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Financial Management and Maritime Business (5 cr)

Code: MM22AE44-3002

General information


Enrollment

02.07.2023 - 01.11.2023

Timing

02.11.2023 - 29.02.2024

Number of ECTS credits allocated

5 op

Mode of delivery

Contact teaching

Unit

Faculty of Technology and Seafaring

Teaching languages

  • English

Degree programmes

  • Degree Programme in Maritime Management

Teachers

  • Thomas Finne

Groups

  • MMM23HP-Å
    Maritime Management, 2023, Master, part-time studies

Objective

The Student:
- is familiar with fundamental bookkeeping concepts and practices
- understands the key-elements of the financial market including various forms of company/corporate financing alternatives
- is able to use financial information for decision making and leadership,
- is able to evaluate profitability, analyze the operations and plan for results for companies,
understands basics in how financial accounting works in a small global organization.

The student takes responsibility for one's own actions and works according to jointly agreed principles and measures.

Content

- An introduction to the basics of accounting (concepts and practices)
- The financial market and financing
- Different types of financial information
- Using financial data for decision making and management decisions
- Financial accounting globally

Location and time

As communicated in the 'Peppi' system.

Content scheduling

Lectures, assignments and practicing.
Presentations by students.

Further information

We will deal with:
- An introduction to the basics of accounting (concepts and practices)
- The financial market and financing
- Different types of financial information
- Using financial data for decision making and management decisions
- Financial accounting globally.
At the beginning of the Lectures we will do a going through of expectations at the course and in accordance to that emphasize in various ways the listed areas.

Evaluation scale

H-5

Assessment criteria, satisfactory (1)

Sufficient (1)
Satisfactory (2)

The student is familiar with important concepts and is able to find and read financial information.

Assessment criteria, good (3)

Good
Very Good

The student is familiar with important concepts and is able to find and read financial information. The student can analyse financial information and apply the information in decision making.
Student activity in all things at least at a good level.

Assessment criteria, excellent (5)

Excellent

The student is familiar with important concepts and is able to find and read financial information. The student can analyse financial information and apply the information in decision making.
The student demonstrates an ability to make decisions well grounded in financial information, and is able to describe different scenarios for the company.
Excellent work input and activity by the student.

Assessment methods and criteria

Pls see 'Study unit information'

Qualifications

No pre-requisites