Module Details
Module Code: |
MGMT C1F02 |
Module Title:
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AgriBusiness Management
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Title:
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AgriBusiness Management
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Module Level:: |
6 |
Module Coordinator: |
Janette Davies
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Module Author:: |
Tomas Dwyer
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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.
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Learning Outcomes |
On successful completion of this module the learner will be able to: |
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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.
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No recommendations listed |
Co-requisite Modules
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No Co-requisite modules listed |
Additional Requisite Information
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No Co Requisites listed
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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
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The agribusiness environment
• Agri-business environment
• The macro environment, the task environment and competitive analysis
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Agribusiness plan
• Idea generation
• Feasibility study
• Business Plan (including relevant financial data)
• Climate for enterprise
• Support agencies for enterprises/agri-enterprises/State industrial policy
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Introduction to Management Accounting
• Introduction to management accounting
• Cost Classification and behaviour
• reports and other assessment tools
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Product Costs
• Material Control
• Labour Control
• Overhead Control
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Cost volume profit analysis
• Contribution
• Fixed and variable costs
• Graphical analysis
• Margin of safety
• Cost volume profit assumptions
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Budgeting
• Budgeting process including Master Budgets
• Functional budgets including Cash budgets
• Flexed budgets
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Capital investment decisions
• Appraisal methods, their purposes and implications
• NPV, IRR, Payback method, ARR, DCF
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Module Content & Assessment
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Assessment Breakdown | % |
Continuous Assessment | 50.00% |
End of Module Formal Examination | 50.00% |
AssessmentsFull Time
End of Module Formal Examination |
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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 |
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Non Contact |
Farm Business Management |
30 Weeks per Stage |
3.67 |
110 |
Total Weekly Contact Hours |
3.00 |
Module Resources
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Recommended Book Resources |
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Tiernan, S., Morely, M. and Foley F.. (2013), Modern Management, 4th. Gill and Macmillan, [ISBN: 9780717156320].
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Sheppard G.. (2011), Management Accounting, A Practical Approach, Gill & Macmillan Ltd, [ISBN: 9780717149964].
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O'Kane, B.. (2009), Starting a Business in Ireland, 6th. Oak Tree Press, [ISBN: 9781904887376].
| Supplementary Book Resources |
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Kay R., Edwards W. and Duffy, P.. (2011), Farm Management, 7th. McGraw-Hill Science/Engineering/Math, [ISBN: 9780073545875].
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Malcolm B., Makeham J. and Wright V.. (2006), The Farming Game: Agricultural Management and Marketing, 2nd. Cambridge University Press, Cambridge, [ISBN: 9780521537551].
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Barry P. and Ellinger P.. (2011), Financial Management in Agriculture, 7th. Prentice Hall, [ISBN: 9780135037591].
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Olson, K.. (2003), Farm Management: Principles and Strategies, Wiley-Blackwell, [ISBN: 9780813804183].
| This module does not have any article/paper resources |
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Other Resources |
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European Union Legislation,
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European Food Safety Authority,
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Food Safety Authority of Ireland,
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Department of Agriculture,
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Central Statistics Office,
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Wexford County Enterprise Board,
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Agri aware,
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Wexford County Enterprise Board,
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BusinessPlus,
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Business and Finance,
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Irish Times,
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Irish Independent,
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Bord Bia,
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