Gwybodaeth Modiwlau

Module Identifier
BR31620
Module Title
Farm Planning and Advanced Farm Management
Academic Year
2022/2023
Co-ordinator
Semester
Semester 2 (Taught over 2 semesters)
Other Staff

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment 3 Hours   Controlled time assessment.  30%
Semester Assessment Farm Business Plan.  65%
Semester Assessment Spreadsheet template.  5%
Supplementary Assessment Students must take elements of assessment equivalent to those that led to failure of the module.  100%

Learning Outcomes

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

1. Know the requirements when planning farming businesses.

2. Construct fully detailed farm business plans (including financial statements).

3. Be aware of the effects of different trading structures.

4. Appreciate the informational requirements of financial institutions in lending assessments.

5. Evaluate and apply investment decisions.

Brief description

This module will provide an understanding of business planning techniques. These techniques will include business and personal aspects, uncertainty and risk analysis and business distress and failure. Alternative structures for farming businesses will be examined and investment appraisal will also be covered.

Content

The module will cover an understanding of the requirements of business planning, alternative planning techniques, alternative business trading structures and entities, investment appraisal, business finance distress and failure, aspects of business taxation, and the role of the Farm Business Survey in comparative analysis and benchmarking.

Module Skills

Skills Type Skills details
Application of Number Students are required to analyze a business using a variety of arithmetic techniques and ratios. Assessed in coursework and feedback given.
Communication
Improving own Learning and Performance
Information Technology Coursework will be word processed and data analysis will require use of spreadsheets. Assessed in coursework and feedback given
Personal Development and Career planning
Problem solving Coursework requires students to prepare, examine, analyze and interpret financial statements. Assessed in coursework and feedback given.
Research skills
Subject Specific Skills
Team work

Notes

This module is at CQFW Level 6