An MBA in Agribusiness Management is a specialised management degree that focuses on the business side of agriculture production and national or international trade. The agribusiness management course assists in the growth and development of farms by providing professionals with skills to lead them.
According to the research, the Indian agricultural sector is predicted to increase to US$ 24 billion by 2025. The Indian grocery and food market is the world’s sixth largest, with retail contributing 70% of the sales.
MBA in Agribusiness management (ABM) is one of the fastest-growing sectors for entrepreneurs and professionals. It is a two-year postgraduate full-time management degree course divided into four semesters. MBA in ABM course mainly focuses on training students in a different production, manufacturing, agricultural finance, etc.
Agribusiness management encompasses numerous aspects of the economy: businesses that provide supplies, goods and services to the producers, businesses that add value to agricultural products, and those that facilitate the selling of products to an ever-growing marketplace.
The agribusiness sector needs a specific set of skills and knowledge. Some of these skills are Communication, Interpersonal, Leadership, Time Management and Organisation, Problem Solving, and many others. An MBA in Agribusiness Management equips students with all these skills. So how do students gain this world-famous degree? After clearing the ABM entrance exam 2023!
ABM Entrance Exam 2023 Duration
ABM entrance exam 2023 is of two-hour duration with a total of 180 questions. The questions cover Quantitative Aptitude, Logical Ability, Knowledge of Agriculture, Proficiency in English and General Awareness. 1 mark is awarded for each right answer, and 1/3 of the marks will be reduced for each wrong answer.
· Logical Ability will have 40 questions covering the subjects like extrapolation, reasoning, deduction etc.
· Quantitative Aptitude will have 40 questions covering the subjects like statistics and data interpretation.
· Proficiency in English will have 40 questions covering the subjects like reading comprehension, sentence correction/completion, paraphrasing, synonyms and antonyms etc.
· Knowledge of Agriculture will have 40 questions covering the areas of Agricultural Engineering, General Agriculture, Animal Husbandry and Veterinary Science, Food Sciences, Fisheries, Forestry and Horticulture.
· General Awareness will have 20 questions from the areas of current affairs, general knowledge and elementary aspects of agri-business.
MBA ABM Selection Procedure
Following are the selection procedures for the ABM entrance exam 2023 mentioned below for the candidates who must follow them.
· Students first have to meet the eligibility criteria.
· National Level tests such as CAT, MAT, GMAT, and XAT
· Next, students have to fill out the university application form.
· Students are shortlisted for group discussion and personal interviews based on scores on the entrance exam.
· Selected students finally have to submit the important documents.
· Applicants should have to go on the university’s official website.
MBA ABM Course Fee Structure
After completing the entrance exam, the students selected in the final admission process should understand the MBA ABM course fee structure. The total fee for MBA ABM for the 1st and 2nd years is Rs. 14, 20,000. Students will get a 100% placement track record after the course. The highest salary offered is 24 Lakhs!
Conclusion
MBA in Agribusiness Management graduates are well-equipped to work in public and commercial sectors. They can find themselves working indoors, outdoors or in any other business that has an agricultural component! In short, an agribusiness degree opens several doors to many different career options, such as farming and food production, after completing the ABM entrance exam 2023. Reason – India is one of the leading countries in the agriculture sector.
KIIT - School Of Rural Management 
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