793-214 Farm Management III

209-253 Farm Management II and 793-122 Planning and Budgeting Techniques.

The objective of this subject is to further develop students conceptual and practical skills in farm management, building on the work achieved in Farm Management I and II.

The subject will cover a number of farm management systems, e.g. beef, irrigation, multi-enterprise, prime lambs.

Topics include:

• the input of different forms of ownership and tenure including the financing of these arrangements;

• comparative analysis of case farms against district industry averages is used to identify weaknesses in existing management; and

• concepts of strategic market management as applied to farming, e.g. SWOT analysis, analysis of external and internal business factors.

Internal students: two assignments of 2000 words each (60%) and a 2-hour test (40%). External students: two assignments of 3000 words (100%).