Study Guide

Objective

The student is able to:
•estimate financial needs of a product and productization processes
•can present financing alternatives depending on the different financing needs
•Perform a product, project and investment profitability evaluation
•Understand cost structure, cost behavior and decision making and interconnections between them

Content

•financial planning of business operations
•Basics of relevant Cost Accounting
•corporate finance
•investment calculation methods
•profitability of the investment
•sources of finance
•risk management in financing

Materials

Course plans and resources are in Itslearning study platform.

Course requires independent work and applying financial management theory to practice, for example by literature study plus applying the knowledge in course tasks.

Communication mainly in class room meetings. In addition, messaging related to course tasks is possible in itslearning.

Teaching methods

Course assignments will be described in Itslearning platform and introduced during the course.
Learning tasks and exercises in Itslearning
Small group team work
Individual or group learning
Final examination

International connections

Innopeda, which is based on experiments, sharing of information and knowledge as well as combining different view points. Student-centered learning, problem solving, flipped classroom.

Completion alternatives

No alternative methods.

Student workload

Literature studies and studies.
Home exams; two assignments: one individual and one team.
Estimated workload
• 135 hours of work
• Contact sessions: about 27h
• Literature & theory studies: about 54 h
• The assignments: about 54 h

Content scheduling

The student
- knows and understands the accounting principles governing the measurement and documenting process of business entity's events and results
- understands the importance of financial statements in the decision-making process and in the estimation of the company's assets and performance
- knows alternative sources of financing for a company

Evaluation scale

H-5

Assessment methods and criteria

Evaluation: course attendance and activity, quality of returned course assignments, study journal with self assessment. All exercises must be timely done and returned to Itslearning.

Assessment criteria, fail (0)

Exercises not done or not participated in small group team work.

Assessment criteria, satisfactory (1-2)

All learning tasks done and study journal returned.

Assessment criteria, good (3-4)

All learning tasks done and study journal returned, with good (3) or very good (4) quality of work and showing deep knowledge in theme and applying theory in learning tasks

Assessment criteria, excellent (5)

All learning tasks done and study journal returned, with excellent quality of work and showing deep knowledge in theme and applying theory in learning tasks.