The Business of Agriculture
Prepare for a career in the exciting field of agribusiness where agriculture and business merge. In your studies, you will gain technical knowledge of agricultural sciences as well as learn business administration, marketing management, finance and economics. As a graduate, you will qualify for a variety of business and government careers including those in agricultural finance, ranch management and in federal agencies. You will also be able to pursue advanced studies in several fields including graduate degrees in agribusiness, agricultural and applied economics, and business administration at other universities.
This course offers you a broad view of marketing, food markets and consumption, and marketing functions and institutions. You will learn concepts ranging from economic theory to agricultural price estimation, discovery, and determination.
Analysis of capital investments, interpretation of financial statements, capital structure considerations for agricultural firms, farm real estate pricing, and financial intermediation in agriculture.
You will learn techniques and procedures used for decision making in the farm business. In addition, the course will provide you with skills necessary to determine optimum enterprise choice, and to resource combination and techniques of financial management, budgeting, and whole farm/ranch planning.
The objectives of this course are to understand why futures exchanges and commodity futures contracts exist; understand and be able to forecast basis; understand hedging and be able to design hedging strategies for various commodity producers and users; understand both put and call options and their potential use in a commodity risk management program; and understand the usefulness and shortcomings of fundamental and technical analysis.
Is this Program a Good Fit for You?
Agribusiness students are typically interested in:
Undergraduate Program Costs
Tuition and fees for undergraduate students taking 12 credit hours are $4,212 for Texas residents and $9,108 for non-residents.