Online Master's Degree in Agricultural Economics

Learn about the online programs available for master's degrees in agricultural economics, including program admissions requirements, tuition, and what can be expected to be studied in common courses. Schools offering Economics degrees can also be found in these popular choices.

Murray State University

Murray State University offers an entirely online Master of Science in Agriculture with an emphasis in agribusiness economics that can be completed in either one or two years, depending on the student's choosing. Students will take courses in topics related to agriculture, research, economics, and applications, such as Research in Agriculture, Research Methodology, Graduate Computer Applications, and Agricultural Finance.

Purdue University

Purdue University offers two relevant online programs: a Master of Science in Agricultural Economics and a dual Master of Science/Master of Business Administration in Agricultural Economics and in Food and Agribusiness Management. While each program is offered online, there are five scheduled, mandatory residencies where students will meet on campus for one week to network and receive in-person instruction on more advanced topics; some accommodation costs are included in the tuition, and additional costs can be covered through Purdue's student union.

University of Nebraska - Lincoln

The University of Nebraska - Lincoln offers a Master of Science in Agricultural Economics that lasts two years. Courses are available online and students have the opportunity to participate in an assistantship, which is not a specific research project with faculty but a chance to work on many different research topics with professional organizations that collaborate with and support the school's research needs; a stipend, tuition, and some health coverage may be included.

School Name Programs Offered Tuition (2018-2019)*
Murray State University Master of Science in Agriculture with an emphasis in agribusiness economics $8,214 in-state
$13,500 out-of-state
Purdue University Master of Science in Agricultural Economics
Master of Science/Master of Business Administration in Agricultural Economics and in Food and Agribusiness Management
$9,208 in-state
$28,010 out-of-state
University of Nebraska - Lincoln Master of Science in Agricultural Economics $5,818 in-state
$16,654 out-of-state

Source: *NCES College Navigator

Admission Requirements for Agricultural Economics Master's Degrees

All applicants interested in agricultural economics master's programs need a bachelor's degree. It is not necessary to have a degree in economics, but some schools may require completion of related undergraduate courses. Letters of recommendation, a CV/resume, and official transcripts are also needed, and international students may have to take an English proficiency exam. GRE test scores may be requested, depending upon the school.

Common Courses in Agricultural Economics Graduate Programs

Master's programs in agricultural economics typically last two years. Common courses can include agricultural finance, policy, and law.

Agricultural Finance

Finance courses as they relate to agriculture teach students the fundamentals and concepts of financially managing farms and agricultural businesses. Students will learn different types of strategies for gaining and using the capital resources owned by individual agricultural firms. The various institutions that provide credit, loans, and other financial documentation or resources for agribusinesses are studied as well. By the end of the course, students should have a strong understanding of how money is exchanged in agribusiness.

Policy

The history and culture of food and agricultural policy are examined in these courses. The major topics included can range from the analysis of issues relating to food and agriculture, policy-making, and the implementation of these policies, to the domestic and international impacts that happen as a result. Evaluation of the economic factors involved in agriculture and food policy are also explored. By the end of the course, students should know and understand past and present policies in food and agriculture, as well as their impacts and economic values.

Agricultural Law

Agricultural law courses teach the laws, legal problems, and issues that lawyers face when representing clients in agribusiness. A few topics that are explored and discussed can include the environmental and economic regulations of agriculture, the organization of and how to organize the farm business, how agricultural production is financed, how agricultural products are marketed, and the management of agricultural risk. These topics are examined from a legal perspective, taking into account the regulations that control the financing, production, and marketing of agricultural products, as well as laws that regulate risks.

There are a few online programs available for those seeking master's degrees in agricultural economics, and applicants will need a bachelor's degree and GRE test scores if requested by the school. The programs typically last two years, and courses in agricultural law, policy, and finance are common.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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