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Farm Business Management Curriculum

AWARD: Diploma

LENGTH: 60 Credits

Program Description:

The Farm Business Management Education Program is concerned with the organization of a farmer’s resources in such a way as to assist the family in meeting their family and business goals. Often these goals involve generating new profit. Good management requires a sound knowledge of economic principles because they are the framework for farm operation and organization. Good management ties all sections of a farm business together. It provides a perspective, showing the relationship of all parts to one another, and to the whole farm business. Good management also requires a knowledge of farm practices and agriculture science, as well as new developments in the field. Management must understand various alternatives that can be used in decision making. Farm business management instruction is concerned with the development of a farmer’s knowledge of economic principles and with the decision-making process. The object of the instruction is to help farmers apply these approaches or sets of principles to their business in such a way as to meet their goals. For information on these classes, you can contact us by email!

 

PREREQUISITES: To be eligible for enrollment in Farm Business Management courses a student must be a farm business operator or manager or must secure the consent of the instructor.

FBMT 1211 Introduction to Farm Business Management
This course introduces basic farm business management concepts. Students will study the farm management planning cycle and develop an understanding of its relationship to: family and farm business goal setting, cash and enterprise accounting principles, and tax planning. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 1112 Foundations for Farm Business Management
This course is an overview of the Farm Business Management Program. The student will be introduced to goal setting, self and business assessment, record keeping, and business projections to provide the foundation for personal and business management progress. Current issues affecting business management are an integral part of the course. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 1213 Managing a Farm System in a Global Economy
This course assists the students in achieving awareness of development in agricultural policies and practices throughout the world and assessing the impact of these policies and practices on the profitability and viability of their farm business. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 1121 Preparation for Farm Business Analysis
This course will take the student through a step by step procedure to close out a complete year of farm business records. This course will emphasize tax planning, completing inputs to livestock and crop enterprises, and emphasizing cash and liabilities accuracy. A completed business and enterprise analysis will be the course focus. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 1122 Implementing the System Management Plan
This course continues to build on the foundation of farm business management. The student will complete a farm business financial and enterprise analysis. Sound financial record keeping is an integral component. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 1223 Using System Analysis in Total Farm Planning
This course enables study of concepts related to farm business analysis, and exploration of possible implications and/or solutions to these concepts. A systematic method to assess farm business strengths and weaknesses based on the analysis will be used. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 1131 Managing and Modifying Farm System Data
This course will help the student refine their farm business data system and assist them in applying year end procedures for farm business analysis. Students improve accuracy in the following: farm enterprise analysis, tax planning and filing, and cash and liabilities checks. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT1132 Interpreting and Using Farm System Data
This course provides an opportunity for the student to view the farm business and its various components through a number of vehicles such as balance sheets, farm personal and managerial inventories, enterprise reports and historical data. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 1233 Application of Productive Enterprise Information
This course describes procedures for applying enterprise information provided by computerized analysis of farm business accounts. Prereq: None. (2C/0 lect, o lab, 2 other)

FBMT 2141 Interpreting and Evaluating Financial Data
This course continues to expand on preparation and evaluation of the farm business analysis. This course provides continued guidance and perfection of business record close out procedures, tax implications of management decisions, and continues to monitor farm business and family goals. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 2142 Interpreting Trends in Business Planning
This course examines whole farm, enterprise, balance sheet, and inventory trends. Current analysis data is compared to historical data in making future farm business planning decisions. Financial ratios are used to indicate the farm financial structure. Prereq: None. (4C/0 lect. 0 lab, 4 other)

FBMT 2243 Using Financial Instruments in Farm System Management
This course integrates the application of various financial instruments used in acquiring capital for use in the business and investigates the way in which both earnings and financial progress can be measured. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2151 Strategies in Farm System Data Management
This course will help the student focus on long term strategies necessary to maintain and enhance the farm business and personal future financial goals. The student will complete the year by developing an accurate, usable business analysis. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 2152 Integrating System Information for Financial Planning
This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data will enhance the reliability of the farm plan. The comprehensive farm plan will integrate historical trends, farm and personal goals, financial and enterprise performance of the farm business. Prereq: None. (4C/0 lect, o lab, 4 other)

FBMT 2253 System Plans and Projections
This course enables the combination of concepts for preparing farm system plans and projections, and the interaction of possible implications and/or solutions of these concepts. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2161 Examination of the Context of Farm System Management
This course is designed to assist students in preparation of improved farm system management procedures. Students in this course will evaluate several years of an improved farm system analysis. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 2162 Refining Farm System Management
This course is the culmination of activities designed to enable the student to develop and implement a comprehensive farm business strategic plan. The student will use the components of the Farm Business Management Program to develop and support a farm business strategic plan. Prereq: None. (4C/0 lect, 0 lab, 4 other)

FBMT 2263 Evaluating Farm System Programs
This course develops an awareness of individuals and agencies, both public and private, which have expertise available to assist the farm operator to solve farm systems problems. It enables study and application of farm business evaluation concepts, and exploration of possible implications. Exact subject matter and time spent per topic will vary depending on student need, location, and time. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2300 Computer Applications in Farm Management
This course will discuss basic computer literacy, identify commonly used software, and demonstrate the uses of commonly used software. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2325 Ethics in this Business of Agriculture
This course will explore the various ways in which a farm business conducts business and address their proper conduct. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2305 Legal Issues in Agriculture
This course will examine rental contracts, liability insurance, purchase agreements, and farm transfer issues. Prereq: None. (2C/0 lect, 0 lab, 2 other)

 FBMT 2330 Business Math Principles
This course will establish methods in determining inventory, calculating acreages, determining yields, calculating fixed and variable costs, and assist in understanding depreciation methods. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2310 Environmental Interactions in Agriculture
This course will examine a variety of environmental issues related to agriculture and suggested ways in which to address the issues. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2335 Labor Economics and Management
This course will address the use of labor in agriculture, labor work agreements, hired labor tax issues, and the evaluation of labor useage in a business. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2315 Effective Time Management
This course will explore various time management principles and their utilization within the farm business. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2340 Rural Leadership
This course will examine various farm organizations, the USDA, and local political systems. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2320 Family Wellness and Business Relationships
This course will study rural health issues and their effects on successful business ventures. Prereq: None. (2C/0 lect, 0 lab, 2 other)

FBMT 2345 CPR and First Aid
This course will assist the student in understanding proper procedures for handling wounds and injuries, and in performing CPR. Prereq: None. (2C/0 lect, 0 lab, 2 other

For information on these classes, you can contact us by email!

 

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