DTM*4500 Business and Finance for Turf

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The following description is for the course offering in Winter 2019 and is subject to change. It is provided for information only. The course outline distributed to the class at the beginning of the semester describes the course content and delivery, and defines the methods and criteria to be used in establishing the final grades for the course.
 

This course will provide a foundation of basic business administration and practical examples of fundamental financial concepts. Using assignments and case studies these concepts will be presented in context of their impact on a turf manager’s ability to execute their responsibilities and the impact of those decisions to the business unit.

Instructors:

Teaching Assistant:

Credit Weight:

0.50

Course Level:

  • Diploma

Academic Department (or campus):

Associate Diploma in Turfgrass Management

Campus:

Guelph

Semester Offering:

  • Winter

Class Schedule and Location:

Please refer to Web Advisor for class schedule and location.

Learning outcomes:

After successfully completing the course students will:
  1. be able to identify basic accounting principals
  2. be able to apply basic accounting principles to turf management
  3. comprehend basic financial statements and know of their use in management
  4. be able to make decisions based on financial statements
  5. understand typical capital and operating budgets
  6. have an understanding of the budget process
  7. be able to evaluate the differences between capital spending- leasing/purchasing
  8. understand the concept of sustainability
  9. understand the conflict between economic and environmental sustainability 
  10. understand and be able to apply strategic and business planning

Lecture Content:

Topics to be covered in lectures and labs include:
  • Financial Statements – Comprehension and Analysis
  • Financial Metrics- Calculating and Utilizing
  • Basic Accounting Principals
  • Financial Management Decisions- Operating and Capital Budgets
  • Capital and Operating Expense
  • Leasing
  • Strategic, Marketing and Operational Planning
Labs & Seminars:

There are no seminars scheduled for this course.

Course Assignments and Tests:

Assignment or Test Contribution to Final Mark Learning Outcomes Assessed
Lab Assignments
30%
1-10
Midterm Assignment
30%
1-4
Final Assignment
40%
1-10

Final examination:

There is no final exam scheduled for this course.

Course Resources:

Required Texts:

None

Recommended Texts:

Handbook of Financial Management – GCSAA

Lab Manual:

There is no lab manual for this course.

Other Resources:

N/A

Field Trips:

N/A

Additional Costs:

N/A

Course Policies:

Grading Policies:

Assignments that are submitted late will be received a 10% reduction in the final grade until the assignment is returned to the class. After an assignment is returned it may still be submitted to be graded. These assignments will receive a 50% reduction in their final grade. Assignments can be submitted until the final day of classes.

Diploma Grading Procedures

Course Policy on Group Work:

N/A

Course Policy regarding use of electronic devices and recording of lectures:

Electronic recording of classes is expressly forbidden without consent of the instructor. When recordings are permitted they are solely for the use of the authorized student and may not be reproduced, or transmitted to others, without the express written consent of the instructor.

Other Course Information:

University Policies

Academic Consideration

When you find yourself unable to meet an in-course requirement because of illness or compassionate reasons, please advise the course instructor in writing, with your name, id#, and e-mail contact. See the academic calendar for information on regulations and procedures for Academic Consideration:

Academic Misconduct

The University of Guelph is committed to upholding the highest standards of academic integrity and it is the responsibility of all members of the University community, faculty, staff, and students  to be aware of what constitutes academic misconduct and to do as much as possible to prevent academic offences from occurring.

University of Guelph students have the responsibility of abiding by the University's policy on academic misconduct regardless of their location of study; faculty, staff and students have the responsibility of supporting an environment that discourages misconduct. Students need to remain aware that instructors have access to and the right to use electronic and other means of detection. Please note: Whether or not a student intended to commit academic misconduct is not relevant for a finding of guilt. Hurried or careless submission of assignments does not excuse students from responsibility for verifying the academic integrity of their work before submitting it. Students who are in any doubt as to whether an action on their part could be construed as an academic offence should consult with a faculty member or faculty advisor.

The Academic Misconduct Policy is detailed in the University Calenders:

Accessibility

The University of Guelph is committed to creating a barrier-free environment. Providing services for students is a shared responsibility among students, faculty and administrators. This relationship is based on respect of individual rights, the dignity of the individual and the University community's shared commitment to an open and supportive learning environment. Students requiring service or accommodation, whether due to an identified, ongoing disability or a short-term disability should contact the Student Accessibility Services (SAS), formerly Centre for Students with Disabilities (CSD), as soon as possible.

For more information, contact CSD at 519-824-4120 ext. 56208 or email sas@uoguelph.ca or visit the Student Accessibility Services website: http://www.uoguelph.ca/csd/.

Course Evaluation Information

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Your responses will not affect your grade.  Course evaluation data are distributed to individual instructors after final grades have been submitted to the Registrar, following the completion of each academic semester.

Please be honest, respectful, constructive and thorough.  Instructors and review committees place great value on student course ratings and read all comments provided in course evaluations. It is helpful to provide comments on the strengths of the course, in addition to the areas for improvement.  Please refrain from personal comments unless they relate to teaching and learning.

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