Agricultural Enterprise Management   (AGEM)

Dhillon School of Business

Agricultural Enterprise Management 2600

Business of Agriculture

Credit hours: 3.00

Contact hours per week: 3-0-0

The area of agribusiness is a dynamic, varied and comprehensive field. This course provides a preliminary foundation for learning principles of management in the vast area of agricultural enterprise. The course will focus on the scope, function and tasks of the management of agricultural enterprises. How functional areas of management are integrated into enterprise operations will also be explored. Overall the course seeks to familiarize students with management aspects of agricultural enterprises that will provide a comprehensive view of this major sector of the economy.

Prerequisite(s):One of Management 1000 or Management 1500

Equivalent:Management 2600 (prior to 2021/2022);
Management 2850 (Introduction to Agricultural Enterprise Management) (prior to 2018/2019)

Agricultural Enterprise Management 2610

Legal Aspects of Agriculture

Credit hours: 3.00

Contact hours per week: 3-0-0

This course covers the legal framework impinging upon decision making of farm business including farm ownership and transfer, taxation, business organization, losses, and regulation of land and water uses. Aboriginal land and agricultural issues are also emphasized.

Prerequisite(s):Agricultural Enterprise Management 2600

Equivalent:Management 2610 (prior to 2021/2022)

Agricultural Enterprise Management 3275

Agricultural Marketing and Sales

Credit hours: 3.00

Contact hours per week: 3-0-0

This course examines the key marketing functions involved in the movement of farm and agricultural products from producers to consumers. Issues related to pricing, distribution, positioning and competitive analysis are considered, among others. Strategic marketing, planning, and selling strategies are addressed as well as the importance of the customer. Particular attention is paid to the factors that set agricultural marketing apart from other typical marketing scenarios.

Prerequisite(s):Marketing 2020 AND
Agricultural Enterprise Management 2600

Equivalent:Management 3275 (prior to 2021/2022);
Management 3850 (Agricultural Marketing and Sales) (prior to 2018/2019)

Agricultural Enterprise Management 3475/Finance 3475

Agricultural Finance and Markets

Credit hours: 3.00

Contact hours per week: 3-0-0

Financing and business performance of agricultural operations and markets. Credit analysis and requirements, loan pricing, farm grants, and the Canadian Agricultural Loans Act program. Organization and operating principles of agricultural commodity markets, including hedging strategies and risk management.

Prerequisite(s):One of Agricultural Enterprise Management 2600 or Finance 3040

Equivalent:Management 3475 (prior to 2021/2022);
Management 3850 (Agricultural Finance and Markets) (prior to 2018/2019)

Agricultural Enterprise Management 3485

Applied Risk Management in Agriculture

Credit hours: 3.00

Contact hours per week: 3-0-0

Structures, principles, pricing of agricultural commodity options, and futures markets. Emphasis is placed on the hedging, speculative and arbitrage strategies in the agricultural options, futures and swaps markets to management risk that arise due to uncertainty in the market.

Equivalent:Management 3485 (prior to 2021/2022)

Agricultural Enterprise Management 3625

Canadian and World Agriculture

Credit hours: 3.00

Contact hours per week: 3-0-0

This course points out contentious debates in the agricultural sector, Canada's position and policies in these debates and their impact on the sector's welfare, as well as its integration and competitiveness in the international market.

Prerequisite(s):Economics 1010

Equivalent:Management 3625 (prior to 2021/2022);
Management 3850 (Canadian and World Agriculture) (prior to 2018/2019)

Agricultural Enterprise Management 3635

International Trade

Credit hours: 3.00

Contact hours per week: 3-0-0

This course covers the principles of international trade. Class discussions will be centred around trade theories, gains from trade, and free trade versus protectionism. Other topics covered are fair trade and the movement of labour and capital. Due to the unique characteristics of the agricultural industry the application of these topics in this industry will be covered as well.

Equivalent:Management 3635 (prior to 2021/2022)

Agricultural Enterprise Management 4125/Accounting 4125

Accounting and Agricultural Enterprises

Credit hours: 3.00

Contact hours per week: 3-0-0

This course examines the issues distinct to financial and managerial accounting and taxation for agri-business. Topics include financial reporting and measurement of biological assets and products; exploration of government assistance and related accounting issues; costing, control, and valuation challenges related to agricultural assets, particularly inventory; and taxation and succession planning. An overview of the audit process and related preparation may also be provided.

Prerequisite(s):Accounting 2100 AND
Accounting 2400
OR
Admission to the Post-Bachelor Certificate in Advanced Accounting

Corequisite(s):Finance 3040
OR
Admission to the Post-Bachelor Certificate in Advanced Accounting

Equivalent:Management 4125 (prior to 2021/2022)

Agricultural Enterprise Management 4615

Sustainable Agriculture and Management

Credit hours: 3.00

Contact hours per week: 3-0-0

This course introduces the three components of agricultural sustainability (ecological, economic and social/institutional) and their interactions with different levels of influence: farm and field, community, national and international. Students gain a deeper understanding of the interface of agricultural management decisions with the environment, in our broad efforts to produce food, feed and fibre for a rapidly expanding population, in dramatically shifting climates. Historical and current practices are assessed based on evidence demonstrating strengths and weaknesses.

Prerequisite(s):Agricultural Enterprise Management 2600

Equivalent:Management 4615 (prior to 2021/2022)

Agricultural Enterprise Management 4625

Issues in Agricultural Business

Credit hours: 3.00

Contact hours per week: 3-0-0

This is a case-based course that covers current topics related to agricultural and agribusiness management, including, but not limited to NAFTA and cooperatives.

Prerequisite(s):Fourth-year standing (a minimum of 90.0 credit hours)

Equivalent:Management 4625 (prior to 2021/2022)