Module Information

Module Identifier
RD25010
Module Title
Equine Business Management
Academic Year
2016/2017
Co-ordinator
Semester
Semester 2
Pre-Requisite
Other Staff

Course Delivery

Delivery Type Delivery length / details
Lecture 11 x 2 Hour Lectures
 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment Business case study proposal / report  (3,000 words)  100%
Supplementary Assessment Students must take elements of assessment equivalent to those that led to failure of the module  100%

Learning Outcomes

On successful completion of this module students should be able to:

1. Describe activities associated with the financial management of equine businesses.

2. Discuss the complexity of different trading structures and business taxation.

3. Discuss the informational requirements of financial institutions in lending.

4. Evaluate simple alternative investment techniques and decisions.

Brief description

The object of this module is to introduce students to aspects of equine business management, decision making, taxation, uncertainty and business distress and failure. Alternative structures for equestrian ventures and investment appraisal will be introduced.

Aims

On completion of this module, students should be able to:
1. Describe activities associated with the financial management of equine businesses.
2. Discuss the complexity of different trading structures and business taxation.
3. Discuss the informational requirements of financial institutions in lending assessments.
4. Evaluate simple alternative investment techniques and decisions.

Content

The module will be delivered through a combination of lectures and seminars.
L1-2 Introduction, assessment; Overview of management and account users
L3-4 Terminology, capital & trading items; Adjustments & depreciation
L5-6 Gross & net margins and benchmarking
L7-8 The balance sheet, profit, cash & capital
L9-10 Business economics
L11-12 Business structures
L13-14 Introduction to taxation & income, business and capital taxes
L15-16 Decision making and investment
L17-18 SMEs and business distress
L19-20 Business strategy
L21-22 Revision

P1-2 Construction of accounts and budgeting
P3-4 Decision making and investment analysis
P5-6 SME Exercises

Module Skills

Skills Type Skills details
Application of Number This will form a part of the coursework set.
Communication The written report will develop literacy and communication skills.
Improving own Learning and Performance N/A
Information Technology This will form a part of the coursework set.
Personal Development and Career planning N/A
Problem solving This will form a part of the coursework set.
Research skills Students will gain research experience in addition to the completion of coursework.
Subject Specific Skills N/A
Team work N/A

Notes

This module is at CQFW Level 5