MGMT 025
Farm Management Systems B
Course overview
Cultivate your knowledge of the principles of financial management in agriculture, looking at investment analysis, land purchase, debt servicing and accounting, with an introduction to specific pastoral and arable systems in New Zealand agriculture.
Course information
| Prerequisites and Restrictions | You must satisfy the following requirement(s):
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|---|---|
| Available semesters | Semester 2 2024 |
| Credits | 15 |
| Domestic fees | $960.00 |
What you will learn
After successfully completing this course, you’ll be able to:
- Understand hill country and light land, beef, goat, deer, dairy, arable and forestry systems involved in Aotearoa New Zealand agriculture, as well as the products produced and the marketing options for these
- Show an understanding of budgeting, investment analysis, recording and financial accounting systems used in agriculture, and have the ability to analyse this management
- Know the processes involved, and determine the best options for purchasing (or developing/diversifying) and financing an agricultural business
- Observe, record, interpret and analyse physical and financial data for a farm or similar
- Prepare and analyse basic cash budgets and cash flow statements for agricultural enterprises, taking into account the management system, physical resources and production, and prepare an investment analysis to determine the viability
- Present written reports describing various enterprises and management systems, their funding arrangements, and financial management.
Course examiners
