There are two study modes for the Master of Agribusiness:
- Online study mode
Includes week-long intensives at Parkville campus in February of each year
- On-campus mode, Parkville campus
Full-time, over three extended semesters per year, including one intensive residential block in February of years 1 and 2
- Subjects fall outside standard enrolment and start dates
- On-campus international students have visa requirements around study load
- Agribusiness specialisation in the Master of Agricultural Sciences is the preferred study program for overseas students wishing to study on campus full-time.
Please Note: This course is not available to international students.
Master of Agribusiness - sample part-time program
|Year 1 - Core|
Agribusiness firms rely on organisational leadership as the basis for meeting the changing challenges of a dynamic workplace. Agribusiness managers will require an understanding of the trends, issues and constraints relevant to the agribusiness environment. This subject focuses on the leadership role of managers in organisations involved in agribusiness. This includes the traditional role of management, and various leadership and decision-making models. In light of these models, the subject studies issues such as: organisational culture and values social responsibilities and managerial ethics managing change creativity and innovation entrepreneurial behaviour Additional material is exam...
Detailed Information NRMT90017
|Financial Management for AgribusinessCore||12.5|
Financial Management for Agribusiness
Sound business decision-making in circumstances of incomplete information, risk and uncertainty, requires sound knowledge of the underlying financial situation of a firm. This subject is about understanding the key concepts of financial management enabling the manager to more effectively analyse situations, evaluate alternative actions, implement actions and exercise control. Interpreting financial information, budgeting, investment and finance decisions, and valuation under conditions of incomplete knowledge, risk and uncertainty are central emphases of the subject.
Detailed Information AGRI90013
This subject teaches the concepts and skills required to manage the marketing function within any organisation. Students learn to analyze markets, select targets and develop product, price, promotion and distribution strategies for businesses. The subject will include contemporary and comprehensive case studies from both North America and Australia.
Detailed Information AGRI90014
|Agribusiness Management EconomicsCore||12.5|
Agribusiness Management Economics
An understanding of the applications of managerial economic theory to solving real world problems is integral to sound business decision-making. Through this subject students will gain an understanding of and ability to apply, key management economic concepts and principles. They will also experience the application of management economics to Australian agribusiness problems through case studies. Students will become familiar with concepts of market equilibrium, demand, supply, theory of the firm, market structure, trade and the impact of government regulation.
Detailed Information AGRI90012
|Year 2 - February - Core|
Students will be exposed to the theory and practice of strategy and will examine the environment within which senior management execute strategic decisions. The subject explores strategy as a mechanism for identifying and realising opportunities for growth. It emphasises the need to bring about the best fit between the firm’s internal capabilities and the business environment in which it operates.
Detailed Information NRMT90019
|Year 3 - February - Core|
Farmers, merchants, and end-users in deregulated food/fibre supply chains are increasingly exposed to risk, particularly delivery risk and price variability-volatility. Consequently, risk management needs to be an integral part of good business practice. However, there can be risk inter-change and trade-offs in risk management, which makes managing risk difficult to achieve. But without risk, there are no opportunities for business profit. Risk needs to be balanced between the risk of losses and the rewards through profit. In some agricultural industries, a sound understanding of the theory and practice of future market operations, and associated price risk management instruments, is fund...
Detailed Information AGRI90016
|Students must take 75 points of electives from the list below. Other elective subjects may be taken as approved by the course coordinator.|
|Managing Innovation and ChangeElective||12.5|
Managing Innovation and Change
Students will review theories and case studies of innovation and change in land and environment in order to analyse and consider the design, delivery and evaluation of innovation systems. The subject will provide students with an understanding of how and why innovation is generated, as well as the roles of different agents in innovation systems. Students will develop the skills to enable them to manage innovation and changed for improved economic, social and environmental outcomes.
Detailed Information ENST90023
|Agricultural and Resource EconomicsElective||12.5|
Agricultural and Resource Economics
This subject covers the economic analysis of agricultural and natural resource use, and social benefit cost analysis of using and conserving natural resources.
Detailed Information AGRI90074
|Value Chain AnalysisElective||12.5|
Value Chain Analysis
Food, beverage and fibre value chains may be analysed in terms of firm and whole-of-chain performance. The subject reconciles supply and value chain concepts and introduces a range of techniques applicable to value chain mapping and analysis as well as measurement of performance and related drivers. The subject improves capacity to make strategic decisions and assess options surrounding areas, such as, logistics, inventory management, location, distribution networks, channel relationships and governance. The importance of sustainability in a value chain is emphasised with the need to account for chain externalities as well as chain goods.
Detailed Information AGRI90077
This subject involves completion of a minimum 80 hours work placement integrating academic learning, employability skills and attributes and an improved knowledge of organisations, workplace culture and career pathways. The placement is supplemented by pre- and post-placement classes designed to introduce skills for developing, identifying and articulating employability skills and attributes and linking them to employer requirements. The placement should draw on specific discipline skills associated with the course of enrolment. Pre-placement seminars will also include consideration of career planning and professional skills. The placement is designed to be a standalone internship not int...
Detailed Information AGRI90076
The subject will provide an overview of the management issues associated with initiating, implementing and terminating projects. Particular emphasis will be given to the planning dimension in areas such as; project or problem selection; defining project scope; identification of project stakeholders; project scheduling; and resource allocation. A range of suitable action research methods will be introduced to complement project management approaches. Project Management approaches can be applied to work related issues or problems or a range of research related projects.
Detailed Information NRMT90021
|Human Resource ManagementElective||12.5|
Human Resource Management
Managers in agribusiness in both small -medium enterprises and larger organisations require an understanding of the strategic and operational role of human resource management (HRM). It has long been recognised that the effective deployment and development of human resources constitutes one of the key areas of competitive advantage for modern organisations. The subject introduces and evaluates models and approaches for the performance of key HRM functions. These include human resources planning; job analysis and design; recruitment and selection; managing diversity and work-life balance; performance management; training and skills development and occupational health and safety managemen...
Detailed Information NRMT90018
Global food production is facing many challenges to meet current and future demand. Impacts of climate change on agriculture will add stress to our ability to produce enough food for a growing population with fewer resources. Adapting agriculture to climate change to meet these needs is a critical challenge for current and future generations. This subject will examine the potential impacts of climate change on agricultural production and explore adaptation options within various sectors of agriculture and food production. This exploration of adaptation options will include consideration of barriers that may hinder effective adaptation..
Detailed Information AGRI90057
|Minor Research ProjectElective||12.5|
Minor Research Project
This subject enables students to conduct an original research topic under supervision, as approved by an academic project supervisor. The work commitment over the two semesters will be equivalent to lecture and practical based subjects worth 25 points. The content and extent of the project will be determined by a project supervisor in consultation with the student and subject coordinator. Students are strongly encouraged to initiate project ideas within existing networks or to identify a project topic of keen interest, through discussion with the Faculty staff, prior to subject commencement. The project represents a capstone subject and comprises a review of a body of relevant literature,...
Detailed Information AGRI90064
|Minor Research ProjectElective||25|
Minor Research Project
This subject enables students to conduct an original research topic under supervision, as approved by an academic project supervisor. The work commitment over one semester will be equivalent to lecture and practical based subjects worth 25 points. The content and extent of the project will be determined by a project supervisor in consultation with the student and subject coordinator. Students are strongly encouraged to initiate project ideas within existing networks or to identify a project topic of keen interest, through discussion with Faculty staff, prior to subject commencement. The project represents a capstone subject and comprises a review of a body of relevant literature, together...
Detailed Information AGRI90070