Study Guide

Objective

You demonstrate your understanding of the basics of management accounting.
You are able to evaluate the profitability of an enterprise.
You are able to apply the most common price setting methods.
You demonstrate your understanding of the basics of budgeting.

Content

What is the role of management accounting in decision making?
How to categorise the revenues and costs of an enterprise?
How to apply the cost-volume-profit analysis when evaluating the profitability of an enterprise?
How does the price setting affect the profitability of an enterprise?
What is the role of budgeting in financial planning?

Materials

Provided when course starts.

Teaching methods

Scheduled track:
Schedule provided in Learn.

Independent track:
Must be agreed with the teacher beforehand.

Work integrated track:
Student provides a plan created in cooperation with the employer. Plan must be composed according to course contents and goals.

Employer connections

If possibilities occur.

Exam schedules

Provided in Learn when course starts.

International connections

N/A

Student workload

135 h

Evaluation scale

1-5

Assessment methods and criteria

Excellent (5), Good (3-4), Satisfactory (1-2), Fail (0)

Qualifications

Business and financial mathematics, or equivalent knowledge