209-255 Equine Management

208-161 Financial Management for Resource Industries I.

After completing this subject, the student should:

• be able to analyse an equine enterprise to assess the use of resources both physical and financial;

• understand contracts as they apply to selling horses and studs;

• be able to formulate marketing strategies for an equine enterprise; and

• be able to identify a new equine enterprise and plan its implementation.

The content includes:

• buying, leasing and syndication of horses, stud contracts;

• the law relating to horses;

• insurance for horses;

• labour structure and management;

• marketing fundamentals and concepts;

• key marketing strategies for horses;

• planning marketing programs for equine enterprises;

• the role of equine service industries;

• finance options for equine enterprises;

• financial management systems for equine enterprises;

• case studies of various equine enterprises to identify resource management issues and analyse the potential for improvement; and

• developing new or improved enterprises either within or outside an existing business.

One 2.5-hour written examination worth 40% of final marks, two assignments equivalent to 3000 words and worth 30% of final marks each.