Academics

FARM BUSINESS MANAGEMENT


Award: Diploma / 60 Credits
Location: One on one instructions at student's farm  
Program Starts: Fall
Course Plan: Six Year



Do you want to harvest a more successful business?

This personalized program is designed to help working farmers improve business operations. Learning more about agriculture and applying it directly to your farm is the best way to maintain your competitive edge. Our highly-qualified, licensed instructors provide practical training in; accounting, budgeting, finance, tax management, business analysis and marketing plus helping chart business trends. Instructors will come to your farm to work directly with all members of the family who participate in business operations. This is a very effective method for problem solving and helping you meet business and personal goals.

The Enterprise Management element of this program includes an annual analysis to point out strengths and target the best ways to improve business and generate new profit. Look forward to results that optimize production, control costs and improve your business management skills.

We make flexibility and accessibility top priorities in order to accommodate busy farm schedules and this program uses technology that fits the way you conduct day-to-day business operations. Occasional classroom sessions along with farm tours and field trips can be scheduled with your instructor and feedback from participants have been extremely positive. Another advantage is easy access to instructors by phone, fax and e-mail to get information about their farm business and management issues. This comprehensive Farm Business Management Education Program helps you plan for tomorrow and can lead to significant benefits.

Are you eligible to enroll? Students must be farm business operators or managers or must secure the consent of an instructor.

Note: Farm Business Management Education Program is a credit-based program of the Minnesota State Colleges and Universities system. Most Instructors are members of the National Farm and Ranch Business Management Education Association, Inc. and other professional organizations.

 
Request information today about Farm Business Management!
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Farm Business Management Diploma was last updated on 03/16/2011
Note: This is an unofficial document that should be used for planning purposes only. Course listings are provided only as a guideline and may be changed.

Course Sequence Example Plan - Six Year

Fall Semester - First Year
Course # Course Title Credits
FBMT1211
Introduction to Farm Business Management
This course introduces basic farm business management concepts. Students study the farm management planning cycle and develop an understanding of its relationship to family and farm business goal setting, cash and enterprise accounting principles, and tax planning.(4 Cr - lect, 0 lab)
4.00
FBMT2210
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - First Year
Course # Course Title Credits
FBMT1112
Foundation for Farm Business Management
This course is an overview of the Farm Business Management Program. Goal setting, self and business assessment, record keeping, and business projections to provide the foundation for personal and business management progress are introducted. Current issues affecting business management are an integral part of the course.(4 Cr - 4 lect, 0 lab)
4.00
FBMT2200
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Fall Semester - Second Year
Course # Course Title Credits
FBMT1121
Preparation for Farm Business Management
This course will take the student through a step by step procedure to close out a complete year of farm business records. This course will emphasize cash and liabilities accuracy. A completed business and enterprise analysis will be the course focus. Prereq: None. (4Cr - 0 lect, 0 lab, 4 other)
4.00
FBMT2211
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - Second Year
Course # Course Title Credits
FBMT1122
Implementing the System Management Plan
This course continues to build on the foundation of farm business management. The student completes a farm business financial and enterprise analysis. Sound financial record keeping is an integral component. (4 Cr - 4 lect, 0 lab)
4.00
FBMT2220
Special Topics - Crops
This course focuses on an analysis of special topics in crop production. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Fall Semester - Third Year
Course # Course Title Credits
FBMT1131
Managing and Modifying Farm System Data
This course prepares students to refine farm business data system and assist in applying year-end procedures for farm business analysis. Students improve accuracy in farm enterprise analysis, tax planning, data filing, and cash and liabilities checks. (4 Cr - 4 lect, 0 lab)
4.00
FBMT2212
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - Third Year
Course # Course Title Credits
FBMT1132
Interpreting and Using Farm System Data
This course provides an opportunity for the students to view the farm business and its various components through the application of farm and personal balance sheets. Farm, personal, and managerial inventories, enterprise reports and historical data are also covered. (4 Cr - 4 lect, 0 lab)
4.00
FBMT2201
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Fall Semester - Fourth Year
Course # Course Title Credits
FBMT2141
Interpreting and Evaluating Financial Data
This course expands on preparation and evaluation of the farm business analysis. This course provides continued guidance and improvement of business record close-out procedures, the tax implications of management decisions, and guidance on monitoring a farm business and family.(4 Cr - 4 lect, 0 lab)
4.00
FBMT2213
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - Fourth Year
Course # Course Title Credits
FBMT2142
Interpreting Trends
This course examines the whole farm including enterprise, balance sheet, and inventory trends. Current analysis data is compared to historical data in making farm business planning decisions. Financial ratios are used to indicate the farm financial structure. (4 Cr - 4 lect, 0 lab)
4.00
FBMT2202
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Fall Semester - Fifth Year
Course # Course Title Credits
FBMT2151
Strategies in Farm System Data Management
This course helps the student focus on long term strategies necessary to maintain and enhance the farm business and personal future financial goals. The student completes the year by developing an accurate, usable business analysis.(4 Cr - 4 lect, 0 lab)
4.00
FBMT2230
Special Topics - Livestock
This course focuses on an analysis of special topics in livestock. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - Fifth Year
Course # Course Title Credits
FBMT2152
Integrating System Information for Financial Planning
This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data enhances the reliability of the farm plan. The comprehensive farm plan integrates historical trends, farm and personal goals, and financial and enterprise performance of the farm business.(4 Cr - 4 lect, 0 lab)
4.00
FBMT2203
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Fall Semester - Sixth Year
Course # Course Title Credits
FBMT2161
Strategies in Farm System Data Management
This course assists student in preparation of improved farm system management procedures. Students evaluate and analyze several years of an improved farm system analysis.(4 Cr - 4 lect, 0 lab)
4.00
FBMT2214
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Spring Semester - Sixth Year
Course # Course Title Credits
FBMT2162
Refining Farm System Management
This course is the culmination of activities designed to enable the student to develop and implement a comprehensive farm business strategic plan. The student will use the components of the Farm Business Management Program to develop and support a farm business strategic plan. Prereq: None. (4Cr - 0 lect, 0 lab, 4 other)
4.00
FBMT2204
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
1.00
Total 5.00
Estimated Tuition
60 cr  x  $184.00 = $11,040.00 
Books: contact program advisor 
Other Costs: contact program advisor 

Financial Aid:

Scholarships:

 

Tuition & Fees:

 

Program Graduate Outcomes

Upon completion of this program, the graduate will:
  • Demonstrate effective oral and written communications with respect for diversity of culture, age and gender in business situations.
  • Create, maintain and analyze accurate business records for farming operations.
  • Maintain collaborative business relationships.
  • Exercise ethical and legal guidelines to resolve business issues.
  • Integrate technological applications appropriate to current business needs.
  • Apply principles of Farm Business management to a farm operation.
  • Develop an effective strategy for estate planning.
  • Interpret and utilize farm business analysis data in decision making.

Farm Business Management Faculty & Advisors

1-800-247-5039 / Directory

We are interested in your feedback. Do you have a question, suggestion or comment? If so, please fill out the form below. Your message will be forwarded to the appropriate person at Riverland. Thank you!
ALBERT LEA CAMPUS
2200 Riverland Dr.
Albert Lea, MN 56007
507-379-3300
AUSTIN CAMPUS
1900 8th Avenue NW
Austin, MN 55912
507-433-0600
OWATONNA COLLEGE & UNIVERSITY CENTER
965 Alexander Drive SW
Owatonna, MN 55060
507-455-5880
Required Core Courses (48 Credits)
Course ## Name
Credits
Course Outline
FBMT1112
Foundation for Farm Business Management
This course is an overview of the Farm Business Management Program. Goal setting, self and business assessment, record keeping, and business projections to provide the foundation for personal and business management progress are introducted. Current issues affecting business management are an integral part of the course.(4 Cr - 4 lect, 0 lab)
4.00 FBMT1112
FBMT1121
Preparation for Farm Business Management
This course will take the student through a step by step procedure to close out a complete year of farm business records. This course will emphasize cash and liabilities accuracy. A completed business and enterprise analysis will be the course focus. Prereq: None. (4Cr - 0 lect, 0 lab, 4 other)
4.00 FBMT1121
FBMT1122
Implementing the System Management Plan
This course continues to build on the foundation of farm business management. The student completes a farm business financial and enterprise analysis. Sound financial record keeping is an integral component. (4 Cr - 4 lect, 0 lab)
4.00 FBMT1122
FBMT1131
Managing and Modifying Farm System Data
This course prepares students to refine farm business data system and assist in applying year-end procedures for farm business analysis. Students improve accuracy in farm enterprise analysis, tax planning, data filing, and cash and liabilities checks. (4 Cr - 4 lect, 0 lab)
4.00 FBMT1131
FBMT1132
Interpreting and Using Farm System Data
This course provides an opportunity for the students to view the farm business and its various components through the application of farm and personal balance sheets. Farm, personal, and managerial inventories, enterprise reports and historical data are also covered. (4 Cr - 4 lect, 0 lab)
4.00 FBMT1132
FBMT1211
Introduction to Farm Business Management
This course introduces basic farm business management concepts. Students study the farm management planning cycle and develop an understanding of its relationship to family and farm business goal setting, cash and enterprise accounting principles, and tax planning.(4 Cr - lect, 0 lab)
4.00 FBMT1211
FBMT2141
Interpreting and Evaluating Financial Data
This course expands on preparation and evaluation of the farm business analysis. This course provides continued guidance and improvement of business record close-out procedures, the tax implications of management decisions, and guidance on monitoring a farm business and family.(4 Cr - 4 lect, 0 lab)
4.00 FBMT2141
FBMT2142
Interpreting Trends
This course examines the whole farm including enterprise, balance sheet, and inventory trends. Current analysis data is compared to historical data in making farm business planning decisions. Financial ratios are used to indicate the farm financial structure. (4 Cr - 4 lect, 0 lab)
4.00 FBMT2142
FBMT2151
Strategies in Farm System Data Management
This course helps the student focus on long term strategies necessary to maintain and enhance the farm business and personal future financial goals. The student completes the year by developing an accurate, usable business analysis.(4 Cr - 4 lect, 0 lab)
4.00 FBMT2151
FBMT2152
Integrating System Information for Financial Planning
This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data enhances the reliability of the farm plan. The comprehensive farm plan integrates historical trends, farm and personal goals, and financial and enterprise performance of the farm business.(4 Cr - 4 lect, 0 lab)
4.00 FBMT2152
FBMT2161
Strategies in Farm System Data Management
This course assists student in preparation of improved farm system management procedures. Students evaluate and analyze several years of an improved farm system analysis.(4 Cr - 4 lect, 0 lab)
4.00 FBMT2161
FBMT2162
Refining Farm System Management
This course is the culmination of activities designed to enable the student to develop and implement a comprehensive farm business strategic plan. The student will use the components of the Farm Business Management Program to develop and support a farm business strategic plan. Prereq: None. (4Cr - 0 lect, 0 lab, 4 other)
4.00 N/A

Electives (12 FBMT Electives)
Course ## Name
Credits
Course Outline
FBMT2200
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2200
1.00
FBMT2200
FBMT2201
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2201
1.00
FBMT2201
FBMT2202
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2202
1.00
FBMT2202
FBMT2203
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2203
1.00
FBMT2203
FBMT2204
Special Topics - General Farm Management
This course focuses on an analysis of special topics in general farm management. It is designed for students actively engaged in the operation and management of a farm business in order to assist in improving the operation.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2204
1.00
FBMT2204
FBMT2210
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2210
1.00
FBMT2210
FBMT2211
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2211
1.00
FBMT2211
FBMT2212
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2212
1.00
FBMT2212
FBMT2213
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2213
1.00
FBMT2213
FBMT2214
Special Topics - Marketing
This course focuses on an analysis of special topics in marketing. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2214
1.00
FBMT2214
FBMT2220
Special Topics - Crops
This course focuses on an analysis of special topics in crop production. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2220
1.00
FBMT2220
FBMT2230
Special Topics - Livestock
This course focuses on an analysis of special topics in livestock. It is designed for students actively engaged in the operation and management of a farm business. Students utilize and evaluate personal and business goals and plans.(1 Cr - 1 lect, 0 lab)
Course Outline FBMT2230
1.00
FBMT2230

Farm Business Management (DIP) Program Curriculum was last updated on 03/16/2011

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