MBA IN FOOD & AGRIBUSINESS MANAGEMENT
ABOUT THE PROGRAM
Food and agribusiness management involves the application of management principles and practices to the agricultural and food sectors. It encompasses a wide range of activities related to the production, processing, distribution, marketing, and consumption of food and agricultural products. Idea behind the program is to prepare industry fit agribusiness managers having real time decision making, problem solving and agile for achieving the desired targets.
SCOPE OF FOOD AND AGRIBUSINESS MANAGEMENT:
- Agricultural Production: Managing farms, ranches, and agricultural enterprises to optimise productivity, efficiency, and sustainability.
- Food Processing and Manufacturing: Overseeing the processing, packaging, and manufacturing of food products to ensure quality, safety, and compliance with regulations.
- Supply Chain Management: Managing the flow of agricultural inputs, raw materials, and finished products from farm to table, including transportation, logistics, and distribution.
- Marketing and Sales: Developing marketing strategies, branding, and distribution channels to promote agricultural products and capture market share.
- Finance and Investment: Managing financial resources, budgeting, and investment decisions in agricultural enterprises and food businesses.
- Policy and Regulation: Understanding and navigating government policies, regulations, and trade agreements affecting the agricultural and food sectors.
- Sustainability and Environmental Management: Incorporating sustainable practices, environmental stewardship, and resource management into food and agribusiness operations.
SKILLS AND QUALIFICATIONS :
- Strong analytical, problem-solving, and decision-making skills.
- Knowledge of agricultural production practices, food science, and agribusiness operations.
- Understanding of market dynamics, consumer behavior, and marketing principles.
- Financial management skills, including budgeting, financial analysis, and risk management.
- Familiarity with regulatory requirements, food safety standards, and industry best practices.
- Communication, teamwork, and leadership abilities for working effectively in multidisciplinary teams and diverse stakeholder environments.
Overall, food and agribusiness management offers diverse and rewarding career opportunities for individuals interested in contributing to the sustainable growth, resilience, and innovation of agricultural and food systems.
EVALUATION CRITERIA
Applicants shall be evaluated and assessed based on their Profile, Interest and Performance at ISA’BEST exam.
PROGRAM DURATION & SEATS
Max 60 students will be allowed for 2-year MBA – FABM program including classroom teaching, internship, Live assignment & placement assistance
TOTAL FEE OF THE PROGRAM
| # |
Fee Type |
Amount (INR) inclusive of GST |
| 1 |
Online application Fee |
650 |
| 2 |
Registration Fee |
30,000 |
| 3 |
Total Program Fee |
7,35,000*(Registration fee included) |
CAREER OPTIONS
In the field of food and agribusiness management, there are various job options available across different sectors of the industry. Here are some common job roles:
1. Farm Manager :
- Responsibilities include overseeing day-to-day operations of farms, managing crop production or livestock, implementing agricultural practices, and ensuring compliance with regulations.
- Farm managers may also be involved in financial management, budgeting, procurement of inputs, and marketing of farm products.
2. Agribusiness Consultant :
- Consultants provide advisory services to farmers, agribusinesses, and organisations in areas such as business planning, market analysis, financial management, and strategic decision-making.
- They may work independently or as part of consulting firms, providing expertise to clients to improve productivity, efficiency, and profitability.
3. Food Production Manager :
- Food production managers oversee the manufacturing and processing of food products in facilities such as food processing plants, manufacturing units, and commercial kitchens.
- Responsibilities include production planning, quality control, inventory management, ensuring food safety standards, and compliance with regulations.
4. Supply Chain Manager :
- Supply chain managers are responsible for managing the flow of agricultural inputs, raw materials, and finished products from suppliers to customers.
- They coordinate logistics, transportation, warehousing, and distribution activities to optimise efficiency, reduce costs, and ensure timely delivery of products.
5. Marketing Manager :
- Marketing managers develop and implement marketing strategies to promote agricultural products, food brands, and agribusiness services.
- They conduct market research, identify consumer trends, develop advertising campaigns, manage digital marketing channels, and build relationships with customers and partners.
6. Sales Representative :
- Sales representatives work for agribusiness companies, food manufacturers, distributors, or retail chains, selling agricultural products, equipment, or food items.
- They engage with customers, negotiate contracts, provide product information, and achieve sales targets within assigned territories or markets.
7. Quality Assurance Manager :
- Quality assurance managers ensure that food products meet regulatory standards, quality specifications, and safety requirements.
- They develop and implement quality control processes, conduct inspections, monitor production processes, and address issues related to product quality and safety.
Research Analyst :
- Research analysts work in research institutions, universities, or agricultural technology companies, conducting studies, analysing data, and generating insights on trends, innovations, and opportunities in the food and agriculture sector.
- They may contribute to research projects, publish reports, and provide recommendations for policy makers, industry stakeholders, and decision-makers.
MBA – MICROFINANCE & RURAL MANAGEMENT
ABOUT THE PROGRAM
Microfinance and rural management are two interconnected fields that focus on economic development, poverty alleviation, and sustainable growth in rural areas, particularly in developing countries. Let’s break down each concept:
Microfinance:
- Microfinance involves providing financial services, such as small loans, savings accounts, insurance, and financial education, to low-income individuals or groups who typically lack access to traditional banking services.
- The cornerstone of microfinance is providing small loans, often referred to as microcredit, to empower entrepreneurs and small business owners to start or expand their businesses.
- CMicrofinance institutions (MFIs) play a crucial role in delivering financial services to the unbanked or underbanked populations, often operating at the grassroots level.
- The concept gained prominence with the work of Nobel laureate Muhammad Yunus and the Grameen Bank in Bangladesh, which pioneered the modern microfinance movement.
Rural Management:
- Rural management involves the application of management principles and practices to address the unique challenges and opportunities present in rural areas.
- Rural marketing refers to the process of promoting and selling products and services in rural areas. Rural markets are characterised by unique challenges and opportunities compared to urban markets, including lower income levels, limited access to infrastructure and communication channels, and diverse socio-cultural factors. Effectively reaching and serving rural consumers requires tailored marketing strategies that consider these unique characteristics.
- Rural management aims to improve the quality of life for rural populations by enhancing their livelihoods, promoting sustainable development, and empowering local communities.
- Effective rural management often requires a multidisciplinary approach, incorporating elements of economics, sociology, environmental science, and public policy.
SYNERGY AND BENEFITS FOR STUDENTS
The intersection of microfinance and rural management is particularly significant, as microfinance can be a valuable tool for promoting rural development and poverty reduction. By providing financial services tailored to the needs of rural populations, microfinance can stimulate entrepreneurship, agricultural productivity, and rural enterprises. Moreover, integrating microfinance with broader rural management strategies can enhance the effectiveness and sustainability of development interventions in rural areas.
In summary, microfinance and rural management are closely intertwined fields that aim to address poverty and promote sustainable development in rural communities. By combining financial inclusion with effective management practices, these approaches can contribute to building resilient and thriving rural economies.
PROGRAM REQUIREMENTS
To pursue a career in microfinance and rural management, individuals typically need a combination of relevant education, skills, and experience. Degrees in fields such as finance, economics, development studies, rural management, or related disciplines can provide a solid foundation. Additionally, gaining practical experience through internships, volunteer work, or entry-level positions in relevant organisations can be valuable for building expertise and networks in the field. Continuous learning, staying updated on industry trends, and networking with professionals can also enhance career prospects in microfinance and rural management.
WHO SHOULD APPLY
Bachelor’s degree with 55% marks or equivalent in the agriculture and allied streams like Horticulture, Forestry, Fisheries, Sericulture, Agriculture Marketing, Home Science, Food Processing, Veterinary and Animal Sciences, Plant Sciences, Agriculture Engineering, Food Technology, Biotechnology, and allied Sciences shall be preferred for taking admissions.
PROGRAM CONTENT AND TENTATIVE STRUCTURE
Introduction to Financial Services in Rural Areas:
- Overview of microfinance, traditional banking, and rural management
- BImportance of financial inclusion in rural development
- Key stakeholders and their roles in providing financial services to rural communities.
Microfinance Models and Practices:
- Various microfinance models: Grameen Bank, Self-Help Groups, Village Savings and Loan Associations, etc.
- Microfinance products and services tailored to rural clients
- Best practices and challenges in implementing microfinance in rural areas
Banking Services in Rural Areas:
- Role of banks in rural development and financial inclusion
- Rural branch banking vs. alternative delivery channels (mobile banking, agent banking, etc.)
- Strategies for expanding banking services in remote rural areas
Rural Economic Context and Livelihoods:
- Understanding rural economies and livelihood patterns
- Opportunities and challenges for income generation and employment in rural areas
- Linkages between financial services and rural livelihood enhancement
Introduction to Rural Marketing:
- Definition and scope of rural marketing
- Characteristics and dynamics of rural markets
- Importance of rural markets in the overall marketing landscape
Rural Consumer Behavior:
- Understanding the socio-economic, cultural, and psychological factors influencing rural consumer behavior
- Differences between rural and urban consumers
- Buying patterns, preferences, and decision-making processes in rural areas
Market Segmentation and Targeting:
- Segmentation of rural markets based on demographics, psychographics, and behavior
- Targeting strategies to reach specific segments within rural markets
- Positioning products and services effectively in rural contexts
Product Development and Innovation for Rural Markets:
- Adaptation of products and services to meet the needs and preferences of rural consumers
- Innovation in product design, packaging, and pricing for rural markets
- Case studies of successful product innovations targeting rural consumers
Distribution and Supply Chain Management in Rural Areas:
- Challenges and opportunities in rural distribution networks
- Designing efficient and cost-effective distribution channels for rural markets
- Role of intermediaries such as rural retailers, wholesalers, and village-level entrepreneurs
Promotion and Communication Strategies:
- Designing communication messages tailored to rural audiences
- Selecting appropriate media channels for reaching rural consumers (e.g., radio, outdoor advertising, mobile vans)
- Leveraging traditional and digital marketing tools for effective rural communication
Rural Branding and Positioning:
- Building strong rural brands that resonate with local values and aspirations.
- Strategies for creating brand awareness and loyalty in rural markets.
- Managing brand reputation and credibility in rural contexts
Governance and Institutions in Rural Finance:
- Role of local governance structures in promoting access to financial services
- Strengthening rural financial institutions and cooperatives
- Policy and regulatory frameworks supporting rural finance and microfinance
Innovation and Technology in Rural Financial Services:
- Role of technology in overcoming barriers to financial access in rural areas
- Digital financial services and mobile money platforms in rural communities
- Innovations in credit scoring, risk management, and client outreach
Social Development and Financial Inclusion:
- Gender-sensitive approaches to rural finance and microfinance
- Financial literacy and capability-building initiatives for rural clients
- Social impact assessment of rural financial services interventions
Case Studies and Practical Applications:
- Analysis of successful rural finance and microfinance projects worldwide
- Field visits or virtual simulations to understand real-life challenges and opportunities
- Group projects or case competitions focusing on designing financial solutions for rural communities
Policy Analysis and Advocacy in Rural Finance:
- Analysing policy frameworks and advocacy strategies to promote rural finance and microfinance
- Policy dialogue and stakeholder engagement for inclusive rural development
- Role of international organisations and donor agencies in supporting rural finance initiatives
Ethical Considerations and Responsible Finance:
- Ethical principles in rural finance and microfinance
- Client protection and responsible lending practices
- Avoiding over-indebtedness and usurious practices in rural lending
- Development of business plans and loan proposal
EVALUATION CRITERIA
Applicants shall be evaluated and assessed based on their Profile, Interest and Performance at ISA’BEST exam.
PROGRAM DURATION & SEATS
Max 60 students will be allowed for 2 year MBA – MFRM program including classroom teaching, internship, Live assignment & placement assistance
TOTAL FEE OF THE PROGRAM
| # |
Fee Type |
Amount (INR) inclusive of GST |
| 1 |
Online application Fee |
650 |
| 2 |
Registration Fee |
30,000 |
| 3 |
Total Program Fee |
7,35,000*(Registration fee included) |
Note- Hostel fees are not included in the above fees.
CAREER OPTIONS
A career in microfinance and rural management can be both rewarding and impactful, offering opportunities to contribute to poverty alleviation and sustainable development in rural areas. Here are some potential career paths and roles within these fields:
Microfinance & Banking Institutions
- Positions within MFIs include roles such as loan officers, credit analysts, branch managers, and operations managers.
- Loan officers work directly with clients, assessing their credit needs, disbursing loans, and providing financial education and support.
- Credit analysts evaluate loan applications, assess credit risk, and make recommendations regarding loan approvals.
- Branch managers oversee the day-to-day operations of MFI branches, ensuring compliance with regulations, managing staff, and expanding outreach.
Social Enterprises and Non-Governmental Organisations (NGOs):
- Many social enterprises and NGOs focus on microfinance and rural development initiatives.
- Opportunities may exist in project management, program coordination, monitoring and evaluation, and capacity building.
- Roles may involve designing and implementing microfinance programs, conducting training sessions for rural entrepreneurs, and evaluating the impact of development projects.
Government Agencies and Development Organisations:
- Government agencies and international development organisations often implement microfinance and rural development programs.
- Careers in these organisations may involve policy analysis, program design, project management, and technical assistance.
- Professionals may work on initiatives related to agricultural finance, rural infrastructure development, community empowerment, and poverty reduction strategies.
Consulting Firms and Research Institutions:
- Consulting firms and research institutions may offer opportunities to work on projects related to microfinance and rural management.
- Roles may include conducting market assessments, feasibility studies, impact evaluations, and policy analysis.
- Professionals may provide advisory services to MFIs, governments, and other stakeholders on best practices in microfinance and rural development.
POSSIBLE DESIGNATIONS AND ROLES:
- Loan officer
- Credit analyst
- Branch manager and operations manager
- Rural Marketing Manager
- Market Research Analyst
- Distribution and Channel Development Manager
- Product Development Manager
- Sales and Business Development Manager
- Corporate Social Responsibility (CSR) Manager
- Rural Sales Executive
- Rural Development Officer
POST GRADUATE PROGRAM IN AGRI ENTREPRENEURSHIP & FAMILY BUSINESS
ABOUT THE PROGRAM
Agri entrepreneurship and family business are two intertwined concepts that play significant roles in the agricultural sector.
Agri Entrepreneurship:
- Agri entrepreneurship refers to the entrepreneurial activities and initiatives within the agricultural sector. It involves identifying opportunities, taking risks, and creating innovative solutions to address challenges in agriculture and related industries.
- Agri entrepreneurs may be farmers, agribusiness professionals, or individuals outside the traditional agricultural sector who introduce new products, services, technologies, or business models to improve productivity, sustainability, and profitability in agriculture.
- Characteristics of agri entrepreneurship include innovation, adaptability, resilience, and a willingness to embrace change and uncertainty.
- Agri entrepreneurs may engage in various activities such as agricultural production, value-added processing, agri-tech startups, agritourism, agricultural marketing, and rural entrepreneurship.
- Successful agri entrepreneurship contributes to economic growth, job creation, rural development, food security, and environmental sustainability.
Family Business in Agriculture:
- Family businesses are enterprises owned and operated by members of one or more families. In agriculture, family businesses are prevalent, with many farms and agricultural enterprises being family-owned and managed.
- Family businesses in agriculture may involve various activities, including crop production, livestock farming, agribusiness operations, food processing, and distribution.
- Family businesses often have unique characteristics, such as a long-term perspective, commitment to sustainability, emphasis on family values, and integration of family and business interests.
- Challenges in family businesses in agriculture may include succession planning, intergenerational transition, conflict resolution, governance issues, and balancing family dynamics with business priorities.
- Despite challenges, family businesses play a vital role in the agricultural sector, contributing to food production, rural livelihoods, cultural heritage, and community development.
WHO SHOULD APPLY
UG students having family business in agriculture / allied sectors like poultry, fishery, animal feeds, agri inputs shops, farming, horticulture etc are welcomed to join the program and take their family business onto next level of growth. Bachelor’s degree with 55% marks or equivalent in the agriculture and allied streams like Horticulture, Forestry, Fisheries, Sericulture, Agriculture Marketing, Home Science, Food Processing, Veterinary and Animal Sciences, Plant Sciences, Agriculture Engineering, Food Technology, Biotechnology, and allied Sciences shall be preferred for taking admissions.
PROGRAM STRUCTURE
Seed Stage (Fundamental ):
- Corporate Communication for Entrepreneurs
- Business Analytics & Decision Making
- Organisation Behaviour for family business
- Financial Accounting, Budgeting & planning
- Despite challenges, family businesses play a vital role in the agricultural sector, contributing to food production, rural livelihoods, cultural heritage, and community development.
Plant Stage (Intermediary ):
- Sales & Marketing of Agri-Inputs
- Agri-Supply Chain Management
- Food, Agribusiness Laws & Risk
- Corporate Finance & Budgeting
Tree Stage (Advance):
- Strategic Management for business growth
- Agribusiness Policies and Trade
- Leadership and Team Management
- Entrepreneurship Development & Risk Management
- Live Internship + Start up Assignment
Fruit Stage ( Incubation & Mentorship )
-
- Physical Infrastructure help
- Assistance for Farm management, hydroponics, poultry, fishery, Diary , Cold storage , Bio Fertilizer plants, Seed production units , Post harvest, Food Packaging , processing units
- Mentorship and coaching from true entrepreneurs.
- Access to Funding options under AIF agriculture infra development funds and other government schemes
- Networking and Community development
- National Training & Workshops, visit to technology bodies like CSIR , IARI, TIFAC, TERI etc for exposure
Business Support Services
PROGRAM HIGHLIGHTS & BENEFITS
- Live Interaction with Industry Leaders & Entrepreneurs
- Live Start up assignments for solving real time challenges
- Industry-oriented Content by experienced faculties/ start up mentors
- Industry Networking Support
- Special Invitation for Global Conferences
- ISAB Alumni Status after completion of the program
EVALUATION CRITERIA
Applicants shall be evaluated and assessed based on their Profile, Interest and Performance at ISA’BEST exam.
PROGRAM DURATION & SEATS
Max 60 students will be allowed to join 18 Months including classroom teaching, internship, and Live start up assignment under incubation support.
FEE OF THE PROGRAM (INCLUSIVE OF GST)
10.85 Lakhs for offline program + incubation support for growing family business
| # |
Fee Type |
Amount (INR) inclusive of GST |
| 1 |
Online application Fee |
650 |
| 2 |
Registration Fee |
30,000 |
| 3 |
Total Program Fee |
10,85,000*(Registration fee included) |
Note- Hostel fees are not included in the above fees.
LEARNING OUTCOME OF THE PROGRAM:
- Agri entrepreneurship and family business are closely interconnected, as many agricultural entrepreneurs start their ventures within family-owned enterprises or establish new family businesses.
- Family businesses provide a conducive environment for agri entrepreneurship, offering resources, networks, and support systems for entrepreneurial initiatives.
- Agri entrepreneurship within family businesses allows family members to leverage their knowledge, skills, and assets to innovate, diversify, and create value in agriculture and related sectors.
- Successful agri entrepreneurship can drive the growth and sustainability of family businesses, ensuring their continued success and resilience across generations.
CAREER SCOPE WITH THE PROGRAM:
Agri entrepreneurship and family business are integral components of the agricultural sector, driving innovation, growth, and prosperity while preserving family legacies and traditions in farming and agribusiness. Collaboration between agri entrepreneurs and family businesses can unlock new opportunities and create shared value for stakeholders in the agricultural value chain.
