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Course: Farm and Ranch Management
As a farm and ranch management major, you’ll have the inside track. Your studies will cover everything from accounting and loan management to the many government regulations and programs relating to agriculture.
Farm and ranch management majors learn how to manage farms, ranches, and other agricultural businesses by taking courses in economics, business administration, and agriculture.
Are You Ready To...?
- Intern with a local business, such as a bank that makes loans to farmers or a ranch
- Apply marketing theories to real-world situations
- Meet a proficiency requirement for using computers, nowadays an essential skill for running your own business
- Learn how to use accounting tools such as balance sheets, income statements, and cash-flow statements
It Helps To Be...
Flexible and interested in different kinds of work. As a farm or ranch manager, you may do everything from pruning fruit trees to shopping for insurance policies.
College Checklist
- Is farm and ranch management a major on its own, or is it offered as a specialization within another major, such as agricultural business?
- Does the program emphasize certain specialties, such as accounting or general rural entrepreneurship?
- Does the program explore risk management, an important aspect of managing a farm?
- Do classes focus on local agricultural industries?
Did You Know?
Managing a farm or ranch has a lot to do with managing risk, which can come in the shape of anything from weather to new government policies. Farmers and ranchers have to hedge their bets.
Course Spotlight
In an introduction to farm and ranch management, you’ll learn what it takes to turn a profit. You’ll learn the concepts behind sound business decisions as well basic tools you’ll use again and again. For example, you’ll learn how to keep the books of your business and prepare the accounting statements you’ll need to apply for loans. You’ll also learn about budgeting, taxes, and the unique business issues associated with land and machinery. You’ll practice using what you learn to solve management problems.