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AEA503Agricultural Sciences3 Unitsintermediate

Advanced Agribusiness Management

This course provides an in-depth exploration of advanced agribusiness management principles and practices. It covers key areas such as financial statement analysis, marketing management, and agricultural finance. Students will learn to apply management principles to crop and animal production, understand the economics of agricultural processing, and analyze farm business performance. The course also examines the time value of money and various aspects of agribusiness loans, preparing students for effective decision-making in the agricultural sector.

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156h
Study Time
13
Weeks
12h
Per Week
basic
Math Level
Course Keywords
Agribusiness ManagementAgricultural FinanceMarketing ManagementFarm EconomicsFinancial Analysis

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Agribusiness

2

Management Principles

3

Farm Financial Statements

4

Marketing Management

5

Agricultural Finance

6

Agricultural Processing

7

Economics of Size

Total Topics7 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Farm Manager

Apply your skills in this growing field

Agribusiness Consultant

Apply your skills in this growing field

Agricultural Loan Officer

Apply your skills in this growing field

Marketing Manager

Apply your skills in this growing field

Agricultural Economist

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

Agricultural ProductionFood ProcessingAgricultural FinanceAgricultural MarketingGovernment Agencies

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Agriculture and Business

4h

Unit 1: Meaning of Agriculture and Business

4 study hours
  • •Define agriculture, business, and agribusiness.
  • •Describe the origin of agribusiness.
  • •Differentiate forms of business organizations.
  • •State the characteristics of agricultural products.
Week
2

Module 1: Agriculture and Business

4h

Unit 2: Nature of Agricultural Products

4 study hours
  • •Explain the nature of agricultural products.
  • •Discuss the implications of the nature of agricultural products on transportation, demand, and supply.
  • •Differentiate between agricultural products and products from other sectors.
Week
3

Module 1: Agriculture and Business

4h

Unit 3: Meaning, Importance and Dimensions of Agribusiness

4 study hours
  • •Define agribusiness.
  • •Describe the origin of agribusiness.
  • •Discuss the sectors and dimensions of agribusiness.
  • •State the importance of agribusiness.
Week
4

Module 1: Agriculture and Business

4h

Unit 4: Scope of Agribusiness

4 study hours
  • •Explain the general scope of agribusiness.
  • •Describe the scope of agribusiness in Nigeria.
  • •Identify investment opportunities in agribusiness in Nigeria.
  • •Identify determinants of successful agribusiness in Nigeria.
Week
5

Module 2: Management Principles and Agribusiness

4h

Unit 1: Concepts of Management and its Elements

4 study hours
  • •Define management.
  • •List the elements of management.
  • •Explain the concept of management.
  • •State the features of agri-business management.
Week
6

Module 2: Management Principles and Agribusiness

4h

Unit 2: Planning Function of Management

4 study hours
  • •Define planning.
  • •State the importance of planning.
  • •Identify the types of planning.
  • •Explain the planning process.
Week
7

Module 2: Management Principles and Agribusiness

4h

Unit 3: Organisation and Staffing

4 study hours
  • •Explain the meaning of organization and staffing.
  • •State the purpose of organization.
  • •Mention and explain the functions of organizer.
  • •State the modes of recruiting staff and selection process.
Week
8

Module 2: Management Principles and Agribusiness

4h

Unit 4: Directing Function of Management

4 study hours
  • •Define the direction function of management.
  • •Describe the components of direction.
  • •List features of order and importance of leadership.
Week
9

Module 2: Management Principles and Agribusiness

4h

Unit 5: Co-ordination, Communication and Control

4 study hours
  • •Explain the co-ordination function of management.
  • •State the principles of creating conducive working climate.
  • •Describe the importance of communication in an organization.
  • •Discuss the role of control in achieving organizational objectives.
Week
10

Module 2: Management Principles and Agribusiness

4h

Unit 6: Principles of Management

4 study hours
  • •State the principles of management.
  • •Apply the principles on agribusiness enterprise.
Week
11

Module 2: Management Principles and Agribusiness

4h

Unit 7: Application of Management principles in Agribusiness

4 study hours
  • •Apply management principles in various agribusinesses.
  • •Differentiate forms of integration and their differences.
  • •Explain the limitations of vertical integration in agriculture in Nigeria.
Week
12

Module 3: Analysis of Farm Financial Statement

8h

Unit 1: Meaning and Importance of Farm Records and Accounts

4 study hours
  • •Explain the meaning of farm records.
  • •State the purpose of record keeping in agribusiness.
  • •List types and records in agribusiness.

Unit 2: Farm Assets and Valuations

4 study hours
  • •Define the assets valuation.
  • •Explain the methods of assets valuation.
Week
13

Module 3: Analysis of Farm Financial Statement

4h

Unit 3: Meaning and Importance of Depreciation

4 study hours
  • •Write the meaning of and importance of depreciation.
  • •Explain methods of depreciation.
  • •Calculate depreciation using different methods of depreciation.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review all module summaries and key definitions.

2

Practice financial statement analysis using sample data.

3

Create case studies applying marketing management principles.

4

Understand the formulas for time value of money calculations.

5

Focus on the factors affecting economies of size in agribusiness.

6

Develop a comprehensive understanding of agricultural financing options and loan requirements.

7

Create concept maps linking management principles to practical applications in agriculture.

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