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Agribusiness 2 (AGRI90077)
Graduate courseworkPoints: 12.5On Campus (Parkville)
To learn more, visit 2023 Course and subject delivery.
Overview
| Availability | July |
|---|---|
| Fees | Look up fees |
Food, beverage and fibre value chains exist in both developed and developing countries, and may be analysed in terms of both firm and whole-of-chain perspectives. This subject reconciles supply, price, value chain and risk concepts and introduces a range of techniques applicable to value chain mapping and analysis as well measurement of performance and risk, in whatever environment the chain resides in.
The subject improves capacity to make strategic decisions and assess improvement options surrounding areas such as logistics, inventory management, location, distribution networks and risk. The importance of sustainability in a value chain is emphasised with the need to account for chain externalities as well as chain goods.
Intended learning outcomes
On successful completion of the subject, students should be able to:
- Demonstrate an understanding of the main concepts of value chain analysis and apply relevant tools for mapping and analysis of value chains
- Describe theory of risk principles and the measurement of risk and price volatility.
- Differentiate supply chain and value chain concepts
- Demonstrate the relationship between supply chain decisions and strategic fit to overall firm success
- Identify and explain the determinants of supply chain performance including their measurement
- Understand the role of logistics decisions in a value chain and be able to apply frameworks for making such decisions
- Understand the whole-of-chain concept inclusive of chain goods and chain externalities as underpinning long term sustainable value chain development
- Analyse risk and apply tools of risk management to decision-making in the agri value chain including effective hedging strategies for managing commodity price risks through forward contracts, future contracts, options, & over-the-counter products.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- An ability to apply analytical methods, models and tools to organisational and industry-related problems and case studies in the agribusiness value chain
- An ability to analyse quantitative and qualitative data with appropriate discipline-based techniques
- An ability to synthesise background and contextual information leading on to problem definition for analysis
- The ability to articulate investigative findings using face-to-face and digital media
- The ability to analyse and discuss within different forum contexts, the application of theory and core concepts to considered analysis, problem solving and decision making
- The ability to present discussion, analysis and findings using appropriate written communication style
- An ability to apply their heightened understanding of agribusiness issues, problems and challenges to more effective enterprise decision-making and industry resilience and capacity building
Last updated: 10 November 2023
Eligibility and requirements
Prerequisites
| Code | Name | Teaching period | Credit Points |
|---|---|---|---|
| AGRI90012 | Agribusiness 1 | Semester 1 (On Campus - Parkville) |
12.5 |
Corequisites
None
Non-allowed subjects
None
Recommended background knowledge
Students who have not completed the AGRI90012 requisite and have completed undergraduate studies in agricultural economics, business or related disciplines may seek a waiver from the subject coordinator to enrol in this subject.
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 10 November 2023
Assessment
| Description | Timing | Percentage |
|---|---|---|
Assignment 1
| First half of the teaching period | 30% |
Assignment 2
| End of the teaching period | 30% |
Take home exam
| End of the assessment period | 40% |
Last updated: 10 November 2023
Dates & times
- July
Principal coordinator Garry Griffith Mode of delivery On Campus (Parkville) Contact hours 40 Hours Total time commitment 170 hours Pre teaching start date 17 July 2023 Pre teaching requirements Pre-reading is required for all students. Please see the LMS for details. Teaching period 24 July 2023 to 1 September 2023 Last self-enrol date 1 August 2023 Census date 4 August 2023 Last date to withdraw without fail 25 August 2023 Assessment period ends 15 September 2023 July contact information
Time commitment details
It is recommended that students devote 14 hours per week of study to this subject.
Additional delivery details
Last updated: 10 November 2023
Further information
- Texts
Prescribed texts
Chopra, S. and P. Meindl (2013) Supply Chain Management: Strategy, Planning and Operation (5th ed.). Pearson Global Edition, New Jersey
- Related Handbook entries
This subject contributes to the following:
Type Name Course Graduate Diploma in Food Science Course Master of Food Science Informal specialisation Master of Agricultural Sciences - Elective Subjects Specialisation (formal) Agribusiness - Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Please note Single Subject Studies via Community Access Program is not available to student visa holders or applicants
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 10 November 2023