RURAL BUSINESS MANAGEMENT

AGR1RBM

2020

Credit points: 15

Subject outline

This subject develops knowledge of the Australian agricultural business environment focusing on principles of development, planning, operation and performance analysis as applied to rural business enterprises in local and global settings. Students will examine a variety of agricultural business types through a variety of experiential tasks and develop skills in the use of structured planning methods to identify business and marketing opportunities as well as skills in business plan development. The subject also requires students to recognise and consider workplace safety issues, human resource requirements and relevant social, ethical and environmental issues.

SchoolSchool of Life Sciences

Credit points15

Subject Co-ordinatorMarisa Collins

Available to Study Abroad StudentsNo

Subject year levelYear Level 1 - UG

Exchange StudentsNo

Subject particulars

Subject rules

Prerequisites Must be admitted into SBATE or requires Subject Coordinator approval.

Co-requisitesN/A

Incompatible subjectsN/A

Equivalent subjectsN/A

Special conditions This subject is taught at the Epping Campus of Melbourne Polytechnic.

Readings

Resource TypeTitleResource RequirementAuthor and YearPublisher
ReadingsFinancial management for agribusinessPrescribedObst, W, Graham, R & Christie, G 2007CSIRO, COLLINGWOOD.
ReadingsHandbook of Agricultural EconomicsRecommendedEvenson, Robert E.; Pingali, Prabhu L. 2010Amsterdam : North Holland.
ReadingsAgribusiness management. Fifth editionRecommendedBarnard, Freddie L.; Yeager, Elizabeth A.; Akridge, Jay T.; Dooley, Frank J.; Foltz, John Charles; Yeager, Elizabeth Anne. 2016New York, NY : Routledge.
ReadingsThe Rise of Women Farmers and Sustainable Agriculture.RecommendedSachs, Carolyn E.; Barbercheck, Mary; Braiser, Kathryn; Kiernan, Nancy Ellen; Terman, Anna Rachel. 2016Iowa City : University Of Iowa Press
ReadingsFinancial Management for AgribusinessRecommendedWesley Obst, Rob Graham, Graham Christie, 2007Collingwood, Vic.: CSIRO,
ReadingsThe successful business plan: Secrets and strategiesRecommendedAbrams, R & Burrows, P 2010CAPSTONE PUBLISHING, MINNESOTA
ReadingsMarketing : an introduction. 3rd editionRecommendedRosalind Masterson and David Pickton, 2014SAGE, Los Angeles

Graduate capabilities & intended learning outcomes

01. Describe relevant characteristics of the Australian business environment

Activities:
Lectures and tutorials introduce students to the Australian business environment and business structures. Tutorials will use a variety of media along with field trips to identify characteristics of rural businesses and farms.

02. Analyse different types of agricultural related businesses to identify key aspects of financial statements

Activities:
Lectures and tutorial activities explore financial statements and business processes. Case studies will be used in the construction and analysis of business statements such as profit and loss, balance sheets and transactions.

03. Apply the key components for business development, planning, operation and performance analysis to prepare a business plan outline for a rural business

Activities:
Lectures, tutorials and field trips include principles of business planning and development including various types of budgets. Business plan development in both the short and long term will be covered.

04. Recognise and reflect on the application of relevant OH&S and HR requirements with regard to social, ethical and environmental issues

Activities:
Lectures and tutorial activities will include human resource practices, business ethics and OH&S as they apply to businesses and business planning.

Subject options

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Start date between: and    Key dates

Epping, 2020, Semester 2, Day

Overview

Online enrolmentYes

Maximum enrolment sizeN/A

Enrolment information

Subject Instance Co-ordinatorMarisa Collins

Class requirements

Lecture Week: 31 - 43
One 2.0 hours lecture per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Tutorial Week: 31 - 43
One 2.0 hours tutorial per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.

Assessments

Assessment elementComments% ILO*
One case study: Business and strategic plan (1500-words, and 10 min presentation; total is equiv)40 01, 03, 04
One Written Report (800-words)20 02
Exam 1.5 hours (1500 word equiv)40 01, 02, 03, 04