MGMT 201 Principles of Farm Management

15 Credits

0.125 EFTs



Introduction

MGMT 201 is the first in a series of ‘practical/professional' courses in farm management. It is a core course for three of Lincoln's prestigious degrees - the B.Com.(Agriculture), the B.Agr.Sci., and the B.Agr.

Lectures are combined with visits to an interesting variety of farms, to help students learn modern farm management principles in a ‘real world' context. Visits to both South and North Island farms give students a valuable overview of New Zealand farming systems and management techniques.

Students should complete at least eleven weeks of approved practical work on a farm, before enrolling in this class. The work is designed to complement the course matter in MGMT 202.

A wide range of interesting topics is taught through the semester. The ‘whole' farm is considered - the farmer, all farm resources (land, finance, etc.), and successful farm management techniques. Management theory is integrated with farming practice.

 

Topics

  • Introduction to farm management
  • Farm resources - land, labour, capital, technology and management
  • Farm management techniques
  • Inputs and production of New Zealand farms
  • Profit calculations for various farming enterprises
  • Preparation of annual cash budgets for farm businesses
  • Assessing the 'strengths' and 'weaknesses' of a farm property
  • Studies of the management and performance of the main types of farming systems in New Zealand.
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    Schedule and location

    Copies of the final timetable will be available at Registration.
    Semester one timetable block 2
     

    Prerequisite courses

    Five 100 level courses
     

    Recommended preparatory courses

    ANSC 105 or 121, MGMT 103, PLSC 104, SOSC 106
     

    Examinations

    Exam dates will be available at the end of week five in each semester. Until exam dates are advised, students should not plan to leave the University until the end of the exam period.
     

    Examiner

    Victoria Westbrooke, Faculty of Commerce
     

    Additional Notes

    A regional study tour is an integral part of this course. Participation in interdisciplinary studies is required.
     

    Apply to Study

    Page last updated on: 06/03/2012