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NORTH CENTRAL TEXAS COLLEGE
COURSE SYLLABUS
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Course Title:
Class Time:
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Equine Business Management
Tues and Thurs. 8:00 – 9:45am
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Course Prefix & Number:
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AGEQ 2310
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Section Number:
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100
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Semester/Year:
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SPRING 2020
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Semester Credit Hours:
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3
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Lecture Hours:
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48
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Lab Hours:
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16
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Course Description (NCTC Catalog): Instruction in the management of the equine business. Topics include record keeping, insurance and liability, marketing and advertising of horses and horse facilities, equine promotion and sales, marketing and advertising of horses and horse facilities, and employer relationships.
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Course Materials:
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Equinomics 101 - provided via canvas
Notebook/Folder for notes and storing class handout materials
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INSTRUCTOR INFORMATION
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Name of Instructor:
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Becky Terrell
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Campus/Office Location:
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Ag Center 1607
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Telephone Number:
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940-668-7731 Ext. 4372
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E-mail Address:
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bterrell@nctc.edu
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OFFICE HOURS
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Monday
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Tuesday
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Wednesday
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Thursday
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Friday
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11:00 am–4:00 pm
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By Appt.
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11 am - 3:00 pm
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By Appt.
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10:00 am - 12:00 pm
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Open door policy – If my door is open, just come talk to me – Or make an appointment
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STUDENT LEARNING OUTCOMES (From Academic Course Guide Manual/Workforce Education Course Manual/NCTC Catalog
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At the successful completion of this course the student will be able to:
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1
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Initiate equine business records
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2
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Explain insurance and liability needs of equine businesses
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3
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Summarize equine marketing
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4
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Identify the socioeconomic factors involved in the equine industry
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5
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Outline and demonstrate the proper procedure for show management
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Other learning competencies include: Outline a proper business plan
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GRADING CRITERIA
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# of Graded Course Elements
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Graded Course Elements
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Percentage or Point Values
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Midterm Exam
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10%
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Final Exam
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15%
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Business Plan and Presentation
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30%
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Case Studies/Show Mgt. Project
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10%
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Quizzes
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20%
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Homework
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15%
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Total
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100%
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A 90-100%
B 80-89%
C 70-79%
D 60-69%
F < 59%
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COURSE SUBJECT OUTLINE (Major Assignments, Due Dates, and Grading Criteria)
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Review: Equine Industry-Socioeconomic Factors
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Equinomics 101
Section 1:
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Introduction to Horse and Ranch Accounting
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Chapter 1
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Basic Accounting for the Horse Business
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Chapter 2
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What is Accounting?
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Chapter 3
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Basic Business Accounting Concepts
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Chapter 4
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Financial Statement Terms
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Chapter 5
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Depreciation and Accumulated Depreciation
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Chapter 6
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Liabilities and Net Worth
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Chapter 7
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Statement of Income
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Chapter 8
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What is the Structure of my Horse Business
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Chapter 9
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A Simple Filing System
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Section II.
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Principles and Issues of Horse and Ranch Financial Management
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Chapter 10
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Barter and Like-Kind Exchange
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Chapter 11
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Deduction Equine Travel Expenses
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Chapter 12
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Compensation of Farm Employees
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Chapter 13
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Insurance and the Horse Business
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Chapter 14
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Collection Problems
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Chapter 15
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Budgeting and Cash Management
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Chapter 16
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Investment and Analysis
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Chapter 17
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Evaluating and Equine Investment
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Chapter 18
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Bloodstock Agents
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Chapter 19
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Horses: Business vs. Hobby
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Chapter 20
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Materially Active
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Section III:
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Case Study, Night Moves Farm
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Presentation of Business Plans
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“Finals Horse Show” Mgt. Project
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****Please refer to CANVAS for assignments, quizzes and due dates!!!
ATTENDANCE POLICY (NCTC’s General Policy)
Regular and punctual attendance is expected of all students in all classes for which they have registered. All absences are considered to be unauthorized unless the student is absent due to illness or emergencies as determined by the instructor. It is the student responsibility to provide documentation as to the emergency for approval and judgement by the faculty member. Approved college sponsored activities are the only absences for which a student should not be held liable and only when provided by a college official ahead of the absence. Valid reasons for absence, however, do not relieve the student of the responsibility for making up required work. Students will not be allowed to make up an examination missed due to absence unless they have reasons acceptable to the instructor. A student who is compelled to be absent when a test is given should petition the instructor, in advance if possible, for permission to postpone the exam. Student will be dropped from a class by the Registrar upon recommendation of the instructor who feels the student has been justifiably absent or tardy a sufficient number of times to preclude meeting the course’s objectives. Persistent, unjustified absences from classes or laboratories will be considered sufficient cause for College officials to drop a student from the rolls of the College. From Board Policy FC (LOCAL)
EQUINE BUSINESS MANAGEMENT CLASS SPECIFIC POLICY REGARDING ATTENDANCE:
- Attendance and participation is STRONGLY suggested to get the most educational benefit possible.
- Notification of an EXCUSED absence is to be made before or right after class time through email/canvas. Office phone number may also be an acceptable form of contact to instructor. In case of an emergency, it is the student’s responsibility to notify the instructor and arrange for makeup of missed work. Permission to make up work for an excused absence will only be granted at the instructor’s discretion. It is the STUDENTS RESPONSIBILITY to notify INSTRUCTOR, and arrange for makeup of missed work.
- NO make-up work for UNEXCUSED ABSENCES
Last day to withdraw from a course with a “W” is APRIL 3, 2020.
DISABILITY SERVICES (Office for Students with Disabilities)
The Office for Students with Disabilities (OSD) provides support services for students with disabilities, students enrolled in technical areas of study, and students who are classified as special populations (i.e. single parents).
Support services for students with disabilities might include appropriate and reasonable accommodations, or they may be in the form of personal counseling, academic counseling, career counseling, etc. Furthermore, OSD Counselors work with students to encourage self-advocacy and promote empowerment. The Counselors also provides resource information, disability-related information, and adaptive technology for students who qualify.
If you feel you have needs for services that the institution provides, please reach out to either Wayne Smith (940) 498-6207 or Yvonne Sandman (940) 668-4321. Alternative students may stop by Room 170 in Corinth or Room 110 in Gainesville.
WECM Course
Students are expected to follow all rules and regulations found in the student handbook and published online.
Scholastic dishonesty shall include, but is not limited to cheating, plagiarism, academic falsification, intellectual property dishonesty, academic dishonesty facilitation and collusion. Faculty members may document and bring charges against a student who is engaged in or is suspected to be engaged in academic dishonesty. See Student Handbook, “Student Rights & Responsibilities: Student Conduct ([FLB(LOCAL)]”.
QUESTIONS, CONCERNS, or COMPLAINTS
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Name of Chair/Coordinator:
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Lisa Bellows
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Office Location:
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Science
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Telephone Number:
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940-668-7731 Ext. 4346
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E-mail Address:
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lbellows@nctc.edu
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Name of Instructional Dean:
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Sara Flusche
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Office Location:
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