Agriculture & Food Business career : Paths, Opportunities & Earnings
Pallavi Priyadarshini PandaContent Writer
Agribusiness is a branch of business studies that deals with the business aspect of agricultural and corporate farming. Agribusiness is the study of agricultural goods production, processing, and inventories. Its primary focus is on the management of agricultural equipment and technology, natural resources, suppliers, labor, and other resources. The courses in Agriculture Business Management are designed by professionals to give students a solid background in agribusiness as well as the skills and information needed to seek a career in a number of agricultural businesses.
- Agriculture Business Management Career: Quick Facts
- Top Careers Profiles in Agriculture Business Management
- Emerging Trends in Agriculture Business Management
- Agriculture Business Management Scope in India: Jobs, Salary, and Further Education
- 4.1 Courses after Agriculture Business Management
- Top Recruiters for Agriculture Business Management
- Top Colleges for Agriculture Business Management
- FAQs Related to Agriculture Business Management
Agriculture Business Management Career: Quick Facts
- In India, 45.76% of the workforce is involved in agriculture and allied sectors. Although the percentage of workers in agriculture is decreasing, it remains the primary source of employment.
- Globally, 67.5% of employment in agrifood systems is in agriculture. Asia and Africa together account for 88% of global agrifood system employment, with China and India making up nearly 60% of that total.
- The employment of agricultural and food scientists is expected to grow by 8% from 2023 to 2033, which is faster than the average growth rate for all occupations.
Top Careers Profiles in Agriculture Business Management
Candidates can work in the warehouse, retail, seed, fertilizer, and pesticide industries, as well as in banks and insurance organizations. They can work as management experts in agricultural-related sectors, policymakers in financial industries, teachers, and researchers. They can also pursue careers in agriculture consultancy, media, agri-banking, high-tech farming, and agriculture engineering.
Job Roles |
Description |
Average Salary |
---|---|---|
Agricultural Supervisor | Agricultural administrators oversee the development of crops, animals, and other goods that can be sold to individuals or companies. They may be in charge of the day-to-day operations of commercial farming activities such as nurseries and big farms, or they may be looking for inactive landowners or farmers who need management assistance. | INR 1 - 5 LPA |
Commodity Merchandiser | A commodity merchandiser is a professional responsible for buying, selling, and trading commodities. | INR 1.6 - 7.2 LPA |
Farm Supervisor | Farm managers are in charge of crop selection, livestock production control, farming activity planning, managing another workforce, seeding, spraying crop protection chemicals, crop harvesting, marketing and sales crops, and documentary evidence of all details, including farm financial issues, and strategic planning to increase profitability and yield. | INR 1 - 6.5 LPA |
Agriculture Officer | Agriculture officials are responsible for ensuring that all agricultural products and processes adhere to local and state regulations. Their major objective is to examine, study, sample, and evaluate everything to ensure compliance with state and local legislation. | INR 2 - 9 LPA |
Agriculture Policy Analyst | An Agriculture Policy Analyst is a professional who specializes in examining, evaluating, and providing insights into agricultural policies. | INR 2.4 - 4.1 LPA |
Public Relations Manager | A Public Relations Manager is a specialist in charge of overseeing a company's media relations strategies. Their responsibilities include managing a staff of public relations experts to distribute tasks, producing or revising news releases before publication, and assisting their company in organizing events involving their industry and the local area. | INR 2.7 - 18 LPA |
Credit Manager | The main responsibilities of a credit manager include assessing the customer’s creditworthiness. Keeping meticulous records of firm loans and accepting or refusing loans depending on existing evidence. They are also in charge of calculating the interest rates on loans and reviewing the company's credit policy. | INR 3 - 13 LPA |
Marketing Assistant | A Marketing Assistant is an entry-level position within a marketing department or team, providing support to marketing managers or executives in various tasks and activities aimed at promoting a company's products or services. | INR 3 - 14.6 LPA |
Sourcing Specialist | A Sourcing Specialist is a professional responsible for identifying, evaluating, and selecting suppliers or vendors for a company's products, services, or materials. | INR 2 - 2.5 LPA |
Farm Appraiser | A Farm Appraiser is a professional who specializes in assessing the value of agricultural properties, including farms, ranches, rural land, and agricultural facilities. | INR 4.1 - 5.2 LPA |
Note: The average salary has been taken from Ambitionbox.com.
Recommend topics for a career in Agribusiness:
All About Agriculture Business Management
Emerging Trends in Agriculture Business Management
Emerging trends in Agriculture and Food Business Management programs reflect the evolving landscape of business and the skills required to succeed in today’s market.
Candidates can see the following trends that they can witness in their career after pursuing an Agriculture Business Management:
- Internet of Things: Evaluating crop yields in traditional farming methods demands significant labor, time, and effort. The Internet of Things (IoT) offers an alternative to these conventional approaches. An IoT device is equipped with one or more sensors that collect data and provide accurate information through mobile applications or other means in real-time.
- Artificial Intelligence: Consolidating simulated intelligence in horticulture allows farmers to continuously assess their field conditions, enabling them to be proactive. Artificial intelligence provides valuable insights for predicting weather patterns, crop yields, and costs, which helps farmers make informed decisions. Chatbots offer advice and information to farmers as well. Additionally, artificial intelligence and machine learning algorithms automate the detection of anomalies and diseases in plants and animals.
Agriculture Business Management Scope in India: Jobs, Salary, and Further Education
Agribusiness graduates can work in a wide number of businesses and jobs, including accounting, finance, and banking, as well as controlling seed yield, farm management, global marketing, and retail sales. Professionals can work in product development firms, retail marketing companies, food processing firms, consultancies, and public, governmental, or banking institutions.
Sectors |
Description |
---|---|
Banking Sector | The banking industry has expanded significantly in recent years. The graduates of the agriculture and food business can find employment in this sector which plays a major role in loan lending and providing expert advice to farmers. |
Food Processing Firms | Food processing plants serve as a bridge between agriculture and industry. Food processing firms can absorb a significant portion of agricultural workers who are facing disguised unemployment. It has the potential to boost efficiency and GDP growth. |
FMCG Firms | Every day, nearly everyone consumes fast-moving consumer goods (FMCG). They are small-scale consumer purchases made at produce stands, supermarkets, groceries, and warehouse shops. Milk, candy, fruits and vegetables, cleaning supplies, soda, alcohol, and over-the-counter medications come under FMCG products. |
Retail industry | Retailing benefits consumers because merchants conduct marketing functions that allow customers to access a wide range of items and services. Retailing also contributes to creating place, time, and possession utilities. The service provided by a shop also assists in improving the image of a product. Retailing has a massive economic influence. |
Universities and Colleges | Agriculture teachers are in charge of teaching students about farming and agriculture science. They may address soil structure, agricultural rotation, livestock farming, and other related issues. Agriculture teachers frequently work with a small group of pupils for a whole school year or semester. This enables them to form relationships with their students and become acquainted with them on a more personal level. It also allows them to develop classes that are specific to each student's requirements and interests. |
Note: The information is taken from external sites and may vary.
Courses after Agriculture Business Management
The demand for management graduates is rising significantly with an increase in the number of start-ups. After completing an MBA in Agriculture and Food, graduates have several options for further education to enhance their skills and career prospects. These courses can enhance knowledge, skills, and career opportunities in various fields after completing an Agriculture and Food Degree in MBA.
Here are some popular courses with descriptions:
Courses |
Description |
---|---|
PhD in Agricultural Economics | This program emphasizes the economic aspects of agriculture, including market analysis, policy impacts, and resource allocation. It is suitable for those interested in the financial and economic challenges within the agribusiness sector. |
PhD in Food Science | This option explores the scientific study of food, encompassing its production, processing, and safety. If you are passionate about food quality and innovation, this may be a suitable choice. |
PhD in Agribusiness Management | This program integrates business principles with agricultural practices, emphasizing management strategies in agribusiness contexts. It’s perfect for anyone looking to enhance their understanding of the business aspects of agriculture. |
PhD in Environmental Science or Policy | If you're interested in the broader environmental impacts of agriculture, this route allows you to explore policies and practices that promote sustainability in food production. |
Note: The information is taken from external sites and may vary.
Top Recruiters for Agriculture Business Management
A variety of organizations in India hire people who have completed an Agriculture Business Management program. The following are some of the most well-known recruiting firms:
Agriculture and Food Business Top Recruiters | ||
---|---|---|
INI Farms | Cloudtail | Reckitt Benckiser |
KPMG | Reliance Industries | ADM |
IBM | ICICI | Tata |
Amazon | Olam | Dhaanya Seeds |
Afri Venture | JK Agri | PHI Seeds |
Britannia | Dabur | HPC Biosciences Ltd |
Relevant Links for Agriculture and Food Business Career:
Top Colleges for Agriculture Business Management
Some of the colleges offering courses in Agriculture Business Management with their average salaries are mentioned below:
Name of College/Institute |
Average Annual Package |
---|---|
IIM Lucknow | INR 27 LPA |
IIM Ahmedabad | INR 20 LPA |
Garware Institute of Career Education and Development | INR 18 LPA |
Punyashlok Ahilyadevi Holkar Solapur University | INR 14.86 LPA |
Symbiosis Institute of International Business | INR 10.91 LPA |
National Institute of Agricultural Extension Management (MANAGE) | INR 10.35 LPA |
St. Xavier’s College Bangalore | INR 10 LPA |
Gujarat University | INR 8.75 LPA |
Birsa Agricultural University (BAU) | INR 8.09 LPA |
Banaras Hindu University | INR 8 LPA |
Graphic Era Deemed to be University | INR 7.5 LPA |
Note: The information is sourced from the official/counseling body and may vary.
FAQs Related to Agriculture Business Management
Q. What is Agriculture Business Management?
A. Agribusiness management, also known as agricultural business management, applies business methods and theories to the agricultural industry in order to reduce costs, increase revenues, and ensure that farm or food products are developed and supplied efficiently.
Q. What are the skills required to pursue Agriculture Business Management courses?
A. Students interested in pursuing Agriculture Business Management courses must possess problem-solving skills, marketing capabilities, emotional stability, decision making and managerial skills, besides Quality Management strategies.
Q. What are the various types of courses in Agriculture Business Management?
A. Desirous students can pursue BCom, BSc,BBA, MBA, MSc, PhD and Diploma courses in Agriculture Business Management. Students can choose the course as per their convenience and suitability.
Q. What are the career options after completing Agriculture Business Management?
A. Agribusiness graduates can work in a wide number of businesses and jobs, including accounting, insurance, and banking. They can also enter the seed production, farm management, and international marketing industries.
Q. What are the job profiles after Agriculture Business Management?
A. Students can take up the following job profiles after completing Agriculture Business Management. They are:
- Human Resources Specialist
- Marketing Assistant
- Financer
- Quality Controller
- Market Analyst
- Relationship Manager
Q. What are the main subjects taught in Agriculture Business Management?
A. The main subjects taught in Agriculture Business Management are:
- Agricultural Economics and Agricultural Marketing
- Food, Environment, and Culture
- Precision Agriculture and Data Handling
- Professional Skills in Agriculture and Horticulture
- Soil Science
- Commodity Trade and Pricing
Q. What are the learnings of BSc in Agriculture?
A. Bachelor of Science in Agriculture Business Management is a three-year undergraduate programme. The BSc degree in Agriculture Business Management teaches about the management of agricultural and other land-based businesses and organisations.
Q. What are the top colleges offering Agriculture Business Management courses?
A. Some of the top colleges offering Agriculture Business Management courses are:
- IIM, Lucknow
- IIM, Ahmedabad
- Amity University, Jaipur
- KIIT School of Rural Management, Bhubaneswar
- LPU, Jalandhar
- BHU, Varanasi
- AMU, Aligarh
- Imperial School of Agri-Business
Q. What are the top recruiters hiring Agriculture Business Management graduates?
A.Companies that majorly hire Agriculture graduates are:
- Reliance Industries Rabobank
- INI Farms Cloudtail
- Reckitt Benckiser ADM
- KPMG IBM
- ICICI Tata
- Amazon Olam
- Dhaanya Seeds Afri Venture
- JK Agri PHI Seeds
Q. What are the salaries in big cities for agriculture students?
A. The graduates of various agriculture courses can earn an average annual salaries raning from INR 3 to INR 20 lakhs. Their pay package increases with experience and degrees.
Q. Is agriculture management a good career path to take?
A. In a developing country like India, the agri-business industry has developed as a crucial field. A career in agribusiness can lead to opportunities in farming, housing, retail marketing, food manufacturing, and crop yields.
Q. What is the scope of Agriculture and Food Business Course?
A. India is leading the way in commercial agriculture by focusing on advanced technology. As more people invest time and money in this developing industry, the need for professional agribusiness management courses has expanded dramatically in recent years.
In terms of agriculture, India is one of the most important countries. With its significant population, India has an immediate need for agricultural production that cannot be met solely through traditional farming practices; they are looking to commercialize this sector with assistance from experts who know how to best utilize new tech and the management skill sets required today.
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Popular Agriculture & Food Business Colleges in India
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Popular Private Agriculture & Food Business Colleges in India
Most Popular Courses
Popular Courses
- MBA in Food and Agri Business ManagementIIM Ahmedabad - Indian Institute of Management
- Post Graduate Program in Agribusiness Management (PGP-ABM)IIM Lucknow - Indian Institute of Management
- Integrated BBA + MBALPU - Lovely Professional University
- Master of Business Administration (MBA)Graphic Era Deemed to be University
- PGDM in Agri Business ManagementNational Institute of Agricultural Extension Management (MANAGE)
- MBA in Agri Business ManagementSymbiosis Institute of International Business, Symbiosis International, Pune
- Post Graduate Diploma in Management - Agri Business & ManagementVaikunth Mehta National Institute of Cooperative Management
- BBA in Agri Business ManagementParul University
- PGDM in Rural Management with Business AnalyticsFaculty of Management Studies, Institute of Rural Management
- Master of Business Administration (MBA)AKS University
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News & Updates
Student Forum
Answered 2 weeks ago
Alternate options for aspiring candidates wanting to pursue an MBA in Agri-business Management outside the walls of IIMs include MANAGE Hyderabad;
National Institute of Agricultural Marketing (NIAM) Jaipur;
Pune-based Symbiosis Institute of International Business (SIIB);
and Bhubaneswar-based KIIT Sch
R
Contributor-Level 10
Answered a month ago
SGT University MBA Agri-Business course curriculum include minor courses, major courses, supporting courses, compulsory common courses, and basic courses for summer internship and project. The two-year course is divided into four semesters. Mentioned below are the compulsory common courses:
- Library a
M
Contributor-Level 9
Answered 2 months ago
The specialisation elective subjects are included in the course curriculum from the third semester or second year of the course. Along with this, the course curriculum include core courses, mandatory courses, and specialisation core courses. Mentioned below are some of the Amity University MBA in Ag
M
Contributor-Level 9
Answered 2 months ago
ITM University, Gwalior MBA in Agri Business is a 2 years PG degree. Candidates must secure a minimum aggregate of 60% in graduation, achieved from a recognised university to seek admission at ITM University, Gwalior for MBA in Agri Business. The eligibility criteria may require qualification of an
A
Contributor-Level 10
Answered 2 months ago
Yes, an MBA in Agri-Business is certainly a good course to pursue. SIIB Pune offers the course in full-time mode across multiple specialisations, such as Rural Marketing, Agriculture Finance, Microfinance, Agri Input Marketing, and many more. Agriculture is an integral part of our country, with more
V
Contributor-Level 10
Answered 2 months ago
SIIB Pune offers a full-time postgraduate degree in MBA Agri Business on an entrance basis. To get into this course, students must fulfil the admission criteria as per the institute's guidelines. The institute shortlists the students based on several parameters including, entrance exam and GEPI scor
V
Contributor-Level 10
Answered 2 months ago
All the important details related to MBA Agri Business placements 2024 are mentioned in the table below:
Particulars | MBA Agri Business Placement Statistics (2024) |
---|---|
Highest package | INR 16.18 LPA |
Average package | INR 10.04 LPA |
Median package | INR 10.33 LPA |
Top 10% package | INR 14.77 LPA |
Top 25% package | INR 12.99 LPA |
Top 50% package | INR 11.89 LPA |
A
Contributor-Level 10
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Can you suggest some colleges for pursuing MBA in Agri-business Management except IIM?