Master of Business in Rural Development and Management Top Colleges, Syllabus, Scope and Salary

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Pranjal Singhal

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M.B.A. in Rural Development and Management is a 2-year postgraduate course in Rural Development and Management.

Rural Development and Management involves the application of management principles to the advancement of the rural sector. This entails:

  • Planning
  • Organizing
  • Controlling cooperatives and related organizations in the field of agriculture.

Students enrolled to the course are exposed to:

  • challenging responsibilities in rural and developmental organizations.
  • visits to rural areas.
  • interaction and stay with villagers as a part of the course’s fieldwork.
  • an organizational internship, to give them a hands-on experience of working in a rural setup.

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

The course has been designed to train such students for:

  • managerial positions in a wide variety of institutions.
  • implementation of developmental plans and projects directly or indirectly through non-governmental organizations.
  • understanding the development needs and ground realities of the rural areas.
  • professionally committing to the development of rural India.
  • understanding rural needs.
  • framing development strategies and policies.
  • contributing to achievement of planned targets and outcomes.

The course can be pursued after successful completion of graduation from a recognized university, with a minimum aggregate score of 45%, or equivalent qualification.

Such postgraduates 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 tuition fee charged for the course in India ranges between INR 5000 and 2 Lacs for a span of 2 years.

The average annual salary offered to successful professionals of the discipline in India ranges between INR 3 and 12 lacs, increasing with the candidate’s experience and skillset.

M.B.A. in Rural Development and Management: Course Highlights

Listed below are some of the major highlights of the course.

Course Level Post Graduation
Duration 2 years
Examination Type Semester System/Year wise
Eligibility Graduate
Admission Process based on entrance exam
Course Fee INR 5,000 to 5 Lacs
Average Starting Salary INR 3 to 12 lacs per annum
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, Seva Mandir, etc.
Top Recruiting Areas Insurance Companies, Academic Institutions, Research & Consultancy Firms, Banks, Tata Teleservices, Finance Institutions, ICICI Bank, Amul Shriram Group, Rural and Agriculture Financing, and such.
Job Positions Sales/Business Development Manager, Rural Development Officer, Research Officer, Rural Executives, Rural Manager, Senior Program Officer, Trainer, Researcher, Consultant, Project Coordinator/ Project, Rural Minister, Purchase/ Vendor Development Manager, Business Development Executive, Sales Officer, National Sales Development Manager, among others.

M.B.A. in Rural Development and Management: What is it About?

The discipline consists of concepts that can be applied in real life.

India being a country of farmers & villages, more than 60% of the population lives in rural areas.

The course has been designed to uplift rural poor who:

  • cannot take full advantage of the resources available in urban areas.
  • are deprived of proper access to education.

Ideal candidates for the course would possess:

  • problem-solving skills.
  • ability to work with clients with diverse interests.
  • interest in farming, planning.
  • willingness to work in rural areas.
  • good communication skills.
  • knowledge of local languages.
  • ability to handle masses.
  • analytical reasoning.
  • leadership skills.

Top Institutes offering M.B.A. in Rural Development and Management

Listed below are some of the top institutes in India that offer the course.

Name of Institute City  Average Fees (INR)
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 of 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
International School of Business and Research Bangalore, Karnataka 3,50,000
Motilal Nehru National Institute of Technology Allahabad, Uttar Pradesh 51,151
Faculty of Management Studies, Banaras Hindu University Varanasi, Uttar Pradesh 30,765
Cochin University of Science and Technology Kochi, Kerala 26,555
Department of Management Science, Savitribai Phule Pune University Pune, Maharashtra 66,264
GIBS Business School Bangalore, Karnataka 2,55,000
Amrita School of Business Coimbatore, Tamil Nadu 4,11,000
Flame University Pune, Maharashtra 5,80,000

Eligibility for M.B.A. in Rural Development and Management

Listed below are the minimum criteria which candidates interested in pursuing the course are required to fulfil, in order to be eligible to apply for the course.

  • Successful completion of graduation in any stream, from a recognized university.
  • A minimum aggregate score of 45% (40% for SC/ST candidates) at the level of graduation.

M.B.A. in Rural Development and Management: Admission Process

Most institutes offering the course admit students based on performance in a relevant entrance test. Admission process generally varies across colleges.

Listed below are some of the entrance exams conducted in the country for admission to the course.

  • MAT (Management Aptitude Test)
  • CAT (Common Admission Test)
  • CMAT (Common Management Admission Test)
  • XAT (Xavier Aptitude Test)
  • GMAT (Graduate Management Aptitude Test –Abroad)
  • SNAP (Symbiosis National Aptitude Test)
  • N-MAT (Narsee Monjee Aptitude test)
  • MH-CET (Maharashtra Common Entrance test
  • IBSAT (ICFAI Business School Admission Test)
  • IIFT (Indian Institute of Foreign Trade)
  • ATMA (AIMS Test for Management Admissions)
  • TANCET (Tamil Nadu Common Entrance Test)
  • AMUCAT (Aligarh Muslim University AMU CAT)
  • AMRITA (Amrita Vishwa Vidyapeetham)
  • BMAT (Bharati Vidyapeeth Management Aptitude Test)
  • FMS (Faculty of management Studies)
  • ICET (AP ICET 2020 - Integrated Common Entrance Test)
  • KIITEE (KIIT Entrance Examination<)/a>
  • KMAT (Karnataka Management Aptitude Test)
  • MICA (Mudra Institute of Communications, Ahmedabad Admission test)
  • OPENMAT (IGNOU OPENMAT MBA Entrance Exam)
  • RMAT (Rajasthan Management Aptitude Test)
  • SRMCAT (SRM Common Admission Test)
  • HPCAT (Himachal Pradesh Combined Aptitude Test)
  • UPSEE (UP State Entrance Examination).

M.B.A. in Rural Development and Management: Syllabus and Course Description

A semester-wise breakup of the course’s syllabus is tabulated here.

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 Development Precisions Farming

M.B.A. in Rural Development and Management: Career Prospects

Such rural managers are often employed as Village Development Officers (VDO) across organizations such as:

  • Indian Institute of Rural Management
  • Pradhan
  • Nandi Foundation
  • CARE
  • SEWA
  • Seva Mandir
  • BAIF, etc.

Popular hiring areas for such professionals include:

  • rural co-operative sector
  • agri-business enterprises
  • agricultural marketing
  • administration of agro-based items
  • developmental schemes & programs.

Some of the popular professional avenues open to successful postgraduates of the course are listed below with the corresponding salaries offered for the respective positions.

Master of Business [M.B.A.] in Rural Development and Management annual salary
Job Position Job Description Average Annual Pay Scale in INR
Rural Development Officer

Rural Development Officers help the Senior Program Manager to oversee activities of work under the Rural Development Program, including the checking of venture implementation progress, administration, and management of agreements and contracts.

Also, they oversee survey of venture reports, assistance of payments, assistance in administration, and workshops, and support of associations with key partners.

3,99,464
Business Development Manager

A Business Development Manager is responsible for enhancing the organization’s market position and achieving financial growth. They lay down the long-term organizational strategic goals, identify business opportunities, and build key customer relationships.

Also, they negotiate and close business deals, and maintain extensive knowledge of current market conditions.

5,63,674
Research Officer

Research Officers direct research ventures from the early stages to the last. They co-ordinate with colleagues and ensure that all ventures and errands are going to plan. They supervise, or help assemble information, with the role differing by the nature of the industry.

Most research officers and directors report their findings to superiors or advisory groups.

4,00,333
Sales Officer Sales Officers offer retail items, merchandise and services to clients. They work for inside sales, which regularly includes cold calling for new customers in an office setting, while on the field, they interact directly with new or existing customers. 2,43,402
National Sales Development Manager

National Sales Development Managers are responsible for building up powerful techniques for promoting and marketing, co-ordinating with different executives of the organization.

They are responsible for ensuring fruitful execution of tasks and profit-generation of the company by overseeing teams of Regional Sales Managers.

1,173,806

Master of Business Administration [MBA] (Rural Development and Management) : 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 and Management) Fee Structure in India


1.19 L (Minimum Fee)PUBLIC COLLEGES1.47 L  (Maximum Fee)
1.33 L (Average Fee)
25.06 K (Minimum Fee)Private COLLEGES1.64 L (Maximum Fee)
1.01 L (Average Fee)

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


Uttar Pradesh

1.19 LPUBLIC COLLEGES1.19 L
1.19 L
1.24 LPrivate COLLEGES1.64 L
1.43 L

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

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2.5 L first year fees
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12.53 K first year fees
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Himalayan University - [HU]
Itanagar, Arunachal Pradesh
RCI
AKS Management College
Lucknow, Uttar Pradesh
AICTE
64.7 K first year fees
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84.5 K first year fees
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SRLT Group of Institutions
Etawah, Uttar Pradesh
NCTE
70 K first year fees
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