Program Overview
The Agricultural Business Management program at the University of Wisconsin-Madison equips students with business principles and analytical skills for careers in the agriculture industry. The curriculum combines coursework in agribusiness, economics, finance, and management, with a focus on managerial economics and market analysis. Graduates pursue careers in management, business analysis, marketing, and other fields within agribusiness and related sectors.
Program Outline
Degree Overview:
Overview:
The Agricultural Business Management (ABM) program at the University of Wisconsin-Madison equips students with the knowledge and skills to apply business principles to the agriculture industry and related fields.
Objectives:
The program aims to:
- Provide students with a solid foundation in business operations, finance, economics, and management.
- Develop students' analytical and managerial capabilities.
- Enhance students' understanding of the organization of the food system and commodity markets.
Program Description:
The ABM curriculum combines coursework in agribusiness, economics, statistics, accounting, finance, and management. Students can also take courses through the School of Business, including business law, fundamentals of accounting and finance, and fundamentals of management. The program emphasizes managerial economics, decision-making, and the use of applied mathematics and statistics to analyze prices and markets in the agribusiness industry.
Outline:
Core Courses:
- Macroeconomics
- Microeconomics
- Finance
- Accounting
- Commodity Markets
- Economic Analysis, Planning, and Management
- Senior Capstone Experience
Elective Courses (select three):
- The International Agricultural Economy
- Cooperatives and Alternative Forms of Enterprise Ownership
- Intellectual Property Rights, Innovation and Technology
- Introduction to Finance
- Intermediate Macroeconomic Theory
- Business Law
- Fundamentals of Accounting and Finance for Non-Business Majors
- Fundamentals of Management and Marketing for Non-Business Majors
- Marketing Management
- Managing Organizations
- Human Resource Management
- Introductory Financial Accounting
- Introductory Managerial Accounting 1
Teaching:
Teaching Methods:
The program utilizes a combination of lectures, discussions, case studies, and hands-on projects to facilitate learning.
Faculty:
The program is taught by experienced faculty members from the Department of Agricultural and Applied Economics. Faculty profiles are available on the department website.
Unique Approaches:
- Students are encouraged to apply their classroom learning to real-world situations through research projects, independent studies, and internships.
- The program offers a one-credit course in career development for majors, providing resume writing assistance, interviewing tips, and opportunities to hear from department alumni.
Careers:
Career Paths:
Graduates of the ABM program pursue careers in:
- Management
- Business analysis
- Marketing
- Commodities trading
- Sales
- Consulting
- Banking
- Finance
Opportunities:
ABM graduates find employment in:
- Agribusiness firms
- Food companies
- Tech companies
- Co-operatives
- Government agencies
- Financial institutions
