Key words
Management
Objectives
An introductory course in financial management
Topics
- Classification of costs
- Fixed Costs vs. Variable Costs
- Cost Systems
- Standard Cost System vs. Actual Cost System - Analysis of the differences
- Absorption Costing vs. Direct Costing - Break even analysis
- Investment appraisal : basic methods
Prerequisites
General Economics (see 1 Bachelor)
Final Objectives
The student must be able to make an accurate costprice analysis and understand the rendability criteria by which farms or other companies are analysed and compared.
Materials used
- Teacher's course
Study costs
Cost: 5.0 EUR
± 5 Euro
Study guidance
Students can always make an appointment with the teacher.
Teaching Methods
- lectures - case studies - exercises - home study
Assessment
- Scoring system :
written examination, most exercises
T: 1/2
E: 1/2
Lecturer(s)
Kathy SCHAUBROECK
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