Students in this concentration discover how to apply accounting principles in financial, production, processing, or retailing sectors of the agriculture and food industry.

Student sitting at a desk working on a computer
Body

Learn

Master the principles of auditing, derivatives, corporate finance, and managerial and financial accounting and learn how to apply them in production, processing, or retailing sectors of the food and agriculture industry.

Do

Complete a summer internship with a Fortune 500 company like John Deere, Caterpillar, Archer Daniels Midland or a public accounting firm like Deloitte or Price Waterhouse Coopers or Crowe Horwath. Join the AgAccounting Club for networking and educational events.

Advance

Leverage the internship experience by securing a full-time position as a corporate accountant upon graduation. Or continue your education for a one-year certified Masters of Accountancy Science program to earn the additional 24+ hours required to become a certified public accountant (CPA) and meet the minimum 150 hour requirement.

Sample Curriculum

Agricultural Accounting
Agricultural and Consumer Economics (ACE) Major (10KL5003BS)

NOTE: This is merely a sample schedule. It is not the only schedule by which classes may be taken.

First Year

Fall Course & Hours   Spring Course & Hours  
ACE 100 4 ACE 161 3
ACES 101 2 RHET 105 or CMN 1011 3-4
RHET 105 or CMN 1011 3-4 MATH 124 or 2342 3-4
MATH 124 or 220 3-4 ECON 103 3
Natural Sciences 3-5 Natural Sciences 3-5

1 An acceptable substitute is CMN 111/112.
2 Other acceptable math sequences is (MATH 220 and MATH 231).

Second Year

Fall Course & Hours   Spring Course & Hours  
ACCY 201* 3 ACCY 202* 3
ACE 262* 3 ACE 264* 3
ACE 341 FAA 1 ACE 300* 3
ACE or ACES Elective1 3 Cultural Studies 3
Humanities 3 ACE 231* 3
Cultural Studies 3    

*Prerequisites required for students who started AgAccy in Summer 2020 or later:
ACCY 201: ACE 100 or ECON 102 or ECON 103; credit for or concurrent enrollment in remaining ACE 100, ECON 102, or ECON 103
ACCY 202: ACCY 201
ACE 262: MATH 124 
ACE 264: ACE 262 and MATH 124
ACE 300: ACE 100 or ECON 102
1 With electives, consider college and other requirements.

Third Year

Fall Course & Hours   Spring Course & Hours  
ACCY 301* 3 ACCY 303* 3
ACCY 302* 3 400-level International1 3
Advanced Composition 3 ACE 360* 2
FIN 221* 3 Humanities 3
ACE 346* 3 ACE 444* 3

*Prerequisites required for students who started AgAccy in Summer 2020 or later:
ACCY 301: ACCY 202, concurrent enrollment in ACCY 302
ACCY 302: ACCY 202, ECON 203, concurrently in ACCY 301
ACCY 303: ACCY 301 and FIN 221
FIN 221: ACE 100 or ECON 102 or ECON 103
ACE 360: ACE 161 or CS 105
ACE 444: ACE 240, ACE 345 or FIN 221; and ECON 302 or ACE 300; FIN 230 recommended
1 Choose from ACE 435, 436, 451, 452, or 455. May also be fulfilled by 3 hours of credit from studying abroad in an approved program.

Fourth Year

Fall Course & Hours   Spring Course & Hours  
ACE or ACES Electives 6+ ACCY 405* 3
ACCY 304* 3 Other Electives 6+
Cultural Studies1 3 Soc/Behavioral Sciences 3
Soc/Behavioral Sciences 3    

*Prerequisites required for students who started AgAccy in Summer 2020 or later:
ACCY 405: ACCY 304
ACCY 304: ACCY 301, 302
1 Students entering UIUC as of Summer 2018 or later have 3 cultural studies general education requirements. Students entering prior to Summer 2018 have 2 cultural studies general education requirements.

Senior Academic Advisor
Caroline Helton

304A Mumford Hall
217-300-4825
chelton@illinois.edu

Concentrations covered: Agricultural Accounting; Finance in Agribusiness; and Financial Planning

Caroline Helton