Farm Business Management Diploma
60 Credits ÌýÌýÌýDIP3118/DIP2101,Ìý Academic Catalog 2026-2027
The Farm Business Management program is designed for those actively engaged in the operation and management of a farm business. The purpose of the program is to develop the manager’s ability to organize resources in order to meet business and family goals. Management is the utilization of resources to maximize the return to the scarcest resource which is a continuous decision-making process. The program emphasizes goal setting, the identification of resources, records management, business analysis and interpretation.
This program is eligible for state grant funding only.
Campuses: Faribault and North Mankato
Program Start Semesters: Fall, Spring and Summer
The course requirements listed below are specific to the current school year (noted above). If you need to view the program from previous years view our Catalog Archive.
Required Technical Courses (12 Courses)
Complete the following courses:
FBMT1112ÌýÌýÌýFoundations for Farm Business Management (4 credits)
This course is an overview of the Farm Business Management Program. The student will be introduced to goal setting, self and business assessment, record keeping, and business projections to provide the foundation for personal and business management progress. Current issues affecting business management are an integral part of the course. (Prerequisites: None)
FBMT1121ÌýÌýÌýPreparation for Farm Business Analysis (4 credits)
This course will take the student through a step-by-step procedure to close out a complete year of farm business records. This course will emphasize tax planning, completing inputs to livestock and crop enterprises, and emphasizing cash and liabilities accuracy. A completed business and enterprise analysis will be the course focus. (Prerequisites: None)
FBMT1122ÌýÌýÌýImplementing the System Management Plan (4 credits)
This course continues to build on the foundation of farm business management. The student will complete a farm business financial and enterprise analysis. Sound financial record keeping is an integral component. (Prerequisites: None)
FBMT1131ÌýÌýÌýManaging and Modifying Farm System Data (4 credits)
This course will help students refine their farm business data system and assist them in applying year-end procedures for farm business analysis. Students improve accuracy in the following areas: farm enterprise analysis, tax planning, data filing, and cash and liability checks. (Prerequisites: None)
FBMT1132ÌýÌýÌýInterpreting and Using Farm System Data (4 credits)
This course provides an opportunity for the student to view the farm business and its various components through the application of balance sheets, farm personal and managerial inventories, enterprise reports and historical data. (Prerequisite: None)
FBMT1211ÌýÌýÌýIntro to Farm Business Management (4 credits)
This course introduces basic farm business management concepts. Students will study the farm management planning cycle and develop an understanding of its relationship to: family and farm business goal setting, cash and enterprise accounting principles, and tax planning. (Prerequisites: None)
FBMT2141ÌýÌýÌýInterpreting and Evaluation of Financial Data (4 credits)
This course continues to expand on preparation and evaluation of the farm business analysis, providing guidance towards mastery of business record close-out procedures, tax implications of management decisions, and the monitoring of farm business and family goals. (Prerequisites: None)
FBMT2142ÌýÌýÌýInterpreting Trends in Business Planning (4 credits)
This course examines whole farm, enterprise, balance sheet, and inventory trends. Current analysis data is compared to historical data in making future farm business planning decisions. Financial ratios are used to indicate the farm financial structure. (Prerequisites: None)
FBMT2151ÌýÌýÌýStrategies in Farm System Data Management (4 credits)
This course will help the student focus on long-term strategies necessary to maintain and enhance the farm business and personal future financial goals. The student will complete the year by developing an accurate, usable business analysis. (Prerequisites: None)
FBMT2152ÌýÌýÌýIntegrating System Information for Financial Planning (4 credits)
This course uses farm system information to develop a farm financial plan. Interpretation and analysis of the farm system data will enhance the reliability of the farm plan. The comprehensive farm plan will integrate historical trends, farm and personal goals, and financial and enterprise performance of the farm business. (Prerequisites: None)
FBMT2161ÌýÌýÌýExamination of the Context of Farm System Management (4 credits)
This course is designed to assist students in preparation of improved farm system management procedures. Students in the course will evaluate several years of an improved farm system analysis. (Prerequisites: None)
FBMT2162ÌýÌýÌýRefining Farm System Management (4 credits)
This course is the culmination of activities designed to enable the student to develop and implement a comprehensive farm business strategic plan. The student will use the components of the Farm Business Management Program to develop and support a farm business strategic plan. (Prerequisites: None)
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Technical Electives (12 Credits)
Complete 12 credits from the following courses:
FBMT1233ÌýÌýÌýApplication of Productive Enterprise Information (2 credits)
This course describes procedures for applying enterprise information provided by computerized analysis of farm business accounts. (Prerequisites: None)
FBMT2200ÌýÌýÌýSpecial Topics in General Farm Management (1 credits)
Analysis of special topics in crop production for students actively engaged in the operation and management of a farm business. (Prerequisites: None)
FBMT2201ÌýÌýÌýSpecial Topics-General Farm Management (1 credits)
Analysis of special topics in crop production for students actively engaged in the operation and management of a farm business. (Prerequisites: None)
FBMT2202ÌýÌýÌýSpecial Topics-General Farm Management (1 credits)
Analysis of special topics in crop production for students actively engaged in the operation and management of a farm business. (Prerequisites: None)
FBMT2203ÌýÌýÌýSpecial Topics-General Farm Management (1 credits)
Analysis of special topics in crop production for students actively engaged in the operation and management of a farm business. (Prerequisites: None)
FBMT2204ÌýÌýÌýSpecial Topics-General Farm Management (1 credits)
Analysis of special topics in crop production for students actively engaged in the operation and management of a farm business. (Prerequisites: None)
FBMT2205ÌýÌýÌýSpecial Topics-General Farm Management (2 credits)
This course focuses on the analysis of special topics in general farm management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Tax planning, balance sheet development, cash flow planning, analysis-whole farm, enterprise analysis, record keeping, bench marking, production yields, ration interpretation and goal setting. (Prerequisites: None)
FBMT2206ÌýÌýÌýSpecial Topics-General Farm Management (2 credits)
This course focuses on the analysis of special topics in general farm management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Tax planning, balance sheet development, cash flow planning, analysis-whole farm, enterprise analysis, record keeping, bench marking, production yields, ration interpretation and goal setting. (Prerequisites: None)
FBMT2207ÌýÌýÌýSpecial Topics-General Farm Management (2 credits)
This course focuses on the analysis of special topics in general farm management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Tax planning, balance sheet development, cash flow planning, analysis-whole farm, enterprise analysis, record keeping, bench marking, production yields, ration interpretation and goal setting. (Prerequisites: None)
FBMT2208ÌýÌýÌýSpecial Topics-General Farm Management (2 credits)
This course focuses on the analysis of special topics in general farm management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Tax planning, balance sheet development, cash flow planning, analysis-whole farm, enterprise analysis, record keeping, bench marking, production yields, ration interpretation and goal setting. (Prerequisites: None)
FBMT2209ÌýÌýÌýSpecial Topics-General Farm Management (2 credits)
This course focuses on the analysis of special topics in general farm management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Tax planning, balance sheet development, cash flow planning, analysis-whole farm, enterprise analysis, record keeping, bench marking, production yields, ration interpretation and goal setting. (Prerequisites: None)
FBMT2210ÌýÌýÌýSpecial Topics-Marketing (1 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2211ÌýÌýÌýSpecial Topics-Marketing (1 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2212ÌýÌýÌýSpecial Topics-Marketing (1 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2213ÌýÌýÌýSpecial Topics-Marketing (1 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2214ÌýÌýÌýSpecial Topics-Marketing (1 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2215ÌýÌýÌýSpecial Topics-Marketing (2 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2216ÌýÌýÌýSpecial Topics-Marketing (2 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2217ÌýÌýÌýSpecial Topics-Marketing (2 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2218ÌýÌýÌýSpecial Topics-Marketing (2 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2219ÌýÌýÌýSpecial Topics-Marketing (2 credits)
This course focuses on the analysis of special topics in marketing management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best fit student needs: Small grains, corn, soybeans, pork, cattle, milk, canola, edible beans, vegetable crops, sugar beets, grass seed, forages, seed crops, wild rice, sunflowers, other commodities not listed and organic products. (Prerequisites: None)
FBMT2220ÌýÌýÌýSpecial Topics-Crops (1 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2221ÌýÌýÌýSpecial Topics-Crops (1 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2222ÌýÌýÌýSpecial Topics-Crops (1 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2223ÌýÌýÌýSpecial Topics-Crops (1 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2224ÌýÌýÌýSpecial Topics-Crops (1 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2225ÌýÌýÌýSpecial Topics-Crops (2 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2226ÌýÌýÌýSpecial Topics-Crops (2 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2227ÌýÌýÌýSpecial Topics-Crops (2 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2228ÌýÌýÌýSpecial Topics-Crops (2 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2229ÌýÌýÌýSpecial Topics-Crops (2 credits)
This course focuses on the analysis of special topics in crop management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Corn, soybeans, alfalfa, mixed grass, small grains, specialty crops (sunflower, berries, seeds, trees, etc.), pasture, corn silage, cover crops and vegetable crops. (Prerequisites: None)
FBMT2230ÌýÌýÌýSpecial Topics-Livestock (1 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2231ÌýÌýÌýSpecial Topics-Livestock (1 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2232ÌýÌýÌýSpecial Topics-Livestock (1 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2233ÌýÌýÌýSpecial Topics-Livestock (1 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2234ÌýÌýÌýSpecial Topics-Livestock (1 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2235ÌýÌýÌýSpecial Topics-Livestock (2 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2236ÌýÌýÌýSpecial Topics-Livestock (2 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2237ÌýÌýÌýSpecial Topics-Livestock (2 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2238ÌýÌýÌýSpecial Topics-Livestock (2 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2239ÌýÌýÌýSpecial Topics-Livestock (2 credits)
This course focuses on the analysis of special topics in livestock management for students actively engaged in the operation and management of a farm business. Student and instructor will choose from said topics to best serve student needs: Beef-cow/calf, dairy, swine, sheep, goat, turkey, chicken, dairy heifers, beef market and specialty livestock (organic, honey bees, deer, elk, etc.). (Prerequisites: None)
FBMT2253ÌýÌýÌýSystem Plans and Projections (2 credits)
This course enables the combination of concepts for preparing farm system plans and projections, and the interaction of possible implications and/or solutions of these concepts. (Prerequisites: None)
FBMT2325ÌýÌýÌýEthics in this Business of Agriculture (2 credits)
This course will explore various ways in which a farm business conducts business and address their proper conduct. (Prerequisite: None)
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PLEASE NOTE: All program plans are preliminary and curriculum may change without notice. Your catalog of record may have different requirements.