After finishing this module, you will have the skills and knowledge to advise management on strategic decisions from a long-term accounting, value, performance and risk perspective. To fulfill this objective, you will be familiar with and will know how to apply a toolkit of concepts, theories, models and methods. The relevant decisions related to strategic planning and control, anticipating on the economic situation concern major shifts in the direction of the company, such as acquiring new businesses, selling existing businesses, changing the portfolio of products or markets or restructuring the business. Additionally, you will gain insight in the international financial environment and decision making regarding risk diminishing decisions.
This module of the Master of Business Administration programme
includes the fundamental courses of financial and management accounting
and includes practical examples and activities that will give the
student the skills and knowledge to identify, analyze, interpret,
evaluate and communicate information to help an organization manage its
resources and achieve strategic goals.
Financial Accounting is concerned with the preparation and analysis of financial statements
for decision makers, such as stockholders, suppliers, banks, employees,
government agencies, owners, and other stakeholders. The course enables
students to give advice and support the Strategic Management of a firm
based on these financial disciplines.
Management Accounting is
about making better business decisions; the practical understanding of
key drivers for adding value to a business, and how these are tied to
the decision-making process. It’s about helping people run their
businesses more efficiently and effectively in order to achieve the
desired outcomes such as increasing returns or delivering improved
This module gives access to Finance 2: Corporate Finance.