Accounting and Finance for Managers 7,5 hp

Undervisningen bedrivs på engelska.

Kursinnehåll

The course aims to equip the students with theoretical and practical knowledge in accounting and finance in an industrial and engineering business setting. The course is designed to give students an overall picture of the calculative practices relevant on the managerial level. The course provides also an introduction to using a spreadsheet program for doing financial calculations and demonstrates how to build up a financial model for a company.

Important topics covered during the course include:

-calculation theory for short and long-term decisions
-various capital budgeting methods for long-term calculation
-methods for determining the cost of capital
-various costing methods for short-term calculation
-Swedish calculation practice and its development trends
-calculation processes in organizations' managerial work
-strategic management accounting
-various performance measurement methods and related KPIs

Connection to Research and Practice

The objective of the course is to give students tools to practically conduct analysis to inform operational and strategic decision-making in an engineering setting. The course is grounded in the forefront of academic research in management accounting and control with several research papers as part of the course literature. During the written examination students are asked to reflect on the concepts in the literature both regarding a historical and contemporary point of view.

Reflection on the advancements of research and on how different theories and methods both complement and substitute each other are integral parts of examination. The relevance of these theories and methods are made visible through seminars and a group project work where students act as consultants for a real company in which, they conduct analytical work on a presented problem. The empirical work includes solutions and recommendations for management and are presented in a final report.

Förkunskapskrav

Bachelor’s degree (i.e the equivalent of 180 credits at an accredited university) with at least 90 credits in engineering (or the equivalent).

Utbildningsnivå: Avancerad nivå
Kurskod/Ladokkod: JAFR25
Kursen ges vid: Jönköping International Business School