Agricultural and Consumer Economics

Study mode:On campus Study type:Full-time Languages: English
Local:$ 14.6 k / Year(s) Foreign:$ 31.1 k / Year(s) Deadline: Nov 1, 2025
48 place StudyQA ranking:7076 Duration:4 years

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The Department of Agricultural and Consumer Economics (ACE) has roots that reach back over 75 years at the University of Illinois at Urbana-Champaign, a world-wide reputation for its academic excellence, and a forward-looking vision for excellence in teaching, research, and outreach related to important economic and social challenges. Sample highlights include:

  • Publications in high impact journals such as Science, PNAS, the American Journal of Agricultural Economics, the Journal of Environmental Economics and Management, Food Policy and World Development
  • Steady funding through competitive research grants from sources like the NSF, USDA, DOD, and EPA
  • Editor of the AJAE and Associate Editors of other top journals
  • Fellows of the Agricultural and Applied Economics Association
  • Elected leadership positions in professional organizations (Agricultural and Applied Economics Association, Association of Environmental and Resource Economists)

Our thriving undergraduate program has over 700 students. We offer concentrations in subjects like agribusiness, accounting, finance in agribusiness, consumer economics and finance, environmental economics, farm management, financial planning, policy and law, and international trade and development. Our hallmarks are experiential learning outside the classroom; research opportunities in classes and through independent studies; and excellent placements both in employment and in graduate and law schools.

Synergies between the undergraduate and graduate programs give graduate students opportunities for professional development in instruction and undergrad students opportunities to learn about career options from graduate student role models.

Prescribed Courses including Campus General Education

Course List
Code Title Hours
Composition I and Speech 1  
RHET 105
& CMN 101
Writing and Research
and Public Speaking (or equivalent (see College Composition I requirement)
7
Advanced Composition 2  
Select one of the following: 3

BTW 250

Principles Bus Comm  

BTW 261

Principles Tech Comm  

BTW 263

Writing in the Disciplines  

RHET 233

Adv Rhetoric & Composition  

CMN 220

Communicating Public Policy  
Foreign Language  
Coursework at or above the third level is required for graduation.  
Quantitative Reasoning I  
Select one of: 7-8

MATH 124

Finite Mathematics  

MATH 125

Elementary Linear Algebra  

MATH 231

Calculus II  
Select one of:  

MATH 220

Calculus  

MATH 221

Calculus I  

MATH 234

Calculus for Business I  
Quantitative Reasoning II 3  
Select one of: 4-6

ACE 261

Applied Statistical Methods  

ECON 202
& ECON 203

Economic Statistics I
and Economic Statistics II
 
Humanities and the Arts  
Selected from campus approved list. 6
Natural Sciences and Technology  
Selected from campus approved list. 6
Social and Behavioral Sciences  
Selected from campus approved list. 6
Cultural Studies  
Select one course from Western culture and one from non-Western/U.S. minority culture from campus approved list. 6
ACES Prescribed  
ACES 101 Contemporary Issues in ACES (for freshmen only) 2
Department Requirements  
Minimum Hours in the College of ACES of which 20, excluding ACE 161 and ACE 261, must be in the Department of ACE 35
Minimum of two 400-level courses in ACE 6
ACE 100 Agr Cons and Resource Econ 1 4
ACCY 201 Accounting and Accountancy I 3
ECON 103 Macroeconomic Principles 3
ECON 302 Inter Microeconomic Theory 2 3
ACE 161 Microcomputer Applications 3
or CS 105 Intro Computing: Non-Tech
At least 12 hours of credit for study abroad or one international course selected from: 12

ACE 435

Global Agribusiness Management  

ACE 436

Intl Business Immersion  

ACE 451

Agriculture in Intl Dev  

ACE 452

The Latin American Economies  

ACE 454

Econ Dev of Tropical Africa  

ACE 455

Intl Trade in Food and Agr  
Required Concentration 15-27
Concentration prescribed courses. See specific requirements for each concentration listed below.  
Total Hours 126

Approved Concentrations:

  • Agri-Accounting
  • Agribusiness Markets and Management
  • Finance in Agribusiness
  • Consumer Economics and Finance
  • Environmental Economics and Policy
  • Farm Management
  • Financial Planning
  • Policy, International Trade and Development
  • Public Policy and Law
1

Requirement must be satisfied by end of first year.

2

Students are encouraged to complete this requirement prior to the seventh semester.

3

Students pursuing Agricultural Accounting or Finance in Agribusiness must select ECON 202 andECON 203.

Requirements

  • Application fee $75
  • High school courses and grades
  • Write an essay, and list your extracurricular activities, honors, and awards
  • To be considered for admission, you must complete a program of study that qualifies you for admission to selective universities in your own country.
  • If you’re from a country that requires military service upon completion of secondary education, you shouldn't apply until this obligation has been met. We won't delay admission in this case.
  • Standardized test scores are required for admission review. We accept the ACT or SAT I. You don't have to take the essay portion of the SAT. You also don't have to take the writing portion of the ACT unless you're applying to a teaching licensure program. Official test scores must be sent directly from the testing agency in time to meet our deadlines; we don't accept copies of score reports.
  • You need to demonstrate a command of the English language. If your first language isn’t English or you’re attending high school in a non-English-speaking country, we recommend you submit a TOEFL (code 1836) or IELTS score from a test you’ve taken within the past 2 years.

Scholarships

  • Merit-Based Scholarships
  • Need-Based Scholarships
  • Global Education
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