Learning outcomes

After a completed cours, the student should be able to:

• describe how leadership, organisation, strategic planning and financial management functions in an industrial organisation,
• interpret financial statements and other financial reports in industrial organisations, as well as compute and design the income statement, balance sheet, and cash flow statement and key figures in these,
• select, prepare, interpret and use estimates as a basis for the industrial organisation in different situations,
• describe how result control, behavioural control, personal control and cultural control functions in the modern industrial organisation,
• design different combinations of management control systems for modern industrial organisations.

Content

The prerequisites of the industrial company in terms of the composition of the industry, performance, production and project management. Cost-volume-profit analysis, costing, capital investment appraisal, financing, cash flow analysis, financial analysis, accounting and management control.

Instruction

Lectures, tutorials, seminars and exercises.

Assessment

Written home exam (5 credits). Written assignments for higher grades.