Business

MSYMGain a strong background in the principles of marketing engineered systems with emphasis on mechanization, management, marketing, law, and finance in agriculture-related fields. Career opportunities range from operations manager for grain elevators to agricultural representatives for financial institutions.



Required Classes:


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Accounting for Buisness Decisions
This course is designed to introduce financial and managerial accounting concepts to students who are not business majors but who will use such information in future roles as investors, owners, managers, employees and /or taxpaying citizens. Because accounting is referred to as ‘the language of business’ a primary objective of this course is to enable you to understand how accounting meets the information needs of various users. The course lays a foundation for understanding and use of accounting concepts, skills and judgments in numerous endeavors, both career and personal.

Resource-efficient Crop Management
Integration of principles of crop and soil science, plant breeding, climatology and integrated pest management in the development and evaluation of crop management practices. Efficient use of solar radiation, water, nutrients, heat, carbon dioxide, and other resources in field crop management.

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Animal Management
Principles of managing animals in typical production systems. Basics of managing beef, dairy, horses, poultry, sheep, and swine through the life cycle for economic and efficient production.

Calculus for Managerial & Social Sciences
Rudiments of differential and integral calculus with applications to problems from business, economics, and social sciences.




Management Electives:
Select two courses [6-7 hours]

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Agribusiness Management
Business strategies for agribusiness firms under various market environments, asymmetric information problems that may lead to inefficient market outcomes. Game theory as a formal tool of studying conflict and cooperation in oligopolistic agri-food markets.

Farm & Ranch Management
Various economic principles and business management concepts which are involved in the decision-making process when organizing and operating a farming/ranching operation. Includes production economics, record keeping systems, financial budgets and analysis, crop and livestock enterprise analysis, leasing arrangements, depreciation, farm business organizations, farm investment analysis, pasture/rangeland management, and production efficiency indicators.

Management Essentials for Contemporary Organizations
This course is designed to introduce students from non-business fields to the role of managers in various organizational structures and types. Students will explore how the practice of management is relevant to their chosen field of study or academic discipline. This course will provide an analysis of organizations and the management processes of planning, organizing, directing and controlling. Individual, group, intergroup and organizational responses to various environments and technologies are studied as well as pertinent techniques of human capital management.

Personnel/Human Resource Management
Introductory course that approaches Human Resource Management from the perspective of the human resource professional and the individual manager or supervisor. Presents the integrated nature of human resource management and the operation of human resource policies and principles in the contemporary organizational environment. Materials will cover the challenges and opportunities faced by those who are charged with responsibility for acquisition, management, development, and retention of organizational human capital. Provides an overview of the typical human resource functions and requisite decision making in those areas.




MSYM Electives:
Select three courses [9 hours]

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Animal Housing Systems
Production facilities for livestock and poultry will be developed with emphasis on building and feedlot layout, ventilation, heating and cooling systems; energy utilization; and construction materials and methods.

Hydraulic Power Systems
Theory and application of fluids under controlled pressure to perform work in mobile and industrial applications. Operation of components and functional planning of circuits with emphasis on troubleshooting and analysis.

Site-specitic Crop Management
Principles and concepts of site-specific management. Evaluation of geographic information systems for crop production practices. Practical experience with hardware and software necessary for successful application of information affecting crop management.

Internship in Mechanized Systems Management
Practical experience, directed learning, and career exploration and development in a selected business, industry, agency, or educational institution.

Irrigation Systems Management
Irrigation management and the selection, evaluation, and improvement of irrigation systems. Includes soil-water measurement, crop water use, irrigation scheduling, irrigation efficiency, measurement of water flow, irrigation systems, groundwater and wells, pumping systems, applying chemicals with irrigation systems, and environmental and water resource considerations. Two laboratory sections are available; one which emphasizes agricultural applications and one which emphasizes horticultural applications.




Buisness Law Electives:
Select one course [3 hours]

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Legal Aspects in Agriculture
Legal aspects of agriculture: taxation, contracts, property rights, buying and selling real estate, condemnation, land use regulations, leases, co-ownership, partnerships, corporations, commercial transactions, credit, liability, insurance, estate planning, water law, and agricultural regulations. A practical exposure to the legal institutions of Nebraska.

Natural Resource & Environmental Law
Environmental impact review; air and water pollution control; solid and hazardous waste control; endangered species and habitat preservation; land use regulation; state and federal water rights law.

Business, Government, & Society 
This course examines the business organization in relationship to government, employee groups and the community. A major theme in the course is the social responsibility of business. Topics of study include ethics, environmental issues, employee rights, government regulation, global management and the U.S. political system as it affects business decision making.




Finance Electives:
Select one course [3 hours]

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Agricultural Finance
Principles and concepts of financial management of farm and agribusiness firms developed. Various strategies for acquiring and using capital resources by the individual firm explored. Institutions providing the sources of agricultural credit are individually studied.

Financial Decision Making
This course covers the basic principles of Financial Decision Making with an emphasis on time value of money, financial statement analysis, working capital management, capital budgeting and risk management.




Marketing Electives:
Select one course [3 hours]

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Agribuisness Entrepreneurship in Food Products Marketing
Marketing strategies and entrepreneurship ventures throughout a food systems channel from producers of agricultural commodities to processors of food products and the final consumer. Entrepreneurship studies dealing with food processors, wholesaling, retailing and food service firms. Create strategic marketing plan to introduce a new food product into a retail consumer market.

Marketing of Agricultural Commodities
Operation and use of agricultural commodity markets and institutions as applied to enterprise and firm risk management. Cash; futures and futures option markets; basis; hedging; price discovery; fundamental analysis; and risk management strategies.

Marketing 
Survey of marketing principles for non-business students. Overview of the fundamental terms and concepts in contemporary marketing, introduction to real world marketing strategies and focuses on marketing’s role in organizations and businesses.




After Graduation


After completing a B.S. in Mechanized Systems Management with an emphasis in Business, many graduates find work as operations managers for grain elevators, fertilizer distributors or construction enterprises. Other students will pursue careers as sales representatives for agricultural machinery manufacturers or commodity handling and processing facilities. While others go on to become agricultural representatives for financial institutions.