Entry requirements

15 credits in science/engineering. Participation in the introductory course for one of the Faculty's programmes.

Learning outcomes

Upon completing the course the student should be able to

• choose, prepare, interpret and use cost estimates as a basis for the different situations in an industrial company,
• interpret financial statements and other financial reports of industrial companies, including the income statement, the balance sheet, the cash flow statement and key measures in these,
• explain how strategic planning, management, management control, entrepreneurship, organisation, production and learning works in an industrial company,
• explain how the industrial company markets and price it's products,
• explain how the company deal with it's environment.

Content

Volume analysis, costing, investment appraisal, accounting and bookkeeping, budgeting, financing, financial analysis, pricing and management control are discussed as support for and a background to decision-making. Insights into the company and it's environment, leadership, entrepreneurship, organisation, strategic planning, learning and marketing are given as a basis for understanding structure of the industrial company's prerequisits.

Instruction

Lectures and exercises.

Assessment

Written examination with oral presentation. Written assignments for higher grade than "Pass".

If there are special reasons for doing so, an examiner may make an exception from the method of assessment indicated and allow a student to be assessed by another method. An example of special reasons might be a certificate regarding targeted pedagogical support from the University's disability coordinator.

Other directives

The course may not be included in a degree together with any of the following courses: 1TE728 Industrial Management and 2FE025 Business Studies, Basic Course A/B.