Courses in Agribusiness Management
AG 111 Emerging Issues in Ag & Natural Resources (4)
Survey of emerging issues in the food and agricultural industry, including: 1) geography of food production and consumption; 2) human agricultural and natural resource relations; 3) agriculture in the United States and abroad; 4) modern agribusiness; 5) food, agriculture, and natural resources policy; 6) ethical and legal implications; and 7) role and impact of science and technology.
AG 202 Horticulture, Plant & Soil Science (4)
This course provides the science of growing horticultural and plant species including their binomial systems, species development, plant genetics, and how plants and soils impact the environment in which we live. Emphasis is on growth and development of plant species, management practices as well as environmental factors impacting plant growth. The course will also emphasize soil science, soil genesis, pedology, and soil fertility so students may gain a deep understanding of the importance of soils and how soils and plants share an essential relationship.
AG 203 Agricultural Animal Science (4)
This course provides the science of agricultural animals including cattle, swine, horses, goats, sheep, poultry, equine, and dairy. Anatomy and physiology of each animal species is studied extensively as well as growth and development from birth to adulthood. The course will also emphasize how to successfully manage livestock animals so that sound decision-making skills may be made within in each animal system.
AG 211 Introduction to Agribusiness (4)
The role of agricultural business in the economy. Introductory economic and business principles and their application to the solution of agricultural problems. Corequisite: EC 105 or equivalent.
AG 301 Community Engagement in Agriculture-SAE & FFA Administration (4)
This course provides a deep look into how the Supervised Agriculture Experience program (SAE) and the FFA organization plays a vital role in agricultural education programs at the middle and secondary school levels. Community engagement in carrying out SAE and FFA is emphasized as well as agricultural education students gaining experience within their field experience program. This course is required for agricultural education majors in their sophomore or junior year.
AG 320 Accounting, Taxation, & Finance in Agriculture (4)
The learning objectives of this course are to (1) understand source documents and the usefulness of recordkeeping. (2) Understand ag accounting using the Farm Financial Standards Council guidelines. (3) Understand taxation for both Federal and Illinois. (4) Understand accounting, taxation, and legal implications related to type of business entity. (5) Understand and analyze financial statements using benchmark ratios; horizontal, vertical, and per acre analysis. (6) Understand financial markets and institutions in agriculture. (7) Understand sources and costs of capital. (8) Understand risk management and insurance needs. Prerequisites: AG 211 or equivalent, AC 231, and EC 105. (See AC 320.)
AG 321 Agricultural Marketing (4)
Marketing concepts, techniques, and management of the U.S. marketing system from agricultural production, agribusiness, and traditional business perspectives. Prerequisite: AG 211 or equivalent. May not be taken for credit if a student has earned credit for MG 354.
AG 331 Agricultural Economics (4)
An introduction to the principles of economics including production principles; production costs, supply and revenue; profit maximization; consumption and demand; price elasticity; market price determination; and competitive versus noncompetitive market models. These principles are applied to agriculture and the role of agriculture in the United States and world economies. Other topics include a survey of the world food situation; natural, human and capital resources; commodity product marketing; and agricultural problems and policies. Prerequisite: EC 105 or equivalent. (See EC 331.)
AG 340 Farm Management (4)
Economic principles are applied to the management of farms using budgeting system analysis, record analysis, financial management, and lease analysis. Students develop expertise in evaluating and making decisions like those faced by farm operators and managers. Prerequisite: AG 211 or equivalent and EC 105.
AG 461/462 Independent Study in Agribusiness Management (1-4)
Advanced independent study in the field of agribusiness management or marketing. Open to senior majors seeking advanced study in their areas of specialization. May be repeated with different subject matter for a maximum of 6 hours. Prerequisite: Consent of the instructor.
AG 463/464 Internship in Agribusiness (1-4)
A practical application of theoretical skills in actual job-related situations. May be repeated for a maximum of 6 hours. Open to sophomore, junior and senior majors. Prerequisite: Consent of the instructor.
AG 491 Agribusiness Management Senior Capstone (4)
This course will serve as the capstone course for all senior-level students majoring in Agribusiness Management. In addition, a strong emphasis will be placed on undergraduate research. Specifically, students will be asked to research relevant agribusiness topics from either the social scientific or humanistic perspectives during the semester and formally present their scholarly findings. As part of the capstone experience in this course, students will be asked to synthesize their previous coursework and critically reflect on their experiences in the Agribusiness Management program. Prerequisite: senior standing or consent of the instructor.