India ranks second worldwide in farm output. Agriculture and allied sectors like forestry and fishing accounted for 15.7% of the GDP in 2009–10. Agriculture continues to be the mainstay of the Indian economy. Food is the crowning need of mankind and much emphasis is laid on commercializing agricultural production. Hence, adequate production and even distribution of food has lately become a high priority global concern.
Agriculture has long been seen as a sector with tremendous potential in India. In the last few years the sector has seen an unprecedented gain with several government and private sector initiatives. This, coupled with changing global norms such as the WTO rulings and increased global competitiveness, invites a tremendous need for professional courses in Agribusiness Management, and makes it one of the most challenging and exciting sectors to be in, either as a professional or as an entrepreneur. The MBA-Agribusiness program is thus a response to this growing need for professionals, who can contribute to, and engineer, the agribusiness revolution.
At SIIB the program broadly covers marketing, (emphasis on rural marketing and retail management) finance, (emphasis on micro finance, commodity trading and lending and risk management) supply chain management, (logistics in retail) and taxation. It also details all the relevant and applicable fields of Agriculture and WTO, Agri-export-import and agricultural finance. Agri-business explores production, marketing and trading of products related to agriculture and critical management issues such as financing and technical assistance, preparation of products for exports, overseas marketing issues and government policy.
The PG program touches upon areas such as export and import, co-operatives, rural banking, agricultural projects, insurance, logistics, land management, water management and irrigation, and sustainable energy. Advanced Market Research projects at the Indian Oilseeds and Produce Export Promotion Council (IOPEAC), Kisan Melas and corporate interactions have always been an integral part of the course.
Furthermore, at SIIB, a student pursuing an MBA in agriculture possesses a high level of decision making skills, and can go out confidently into the demanding and dynamic world of Agri Business Management.
As they say the farmer works the soil, the manager works the produce.