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2021 Agricultural Economics & Business Degree Guide

Are you interested in farming, ranching or another agricultural field? Would you find it fulfilling to manage your own farm, raise livestock, grow crops or manage an agricultural business?

While it's true that a major in agricultural economics and business will include classes related to agricultural science, there is a lot more to it than that. Many students will aspire to go into their own business, and classes will include business management, economics, human resource management, finance, planning, marketing, retail and much more.

Concentrations in this major include such fields as Agribusiness, Agricultural Economics, Farm and Ranch Management, Farm Supplies Retail & Wholesaling and Agricultural Business Technology among others. Make sure your concentration of interest is available at the college you choose.

Rapid Growth in Agricultural Economics & Business Degrees Awarded

#94 Most Popular Major
8.9k Degrees Awarded
4.4% Increase in Graduates

Agricultural Economics & Business was the 94th most popular major in the 2018-2019 school year. Colleges in the United States reported awarding 8,910 degrees in this year alone. This is a difference of 389 over the prior year, a growth of 4.4%.

There are 250 schools offering degrees in agricultural economics and business in the United States. Our 2021 Best Colleges for Agricultural Economics & Business ranking analyzes 57 of these schools to determine the best overall colleges for agricultural economics and business students. Explore this or one of our many other custom agricultural business rankings further below.

Requirements for Getting a Degree in Agricultural Economics & Business

Many people are attracted to this field because they have a passion for farming, producing food from the land and working outdoors. Depending on your role in the organization, this field may require strenuous physical labor and may not follow a traditional schedule of a 40-hour work week. Many people in this field are self-employed. Some are hired as managers for larger companies. Not only does this field require extensive knowledge of farming, whether crops or livestock, it also requires strong business skills. Farmers and Agricultural managers will often have a hand in multiple areas, including managing payroll and taxes, hiring employees, determining sales opportunities, marketing their product and planning the future of the business.

This field will require a strong science background, business training and good communication skills. This is a varied and exciting job for those with a driving interest in the growing, producing, selling and marketing of food.

Work experience is an important aspect to finding a job in this field. Students who are interested in pursuing this major should find opportunities to get first-hand experience through a summer job, internship, Co-op or work abroad program.

Getting Accepted Into an Agricultural Economics & Business Program

agricultural economics and business degree applicants generally need have finished high school or their GED. Many schools may also have GPA and SAT/ACT score minimums that must be met. Specific agricultural business careers may require a certain level of degree attainment or additional certifications beyond that.

Types of Agricultural Economics & Business Degrees

Agricultural Business degree levels vary. You can spend many years getting as high as a research / scholarship based doctorate's in agricultural economics and business to something that takes less time like a associate's. The time it takes to complete a agricultural business degree varies depending on the program.

Degree Credit Requirements Typical Program Length
Associate Degree 60-70 credits 2 years
Bachelor’s Degree 120 credits 4 years
Master’s Degree 50-70 credits 1-3 years
Doctorate Program required coursework including thesis or dissertation At least 4 years

A bachelor's degree is the most common level of education achieved by those in careers related to agricultural business, with approximately 26.9% of workers getting one. Find out other typical degree levels for agricultural business workers below.

Level of Education Percentage of Workers
Bachelor’s Degree 27.7%
High School Diploma 15.8%
Doctoral Degree 12.9%
Master’s Degree 10.3%
Some College Courses 9.1%

Most workers in agricultural business have at least a bachelor's degree. View the chart below to get an idea of what degree level most of those in agricultural economics and business careers have.

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The education level required is different depending on the agricultural business career you are seeking.

Career Opportunities for Agricultural Business Majors

Above Average Number of Jobs
$40.1k Average Starting Salary
4% Growth Job Outlook 2016-26

A degree in agricultural economics and business provides students with a broad set of skills. Students would be well poised to run their own farm or business, or work as a manager in an agricultural field. Students will also have the ability to specialize in areas of particular interest to them.

Growth Projected for Agricultural Business Careers

Want a job when you graduate with your agricultural business degree? Agricultural Economics & Business careers are expected to grow 3.6% between 2016 and 2026.

The following options are some of the most in-demand careers related to agricultural economics and business.

Occupation Name Projected Jobs Expected Growth
Office and Administrative Support Worker Supervisors 1,557,400 3.4%
Farmers, Ranchers, and Agricultural Managers 1,020,700 -0.8%
Computer User Support Specialists 708,700 11.3%
Farming, Fishing, and Forestry Worker Supervisors 49,700 2.1%
Agricultural Products Graders and Sorters 42,500 -0.9%

How Much Money Do People With a Agricultural Business Degree Make?

Agricultural Economics & Business graduates between 2015-2017 reported earning an average of $40,058 in the 2017-2018 timeframe. Earnings can range from as low as $15,700 to as high as $73,300. As you might expect, salaries for agricultural business graduates vary depending on the level of education that was acquired.

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High Paying Careers for Agricultural Business Majors

Salaries for agricultural economics and business graduates can vary widely by the occupation you choose as well. The following table shows the top 5 highest paying careers agricultural business grads often go into.

Occupation Name Median Average Salary
Economists $116,020
Agricultural Sciences Professors $90,890
Farmers, Ranchers, and Agricultural Managers $79,940
Office and Administrative Support Worker Supervisors $59,340
Computer User Support Specialists $55,050

Getting Your Agricultural Economics & Business Degree

With over 691 different agricultural business degree programs to choose from, finding the best fit for you can be a challenge. Fortunately you have come to the right place. We have analyzed all of these schools to come up with hundreds of unbiased agricultural business school rankings to help you with this.

One of 13 majors within the Agriculture & Agriculture Operations area of study, Agricultural Economics & Business has other similar majors worth exploring.

Majors Similar to Agricultural Business

Related Major Annual Graduates
Animal Science 7,814
Horticulture 4,451
General Agriculture 3,551
Agricultural Production 3,536
Plant Sciences 3,278

View All Agricultural Business Related Majors >

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