Course content

• Financial management in the maritime industry
• Why budgeters
• What is the budget used for
• Management tools in a work of companies of the maritime industry
• Use in strategy and management Calculations
• Pricing
• Traditional calculations, cost and contribution
• Activity-based calculation (ABC calculations) budget
• Link calculation and budget
• Main budget and use of sub-budget
• Profitability analysis/key figures, total capital, solvency, etc.
• Linking budget and accounts
• Structuring, chart of accounts, cost centers
• Operating accounts
• Discrepancy analysis

Learning outcome

Learning outcomes - Knowledge:

• explain the conceptual framework for budgeting and calculation

• document in-depth knowledge within budgeting and calculation

• use scientific methodology and working methods for the development of written reports

• independently update their knowledge in the subject area, both through literature search, contact with academic environments and by revising their own practice

Learning outcomes - Skills:

• describe in detail describe budgeting and calculation as a necessary management tool

• give examples of practical budget and calculation work

• conduct written and oral presentations of subject subjects • contribute actively in the formulation of strategies and budgets for enterprises

Learning outcomes - General competence:

• insight with regard to the connection between strategy and budgeting and calculation

• competence to participate actively in professional discussions and have the ability to share their knowledge and experiences with others and contribute to the development of good practice within the subject area

• ability to convey professional information both in writing and orally

• knowledge of facilitating innovation and innovation processes • budget for companies

Learning methods and activities

Pedagogical methods: Lecture - group work - self-study

Specific conditions

Course materials

Will be announced at the beginning of the semester.

Credit reductions