course-details-portlet

TØS410

Management Accounting in Technology-Based Firms

Credits 7.5
Level Second degree level
Course start Autumn 2025
Duration 1 semester
Language of instruction Norwegian
Location Trondheim
Examination arrangement School exam

About

About the course

Course content

  • Basic accounting skills
  • Basic financial statement analysis skills
  • Budgeting Basic understanding of cost structures
  • Traditional costing Activity-based costing
  • Short- and long-term decision making
  • Target costing, life-cycle costing and quality costs
  • Standard cost and variance analysis.

Learning outcome

Knowledge:

After completing the course, the students should be able to explain key concepts and explain important methods used in analyses of a number of business economic issues from a financial management perspective. This involves knowledge of, for example: - financial accounting as a central source of information of companies - budgeting and deviation analyses - different types of calculations and their application - various short-term and long-term decision problems

Skills:

After completing the course, the students should generally be able to apply acquired knowledge in analyses and discussions of practical business economics issues. Based on simple situation description, students can choose to use the method or financial management tools correctly.

General competence:

The student understands the most important principles in accounting and financial management. The student can shed light on basic financial management tools in a critical way as well as reflect on key assumptions and assumptions that are based on the business models.

Learning methods and activities

Lectures, mandatory and voluntary assignments. The main part of the learning is based on the students reading the course material and doing exercises by themselves. Students are advised to read the course material and work with assignments prior to the lectures. There will be conducted two workshops applying a game-based simulator.

Compulsory assignments

  • Participation at business simulator

Further on evaluation

Permitted aids during the exam: Approved calculator according to NTNU's aid code B-D "specific simple calculator". Other calculator allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.

Participation in business simulation is mandatory and must be completed in order for the candidate to qualify for the exam.

In the case of a re-sit exam and the last exam after the course has been discontinued, the form of assessment may be changed to an oral exam

The course is only available to students who have a right to study at the Master's program in Technology Management at NTNU Business School.

Specific conditions

Admission to a programme of study is required:
Management of Technology (ØAMLT)

Required previous knowledge

None

Course materials

Grunnleggende økonomistyring (siste utgave, p.t. 2. utgave) av Terje Berg. In addition, lecture notes and any other handouts.

Subject areas

  • Economics and Administration

Contact information

Course coordinator

Lecturers

Department with academic responsibility

NTNU Business School

Examination

Examination

Examination arrangement: School exam
Grade: Letter grades

Ordinary examination - Autumn 2025

School exam
Weighting 100/100 Examination aids Code D Date 2025-12-17 Time 09:00 Duration 4 hours Exam system Inspera Assessment
Place and room for school exam

The specified room can be changed and the final location will be ready no later than 3 days before the exam. You can find your room location on Studentweb.

Sluppenvegen 14
Room SL311 brun sone
5 candidates
Room SL310 blå sone
22 candidates
Room SL311 orange sone
4 candidates

Re-sit examination - Summer 2026

School exam
Weighting 100/100 Examination aids Code D Duration 4 hours Exam system Inspera Assessment Place and room Not specified yet.