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Farm Management

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What is Farm Management?

In Farm Management, a concentration under Agricultural and Consumer Economics, you’ll study the principles of economics, finance, and risk management. All these topics are central to caring for a farm. You’ll develop skills to manage land, labor, and capital resources for a competitive return. You will also learn how to appraise farmland and other assets. Farm Management will give you the skills to manage a farm as an owner, tenant, employee, and more. You can apply into this concentration.

Career Options

  • Farm management
  • Real estate appraisal

Post-Graduation Success1

92% employed or continuing education

78% employed after graduation

14% attending graduate school

$51,576 average starting annual income

Sample employer destinations: Archer Daniels Midland (ADM), Cargill, Allstate Insurance Company View All

Sample grad school destinations: University of Illinois at Urbana-Champaign, New York University, Cornell University View All

Program Resources

College of Agricultural, Consumer & Environmental Sciences Program Webpage Degree Requirements Transfer Guide

Graduation & Retention2

3.9 years to degree

95% freshman retention rate

74% four-year graduation rate

83% six-year graduation rate

Annual Program Costs

Illinois Resident

  • Tuition: $13,884
  • Fees: $4,475
  • Expenses3: $15,952
  • Total: $34,311

Non-Resident

  • Tuition: $31,334
  • Fees: $4,475
  • Expenses3: $16,292
  • Total: $52,101

International

  • Tuition: $32,224
  • Fees: $4,475
  • Expenses3: $16,292
  • Total: $52,991

Related Majors

1 Post-Graduation data come from the major that houses this particular concentration. Post-graduate data was collected through the Illini Success initiative, which primarily relies on self-reported survey data sources. Statistics are aggregated from the past three academic years, including the 2014-2015, 2015-2016, 2016-2017, and 2017-2018 graduating classes. Please note that total compensation may be greater than annual salary as other forms of compensation (e.g., signing bonus, commission, benefits) are not included. For more information on Illini Success data and methods, please visit the Illini Success website.

2 Data may not yet be available for newly created programs. Years-to-degree data is only available for programs from which you can earn a degree. Retention and graduation rates are only available for programs that you can apply directly into. Retention rates reflect retention to the university, not necessarily retention within the major.

3 Expenses are estimated and include books, supplies, housing, and other living expenses. The exact amount you’ll pay depends on where you decide to live, the meal plan you choose, and your overall lifestyle. Learn more about costs.

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