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CAREER - My SA Career Guide

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keting and fi nance, agricultural policy<br />

and consumption affairs; agricultural<br />

sales and marketing; brokerage; market<br />

research; international trade and market<br />

development; fi nance; public relations;<br />

food manufacturing; processing;<br />

distribution and purchasing; and farm<br />

input industry. Students wishing to be<br />

considered for admission to the fi rst<br />

year have to satisfy the following entry<br />

requirements.<br />

TABLE 1 - Entry requirements for BSc/<br />

BCom Agricultural Economics<br />

BSc Agricultural Economics (4<br />

years)<br />

University of Stellenbosch<br />

1st language 4 (50-59%)<br />

Afrikaans or English<br />

Mathematics 4 (50-59%)<br />

Physical Science 4 or (50-59%)<br />

Physical Science 3 & (40-49%)<br />

Life Sciences 4 (50-59%)<br />

University of Kwa-Zulu Natal<br />

Minimum score 28<br />

Mathematics HG E/ SG B<br />

And at least one of Physical Science,<br />

Biology and Agricultural Studies<br />

BCom Agricultural Economics (3<br />

years)<br />

University of Free State<br />

Minimum score 28<br />

Mathematics HG-E /SG-C<br />

Grade 12 Physical science and Biology<br />

are recommended<br />

University of Pretoria<br />

Minimum Score 30<br />

Two Languages 4 (50-59%)<br />

Mathematics 4 (50-59%)<br />

Physical Science 4 (50-59%)<br />

Life Orientation 4 (50-59%)<br />

Two other subjects<br />

Curriculum<br />

Areas of study at the university level<br />

include economics, agricultural eco-<br />

careers by industry<br />

nomics, agricultural development planning,<br />

agricultural marketing, agricultural<br />

policy, accounting, labour law, and<br />

business law and business management.<br />

Role of agricultural economists<br />

Agribusiness management<br />

• Developing, designing and managing<br />

supply chains and value systems<br />

for specifi c products, industries<br />

and sub-sectors;<br />

• Examining resource demand by<br />

business and their supply response;<br />

and<br />

• Farm planning and control, farm information<br />

systems, data analysis<br />

and budgeting, organisation of capital,<br />

farm machinery management,<br />

land economics, labour economics<br />

and management, fi nancial leverage,<br />

farm enterprises growth and<br />

liquidity and risk management.<br />

Marketing<br />

• Production, processing and distribution<br />

of goods, thereby focusing on<br />

the fl ow of food and fi bre to its fi nal<br />

destination and the determination of<br />

prices at each stage;<br />

• Commodity futures trading: trading<br />

commodities such as maize, wheat,<br />

citrus, etc., between farmers and the<br />

market;<br />

• Market research, brand management,<br />

economic analysis (trend<br />

management), and surveys, import<br />

and export management therefore<br />

examining foreign trade relation<br />

ships for food and fi bre products;<br />

• Agricultural statistics such as trend<br />

analysis in production, agricultural<br />

exports, prices; variations analysis,<br />

indices (CPI, PPI, Chain Index,<br />

etc.);<br />

• Financial services (banks, fi nancial<br />

institutions and agribusiness industries);<br />

•<br />

Financial needs analysis, risk and<br />

valuation analysis, feasibility studies,<br />

cash fl ow planning and profi t<br />

<strong>Career</strong>s in Agriculture (continued)<br />

25

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