AGRIBUS 2520WT - Agribusiness II
Waite Campus - Semester 2 - 2020
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General Course Information
Course Details
Course Code AGRIBUS 2520WT Course Agribusiness II Coordinating Unit School of Agriculture, Food and Wine Term Semester 2 Level Undergraduate Location/s Waite Campus Units 3 Contact Up to 5 hours per week Available for Study Abroad and Exchange Y Assumed Knowledge AGRIC 1510WT & AGRIC 1520WT Assessment Assignments, case studies, Examination Course Staff
Course Coordinator: Mr Darren Koopman
Course Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
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Learning Outcomes
Course Learning Outcomes
1 On successful completion of the course students should be able to:
calculate and record financial aspects of a farm business using a complex spreadsheet,2 demonstrate their understanding of farm financial analysis, including the influence of physical, financial and human resources, 3 discuss the key aspects of new products and enterprises possible for a farm business and how to choose a new enterprise, analyse its potential and integrate it into an existing business, 4 understand the need for careful management of a business' human resources 5 understand the process of recruitment both from the applicant's and employer's point of view 6 discuss the key aspects of industrial relations laws and processes as they apply to a rural business 7 discuss the pmpact of planning, decision making and risk taking on a farm business 8 explain the imperatives of productivity, improvement, innovation, and superior business management performance by farm managers 9 discuss key principles of production economics theory, and its relevance to management decision making 10 explain the key concepts of risk management including forward contracts, futures and hedging options, and the application of futures and options to 'over the counter' risk management products University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1,2 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
2,3 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
5 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
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Learning Resources
Required Resources
No specific text books are required for this course -
Learning & Teaching Activities
Learning & Teaching Modes
Lectures will be integrated with case study tutorials to achieve the learning outcomes of the courseWorkload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The course has five of teaching time per week allocated for lectures, tutorials, and practicals.Learning Activities Summary
Schedule Week 1 Introduction to the course, Agriculture, Business and Agribusiness, Cashflow management Week 2 The business planning process Week 3 Alternative business structures, Succession and Estate planning Week 4 Options for land use, information management, physical records Week 5 Gross margin budgets Week 6 Price risk management, allowing for risk and uncertainty Week 7 Financial records Week 8 Markets and marketing Week 9 Whole farm and development budgets Week 10 Business administration and information managemnt Week 11 Budgeting for change, partial budgeting Week 12 Financial Analysis, Business profitability, Financial performance indicators -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment Task Task Type Weighting Hurdle Learning Outcome Due Assignment Summative 10% No 1,2,9 Week 5 Case study report Formative and Summative 50% No 3,4,5 Week 12 Exam Summative 40% No 1-10 Exam Period Assessment Detail
Assessment Task Task Type Due Weighting Learning Outcome Assignment Summative Week 5
10% 1,2,9 Case study report Formative and Summative Week 12 50% 3,4,5 Exam Summative Exam Period 40% 1-10 Submission
Late Submission
If an extension is not applied for, or not granted then a penalty for late submission will apply. A penalty of 10% of the value of the assignment for each calendar day that the assignment is late (i.e. weekends count as 2 days), up to a maximum of 50% of the available marks will be applied. This means that an assignment that is 5 days late or more without an approved extension can only receive a maximum of 50% of the marks available for that assignment.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- International Student Support
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
- YouX Student Care - Advocacy, confidential counselling, welfare support and advice
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.
The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
