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1997 - 2018
© xStudy SE
with Authorization of the city of Bonn
© Uni Bonn
© Uni Bonn

Course Languages: English
Program Duration: 2 years, 4 Semesters, Start: Fall Semester (October)
Application Deadline: April 30

Description of Content 

With an internationally focused postgraduate study program students will gain the necessary knowledge and skills for awareness, analysis and development of market activities along the value chain from production on farms, via processing and trading, up to the consumption of food. They will be prepared for executive positions in business, organizations and political institutions within the global food sector and for research at highest level. Due to the complexity of the food supply chain and the variation of professional needs, the study program offers options for several major and minor specifications:

The major specification “Agribusiness” covers the whole range of management issues within the agricultural and food sector. Students will gain in-depth problem solving knowledge in a multitude of fields including financial accounting and business analysis, production planning and investment appraisal, financial and risk management as well as quality management and marketing.

Agricultural and Development Policy” as a major specification provides the basis for the sound understanding of economic behavior in the agri-food sector and rural economies of developed and developing countries, and of the interaction within a globalized food system. Students will gain in-depth knowledge about the functioning and impact of agri-food and development policies and how changes herein affect the various actors along the food chain.

Courses in the major specification “Market and Consumer Research” apply the principles of economics and management to provide students with the skills for analyzing food markets and consumer behavior. Students gain insights with respect to food policy and trade issues, the management of risk in and the structure of food markets. In addition, students acquire comprehensive knowledge regarding theories and models of consumer behavior as well as qualitative and quantitative market research tools and techniques.

The courses in the specification “Resource and Environmental Economics” inter alia address questions of renewable and non-renewable resource use, valuation of environmental changes, direct and indirect influences of food demand on the environment, and national and international environmental policies in theory and practice.

A two year MSc program with thesis, organized for students with BSc in Agriculture, Agricultural Economics, Food or Household Economics, Economics, Agribusiness or Business Management or related programs. The study program is mostly instructed in English and organized in modules, which usually consist of units within a semester that have a thematic, methodical or systematic link.

Holders of AFECO degree demonstrate the capability to work in an internationally as well as in a nationally oriented environment and they find employment opportunities in companies of the service industry like insurances and consulting firms or other business companies, associations, non-profit organizations, public authorities related to the agricultural and food sector, environmental protection or development cooperation. That requires specific competences by each student depending on own affinities and capacities. The student is supported in his activities of individual profiling by a system of specifications, reflecting the whole range of related topics.

The first and second Term is partly dedicated to the compulsory modules: Methods of Empirical Research, Microeconomics, Global Food and Markets, Decision Theory and Risk Management. From the first Term on the student has the possibility to choose Electives to focus on a Major Specification introduced above. In addition, a minor specification out of the same fields may be obtained as well as a minor specification in Agro-economic Modelling, Development Economics or DQS Manager Junior. Active learning by participating in research projects is part of our curriculum. Our students benefit as well from our international orientation: the Double Degree Program („one study program – two degrees“) with the University of Wageningen/NL or the integration of AFECO-Master into the Erasmus Mundus Master programme „European Master in Agricultural, Food and Environmental Policy Analysis“ offered by 5 well-known European universities as well as the Theodor Brinkmann Graduate School provide excellent opportunities at the highest international standard.

Course descriptions

Tuition Fee
About 260 € per semester (Sozialbeitrag), including a transportation ticket for Northrhine-Westphalia.

Cost of Living
The average monthly costs of living, including accommodation, food, books, and medical insurance amount to about EUR 700.

Special Services
The University of Bonn provides general services for international students. 

Job Opportunities
Admission Requirements 

Language Requirements: TOEFL 575, Computer TOEFL 233, IELTS 6.5, TOFEL iBT 90, Cambridge ESOL C1
Academic/Other Requirements: The Master Program is open to all students who have earned a first professional university degree (BSc, Diplom, etc.) in Agricultural Sciences, Agribusiness Management, Agricultural Economics, Food and Household Science, Economics, Business Management or similar studies.
In minimum 42 ects in Economics oriented modules have to be proved. The GPA should be at least "good"(B+).

Set of Competences to be Acquired
The program prepares students for executive positions in the food sector with its global food industry, its policy and market institutions, and consumer organizations. 


Dr. Manuela Meraner
Institute for Food and Resource Economics (ILR)
University of Bonn, Nussallee 21
D-53115 Bonn, Germany
Tel. +49 (0)228 73-3036
Ursula Rickert, Dipl. Ing. (FH)
Institute for Food and Resource Economics (ILR)
University of Bonn, Meckenheimer Allee 174
D-53115 Bonn, Germany
Tel. +49 (0)228 73-3121


Master AFECO Flyer (PDF) >

For further information see the program's website.
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