Postgraduate Degree program of Master of Agricultural Economics & Development (MAED)

 

Department of Agricultural Economics and Extension, University of Ruhuna

 

In Collaboration with Hector Kobbekaduwa Agrarian Research and Training Institute (HARTI)

 

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Name of the Degree Programme: Master of Agricultural Economics & Development (MAED)

 

 

Objectives

 

The main objective of this degree program is to cater the demand for postgraduate studies of the fields of agricultural business management, entrepreneurship development and agro-based industries especially in Southern Sri Lanka as well as in the country considering emerging fields in the present. Secondly, the available expertise human resources in different departments in the University of Ruhuna and other government and non-governmental institutions can be utilized to train the man power needed to development process of Sri Lanka. Thirdly, it is believed that through research component of the degree program, the university can enhance its research activities to eradicate poverty especially in the agricultural sector and to solve the problems in Southern Sri Lanka. Specific objectives of the proposed degree programme are:

 

 

Eligibility Requirement

 

(Minimum admission requirement is a bachelor degree with 30 credits in relevant subject area or equivalent prior learning experience in relevant subject area. (According to the guidelines in the final draft of the Sri Lanka Qualification Framework, Ministry of Higher Education, Page 23). Hence, following graduates are eligible to apply for the MAED programme.

 

1.      Graduates with first class or second class honors in the special degree programs in Agriculture, Commerce, Management, Business Administration, Food Science and Technology, Economics, Sociology, Geography or related fields from a recognized university.

2.      Graduates in the above fields with a minimum of one year experience in a recognized institution in the field of Business Management, Entrepreneurship, Ago-based industries or Extension/Development activities.

3.      Graduates in the fields of Biological Sciences, Economics, Management, Business, Agriculture, Food Science with Post Graduate Diploma in the fields of Management, Entrepreneurship, Agro-processing or related fields.

4.      Graduates in any discipline from a recognized university with a minimum of three years post qualifying work experience in the managerial capacity in the fields of agri-business

5.      A professional qualification that will be considered on a case by case basis, by the board of study with the approval of the Director of Postgraduate studies of University of Ruhuna and a minimum of three years of post qualifying experience in Business Management or related fields

 

 

 

All above and other entry qualifications will be considered subjected to the approval of the Senate of the University of Ruhuna.

 

 

Admission Process

 

Calling applications, Screening and Interviews: Applications will be called by the advertisements on national newspapers by the Faculty of Graduate Studies of University of Ruhuna. After screening of the applications, selected applicants will be called for an interview to test the English competency and to examine the certificates.

 

Programme duration:

Generally three academic semesters (30 Course Credits + Directed Study of 06 credits), in week-end classes. (Can be completed within one year, if students registered more than four courses per semester)

 

Venues of classes:

 

Depending on number of students, the classes will be conducted in three different places for three different groups.

1.      Faculty of Agriculture, University of Ruhuna, Kamburupitiya

2.      Hector Kobbekaduwa Agrarian Research and Training Institute, Wijerama Road, Colombo-07

3.      Multidisciplinary Research and Training Centre, Hambantota

 

 

Alternative exit points:

 

According to the guidelines of the Sri Lanka Qualification Framework, Ministry of Higher Education, there are three exit points in addition to the master degree.

 

i.                    Students who completed minimum of 20 credits including 15 credits from the compulsory core courses and maintained the OGPA of 2.0 can exit the programmme and the student will be awarded a postgraduate certificate of AED.

ii.                  Students who completed minimum of 30 credits including 15 credits from the compulsory core courses and maintained the OGPA of 2.0 can exit the programmme and the student will be awarded a postgraduate Diploma of AED.

iii.                Students who completed minimum of 20 credits including 15 credits from the compulsory core courses and maintained the OGPA of more than 3.0 within first two semesters can transfer to the research degree programmes (MScAgERM & MABM) conducted by the Department of Agricultural Economics and Extension.

iv.                After completing 35 Credits including all compulsory courses students will be awarded Master of Agricultural Economics and Development degree.

 

 

 

Course Syllabus

 

The degree program consists of course work and a guided independent study for five credits. Minimum requirement of course credits is 30 and the minimum total credit requirement is 35. According to the guidelines in the final draft of the Sri Lanka Qualification Framework, Ministry of Higher Education, to ensure the thorough understanding together with critical awareness of current issues in the subject area of Agricultural Economics and Development and to apply relevant knowledge and skill to their professional practice course units are classified in to three categories; compulsory core courses, elective core courses and optional courses. Advanced Micro Economics (03 Credits), Advanced Macro Economics (03 Credits), Agricultural Economics (03 Credits), Quantitative Methods (03 Credits) and Development Economics and Policy (03 Credits) are the compulsory core courses for all the graduate students in order to complete the MAED degree. A minimum of 05 credits should be covered out of the elective core courses and remaining credit requirement can be covered either from elective core courses or optional course according to the requirement of the student. One Credit is equivalent to 15 hours of lectures, 30 hours of practical classes, 45 hours of field work / independent studies or any other equivalent combination. First two semesters are designed mainly for the course work to acquire the knowledge about the field of study, analytical tools and partly to plan the directed independent study. During the third semester, the student can complete the course work and directed study in order to be eligible for the MAED degree.

 

According to the guidelines of the Sri Lanka Qualification Framework of Ministry of Higher Education, students who maintain minimum requirement of Overall Grade Point Average (OGPA) and 20 credits shall be considered for awarding a postgraduate certificate and students who maintain minimum requirement of Overall Grade Point Average (OGPA) and 30 credits shall be considered for awarding a Postgraduate Diploma.

 

One credit unit is defined as fifteen hours of teaching, thirty hours of practical work or a combination of theory and practical subjected to the approval of faculty board of the Faculty of Agriculture and the Senate of the University of Ruhuna. Semester means 15 weeks of class sessions and three additional weeks for independent studies and examinations. Following table gives the maximum and minimum limits of the postgraduate degree programme.

 
CC 5302: Mathematics for Economics and Management (3: 45+00) and ABM 5303: Agribusiness sector in Sri Lankan Context (3:45+ 00) are compulsory for the students who do not possess a bachelor degree in Agricultural Sciences or relevant fields.

 

CC 5302

 

Maximum

Minimum

Number of courses per semester

05

--

Number of course credit hours per semester

18

--

Total number of credits for course work

--

30

Total number of credits for directed study

--

05

Total number of compulsory core courses

--

05

Total number of credits from compulsory core courses

--

15

Total number of elective core courses

--

02

Total number of credits from elective core courses

--

05

Total number of credits from optional courses

--

00

Total number of credits to be eligible for the MAED

 

35

Total number of credits to be eligible for the PG Dip AED

 

30

Total number of credits to be eligible for the PG Certificate of AED

 

20

 

 

 

Foundation level Non-credit Courses:

 

Non credit courses those who are having deficiencies in computer literacy and basic mathematics to follow the master level courses

CC: 4201: Computer awareness and Information Technology: Dos and Windows, Microsoft office (Word processing and spread sheet), email and Internet browsing for information. Preparation of reports, research articles and thesis, Literature search, Scientific writing (30 hours, non-credit)

 

CC4202: Basic Mathematics and Statistics: Number systems, Solving equation systems, Calculus (Differentiation and integration), matrix algebra, Descriptive statistics (measures of center and dispersion), Frequency distributions (Binomial, Normal, poison, t, X2..), Applications of using mathematics and statistics, Introduction to mathematics for economics

  1. Compulsory Core Courses

 

(Minimum of 20 credits should be from these courses including seminar)

 

AEC 5302: Advanced Micro-economics (3: 45+00)

AEC 5303: Advanced Macro-economics (3: 45+00)

AEC 5304: Agricultural Economics (3: 45+00)

AEC 5305: Quantitative Methods and Econometrics (3: 45+00)

AEC 5306: Agricultural Development and Policy (3:30+30)

AEC 5307: Local and Regional Economic Development (3: 30+30)

AEC 5308: Social Science Research Methods (3: 30+30)

AEC 5314: Extension Management (3: 30+30)

AEC 5500: Directed Study (5: 15+120)

 

  1. Elective Core courses

 

AEC 5311: Project Planning and Management (3:45+00)

AEC 5306: Theories of Agricultural Resource Management (3: 45+00)

AEC 5316: Social and Economic Impact Assessments (3: 40+10))

AEC 5318: Energy and Environmental Economics (3: 45+00)

AEC 5325: Land and Labour Management in Agriculture (3: 45+00)

AEC 5326: Global and Regional Trading Systems and International Food Policies (3: 45+00)

AEC 5327: Agricultural Marketing and Price Analysis (3: 45+00)

AEC 5328: Economic Statistics (Time series, Indices, production functions) (3: 30+30)

AEC 5330: Multivariate and Non-parametric Statistical Methods for Social and Biological Sciences (3: 45+00)

AEC 5235: Communication Theories, Practices and Interpersonal Relations (2:15+30)

ABM 5405: Operational Research (4:60+00)

AEC 5231: Social and Environmental issues of Development (2:30+00)

 

C.     Optional Courses

 

CC 5201: Livestock and Environmental Management (2: 30+00)

CC 5302: Mathematics for Economics and Management (3: 45+00)

CC 5203: Technical and Scientific Writing (2: 30+00)

ABM 5303: Agribusiness sector in Sri Lankan Context (3:45+ 00)
ABM 5306: Marketing of Farm Products (3:45+ 00)

ABM 5307: Farm Financial Management (3:45+00)

ABM 5308: Organizational Behavior (3:45+00)

ABM 5309: Human Resources Management (3: 45+00)

ABM 5310: Marketing of Farm Products and Supply Chain Management (3:45+00)

ABM 5311: Marketing Management (3:45+00)

 

 

Course Evaluation

 

Courses shall be evaluated on the basis of assignments, seminars, mid semester exam and end-semester examination.

 

Limitations of the marks for each component;

Criterion

Maximum

Minimum

End Semester Examination

80%

50%

Mid Semester Examination

25%

-----

Practical / field Work

25%

-----

Assignments / Seminars

25%

------

Oral Examinations (End Semester)

10%

------

Term papers / Review reports

20%

------

 

 

End semester examination is compulsory for each course and it should be conducted within last two weeks of the semester. Normally the semester shall be 17 weeks. In addition to the end semester examination evaluation of each course should contain at least one other component. The maximum number of components for a course (Except Directed Study) including end semester examination should be three.

Grades and Grade points shall be assigned for each course according to the following table.

 

Marks (%) (Out of 100)

Grade

Points

≥85

A+

4.0

80 - 84

A

4.0

75 - 79

A-

3.7

70 - 74

B+

3.3

65 - 69

B

3.0

60 - 64

B-

2.7

55 - 59

C+

2.3

50 - 54

C

2.0

45 - 49

C-

1.7

40 - 44

D+

1.3

35 - 39

D

1.0

35>

F

0

 

Overall Grade Point Average (GPA) is calculated using the formula;

 

GPA = ∑ Ci Gi / ∑ Ci

 

Where Ci is the number of credits for the ith course

Gi is the grade point obtain for the ith course

 

The student should maintain the GPA at the level of 2.5 or above. The student should repeat the courses which he/she got less than D grade at the next earliest opportunity and the students can obtain a maximum of B- grade. If the student has obtain C-, D+ or D grades for a course, the student has alternatives either to repeat the course and or to keep the grade as it is if the student can maintain the minimum GPA requirement.

 

For the directed study, an advisor will be appointed by the Board of the Study of the MAED programme at the end of the first semester. The directed study may be literature survey of particular area, study of current issue, analysis of relevant field using secondary of primary data, development of economic models, survey or any other assignment with the agreement of the supervisor. After completion of the directed study, the student should conduct a seminar and should be submitted a report. The directed study will be evaluated in following marking scheme.

 

Component

Marks

Proposal

10 % - 15 %

Supervisors'evaluation reports, ( Laboratory / field evaluation. etc.)

25 % - 40 %

Final presentation / Oral examination

30 % - 40 %

Evaluation of final draft report

20 % - 30 %

Total

100 %

 

 

After completion of the required number of course credits subjected to requirements of core courses and optional courses the student can apply for comprehensive exam. Board of the study will arrange examination panel with three members out of the teaching panel for the comprehensive oral examination. Student should obtain a Satisfactory S grade to be eligible to award MAED.

 

 

 

Tuition Fee

Rs. 75000.00 (can be paid in three installments, Rs. 40000.00, Rs. 20000.00, Rs. 15000.00)

 

Other fees if any (Specify)

 

Application Fee Rs. 500.00, Registration Fee Rs. 1000.00, Library Deposit (Refundable)

Rs. 2000.00 and Library Fee Rs. 1000.00 per year. Examination Fee Rs. 5000.00

 

Profile of panel of lecturers

 

         Staff of University of Ruhuna

         Staff of HARTI

         Experts in Other Leading Institutions