Agricultural and Food Business Management
How does your local food system interact with the global marketplace? What knowledge and skills do you need in the current agriculture and food industries? Majoring in Agricultural and Food Business Management allows you to answer these questions and more. You will ask and answer interesting questions about agriculture, food systems, natural resources, and the environment. In addition, you will help to identify solutions to some of the world’s most pressing problems.
With a degree in Agricultural and Food Business Management, you will be an expert at navigating the important intersection of business and agriculture. It is no longer enough to understand how agriculture and food systems worked yesterday and today. We will give you the tools and skills you will need to handle the problems you will face in the future.
Our approach is to combine practical skills (marketing, finance, management) with rigorous theory. With this degree, you will have a set of skills in theory, methods, and communication that are highly sought by employers in agribusinesses, food systems, and banking. Or bring your skills from your Agricultural and Food Business Management right to the farm. In short, this degree is a springboard to a variety of rewarding careers!
Students graduating with an AFBM degree will be able to demonstrate in exams or work samples the ability to:
1. Explain microeconomic theory at the intermediate level, including producer theory, and how markets work and prices are formulated.
2. Analyze and evaluate agricultural and food business problems and management decisions employing commonly used business software, utilizing various forms of capital and cash-flow budgeting, as well as historic and pro forma firm financial statements.
3. Utilize and apply regression and other statistical methods to analyze commodity markets and economic data.
4. Formulate agricultural and food business strategies and marketing plans for both generic commodities and specialized products.
5. Explain how external forces such as law, environmental regulation, and government policies impact agribusiness decision making.
Contact Tjodie Richardson, our AFBM Advisor