The MSc Agricultural is a 2-year full-time program that is targeted towards the development of a strong, comprehensive background of the agricultural economics concepts and policy matters in India. There are courses covering the economics of micro and macro, marketing of agriculture, pricing analysis, planning and management of projects, research methods, agricultural finance and economic resource natural as related to agriculture.
Students deal with the issues like production economics, agriculture marketing, farm management, agricultural finance, agricultural policy analysis, econometrics, statistics, and natural resource economics taking one year to go through the course. Through teaching students about market dynamics, the course goes to lengths of formulating data driven solutions to tackling challenges in the Indian agriculture.
Step | Description |
---|---|
1 | Meet the eligibility criteria. |
2 | Submit an application form. |
3 | Appear for an entrance exam (if required). |
4 | Attend an interview. |
5 | Get selected for the M.Sc program. |
1. Bachelor's degree in agriculture or allied disciplines: Candidates need to possess a bachelor's degree with a strong background in agricultural subjects like agriculture, agribusiness, or agricultural economics, or they should have a related degree like economics, business administration etc.
2. Minimum percentage in bachelor's degree: A young person looking for an opportunity in PhD studies must usually have more 50-60% aggregate marks or have a grade which is the same as his/her bachelor’s degree. Some colleges might require a higher% to be done.
3. Entrance test: Many colleges compel those would-be students to sit through these competitive exams such as ICAR NET, MCAER PG CET etc.
4. Work experience: Some colleges reserve a weightage for the candidates who have already done 2-3 years of job in agriculture, agribusiness, research or teaching, which can also influence their admission in the best of the colleges.
5. Interview: Also his overall performance in the entrance test is not the only criterion. His personal interview is also an important round where the final selection for admission is made.
6. English proficiency scores: Those candidates who have completed their previous degrees in a foreign language within are expected to attain minimum English proficiency scores on test of IELTS/ TOEFL as a prerequisite.
ICAR AIEEA PG: The Indian Council of Agricultural Research holds an All India Entrance Examination for Admission Post Graduate is Agricultural Sciences, where its candidates' knowledge about Agricultural Economics is tested for the purpose of admission to MSc Agricultural Economics programs.
ICAR JRF/SRF: The ability of the ICAR JRF/SRF to assess research aptitude as well as subject knowledge in agricultural economics for MSc and doctor of philosophy programs especially for research is one of its advantages.
GATE (Agricultural Engineering): The Engineering Graduate Aptitude Test comprises the agricultural engineering course which covers the economics of Agriculture and is essential for MSc Agricultural Economics admissions.
Course Component | Content |
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Microeconomics | Supply and demand analysis, consumer theory, production theory, market structures. |
Macroeconomics | National income accounting, inflation, unemployment, fiscal and monetary policies. |
Agricultural Economics | Farm management, agricultural finance, agribusiness management, agricultural marketing. |
Econometrics | Statistical methods, regression analysis, hypothesis testing, economic model building. |
Agricultural Policy | Agricultural policies, price supports, subsidies, trade policies, agricultural development. |
Environmental Economics | Environmental issues, natural resource management, sustainability, economic valuation methods. |
Research Methods | Research design, data collection techniques, survey methods, statistical analysis in agriculture. |
Tabulated below is the collection of the Top 10 Government Master of Science [M.Sc] (Agricultural Economics) Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
Dr. B. R. Ambedkar University of Social Sciences | Indore, Madhya Pradesh | INR 49,440 |
Agricultural College and Research Institute | Madurai, Tamil Nadu | INR 80,416 |
Acharya N. G. Ranga Agricultural University, College of Agricultural Engineering Bapatla | Guntur, Andhra Pradesh | INR 27,800 |
College of Agriculture | Nagpur, Maharashtra | INR 110,000 |
Kerala Agricultural University, College of Agriculture Vellayani | Thiruvananthapuram, Kerala | INR 35,000 |
Kerala Agricultural University, College of Horticulture Vellanikkara | Thrissur, Kerala | -- |
SKN College of Agriculture | Jaipur, Rajasthan | INR 90,010 |
Shri Shivaji Agriculture College | Amravati, Maharashtra | -- |
Professor Jayashankar Telangana State Agricultural University | Hyderabad, Telangana | INR 45,170 |
Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu | Jammu, Jammu and Kashmir | INR 114,366 |
Tabulated below is the collection of the Top 10 Private Master of Science [M.Sc] (Agricultural Economics) Colleges in India with Fee Structure, including their key features.
Name of the institute | Location | Fees |
---|---|---|
Lovely Professional University | Jalandhar, Punjab | INR 406,000 |
Mangalayatan University | Jabalpur, Madhya Pradesh | INR 90,000 |
Abhilashi University | Mandi, Himachal Pradesh | INR 250,000 |
Om Sterling Global University | Hisar, Haryana | INR 130,000 |
Baba Saheb Dr Bhim Rao Ambedkar College of Agricultural Engineering and Technology | Etawah, Uttar Pradesh | -- |
Akal College of Basic Sciences | Sirmaur, Himachal Pradesh | INR 125,000 |
janta vedic college | Bhaghpat, Uttar Pradesh | -- |
G.H Raisoni University | Saikheda, Madhya Pradesh | INR 161,000 |
Tantia University | Sriganganagar, Rajasthan | INR 295,000 |
Udai Pratap College | Varanasi, Uttar Pradesh | INR 8,541 |
The average CTC for M.Sc. (Agricultural Economics) graduates varies depending on the employer and the candidate's experience. However, most M.Sc. (Agricultural Economics) graduates can expect to earn a starting salary of between 4 lakhs and 6 lakhs per annum.
Average CTC with India Colleges Name in Table Format
College | Average CTC (INR) |
---|---|
Indian Agricultural Research Institute (IARI) | 5 lakhs - 7 lakhs |
Punjab Agricultural University (PAU) | 4.5 lakhs - 6.5 lakhs |
G.B. Pant University of Agriculture and Technology (GBPUAT) | 4 lakhs - 6 lakhs |
Acharya N.G. Ranga Agricultural University (ANGRAU) | 3.5 lakhs - 5.5 lakhs |
Tamil Nadu Agricultural University (TNAU) | 3 lakhs - 5 lakhs |
University of Horticultural Sciences, Bagalkot (UHSB) | 2.5 lakhs - 4.5 lakhs |
Maharashtra University of Horticultural Sciences (MUHS) | 2.5 lakhs - 4.5 lakhs |
Uttar Pradesh Agricultural University (UPAU) | 2.5 lakhs - 4.5 lakhs |
Odisha University of Agriculture and Technology (OUAT) | 2.5 lakhs - 4.5 lakhs |
M.Sc. (Agricultural Economics) graduates have a wide range of job opportunities available to them, depending on their specialization. Some of the most common job titles for M.Sc. (Agricultural Economics) graduates include:
Specialization | Average Salary (INR) |
---|---|
Agricultural Economics | 5 lakhs - 7 lakhs |
Agricultural Policy | 5.5 lakhs - 7.5 lakhs |
Agricultural Finance | 5 lakhs - 7 lakhs |
Agricultural Marketing | 5 lakhs - 7 lakhs |
Agricultural Risk Management | 5.5 lakhs - 7.5 lakhs |
Agricultural Development | 5 lakhs - 7 lakhs |
Agricultural Sustainability | 5.5 lakhs - 7.5 lakhs |
Agricultural Trade | 5 lakhs - 7 lakhs |