Agribusiness

Overview

Genesis 2:15 tells us that God placed Adam in the garden and instructed him to take care of it. Since the beginning of time, we have been cultivating the ground and keeping the orchard in order to provide food for those around us. In the Grace College School of Business, we strongly believe that Jeremiah 29: 4-7 provides a great guideline and encouragement for business professionals to assist in helping their local communities. We believe that the Agribusiness program will assist in fulfilling our mission in a new and beneficial way to both Grace College and our local agricultural community.

The Kosciusko County Economic Development Corporation’s web site states that we are, “located in a strong agricultural production area, that has changed significantly and is noted for state-of-the art innovation and technology in its farming, ag processing and ag equipment industries. What hasn’t changed is the rural work ethic of its workforce and a common-sense problem-solving approach to business.”

Indiana boasts an agricultural industry that produces $38 billion annually which is roughly 13.5% of the states’ economic activity. In fact, 83% of Indiana’s land is dedicated to either agricultural production or forestry.

Jeff Mize, CEO of Ag Plus in South Whitley said, “Agricultural employment options are endless right now. There are so many opportunities that were not (available) 20 years ago. You look at your workforce and almost 50 percent of our workforce is going to retire in the next three to seven years.”

Since the world population is expected to be around 9 billion by the year 2050, it is believed that farms must become far more efficient with farmers producing more than 70% more food than they do now. This will take an educated workforce that is willing to use modern technology and methods to produce food to feed the world. Still, contrary to popular belief, 97% of all the farms in the USA are family owned and operated leaving only 3% that are operated by non-family corporations.

The Agribusiness program is designed to provide students with strong foundations in science and traditional business while emphasizing specialized agribusiness courses. Internships are designed to provide the student with hands-on experience for an entire ag-cycle from beginning planting through harvest. Internships will be tailored to the agricultural interest of each student.

 

Course Requirements for Associates of Applied Science in AgribusinessCourse Requirements for B.S. in Agribusiness

Courses

Examples of courses in this major:

AGB 1000 – Introduction to Agribusiness & Farm Management

This course is designed to introduce the student to the world of agriculture related business and the fundamentals of farm management. A series of speakers and field trips to a variety of agriculturally related business will provide real time introduction to the field.

AGB 2000 – Agricultural Economics

This course will serve as an overview of the economic theory related to the optimization of food and fiber production. This topic deals with farm more than just crop yield including the discussion of food policy, agriculture policy and environmental policy.

AGB 3000 – Financing the Farm Operation

This course provides an overview of the financial aspects of running a farming operation. Topics to be covered will include; land and equipment acquisition, leasing arrangements, hedging and working in commodity markets, and working with financial partners.

AGB 3200 – AG & Commodity Marketing

The commodity marketing course will take an in depth look at the marketing of soft commodities rather than manufactured products in primary economic markets.

AGB 3500 – Sustaining the Family Business

This course will cover topics related to the legal side of running a farm including; leasing, contracts, policy issues and succession planning. The course will also touch on working with family and the dynamic that extra dimension brings to the environment.

AGB 4700 – Agricultural Seminar

This is the capstone course for the program. Students will be tasked with producing a senior project tackling a major agricultural problem for the farm or organization with whom they interned.

AGB 2900 – Farm Internship I

This internship will start in Spring Session B at the beginning of planting phase and carry through the initial stages of the agricultural cycle. Special topics to be covered during the internship will be technology related to the preparation and planting of crops or specialized technology related to the particular operation emphasized by the internship site.

AGB 2910 – Farm Internship II

This internship will start and run during the 12-week summer session and carry through the maintenance phase of the agricultural cycle. Special topics to be covered during the internship will be technologies involved in the growth phase.

AGB 2920 – Farm Internship III

This internship will begin at the end of the growing phase and carry through the end of the harvesting phase of the agricultural cycle. Special topics to be covered during the internship will be related to the technology used to harvest the crops or specialized technology related to the particular operation emphasized by the internship site.

Faculty