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Finding Your SAE!. Chase High School. What is an SAE?. S upervised A gricultural E xperience All supervised agricultural experiences conducted outside of the regularly scheduled classroom or lab. Makes up the third part in the total ag. program. Purpose of an SAE.
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Finding Your SAE! Chase High School
What is an SAE? Supervised Agricultural Experience • All supervised agricultural experiences conducted outside of the regularly scheduled classroom or lab. • Makes up the third part in the total ag. program
Purpose of an SAE • Provides opportunities to explore a variety of subjects about agriculture • Provides educational and practical experience in a specialized area of agriculture
Purpose of an SAE cont. • Provides opportunities for earning while learning • Teaches students to keep good records in a record system. • Win SAE awards….example: proficiency awards
Types of SAEs • Exploratory • Entrepreneurship • Placement • Improvement • Supplementary • Analytical • Experimental
Exploratory • Short duration, usually fits beginning students well • Helps students become literate in agriculture • Learn of possible careers • What are some examples of an Exploratory SAE??
Entrepreneurship • Ownership or part-ownership and assume financial risk. • Helps you to develop skills necessary to become established in one’s own business • Could be one of two types: • Production entrepreneurship • Agribusiness entrepreneurship
Placement • Students are placed with an employer • Usually paid an hourly wage • What are some examples of a Placement SAE? • Farm • Ranch • Greenhouse • Vet center • florist
Improvement Activities • Activities are done to improve the appearance, convenience, efficiency, safety or value of a home, or other agribusiness facility. • No wages • No ownership • Benefit by learning skills
Examples of Improvement Activities • Landscaping your home • Building a fence • Painting a room
Supplementary Activities • Short-term activities outside of classroom time • Skill specific, non-wage • Examples: • Changing oil in a mower • Pruning a fruit tree
Analytical • Students choose an agricultural problem not easily tested by experimentation • Students gather and evaluate data • Example: • Marketing plan for poinsettia crop
Experimental • Students conduct an agricultural experiment using the scientific method • Example: comparing effects of different types of dog food on dogs’ health
Scientific Method Background Research- look through data, and other experiments performed. Purpose- What is the purpose of this Experiment? Hypothesis- Educated guess of what you think the outcome of your experiment will be. Procedure- How are you going to carry out this experiment? Experiment- Actually perform the experiment(s)
Scientific Method cont. Analysis- look over the data that you have collected during the experiment. What happened? Conclusion- end the experiment by seeing whether or not your outcome matched your hypothesis what happened if they didn’t match up? Review of Literature- a report of previous work that pertains to your project background information that you used as you designed your project.
Factors to Consider When Selecting a Career • Standard of living - Pay: How much do you expect to make? -Location: Where do you want to live/work • Personal contact: Do you want to work more with: - People - things (computers, landscaping)
Factors Cont. • Educational requirements - High School diploma? - College Degree? • Practice experiences or skills required -what you need to know how to do • Location of employment - Where do you want to work? - Work environment
Factors Cont. • What are your interests, likes and dislikes? • Working conditions - example: pet store; if you are allergic to cats, you don’t need to work in a pet store.
Factors Cont. • Working hours and time for leisure activities • Retirement benefits • Your health and happiness
Steps in Choosing a Career • Consider your interests, abilities, and other characteristics. • Narrow the field of jobs: Example: Animals Small Animals Vet
Steps Cont. • Study the requirements of the job: get good information - what’s needed: degrees, experience, transportation • Have a Back-up Plan - your first choice may not work out.
Steps Cont. • Make a Plan for Career Preparation - early career planning can help you take the right courses in high school • Be willing to pay the price for success - education, dedication
Steps Cont. • Get work experience - SAE, coop., part-time job SAE
Career Development Plan What are your Career Development Plans?
Current Assets • Current assets: Items that can quickly be converted to cash or that will be sold within 12 months • Examples: harvested crops, feed, market livestock and poultry
Non-Current Assets • Non-current assets: items that have a useful life of more than one year and are used in the business • Examples: Land, tractors
Total Assets Total Assets= current assets + non-current assets Example: harvested crops + land = Total Assets
Assets • Items of value owned by the student or owner • Key Words to look for: • Worth • Valued • Inventory • On Hand
Liabilities • What the student or operation owes. • Example: Credit bill at a feed supply store. • Key Words to look for: • Owed • Another Company • Taxes
Net Worth • Net Worth = total assets – total liabilities • Net worth is the same as?? • Equity
Depreciation • The loss of value of an item. • Example: • A tractor worth $4,000 depreciates $250 per year, so after 5 years, how much would the tractor be worth? • $2,750
Current Liabilities • Current Liabilities: accounts and notes payable, this year’s part of non-current liabilities -examples: car payment, credit card payments, power bills
Non-Current Liabilities • Non-current liabilities: mortgages and other debts not due this year - examples: land/real estate mortgages
Total Liabilities • Total Liabilities = current liabilities (debt) + non-current liabilities (debt) • Example: Total Liabilities = car payment + land payment
Debt-to-Equity Ratio = Total Liabilities / Net Worth