MBA in Rural Management

MBA in Rural Management is a 2-year postgraduate program which very limited number of institutes offer. Only after successful completion of graduation from a recognized university, with a minimum aggregate score of 45%, a candidate becomes eligible to pursue this course. MBA in Rural Management can be described as working on projects which focus on the betterment of all the rural areas of the country. Recently, a lot of career prospects have been showing up for this program.

SCOPE of MBA in Rural Management 

The program – MBA in Rural Management is designed in such a way that it grooms a candidate professionally for the developing of plans that are systematic and uplift the prospects of the rural areas. The scope is quite vast when it comes to Rural Management. With the help of an MBA degree, an aspirant gains several skills that are necessary for handling the difficulties that he/she comes across during on-field jobs. MBA helps an aspirant to develop certain personality traits that prove to be helpful in communicating with people and convincing them about strategies that can be helpful. A candidate applying for the Rural Management Program is expected to have a friendly attitude and must have a soft spot towards the rural community and an attitude to work for them. By pursuing this course the individuals, as well as groups, imbibe in them a sense of respect for those who are less-privileged and are poor. Completion of this program from a top institute provides an upper hand.

General MBA Vs MBA in Rural Management

A general MBA program focuses entirely upon providing students with general business administration knowledge and valuable insights into the very core elements of real world business. A general MBA Degree prepares one for a managerial position in one of the leading industries of the world.

On the other hand, an MBA in Rural Management focuses upon the rural sectors of a country and teaches students how to cater to that sector. In simple words, it means the application of management principles to the rural sector.

A few Institutes in India that offer the course – “MBA in Rural Management”

Serial No.Name of InstituteLocation*Average Package (INR)Average Fees (INR)
1Institute of rural Management (IRMA), AnandAhmedabad, Gujarat10.95 LPA12,10,000
2Wellingkar InstituteMumbai, Maharashtra7.86 LPA11,04,000
3Flame UniversityPune, Maharashtra7 LPA5,80,000

*The package mentioned here is the Average Package offered by the College

Institute of rural Management (IRMA) : The subjects that basically are mentioned for the completion of this course include 

  1. Quantitative methods in Business
  2. Human Resource Management
  3. Managerial Economics
  4. Financial & Managerial Accounting 
  5. Business Laws
  6. Financial Management
  7. Research methodology
  8. E-Commerce
  9. Organizational Effectiveness & Changes
Placement Scenario : Doing Rural Management doesn’t mean that students have to work in Rural Management only. As per the placement records, you will find most of the students getting placed in non rural profiles. 
 
IRMA has maintained its record of 100% placement with an average salary of 11 LPA last year. There are a wide range of companies/sectors that recruited Rural management graduates such as ADM Agro Industries, Cargill, Mapro Foods, mother Diary Food and Vegetables, Pidilite Industries and many more 
 
Wellingkar Institute (We School) : The interesting thing about the  Rural Management program offered by We School is that it provides a rural internship of 4 months, thus providing the students with practical exposure to the needs and cultures and beliefs of people in the smaller towns and villages of India. The curriculum remains the same for all the colleges 
 
Placement Scenario : The average salary offered last year was around 8 LPA and a maximum salary offered of 19.3 LPA. 
Major recruiting companies were Accenture, Deloitte, Factset, Capgemini, Axis Bank and many more 

 

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