About 65% of the Indian population resides in rural areas, according to the survey report of the World Bank collection of development indicators 2019. Rural areas in India face many challenges. A few of them are illiteracy, poverty, unemployment, crime, violence, homelessness, etc. There is no quick fix for these challenges. Thus, it requires planning, support, and talented folk. Consequently, one such program that teaches individuals how to apply the management skills and practices to uplift the rural areas is the MBA in Rural Development. ( Similar courses are MBA in AgriBusiness Management, MBA in Rural Management, etc.)
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General Information
MBA in rural management is a 2-year post-graduate program. Similarly, admission into this course is based on merit and performance in entrance tests. The average tuition fee of the course is Rs.10,000 to Rs.10,00,000, but the average income after MBA in rural management is Rs.3,00,000 to Rs.30,00,000.
Eligibility for MBA in Rural development
- The candidate should have completed a bachelor’s degree in any subject from a recognised university/ college.
- The candidate should score a minimum of 45-50% in the bachelor’s degree.
- Candidates should qualify for the entrance required for admission in MBA for the applying university/ business school.
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Entrance examination for MBA in Rural Development
| Exam/ Test | Full form | Information |
| MAT | Management Aptitude Test | National Entrance accepted in all states. |
| CAT | Common Admission Test | National Entrance accepted in all states. |
| CMAT | Common Management Admission Test | National Entrance accepted in all states. |
| GMAT | Graduate Management Aptitude Test | International Entrance test accepted worldwide. |
| OPENMAT | IGNOU OPEN Management Aptitude Test | Entrance test for distance or correspondence MBA |
| SNAP | Symbiosis National Aptitude Test | National Entrance accepted in all states. |
Top universities or institutes for MBA in Rural Management
| University/ Institute | Fee ( full course) | Entrance Test accepted | Total seats |
| IRM Anand ( Institute Rural Management ) | 11 to 12 lakh | CAT/XAT | 240 |
| Amity school of rural management | 3 to 4 lakh | All | 60 |
| FMS IRM Jaipur | 7 lakh | All | 240 |
| IRM Jodhpur | 4 lakh | All | – |
| Xavier Institute of Social Services XISS Ranchi | 5 to 6 lakh | CAT/CMAT/XAT | 75 |
The curriculum of MBA in Rural management
MBA in rural management has a diverse syllabus. It includes rural finance assistance, agricultural methodologies, developmental activities in rural areas, and understanding the potential of rural markets, etc.
The detailed curriculum for two years is given below:
Semester 1
- Principles of management
- Economic
- Organisations
- Quantitative techniques
- IT for business
- Business communication
- Management accounting
- Managerial economics
Semester 2
- Marketing management
- Finance management
- Production and operation management
- HR management
- Strategic management
- Research methods
- Project management
- Business communication 2
- Summer internship
Semester 3
- Rural development strategies and institutes
- Agriculture and farm business management
- Rural banking
- Extension of agriculture
- IPR and business law
- Rural retail management
Semester 4
- Business ethics
- Small business and entrepreneurship
- E-banking and marketing
- Relationship management
- Organisation and management of cooperatives
Job prospects after MBA in rural management
There are broadly four sectors you can join after MBA in rural management; they are:
- Government
- NGO
- Grameen bank
- Corporate research projects
Working in the government sector is the best job of all. Apart from these, there are many other job titles that you can start with as a fresher. They are:
- Sales manager
- Business development manager
- Rural development officer
- Business development executive
- Sales officer
- Research officer
- Purchase or vendor manager
- Rural minister
Some of the companies that you can apply for are:
- Amul
- ICICI bank
- Godrej industrial Ltd.
- Dabur India Ltd
- Parle products private Ltd
- Britannia Industries Ltd
- Hero group
- Mahindra and Mahindra
- Aditya Birla group
- Insurance companies
- Finance institutes
- Tata telecommunication services
- Academic institutes
- Rural and agricultural financing
As a fresher, you cannot expect high pay, but you can earn up to Rs.50000 per month as you gain experience.
In conclusion, an MBA in finance, HR, and marketing is ubiquitous, and hence, the chances of getting employed in these fields are bleak. The government also focuses on agriculture and rural management, and this further widens your scope. Therefore, you should opt for MBA in rural management to increase your chances of employment and income. If you have still had any doubts or queries, reach us at ForeignAdmits.
