I. General Information
1. Course Title:
Using System Analysis in Total Farm Planning
2. Course Prefix & Number:
FBMT 1223
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course enables study of concepts related to farm business analysis, and exploration of possible implications and/or solutions to these concepts. A systematic method to assess farm business strengths and weaknesses based on the analysis will be used.
5. Placement Tests Required:
| Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 1223 - Using System Analysis in Total Farm Planning
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1223 - Using System Analysis in Total Farm Planning
There are no corequisites for this course.
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
Agricultural Commodities Marketing Certifcate
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Assess alternative solutions to a problem |
Use the analysis to systematically assess farm business strengths and weaknesses. |
| Analyze and follow a sequence of operations |
Review the financial score card and assess the strengths and weaknesses of the farm business. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Explain selected sections of the farm business analysis;
- Complete and understand the financial scorecard;
- Determine the farm business’s strengths and weaknesses;
- Complete a farm business S.W.O.T. analysis using the information from the whole farm and enterprise analysis;
- Compare farm financial scorecard to industry averages; and
- Develop enterprise budgets to reflect desired enterprise improvements.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Review completed farm business analysis
- Review year end farm business analysis
- Complete a farm financial standards scorecard
- Review historical farm business analysis trends
- Assess farm business strengths and weaknesses from the farm business analysis
- Summarize the implications of the farm business analysis
- Assess the accuracy of the farm analysis income statement
- Evaluate the farm financial standard ratios
- Assess the enterprise(s) for efficiency and accuracy
I. General Information
1. Course Title:
Using System Analysis in Total Farm Planning
2. Course Prefix & Number:
FBMT 1223
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course enables study of concepts related to farm business analysis, and exploration of possible implications and/or solutions to these concepts. A systematic method to assess farm business strengths and weaknesses based on the analysis will be used.
5. Placement Tests Required:
| Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMT 1223 - Using System Analysis in Total Farm Planning
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 1223 - Using System Analysis in Total Farm Planning
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):
Agricultural Commodities Marketing Certifcate
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Analyze and follow a sequence of operations |
Review the financial score card and assess the strengths and weaknesses of the farm business. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Explain selected sections of the farm business analysis;
- Complete and understand the financial scorecard;
- Determine the farm business’s strengths and weaknesses;
- Complete a farm business S.W.O.T. analysis using the information from the whole farm and enterprise analysis;
- Compare farm financial scorecard to industry averages; and
- Develop enterprise budgets to reflect desired enterprise improvements.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Review completed farm business analysis
- Review year end farm business analysis
- Complete a farm financial standards scorecard
- Review historical farm business analysis trends
- Assess farm business strengths and weaknesses from the farm business analysis
- Summarize the implications of the farm business analysis
- Assess the accuracy of the farm analysis income statement
- Evaluate the farm financial standard ratios
- Assess the enterprise(s) for efficiency and accuracy