MANAGEMENT
 
Taught in 3rd year Bachelor in Biosciences Agricultural science
3rd year Bachelor in Biosciences Horticulture
3rd year Bachelor in Biosciences Food Industry
Theory [A] 36.0
Exercises [B] 0.0
Training and projects [C] 24.0
Studytime [D] 150.0
Studypoints [E] 5
Level in-depth
Credit contract? Unrestricted access
Examination contract?
Language of instruction Dutch
Lecturer Kathy SCHAUBROECK
Reference BBBIOW03A00006
 
Key words
Management

Objectives
An introductory course in financial management

Topics
  • Classification of costs
  • Fixed Costs vs. Variable Costs
  • Direct Cists vs. Indirect 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
Written examination, most exercises

Scoring system :
  • Theory: 1/2
  • Exercises: 1/2


Lecturer(s)
Kathy SCHAUBROECK