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IGNOU to Collaborate with ICMAI to Launch Diploma in Agricultural Cost Management.

Agricultural Cost Management

In collaboration with ICMAI, IGNOU has launched a Diploma in Agricultural Cost Management (DACM).


The Indira Gandhi National Open University (IGNOU) School of Agriculture has collaborated with the Institute of Cost Accountants of India (ICMAI) to introduce the Diploma in Agricultural Cost Management (DACM). The ICMAI has curated the course curriculum for the upcoming academic year to groom the students for the different roles available in the agriculture industry, including farm accounting and costing, agriculture supply chain management, and optimal utilisation of resources.  The course also aims to boost Agripreneurship in India by equipping people with knowledge to make strategic decisions related to agricultural production, crop cultivation, financial planning, resource allocation, marketing,  livestock rearing, and risk mitigation.

DACM : Diploma(Agricultural Cost Management) Highlights:

Program Type 


Education Mode

Open Distance Learning

Course Duration 


Medium of Course



Agricultural Cost Management

Eligibility Criteria 

10+2 or Equivalent

Fee Structure 

Rs. 6200/- with registration and Development fee as applicable

Programme Insights:

  • A core understanding of agricultural principles and practices can be obtained from the Basics of Agriculture.
  • Advanced-level learnings for cost concepts and techniques or methods for managing costs in agriculture.
  • Profound Conception, Farm Cost Management, focuses on effectively managing monetary resources within farm activities to improve productivity and profitability.
  • Through this program, we empower students by instilling in them the entrepreneurial dimensions of agriculture. This enables them to establish and oversee agricultural enterprises and fosters a spirit of independence and innovation.
  • They are building leadership skills so students can manage the Farmers' Producers Organisations by tackling farmer groups' managerial and organisational elements, highlighting efficient leadership and coordination for mutual advantage.


Education Exclusive supports this innovative initiative, representing a forward-thinking approach to Indian Education. The course will give wings to many students who want to start a career in Agriculture.


  • Agricultural Cost Management

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