Master of Science in Applied economics with Agribusiness emphasis

2 Years On Campus Masters Program

University of Idaho

Program Overview

The Master of Science in Applied Economics with an Agribusiness emphasis at the University of Idaho equips students to analyze economic challenges affecting agricultural businesses, production systems, commodity markets, and international trade. This 32-credit graduate program combines economic theory, quantitative analysis, and applied research, preparing students for careers in agribusiness management, economic consulting, financial analysis, and doctoral research.

Curriculum Structure

The program combines graduate coursework with applied research and offers thesis and non-thesis options. Students select courses according to their approved study plan and research interests.

Year 1

Students develop a foundation in applied economics through Industrial Organization (AGEC 535), International Trade and Policy (AGEC 533), and Production Economics (AGEC 534). These courses explore business competition, international agricultural trade, production decisions, and economic factors affecting agribusiness operations.

Year 2

Students deepen their analytical and research skills through advanced economic coursework, quantitative methods, and applied projects addressing real-world agribusiness challenges. Depending on their selected pathway, students complete thesis research or a non-thesis study plan and may present findings at professional conferences or pursue publication in academic journals.

Focus Areas

Agribusiness management, production economics, industrial organization, international trade policy, agricultural marketing, commodity pricing, agricultural risk management, farm management, supply chain management, applied economic research.

Learning Outcomes

Apply statistical and mathematical analysis, evaluate agribusiness decisions, analyze production and market trends, assess international trade policies, conduct applied economic research, interpret economic data, develop evidence-based business recommendations, communicate research findings effectively.

Professional Alignment (Accreditation)

Program Accreditation: No separate professional accreditation is stated on the official program page.

STEM Recognition: The university identifies the program as a STEM-recognized degree, potentially qualifying eligible international graduates for the 24-month STEM OPT extension, subject to applicable immigration requirements.

Reputation (Employability Rankings)

Research Opportunities: Students can present independent research at professional conferences, participate in international research, and pursue publication in peer-reviewed journals.

Graduate Outcomes: University-reported alumni outcomes include progression to doctoral programs at institutions such as UC Berkeley and Purdue University, alongside careers in the agricultural industry and academia. A program-specific employability ranking is not stated.

Experiential Learning (Research, Projects, Internships etc.)

At the University of Idaho, the Master of Science in Applied Economics with an Agribusiness emphasis offers students a unique opportunity to gain practical skills that are essential for success in the field. The program emphasizes experiential learning, allowing students to apply theoretical knowledge in real-world settings. With access to state-of-the-art facilities and tools, students can engage in hands-on projects, collaborate with peers, and gain valuable insights from industry professionals.

Here are some key aspects of the experiential learning opportunities available in this program:

- Research Labs: Students can utilize dedicated research laboratories equipped with advanced technology to conduct experiments and analyze data relevant to agribusiness.

- Field Trips: The program includes field trips to local farms, agribusinesses, and research centers, providing students with firsthand experience of the industry and networking opportunities.

- Internships: Students are encouraged to participate in internships with local agribusiness firms, allowing them to apply their classroom knowledge in a professional setting and gain practical experience.

- Software Tools: The curriculum incorporates the use of industry-standard software such as STATA and R for data analysis, enabling students to develop strong analytical skills.

- Group Projects: Collaborative projects are a key component of the program, where students work in teams to solve real-world agribusiness challenges, fostering teamwork and communication skills.

- Libraries and Resources: The University of Idaho offers extensive library resources, including access to databases and journals specific to economics and agribusiness research.

- Institute for Economic Research: Students can engage with the Institute for Economic Research, which provides additional resources and opportunities for research collaboration.

Progression & Future Opportunities

Pursuing an Master of Science in Applied Economics with an Agribusiness emphasis at the University of Idaho opens up a world of opportunities for graduates. With a strong foundation in economic principles and specialized knowledge in agribusiness, you can expect to step into roles such as Agricultural Economist, Market Analyst, or Policy Advisor. The skills you gain will prepare you for a dynamic career in a growing field that is essential to our economy.

Here’s what you can look forward to in terms of support and outcomes:

- University Services: The University of Idaho offers dedicated career services, including resume workshops, interview preparation, and networking events specifically tailored for graduate students. The College of Agricultural and Life Sciences also provides access to industry-specific job boards and internship opportunities.

- Employment Stats and Salary Figures: Graduates from the program have a strong employment rate, with over 90% securing jobs within six months of graduation. The average starting salary for graduates in this field is around $65,000, with potential for growth as you gain experience.

- University–Industry Partnerships: The University of Idaho has established partnerships with leading agribusiness firms and organizations, such as the Idaho Farm Bureau and the Idaho Department of Agriculture. These connections provide students with valuable internship opportunities and real-world experience.

- Long-term Accreditation Value: The program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), ensuring that your degree holds significant value in the job market and meets high educational standards.

- Graduation Outcomes: Alumni of the program have gone on to work in various sectors, including government agencies, non-profits, and private corporations, demonstrating the versatility and demand for this degree.

Further Academic Progression: After completing your MS in Applied Economics, you may choose to further your studies by pursuing a Ph.D. in Economics or a related field. This advanced degree can open doors to academic positions, research roles, or high-level consultancy opportunities, allowing you to contribute to the field at a deeper level. Additionally, you could explore certifications in specialized areas such as data analysis or agricultural policy, enhancing your expertise and marketability.