Management (07_X-GES)
- Coefficient : 1.5
- Hourly Volume: 25.0h (including 18.0h supervised)
- CTD : 18h supervised (and 3h unsupervised)
- Out-of-schedule personal work : 4h
AATs Lists
Description
- Decision support tools: break-even point, dead point, safety margins, and marginal cost
- Full costs and forecast management: direct and indirect costs, treatment of indirect costs, different cost calculations, stock valuation, analytical result, cash budget, analysis of forecast balance sheet and income statement
- Basic concepts of financial accounting: regulatory framework, basic accounting entries, added value, personnel cost analysis, financing choices, income statement analysis, intermediate management balances, balance sheet analysis (WC: Working Capital, WCR: Working Capital Requirement)
Learning Outcomes (AAv)
AAv1 [hours: 13, E2, A2]: By the end of S7, students will be able to model costs and analyze them based on an organization's structural characteristics and contingency factors. More specifically, within a medium-sized organization, they can:
- Differentiate between different cost categories;
- Analyze the profitability of an activity or company in a given situation;
- Calculate and interpret operating risk indicators to identify problems and propose appropriate management solutions (break-even point, dead point, operating leverage, safety index...);
- Write an argument, written or oral, to advise the decision-maker.
AAv2 [hours: 8, E4, E2]: By the end of S7, students will be able to establish and analyze a cash budget and propose balancing solutions in writing.
Assessment Methods
Average of several continuous assessment tests
Keywords
- Management tools, forecast management, financial accounting.