FBMT 2152 Integrating System Information for Financial Planning
Course Information
| Course Number | FBMT 2152 |
|---|---|
| Course Title | Integrating System Information for Financial Planning |
| Description | This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data will enhance the reliability of the farm plan. The comprehensive farm plan will integrate historical trends, farm and personal goals, and financial and enterprise performance of the farm business. (Prerequisites: None) |
| Total Credits | 4 |
| Total Hours | 16 |
| Instruction Type | Credits and Hours |
|---|---|
| Individualized | 4 Credits, 16 Hours |
Pre/Corequisites
None
Institutional Core Competencies
- Critical and Creative Thinking - Students will be able to demonstrate purposeful thinking with the goal of using a creative process for developing and building upon ideas and/or the goal of using a critical process for the analyzing and evaluating of ideas.
Course Competencies
- Incorporate a risk management plan.
- Develop farm business exit strategies.
- Develop an investment plan for retirement.
- Develop enterprise budgets by using trend data.
- Compare long-range farm business plan options.
- Review farm business, family and personal goals.
- Review financial plans as required by farm business needs.
- Develop a business needs assessment by investigating trend data.
- Analyze income statements.
- Identify individual enterprise performance.
- Incorporate individual enterprise performance into the farm business.
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.