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Active as of Spring Semester 2018
I. General Information
1. Course Title:
Applied Financial Management/Strategic Plan Emphasis
2. Course Prefix & Number:
FBMA 2933
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
This course will provide practical application of strategic planning skills. Application skills will be practiced upon and applied to the student's business and business plan.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMA 2933 - Applied Financial Management/Strategic Plan Emphasis
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2933 - Applied Financial Management/Strategic Plan Emphasis
There are no corequisites for this course.
II. Transfer and Articulation
III. Course Purpose
Program-Applicable Courses – This course is required for the following program(s):
Advanced 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 |
Implement a financial management plan. |
Apply abstract ideas to concrete situations |
Determine which plan offers the best chance for success. |
Work as a team member to achieve shared goals |
Utilize team members input to evaluate all plans. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Revise the current business portfolio to reflect implemented strategic plans;
- Design an internal and external monitoring model which includes the use of business analysis;
- Create an implementation plan to apply the action plans in a prioritized manner;
- Develop action plans to reduce the gap between actual and desired performance;
- Employ gap analysis and determine measurable difference between future vision and today’s performance;
- Assemble and analyze business enterprise and financial data to design a specific performance audit;
- Identify qualities or attributes that distinguish the business;
- Identify and prioritize the driving forces in the business;
- Participate with the planning team in writing a general mission statement for the business; and
- Examine values, operating philosophy and determine the operational stakeholders.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Examine values, operating philosophy and determine the stakeholders
- Update the current business portfolio to reflect implemented strategic plans
- Identify and prioritize the driving forces in the business
- Determine direction of the business by visualizing the future and describing what it looks like
- Identify quality or attribute that the business possesses that makes it different from others
- Gather and analyze business enterprise & financial data to design a specific performance audit
- Create an implementation plan to apply the action plans in a prioritized manner
- Craft an internal and external monitoring which includes the use of business analysis
- Perform gap analysis and determine measurable difference between reality and preferred future
- Develop a contingency plan for the business
- Develop action plans to be used to close the gap between actual & desired performance
I. General Information
1. Course Title:
Applied Financial Management/Strategic Plan Emphasis
2. Course Prefix & Number:
FBMA 2933
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
This course will provide practical application of strategic planning skills. Application skills will be practiced upon and applied to the student's business and business plan.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMA 2933 - Applied Financial Management/Strategic Plan Emphasis
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2933 - Applied Financial Management/Strategic Plan Emphasis
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):
Advanced Farm Business Management, Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Apply abstract ideas to concrete situations |
Determine which plan offers the best chance for success. |
Work as a team member to achieve shared goals |
Utilize team members input to evaluate all plans. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Revise the current business portfolio to reflect implemented strategic plans;
- Design an internal and external monitoring model which includes the use of business analysis;
- Create an implementation plan to apply the action plans in a prioritized manner;
- Develop action plans to reduce the gap between actual and desired performance;
- Employ gap analysis and determine measurable difference between future vision and today’s performance;
- Assemble and analyze business enterprise and financial data to design a specific performance audit;
- Identify qualities or attributes that distinguish the business;
- Identify and prioritize the driving forces in the business;
- Participate with the planning team in writing a general mission statement for the business; and
- Examine values, operating philosophy and determine the operational stakeholders.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Examine values, operating philosophy and determine the stakeholders
- Update the current business portfolio to reflect implemented strategic plans
- Identify and prioritize the driving forces in the business
- Determine direction of the business by visualizing the future and describing what it looks like
- Identify quality or attribute that the business possesses that makes it different from others
- Gather and analyze business enterprise & financial data to design a specific performance audit
- Create an implementation plan to apply the action plans in a prioritized manner
- Craft an internal and external monitoring which includes the use of business analysis
- Perform gap analysis and determine measurable difference between reality and preferred future
- Develop a contingency plan for the business
- Develop action plans to be used to close the gap between actual & desired performance