course-details-portlet

IS200105 - Business economics - engineering programmes

About

Examination arrangement

Examination arrangement: School exam
Grade: Letter grades

Evaluation Weighting Duration Grade deviation Examination aids
School exam 100/100 3 hours HJELPEMIDD

Course content

Course content:

  • The double-entry accounting system and the balance sheet equation
  • The standard chart of accounts
  • Recording/posting of some central business transactions (according to the bookkeeping rules and regulations), closing of accounts and presentation form
  • Financial analysis
  • Costs, classification of costs and product costing methods
  • Briefly about market and competition forms and profit optimization
  • Basic budgeting
  • Simple product choice analysis
  • CVP-analysis, Project and Investment analysis

Learning outcome

Knowledge:

  • have knowledge of the purpose of a financial statement
  • have knowledge of double-entry bookkeeping
  • have knowledge of standard chart of accounts
  • have knowledge of the Accounting Act statement for the income statement and balance sheet
  • have insight into basic cost and income theory
  • understand how the enterprises should adapt in some market situation
  • have knowledge of basic costing methods, break-even analysis, simple product choice analysis and simple investment analysis

Skills:

  • be able to post the most common business transactions, make accrual accounting and close simple annual reports
  • be able to analyze key relationships in the financial statements
  • be able to apply basic cost and income theory
  • understand how the enterprise should adapt under the selected market forms
  • be able to prepare break-even analysis, simple product choice analysis and simple investment analysis
  • be able to work out analysis of the annual report

Competence:

  • reflect on central role of the financial and accounting function in the management of an enterprise
  • be able to assess the business events in the light of the subject matter
  • have insight into how the subject matter can be used in the sustainable development of organizations

Learning methods and activities

Teaching methods:

Lectures and exercises with assistance. The learning management system Blackboard will to some extent be used in the exchange of information.

Compulsory assignments

  • Obligatorisk forkrav

Further on evaluation

Supporting material allowed on exams: Calculator (none programable and without the ability to wirelessly communicate). No printed or hand-written support material is allowed.

Mandatory assignments:

Maximum 2 compulsory papers must be handed in for assessment before ordinary exam (the exact number of required papers will be announced at the course start). Previously approved mandatory assignments do not need to be handed in again for later exams.

Attendance at classes may be required.

Specific conditions

Admission to a programme of study is required:
Nautical Studies (353YV)
Naval Architecture - Engineering (699SD)

Course materials

Obligatorisk: Gunnar Engelsåstrø: ABC for ikke-økonomer, 5th edition, Universitetsforlaget (2021), ISBN: 9788215047706, The entire book except chapter 9. The final information is given at the start of the semester.

Credit reductions

Course code Reduction From To
IS200105 5.0
More on the course

No

Facts

Version: 2
Credits:  5.0 SP
Study level: Third-year courses, level III

Coursework

Term no.: 1
Teaching semester:  SPRING 2024

Language of instruction: Norwegian

Location: Ålesund

Subject area(s)
  • Nautic
  • Economics
Contact information
Course coordinator:

Department with academic responsibility
Department of International Business

Examination

Examination arrangement: School exam

Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
Autumn UTS School exam 100/100 HJELPEMIDD 2023-12-15 09:00 INSPERA
Room Building Number of candidates
G132 Gnisten/Fagskolen 1
Spring ORD School exam 100/100 HJELPEMIDD 2024-05-30 09:00 INSPERA
Room Building Number of candidates
C218 Ankeret/Hovedbygget 26
  • * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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