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Agricultural Business Management Major

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Agricultural Business Management

94 Bachelor's Degrees Annually
5 Master's Degrees Annually
#82 in Popularity
$79,940 Median Salary

Types of Degrees Agricultural Business Management Majors Are Getting

The following table lists how many agricultural business and management graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 94
Associate’s Degree 35
Basic Certificate 6
Master’s Degree 5
Undergraduate Certificate 1

What Agricultural Business Management Majors Need to Know

People with careers related to agricultural business were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for Agricultural Business Majors

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

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  • 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

The following list of skills has been highlighted as some of the most essential for careers related to agricultural business:

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  • 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

As you progress with your agricultural business degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

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  • 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?

94 Bachelor's Degrees Annually
40% Percent Women
15% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 60% of the graduates in this field are male.

Racial-Ethnic Diversity

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

Racial-Ethnic Diversity of Agricultural Business Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 5
Black or African American 0
Hispanic or Latino 6
White 75
International Students 5
Other Races/Ethnicities 3

Geographic Diversity

Agricultural Business appeals to people across the globe. About 5.3% 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 you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

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.

Median Salary for an Agricultural Business Management Major  ( 50790 to 90890 )
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250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
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250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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250K

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.

Find out what the typical degree level is for agricultural business careers below.

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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 2018-2019 academic year, 19 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) 5 0
Certificate (1-2 years) 2 0
Certificate (2-4 Years) 1 0
Associate’s Degree 7 0
Bachelor’s Degree 1 1
Post-Baccalaureate 5 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!

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

Major Number of Grads
Agribusiness/Agricultural Business Operations 3,099
Agricultural Business 2,288
Agricultural Economics 2,250
Farm/Farm & Ranch Management 645
Agricultural/Farm Supplies Retailing and Wholesaling 381
Agricultural Business Technology 106

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.

More about our data sources and methodologies.

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