I. General Information
1. Course Title:
Using Financial Instruments in Farm System Management
2. Course Prefix & Number:
FBMT 2243
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course integrates the application of various financial instruments used in acquiring capital for use in the business and investigates the way in which both earnings and financial progress can be measured.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMT 2243 - Using Financial Instruments in Farm System Management
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 2243 - Using Financial Instruments in Farm System Management
There are no corequisites for this course.
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
|
Name of Program(s)
|
Program Type
|
|
Essentials in Farm Business Management
|
Certificate
|
|
Applications in Farm Business Management
|
Certificate
|
|
Advanced Farm Business Management
|
Certificate
|
|
Commodity Marketing
|
Certificate
|
IV. Learning Outcomes
1. College-Wide Outcomes
| College-Wide Outcomes/Competencies |
Students will be able to: |
| Assess alternative solutions to a problem |
Analyze relative interest rates and terms from each potential lender |
| Work as a team member to achieve shared goals |
Analyze progress towards financial goals |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
|
Expected Outcome
|
MnTC
Goal Area
|
|
Evaluate key aspects of the balance sheet that will provide positive results for securing a loan
|
|
|
Explain the impact of the farm plan on the selected ratios
|
|
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
I: Develop a management (financial and production) portfolio
|
A. identify the content of a portfolio
|
B. assemble financial and production documents
|
II: Compare financial instruments for acquiring capital
|
A. identify financial instruments available for use
|
B. compare advantages and disadvantages of financial instruments
|
III: Apply decision making criteria
|
A. identify decision criteria
|
B. assemble information essential to the decision
|
C. assess the validity of the information
|
D. choose a course of action
|
I. General Information
1. Course Title:
Using Financial Instruments in Farm System Management
2. Course Prefix & Number:
FBMT 2243
3. Course Credits and Contact Hours:
Credits: 2
4. Course Description:
This course integrates the application of various financial instruments used in acquiring capital for use in the business and investigates the way in which both earnings and financial progress can be measured.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMT 2243 - Using Financial Instruments in Farm System Management
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMT 2243 - Using Financial Instruments in Farm System Management
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):
|
Name of Program(s)
|
Program Type
|
|
Essentials in Farm Business Management
|
Certificate
|
|
Applications in Farm Business Management
|
Certificate
|
|
Advanced Farm Business Management
|
Certificate
|
|
Commodity Marketing
|
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 |
Analyze progress towards financial goals |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
|
Expected Outcome
|
MnTC
Goal Area
|
|
Evaluate key aspects of the balance sheet that will provide positive results for securing a loan
|
|
|
Explain the impact of the farm plan on the selected ratios
|
|
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
I: Develop a management (financial and production) portfolio
|
A. identify the content of a portfolio
|
B. assemble financial and production documents
|
II: Compare financial instruments for acquiring capital
|
A. identify financial instruments available for use
|
B. compare advantages and disadvantages of financial instruments
|
III: Apply decision making criteria
|
A. identify decision criteria
|
B. assemble information essential to the decision
|
C. assess the validity of the information
|
D. choose a course of action
|