Land Appraisal

A.Y. 2025/2026
8
Max ECTS
80
Overall hours
SSD
AGR/01
Language
Italian
Learning objectives
The course is divided into two parts: I) Rural Appraisal and II) Agribusiness and aims to provide students with both technical appraisal skills for professional practice and managerial competencies required to successfully run a livestock enterprise.
Part I focuses on the study of appraisal methodologies within the rural context, with particular emphasis on entrepreneurial decision-making and the dynamics between public and private stakeholders, in accordance with common legal and practical requirements. The course covers the fundamental concepts of appraisal, introducing the notions of value, criteria, and estimation methods. Part II is aimed at understanding the activities and processes necessary for managing the entire business production system. The objective is to develop a managerial mindset, positioning operations management as a strategic tool for livestock enterprises to adapt to, anticipate, and capitalize on ongoing changes—without neglecting technical aspects of planning, process management, and innovation.
Expected learning outcomes
1. Knowledge and understanding: the student, at the end of the course, will have to demonstrate knowledge of the economic terminology underlying appraisal as well as procedures for business valuation and management.
2. Applying knowledge and understanding: the student will have to demonstrate knowledge and understanding useful for identify appropriate appraisal criteria and procedures suitable for practical professional problems. They will also acquire basic skills in using management software and decision support tools relevant to the professional field.
3. Making judgments: through technical and practical activities, students will be encouraged to develop critical thinking by evaluating real-world case studies and assessing the applicability of different estimation approaches.
4. Communication: students will be expected to communicate effectively in professional contexts using the appropriate technical language and terminology of the discipline.
5. Lifelong learning skills: students will acquire independent study and research skills that will enable them to deepen their knowledge autonomously over the course of their careers.
Single course

This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.

Course syllabus and organization

Single session

Lesson period
First semester
Course syllabus
PART I: APPRAISAL
Lectures
Appraisal and valuation judgment (3 hours)
Valuation phases and traditional economic indices (2 hours)
Valuation procedures (2 hours)
Rural land market (2 hours)
Technical consultancy and arbitration (2 hours)
Cadastral Appraisal (Land Cadastre and Building Cadastre) (4 hours)
Valuation of rural buildings (2 hours)
Valuation of building areas (2 hours)
Valuation of Real Rights (3 hours)
Easements (2 hours)
Expropriation for public utility (3 hours)
Valuation of Stock (2 hours)
Valuation of Growing Crops and Agricultural Advances (2 hours)
Environmental Appraisal (2 hours)

Practical sessions
Financial mathematics applied to rural appraisal (16 hours)

PART II: AGRIBUSINESS
Lectures
Strategic Business Management (4 hours)
Investment Process in Agricultural Enterprises (3 hours)
Farm Management and Marketing (6 hours)
Professional Culture and Practice (3 hours)

Practical Sessions
Preparation of Business Financial Statements Using Software (5 hours)
Investment Evaluation in Agriculture (2 hours)
Profitability Assessment: Case Study (3 hours)
Business Model Canvas: Case Study (3 hours)
Business Plan: Case Study (3 hours)
Prerequisites for admission
Knowledge of the basic notions of microeconomics and agricultural economics
Teaching methods
Frontal teaching and practical exercitation.
Teaching Resources
PART I: APPRAISAL
Michieli M. & G.B Cipolotti. Trattato di Estimo. Generale, immobiliare, agrario, forestale, ambientale, legale. Publisher: Edagricole-New Business Media. Edition year: 2023. EAN: 9788850655274

PART II: AGRIBUSINESS
Fiorillo V. & Lo Zoppo M. Agribusiness. Management dell'azienda agricola. Publisher: Egea. Edition year: 2022.

Supplementary teaching materials and slides available on myAriel.
Assessment methods and Criteria
The exam consists of an oral discussion preceded by a written test focused on financial math. The expected results provides an assessment of thirty, considering:
the ability to understand and apply the theory and to select the criteria and valuation procedures in relation to the characteristics of the property and the purposes of the estimate;
the ability to present topics with appropriate language and terminology;
the acquisition of a working method.
AGR/01 - AGRICULTURAL ECONOMICS AND RURAL APPRAISAL - University credits: 8
Practicals: 32 hours
Lessons: 48 hours