Basics of Financial Management

After having completed this course or attained an equivalent competence level, the student: Can calculate and apply simple and compound interest calculations in various business cases, Knows how to analyze the income statement, balance sheet and cost structure, and understands their cause-effect relationships Knows how to calculate key figures based on the financial information of a company and how to interpret them. Introduction to "3 P" model: profit, people and planet" with focus on the profit side of this. Knows the basics of cost-volume-profit analysis Knows basic pricing models and is able to apply VAT (value-added tax) in pricing. The course includes various examples and business case of international companies.

Books and material provided in the implementation

When the implementation type of the course is contact, online or blended it is required that the student is present during those teaching hours that are marked in the study schedule. If you are absent more than 25 %, your grade will be lowered by one. If you are absent more than 50 %, the course is failed.