Module Details

Module Code: MGMT C1711
Module Title: Agribusiness Management
Title: Agribusiness Management
Module Level:: 6
Credits:: 10
Module Coordinator: Stephen Whelan
Module Author:: Stephen Whelan
Domains:  
Module Description: This module aims to provide learners with an introduction to enterprise and management and its application at farm and agribusiness level. The appropriate record keeping techniques will be examined at farm level (e.g. statutory management requirements) and agribusiness level. Enterprise analysis skills will also be developed for appropriate business planning.
 
Learning Outcomes
On successful completion of this module the learner will be able to:
# Learning Outcome Description
LO1 Provide an introduction to enterprise and management and its application to farms and agribusinesses.
LO2 Explain the development of the agricultural sector and its present environment.
LO3 Development of a basic agribusiness plan.
Dependencies
Module Recommendations

This is prior learning (or a practical skill) that is recommended before enrolment in this module.
No recommendations listed
Co-requisite Modules
No Co-requisite modules listed
Additional Requisite Information
No Co Requisites listed
 
Indicative Content
Introduction to management and enterprise
Introduction to management • Management levels, skills, functions. • Agri-business management • Introduction to enterprises and their organisational context • The agribusiness organisation and its functional areas
The agribusiness environment
• Agri-business environment • The macro environment, the task environment and competitive analysis
Agribusiness plan
• Idea generation • Feasibility study • Business Plan for a farm and agribusiness (including relevant financial and physical performance data) • Climate for enterprise • Support agencies for enterprises/agri-enterprises/State industrial policy
Record keeping for farm businesses
Record keeping for livestock and crop enterprises • Record keeping for statutory management requirements on farm including livestock movement, animal health records, pesticide use and fertiliser use• Performance monitoring for farm enterprises and bench marking KPI against similar farm businesses
Product Costs
• Material Control • Labour Control • Overhead Control • Strategies to optimise production costs at a farm enterprise level.
Cost volume profit analysis
• Contribution • Fixed and variable costs • Graphical analysis • Margin of safety • Cost volume profit assumptions
Budgeting
• Budgeting process including master budgets, cash flows for farm and agribusiness enterprises including monthly and annual cash flows.
Capital investment decisions
• Appraisal methods, their purposes and implications • NPV, IRR, Payback method, ARR, DCF. Financing of capital investment
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment50.00%
Project50.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Essay % of Total Mark 25
Timing n/a Learning Outcomes 1,2
Non-marked No
Assessment Description
Essay Report on a farm or agribusiness enterprise
Assessment Type Project % of Total Mark 25
Timing n/a Learning Outcomes 3
Non-marked No
Assessment Description
Completion of a business plan
Assessment Type Practical/Skills Evaluation % of Total Mark 50
Timing n/a Learning Outcomes 1
Non-marked No
Assessment Description
Application of skills required for farm and agribusiness based record keeping
No Project
No Practical
No End of Module Formal Examination
Reassessment Requirement
Exam Board
It is at the discretion of the Examination Board as to what the qualifying criteria are.
Reassessment Description
Re-assessment will be based on repeat coursework. This is at the discretion of the exam board contingent on the nature of the failed submission. The student the student may have to complete a number of components of the project or it may be requested to repeat and attend the module.

SETU Carlow Campus reserves the right to alter the nature and timings of assessment

 

Module Workload

Workload: Full Time
Workload Type Workload Category Contact Type Workload Description Frequency Average Weekly Learner Workload Hours
Lecture Contact Imparting knowledge and ideas and facilitating learners to learn independently. 12 Weeks per Stage 4.00 48
Lab/Lecture Contact Practical work and demonstration that backs up lecture based learning activities. 12 Weeks per Stage 2.00 24
Independent Learning Time Non Contact Completion of projects. Autonomous student learning and revision of concepts delivered through the lectures 12 Weeks per Stage 6.00 72
Total Weekly Contact Hours 6.00
 
Module Resources
Recommended Book Resources
  • Tiernan, Morley and Foley. (2013), Modern Management, Gill Education, p.384, [ISBN: 9780717156320].
  • Sheppard. (2011), Management Accounting, Gill Education, p.300, [ISBN: 9780717149964].
  • Olson. (2003), Starting a Business in Ireland, Oak Tree Press, [ISBN: 9781904887376].
This module does not have any article/paper resources
This module does not have any other resources
Discussion Note: