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Agribusiness ManagementLaajuus (5 cr)

Code: LM00CC17

Credits

5 op

Teaching language

  • Finnish

Responsible person

  • Kaisa Kinnunen

Objective

Purpose of the course:

Nothing happens without decisions. After this course, you will be able to look at financial problems and make business decisions. You will be able to plan, organise, control and manage a bioeconomy business. You will be able to use ratios and calculations to manage the business.

Course competences:
Business skills:
-be able to plan, implement, develop and manage a bioeconomy business
Workplace skills:
-be able to act professionally in workplace communication and interaction situations
-understand the complexity of a changing working life and have resilience in changing working life situations
-you will have the ability to work in an entrepreneurial way
Proactive development:
-can apply existing knowledge in the field and use research and development methods in development
-can search for customer-oriented, sustainable and economically viable solutions, anticipating the future of your sector
Sustainable development:
-be able to use knowledge relevant to your field to identify, implement and consolidate sustainable solutions and approaches.

Learning objective of the course:

After completing this course, you will be able to plan, organise, control and manage a bioeconomy enterprise in the short and long term. You will be able to solve financial problems and make decisions in a logical and systematic way. You will be able to gather information on options, analyse, interpret and make decisions. You will be able to plan investments and financing of a company. You can manage the processes and finances of a company and are familiar with the principles of human resources management. You can take into account quality, environmental and social responsibility requirements. You know the risks associated with business activities and how to manage them.

Content

- strategic and operational management of the company
- performance analysis and financial ratios
- development of production processes
- improving productivity and efficiency
- LEAN management
- investment planning and profitability calculation
- financial planning
- budgeting
- human resources management
- quality management, corporate social responsibility and environmental management
- risk management

Qualifications

Basics of agricultural accounting and taxation
Basics of farm profitability and cost accounting

Assessment criteria, satisfactory (1)

Intermediate 1:
You are familiar with the concepts and methods of strategic and operational management. You are familiar with productivity and economic indicators and can compile and analyse related data in a guided manner and draw conclusions from the results. You will be familiar with methods for calculating the profitability of investments and be able to perform profitability calculations on investments in a guided manner. You will be able to budget and plan financing in a guided manner. Knowledge of the principles of human resource management. You can take into account quality, environmental and social responsibility requirements. You know the risks associated with business activities and how to manage them.

Satisfactory 2:
You know the concepts and methods of strategic and operational management and can apply them in practice. You are familiar with productivity and economic indicators and are able to collect and analyse related data and draw conclusions from the results. You will be familiar with methods for calculating the profitability of investments and be able to carry out profitability calculations for investments. You know how to budget and plan financing. You know the principles of human resources management. You can take into account quality, environmental and social responsibility requirements. You know the risks of doing business and how to manage them

Assessment criteria, good (3)

Good 3:
You know the concepts and methods of strategic and operational management and can apply them in practice independently. You are familiar with productivity and economic indicators and can independently collect and analyse related data and draw conclusions from the results. Knowledge of methods of calculating the profitability of investments and the ability to carry out independently the calculation of the profitability of investments. You will be able to budget and plan financing. You will be familiar with the key principles of human resource management. You can take into account quality, environmental and social responsibility requirements. You know the risks of doing business and how to manage them and apply them in practice.

Excellent 4:
You are familiar with the concepts and methods of strategic and operational management and can apply them in practice independently. You can calculate productivity and financial ratios and can independently collect and analyse related data and draw conclusions from the results. You will be familiar with the methods of calculating the profitability of investments and will be able to perform profitability calculations on investments independently. You will be able to prepare budgets in a variety of planning situations and plan financing. You will be familiar with the key principles of human resource management. You can take into account quality, environmental and social responsibility requirements. You are familiar with quality and risk management methods and can apply them in practice.

Assessment criteria, excellent (5)

Excellent 5:
You are familiar with the principles and methods of strategic and operational management and can apply them independently. You can calculate productivity and financial ratios and can independently collect and analyse related data and draw conclusions from the results. You will have a good command of methods of calculating the profitability of investments and be able to carry out independently the calculation of the profitability of investments and critically assess their feasibility. You will be able to prepare budgets in a variety of planning situations and plan financing. You will master the key principles of human resource management. You can take into account quality, environmental and social responsibility requirements. You are familiar with quality and risk management methods and can apply them in practice.