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Introduction to AgribusinessLaajuus (5 cr)

Code: 9A00CY10

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Qualifications

None

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Materials

Kay, R. D., Edwards, W. M., Duffy, P. A. (2011 or newer edition). Farm management. McGraw Hill. (partly)

Enrollment

11.11.2024 - 15.01.2025

Timing

07.01.2025 - 21.02.2025

Credits

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • Open University of Applied Sciences
Teachers
  • Marjo Latva-Kyyny
Scheduling groups
  • A-ryhmä (Size: 0. Open UAS: 0.)
  • B-ryhmä (Size: 0. Open UAS: 0.)
Student groups
  • AGRO24
    Bachelor of Natural Resources, Agriculture and Rural Enterprises
Education groups
  • A-group
  • B-group

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. as applicable
www.luke.fi/taloustohtori
Material produced and compiled by the teacher

Teaching methods

Classroom teaching, individual and group assignments, independent work

Exam schedules

The exam is in the last classroom teaching session.

Student workload

135 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Assessment methods and criteria

Exam, approved individual and group assignments,

Qualifications

None

Enrollment

22.04.2024 - 13.10.2024

Timing

07.10.2024 - 18.12.2024

Credits

5 op

Virtual proportion (cr)

4.5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • Open University of Applied Sciences
Teachers
  • Marjo Latva-Kyyny
Scheduling groups
  • Avoin AMK (Ei koske tutkinto-opiskelijaa) (Size: 50. Open UAS: 50.)
Student groups
  • MAGRO24
    Bachelor of Natural Resources
Education groups
  • Open UAS (Doesn't apply to degree student)

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. as appicable
www.luke.fi/taloustohtori
Material produced and compiled by the teacher

Teaching methods

Teaching includes time-bound online teaching. Online lectures, independent assignment and group work. The exam is at the school (week 49).

Exam schedules

The exam is in week 49 at school. It is also possible to take the exam in Exam mode.

Completion alternatives

Student has a possibility for employment integrated learning if the student is in a workplace where there are similar contents in the work assignments. Through the recognition of competence, previous similar studies can be taken into account. To be agreed with the teacher.

Student workload

Total study hours 135h
Online lectures, independent assignment and group work

Further information

No prior knowledge is required.

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Assessment methods and criteria

Exam, approved individual and group assignments

Qualifications

None

Enrollment

17.04.2023 - 11.10.2023

Timing

23.10.2023 - 17.12.2023

Credits

5 op

Virtual proportion (cr)

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
Teachers
  • Marjo Latva-Kyyny
Student groups
  • MAGRO23
    Bachelor of Natural Resources

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. s. 1-96.
Ryhänen & Laitila 2012. Yhteistyö ja resurssit maitotiloilla. Seinäjoen amk:n julkaisusarja B: s.17-125.
www.luke.fi/taloustohtori
Material produced and compiled by the teacher

Teaching methods

Teaching includes time-bound online teaching. The exam is at the school.

Exam schedules

Exam at the last lesson

Completion alternatives

Student has a possibility for employment integrated learning if the student is in a workplace where there are similar contents in the work assignments. Through the recognition of competence, previous similar studies can be taken into account. To be agreed with the teacher.

Student workload

Total study hours 135h
Online lectures, independent assignment and group work

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Assessment methods and criteria

Exam, approved individual and group assignments

Qualifications

None

Enrollment

28.08.2023 - 10.09.2023

Timing

23.10.2023 - 15.12.2023

Credits

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
Teachers
  • Marjo Latva-Kyyny
Responsible person

Marjo Latva-Kyyny

Student groups
  • AGRO23
    Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • AGRO23A
    Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • AGRO23B
    Bachelor of Natural Resources, Agriculture and Rural Enterprises

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. s. 1-96.
Ryhänen & Laitila 2012. Yhteistyö ja resurssit maitotiloilla. Seinäjoen amk:n julkaisusarja B: s.17-125.
www.luke.fi/taloustohtori
Material produced and compiled by the teacher

Teaching methods

Classroom teaching

Exam schedules

The exam is in the last classroom teaching session.

Student workload

135 h

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Assessment methods and criteria

Exam, approved individual and group assignments,

Qualifications

None

Enrollment

29.08.2022 - 30.09.2022

Timing

24.10.2022 - 16.12.2022

Credits

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
Teachers
  • Marjo Latva-Kyyny
Student groups
  • AGRO22A
  • AGRO22B

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Qualifications

None

Enrollment

16.04.2022 - 12.10.2022

Timing

29.08.2022 - 18.12.2022

Credits

5 op

Virtual proportion (cr)

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
Teachers
  • Marjo Latva-Kyyny
Student groups
  • MAGRO22
  • MAAYR22
    Introduction to Agribusiness

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Materials

Kay, Edwards & Duffy 2008. Farm Management. McGraw-Hill. s. 1-96.
Ryhänen & Laitila 2012. Yhteistyö ja resurssit maitotiloilla. Seinäjoen amk:n julkaisusarja B: s.17-125.
www.luke.fi/taloustohtori
Material produced and compiled by the teacher

Teaching methods

Contact teaching, individual assignments and group assignments, independent work

Completion alternatives

Student has a possibility for employment integrated learning if the student is in a workplace where there are similar contents in the work assignments. Through the recognition of competence, previous similar studies can be taken into account. To be agreed with the teacher.

Student workload

Total study hours 135h
Lectures, online lectures, independent assignment and group work

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Assessment methods and criteria

Exam, approved individual and group assignments, and active participation in lessons

Qualifications

None

Enrollment

19.04.2021 - 09.01.2022

Timing

03.01.2022 - 30.04.2022

Credits

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • Open University of Applied Sciences
Teachers
  • Marjo Latva-Kyyny
Responsible person

Jukka Kauppila

Student groups
  • AGRO21A

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Qualifications

None

Enrollment

19.04.2021 - 09.01.2022

Timing

03.01.2022 - 29.04.2022

Credits

5 op

Teaching languages
  • Finnish
Degree programmes
  • Bachelor of Natural Resources, Agriculture and Rural Enterprises
  • Open University of Applied Sciences
Teachers
  • Marjo Latva-Kyyny
Responsible person

Jukka Kauppila

Student groups
  • AGRO21B

Objective

The student can
- basic concepts and key elements of the agricultural business economy.
- explain the main functions and principles of the agricultural enterprise on which the farm is managed.
- explain the link between resource efficiency and company performance.
- justify the importance of the farmer for the success of the farm.
- to prepare the basic calculations necessary for the management of the farm.
- utilize the materials of Luke's Economis

Content

Basic concepts of agricultural business economy, ,margin, profit and balance sheet calculations.
Farm management and decision-making basics
Profitability Accounting, Profitability Research Concept and Reporting System, and FADN Results for EU Countries

Evaluation scale

1-5

Assessment criteria, satisfactory (1)

The student receives a grade of 1 or 2, when he understands the basics of agricultural business in a satisfactory and supervision.The student is able to calculate the income, balance sheet and profitability calculations and understand the MTT Economics PhD basics of farming profitability of the company's accounting satisfactorily.

Assessment criteria, good (3)

The student understands the basics of agricultural business very well and is able to calculate the income, balance sheet and profitability calculations independently and understand the MTT Economics PhD basics of farming profitability of the company's accounting records as well.

Assessment criteria, excellent (5)

The student masters the basics of agricultural business economics very well, and is able to calculate the income, balance sheet and profitability calculations independently and versatile. He understands the MTT Economics PhD or agricultural enterprise profitability bookkeeping

Qualifications

None