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Agricultural Business Major

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Agricultural Business

1,197 Bachelor's Degrees Annually
72 Master's Degrees Annually
#36 in Popularity
$79,940 Median Salary

Types of Degrees Agricultural Business Majors Are Getting

The following table lists how many agricultural business graduations there were in 2019-2020 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 1,194
Associate Degree 665
Basic Certificate 184
Undergraduate Certificate 98
Master’s Degree 42
Graduate Certificate 6
Doctor’s Degree 4

What Agricultural Business 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.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
  • 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

A major in agricultural business prepares you for careers in which the following skill-sets are crucial:

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  • Speaking - Talking to others to convey information effectively.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • 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 a agricultural business major, you will find yourself needing the following abilities:

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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?

1,194 Bachelor's Degrees Annually
38% Percent Women
8% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 62% 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:

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Race/Ethnicity Number of Grads
Asian 1
Black or African American 27
Hispanic or Latino 41
White 1,016
International Students 71
Other Races/Ethnicities 38

Geographic Diversity

Students from other countries are interested in Agricultural Business, too. About 5.9% of those with this major are international students.

How Much Do Agricultural Business Majors Make?

Salaries According to BLS

Average salaries range from $79,940 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 Major  ( 79940 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.

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.

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Education Level Percentage of Workers
Less than a High School Diploma 1.4%
High School Diploma - or the equivalent (for example, GED) 14.4%
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) 10.7%
Some College Courses 5.7%
Associate’s Degree (or other 2-year degree) 10.4%
Bachelor’s Degree 30.9%
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. 1.2%
Master’s Degree 3.6%
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 14.0%
Post-Doctoral Training 6.8%

Online Agricultural Business Programs

In the 2019-2020 academic year, 150 schools offered some type of agricultural business 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) 20 0
Certificate (2-4 Years) 0 0
Associate’s Degree 81 7
Bachelor’s Degree 2 0
Post-Baccalaureate 0 0
Master’s Degree 8 2
Post-Master’s 1 0
Doctor’s Degree (Research) 2 0
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Agricultural Business 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 3,122
Agricultural Economics 2,141
Farm/Farm & Ranch Management 439
Agricultural/Farm Supplies Retailing and Wholesaling 401
Agricultural Business & Management 143
Agricultural Business Technology 65

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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