Mar 28, 2024  
2013-2014 Graduate Catalog 
    
2013-2014 Graduate Catalog [ARCHIVED CATALOG]

Dual MS-MBA Program – Agricultural and Resource Economics


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The College of Business Administration and the College of Agricultural Sciences and Natural Resources offer a dual program leading to the conferral of both the Master of Business Administration and the Master of Science in the agricultural and resource economics major. The dual program can be accomplished with approximately 20 fewer hours of course work than would be required to earn both degrees separately.

The establishment of the dual program addresses the critical need for agribusiness personnel trained in business fundamentals, with the analytical, technical, management, and economic decision-making skills to operate within the modern economic environment. The objective of the dual degree program is to prepare graduates to take leading management roles within agribusiness firms in a rapidly changing agricultural sector in an increasingly competitive global market. The program is directed toward management of agribusiness firms within the agricultural-consulting, bioenergy, food-processing, input-supply, marketing, and transportation industries, among others.

Admission

Applicants for the dual MS-MBA program must make separate applications to and be accepted by Graduate Admissions for the Master of Business Administration and the Master of Science with a major in agricultural and resource economics. Students should indicate on both applications the intent to pursue the dual MS-MBA program. Students accepted for both the MBA and MS degree programs will be assigned to an advisor from the MBA program and another from the agricultural and resource economics MS program. These advisors will be responsible for course approval and supervision of the students’ progress through the dual program.

After the MBA application deadline of February 1, applications by United States citizens and permanent residents will still be considered as space allows. Additional information is required and different application dates are established by Graduate Admissions for international students.

Requirements

The dual MS-MBA curriculum consists of 60 hours of coursework, 30 hours for the Master of Business Administration and 30 hours for the Master of Science. A minimum of 30 hours must be from the College of Business Administration. Of the 30 hours required for the Master of Science, a minimum of 21 hours must be at the 500 level, excluding 500 and 502, a minimum of 21 hours must be from the Department of Agricultural and Resource Economics, and nine hours of electives may be from the College of Business Administration, the Department of Agricultural and Resource Economics, and/or other courses approved by the student’s Master’s Committee. The program includes a 10-week internship experience. A written comprehensive examination is required in the form of an approved written internship report integrating relevant coursework material with an approved internship project.

The dual degree candidate must satisfy the curriculum and graduation requirements of the agricultural and resource economics major and the College of Business Administration. Students withdrawing from the dual degree program before completing both degrees will not receive credit toward graduation in either degree program for courses taken in the other degree program, except as such courses qualify for credit without regard to the dual degree program. The MS and the MBA degrees will be awarded upon successful completion of the requirements of the dual program. 

Fall - First Year

 Hours

Session 1:          7 1/2 weeks

 

ACCT 506 - Managerial Accounting I 

1.5

ECON 505 - Economics of Strategy 

 1.5

STAT 505 - Quantitative Methods                                                          

 1.5

MARK 505 - Marketing and Demand Management I 

 1.5

BUAD 515 - Business Skills Development 

 1.5

 Session 2:          7 1/2 weeks

 

ACCT 505 - Financial Accounting I 

 1.5

MGT 505 - Leading Complex Organizations 

 1.5

MARK 506 - Marketing and Demand Management II 

 1.5

SCM 505 - Supply Chain Management I: Strategic Issues in Supply Side Supply Chain Management 

 1.5

BUAD 516 - Business Skills Development II 

 1.5
 Total fall hours  15

Spring - First Year

 

 Session 1:          7 1/2 weeks

 

FINC 505 - Financial Management I 

 1.5

SCM 506 - Supply Chain Management II: Strategic Issues in Demand Side Supply Chain Management 

 1.5

MGSC 505 - Descriptive Modeling 

 1.5

OMS 505 - Operations Management 

 1.5

BUAD 517 - Business Skills Development III 

 1.5

 Session 2:          7 1/2 weeks

 

MGT 506 - Competitive Strategy 

 1.5

FINC 506 - Financial Management II 

 1.5

BULW 505 - Foundations of Business Law and Ethics 

 1.5

ECON 506 - Market Forces in Global Environment 

 1.5

BUAD 518 - Innovation in Practice 

 1.5

Total spring hours

 15

Summer - First Year

 

1AREC 595 - Professional Internship 

 3.0
Total summer hours    3

Fall - Second Year

 

AREC 505 - Microeconomic Analysis 

 3.0

2AREC 512 - Advanced Agribusiness Finance 

 3.0

AREC 524 - Econometric Methods in Agricultural Economics 

 3.0

3Approved electives in AREC, MBA, or related field

 6.0
Total fall hours  15

Spring - Second Year

 

AREC 525 - Agribusiness Operations Research Methods 

3.0

2AREC 542 - Advanced Agribusiness Production Decisions 

3.0

2AREC 550 - Advanced Agribusiness Marketing 

3.0

3Approved electives in AREC, MBA, or related field

3.0
Total spring hours  12
Total hours required for dual program  60

1 Registration for AREC 595  can occur during Summer or Fall-Second Year. The internship report and oral presentation must be completed before the end of the semester of registration.
2 A student completing the series of two MBA concentration courses in finance, operations management or marketing can substitute another agricultural and resource economics course for AREC 512 , AREC 542  or AREC 550 , respectively.
3 Electives must sum to nine or more hours.

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