I. General Information
1. Course Title:
Fund of Financial Management Relates Risk Management
2. Course Prefix & Number:
FBMA 2930
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
This course is intended to have the student enhance decision-making skills relating to business risk management. This course will have the student further investigate tools available to business that would be effective in reducing potential risk for the operation. Emphasis will be placed on having the student research risk management options that will meet their business, family, and personal needs.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMA 2930 - Fund of Financial Management Relates Risk Management
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2930 - Fund of Financial Management Relates Risk Management
There are no corequisites for this course.
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: |
Demonstrate written communication skills |
Identify risk management tools. |
Analyze and follow a sequence of operations |
Identify steps to limit risk management in their business. |
Utilize appropriate technology |
Effectively use electronic marketing aids. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Implement methods of monitoring budgets/plans to enhance their risk management program;
- Adopt strategies to assist in anticipating business risk;
- Examine methods of determining the ability to absorb risk;
- Examine methods of determining business risk;
- Evaluate risk factors affecting the farm operations;
- Analyze management structure to determine if modification is beneficial in reducing risk;
- Revise business, family, and financial goals to help explore risk management techniques;
- Interpret enterprise analysis historical data to enhance decision-making process in risk management strategy; and
- Utilize their farm financial ratios to assist in determining risk management needs.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Clarify options for managing business risk
- Implement methods of monitoring budgets / plans to enhance their risk mgmt program
- Adopt strategies to assist in anticipating business risk
- Utilize business data in determining the ability to absorb risk
- Analyze financial records of the business to develop a baseline for decisions
- Examine methods of determining business risk
- Evaluate risk factors affecting the farm operations
- Analyze management structure to determine if modification is beneficial in reducing risk
- Readdress business, family, & financial goals to help explore risk mgmt techniques
- Interpret enterprise analysis historical data to enhance decision making process in risk mgmt strategy
- Utilize their farm financial ratios to assist in determining risk management needs
- Examine financial trends to determine future bearing capabilities
I. General Information
1. Course Title:
Fund of Financial Management Relates Risk Management
2. Course Prefix & Number:
FBMA 2930
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
This course is intended to have the student enhance decision-making skills relating to business risk management. This course will have the student further investigate tools available to business that would be effective in reducing potential risk for the operation. Emphasis will be placed on having the student research risk management options that will meet their business, family, and personal needs.
5. Placement Tests Required:
6. Prerequisite Courses:
FBMA 2930 - Fund of Financial Management Relates Risk Management
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2930 - Fund of Financial Management Relates Risk 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):
Advanced Farm Business Management, Certificate
IV. Learning Outcomes
1. College-Wide Outcomes
College-Wide Outcomes/Competencies |
Students will be able to: |
Demonstrate written communication skills |
Identify risk management tools. |
Analyze and follow a sequence of operations |
Identify steps to limit risk management in their business. |
Utilize appropriate technology |
Effectively use electronic marketing aids. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Implement methods of monitoring budgets/plans to enhance their risk management program;
- Adopt strategies to assist in anticipating business risk;
- Examine methods of determining the ability to absorb risk;
- Examine methods of determining business risk;
- Evaluate risk factors affecting the farm operations;
- Analyze management structure to determine if modification is beneficial in reducing risk;
- Revise business, family, and financial goals to help explore risk management techniques;
- Interpret enterprise analysis historical data to enhance decision-making process in risk management strategy; and
- Utilize their farm financial ratios to assist in determining risk management needs.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Clarify options for managing business risk
- Implement methods of monitoring budgets / plans to enhance their risk mgmt program
- Adopt strategies to assist in anticipating business risk
- Utilize business data in determining the ability to absorb risk
- Analyze financial records of the business to develop a baseline for decisions
- Examine methods of determining business risk
- Evaluate risk factors affecting the farm operations
- Analyze management structure to determine if modification is beneficial in reducing risk
- Readdress business, family, & financial goals to help explore risk mgmt techniques
- Interpret enterprise analysis historical data to enhance decision making process in risk mgmt strategy
- Utilize their farm financial ratios to assist in determining risk management needs
- Examine financial trends to determine future bearing capabilities