Master of Business Administration (MBA) in Rural Development Eligibility, Top Colleges, Syllabus, Duration, Salary

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Pranjal Singhal

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MBA in Rural Development is a 2-year postgraduate Banking and Insurance course, the minimum eligibility is Graduation from a recognized college or its equivalent exam. Admission in this course it depends on the student’s performance in a relevant entrance test and the consequent round of counseling.

Few of the entrance exams that are led for admission into top colleges and universities include:

Some of the top colleges and institutes which provide admission to MBA in Rural Development are as follows:

The average tuition fee charged for the course in India ranges between INR 10,000 to 10 Lacs, for a span of 2 years.

MBA in Rural Development is a postgraduate Rural Development and Management course. The course prepares students for managerial positions in a wide variety of institutions implementing the development plans and projects directly or indirectly through non-governmental organizations. There is great demand for managers who understand the development needs and ground realities of the rural areas and have a commitment to the development of rural India. Specialized institutions and agencies require applicants with an understanding of rural needs, which can frame and understand development strategies and policies which can be implemented for the achievement of planned targets and outcomes.

Such graduates are hired in capacities such as Sales/Business Development Manager, Rural Development Officer, Purchase/Vendor Development Manager, Business Development Executive, Sales Officer, National Sales Development Manager etc. The average annual salary offered to such professionals ranges between INR 3 to 20 Lacs, increasing with students experience and expertise.

Top Colleges for Master of Business Administration [MBA] (Rural Development)

MBA in Rural Development: Course Highlights

Given below are some of the main highlights of the course:

Course Level Post Graduate
Duration of the Course 2years
Examination Type Semester and Annual
Eligibility Graduation
Admission Process Entrance exam and Merit Based
Average Course Fee INR 10,000 to 10 lacs
Average Starting Salary INR 3 lacs to 20 Lacs
Top Recruiting Companies Amul, Godrej Industrial Limited, Dabur India Ltd, PepsiCo India Holdings, Nestle India Pvt. Ltd, Britannia Industries Ltd, ITC Limited, Parle Products Pvt. Ltd, Agro Tech Foods, ICICI Bank, HDFC Bank, Nandi Foundation, PRADHAN, CARE, SEWA, BAIF, SevaMandir, etc.
Top Job Areas Insurance Companies, Academic Institutions, Research & Consultancy Firms, Banks, Tata Teleservices, Finance Institutions, ICICI Bank, Amul, Shriram Group, Rural and Agriculture Financing etc.
Top Job Positions Sales/Business Development Manager, Rural Development Officer, Purchase/Vendor Development Manager, Business Development Executive, Sales Officer, National Sales Development Manager etc.

MBA in Rural Development: What is it all about?

Master’s degree in rural development and management is a dual postgraduate degree that not only teaches the specific subjects, skills and innovative measures required for the development of a rural area but also provide the techniques and approaches needed to manage them effectively on the side as well. Therefore the people who gain this masters degree can be great leaders in their own areas and can help many people at the same time collectively too.

MBA in Rural Development adjust an applicant professionally for preparing and developing that is systematic and might help in the uplifting of the rural region. With an MBA degree, an applicant develops many skills necessary for managing the difficulties that he/she can come across throughout on-field jobs. MBA in Rural Development course helps him/her to develop a personality and traits that are helpful in communicating with the individuals and convincing them regarding methods that can be useful.

An applicant to possess a friendly attitude and should possess a sense towards rural community and an attitude to work for them. This course works towards molding the applicants, who have a heart for the rural area and a mind that thinks and talks business. By pursuing MBA in Rural Development the people, as well as groups, imbibe in them a sense of respect for those who are less-privileged and are poor.

Applicant should have the problem-solving skill, the ability for working with clients with diverse interests, interest in farming, planning etc. They should possess a willingness to work in rural areas as it is a tough work. Applicants also have good communication skills, knowledge of local languages, ability to handle masses, analytical reasoning, leadership skills, problem-solving skill, the ability for working with clients with diverse interests, interest in farming, planning etc. Students who want to go for further research work and become a teacher; lecturer/professor also is good ones for it.

MBA in Rural Development: Top Institutes 

Given below are some of the top institutes in India that offer the course:

NAME OF INSTITUTE CITY AVERAGE ANNUAL FEES
The University of Delhi, Faculty of Management Studies New Delhi, Delhi NCR 10,480
Jamnalal Bajaj Institute Of Management Studies Mumbai, Maharashtra 1,02,000
Christ University Bangalore, Karnataka 1,53,000
Department of Management Studies IIT Delhi New Delhi, Delhi NCR 4,00,000
Symbiosis Institute of Business Management Pune, Maharashtra 4,68,000
Department of Management Studies, Indian Institute of Technology Roorkee, Uttarakhand 2,09,000
Symbiosis Institute of Business Management Bangalore, Karnataka 5,63,000
Symbiosis Institute for Management Studies Pune, Maharashtra 5,08,000
Bharathidasan Institute of Management Thiruchirapalli, Tamil Nadu 5,33,000
Department of Management Pilani, Rajasthan 77,500
ICFAI Business School Hyderabad, Telangana 1,65,000
CMS Business School, Jain University Bangalore, Karnataka 3,88,000

MBA in Rural Development: Eligibility 

A bachelor`s degree in any discipline is required for pursuing an MBA degree in Rural Development.

Some reputed colleges and universities conduct a common entrance test (GMAT, CAT, XAT, MAT, SNAP, etc) for admission into its management programs. The common entrance exams include various papers such as General English, Data Analysis and Interpretations, Problem Solving, Numerical Ability, Logical Reasoning, Quantitative Aptitude and General Awareness.

MBA in Rural Development: Admission Process

Generally, admission to an MBA program is through any one of the nationally conducted entrance exams like CAT, MAT etc.

For Admission to Rural Development degree, students will have to appear in any one or more of the nationally conducted entrance exams. On the basis of performance in the entrance test, Group Discussion and Personal Interview, management Institutes prepare a shortlist of students for admission. Some weight is also given to marks scored in Higher Secondary and Graduation level examination.

Below are the few entrance tests that are conducted by some of the MBA in Rural Development colleges in India:

MBA in Rural Development: Syllabus and Course Description

A year-wise breakup of the course’s syllabus is tabulated 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 Programmes
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 Development Precisions Farming

MBA in Rural Development: Career Prospects

MBA in Rural Development degree holders can find employment in areas such as Insurance Companies, Agencies, Academic Institutions, Banks, Financial Instutions, etc. There is a wide variety of career opportunities available for students of MBA in Rural Development course.

Top recruiters in this field are Amul, Godrej Industrial Limited, Dabur India Ltd, PepsiCo India Holdings, Nestle India Pvt. Ltd, Britannia Industries Ltd, ITC Limited, Parle Products Pvt. Ltd, Agro Tech Foods, ICICI Bank, HDFC Bank, Nandi Foundation, PRADHAN, CARE, SEWA, BAIF, SevaMandir, etc

Students can also pursue higher studies in M.Phil in Rural Development and Ph.D. in Rural Development.

Master of Business Administration (MBA) in Rural Development annual salary
JOB POSITION JOB DESCRIPTION AVERAGE ANNUAL SALARY
Rural Development Officer Rural Development Officers are responsible to help the Senior Managers to manage and oversee activities of work under the Rural Development Program, including the verifying of business implementation progress, management and administration of contracts and agreements. INR 3 to 4 Lacs
Business Development Manager A Business Development Manager is in charge of increasing the organization’s market position as well as achieving financial growth. INR 5 to 6 Lacs
Research Officer Research Officers are responsible to direct research projects from the early stages to the last. They coordinate with employees and guarantee that all ventures and errands are going to plan. INR 4 to 5 Lacs
Sales Officer Sales Officers are in charge to offer retail products, merchandise, and services to customers. They work for inside sales, which continuously involves cold calling for new clients in an office setting, while on the field, they interact directly with new or existing customers. INR 2 to 3 Lacs
National Sales Development Manager National Sales Development Managers are in charge of building up powerful strategies for promoting, advertising and marketing, coordinating with various executives of the organization. INR 8 to 10 Lacs

Master of Business Administration [MBA] (Rural Development) : 9 answered questions

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Ques. Which college is better for a rural management course, IRM Jaipur or the KIIT School of Rural Management?

● Top Answer By Admin on 15 Jul 21

Ans. One of my friends is an alumnus of KIIT School of Rural Management. So, I am going to share the details as per his experience. MBA (RM): The MBA (RM) program is divided into four semesters and field segments. The fee and placements information is given below. Fee INR 7.59 Lakhs Average Package INR 6.75 LPA Highest Package INR 8 LPA Placement Percentage 100% Field Segments: There are three Field Segments spread across these four semesters: Action Research Segment Case Study Research Segment Management Trainee Segment Here, you get to work every two months with different organizations on multiple ranges of projects. These segments give practical exposure to the actual challenging environment outside books and classrooms. After the program, students feel confident and have hands-on experience that many don’t possess. The organizations that visit on campus for field segments and final segments are Bank of Baroda, Myntra, Axis Bank, AP Moller – Maersk, Agribusiness Systems International, Ambuja Cement Foundation, L&T Finance, Lupin Ltd, PepsiCo, CABI, DuPont Pioneer, IndusInd Bank, Tata Chemicals, UNICEF, Edelweiss Financial Services, FCI, and more. The institute has a legacy of students known for their hard work and dedication in their respective organizations.Read more
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Ques. I've got two options, TAPMI PGDM and IRMA PRM. What should I choose?

● Top Answer By Dummy test on 19 May 21

Ans. If you are interested in working with the organizations that work for the rural sector and are engaged with rural communities, then choose IRMA PRM.  IRMA: IRMA is very much interested and concerned in the development and management of the rural communities and this perspective makes it different from other colleges.  Choosing IRMA PRM doesn't only mean that you have to work in the rural sector. There are various kinds of job roles available in this field. You can choose to work in sales in sectors like diaries and for agricultural products.  You can work in the finance sectors like Microfinance and Agrifinance.  There are also various organizations like HDFC Bank, Yes Bank, Fullerton that come to campus for interviews and recruit students for various job roles.  Apart from these, some rural agricultural businesses and rural marketing organizations also recruit students from this college.  TAPMI: The MBA at TAPMI is just a general MBA that has a more traditional approach. Also, TAPMI has a great campus.  Here’s a brief highlight of 2021 placements at the institutes. Parameters  IRMA PRM  TAPMI Average CTC 10.76 LPA 11 LPA Highest CTC 19 LPA 25 LPA Hence, choosing for IRMA PRM will be a better choice as there are various kinds of job roles related to the rural and agricultural sector and also has less competition than courses like general MBA and PGDM.Read more
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Ques. Is it worth investing 11 lacs in Rural Management from XIMB? Can the amount be recovered after 2-3 years of placement?

● Top Answer By Admin on 20 Apr 21

Ans. XIMB-RM lands under the umbrella of XUB, the brand. Xavier University, Bhubaneswar is ranked tenth among the Top 50 Private State Universities in India by the Outlook ICARE University Ranking 2020. Winning Status: Apart from the general business management program, it is worth investing the fee of INR 11 Lakhs in the rural management program. Reasons: There is an increase in the scope of this field because of change in the socioeconomic factors and government policies on rural upliftment. The rate of recovering the ROI on the performance of the students in the campus placements. The placement figures are below. Average Salary INR 8 LPA Average of Top 50% INR 9.33 LPA Average of Top 20% INR 10.84 LPA Average of Top 10% INR 12.65 LPA Highest Salary (Domestic) INR 15 LPA The placement is in different fields covering, NGOs, banks, consulting firms, and FMCG companies. Therefore, it depends upon the student’s area of interest. It is possible to repay the loans in approximately a year and a half. The brownie points of joining the RM program are that there are nearly around five thousand management professionals in competition to five lakh HR & BM professionals. The amount invested in the institute can be quickly recovered before two years of the job after the course, but only if the student is inclined towards the branch. There are lucrative growth prospects in RM that is higher than any other branch. The reason being, the way the government is trying to develop rural India.Read more
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Ques. Has the course of Rural Management at XIMB deteriorated?

● Top Answer By Komal Yadav on 20 Apr 21

Ans. Xavier Institute of Rural Management which is also a part of XIMB Bhubaneswar offers MBA in rural management program. This program gives the student a MBA Plus orientation along with a regular MBA program. This program offers practical exposure to the rural management along with the classroom programs. There are flagship programs like gramotsavam which are conducted every year by the college. In this event the students get exposure to villages and this helps them to develop their communication and marketing skills while speaking with rural people. The performance of this program can be evaluated from the placement reports of 2018 and 2020. Particulars Placement report of 2018 Placement report of 2020 Highest salary offered 13.75 LPA. 13.20 LPA. Average salary 7.67 LPA. 7.78 LPA. Median annual compensation 7.40 LPA. 7.50 LPA. Average annual compensation of the top 20% of the batch 10.05 LPA. 10.85 LPA Average annual compensation of the top 50% of the batch 8.70 LPA. 9.33 LPA. Number of participating recruiters 33 35 It can be seen from the above comparison of placement reports that overall the performance in placement of 2020 has been better as compared to the placements of 2018. Although the highest salary has been little less as compared to 2018 but overall the performance was good. New recruiters were also added as well. Healthcare sectors in placements were also added. BFSI and financial inclusion sectors offered the highest salaries and showed a 41.44% rise in the total numbers of offers being made.Read more
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Ques. Is rural management from XIMB - 3 years work experience with TCS worth it?

● Top Answer By Dhruv Kaushik on 20 Apr 21

Ans. Firstly, it is important to understand what management means to you. Yes, just like People going to Microsoft or Google post-Engineering were passionate about coding/computers vis-a-vis those who opted for say a TCS/Wipro. Therefore, if a Management education is an escape route from the monotonous coding life, do not go for this degree. Simply because after a few years of working, you might find yourself in a regretful situation. Now coming to XIMB, Bhubaneswar as a college, these are the key highlights. The colleges have an impeccable infrastructure. The faculty is great. Great campus culture Good placements However, check the following reasons why you should not go for the Rural Management course. The Rural Management course requires a lot of fieldwork and expedition which won’t suffice the basic ROI model. The course is shifted to the other campus which is situated in a suburban area. This is a huge downfall as you might be curtailed from important facilities and infrastructure. Placement may not be that great, having invested 13 lacs as the course fee itself. With mediocre placement records, this might not be a good return on your investment. With a 3 year experience in TCS and a continuous C band, the salary you have now will be more or less equal to what you might get after placements. Hence, it won’t make a huge difference. Undoubtedly, the scope for courses like Rural Management is limited, that’s why most people who acquire an RM degree go for corporate jobs at last. Categories Rural Management in XIMB Course Fee 13.80 lakh Highest CTC 13.2 LPA Average CTC 9 LPA Overall, if you are very much into the management sector, go for courses like MBA and other PGDM courses instead of Rural Management. Limited scope, extensive fieldwork, mediocre placements is not a good return when you pay such a high fee. Hence, choose wisely.Read more
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Master of Business Administration [MBA] (Rural Development) Fee Structure in India


2.20 K (Minimum Fee)PUBLIC COLLEGES3.02 L  (Maximum Fee)
1.20 L (Average Fee)
76 K (Minimum Fee)Private COLLEGES4 L (Maximum Fee)
1.97 L (Average Fee)

Master of Business Administration [MBA] (Rural Development) Fee Structure By state


Uttar Pradesh

2.20 KPUBLIC COLLEGES3.02 L
1.68 L
76 KPrivate COLLEGES4 L
1.97 L

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Master of Business Administration [MBA] (Rural Development) Colleges IN INDIA

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Devi Ahilya Vishwavidyalaya
Indore, Madhya Pradesh
UGC
61.5 K first year fees
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Jaipuria Institute of Management
Ghaziabad, Uttar Pradesh
AICTE
4 L Total fees
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10.1 K first year fees
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38 K first year fees
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68.2 K first year fees
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1.15 L first year fees
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59.7 K first year fees
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