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Introduction

The Rural Entrepreneurship option provides those students with interest in owning, managing, or lending to rural, innovative business enterprises the tools for understanding the issues unique to the start-up of rural, innovative businesses. Simply put, entrepreneurship involves identifying a business opportunity, gathering and organizing the resources needed to utilize that opportunity, and finally taking responsibility for the success of the newly created business.

The Rural Entrepreneurship option plan of study integrates the technical skills required of involvement in the rural business industry with application-based experience provided by the program's capstone courses. More specifically, students who pursue the rural entrepreneurship option will develop a strong background in the following fields; economics, accounting, management, finance, and policy. With the aid of faculty and staff advisors, students in the Rural Entrepreneurship option design their plan of study reflecting their particular future goals. During the final year of this option, each student will incorporate the interdisciplinary background gained in the previous years of study into the development of a rural business plan for a business of his/her choice. In choosing their business, students will explore potential entrepreneurial enterprises, which may include family farms, rural medical practices, and even sporting goods companies. Students conclude their experience of developing a rural business plan through direct interaction with industry professionals who assess and make suggestions as to the successful implementation of the plan.

Graduates of this option will likely establish careers as entrepreneurs involved in the developed of main street businesses including bed and breakfasts, general services companies, florists and a range of other rural, start-up enterprises. Students in the Rural Entrepreneurship option are encouraged to gain direct knowledge through various opportunities available to them. Some of these opportunities include undergraduate research or directed studies, as well as internships offered by entrepreneurs and investment bankers. Involvement in related extracurricular activities is also strongly encouraged. Students in the Rural Entrepreneurship option maybe interested in joining the Agricultural Economics and Agribusiness Association student chapter, and the Business Idea Challenge offered by the Mays Business School.

Course Listing

This option is designed to provide a well-founded basis in principles, concepts, and methods for students interested in owning and/or managing or otherwise being engaged in working with a rural business. The twenty-seven hours of option-specific course work are intended to provide a balance among specified courses in the Department which offer in-depth, targeted instruction, directed opportunities to select among additional courses in the Department to realize a more diversified scope of expertise according to students' individual interests, and directed opportunities outside the Department. This should allow individual students to chart their own programs within terms of reference provided by the Department's undergraduate advisors. The requirement of a majority of the directed electives outside the Department being of an upper-level nature is intended to encourage advanced preparation and skill development.

Catalog 130 (2007-2008) full 4-year degree plans
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Catalog 129 (2006-2007) full 4-year degree plans
   Single Page Condensed Version

Catalog 128 (2005-2006) full 4-year degree plans
   Single Page Condensed Version

Catalog 127 (2004-2005) full 4-year degree plans
   Single Page Condensed Version

Degree Plan Worksheet

Click on the course number to view each courses syllabus

Rural Entrepreneurship Option
AreaCourseCredit
Required in the Department of Agricultural Economics (9 hrs) AGEC 344 (Food and Agricultural Law)** 3
AGEC 424 (Rural Entrepreneurship I)* 3
AGEC 425 (Rural Entrepreneurship II)** 3
Directed Electives Required in the Department of Agricultural Economics, Option-Specific Choices (9 hrs) Select three of AGEC 315, 413, 422, 432**, 448, and [452 or 453*] 9
Directed Electives Required Outside the Department of Agricultural Economics (9 hrs) Directed Non-AGEC Electives*** 9
Sub-Total 27

* New Course
** Title Change and/or Course content/description change
*** A minimum of 6 of these hours must be at the 300 or 400 level, of which at least 3 hours must be at the 400 level. These courses should be selected with the objective of supporting a focused career interest consistent with the respective option. Students are required to obtain advisor authorization to register for Non-AGEC Electives.

Career/Professional Links

Faculty Pages:
-Dr. Rister

Career/Informational Pages:
Farm Credit Administration - www.fca.gov/FCA-Homepage.htm
Farm Service Agency - www.fsa.usda.gov/pas/
Institute for Rural Entrepreneurship - http://www.ncruralcenter.org/entrepreneurship/index.asp
Rural Policy Research Institute - http://www.rupri.org/centers/ruralship.asp
Small Business Administration - www.sba.gov
Texas Center for Rural Entrepreneurship - http://ruralbusiness.tamu.edu/ecenter/

If you need clarification on this topic, send email to the Department of Agricultural Economics Undergraduate Office.


 

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Last Revised 2/06/06
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