I. General Information
1. Course Title:
System Plans and Projections
2. Course Prefix & Number:
FBMT 2253
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course enables the combination of concepts for preparing farm system plans and projections, and the interaction of possible implications and/or solutions of these concepts.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 2253 - System Plans and Projections
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 2253 - System Plans and Projections
There are no corequisites for this course.
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
Applications in Farm Business Management Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Assess alternative solutions to a problem |
Develop Financial Long Range Budgeting plan (FINLRB) |
Work as a team member to achieve shared goals |
Assess implications of each FINLRB scenario |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Provide all basic data needed to develop a business plan;
- Evaluate the business plan based on realistic market expectations;
- Update the plan to adhere to business goals;
- Review the farm business plan;
- Evaluate business performance in relation to the vision for the future; and
- Compare newly created plan results to historical performance.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Review the farm business plan
- Review goals in relationship to the business plan
- Review historical trend data
- Identify areas for improvement
- Evaluate business performance in relation to the vision for the future
- Benchmark business financial and production performance
- Compare business financial and production performance to industry standards
- Set standards for future performance
- Revise the farm business plan
- Link the plan to goals
- Base revisions on historical farm performance
- Compare revised plan results to historical performance
I. General Information
1. Course Title:
System Plans and Projections
2. Course Prefix & Number:
FBMT 2253
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course enables the combination of concepts for preparing farm system plans and projections, and the interaction of possible implications and/or solutions of these concepts.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 2253 - System Plans and Projections
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 2253 - System Plans and Projections
There are no corequisites for this course.
II. Transfer and Articulation
III. Course Purpose
1. Program-Applicable Courses – This course is required for the following program(s):
Applications in Farm Business Management Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Work as a team member to achieve shared goals |
Assess implications of each FINLRB scenario |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Provide all basic data needed to develop a business plan;
- Evaluate the business plan based on realistic market expectations;
- Update the plan to adhere to business goals;
- Review the farm business plan;
- Evaluate business performance in relation to the vision for the future; and
- Compare newly created plan results to historical performance.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Review the farm business plan
- Review goals in relationship to the business plan
- Review historical trend data
- Identify areas for improvement
- Evaluate business performance in relation to the vision for the future
- Benchmark business financial and production performance
- Compare business financial and production performance to industry standards
- Set standards for future performance
- Revise the farm business plan
- Link the plan to goals
- Base revisions on historical farm performance
- Compare revised plan results to historical performance