Applying principles of economics to the agricultural industry, this field tries to predict market trends for agro-products. Resource allocation and investment practices related to the field are taught. The job itself involves monitoring trade patterns, weather, equipment, consumer preferences and production methods. Professionals usually possess a Master’s degree, and if they have expertise in particular areas, may work as consultants.
Read:Â Career in rural management
Applicants to Master level courses (2 years full time) must possess a Bachelor degree; Ph.D. applicants must possess a Master Degree.
Entrepreneurship and Small Business Management asBecome your own boss as a manager in a family and/or other small businesses.
Agribusiness Management Adapt and apply regular management and research practices to businesses engaged in production and distribution of agro-products:
Public Service: Roughly the same as Agribusiness Management, only through government agency, with an added element of sustainability and conservation. State agencies offer a greater range of career choices than federal ones.
Veterinary Management:Â An oblique entry into the industry, it involves dealing with the health of animals related to agriculture. Students may take classes to qualify for veterinary medicine and open a practice on completing the program.
Finance and Appraisal:Â Project and property appraisals, investment evolutions and loan approval in commercial and agricultural banks.
Farm Business Management: Agriculture economics job prospects aren’t limited to working as specialised consultants. You may either work your own farm or as a member of an integrated agricultural firm.
International Agriculture and Development:Â Two elements, namely, the proliferation of multinational firms and the support handed out to developing nations, have created many international opportunities for a career in agriculture economics. The work is more or less the same as in the above areas, but the scope is much wider.
Read:Â Career as a forest ranger