Course Outcome Summary 2026-27

FBMA 2201 Directed Studies-Current Issues in Farm Business Management

Course Information

Course information
Course Number FBMA 2201
Course Title Directed Studies-Current Issues in Farm Business Management
Description This course assists students to further develop their skills in business management. It provides an opportunity for students to identify current issues, maintain the financial and enterprise database, and generate financial statements, business analyses, and financial projections required for risk management planning, strategic management planning, and farm business plan development. This data also provides the basis for commodity market planning and tax management planning. Emphasis is placed on the development and maintenance of farm business data, reports, and plans.
Total Credits 5
Total Hours 20
Types of Instruction: instruction type, credits, and hours
Instruction Type Credits and Hours
Individualized 1-5 Credits, 4-20 Hours

Pre/Corequisites

Prerequisite: None, however recommended in sequence with FBMA 2200

Course Competencies

  1. Identify the current issues.
  2. Define related terminology.
  3. Explain concepts of topic.
  4. Apply current issue to business.
  5. Analyze the effects of current issue on your business.
  6. Identify steps of the implementation plan.
  7. Analyze historic data and/or rationale of changes.
  8. Identify strengths and weaknesses of business.
  9. Develop strategic plans or goals.
  10. Develop tax management plan.
  11. Maintain current accurate farm business records and accounts.
  12. Develop short term implementation plan.
  13. Develop long term implementation plan.
  14. Analyze current financial statement to determine feasibility.
  15. Predict the effects of the current issue to financial statements.

SCC Accessibility Statement

South Central College strives to make all learning experiences as accessible as possible. If you have a disability and need accommodations for access to this class, contact the Academic Support Center to request and discuss accommodations.

North Mankato: Room B-132, (507) 389-7222; Faribault: Room A-116, (507) 332-7222.

Additional information and forms can be found at: southcentral.edu/disability

This material can be made available in alternative formats by contacting the Academic Support Center at 507-389-7222.