Students who are freshly graduates often wants to know what is there next for them, then choosing MBA in food and Agri-Business Management is might be good path for them. As the agri industry in India is growing like anything and also government of India is putting major priority to this sector so that along with Corporate sector there is increase in the Agri entrepreneurs also so with that there is a growing demand of MBA-FABM graduates in the market.
SCOPE AFTER MBA(FABM)
MBA in Food and Agri Business Management include the management of business world which encompasses the production, processing, supply chain management, financing, and marketing of the agricultural food products. The Post-graduate degree holders can work in different sectors and industries in the agriculture.
These are just a handful opportunities there are way more than that let’s try to learn about them more by looking into each agri-business sector carefully:
Agri-Input Sector
The agriculture input sector includes the supply of the major resources which are needed to grow the various agriculture commodities and also for the successful farming. The agri-input sector include various things which are:
Seeds and Planting material- It include a wide range of seeds and seedlings.
Fertilizers and Crop protection materials.
Irrigation and water management systems like pumps, drips etc.
Farm Machinery and tools
Biopesticides
Some of the major agri-input companies in India are:
- Godrej Agrovet,
- Syngenta, DeHaat,
- VNR seeds,
- Japfa Comfeed,
- Mahindra Agri Solutions,
- Coromandel Interantional,
- UPL and many more.
Agri FMCG Sector
The Agriculture FMCG (Fast Moving Consumer Goods) sector consists of the products which are derived from the agriculture commodities which have relatively lower shelf life then the other products and need to be sold quickly. The FMCG products are important for the consumers to meet their daily needs.
There are big giants in Indian industry related to this sector:
- ITC limited
- Hindustan Unilever Limited
- Nestle India
- Godrej Agrovet Limited
- UPL Limited
- Adama India Private Limited
Agri Poultry & Animal Husbandry Sector
It involves the breeding and raising of a wide range of a wide variety of animals with proper care. The main aim in the agri Poultry & Animal Husbandry Sector is to provide a significant source of protein to the customers through meat, eggs etc.
Further animal waste can be used for the production of biogas, this sector focuses on the breeding and genetic improvement in the animals to enhance their efficiency.
Animal products are used for the export.
Some major companies of Agri Poultry & Animal Husbandry Sector are:
- Bharati Poultry Pvt. Limited.
- IB Group.
- EW Nutrition
- Mulpuri Group.
- RM Group.
- Simran Farms Limited.
- Skylark Hatcheries Pvt. Ltd.
- Sneha Group.
- Suguna Foods Private Limited.
Agri Banking Sector
I t gives access to credit and financial services and provides risk management by giving crop loans.
Investment in agri by providing loans for the infrastructure development. Agri banks often provide financial literary and training programmes to the farmers for the rural development.
Now government and various private sectors are also focusing on the sustainable practices by providing loans for friendly farming methods.
Agri Banks in India are:
- ICICI Bank
- HDFC Bank
- Punjab National Bank (PNB)
- Allahabad Bank
- Axis Bank
- Oriental Bank of Commerce
Agri Consultancy Sector
This sector transfer up to date knowledge where agri consultants provide recommendations for optimizing the cop yield by identifying and managing the risk associated with cropping patterns. Helps to assist in financial management and business development.
Agri consultancy firms in India are:
- Agriwatch
- Technico Agri Sciences Limited
- Agriplus Consultants
- Agri-Consulting Services (ACS)
- Agri Food and Trade Consultancy Services (AFTCS)
Agri NGO
Agri NGOs directly work with the rural communities to identify their needs and develop strategies, Agri NGOs provide training and workshop to the farmers. They particularly offer the solutions the farmer challenges that they face in their day to day work life. Most Agri NGOs in India work for the Women empowerment in the rural areas so that they can become self-sufficient.
Agri NGOs in India are:
- PRADAN (Professional Assistance for Development Action)
- BAIF Development Research Foundation
- Self Employed Women’s Association (SEWA)
- Gramin Vikas Vigyan Samiti (GRAVIS
Agri Magazine
Agri Magazine companies majorly work on the information dissemination of the agriculture related activities, the new technologies in the sector, researches related to agriculture, Success stories, etc.
There are several companies in India in this sector:
- Krishi Jagran
- Indian Farming
- Agri Times
- Agriculture World
- Agri Times
The above mentioned sectors are just a bucket of water opportunities in the whole sea. There are several opportunities in this sector because of the several reasons that are:
Specialized knowledge: MBA FABM provides a specialized knowledge to the students in the food and agriculture industry. This expertise is highly valued in the corporate sector majorly in those companies which are working in the agriculture sector
Growing Industry: The food industry is the essential part for the significant growth and innovation globally. As the world population continues to grow the demand for the food and agriculture products is also increasing, and this creates an ample of opportunities among the students.
Global Perspective: MBA FABM programs often include components focused on international agricultural and food markets which parallel provide students with global perspective.
Innovation and Entrepreneurship: As the demand of entrepreneurs majorly related to agriculture, so MBA FABM program encourages innovation and entrepreneurship in this sector. MBA FABM graduates are equipped with the knowledge which help them to gain a wider view of the market and with that it can help them for their own startup.
Conclusion
Pursuing an MBA in Food and Agribusiness Management (FABM) opens up a multitude of career opportunities in various sectors of the agriculture and food industry. With specialized knowledge and skills acquired during the program, graduates can explore diverse roles in agri-input companies, FMCG sector, poultry and animal husbandry industry, agri banking, consultancy firms, NGOs and agri magazines. The agriculture industry in India is witnessing significant growth and also it is driven by government initiatives and increasing demand for food and agricultural products. MBA FABM graduates are well positioned to capitalize on this growth and contribute to the sustainability and development of the agriculture sector both domestically and internationally. Additionally, the emphasis on innovation and entrepreneurship in MBA FABM programs prepares graduates to start their ventures and drive positive change in the industry. Overall the scope for MBA FABM graduates in the corporate world is promising, offering a rewarding career path with opportunities for growth, leadership and impact.
Great content 👍🏼 keep updating us sakshi