793-223 Farm Management IV

Credit Points

HECS Band

Coordinator

Prerequisites

Farm Management III; Investment and Finance.

Semester

Contact

Subject Description

The objective of this subject is for students to prepare a major report on the development of farm or rural business including business plans to the steady state stage or project maturity; complete a comprehensive financial analysis of the project; and interpret and critically analyse the project's results, draw rational conclusions and identify key success factors.

The content includes farm businesses which highlight one or more of the following issues: vertical integration, marketing of new products/services, on-farm response to change in government legislation, change in district infrastructure caused by collective farm action (e.g. introduction of labour saving equipment), intergeneration transfer of assets and management, and cooperation management of farms. Students are also instructed in the preparation of a major farm business review/prospectus, including a proposal for finance.

Assessment

Internal students: two assignments of 2500 words each (40% each); 20 minute interview (20%). External students: two assignments of 3000 words each (50% each).