Module Details

Module Code: MGMT C1F02
Module Title: AgriBusiness Management
Title: AgriBusiness Management
Module Level:: 6
Credits:: 10
Module Coordinator: Janette Davies
Module Author:: Tomas Dwyer
Domains:  
Module Description: The aims of this module is to provide learners with an introduction to enterprise and management and its application to agribusiness, to be able to prepare management accounting information for use in an agribusiness context and to provide learners with the capability of develop a basic agribusiness plan.
 
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 agribusiness.
LO2 Explain the development of the agricultural sector and its present environment.
LO3 Apply management accounting techniques in an agribusiness context.
LO4 Produce 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 (including relevant financial data) • Climate for enterprise • Support agencies for enterprises/agri-enterprises/State industrial policy
Introduction to Management Accounting
• Introduction to management accounting • Cost Classification and behaviour • reports and other assessment tools
Product Costs
• Material Control • Labour Control • Overhead Control
Cost volume profit analysis
• Contribution • Fixed and variable costs • Graphical analysis • Margin of safety • Cost volume profit assumptions
Budgeting
• Budgeting process including Master Budgets • Functional budgets including Cash budgets • Flexed budgets
Capital investment decisions
• Appraisal methods, their purposes and implications • NPV, IRR, Payback method, ARR, DCF
Module Content & Assessment
Assessment Breakdown%
Continuous Assessment50.00%
End of Module Formal Examination50.00%

Assessments

Full Time

Continuous Assessment
Assessment Type Project % of Total Mark 20
Timing n/a Learning Outcomes 1,2
Non-marked No
Assessment Description
Research Project: Case study with questions linked to relevant management topics.
Assessment Type Project % of Total Mark 30
Timing n/a Learning Outcomes 3,4
Non-marked No
Assessment Description
Project – Agribusiness plan
No Project
No Practical
End of Module Formal Examination
Assessment Type Formal Exam % of Total Mark 50
Timing End-of-Semester Learning Outcomes 1,2,3,4
Non-marked No
Assessment Description
Terminal Examination

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 Farm Business Management 30 Weeks per Stage 3.00 90
Independent Learning Non Contact Farm Business Management 30 Weeks per Stage 3.67 110
Total Weekly Contact Hours 3.00
 
Module Resources
Recommended Book Resources
  • Tiernan, S., Morely, M. and Foley F.. (2013), Modern Management, 4th. Gill and Macmillan, [ISBN: 9780717156320].
  • Sheppard G.. (2011), Management Accounting, A Practical Approach, Gill & Macmillan Ltd, [ISBN: 9780717149964].
  • O'Kane, B.. (2009), Starting a Business in Ireland, 6th. Oak Tree Press, [ISBN: 9781904887376].
Supplementary Book Resources
  • Kay R., Edwards W. and Duffy, P.. (2011), Farm Management, 7th. McGraw-Hill Science/Engineering/Math, [ISBN: 9780073545875].
  • Malcolm B., Makeham J. and Wright V.. (2006), The Farming Game: Agricultural Management and Marketing, 2nd. Cambridge University Press, Cambridge, [ISBN: 9780521537551].
  • Barry P. and Ellinger P.. (2011), Financial Management in Agriculture, 7th. Prentice Hall, [ISBN: 9780135037591].
  • Olson, K.. (2003), Farm Management: Principles and Strategies, Wiley-Blackwell, [ISBN: 9780813804183].
This module does not have any article/paper resources
Other Resources
Discussion Note: