Financial Management (5cr)
Course unit code: 7Y00CJ76
General information
- Credits
- 5 cr
Objectives
The students are able to make calculations of the financial factors caused by the processes of change.
The students understand the function of activity-based costing and the importance of productisation in the development of an organization’s activities.
The students know importance of the financial statements, income statements and balance sheets of a company from the viewpoint of profitability, liquidity and solvency.
The students know principles of financial management and monitoring of the cost-impact criteria.
Content
Financial planning and budgeting.
Activity based costing and productisation.
Financial planning, budgeting and monitoring.
Financial and operational indicators.
The company’s cost structure.
Business plan.