more such colleges. The fee of the respective colleges is also mentioned below.

College Name 

Program Name

Duration 

Average Package 

Chitkara Business School, Rajpura-Patiala

MBA in Rural Management

2 Year

-

KIIT School of Rural Management

MBA in Rural Management

2 Year

9.0 Lakhs per annum

Institute of Rural Management Anand

PGDM- RM 

2 Year

14.14 Lakhs per annum

XIM University 

MBA-RM

2 Year

-

The Neotia University

MBA in Rural Management

2 Year

-

S. B. PATIL INSTITUTE OF MANAGEMENT, PUNE

MBA

2 Year

-

Karnataka State Rural Development and Panchayat Raj University  Gadag

MBA in Rural Management

2 Year

-

Seacom Skill University

MBA in Rural Management

2 Year

-

Prin L.N Welingkar Institute of Management Development and Research, Mumbai

PGDM in Rural Management

2 Year

12.14 Lakhs per annum

 MBA in Rural Management: Future Scope 

Students who wish to advance their career in the same field may opt for postgraduation i.e., a Ph.D. in any area of interest after an MBA in Rural Management. The candidate must have passed a two-year postgraduate program and GATE or UGC-NET exams for eligibility.

In order to enhance their chances of admission Ph.D. applicants are required to provide a research proposal, a letter of recommendation, and work experience. Whereas PhD programs overseas may take between four to seven years, PhD programs in India may take three to five years to complete.

An MBA in Rural Management can prove to be one of the most fulfilling professional options for any graduate especially in India. The program teaches students about the problems and possibilities of the Indian rural economy. This program equips the students with the skills and knowledge related to the rural sector.  Students have the chance to meet the villagers and farmers know their needs and problems and devise innovative solutions that enhance their present situation. Rural Development has been the concern of the Indian government ever since the independence of the country and now the concern has shifted to professionals who need to plan and manage this sector.

Even in the current scenario the corporate sector is concerned about the development of the rural sector and they are always on the lookout for professionals with exposure to rural management. Some of the main points that need to be considered about the future perspective regarding rural management are acquiring smooth data dedicated to funding, financial aid, procurement and disbursal of funds to rural residents. Acquiring knowledge of various rural procedures and activities and also equipping the skills and knowledge of modern cultivation techniques, unique methods of farming and adoption of efficient methods that bring prosperity to rural regions

Conclusion

Concluding fact that an MBA in Rural Management provides the knowledge and skills that they can apply to offer rural social, political and economic development and solve rural business issues. The program also enables the students to develop analytical and critical thinking for evidence or data-driven decision-making for rural issues. This degree will help the students to build a value-driven leadership capacity to serve rural communities. 

With the help of this degree students can manage themselves and others in order to accomplish organisational objectives and contribute positively to a working team within the rural setting.Students get skilled at planning and developing innovative rural social enterprises and businesses.

FAQs

Yes. There is a growing need for MBA graduates in India as well, and many prestigious firms worldwide are seeking Indian graduates with an MBA in rural management. Numerous polls and estimates indicate that the demand for MBA degrees will increase by 12% following the COVID-19 pandemic.

Some of the crucial skills required for an MBA in Rural Management are given below: Analytical Thinking Accounting Skills Business Intelligence Financial Modeling Logical Reasoning Time Management Interpersonal Skills

No, certainly a BBA degree is not required to pursue an MBA Rural Management course.

Poverty, lack of access to healthcare and education, and environmental degradation are some of the issues that rural communities frequently confront. Through the creation and application of policies that support social welfare, economic expansion, and environmental preservation, rural managers play a critical role in resolving these problems.

The chance to truly impact people's lives is among the biggest advantages of choosing a career in rural management. Lack of access to healthcare, fewer economic possibilities, and poor infrastructure are just a few of the particular difficulties that rural communities frequently confront.