2006-2007 University of Guelph Undergraduate Calendar

X. Degree Programs

Bachelor of Commerce (B.Comm.)

Agricultural Business (AGBU)

Department of Agricultural Economics and Business, Ontario Agricultural College

The Agricultural Business major is concerned with the management problems of business firms and prepares students for a range of management careers in agribusiness.

Graduates of the Agricultural Business program meet the educational requirements for membership in the Ontario Institute of Agrologists. The Ontario Institute of Agrologists is the professional organization in agriculture in the Province of Ontario. Professional institutes in the various provinces in Canada and the scientific societies in agriculture collectively comprise the Agricultural Institute of Canada. The program has been fully accredited by the Agricultural Institute of Canada.

Included in the core requirements, the Agricultural Business program provides students with the option of selecting from the Restricted Electives list courses that will compliment their studies. The first option (List A) is designed for students more interested in the business relationships of farming and involves marketing and advanced farm management. The second option (List B) emphasizes the production aspects of farming and involves biology and either animal or plant systems.

The major is administered by the Department of Agricultural Economics and Business in the Ontario Agricultural College and students are urged to consult the departmental advisor. For this major, 15.00 of the 20.00 credits (including 1.50 credits from List A or List B) are specified as core requirements and the remaining 5.00 credits are specified as electives.

Liberal Education Requirement

As part of the graduation requirement all students within the B.Comm. Program are required to complete 1.50 credits from at least two different subject prefixes as listed under the B.Comm. Program Information section of the undergraduate calendar.


Semester 1
AGR*1100 [0.50] Introduction to the Agrifood Systems
ECON*1050 [0.50] Introductory Microeconomics
MATH*1000 [0.50] Introductory Calculus
1.00 electives
Note: Students who are exceptionally strong in mathematics may substitute either MATH*1080 or MATH*1200 for MATH*1000.
Semester 2
AGR*1250 [0.50] Agrifood System Trends & Issues
CIS*1200 [0.50] Introduction to Computing
ECON*1100 [0.50] Introductory Macroeconomics
PSYC*1200 [0.50] Dynamics of Behaviour
0.50 electives
Semester 3
AGEC*2220 [0.50] Financial Accounting
AGR*2400 [0.50] Economics of the Canadian Food System
ECON*2310 [0.50] Intermediate Microeconomics
ECON*2740 [0.50] Economic Statistics
0.50 from List A or List B
Semester 4
AGEC*2230 [0.50] Management Accounting
AGEC*2410 [0.50] Agrifood Markets and Policy
ECON*2410 [0.50] Intermediate Macroeconomics
ECON*2770 [0.50] Introductory Mathematical Economics
One of:
0.50 from List A and 0.50 electives for students selecting List A
1.00 electives for students selecting List B
Semester 5
AGEC*3320 [0.50] Financial Management
MCS*3040 [0.50] Business and Consumer Law
ECON*3740 [0.50] Introduction to Econometrics
0.50 from List A or List B
0.50 electives
Semester 6
AGEC*3310 [0.50] Operations Management
ECON*3560 [0.50] Theory of Finance
HTM*4390 [0.50] Individuals and Groups in Organizations
Students choosing List A take 1.00 electives
Students choosing List B take 0.50 from List B and 0.50 electives
Semester 7
AGEC*3030 [0.50] The Firm and Markets
AGEC*4250 [0.50] Business Policy
AGEC*4370 [0.50] Marketing Management
1.00 electives
Semester 8
AGEC*4000 [0.50] Agricultural and Food Policy
AGEC*4240 [0.50] Futures and Options Markets
AGR*4500 [0.50] Agrifood Industry Problem-Solving
One of:
0.50 from List A and 0.50 electives for students selecting List A
1.00 electives for students selecting List B
Restricted Electives

After completion of the first year of the Agricultural Business program, students have the option of selecting three courses from List A or three courses from List B. In order to satisfy the core requirements, students must complete three courses from one of the lists. Students are encouraged to take these courses in the semester indicated in the schedule of studies.

List A
Semester 3
MCS*1000 [0.50] Introductory Marketing
Semester 4
MCS*2600 [0.50] Fundamentals of Consumer Behaviour
Semester 8
AGEC*4220 [0.50] Advanced Farm Management
List B*
BIOL*1020 in Semester 3
(2 of ANSC*2340, ANSC*2350, ANSC*2360, ANSC*3150, AGR*2470, and CROP*2110)
* students with OAC Biology may elect to take BIOL*1030 in Semester 3