UEH Standard Programs

This course integrates principles of project appraisal, business planning, marketing planning, and the use of spreadsheets in agribusiness investment project appraisal. Key concepts covered include identifying relevant cash flows and forecasting them, determining appropriate discount rates, applying project evaluation criteria, and incorporating risk in project appraisal, including sensitivity analysis.

The course begins with computer-based assignments for various agricultural projects to familiarize students with the steps in project investment appraisal. This includes identifying cash flows, developing cash flow patterns, preparing project parameters (such as price indexes, investment plans, depreciation schedules, financing plans, loan schedules, interest during construction stages, production and sales schedules, operating plans, income statements and tax considerations, working capital plans, and cash flow statements), discounting cash flows, and calculating project evaluation criteria. Additionally, students learn to prepare marketing and business plans for new projects. By the end of the course, students are capable of independently implementing a complete start-up project in the agricultural sector. In addition to textbook case studies, the course includes practical examples of successful high-tech agricultural projects undertaken by local companies.