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? Unrestricted access
Language of instruction Dutch
Lecturer Kathy Schaubroeck
Reference BBBIOW03A00021
 
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
::Click here for additional information::
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