Dec 04, 2024  
2017-2018 Graduate Catalog 
    
2017-2018 Graduate Catalog [ARCHIVED CATALOG]

Dual MS-MBA Program – Agricultural and Resource Economics


The Haslam College of Business 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 credit 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 credit hours of coursework, 30 credit hours for the Master of Business Administration and 30 credit hours for the Master of Science. A minimum of 30 credit hours must be from the Haslam College of Business. Of the 30 credit hours required for the Master of Science, a minimum of 21 credit hours must be at the 500 level, excluding 500 and 502, a minimum of 21 credit hours must be from the Department of Agricultural and Resource Economics, and nine credit hours of electives may be from the Haslam College of Business, 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 Haslam College of Business. 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

Credit Hours

  Session 1:          7 1/2 weeks  
    ACCT 505 - Financial Accounting I   1.5
    MGT 506 - Competitive 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 506 - Managerial Accounting I   1.5
    FINC 505 - Financial Management I   1.5
    MARK 506 - Marketing and Demand Management II   1.5
    ECON 505 - Economics of Strategy   1.5
    BUAD 516 - Business Skills Development II      1.5
    Total fall 15.0

Spring - First Year

 

  Session 1:          7 1/2 weeks  
    MGT 505 - Leading Complex Organizations   1.5
    SCM 505 - Supply Chain Management I: Strategic Issues in Supply Side Supply Chain Management   1.5
    BZAN 505 - Operations Management   1.5
    BZAN 506 Prescriptive Modeling   1.5
    BUAD 517 - Business Skills Development III   1.5
  Session 2:          7 1/2 weeks  
    SCM 506 - Supply Chain Management II: Strategic Issues in Demand Side Supply Chain Management   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 15.0

Summer - First Year

 

    1AREC 595 - Professional Internship    3.0
    Total summer 3.0

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 15.0

Spring - Second Year

 

    AREC 525 - Agribusiness Operations Research Methods    3.0
    2AREC 542 - Decisions, Uncertainty, and Resource Allocation   3.0
    2AREC 550 - Microeconomic Applications to Agricultural and Resource Markets   3.0
    3Approved electives in AREC, MBA, or related field 3.0
    Total spring   12.0
    Total credit hours required for dual program 60.0

 

1AREC 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.
2A 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.
3Electives must sum to nine or more credit hours.