Benefits of MBA In Rural Management

Benefits of MBA In Rural Management

Edited By Himanshu Shekhar | Updated on May 21, 2020 05:27 PM IST | #MBA

Benefits of MBA In Rural Management - More than 50 percent of the Indian population reside in rural areas. Above 45 percent of the GDP is contributed by the agriculture sector. Hence, for Indian economy to be vigorous, the rural economy needs to grow. Major areas in rural India are still plagued by obstacles of poverty, illiteracy, unemployment, malnourishment, lack of basic infrastructure, sanitation to name a few. Thus, for upliftment of rural India, many educational institutions have come up with MBA in Rural Management, MBA in Rural Development as well as MBA in AgriBusiness Management. Some of the B-Schools that provide MBA in rural Development are IRMA Anand, KIIT School of rural Management, Institute of Management Sciences, Lucknow, IIHMR University, Jaipur etc., MBA Specialization in rural Management involves the application of management practices and principles in the rural sector for its advancement. To make India a developed nation, there is a need to nurture professionals who can help in uplifting the rural face of India.

Benefits of MBA In Rural Management
Benefits of MBA In Rural Management

Benefits of MBA In Rural Management

We are aware that Indian cities have seen some or other kinds of developments but not rural India. Problems of rural areas have led youth to leave their homes and move to Urban areas for a better quality of life which could be compared to the brain drain. To abolish such movement practices, we need to exhilarate the rural economy as well. Candidates who have such desire opt for MBA in Rural Management, MBA in Rural Development as well as MBA in AgriBusiness Management. Some of the major advantages associated with studying MBA in rural Management are listed below -

  • Knowledge of Financial Assistance
  • Knowledge of Agricultural Methodologies
  • Understand Potential of Rural Market
  • Learn About Developmental Activities

Let us look at each point one by one to understand it in a better way -

Knowledge of Financial Assistance

During the course period, candidates pursuing MBA in Rural Management learn about rural Finance as well. rural Finance refers to the procurement and distribution of funds to rural people (farmers, rural dwellers and related people) to enable them to run and manage their social-cum-economic activities. NABARD and RRBs are the most important source of funding in rural areas. By studying MBA in rural Management candidates learn about -

K J Somaiya Institute of Management MBA Admissions 2025

Highest CTC: INR 28.25 LPA | Average for Top 100 offers: INR 17.34 LPA | Ranked #63 in India under Management category by NIRF | 148 Recruiters

Indus Business Academy (IBA), Bangalore PGDM Admissions 2025

Triple Accreditation (NBA, IACBE & SAQS) | Dual Specialisation | Merit-Based Scholarships Available

  • How can they help rural people procure funds?
  • What will the cost of borrowing rural credit be?
  • Who will benefit from the funds procured?
  • What will be the major sources of funding?
  • Dependence of Informal sources
  • Importance of Microfinance Institutes of India for rural Health

Knowledge of Agricultural Methodologies

Technological advancement that has hit the urban areas positively can be applied to rural parts as well. By studying MBA in Rural Management, candidates can learn about advanced agro methodologies, new methods of cultivation, farming techniques etc., and implement the same in real life scenarios.

Candidates during their MBA in Rural Management programme gain practical learning along with theoretical knowledge and are allowed visits to rural areas, have empathy living with rural people to gain hands-on experience of working in a rural setup as well. Graduates having knowledge of new and emerging technologies can help rural India in providing valuable technical support be it in terms of accounting, auditing, training, or otherwise.

Understand Potential of Rural Market

The World Economy is hit by the Pandemic caused by COVID 19 and India is no exception to this. Hence, with recent motivation by PM Modi Ji, we need to promote local Indian products and services. Candidates studying MBA in Rural Management should be on the forefront line and help India sway its wings in positive directions.

Mobilizing the potential of Indian rural market could benefit India in terms of uplifting the GDP that is going down due to pandemic. Knowledge about the rural management provides a comprehensive learning on management and development of agriculture & food production techniques, vertical farming, green houses, roof-top farming technique. The same can be promoted in other markets be in Urban India or Foreign markets and add to the benefits of MBA in Rural Management.

Learn About Developmental Activities

One of the major benefits of MBA In Rural Management course is that candidates learn about various developmental activities. Post-COVID 19, the situation for people living in rural areas may not be the same. Candidates studying MBA in Rural Management can find out ways to help these rural people and provide them a platform to work and earn from their own villages/rural places. Moreover, the Indian government is also inviting youth with open arms to contribute their Rural Management skills in the development of the country. rural India has accelerated career prospects for the upcoming generation that need to be ignited. MBA in Rural Management can help candidates learn about creating, managing and development of rural activities or businesses for rural companies, development sector organisations. Major areas that need lookafter / attention in rural India are:

  • Availability of Credit
  • Public Health and Sanitation
  • Literacy
  • Poverty Eradication
  • Enforcement of Law and Order and much more!

Articles

Certifications By Top Providers

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
Queen Mary University of London, London
 Mile End Road, London E1 4NS
University of Strathclyde, Glasgow
 16 Richmond St, Glasgow G1 1XQ
Oxford Brookes University, Oxford
 Headington Campus Oxford OX3 0BP UK
Northumbria University, Newcastle City Campus
 Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
Cardiff Metropolitan University, Cardiff
 Llandaff Campus, Western Avenue, Cardiff, CF5 2YB

Questions related to MBA

Have a question related to MBA ?

Hello aspirant,

Depending on the school and curriculum, MBA costs in India can vary greatly, from INR 3 lakh to more than INR 30 lakh.  Mid-tier colleges normally charge between INR 6 lakh and INR 15 lakh, whereas top-tier institutions like the Indian School of Business (ISB) and the IIMs have greater tuition.

For more information, you can visit our site through following link:

https://www.careers360.com/courses/mba-master-of-business-administration

Thank you

Hello,

Yes, many universities and colleges offer MBA courses . Here are some of them :-

  1. Indian Institute of Management (IIM), Ahmedabad
  2. Indian Institute of Management (IIM), Bangalore
  3. Indian Institute of Management (IIM), Calcutta
  4. Xavier School of Management (XLRI), Jamshedpur
  5. Faculty of Management Studies (FMS), Delhi University

If you are looking for a specific college or university, Please ask you question again by mentioning the university name and I can help you find details about it.

Hope it helps !

Hello,

After B.Tech, pursue an MBA by clearing entrance exams like CAT, XAT, MAT, or GMAT . Prepare well, apply to top colleges, and clear GD-PI rounds . Choose a specialization like Marketing, Finance, or HR based on your interest.

MBA is a 2-year course offering great career opportunities in management roles. Select a reputed institute for better job prospects.

Hope it helps !

Devi Ahilya Vishwavidyalaya (DAVV) accepts scores from various national management entrance examinations, including the Management Aptitude Test (MAT), for admission into its MBA programs. Candidates who have appeared for MAT and meet the university's eligibility criteria can apply for MBA courses at DAVV. The selection process typically involves shortlisting applicants based on their MAT scores, followed by group discussions and personal interviews to assess their suitability for the program.

https://www.careers360.com/university/devi-ahilya-vishwavidyalaya-indore

Yes, Devi Ahilya Vishwavidyalaya (DAVV) accepts MAT scores for MBA admissions, along with CMAT, CUET-PG, CAT, MP Vyapam, XAT, and ATMA. The required entrance exam may vary based on the MBA specialization. Candidates should check specific requirements on the official DAVV website and complete the online application. Admission is based on entrance exam scores followed by counseling. For accurate details, refer to DAVV's official website or contact the admissions office.

View All
Marketing Director

A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services. 

4 Jobs Available
Business Development Executive

A Business Development Executive (BDE) is a professional responsible for identifying growth opportunities and fostering strategic partnerships to enhance a company's market position. Typically, a BDE conducts market research, analyses industry trends, and identifies potential clients or business prospects. He or she plays a crucial role in developing and implementing sales strategies to achieve revenue targets. 

A BDE often collaborates with cross-functional teams, including marketing and product development, to align business objectives. Strong communication, negotiation, and relationship-building skills are essential for success in this role. BDE strives to expand the company's customer base, drive sales, and contribute to overall organisational growth in a dynamic and competitive business environment.

3 Jobs Available
Content Marketing Specialist

Content Marketing Specialists are also known as Content Specialists. They are responsible for crafting content, editing and developing it to meet the requirements of digital marketing campaigns. To ensure that the material created is consistent with the overall aims of a digital marketing campaign, content marketing specialists work closely with SEO and digital marketing professionals.

3 Jobs Available
Sales Manager

A sales manager is a revenue-generating source for a company. Any organisation or company which sells a commodity or service requires sales to generate revenue. A Sales manager is a professional responsible for supervising the sales team. An Individual as a sales manager works closely with salespeople, assigns sales territories, sets quotas, mentors the members of the sales, assigns sales training, and builds a sales plan. 

The Sales Manager work also includes hiring and laying off sales personnel after evaluating his or her work performance. In bigger entities, sales quotas and plans are usually set at the executive level. He or she is responsible for overseeing the set target or quotas met by salespeople or upholding any policy. He or she guides his or her fellow salespeople and allows them to sell.

2 Jobs Available
Business Analyst

Individuals who opt for a career as a business analyst look at how a company operates. He or she conducts research and analyses data to improve his or her knowledge about the company. This is required so that an individual can suggest the company strategies for improving their operations and processes.

In a business analyst  job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts. 

2 Jobs Available
Marketing Manager

A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable. 

A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.

2 Jobs Available
SEO Analyst

An SEO Analyst is a web professional who is proficient in the implementation of SEO strategies to target more keywords to improve the reach of the content on search engines. He or she provides support to acquire the goals and success of the client’s campaigns. 

2 Jobs Available
Digital Marketing Executive

Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.

2 Jobs Available
Back to top