Module: Advanced Equine Business Management

Module details

  • Module code

    3036
  • Module leader

    Ashley Ede
  • Module Level

    6
  • Module credits

    15
  • Min study time

    150 hours
  • Contact hrs

    25 hours
  • Teaching Period

    Semester 1

Module content

Application of benchmarking as a business performance tool; improving business performance; case study examination of accounts for two different types of equine business; equine diversification including tax planning; racecourse management. Students will undertake an appraisal of a ‘live’ business in the following areas: financial and management accounts, human resources, statutory requirements, planning considerations, expansion and development opportunities and tax planning.

Module outcomes

To achieve credit for this module, students must be able to:

  1. Understand the application of a business performance tool through analysis.
  2. Interpret a set of accounts using two different types of equine business.
  3. Produce an appraisal of a ‘live’ equine business to include a resource appraisal, financial appraisal and human resource appraisal.
  4. Working as part of a team, create a product idea for the equine market and develop the idea to a fully costed proposal and pitch delivered to industry professionals.

Assessment

Assessment Description Weighting
Coursework The creation of a product for the equine market with submission of the product proposal, a pitch to industry professionals, a self-reflection and peer assessment. 100%

Key texts

Students should be familiar with the content of at least one of the following:

  • Bacon, R. (2005). Equine Business Guide. (5th edition). Warwickshire College.
  • Butler, J. (2003). Tolleys’ Equine Tax Planning. Tolleys.
  • Eastwood, S. et al (2006). Business Management for the Equine Industry. Blackwell.
  • Houghton-Brown, J. (2001). Horse Business Management. Blackwell.
  • McDonald, M.A. (2009). Starting and Running Your Own Horse Business. (2nd edition). Storey Publishing.