AGB450 Agribusiness Decision Analysis (8)
CSU Discipline Area: Agribusiness/Farm Management (AGFAR)
Duration: One session
Abstract:
A subject aimed at the application of financial business management, economic and risk management principles to decision making in agribusinesses systems. Major areas of study include: agribusiness management and decision making principles; managing risk and decision making under uncertainty; historical and projected agribusiness financial analysis; benchmarking & best practise analysis; analysing and acquiring capital resources; and accounting for sustainability and environmental agribusiness assets.
+ Subject Availability Modes and Locations
| Session 2 | |
|---|---|
| Internal | Orange |
| Distance | Wagga Wagga |
Continuing students should consult the SAL for current offering details: AGB450
Where differences exist between the Handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
Prerequisite(s):
AGB233 or (AGB125 and AHT231 )
Objectives:
Upon successful completion of this subject, students should:
- be able to demonstrate how to develop and apply basic principles of management & decision making in relation to agribusiness;
- be able to demonstrate how to develop and apply principles of historical and projected performance analysis for agribusinesses;
- be able to carry out benchmarking & best practise analysis of individual agribusiness and understand industry expectations, including the consideration of environmental assets and agribusiness sustainability.
- be able to demonstrate how to carry out formal procedures of capital investment appraisal in agriculture and be able to interpret the answers of these analyses;
- be able to identify the sources of risk to an agribusiness and their management implications;
- be able to apply techniques for the assessment of risk and develop strategies to enhance decision making under uncertainty;
Syllabus:
The subject will cover the following topics:
- Agribusiness System Performance Analysis - Comparative analysis and an introduction to productivity and efficiency analysis - Agribusiness Decision Making and Risk - Activity and innovation analysis; and agribusiness activity optimisation - Capital Investment Appraisal - Analysing and accounting for Risk in Decision Analysis
The information contained in the 2013 CSU Handbook was accurate at the date of publication: 24 April 2013. The University reserves the right to vary the information at any time without notice.