Agricultural Business Management

Types of Degrees Agricultural Business Management Majors Are Getting

The following table lists how many agricultural business and management graduations there were in 2020-2021 for each degree level.

Education Level	Number of Grads
Bachelor’s Degree	103
Associate Degree	19
Basic Certificate	9
Master’s Degree	7
Graduate Certificate	1

What Agricultural Business Management Majors Need to Know

In an O*NET survey, agricultural business majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.

Knowledge Areas for Agricultural Business Majors

Agricultural Business majors often go into careers in which the following knowledge areas are important:

• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• Biology - Knowledge of plant and animal organisms, their tissues, cells, functions, interdependencies, and interactions with each other and the environment.
• Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
• Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.

Skills for Agricultural Business Majors

When studying agricultural business, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Speaking - Talking to others to convey information effectively.
• Monitoring - Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
• Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Abilities for Agricultural Business Majors

Some of the most crucial abilities to master while a agricultural business student include the following:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
• Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
• Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).

Who Is Getting a Bachelor’s Degree in Agricultural Business Management?

Roughly 49% of the graduates are women, and 51% are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of agricultural business majors is as follows:

Race/Ethnicity	Number of Grads
Asian	2
Black or African American	2
Hispanic or Latino	3
White	90
International Students	2
Other Races/Ethnicities	4

Geographic Diversity

Students from other countries are interested in Agricultural Business, too. About 1.9% of those with this major are international students.

How Much Do Agricultural Business Management Majors Make?

Salaries According to BLS

Average salaries range from $50,790 to $90,890 (25th to 75th percentile) for careers related to agricultural business. This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Amount of Education Required for Careers Related to Agricultural Business Management

Some degrees associated with agricultural business may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to agricultural business have obtained the following education levels.

Education Level	Percentage of Workers
Less than a High School Diploma	1.7%
High School Diploma - or the equivalent (for example, GED)	20.1%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	12.5%
Some College Courses	9.0%
Associate’s Degree (or other 2-year degree)	10.6%
Bachelor’s Degree	26.3%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	0.9%
Master’s Degree	2.7%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level.	0.2%
Doctoral Degree	10.5%
Post-Doctoral Training	5.1%

Online Agricultural Business Management Programs

In the 2020-2021 academic year, 17 schools offered some type of agricultural business and management program. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	2	0
Certificate (2-4 Years)	1	0
Associate’s Degree	7	0
Bachelor’s Degree	1	0
Post-Baccalaureate	0	0
Master’s Degree	1	0
Post-Master’s	0	0
Doctor’s Degree (Research)	0	0
Doctor’s Degree (Professional Practice)	0	0
Doctor’s Degree (Other)	0	0

Is a Degree in Agricultural Business Management Worth It?

The median salary for a agricultural business grad is $79,940 per year. This is based on the weighted average of the most common careers associated with the major.

This is 100% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $800,800 after 20 years!

Majors Related to Agricultural Business Management

You may also be interested in one of the following majors related to agricultural business.

Major	Number of Grads
Agribusiness/Agricultural Business Operations	3,108
Agricultural Business	2,150
Agricultural Economics	1,912
Farm/Farm & Ranch Management	537
Agricultural/Farm Supplies Retailing and Wholesaling	204
Agricultural Business Technology	48

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By {} under License

More about our data sources and methodologies.