Module Identifier RS33320  
Academic Year 2001/2002  
Co-ordinator Mr Anthony O'Regan  
Semester Semester 2 (Taught over 2 semesters)  
Pre-Requisite RS23310 , RS23510  
Mutually Exclusive RS33420  
Assessment Case study   Business planning case study   65%  
  Appraisal report   Investment Appraisal   30%  
  Spreadsheet     5%  

Aims of the module

To introduce students to whole business planning techniques. These techniques will include business and personal aspects, uncertainty and risk analysis and business distress and failure.   Alternative structures for farming businesses will be examined. Investment analysis and appraisal will also be covered.

Learning outcomes

On completion of this module students will be able to

1.   Understand the requirements when planning farming businesses.

2.   Construct fully detailed farm business plans (including financial statements).

3.   Understand and appreciate the effects of different trading structures.

4.   Appreciate informational requirements of financial institutions in lending assessments.

5.   Appreciate the different techniques and resources available for planning.

6.   Understand and evaluate investment decisions.

Syllabus / Curriculum design

The object of this module is to introduce students to farm planning and advanced farm management techniques, uncertainty and risk analysis and business distress and failure. Alternative structures for farming will also be examined. Investment appraisal techniques will be investigated and assessed.

Reading Lists

Barnard A and Nix J. (1979) Farm planning and control. 2nd. CUP
(1992) Croner's Farm Business Management. Corner Publications, London
Dale B and Cooper C. (1992) Total quality and human resources. Blackwell
Hardmans J P. (2000) Hardmans tax rates and tables. CCH Publications
Paice D A. (1982) Critical path analysis basic techniques. Longman
(1995) Agricultural Budgeting and Costing Book No 41. Agro Business Consultants