This module is concerned with two essential aspects of farm business management: human resource management and finance.

With the number of people employed in agriculture falling each year it is increasing important that people involved in the industry are well motivated and that farm businesses recruit and select appropriate staff of the highest quality. The module will critically assess the best approaches to recruitment and selection of employees and analyse methods of motivation and appraising performance. The legal framework of human resource management will be included.

An appreciation of the importance of farm finance and budgeting is essential for farm managers and owners irrespective of scale or the complexity of their operation. This module familiarizes students with the essential elements of farm accounts and how to interpret them while giving them sufficient knowledge and understanding of budgeting to enable them to project realistically the financial performance of the business. This will be based on practical case studies.