Module Information

Module Identifier
BDM8320
Module Title
Business Management for Rural Entrepreneurs
Academic Year
2024/2025
Co-ordinator
Mr Meirion Roberts
Semester
Distance Learning
Reading List
View on Aspire
Other Staff
 

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Interactive  1500 Words  40%
Semester Assessment Business Venture Proposal  2500 Words  60%
Supplementary Assessment Interactive  1500 Words  40%
Supplementary Assessment Business Venture Proposal  2500 Words  60%

Learning Outcomes

On successful completion of this module students should be able to:

1. Evaluate the impacts of policy, economics and markets on farm businesses

2. Analyse a farm business plan

3. Critically assess risk and sensitivity as factors of a farm business management

4. Develop and revise a farm business plan

Brief description

This module aims to equip you with the skills and knowledge you need to become a successful entrepreneur.

Content

Key skills include, leadership, business analysis and planning, change managementand strategies to identify risk and build in resilience. You will learn how to develop a robust and logical business plan and use these skills to create one for your own new venture. Because the module requires knowledge of Microsoft Excel, it also contains a short online course on using Excel to help students who may have limited experience of thispackage.

1.Principles ofEntrepreneurship
2.Business Planning and structures
3.Business Analysis
4.Integration
5.Managing Change
6.Risk and Uncertainty
7.Investment
8.Robustness, resilience and sensitivity analysis
9.Dealing with private and personal aspects of a business
10.Establishing new ventures

Module Skills

Skills Type Skills details
Application of Number The students need to be able to complete a series of tasks in Excel e.g. create an online accounts workbook and budget workbook. The students need to complete these formative workbooks to a satisfactory level to release the course content.
Communication Students will be expected to be able to express themselves appropriately in their assignments.
Improving own Learning and Performance Detailed feedback will be given for assignment work. This will be assessed through the feedback providing general guidance towards the student's next assignment. Feedback will be given on all formative assignments to help students with their future summative assignments.
Information Technology Students will be required to source information from a variety of scientific publication data bases and to use Blackboard for all aspects of the module.
Personal Development and Career planning This module will provide the students with the latest research into farm business management to help them provide the most up-to-date information/advice to their colleagues/clients in the agri-food industry.
Problem solving Online forum posts will be used to help develop and improve students' problem solving skills, through use of questions that present theoretical problems for the students to solve.
Research skills Students will be required to undergo directed self-study and so will develop their literature research skills.
Subject Specific Skills Farm business planning and management.
Team work Forums will require students to debate among themselves to develop a consensus of opinion.

Notes

This module is at CQFW Level 7