IGNOU School of Agriculture Launches Diploma in Agricultural Cost Management (DACM)

The Indira Gandhi National Open University's (IGNOU) School of Agriculture, in collaboration with the Institute of Cost Accountants of India, has introduced a new academic program called the Diploma in Agricultural Cost Management (DACM). This program provides an excellent opportunity for individuals aspiring to build a career in agriculture or enhance their existing skills in the field.

Objectives of the Program:

1. Efficiently manage agricultural costs
2. Enhance agricultural productivity
3. Develop skills for strategic decision-making in areas such as agricultural production, crop cultivation, livestock management, financial planning, resource allocation, marketing, and risk management

Key Features of the Program:

1. Subjects Covered: The curriculum includes agricultural accounting and costing, agricultural supply chain management, land use, water management, and other related agricultural activities.
2. Skill Development: The program promotes optimal resource utilization, knowledge in value chain and supply chain management, and entrepreneurial capabilities.
3. Benefits: The course offers diverse opportunities for students and professionals in the agricultural sector.

Course Content:

1. Fundamentals of Agriculture: Understanding agricultural principles and practices
2. Institutional Support for Agricultural Development: Study of organizations and institutions that support agricultural growth and development
3. Cost Concepts and Techniques: Essential knowledge and techniques for cost management in agriculture
4. Farm Cost Management: Strategies for managing farm operations to increase profitability
5. Agri-preneurship: Skills for creating and managing agricultural enterprises
6. Management of Farmer Producer Organizations: Effective leadership and coordination of farmer groups

Eligibility:

1. Passed 10+2 or equivalent
2. Bachelor’s degree in any discipline (preferably in Agricultural Sciences)

Admission Process:

1. Online application
2. Merit-based admission