No offerings have been identified for this subject in 2015
FIN526 Managing Commodity Prices (8)
Abstract|
With the escalating volatility of market prices and the resulting impact of business revenue, the need for agribusineses to manage price risk is becoming crucial to the sustainability of the agribusiness.
This is an applied subject that will allow students to develop skills in the management of commodity price, and exchange rate risk. Students will develop marketing strategies and utilise different management approaches through a simulation based on real life prices that change as the underlying market and seasonal conditions change. |
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+ Subject Availability Modes and Location
Continuing students should consult the SAL for current offering details prior to contacting their course coordinator: FIN526
Where differences exist between the handbook and the SAL, the SAL should be taken as containing the correct subject offering details.
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Subject information| Duration | Grading System | School: |
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| One session | HD/FL | School of Accounting and Finance |
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Assumed Knowledge| Given the specific nature of the subject content an understanding of key agricultural crop and livestock seasonal production cycles is assumed. |
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Enrolment restrictions|
Master of Agricultural Business Management students only. If other Postgraduate Coursework students are interested please liaise with your Course Manager in the first instance. |
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Learning OutcomesUpon successful completion of this subject, students should:
- be able to demonstrate an understanding of international and domestic agricultural commodity, exchange rate and capital markets;
- be able to decsribe the interaction between price and production and how this can impact business revenue;
- be able to evaluate the forces within these markets and assess their likely impact on the agribusiness;
- be able to implement a range of price management strategies that satisfy price objectives;
- be able to utilise various price management tools available to price managers that protect producers from the volatility of price movements;
- be able to demonstrate an understanding of the linkages between the various capital markets. |
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SyllabusThe subject will cover the following topics:
- An Introduction into Financial Markets
- Production and Price Objectives
- Deriving the key Components of a Local Commodity price
- Developing a Marketing Outlook
- Pricing Alternatives
- Key Derivative Instruments
- Implementing Strategy
- Amending Strategy
- Benchmarking |
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The information contained in the 2015 CSU Handbook was accurate at the date of publication: 01 October 2015. The University reserves the right to vary the information at any time without notice.
