What should you do after MBA in Agribusiness Management? |IIBS B-School Bangalore

Posted by Prof. Kuldeep Sharma On 09/07/2021 09:15:03

What should you do after MBA in Agribusiness Management? 

A majority of students aspire for well-paid employment with good positions in the area of their specialization. So many young managers also have come forward to create enterprises in creating new avenues of income for farmers. Co-operative societies in the rural sector have been making their presence felt with white, green and blue revolutions in India.

Huge opportunities are available in the rural economy and agro-industry in the government sector as well as the private sector. Even multinational companies are entering with products of agro-industry.

At present, agribusiness is defined as all business enterprises or sells to farmers/traders/consumers. The transaction may involve either an input or a product or service and encompasses items such as:

  1. Productive resources (feed, seed, fertilizer, equipment, energy, pesticides, machinery

  2. Agricultural commodities – (raw and processed commodities of food and fibre)

  3. Facilitative services (credit, insurance, marketing, storage, processing, transportation, packing, distribution, consultancy, soil testing etc.).

Opportunities for Agribusiness Managers in India

  • India is endowed with a varied ago climate, which facilitates the production of temperate, subtropical and tropical agricultural commodities.
  • There is a growing demand for agricultural inputs like feed and fodder, inorganic fertilizers, bio-fertilizers.
  • Biotechnology applications in agriculture have vast scope in the production of seed, bio-control agents, the industrial harnessing of microbes for bakery products.
  • Export can be harnessed as a source of economic growth. As a signatory of the World Trade Organization, India has vast potential to improve its present position in the World trade of agricultural commodities both raw and processed form. The products line include cereals, pulses, oilseeds and oils, oil meal, spices and condiments, fruits and vegetables, flowers, medicinal plants and essential oils, agricultural advisory services, agricultural tools and implements, meat, milk and milk products, fish and fish products, ornamental fish, forest by-products etc.
  • At present processing is done at the primary level only and the rising standard of living expands opportunities for secondary and tertiary processing of agricultural commodities.
  • The vast coastal line and internal watercourses provide enormous opportunities for the production of marine and inland fish and ornamental fish culture gaining popularity with the increase in aesthetic value among the citizens of India.
  • The livestock wealth gives enormous scope for the production of meat, milk and milk products, poultry products etc
  • The forest resources can be utilized for the production of by-products of forestry.
  • Beekeeping and apiaries can be taken up on a large scale in India.
  • Mushroom production for domestic consumption and export can be enhanced with improvement in the state of the art of their production.
  • Organic farming has the highest potential in India as the pesticide and inorganic fertilizer applications are less in India compared to industrial nations of the world. The farmers can be encouraged and educated to switch over to organic farming.
  • There is wide scope for the production and promotion of biopesticides and biocontrol agents for the protection of crops.
  • Seeds, hybrid and genetically modified crops, have the highest potential in India in the future, since the productivity of high yielding varieties has reached a plateau.
  • Micro-irrigation systems and labour saving farm equipment have good potential for years to come due to declining groundwater levels and labour scarcity for agricultural operations like weeding, transplanting and harvesting.
  • Production of vegetables and flowers under greenhouse conditions can be taken up to harness the export market.
  • Trained human resources in agriculture and allied sciences will take on agricultural extension systems due to dwindling resources of state finance and downsizing the present government agricultural extension staff as consulting services.
  • The enhanced agricultural production throws open opportunities for employment in marketing, transport, cold storage and warehousing facilities, credit, insurance and logistic support services.

After completing the PGDM in Agribusiness Management,

1.  You will become a huge contributor to eliminating poverty in India.

2.  You can choose between public and private sector jobs.

3.  You can pursue PhD. D. after your postgraduate degree.

4.  You will understand the types of soil and understand their composition.

5. You can become an entrepreneur helping farmers and other companies with your consultancy and expertise.

All in all, Agribusiness encompasses the manufacturers and service providers that aid in farming: equipment makers, chemical manufacturing, logistics providers, and so forth.

So, we can observe that opportunities are enormous in production, processing and marketing. Now, decision making is really difficult, when choices are plenty. It can only be solved by talking to managers from the industry. Your passion and interest can give the solution to zero down onto the industry, company and role. 

While certain B-Schools across India are known to offer such career-oriented MBA or PGDM in Agri-business management, International Institute of Business Management (IIBS), by virtue of being multiple-specialization B-School, too has made its mark as a career-oriented institute for MBA in Agri-business program. IIBS has full-fledged campuses at Bangalore, Pune, and NCR.

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