The professional Master of Agribusiness and Food Innovation Management (Plan C) is a program of study consisting of 35 credit hours of coursework, including 9 credit hours of practicum, that prepares students to start their own businesses in the agribusiness food system or to join the team of an existing startup in the agricultural value chain. Completion of the degree program implies mastery of what it means to be an entrepreneur, ability to describe the agriculture value chain and potential business opportunities, practical understanding of the role that economics plays in successful business startups, financial and marketing skills needed to put together a business plan, ability to evaluate the viability of a new product or service, ability to work together in a team to put together a business plan, communication skills to sell that plan to others (particularly potential investors), and working knowledge of intellectual property and how to protect it from unauthorized exploitation. The practicum provides experience in the development of a business plan for an actual business.
Effective Fall 2023
First Year | ||
---|---|---|
Fall | Credits | |
AREC 511 | Opportunities in the Agricultural Value Chain | 2 |
AREC 513 | Idea Evaluation in Agricultural Value Chains | 2 |
AREC 514 | Entrepreneurial Accounting and Finance | 2 |
AREC 515 | Assessing Agricultural and Food Markets | 2 |
AREC 516 | Business Economics for the Entrepreneur | 2 |
BUS 646 | Building Value Thru Creativity and Innovation | 2 |
Total Credits | 12 | |
Spring | ||
AREC 517 | Entrepreneurial Identity and Team Formation | 2 |
AREC 518 | Raising Capital in the Agricultural Sector | 2 |
AREC 519A | New Venture Communication: Interpersonal Interactions | 1 |
AREC 586A | New Venture Launch Practicum: Explore and Validate Value Proposition | 2 |
BUS 620 | Leadership and Teams | 2 |
BUS 660 | Ethical, Legal, and Regulatory Issues | 2 |
Total Credits | 11 | |
Summer | ||
AREC 520 | Intellectual Property in Food and Agriculture | 2 |
AREC 521 | New Food Product Development | 2 |
AREC 586B | New Venture Launch Practicum: Communicate, Design, and Iterate | 2 |
Total Credits | 6 | |
Second Year | ||
Fall | ||
AREC 519B | New Venture Communication: Making the Pitch | 1 |
AREC 586C | New Venture Launch Practicum: Final Evaluation, Presentation, and Launch | 5 |
Total Credits | 6 | |
Program Total Credits: | 35 |
A minimum of 35 credits are required to complete this program.