Agricultural Economics Career, Top Colleges and Recruiters

Agricultural Economics is an applied branch of economics. The stream allows the candidates to deal with micro and macroeconomics tools & using them for problem-solving purposes. The candidates who will opt for the course will be able to get the technical skills required for the field of Agricultural Economics. Interested in the course? Read the full article to get a detailed idea about the field of Agricultural Economics.


Top Colleges:

The top colleges for the course study for Agricultural Economics are:


Highlights:

Course NameAgricultural Economics
Examination Type
Semester System
Course Level

M.Sc in Agricultural Economics: 2 Years

Ph.D. in Agricultural Economics: 2 years (3 years for some colleges)

Eligibility
Varies with Course
Admission Process
Counseling after qualification of relevant entrance examination 
Top RecruitersAcademic Institutes, Agricultural Production Companies, Marketing Companies, Agri-Finance Banks, Conservation Research Centres, Food Processing Companies, FMCG Companies, etc
Top Career ScopesAgriculture Consultant, Research Investigator, Farming Manager, Commodity Analyst

Eligibility:

Course
Duration
Eligibility
Entrance
M.Sc.
2 years
  • Bachelor’s degree in agriculture or an equivalent stream
  • Must have scored a minimum of 60% (5% relaxation for reserved categories)
N/A
PhD
2 years (3 years for some colleges)
  • Master’s degree with a minimum Of 2.5/4 or 6.5/10 CGPA
  • GIPE PhD Entrance Exam
  • OUAT Common Entrance Exam


Top Recruiters:

The top recruiters for the course based for the Agricultural Economics are:

  • Academic Institutes
  • Agricultural Production Companies
  • Marketing Companies
  • Agri-Finance Banks
  • Conservation Research Centres
  • Food Processing Companies
  • FMCG Companies


Admission Process:

The admission process generally varies across the colleges. The admission process for the students is based over the performance in the relevant entrance examination and also often followed by the round of the personal interview, wherein the general aptitude for the course is being tested. There are institutes where there is direct admission which is based over the candidate's performance at the last qualifying exam. 


Syllabus:


M.Sc in Agricultural Economics


SEMESTER I
SEMESTER II
Micro-economic theory and application
Agricultural marketing price analysis
Macro-economics and policy
Research methods for social sciences
Agricultural production economics
Econometrics

International economics
SEMESTER III
SEMESTER IV
Agricultural finance project management
Master’s seminar
Agricultural development and policies
Comprehensive

Master’s research


Ph.D. in Agricultural Economics

Subjects of Study

Micro Economic Theory and Application
Micro Economic Theory and Policy
Elementary Econometrics
Linear Programming Methods
Agricultural Marketing & Price Analysis
Agriculture Production Economics
Seminar 


Basic Supporting Courses


Elective Optional Courses
Thesis

Deficiency Courses

  • Economic Theory   

Deficiency Courses for the Students coming from a non-agriculture stream

  • Agricultural Economics I
  • Agricultural Economics II   


Optional Courses


Advance Fisheries Economics
Livestock Economics
Consumption Economics
Principles & Practices of Banking
Accountancy and Book Keeping
Special Problem
Economics of Development & Growth
Monetary Theory and Policy
Research Methodology
Resource Economics
Agricultural Policy
Economic Planning for Agriculture
Advance Agricultural Finance
Project Planning Appraisal & Financing
Seed Business Management
Advance Agricultural Marketing


Skills Required:

The skills required for the course study for Agricultural Economics are:

  • High mathematical, analytical and scientific aptitude.
  • creative, thorough and analytical.
  • problem-solving abilities.
  • interest in economics.
  • a deep interest in agriculture and the natural environment.
  • good communication, research and organisational skills


Top Entrances:

The top entrances for the course study of Agricultural Economics here are:


Career and Job Prospects:

Job Position
Job Description
Annual Salary (Approx.)
Agriculture Consultant

Agricultural Consultants help farmers by giving data and procedures identified with pest control, some cultivating strategies and more. Their duties and responsibilities are,

  • Collecting information
  • Analysing a problem (be it increasing crop production or eliminating pests)
  • Developing solutions in keeping with accepted standards of agricultural practices
1,80,000/-
Research Investigator
  • Perform surveillance and research for a corporation, law enforcement agency or individual clients
  • Perform interviews and observation on a given situation to determine the nature of what is happening for a client
6,20,000/-
Farming Manager
  • Supervising a farm, such as manual labour
  • Decide which plants and how many crops to lay down every season (based on weather projections, familiar disease and fluctuations in the market)
  • Seek out buyers and sell products for the maximum amount of profit
  • Create planting and harvesting schedules and oversee the work done by operators and other farm employees
9,44,000/-
Commodity Analyst

Role of a Clinical Research Analyst is broad and can vary from employer to employer. Such as,

  • Measure the effectiveness of a drug, and medical device or process on the human body
  • Perform clinical research in a hospital, medical facility or laboratory,
  • Work with physicians or scientists who oversee clinical research
  • Interact directly with patients by screening them as potential candidates or collecting data needed for the study
7,50,000/-

FAQs:


Q: Which is the good college to pursue UG & PG in Agricultural Economics?
A: Some of the best colleges are, 

  • Lovely Professional University
  • RIMT University
  • Dolphin PG Institute of Biomedical and Natural Sciences

Check the “Top Colleges” section to know more.


Q: What is Agricultural Economics?

A: Agricultural Economics is an applied branch of economics. The stream allows the candidates to deal with micro and macroeconomics tools & using them for problem-solving purposes. 


Q: What is the starting salary in a career in Agricultural Economics?
A: The starting salary in a career in Agricultural Economics is 1,80,000/- (approx.).


Q: What is the minimum qualification required for an M.Sc Degree in Agricultural economics?

A: The minimum qualification required is mentioned below:

  • Bachelor’s degree in agriculture or an equivalent stream
  • Must have scored a minimum of 60% (5% relaxation for reserved categories)

Q: What are the top entrances for a degree in Agricultural economics?

A: The top entrances are mentioned below:

  • OUAT Common Entrance Exam
  • LPU NEST
  • ICAR Entrance Examination

Q: Who are the top recruiters in the field of Agricultural Economics?

A: The top recruiters are mentioned below:

  • Academic Institutes
  • Agricultural Production Companies
  • Marketing Companies
  • Agri-Finance Banks

Q: What is the top career scope in the field of Agricultural Economics?

A: The top career scopes are mentioned below:

  • Agriculture Consultant
  • Research Investigator
  • Farming Manager

Q: What is the Admission Process for Agricultural Economics?

A: The Admission Process is mentioned below:

The admission process for the students is based over the performance in the relevant entrance examination and also often followed by the round of the personal interview, wherein the general aptitude for the course is being tested

Q: What is the duration of the course?

A: The duration of the course is mentioned below:

  • M.Sc in Agricultural Economics: 2 Years
  • Ph.D. in Agricultural Economics: 2 years (3 years for some colleges)

Q: Can I get direct admission into a course in Agricultural Economics?

A: There are institutes where there is direct admission which is based over the candidate's performance at the last qualifying exam. 


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