Farm Business Management
Advanced Farm Business Management

The primary emphasis of Farm Business Management is to assist farm families in meeting their business and personal goals through quality farm records and sound business decisions.

Farm Business Management is designed to work closely with active, functional farmers and persons interested in farming as a business. This program is primarily taught at the student's place of business, rather than in a traditional classroom. Individualized instruction is used to the fullest. The instructor visits the farm on a regular basis and understands the strengths and weaknesses of each student's business. This program is primarily taught at the student's place of business, but classroom and groups instruction are also very important.

Students are enrolled in the program on a continuous, part-time basis. Normal credit load is 10 credits per year, for the equivalent of 1/3 of a full-time college student. The curriculum for the program is credit-based, having a state curriculum guide, with 6 years of enrollment earning a diploma that is equivalent to a regular 2-year program.

Developing a set of sound farm records is the basis for the program. Primarily, computerized accounting is used to handle the complex records which must be kept in an efficient farm business. A the close of the calendar year, these records are summarized by the instructor and a computerized Business Analysis is prepared for each student to show how well their business did financially during the year. Each student also receives an Area Farm Business Analysis summary, which allows them to compare their information with averages of other Farm Business Management students (farmers) in their local area and in northeast & east central Minnesota.

Farm Business Management instructors work very closely with farm lenders, ag extension personnel, and other ag professionals in order to best meet the needs of the student. Instructors must be informed of current issues relating to agriculture, because a decision made today on the farm may be implemented the following day and will influence the long-range future of that business.

Farm Business Management
Preferred time for initial enrollment is fall or spring semester.
FBMT 1112 Foundations for Farm Business Management 4
FBMT 1121 Preparation for Farm Business Analysis 4
FBMT 1122 Implementing the System  Management Plan 4
FBMT 1131 Managing and Modifying Farm Sysem Data 4
FBMT 1132 Interpreting  and  Using Farm System Data 4
FBMT 2141 Interpreting and Evaluating Financial Data 4
FBMT 2142 Interpreting Trends in Business Planning 4
FBMT 2151 Strategies in Farm System Data Management 4
FBMT 2152 Integrating System Information for Financial Planning 4
FBMT 2161 Examination of the Context of Farm System Management 4
FBMT 2862 Refining Farm System Management 4
Required Technical Courses 44
Electives 20
Total Credits required for graduation 64

Advanced Farm Business Management
A prerequisite for this diploma is successful completion of the Farm Business Management Diploma Program.

Advanced Farm Business Management
Preferred time for initial enrollment is fall or spring semester.
FBMA 3100 Fundamentals of Financial Management / Relates Risk Management. 3
FBMA 3101 Applied Financial Management / Relates Risk Management 3
FBMA 3110 Fundamentals of  Financial Management / Strategic Plan Emphasis 3
FBMA 3111 Applied Financial Management / Strategic Plan Emphasis 3
FBMA 3120 Fundamentals of  Financial Management / Business Plan Emphasis 3
FBMA 3121 Applied Financial Management / Business Plan Emphasis 3
FBMA 3130 Directed Study - Decision Making 2
FBMA 3131 Directed Study - Communications 2
FBMA 3132 Directed Studies Modern Agricultural Tech. 2
FBMA 3133 Directed Studies Farm Business Family Transition 2
FBMA 3134 Directed Study - Personnel Management 2
FBMA 3135 Directed Study - Enterprise Alternatives 2
Required Credits 30
Total Program Credit Requirements 30
     
Name Department/Position Phone E-Mail
Del Lecy Regional Program Manager 218-894-5164 dlecy@clcmn.edu
Rebecca Best Associate VP of Academic Affairs 218-855-8139 rbest@clcmn.edu