MFRE is a unique one-year professional masters program combining economics, policy and business as understood from an agriculture, food, natural resources and environmental perspective. This degree blends the economic and analytical rigour of an MSc with the business and management elements of an MBA, and equips you to analyze real-world issues through applied economics and quantitative skills. You’ll develop and refine the necessary critical thinking and analytical abilities to make informed, evidence-based decisions, and to apply them to the very real issues our world is grappling with.
Please visit http://mfre.landfood.ubc.ca/ for more information.
The MFRE program is part of the FRE group in the Faculty of Land and Food Systems at UBC. In order to complete the MFRE degree, student must obtain at least 18 credits from FRE courses.
Please visit: http://mfre.landfood.ubc.ca/program/courses/mfre-courses/ to learn more about the courses offered by MFRE
MFRE candidates enter the program with their unique portfolio of skills, which the program then further enhances and develops in the following areas:
- Assessing agricultural commodity prices, including the economic determinants of commodity pricing relationships over space, time and form.
- Exploring global markets for food and resources, with emphasis on trade and competitiveness.
- Conducting sound empirical research related to trade, consumer demand and food markets, through data and regression analysis in Stata and advanced spreadsheets.
- Developing an ability to critically review articles and studies concerning food and resource markets.
- Analyzing financials to support interpretation and strategic planning for an agribusiness firm.
- Identifying growth opportunities and developing business plans based on in-depth market research.
- Assessing business practices and making recommendations for improvements.
- Hedging commodity price risks for varying production profiles (e.g. annual and perennial crops).
- Engaging in mock trading through simulated commodity trading games; having access to the Chicago Board of Trade (CBOT) Futures trading competition, as well as the Bloomberg and Capital IQ platforms.
- Performing cost-benefit analysis through rigorous modelling.
- Evaluating and quantifying greenhouse gas emissions and carbon offsets.
- Analyzing a matrix of policy options with likely economic, environmental and efficiency vs. equity outcomes, and examining institutional constraints to implementation.
- Evaluating project effectiveness utilizing United Nations Development Programme (UNDP) principles of monitoring and evaluation.