Pursuing an MBA, in Food and Agribusiness programs offers a curriculum that caters to the evolving needs of the agriculture industry. The agricultural sectors and food industries have played a role in supporting the growing population. Like many other nations, India is also an agro-based economy, and with initiatives that accelerated digitization and increased private sector involvement, this industry is set for growth and economic progress. Graduates with an MBA in food agribusiness management focusing on entrepreneurship and innovation have the opportunity to make an impact, on the world’s food system and contribute to the development of inclusive food systems.
Why Pursue an MBA in Food Agribusiness Management?
The area of food and agribusiness offers a wide range of opportunities for students with promising career paths. Graduates with an MBA in this sector have various alternative options with lucrative opportunities in both govt and private sectors. Here are some of the reasons to pursue an MBA food and agribusiness management program:
Career Opportunities and Industry Demand
The field of food and Agribusiness provides career options in both the private sectors. Individuals who graduate from this field can explore roles, like Production Manager, Sales Manager, and even pursue a career as an educator. Given the increasing demand for professionals in this industry obtaining an MBA in food and Agribusiness Management offers prospects, for a rewarding and high-paying career.
Academic Curriculum and Excellence
The Agriculture and Food Business field provides a high-quality education with its curriculum that covers areas of management, economics, and technology in relation, to the food and agriculture industry. Students gain the knowledge and skills required to thrive in this ever-changing world. The curriculum is designed to be relevant to the industry ensuring that graduates are well-prepared for career paths in both govt. and private sectors.
Entrepreneurial Opportunities and Agribusiness Startups
There are various opportunities for entrepreneurs in the food and agricultural industry providing individuals with a chance to make a difference. Startups in the food and agricultural sectors have the potential to bring changes in the agriculture and food business sector through their ideas and solutions. By combining creativity, expertise, and perseverance aspiring entrepreneurs can pave their way to success in this field.
Admission Process and Eligibility Criteria for MBA Food Agribusiness Management
Eligibility Criteria
Candidates should have a bachelor’s degree in agriculture or a related field with a minimum of 50% – 60% aggregate score.
Some universities/colleges may have specific eligibility criteria, so it is important to check with individual institutions.
Admission Process
Entrance Exams: Most universities and colleges require candidates to appear for entrance exams such as CAT, XAT, MAT, CMAT, etc.
Application: Candidates need to fill out the application form provided by the respective institution.
Group Discussion and Personal Interview: Shortlisted candidates are usually called for a group discussion and personal interview round.
Merit-Based Admission: Some institutions also offer direct admission based on merit, considering the candidate’s academic performance and other relevant factors.
What is an MBA Integrated Course?
The integrated MBA program is designed with a primary focus that students learn the insight of the food and agricultural business and build a solid foundation in the agricultural business. It is a 5-year program during which students in the first 3 years focus on their bachelor’s degree (BBA), and the remaining 2-years are dedicated to learning core principles of commercial application, financial skills, and practical aspects of business and management.
The initials first 3 years of the MBA integrated course are similar to a regular bachelor’s degree where students can study elective subjects such as French, Business History, Psychology, Sociology, etc. When the students have completed their BBA program in the integrated MBA program, students can choose their choice of specialization for the MBA degree as per their future aspirations and goals. In the second half of the program, many university offers a wide range of MBA integrated course such as marketing, finance, human resource, food and agribusiness, supply chain management, and much more. This part of the course focuses on delivering the students the knowledge of the business industry and imparting best practices enabling them to handle various business and managerial-level issues and also enhance their organizational business with cross-cultural methods.
Food & Agribusiness Management Career Scope in India
Professionals with MBA degrees in food and agribusiness can work for various business sectors from accounting, financial institutions, and banking sectors to farm management, global marketing, retailing, and much more. Here are some of the most preferred sectors for MBA professionals:
Banking Sectors: In the past few years banking sector has expanded significantly providing new opportunities for graduates to find employment in this sector. This industry plays a vital role in providing loans and expert advice to farmers.
Food Processing: Food processing plants from small-scale to large-scale serve as bridges between agriculture and distribution. The contribution of GVA (Gross Value Added) in 2019-20 was 1.69% approximately 2.24 lakh crore.
FMCG Sector: FMCG (fast-moving consumer goods) consists of small-scale consumer purchases made through retail stores, supermarkets, or online retailers. The contribution of the FMCG sector is close to 10% of India’s GDP. In India, it is the fourth largest sector in the Indian economy.
Retail Industry: The retail industry plays a vital role in marketing function by providing a wide range of goods and services to customers. This sector allows customers to access a wide range of items for their requirements and also assists other businesses in establishing a brand image.
MBA graduates are not only able to find employment in these industries but also start their careers as college or university professors in charge of teaching their students about farming sectors and agricultural science. The course curriculum focuses on various aspects of food and agribusiness such as soil structure, livestock management, and other aspects related to this industry.
Conclusion
In conclusion, MBA food and agribusiness management is a branch of business studies that deals with various aspects of food and agriculture focusing on the management of resource utilization, supply chain management, technology, agricultural equipment, etc. Pursuing an MBA in food and agribusiness management can promise you a wide range of career opportunities across India and abroad. Some of the renowned universities in India like Prestiges University provide MBA integrated courses where you can enroll for a 5-year program giving you the advantage of learning various concepts of business and building a solid foundation for your future career aspirations.
For more financial updates, consider visiting <a href="https://financesinline.com">Finances Inline</a> and get yourself updated with our Financial Journal.
