Course syllabus for Management accounting

The course syllabus contains changes
See changes

Course syllabus adopted 2022-05-02 by Head of Programme (or corresponding).

Overview

  • Swedish nameEkonomistyrning
  • CodeTEK482
  • Credits7.5 Credits
  • OwnerMPMAR
  • Education cycleSecond-cycle
  • Main field of studyShipping and Marine Technology
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail

Course round 1

  • Teaching language English
  • Application code 01116
  • Open for exchange studentsYes

Credit distribution

0120 Project, part A 1.5 c
Grading: UG		 1.5 c
0220 Examination, part B 6 c
Grading: TH		 6 c
  • 12 Jan 2022 pm L DIG
  • 12 Apr 2022 pm L DIG
  • 18 Aug 2022 pm L DIG

In programmes

Examiner

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Eligibility

General entry requirements for Master's level (second cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

English 6 (or by other approved means with the equivalent proficiency level)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

None.

Aim

The aim of the course is that students are to attain basic understanding about economic relationships and commonly used decision material in industrial settings. The student should be able to actively participate in decision-making processes in companies. The students in their future profession should be able to understand and critically examine the content of economic reports, be able to produce decision-making material, based on economic information and actively participate in producing budgets. Focus lies on the company internal perspective.

Learning outcomes (after completion of the course the student should be able to)

- Explain and paraphrase basic concepts and terminology in management and financial accounting.
- Use, explain and interpret common economic reports within companies in general and the shipping business in particular.
- Describe and separate different kinds of economic accounting methods and to modify and calculate the outcome with the use of such methods.
- Identify and discuss the role of budgets in organisations.
- Develop budgeted financial statements.
- Explain why ethical issues arises in budgeting.
- Design, modify and calculate performance measurements
- Judge investment alternatives by finding and compiling relevant information as well as perform capital budgeting.

Content

The course contains four areas of interest and the first starts with the introduction of essential economic terminology and relationships. This section will also contain a brief explanation of bookkeeping to facilitate understanding of economic reports.

A second area will focus on cost accounting. It will deal with different types of costs, methods for calculating costs in different situations and under different premises.

The third area treat economic reports and analysis of these as well as dealing with economic planning and budgeting. To some extent the connection between economic decisions, management and delegation of responsibility is also treated.

The fourth area of the course will deal with the value of money in a long perspective and how to evaluate investment opportunities and their financing.

Organisation

The core learning activities in the course consists of a number of lectures and exercises, covering different management control systems as well as performing a project.
 Some compulsory seminars or other learning activities might be part of the course.

Literature

The list of literature will be presented on the course webpage no later than two weeks before the course start.

Examination including compulsory elements

The students knowledge and abilities will be examined through:
- an individual exam 
- conducting a project 
- conduct compulsory assignments/tasks. 

To achieve an approved final grade on the course, all parts need to be at least approved. The level of the final grade is decided by weighting the result on the exam and the project. 

Alternative forms of examination might be used in special cases.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.

The course syllabus contains changes

  • Changes to examination:
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0220 Exam 6,0 hp] Changed to digital examination
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0220 Exam 6,0 hp] Changed to digital examination
  • Changes to module:
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0220 Examination 6,0 credit] Changed to digital examination