I. General Information
1. Course Title:
Fundamentals of Financial Mgmt/Bus Plan Emphasis
2. Course Prefix & Number:
FBMA 2934
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
Students will identify the elements necessary to create, evaluate, and implement a business plan for the business. Student will utilize financial information and records to develop the business plan.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMA 2934 - Fundamentals of Financial Mgmt/Bus Plan Emphasis
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2934 - Fundamentals of Financial Mgmt/Bus Plan Emphasis
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 oral communication skills |
Describe the business plan. |
Demonstrate written communication skills |
Create a written business plan. |
Analyze and follow a sequence of operations |
Describe the steps necessary to create a business plan. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Complete an analysis of the business;
- Interpret the analysis and cash flow information to determine the business cash needs for the upcoming production year;
- Revise the cash flow plan after the completion of the annual analysis;
- Monitor and adjust the cash flow plan on a regular basis;
- Justify the business plan;
- Determine the strengths and weaknesses of the business;
- Develop a vision statement and revise as necessary for the continuation of the business;
- Develop a mission statement and revise as necessary;
- Determine what changes to make in the business in order to better compete in today’s market place; and
- Develop a business plan.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Complete the analysis of their business
- Use the analysis information to determine the business cash needs for the upcoming production year
- Revise and rework their plan after the completion of the annual analysis
- Use the business plan in a manner that will allow for decision making in a correct business sense
- Recognize the need to monitor and reevaluate the plan on a regular basis
- Determine what changes to make in their business in order to better compete in today’s market place
- Steps for developing and/or modifying a business plan
- Determine the strengths and weaknesses of their business
- Evaluate the vision statement and revise as necessary for the continuation of their business
- Evaluate the mission statement and revise as necessary
I. General Information
1. Course Title:
Fundamentals of Financial Mgmt/Bus Plan Emphasis
2. Course Prefix & Number:
FBMA 2934
3. Course Credits and Contact Hours:
Credits: 3
4. Course Description:
Students will identify the elements necessary to create, evaluate, and implement a business plan for the business. Student will utilize financial information and records to develop the business plan.
5. Placement Tests Required:
Accuplacer (specify test): |
No placement tests required |
Score: |
|
6. Prerequisite Courses:
FBMA 2934 - Fundamentals of Financial Mgmt/Bus Plan Emphasis
There are no prerequisites for this course.
9. Co-requisite Courses:
FBMA 2934 - Fundamentals of Financial Mgmt/Bus 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: |
Demonstrate oral communication skills |
Describe the business plan. |
Demonstrate written communication skills |
Create a written business plan. |
Analyze and follow a sequence of operations |
Describe the steps necessary to create a business plan. |
2. Course Specific Outcomes - Students will be able to achieve the following measurable goals upon completion of
the course:
- Complete an analysis of the business;
- Interpret the analysis and cash flow information to determine the business cash needs for the upcoming production year;
- Revise the cash flow plan after the completion of the annual analysis;
- Monitor and adjust the cash flow plan on a regular basis;
- Justify the business plan;
- Determine the strengths and weaknesses of the business;
- Develop a vision statement and revise as necessary for the continuation of the business;
- Develop a mission statement and revise as necessary;
- Determine what changes to make in the business in order to better compete in today’s market place; and
- Develop a business plan.
V. Topical Outline
Listed below are major areas of content typically covered in this course.
1. Lecture Sessions
- Complete the analysis of their business
- Use the analysis information to determine the business cash needs for the upcoming production year
- Revise and rework their plan after the completion of the annual analysis
- Use the business plan in a manner that will allow for decision making in a correct business sense
- Recognize the need to monitor and reevaluate the plan on a regular basis
- Determine what changes to make in their business in order to better compete in today’s market place
- Steps for developing and/or modifying a business plan
- Determine the strengths and weaknesses of their business
- Evaluate the vision statement and revise as necessary for the continuation of their business
- Evaluate the mission statement and revise as necessary