Study Guide

Objective

The student is familiar with the biological, technical and economic interests of agricultural production planning. He is capable of organizing agricultural business as a whole, with the best possible economic outcome. The student is able to prepare the farm's financial plans and is able to utilize them in the management of an agricultural enterprise. The student is able to perceive the significance of changes in the operating environment and how the changes affect the preparation of financial plans, risk management and the choices the farmer makes. As a result, the student will acquire the ability to develop high-quality financial plans.

Content

Students set goals with the teacher and farmer. He charts the resources of the farm, evaluates the values of the assets, looks at production opportunities, learns the use of design methods, prepares production and financial plans for the farm, determines the profitability and liquidity of production alternatives, and interprets the results. He is also familiar with the opportunities and constraints imposed by EU support policies and how they affect the design of economic plans and the farmer's choices.

Materials

Kay, Edwards & Duffy 2019. Farm Management. McGraw-Hill. Olson 2004. Farm Management: Principles and Strategies. Blackwell Publishing Company. Iowa State Press. Ryhänen & Laitila 2012. Yhteistyö ja resurssit maitotiloilla. Verkostomaisen yrittämisen lähtökohtia ja edellytyksiä. Seinäjoen ammattikorkeakoulun julkaisusarja B. Raportteja ja selvityksiä 59. p. 91-151. Ryhänen, M. & Närvä, M. (eds.) 2019. Kokonaisvaltaisella johtamisella kannattavuutta maidontuotantoon. Seinäjoen ammattikorkeakoulun julkaisusarja A. Tutkimuksia 31: 1-178. Ryhänen & Sipiläinen (eds.) 2018. Maatalousyrityksen johtaminen ja tuotannon suunnittelu.

Teaching methods

Lessons, team working, collaborative learning.

Employer connections

The whole-farm planning is made to actual farm firms. The students act in the active interaction with the farmers. The teacher supports the students in this work. The students draw up a written report to the farmers.

Student workload

About 120 hours of class working and about 150 hours of independent learning.

Evaluation scale

1-5

Assessment criteria, approved/failed

Assessment: Passed /failed
The student is able to modify his /her knowledge and plan so that he /she can manage production and economic operations optimally. He /she is able to reflect and asses his /her own actions and learning during the learning process.

Qualifications

Basics in agribusiness, Agricultural production economics, Management and decision making