M.Sc In Agricultural Economics And Farm Management

Agricultural Economics and Farm Management

The course aims to equip students with the requisite technical skills that are relevant to the field of Agricultural Economics while maintaining a focus on applications rather than abstract analysis.

Students have the option of choosing course modules oriented towards development, production, marketing, and economic transition. The course has been designed for those wishing to become Agricultural Economists or undertake higher studies within this area. The course consists of elements of study concerned with both local development and wider international trade.

Economics in this discipline is applied to measure the impact of agricultural practices and attempts to forecast it. As such, a Masters in Agricultural Economics can lead to a range of professional opportunities. Students are taught to develop advanced numerical skills in mathematical modeling and Econometrics, as well as expertise in analyzing economic or agricultural policies. Potential employers include agribusiness companies and similar commercial organizations.

More diverse careers are also available in fields such as market research, development or areas of public policy related to agriculture and food production. Such postgraduates are hired for roles involving impact assessment and evaluation studies of agricultural development programs and technologies.

M.Sc. in Agricultural Economics: What is it About?

M.Sc. in Agricultural Economics is a social science program that focuses on economic methods and tools employed in solving agriculture-related issues. Enrolled students are taught to

• assess international Economics, Agribusiness Economics, and Development Economics issues and related decision-making processes
• work with legislation and relevant institutions, and to analyze interdisciplinary topics from an economic angle.
• communicate academic issues and solutions to peers and the public
• acquire familiarity with the economic policy landscape
• analyze and advise on international economics and development and/or industrial economics from a food policy perspective.
• Understand economic incentives and how they can regulate the consumption and production of food
• Understand industrial organization, innovation in the food industry, and the agribusiness value chain from farm to fork.

Enrolled students are also offered practical experience in rural surveying or planning, farm management, or other types of agricultural work. These applications are often essential for trainee jobs and such work experience opportunities.

Eligibility for M.Sc. in Agricultural Economics

The aspiring candidate seeking admission to the course, as a minimum criterion of eligibility, are needed to have:

• Completed graduation in the discipline of Agriculture from a recognized university.
• A minimum aggregate score of 60% (50% for SC/ST candidates) at the levels of 10+2 and graduation.

M.Sc. in Agricultural Economics: Admission Process

Admission to the course is provided to eligible candidates on the basis of performance in a relevant entrance examination, which is conducted either by the concerned institution or at the State or national level. A cut-off score is set for the examination and students clearing that are eligible for the counseling process.

The counseling process comprises two additional rounds of Group Discussion and Personal Interview, wherein the candidate’s general aptitude for the course is examined, and seats are allotted to qualifying students.

Although, there are some colleges in India that provide admission on the basis of marks scored in last qualifying examination (graduation).