Module: Farm Business Management

Module details

  • Module code

    4012
  • Module leader

    Rita Walsh
  • Module Level

    7
  • Module credits

    15
  • Min study time

    150 hours
  • Contact hrs

    24 hours
  • Teaching Period

    Semester 2

Module content

Industry statistics and trends, business objectives, resource appraisal, gross margin accounting, farm business performance appraisal, planning and budgeting techniques, agricultural and environmental policy at farm level, business diversification, risk management, business planning.

Module outcomes

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

  1. Demonstrate knowledge and critical understanding of farm business management and the key areas of enterprise risk.
  2. Critically evaluate farm business performance and develop solutions to problems.
  3. Produce an integrated business plan for a farm which demonstrates the ability to identify and critically evaluate new opportunities.

Assessment

Assessment Description Weighting
Coursework Business evaluation project 50%
Coursework Business planning case study 50%

Key texts

Students should be familiar with the content of the following:

  • Brown, B. (2003) Practical Accounting and Financial Management for Farms and Small Business. Crowood Press
  • Newton, J. (2004) Profitable organic farming. 2nd edn. Blackwell Science
  • Nuthall, P. l. (2010) Farm business management: the human factor. CABI
  • Turner, J. and Taylor, M. (1998) Applied Farm Management. 2nd edn. Blackwell