Course content

The course aims to develop a holistic understanding of the concept of financial management and thus contribute to experience in defining and solving business economics problems.

The course will give students an introduction to different theoretical perspectives that can be used in practical and theoretical problem solving

The course is built around both classical economic theories and modern theoretical perspectives on financial management in its social and organizational context.

The teaching is organized around the following main theme

• Classical economic theory of financial transaction management.
• Financial management and behavioral implications. This involves the development of knowledge about performance management, different approaches to management challenges and management in different contexts.
• Management in different situations. This involves the development of knowledge about financial management practices and management challenges in various practical situations.
• Change and innovative financial management. This involves the development of knowledge about how financial management technologies and practices play a role in organizational change processes, including how innovative technologies and practices are disseminated in private and public enterprises.

Learning outcome

Knowledge

Candidates

• - has advanced knowledge within the subject area financial management and specialized insight within theories, models and techniques for financial management.
• - has in-depth knowledge of the subject area's scientific theory and analysis methods.
• - can apply knowledge in new areas within the field of financial management through work with cases, practical exercises and company presentations
• - can analyze academic issues based on the subject area's historical development, traditional approaches, its uniqueness and its place in society.

Skills

Candidates

• - can analyze existing theories, methods and interpretations within financial management.
• - can use management tools in solving business economics issues
• - can use relevant methods for research and professional development work in an independent way.
• - can analyze and relate critically to various sources of information and use these to structure and formulate professional reasoning.

General competence

Candidates

• - can analyze relevant professional and research ethics issues
• - can use their knowledge and skills in financial management to carry out advanced work tasks and projects
• - can convey independent work and masters the subject area's expressions.
• - can communicate about academic issues, analyzes and conclusions within the subject area

Learning methods and activities

The aim is for a lecture of three hours per week during the semester. The teaching will be given in the form of lectures, seminars, case reviews, student presentations, guest lectures.

Compulsory assignments

• Mandatory assessment
• Mandatory assesment

Specific conditions

Recommended previous knowledge

ØS410 Strategisk økonomistyring

Course materials

Published at the start of the course

Credit reductions