2281 - Business Management
Course information
- Title
- Business Management
- Course number
- 2281.21
- Academic year
- 2024-2025
- ECTS
- 7.50
- Level
- Bachelor
- Faculties
- History and Social Sciences
- Educations
- BSc in Economics and Management
- Prerequisites
- The course aims to provide students with; • an introduction to business decision-making concepts and techniques within various organisational settings • understanding of the practical application of economic analysis to managerial decision making.
- Language of instruction
- Faroese
- Registration
- Students in a program are automatically enrolled. Students of a single subject, apply through the student affairs office lss@setur.fo
- Beginning date
- Tuesday, January 28, 2025
- End date
- Sunday, May 28, 2028
Academic content
- Purpose
- This course teaches business concepts that serve as prerequisites for managerial decision-making, choosing between alternatives to achieve the organisational objective(s). Topics covered are budgeting, valuations, costs, working capital, cash flow, and capital structures.
- Learning outcomes
- The module aims to facilitate understanding of the main principles of modern business decision making, and after the course, students should be able to understand and critically evaluate concepts of; • Corporate Goals and Corporate Governance • Net Present Value and other Investment Criteria • Capital Budgeting and Project Analysis • Valuation of Free Cash Flow (WACC, NPV & APV) • Risk and Cost of Capital • Financial Planning and Making Investment Decisions • CAPM • Corporate Debt and Working Capital • M&A and Corporate Restructuring
- Content
- 2,5 lecture hours + 2,5 hours of exercise for 14 weeks. The module lectures will cover specific economic concepts and definitions applicable to decision-making, referring to contemporary examples. Exercise hours are designed to give students the necessary practical knowledge (economic modelling in Excel) to critically interpret and examine business management issues.
- Learning and teaching approaches
- Oral Examination (viva voce) of 20 minutes. Students will choose one question set and have 40 minutes to prepare exam answers; during this time, they will be allowed access to textbook(s) and lecture materials.
Assessment
- Assessment method
- Oral Examination (viva voce) of 20 minutes. Students will choose one question set and have 40 minutes to prepare exam answers; during this time, they will be allowed access to textbook(s) and lecture materials.
- Examination (internal/external)
- External
- Grading scale
- 7-scale
- Exam date/dates
- 17th and 18tn of June.
- Deadline for withdrawal from exam
- Tuesday, January 28, 2025
Academic responsibility and teachers
- Academic responsibility
- Mrdalo Zvonimir Pero Duro
- Teachers
- Mrdalo Zvonimir Pero Duro