During the course the students learn to interpret a company's financial situation and profitability and to make the financial statements. They are able to utilize mathematics for economic planning and follow-up.

FINANCIAL ADMINISTRATION 1 cr

After completing the course the students

- are able to calculate the most central ratios concerning financial status and understand their interpretation

- understand how the working capital is tied to a company and how it can be regulated.

ACCOUNTING 2 cr

After completing the course the students

- are able to take care of the basic tasks related to the end of an accounting period

- can prepare a profit and loss account and balance sheet for a small firm.

MATHEMATICS 2 cr

After completing the course the students

- know the effects of change in the value of prices and currency and can handle them in calculations

- are able to make cross-currency calculations to calculate the effects of change in the value of the euro

- are able to make financial calculations using interest rate and interest rate cut-off calculations

- can use spreadsheet calculations.