Texas A&M College of Agriculture and Life Sciences
Agricultural Economics Graduate Program

Master of Agribusiness: Degree Planning Guide

 

Course

Course Description

Credits

Semester
Offered

Year
Taken

PREREQUISITES OR EQUIVALENTS
ECON 323 Microeconomic Theory Credit 3 F,S,SSI
Determination of prices and their role in directing consumption,production, and distribution under both competitive and non-competitive market situations.
ECON 410 Macroeconomic Theory Credit 3 F,S,SSII
Theory of the determination of aggregate levels of national income, employment and prices; monetary and fiscal policy analysis, effects of government debt and deficits.
MATH 142 Business Mathematics II (Multivariate Calculus) Credit 3 F,S,SSI,SSII
Derivatives, curve sketching and optimization, techniques of derivatives, logarithms and exponential functions with applications, integrals, techniques and applications of integrals, multivariate calculus.
STAT 303 Statistical Methods Credit 3 F,S,SSI,SSII
Intended for undergraduates in the social sciences. Introduction to concepts of random sampling and statistical inference, estimation and testing hypotheses of means and variances, analysis of variance, regression analysis, chi-square tests.

REQUIRED COURSES

Foundation Courses:
ACCT 640 Accounting Concepts and Procedures Credit 3 F, S
Accounting concepts and relationships essential to administrative decisions; use of accounting statements and reports as policymaking and policy execution tools.
AGEC 619 Managerial Economics in Agribusiness Credit 3 F
 Practical application of operational and strategic decision-making tools to agribusiness, focusing on important managerial and economic principlesand understanding needed to carry out these functions.
FINC 635 Financial Management Credit 3 F, S
External and internal factors affecting financial decision-making in the firm; fundamental concepts of accounting and managerial economics.
MGMT 655 Survey of Management

 Credit 3 F, S
Management concepts and applications important to managers in all types and sizes of organizations; includes: strategic planning, goal setting, control and managerial ethics; decision making, organizing, human resource management, including staffing, performance appraisal and compensation; leadership, motivation, communication and group processes; achieving organizational quality and managing in a global environment.
MKTG 621 Survey of Marketing

 Credit 3 F, S
Marketing concepts and decisions associated with developing marketing strategies; topics include product, pricing, distribution, and promotion.

Quantitative Courses:
AGEC 621 Econometrics for Agribusiness Credit 3 Fall
Econometric application and practice; analysis and interpretation of economic data for decision making and microcomputer implementation.
AGEC 622 Agribusiness Analysis and Forecasting

 Credit 3 Spring
Design, construction, use and evaluation of simulation, forecasting and optimization models to solve applied problems confronting decision makers in agribusiness.

Field Course Requirements:
AGEC 625 Environment of Agribusiness Credit 3 Spring
Analysis of the economic, social, political, technological and legal forces that impact the way in which global agribusiness firms compete; emphasis on intensive case study analysis.
AGEC 629 Agribusiness Strategic Management Credit 3 Fall
Practical application of operational and strategic decision-making tools to agribusiness; emphasis on problem recognition and economic analysis related to production, marketing and finance decisions facing agribusiness firms.
AGEC 630 Financial Analysis for Agribusiness Firms Credit 3 Fall
Application of financial planning and analysis to agribusiness firms; capital budgeting and selection of investments; the role of debt structure and liquidity in firm growth and stability; alternatives for gaining control over financial resources, managing risk and maintaining business efficiency over time.

Elective Courses (9 Credits required):
Credit 3
Credit 3
Credit 3