793-223 Farm Management IV

793-214 Farm Management III and 793-274 Investment and Finance.

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); and

• 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.

Internal students: two assignments of 2500 words each (80%), 20-minute interview (20%). External students: two assignments of 3000 words each (100%).