Agribusiness is the business sector that encompasses farming as well as farming-related commercial activities. It basically involves all the steps that are required to send an agricultural good to market, viz. production, processing & distribution.
It's easy to think of agribusiness as just the farm, but it includes a supply chain, including consultants, fertilizers, and transportation businesses, and so on.
Farmers are using advanced harvesting techniques, while manufacturers are developing self-driving vehicles. The optimum way to clean and package livestock for shipping is determined by processors and animal care facilities. Each segment of the industry is focused on running their businesses effectively to keep prices reasonable.
Importance of Agribusiness Management in India:
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In rural parts of underdeveloped nations, it is frequently the primary source of off-farm employment.
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In nations where high-value agri-food exports are generated, it has a favorable impact on poverty reduction and women's empowerment.
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It produces off-farm jobs in rural agro-industrial companies, increasing rural families' income through wage employment and spill-over effects that can boost on-farm agricultural output through higher liquidity to buy inputs and improved ability to adopt the technology.
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It aids in the creation of the required connection between agricultural and manufacturing, which may then accelerate the growth of larger manufacturing industries by supplying material inputs for food processing, textiles, and biofuels.
Increased Demand for Agribusiness Management in India
India’s agriculture industry makes up about 17.5 percent of the country’s GDP. It is considered the backbone of the Indian economy. As new FPOs, Cooperatives, and Agri startups come up in the industry, we need the right personnel to make agribusinesses function smoothly. As agribusiness is growing in India, just a management degree won’t be sufficient, we need agri management for the industry to work well. This is where agribusiness management colleges come in, to train and educate individuals specifically in the field of agribusinesses.
Importance of Education in Agribusiness Management:
Agribusiness management education is a field that combines principles from economics, agriculture, business (commerce), and management. Agribusiness management is a relatively new field that is rapidly gaining favour among students as a career option. The agribusiness program is designed to create management talent for the agriculture industry, and it is a suitable fit for students interested in working in the corporate sector.
Lack of Agribusiness Education in India:
The key barriers to the growth of agribusiness education in India include a shortage of teaching faculty, a lack of agribusiness research, a lack of innovative curriculum, and a lack of relevant literature.
Imperial School of Agri-Business
ISAB aims to develop cutting-edge management capabilities through professional development, training, quality research, industry interface, business consulting, worldwide exchange programs, and value-based education. ISAB was founded with the goal of encouraging and nurturing excellence in the field of food and agribusiness management.
ISAB provides all the related courses and knowledge with not just theory but a practical approach including workshops, field trips and events. It is one of the best colleges to study agribusiness.
Why Choose ISAB?
ISAB encourages students to read ahead of time and to learn through case studies in order to develop decision-making and problem-solving abilities. The majority of the faculty members are alumni of prestigious universities and have relevant business experience, providing quality knowledge transfer in accordance with industry needs.
ISAB's faculty members come from a variety of educational and professional backgrounds, which is one of the university's USP. The institute is dedicated to achieving excellence and providing the best service possible.
In the current situation, India is undergoing a Green Revolution 2.0. ISAB prepares its students for the future by ensuring strong marketing ties and rethinking the farming ecosystem. This prepares them to solve challenges across the value chain.
Agribusiness Scholarship Provided by ISAB:
ISAB FAME Scholarship
FAME (Financial Assistance for Meritorious & Economically Weaker Students) ISAB has established a provision to provide financial assistance up to 3.20 lakhs to students who are financially disadvantaged and seeking financial aid to complete their degree program in the following categories:
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Merit Scholarship
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EWS (Economically weaker section) Scholarship
Career Options in Agribusiness Management
Let’s take you through agribusiness management career opportunities you may look forward to in this sector:
Agricultural Manager: Agribusiness managers are in charge of planning and supervising farm operations. As a result, the job involves lots of office and fieldwork. You must plan the crop cycle according to the season, keep track of farm equipment maintenance, handle sales and purchases of agri-products, manage paperwork, supervise farmers' labor, meet financial goals, and comply with government rules.
Agripreneur: Several agricultural enthusiasts have started businesses to modernize the industry by using cutting-edge technology and innovative approaches. There's a lot of potential for this technology to help boost crop productivity and quality.
Market Analyst: Your responsibilities as an agri-market analyst include doing research on consumer behavior, economic trends and prospects, and demand-supply-price dynamics in the agriculture industry.
Marketing Specialist: You will develop and implement marketing strategies for businesses and farms that offer agricultural products such as crops, seeds, fertilizers, livestock, farm equipment, and machinery in this position.
Supply Chain Manager: The job involves assuring the nutritional value and quality of crops or food as they move from fields to customers. It also considers the logistics planning of the least-cost approach for the effective supply chain management.
An MBA in Agribusiness can lead to a wide variety of opportunities. Agribusiness careers can also span a range of industries, including agriculture, retail marketing, real estate, food production, food processing, and agriculture.
ISAB is the ideal choice to look out for if you want to build a stable career in Food and Agribusiness Management. To know more about ISAB you can visit the official website of the college. https://www.isab.org.in/
Or fill up this enquiry form: https://forms.gle/rwY9xZ52kJAMk4te7
