MBA Rural Development is a 2-year postgraduate course that deals with banking and Insurance.
MBA in Rural Development curriculum is oriented more towards qualifying trainees for managerial professions in an extensive assortment of organizations executing the growth projects and schemes directly or indirectly by non-governmental foundations. Check MBA Full Form
The completion of this course will help students to make a career as Rural Development Officer, Business Development Manager, Research Officer, Sales Officer, National Sales Development Manager, etc. Read MBA Specialization
To apply to this program, the aspirants are required to fulfill the minimum eligibility, i.e., Bachelor's degree in any discipline from a distinguished university. The admissions are usually based on the national level entrance exams like CAT, XAT, MAT, IBSAT, etc.
Go through the list of Top MBA Entrance Exams.
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The starting salary the graduates can expect is around INR 3 Lac/s to 20 Lac/s per annum. The graduates can also pursue higher studies like an EMBA in Business Management or a PhD in Business Management or any other equivalent field.
See more: Master of Business Administration (MBA) Rural Development Colleges in India.
MBA Rural Development: Highlights
MBA Rural Development is a highly opted course in the management sphere. The basic information about the course has been mentioned in detail in the table below:
Full-Form | Master of Business Administration in Rural Development |
Level of Study | Postgraduate |
Course Duration | 2 years |
Eligibility | Bachelor's degree in any discipline |
Admission Process | Entrance exam + Personal Interview |
Examination type | Semester |
Course Fee | INR 2 - 17 LPA |
Average Starting Salary | INR 4 - 15 LPA |
Job Options | Sales/Business Development Manager, Rural Development Officer, Purchase/Vendor Development Manager, Business Development Executive, Sales Officer, National Sales Development Manager, etc. |
Areas of Employment | Tata Teleservices, Insurance Companies, Academic Institutions, Research & Consultancy Firms, Rural and Agriculture Financing, Banks, Finance Institutions, ICICI Bank, Amul, Shriram Group, etc. |
MBA Rural Development: What is it About?
Master of Business Administration in rural development and management is a degree that aims to teach specific subjects, abilities, and innovative standards necessitated for the advancement of a rustic area but also implements the procedures and strategies required to accomplish them efficiently on the front as well.
- Consequently, the people who obtain this degree will learn to be transcendent heads in their respective regions and will learn to serve the rural people.
- The candidates will be given experience through on-field jobs, thus will also help enhance their communication skills that are required to communicate in the rural areas.
- The Candidate should hold the problem-solving skill, the ability for operating with customers amidst distinct concerns, affair in agriculture, outlining, etc.
Why Study MBA Rural Development?
Rural management helps students in the agriculture sector to schedule, coordinate, and govern cooperatives.
- The MBA rural management provides students with challenging opportunities and responsibilities in rural development organizations.
- They should maintain compliance to serve in rural areas as it is a laborious job.
- The Aspirants should also have good presentation and interaction skills, awareness of local languages, capacity to supervise people, rational argumentation, leadership abilities, problem-solving skill, knowledge for operating with consumers with distinct concerns, interest in farming, planning, etc.
- Advanced studies after a Master's in business administration include research degrees such as a Ph.D. degree.
What is the MBA Rural Development Admission Process?
Most of the colleges providing MBA Rural Development programs follow an entrance-based admission process.
The Admission Process is done in the following steps:
- Step 1: Applications for Entrance Exam: The aspirant is required to pick institutes in which he/she wants to apply and check which admission exams they administer and then apply for those examinations subsequently. Since CAT scores are widely accepted almost among all the colleges, it would be advisable to take the CAT examination.
- Step 2: Declaration of Results and Cutoffs: The conducting organization will publish the results of the candidates. After the results are announced, the individual universities will publish cutoff marks for admission.
- Step 3: Shortlisting Process: The candidates qualifying for the cutoffs set by the universities will be summoned by the colleges for further steps of the selection procedure.
- Step 4: Final Admission Round: Colleges conduct further rounds of WAT (Written Ability Test), GD (Group Discussion), and PI (Personal Interview) to examine a candidate’s expertise and skills.
The candidates who pass in all the above-given rounds are admitted to the program.
What are the MBA Rural Development Eligibility Criteria?
The eligibility standards for admittance in MBA Rural Development is stated below:
- The program requires a bachelor’s qualification in any discipline with a total aggregate of 50% marks or a comparable CGPA (a relaxation of 5% is granted to SC/ST candidates) from any recognized university/college/institute.
- Candidates appearing for final year examinations are also eligible to apply, but their admission will be considered if they obtain a minimum of 50% marks (relaxation of 5% is granted to SC/ST candidates) in their Bachelor's degree.
- Candidates who are required to pass nationalized entrance exams like CAT/ MAT/ GMAT/ CMAT or other equivalent entrance examinations are eligible to apply for the MBA Rural Development program.
Click MBA Eligibility
Which are the Top MBA Rural Development Entrance Exams?
A list of some Nationalized MBA Corporate Entrance Exams are as follows:
CAT: The IIMs conduct the Common Admission Test (CAT).
XAT: The Xavier School of Management conducts the Xavier Aptitude Test (XAT).
GMAT: The GMAC conducts the Graduate Management Aptitude Test (GMAT). The question paper consists of 4 sections.
CMAT: The AICTE conducts the Common Management Admission Test (CMAT). The exam duration is 3 hours. It consists of 100 Multiple choice questions.
MAT: The All India Management Association (AIMA) conducts the Management Aptitude Test (MAT).
Exam Name | Exam Details |
---|---|
CAT | Check Here |
MAT | Check Here |
SNAP | Check Here |
IIFT | Check Here |
IBSAT | Check Here |
CMAT | Check Here |
MAH CET | Check Here |
NMAT | Check Here |
ATMA | Check Here |
XAT | Check Here |
TISSNET | Check Here |
TANCET | Check Here |
How to prepare for MBA Rural Development Entrance Exams?
The applicant has to receive the necessary knowledge about the tests from a legitimate source in order to prepare for the entrance exams, such as a website related to learning and schooling, and to understand the test guidelines and trends.
- As most students face difficulties in this portion of the paper, students should be well prepared for the questions concerning the Data Analysis and Logical Reasoning Section of these exams.
- Students should be aware of the world's day-to-day activities and take notes every day to develop their grammar and understanding.
- To study for nationalized exams, most students read The Hindu.
- Students must periodically take practice tests so that you have ample time to review and retry and to answer all manner of problems more and better before you appear for the final evaluation.
- Sheer hard work and determination can be beaten by nothing. It will be a tremendous benefit to answer the previous year's question papers.
Read more on CAT Question Pattern, Important Tips, Marking Scheme.
How to Get Admission to a Good MBA Rural Development College?
MBA admissions encompass two steps, both have significantly different specifications- The entrance examination and the GD/PI process.
- Since most colleges require students to qualify for one of the management entrance exams, you need to score a good percentile in entrances like CAT, MAT, or CMAT among other exams.
- The GD/PI method, other than the marks received, is where the rest of your profile plays a part.
- Trust is the secret to community conversation, focusing on public expression and creating self-confidence.
- Keep an eye on the essential entrance test dates and enrol on time for the tests.
What is the MBA Rural Development Syllabus?
A semester-wise breakup of the course’s syllabus is given in the table below.
Semester I | Semester II |
---|---|
Essentials of Management | Financial Management |
Quantitative Methods in Business | Research Methodology |
Human Resource Management | E-Commerce |
Managerial Economics | Indian Financial System |
Computer Applications & MIS | Management of NGOs & Action Research |
Rural Society and Institutions | Rural Development: Concepts, Models and Programs |
Management of Social Empowerment | Management of Sustainable Agriculture |
Financial & Managerial Accounting | Rural Markets and Marketing Management |
Semester III | Semester IV |
Business Laws | Organizational Effectiveness & Change |
Environment and Natural Resource Management | Strategies for Sustainable Rural Development |
Energy Requirement in Agriculture & its Management | Industry and Agri-Business |
Management of Animal Husbandry, Dairying & Aquaculture | Rural Infrastructure |
Watershed Management | High Tech Horticulture |
Global Business Environment & Rural Management | Precisions Farming |
Which Are the Top MBA Rural Development Colleges?
A list of some of the top colleges that offer MBA Rural Development courses are given below.
NIRF Ranking | Name of the Institute | Average Annual Tuition Fees | Average Annual Salary |
---|---|---|---|
22 | Symbiosis Institute of Business Management (SIBM) | INR 960,000 | INR 20.14 LPA |
52 | International Management Institute (IMI) | INR 627,950 | INR 7.12 LPA |
47 | Birla Institute of Management Technology (BIMTECH) | INR 1,200,000 | INR 8.13 LPA |
51 | Chandigarh University (CU) | INR 180,000 | INR 5 LPA |
76 | Lal Bahadur Shastri-institute of Management (IBSIM) | INR 672,500 | INR 8 LPA |
- | Rajarshi School of Management and Technology (RSMT) | INR 68,200 | - |
- | MIT College of Management (MITCOM) | INR 112,114 | INR 3 LPA |
- | Himachal Pradesh University HPU | INR 10,100 | INR 3.8 LPA |
- | Sarvottam Institute of Technology and Management (SITM) | - | - |
- | Kalka Group of Institutions 9KGI) | INR 59,700 | - |
- | Shri Ram Murti Smarak Institutions (SRMSI) | INR 132,982 | - |
MBA Rural Development: College Comparison
The difference between the top three colleges offering MBA Rural Development is mentioned below. The comparison is made on the basis of ranking, course fees, salary, and top recruiters.
Parameters | International Management Institute (IMI) | Symbiosis Institute of Business Management | Birla Institute of Management Technology |
Location | Kolkata | Pune | Greater Noida |
Overview | It is known to be the best college for MBA Rural Development. It offers premium management courses. Admissions are quite competitive for all the courses. | Symbiosis Institute of Business is known among the top colleges for MBA Corporate. Their faculty is the best faculty and mostly consists of Ph.D. holders. | It is among the top-ranked MBA Institutes. They offer various specializations in the field of Management, Science, and Design. |
NIRF Ranking 2020 | 52 | 22 | 47 |
Average Annual Tuition Fees | INR 627,950 | INR 960,000 | INR 1,200,000 |
Average Annual Salary | INR 17.12 LPA | INR 23.59 LPA | INR 18 LPA |
Top Recruiters | Aditya Birla Group, Ranbaxy Laboratories, Voltas, Hdfc Bank, Siemens, Hsbc Bank, Maxwell, Ing Vysya Bank, Reliance, Kotak Securities, Amul, Anand Rathi Securities, Fedex, Etc. | Abbott, Accenture, Adani, Aditya Birla, Aviva, Diageo, Godrej, Mahindra, etc. | Amazon, KPMG, Gartner, Infosys, Accenture, Maruti Suzuki, Marsh, HCL, HDFC Bank. |
Course Comparison: MBA Rural Development and MBA Corporate
MBA Rural Development and MBA Corporate are branches of MBA but some of the difference are listed below:
Parameter | MBA Rural Development | MBA Corporate |
---|---|---|
Overview | It is a curriculum that is oriented more towards qualifying trainees for managerial professions in an extensive assortment of organizations executing the growth projects and schemes directly or indirectly by non-governmental foundations. | It’s a research program that includes management, knowledge, and business nitty-gritty to keep up with corporate hurdles. |
Objective | An MBA Rural Development will provide aspirants with the skills and abilities required to manage and communicate with people about schemes and policies in rural areas. | An MBA Corporate will provide aspirants with the skills and abilities required to manage both the Company and the employees. |
Curriculum | The syllabus more or less remains the same with minor differences in different universities. | The syllabus more or less remains the same with minor differences in different universities. |
Fees | INR 3-20 LPA. | INR 2-17 LPA |
What are the MBA Rural Development Job Profiles
The popular career opportunities for such postgraduates include:
Job Position | Job Description | Average Annual Pay |
---|---|---|
Rural Development Officer | Rural Development Officers assist the Senior Program Manager to supervise activities of business under the Rural Development Program, including the administration of venture implementation progress, administration, and management of agreements and contracts. Also, they supervise the study of investment reports, the assistance of payments, assistance in management, and workshops, and are expected to support business associations. | INR 3,99,464 |
Business Development Manager | A Business Development Manager is accountable for improving the organization’s market status and attaining monetary increases. They lay down the long-term organizational decisive aims, recognize business possibilities, and establish key customer associations. Also, they accommodate and seal business deals, and keep a comprehensive awareness of prevailing market circumstances. | INR 5,63,674 |
Research officer | Research Officers direct research ventures from the preliminary stages to the end. They co-ordinate with associates and guarantee that all ventures and commissions are going to plan. They oversee and help congregate data, with the role varying by the essence of the industry. Most research officers and directors communicate their conclusions to superiors or consultative associations. | INR 4,00,333 |
Sales officer | Sales Officers offer retail items, merchandise, and assistance to customers. They operate for exclusive deals, which typically covers cold calling for fresh clients in an office environment, while in the department, they communicate directly with customers. | INR 2,43,402 |
National Sales Development Manager | National Sales Development Managers are accountable for developing efficacious techniques for advertising and retailing, coordinating with various managers of the organization. | INR 11,73,806 |
What is the MBA Rural Development Future Scope?
After the completion of the MBA Rural Development course, the candidates will have numerous higher studies options. The following courses/certificates can help you improve your employment trajectory and also increase your earnings.
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Ph.D. Business Management: The aim of the course is to provide scholars with the skills required to examine different issues in their field of study. It is a doctorate degree focused on research.
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ISB Certificate Programme in Business Analytics (CBA): The program is to provide academics with the expertise required to analyze past business implementation in order to carry out potential business outlines.
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Certification in Risk Management Assurance (CRMA): The qualification is awarded by the Institute of Internal Auditors (IIA). The qualification allows scholars to become a commissioned expert and direct management to the inspection committee.
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Certificate in Production and Inventory Management (CPIM): A internationally recognized certification is also the APICS CPIM (Certified in Manufacturing and Material Management). It sets out an out-and-out interpretation of a corporation's manufacturing policy and resource control in foreign operations.
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Project Management Professional (PMP): Project Management Institute (PMI) is a non-profit organisation in the realm of project management. PMP certification is approved worldwide. Companies hire the commitment of workers to the arenas of project management in places of involvement.
MBA Rural Administration: FAQs
Ques. Is a Commerce background useful for an MBA?
Ques. Is a BBA degree required to pursue MBA in Rural Development?
Ques. How to effectively prepare for the national level MBA in Rural Development examinations?
Ques. What is the scope for a fresher in MBA Rural Development who has no experience in the field of BBA and is not from a commerce background?
Ques. What is the salary for an MBA graduate who completed a course in MBA in Rural Development in Allahabad?
Ques. Is it possible to earn 25-30 LPA by pursuing a career after completing MBA in Rural Development?
Ques. Is an MBA worth the money?
Ques. Is an MBA in Rural Development after Civil Engineering a good option?
Ques. After completing BTech in Computer Science and Engineering, will an MBA in Digital Marketing be better for me or MBA in Rural Development?
Ques. Is MBA Rural Development the best course in the industry?