Entry requirements

General entry requirements

Learning outcomes

The course aims to provide students with integrated knowledge in accounting, costing, and real estate valuation. After completing the course, students should be able to:

• independently identify and describe relevant content in accounting information and use this information to calculate financial key ratios and explain their meaning,
• describe the content and design of annual reports,
• apply relevant concepts and relationships in calculations with different calculation models and determine in which situations these are appropriate to use,
• independently conduct investment assessments,
• account for value theory regarding real estate,
• account for basic real estate valuation methods,
• independently perform real estate valuations using value theory and basic valuation methods,
• integrate knowledge from the different parts of the course to conduct economic analyses of real estate and real estate companies.

Content

The course provides students with a comprehensive understanding of business economics focused on the real estate sector by integrating accounting, calculation methods, and valuation in a cohesive perspective. Students learn how a company's financial situation is described and analysed through income statements, balance sheets, cash flow analysis, and key performance indicators for profitability, liquidity, and financial position. This knowledge is directly connected to practical applications within the real estate industry, where students learn to use financial management tools and calculation methods to assess investments and profitability in real estate projects. The course also encompasses valuation theory and valuation methods such as the comparative method or the discounted cash flow valuation for both residential properties and income-generating real estate. By combining these areas, students gain broad competence to make well-informed economic decisions and use valuations as decision support within the real estate field, with particular attention to the specific conditions that apply to real estate companies and tenant owners' associations.

Instruction

Teaching takes place in the form of lectures, seminars, group work and project work.

Assessment

The examination consists of three modules:

1. Seminars and Assignments, 4.5 credits (U, G)
2. Written Exam, 8 credits (U, G, VG)
3. Project Work, 2.5 credits (U, G)

A final grade is given for the entire course, 15 credits.

For a final grade of pass (G) for the entire course, at least grade G is required on all three modules. For a final grade of pass with distinction (VG) for the entire course, grade VG is required on module 2, and grade G on modules 1 and 3.

Examination in module 1 takes place individually and in groups, while examination in module 3 takes place in groups and examination in module 2 takes place individually. Grading criteria are presented in the study guide that applies to each course section.

Examination submitted after the deadline will not be assessed, unless special circumstances can be proven. Any supplementary work must be submitted no later than the time specified in the study guide.

Students who have not received a passing grade on module 2 have the opportunity to retake the exam without re-registration during subsequent course sections. For students who have not received a passing grade on module 1 or module 3, respectively, a supplementary assignment is offered in connection with the current course section, according to instructions in the study guide. If the student does not receive a passing grade after submitting the supplementary assignment, the module (with all associated examination components) must be retaken, which requires re-registration for subsequent course sections.

If special circumstances exist, the examiner may make exceptions to the specified examination method and allow a student to be examined in another way. Special circumstances may include, for example, notification of special pedagogical support from the university's coordinator.

Uppsala University does not accept cheating or plagiarism. Suspected incidents of cheating or plagiarism are reported to the Vice Chancellor, who may issue a formal warning or suspend the student from studies for a certain period of time.

NOTE: Only completed courses can be included in a degree.

Other regulations

The course replaces/overlaps among others the following courses: Financial Accounting 1 2FE161, Management Control 1 2FE159, Company and Real Estate Valuation 2FE036, Economy, Accounting and Analysis 2FE032, Accounting 2FE155, Costing and Capital Budgeting 2FE156, Financial Accounting with Applied Business Analysis 2FE944, Financial Calculation 2FE945.