MSc Agricultural Economics Eligibility, Colleges, Admission, Entrance Exams, Syllabus, Jobs, Salary 2024

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Master of Science [M.Sc] (Agricultural Economics) - Latest Notifications

MSc in Agricultural Economics is a 2-year post-graduate program also popularly known as Agrieconomics. In simple terms, MSc in Agricultural Economics is a branch of economics that deals with the study of enhancing the production, distribution, and productivity of agricultural produce through the application of economic principles and theories.

See more: MSc Agricultural Economics Colleges in India

MSc in Agricultural Economics eligibility required that students are required to hold a Bachelor’s degree in Science with an aggregate of at least 50% marks. Admission to MSc Agricultural Economics course will be done either on the basis of the candidate's performance in the Bachelor’s degree exam or on the basis of their performance in the entrance exams conducted by admission authorities.

MSc Agricultural Economics primarily focuses on increasing crop yield and land productivity but there are various other aspects to it.This course focuses more on practical and application-based knowledge rather than theoretical concepts. This course covers a wide variety of topics risk management, agricultural finance, environmental and natural resource economics, supply chain management, and agricultural policies.

MSc Agricultural Economics Course Highlights

Course Level Postgraduate
Full form Master of Science in Agricultural Economics
Duration 2 years
Examination type Semester system
Eligibility Bachelor’s degree in Agriculture or its equivalent
Admission process Qualifying CET followed by GD/PI
Average Annual Fees INR 10,000 to 2,00,000
Average Annual Salary INR 2,00,000 to 10,00,000

What is the MSc Agricultural Economics Admission Process?

Admission to this course is usually based on the score obtained by a candidate in an MSc entrance exam. Some of the major all India entrance exams conducted for this purpose are BHU PET, DUET etc. Some colleges also offer admission on merit basis. The various steps involved in the admission process are given below.

Merit-based Selection

The guide for merit based Msc Agricultural Economics is mentioned below:

  • Submit the application to the colleges or universities you are interested in. 
  • Maintain a good score throughout your Bachelor’s degree exams. 
  • In due course of time, colleges release their cutoff lists. Check if you are eligible for admission into the desired course.
  • If eligible, visit the college and submit all the required documents.

Entrance-based Selection

The guide to apply for entrance exam based admission is as follows.

  • Registration: Candidates have to register themselves for the entrance exams. 
  • Application form: Fill up the application form with all necessary details carefully. 
  • Submit documents: Scan and upload all required documents like mark sheets. Documents need to be uploaded in a specific format only, as specified by the institute’s application portal.
  • Application fee: A minimal application fee is to be paid online during the submission of the application form. Payment can be done by all online payment modes.
  • Download admit card: Admit cards are released once all applicants are judged for eligibility. The admit card must be downloaded and printed out to be used on the day of the examination.
  • Examination: Prepare for the exam as per the syllabus and past papers. Appear for the examination on the date announced.
  • Results: Based on candidates performance in the entrance exam, results will be announced.

What is the MSc Agricultural Economics Eligibility Criteria?

The eligibility criteria for MSc Agricultural Economics aspirants is not complicated and is as follows. It must be noted that the eligibility criteria will differ from institute to institute

  • Must possess a bachelor’s degree in Agriculture or an equivalent degree from a UGC recognized university.
  • Must have obtained an aggregate score of at least 60% or above in graduation as well as 10 + 2 (with a 10% relaxation of marks for ST/SC/PWD candidates)

MSc Agricultural Economics: Entrance Exams

In most of the colleges, the MSc Agricultural Economics admissions are done on the basis of the results in the entrance tests. 

Entrance Exams Exam Dates
CUET PG Check CUET PG Dates
NEST Check NEST Dates
IIT JAM Check IIT JAM Dates
DUET Check DUET Dates
TISS NET Check TISS NET Dates

How to prepare for MSc Agricultural Economics entrance exams?

If your college includes an entrance test in the admission procedure, then you must be well prepared for it. So, here we are with some interesting preparation tips for you:

  • You must be completely familiar with the exam pattern. Get to know the number of sections and the total number of questions that you have to answer. 
  • Knowing the syllabus properly is also of primary importance. You need to download the syllabus from the official website of the university.
  • In most cases, you will be dealing with multiple-choice questions. If that is the case, then check whether there is negative marking or not. 
  • Another very good way to perform well is to appear for regular mock tests. This will make you accustomed to the type of questions and the examination patterns. Various educational institutes hold regular mock tests for the students.
  • Revision is also an integral part of preparation. You need to revise all the chapters and the important topics properly. Otherwise, even after preparing all the chapters, you might not get a really good rank. 

How to get admission in a good MSc Agricultural Economics college?

To secure admission into a top-ranked MSc Agricultural Economics college, a number of factors come into play. Some of the following tips will be helpful in that regard.

  • Candidates need to have the minimum eligibility criteria of having 55% in the Graduation BSc in a relevant field.
  • A good preparation for the entrance exam is always a safe option.
  • Preparation must be started after announcement of application fill up that doubles up the chance of doing well in the exam.
  • Checking the course curriculum, regular and visiting faculty as well exposure , internship will help the candidate to sort out the best college for them.
  • Placement opportunity is a must on the checklist .The last few years record will be helpful to understand the placement condition.

MSc Agricultural Economics: Syllabus

A list of topics taught to the students pursuing MSc in Agricultural Economics is tabulated below:

SEM- I SEM-II SEM- III SEM-IV
Microeconomic theory and application Research methods for social sciences Agricultural finance project management Seminar
Macroeconomic theory and policy Agricultural Marketing & Price analysis Agricultural development & policies Master’s research
Agriculture production economics International economics Agricultural price analysis Comprehensive
Linear programming methods Elementary Econometrics Agricultural input marketing Project evaluation

MSc Agricultural Economics: Top Colleges

The table below shows the best MSc Agricultural Economics colleges and universities that offer the course in a full-time mode

University/ College Name Admission Process Average Annual Fees
LPU, Jalandhar Merit-Based INR 1,98,000
RIMT University, Punjab Merit-Based INR 1,30,000
Dolphin PG Institute of Biomedical and Natural Sciences, Dehradun Merit-Based INR 1,45,000
Suresh Gyan Vihar University, Jaipur Merit-Based INR 1,56,000
Sanskriti University, Mathura Merit/ Entrance-Based INR 60,000
Uttaranchal College of Biomedical Sciences & Hospital, Dehradun Merit/ Entrance-Based INR 1,20,000
BFIT Group of institutions, Dehradun Merit/ Entrance-Based INR 1,17,000
Amity University, Noida Merit-Based INR 1,35,000
BHU, Varanasi Merit/ Entrance-Based INR 1,000
MDU, Rohtak Merit-Based INR 20,274
Andhra University, Visakhapatnam Merit/ Entrance-Based INR 1,01,000

MSc Agricultural Economics College Comparison

The tabulation below depicts the comparison made among the two top MSc Agricultural Economics colleges in India.

Parameters LPU Jalandhar RIMT University
Overview LPU is the first private university to be granted ICAR Accreditation by The Minister of Agriculture, Government of India RIMT is one of the top private universities in the field of M.Sc in agricultural economics.
Eligibility BSc (Agriculture)/ BSc (Hons) Agri or its equivalent with at least 60% marks or its equivalent BSc (Agriculture)/B.Sc (Hons) Agri degree
Admission Criteria Must have BSc degree with 60 % marks and Qualify LPU NEST Merit basis i.e. based on marks obtained in the MSc Agricultural Economics
Duration 2 years 2 years
Entrance Exam LPU NEST No entrance exam
Average course fees/semester INR 1,20,000 INR 49,900

MSc Agricultural Economics Course Comparison

MSc Agricultural Economics vs MSc Economics

Both MSc Agricultural Economics and MSc Economics are master’s courses in the field of Economics. However, they are quite different. 

Check the list of Top MSc Economics Colleges in India

Check the table below for more comparative details:

Parameters MSc Agricultural Economics MSc Economics
Objective The objective of this program is to equip students with various tools to solve the problems arising in this sector The objective of the course is to educate students about various aspects of economics namely microeconomics, macroeconomics, time series analysis, econometrics, etc.
Full form Master of Science in Agricultural Economics Master of Science in Economics
Duration the course 2 years 2 years
Examination system Semester based Semester based
Admission process Entrance/ Merit-Based Entrance/ Merit-Based
Eligibility criteria Degree in BSc Agriculture or its equivalent with at least 60% marks in aggregate or its equivalent grading system. Graduation Degree in any discipline with at least 60% marks in aggregate or its equivalent grading system.
Top Entrance Exams LPU NEST, ICAR entrance exam IIT JAM, ISI Entrance test
Subjects taught International economics, Master’s research, Agricultural Marketing & Price analysis, Agricultural development & policies, Agricultural input marketing Microeconomics, Macroeconomics, Time series, and regression analysis, Ecological economics, Indian economic development, Game theory
Average Course Fees INR 1,000 to 2,00,000 INR 20,000 to 2,00,000
Average Annual Salary INR 1,00,000 to 10,00,000 INR 6,00,000 to 12,00,000
Top recruiting companies/organizations ICAR,Cargill,NABARD,Indian agriculture research institute,Rashtriya chemical & fertilizers Ltd.,ISPL FICCI, NCAER, RBI, TERI, Data analytics firms, Other PSUs, Economic forecasting firms
Top Job roles Agricultural consultant, teaching assistant, farming manager, commodity analyst Economist, Financial manager, Litigation Consultant, Policy Analyst, Mutual fund manager, Economics Professor, Indian Economic service officer

What are Job Prospects and Career Options after MSc Agricultural Economics?

  • Agricultural Economics is an applied area of Economics that integrates various sectors. It delves into various sectors like finance, economics, agriculture, management, etc due to which creates a wider range of job opportunities for the students. 
  • Apart from agriculture it also includes opportunities into its allied sectors horticulture, fisheries, and animal husbandry.
  • So it is quite evident that the job opportunities flow into various sectors. Some of the key employment areas include Academic institutions, Agri finance banks, FMCG companies, Food processing companies

Tabulation below shows some of the most common MSc Agricultural Economics job profiles and career prospects after completing the course are as follows:

Job Profiles Job Description Average Annual Salary
Agricultural Consultant Assisting farmers with pest control & farming techniques, soil testing, analyzing problems of excessive crop production & coming up with practical solutions for these problems in a sustainable manner INR 1,50,000
Teaching Assistant Their role entails interacting with children especially specially-abled ones & evaluating their development & physical well being INR 2,43,000
Research Investigator Performing surveillance for corporate/law/enforcement agency or individual clients INR 6,40,000
Farm Manager Supervision of farms, making decisions regarding the number of crops to be laid in each season based on weather forecasts, preparing planting & harvesting cycle schedule & acting as an intermediary between buyers & sellers for the maximum profit margin INR 9,22,000
Commodity Analyst Working on the medical studies designed to measure the effectiveness of a particular drug on a human body, working along with scientists or physicians overseeing clinical research & selecting people for drug/vaccine testing through various screening measures. INR 7,50,000
MSc Agricultural Economics Salary Trend

MSc Agricultural Economics: Future Scopes

Being a very popular discipline, MSc in Agricultural Economics course has excellent future scope. The students are exposed to numerous ways in which they can build their career:

  • PhD: If one wishes to continue in the same field of education, the first program of choice is a PhD Agricultural Economics. It is a three to five year duration course and the eligibility criteria include having a MSc degree in Agricultural Economics or other related disciplines. 

Also check top PhD Agricultural Economics Colleges in India here. 

  • MPhil - Students can also opt for a MPhil degree in a relevant field on completion of this course.  

MSc Agricultural Economics: FAQs

Ques. Do I need to appear for a CET to enroll in this course?

Ans. Yes, you need to clear the cut-off score of CET conducted by the concerned university/institute.

Ques. Are there any scholarships available for this course?

Ans. Yes, there are various scholarship options available for the candidates seeking to pursue M.Sc in agriculture economics. To name a few – Netaji Subhas ICAR International fellowship, India Agri fellowship, University of Edinburgh international scholarship for agricultural science.

Ques. What is the scope of agricultural economics in India?

Ans. The scope of agricultural economics is very wide in India. Being an agrarian economy the career prospects in this area are quite huge ranging from agricultural economists to farm managers. The MSc Agricultural Economics postgraduates have an option to work with government & agricultural institutions as well as in the private sector.

Ques. How can I become an Agricultural Economist in India?

Ans. You need to have a BSc degree in Agricultural Economics, an MSc degree in Agricultural Economics, and a PhD in the same.

Ques. Which were the top recruiters in this sector last year?

Ans. UNDP, ICAR-IARI, Punjab Agricultural University, Cargill, ISPL, IFRC, Action for social advancement, Doon business school, Environment conservation Society.

Ques. Can I pursue an MSc in Agricultural Economics if I have a BA degree in Economics?.

Ans. Yes, you certainly can pursue an M.Sc in agricultural economics if you have a B.A. degree in economics

Ques. Can I work with NABARD and FCI post-completion of this course?

Ans. Yes, you can work as an Agricultural officer or manager in NABARD.

Ques. What are the top entrance exams one needs to qualify to pursue this course?

Ans. You need to qualify for the Common entrance exam conducted by ICAR, LPU, or the CET by the concerned university.

Ques. What would be my starting salary if I opt for this course?

Ans. That depends on your job profile but you can expect a starting salary of somewhere around INR 1,80,000.

Ques. Can I work in MNC in this sector?

Ans. Yes, you can work in various Agri-based corporate companies, Agri finance companies, and marketing firms to name a few.

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13 Reviews found

Course Curriculum Overview:

Genetics Plant breeding is the crown subject in all agricultural and horticultural subjects. There is a large research farm for post-graduate students who are want to take admission in this faculty. There are 4 laboratories first two comes under molecular breeding and the other comes under the Seed and Plant breeding laboratory. There are faculty and the student ratio is 5:6 . Instructor are well up to date and intelligent.

Loan/ Scholarship Provisions:

The fee structure is average. There are a maximum payable amount of 65000rs. I think fees is to hike compared to other govt educational institute. There is scholarships provided by the state government. Some fellowships is provided by ICAR as JRF and SRF.


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College Events:

Youth festival organizing for different colleges comes under the University. Its an big mega event for all the students and it will be run for three days. The winners are move for the inter University Youth festival. Also organizing freshers day for new comers and farewel function for the final year students.

Admission:

Farmers are back bone of India, to help the farmers and strengthen the farming community I opted for this course. For Graduation PUC marks is the base and for Post graduation Entrance exam and graduation marks are the base. I got 3rd Rank in Post Graduation entrance at UAS Dharwad and completed the Degree


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Placement Experience:

Students should score nearly about 6.5 CGPA in their academics to get placements. The highest salary package offered is 8 to 9 LPA, the average salary package offered is 5.6 LPA and the lowest salary package offered is about 3.5 LPA. Many companies are visiting here for our course. Around 6% of the students got an internship.

Fee Structure And Facilities:

The fee structure is very much feasible and it is less than the bachelor's in this college. The overall cost for M.Sc in this college comes to Rs.1,01,000 for the whole 2 years which is to be paid on yearly basis as Rs.56792 for first year and rs.44244 for the second year.


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Y
4.0 /5

Placement Experience:

No, the college does not provide an internship or placement for this course, but it does provide them for other courses. This is because agriculture students have different types of jobs and opportunities after graduation.

Fee Structure And Facilities:

Yes, the course is feasible. The Masters in science courses cost around 65,000 rupees per year for the 2 years the courses are. Hence, the total fees would be around 1.3 lakh rupees, which is not expensive for the course.


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NH

Placement Experience:

Good placements and job opertunities in our college of agriculture Bharuch because of our college faculty members are well tried to better job opertunities to all students and also government job.Now in agriculture change the course or curriculum so no knowledge of internship or stipend in new structure fifth dean.

College Events:

1) Brugutal annual function 2) 15 August function 3) 26 January function 4) celebrate all days like traditional day, white day etc. Many times blood donation camp in our college organised and many culture activities are organised and many students are participating in different activities.


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Campus Life:

ACRI is extra curricular active as well you have a number of options from sports to choose play cricket football volleyball basketball and hockey if you are interested in cultural activities like singing dancing music and dramatics , there are 4 to 5 student clubs for that as well which you can join and improve your talent ,when it comes to fests and cultural shows , such shows happen all around. An annual cultural fest of the college is held each year in December Holi Diwali that also celebrated by hosting various events

Faculty:

The faculty of the college is amazing the teachers have years of experience and have lots of knowledge it is a very polite and helpful and do not hesitate in explaining one thing again and again teachers are very accessible to us and guide and motivate us throughout the program. A number of students are allotted to every teacher and the teacher have to mentor the students.


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Campus Life:

Male: Female ratio will be mostly around 60:40. There is no discrimination at all based on gender, caste, religion, ethnicity, or race. Everyone here treated as equal. There will be strict action against those who violate these rules. There is as many as 20 ground available for sports activities ranging from cricket, hockey, football, and other outdoor games as well as all indoor games. A swimming facility also available inside the campus. Debate essay writing and other extracurricular activities are conducted at regular intervals.

Course Curriculum Overview:

For Graduation, eight-semester are there in four years and for the post-graduation program, 4 semesters are there for two years. For post-graduation, the first year is mainly for theory and the second year mainly focuses on Research, experiments, and practical work. Students need to do both fieldwork and lab work. For Graduation students, the fourth or last year mainly focuses on industrial visits, fieldwork, and other different kind of experiments. Regularly campus placements are there from very renowned agriculture companies.


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Course Curriculum Overview:

If you are opting for the Agriculture stream than you can have a wide scope of opportunities waiting for you. The courses being offered in the university were being updated as per the UGC and ICAR guidelines. There is the provision of enough opportunities and exposure which can enhance the student's knowledge. The faculties of every department are having sound knowledge and have good organizing ability. My research advisor Dr Suresh BG is one example that I can give which helped me out throughout the research work.

College Events:

One thing students can be attracted to my university will be the different cultural, technical fest that is being held on our campus. These all functions are very efficiently being handled by the students themselves. U can find many cultural events, food fests in which you can find huge participation of students. The main festival university celebrate is the Christmas function in which you can find a totally different environment of the university.


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Course Curriculum Overview:

Being a part of this university i can explain better. It provides a suitable and healthy environment. Research is mainly held in field with proper guidance and supporting staff. Time to time industrial visit also held. like nilokheri karnal, karnal fish farming and during the last semester self employment training also provided like honey bee keeping mushroom cultivation nursury growing etc.

Faculty:

Faculty of our college is very supportive and bitter thing is also there which we can not denied that through the age faculty is less aware about new technology new competition.in my course there was total around 54 courses during 4 year or 8 semester and each course has average 30 classes. and mainly horticulture department hold industrial experience and certification also.


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Admission:

As I had secured good marks in 12th exam I wanted to pursue for medicine.So I took one year medical preparation in a good coaching institution and studied hard but at last all went in vain.I was unsuccessful in the NEET entrance exam.I felt very disgraced.Luckily I had qualified the OUAT entrance exam.So I selected the agriculture study in serve my country by seeing the farmers who are the backbone of our country.Agriculture plays a pivotal role in the growth of any state.The primary sector of an economy comprises agricultural and other activities and contributes a significant amount to the Gross Domestic Product (GDP).So agriculture study will be a great approach towards the growth and development of our country.

Course Curriculum Overview:

Agriculture study plays a pivotal role in the growth of any state.The primary sector of an economy comprises agricultural and other activities and contributes a significant amount to the Gross Domestic Product (GDP).Agriculture provides raw materials to many industries which form the backbone of the nation.The exam structure consists of 50% entrance exam based and another 50% from your career marks.


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Remarks:

Yea it is a top agriculture University in Bengal with good quality of education and teachers nothing negetive remarks of my university I can see yet In front of me.Very good structure of study and examination method.Professor's are very good in their theching techniques with ther advarse knowledge they always guide us towards the brightness. Also they are very friendly

Faculty:

Yea it is a top agriculture University in Bengal with good quality of education and teachers the university have deferent department with their deferent faculty and labrotory with good equipment.central library is situated in the university


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Loan/ Scholarship Provisions:

Yes stipends for msc students who pass the entrance exam and it also given to bsc students who in last year and in this rawe should be done they gave us stipends for the students which help in their financial condition

Campus Life:

Because every department has its own lab which is full fill with their equipment s and have in good condition very neat and clean labs are here andevery labs has its own LA this is good for college and for the students


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Harman Chahal
4.0 /5
Most Helpful

Course Curriculum Overview:

Agriculture is back bone of Indian economy that is why agri grads get well paid jobs in various fields related to that sector. There are well maintained fields for practical work along with organic farm and student research farm. There is MPAS machine in soil sci lab for micro nutrient analysis. There are 6 elective stream for masters-Agronomy, soil sci, Fruit sci, veg sci, entomology, Agri economics

Loan/ Scholarship Provisions:

There are many types scholarships for talented students. College teachers are well cooperative sometimes they pay fees of needy students. Sportsperson get free education there.


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Master of Science [M.Sc] (Agricultural Economics) Colleges IN INDIA

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43.15 K first year fees
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Banaras Hindu University - [BHU]
Varanasi, Uttar Pradesh
UGC
6.66 K first year fees
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Annamalai University - [AU]
Chidambaram, Tamil Nadu
NCTE
49.96 K first year fees
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Sanskriti University - [SU]
Mathura, Uttar Pradesh
NCTE
70 K first year fees
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