M.Sc Agricultural Economics is a 2-year program. Microeconomics and macroeconomics are combined in Agricultural Economics to solve problems faced by the industry. This branch of economics covers a vast arena of issues, including, but not limited to utilisation of farm resources, accounting, logistics and supply chain management and optimising farm output.
And also M.Sc. (Agri-Business Economics program equips the students for careers in the agribusiness sector as managers in agro-based Industries, agricultural economists in Research Institutes and consultants in the Banking and Financial sectors. The academic content of the program has 3 major modules: an economics module, a management module and an agribusiness module.
A Master’s of Agricultural Economics (M.Sc) develops analytical skills in the broad areas of agricultural, environmental and ecological economics, development, and resource allocation in production and marketing in agriculture. Candidates for Agricultural Economics are in high demand, obtaining academic jobs in top agricultural economics departments and public policy schools, as well as positions in government, major development organizations, and businesses.
M.Sc Agricultural Economics Highlights
Course Level |
Postgraduate |
Full form |
Master of Science in Agricultural Economics |
Duration |
2 years |
Examination type |
Semester system |
Eligibility |
Bachelor’s degree in Agriculture or its equivalent |
Admission process |
Qualifying CET followed by GD/PI |
Average Annual Salary |
INR 2,00,000 to 10,00,000 |
Eligibility Criteria for M.Sc Agricultural Economics
1. B.Sc. (Hons.) with minimum 50% marks in any branches of Biological Sciences/ Agriculture/allied subjects, OR
2. B.Sc. (General: 3 years degree course) with minimum 60% marks in any branches of Biological Sciences/ Agriculture/allied subjects, OR
3. B.E./B. Tech. in Biotechnology with minimum 60% marks
4. In the case where Grade points are not awarded only marks are awarded, the candidate must have secured at least 60% marks for the General/OBC/UPS category and 50% marks for SC/ST/DAC category.
Admission Process
1. Basic education of 10+2 from a recognised institution with any stream with 45-50% marks.
2. Some private colleges and deemed universities perform their counselling process by conducting their university-level entrance exams.
3. Some universities also conduct personal interviews before granting admission to the students.
Career after M.Sc Agricultural Economics
Recent technological advances in the food production and processing industry have galvanised the field. The demand for well-trained specialists, along with a spurt in the number of institutes offering agricultural economics courses, has served to create a number of jobs.
M.Sc. degree in Agricultural Economics, students can contribute to affecting global development, enabling us to ensure survival and progress. Candidates can also be employed in development, finance, production, natural resource management, and marketing in countries throughout the world. Apart from agriculture it also includes opportunities in its allied sectors horticulture, fisheries, and animal husbandry.
Veterinary management and medicine are also available as options with an agricultural economics degree. This demand for well-groomed professionals with in-depth knowledge of marketing, farm management and logistics of the agriculture industry is set to increase further, not only in India but also internationally as well.
Job Profiles |
Job Description |
Agricultural Consultant |
Assisting farmers with pest control & farming techniques, soil testing, analyzing problems of excessive crop production & coming up with practical solutions for these problems in a sustainable manner |
Teaching Assistant |
Their role entails interacting with children, especially specially-abled ones & evaluating their development & physical well being |
Research Investigator |
Performing surveillance for corporate/law/enforcement agency or individual clients |
Farm Manager |
Supervision of farms, making decisions regarding the number of crops to be laid in each season based on weather forecasts, preparing planting & harvesting cycle schedule & acting as an intermediary between buyers & sellers for the maximum profit margin |
Commodity Analyst |
Working on the medical studies designed to measure the effectiveness of a particular drug on a human body, working along with scientists or physicians overseeing clinical research & selecting people for drug/vaccine testing through various screening measures. |
M.Sc Agricultural Economics Syllabus
Microeconomic theory and application |
Research methods for social sciences |
Agricultural finance project management |
Seminar |
Macroeconomic theory and policy |
Agricultural Marketing & Price analysis |
Agricultural development & policies |
Master’s research |
Agriculture production economics |
International economics |
Agricultural price analysis |
Comprehensive |
Linear programming methods |
Elementary Econometrics |
Agricultural input marketing |
Project evaluation |