Faculty
Jytte Larsen, Carsten Rohde

Course Coordinator
Carsten Rohde

The purpose of the course is to offer the students the opportunity to develop a fundamental knowledge of financial management of a company. The focus is on how to design, implement and use different conventional as well as modern management accounting models and techniques for analysis, decision making and control purposes.

Financial and non financial data is a very important basis for evaluation of profits of different segments as well as evaluating and managing the efficiency of departments, people and processes in the organization. But it is also important as a basis for pricing decisions and planning purposes. The course put focus on how to capture financial and non-financial data as well as organize and use them for decision making and control. The course contains the following core elements

Through dialog and presentations the student will develop their oral skills. Since cases are prepared and presented in teams the students will also develop cooperative skills.

At the exam the students must be able to:

Individual oral examination

Research and theory based dialog lectures are mixed with exercises and cases. The lectures provide the students with the necessary understanding of purpose and content of the techniques and what type of theory they are based on. Through the use of examples and cases from practice the students learn to apply theory and techniques for analysis, decision making and control purposes in practice.

Involvement of the students is an important part of the learning principle – this done through dialog, casework and presentations.