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Identical coursesFinancial Business Management (B-ODISEE-OBF60A)
Bormans Jef (coordinator) | Bormans Jef Aims
Competence 1: Leaving from his own area of specialization the graduate can support the company policy efficiently
1.3 Interprets financial ratios, costing and the annual accounts and provides advice in order to prepare short and long term management decisions. (intermediate)
1.6 Can provide advice in order to prepare and conclude commercial transactions. (starter)
Competence 2: The graduate actively supports various actors in achieving the (strategic) objectives of a company or organization
2.2 words recommendations for management decisions in the short and long term. (intermediate)
2.3 words recommendations in order to optimize the financial health of a company. (starter)
Competence 3: The graduate shows entrepreneurial spirit, works indepentently, systematically and accurately and acts solution-oriented and innovative to optimize context-related business and organization process.
3.4 draws up budgets, substantiates and monitors them. (intermediate)
Previous knowledge
General admission requirements and prerequisites: check the education and examination regulations
Specific requirements and prerequisites: Good knowledge of MS Excel (cf. ICT and Organisation) is expected.
Identical courses
This course is identical to the following courses:
OBF02A : Financial Business Management (No longer offered this academic year)
Is included in these courses of study
- Bachelor of Business Management (Brussels) (Major in Marketing) 180 ects.
Activities
4 ects. Financial Business Management (B-ODISEE-OBF60a)
Content
This course provides a one semester introduction to accounting on the one hand (collecting, analysing and communicating financial information to permit informed judgement and decisions by users of the information) and finance on the other (how businesses raise funds from investors and use these funds to make investments to create weatlh). Within accounting a clear distinction is made between financial accounting (for external users, other than the managers of the business) and management accounting (for internal purpose, i.e. the managers of the business).
Contents of the course:
1. Introduction to accounting and finance
Part 1 – FINANCIAL ACCOUNTING
2. Measuring and reporting financial position
3. Measuring and reporting financial performance
4. Accounting for limited companies
5. Measuring and reporting cash flows
6. Analysing and interpreting financial statement
Part 2 – MANAGEMENT ACCOUNTING
7. The relevance and behaviour of costs
8. Full costing
9. Budgeting
Part 3 - FINANCE
10. Making capital investment decisions
11. Financing a business
12. Managing working capital
Course material
Textbook: https://studiemateriaal.odisee.be/publiek/OlaFiche.aspx?OID=36092
ISBN 9781292334752 Accounting and Finance for Non-Specialists, Peter Atrill, 12th edition (MyLab + eText) (2024-2025 price = 53,59 EUR)
You do need to acquire a package, as the weekly assignments count for your final grade for a certain percentage (cf. evaluation section for details).
Supplementary documents will be posted on Toledo. MS Excel will also be implemented in the classes, exercises and assignments.
Language of instruction: more information
This course is taught in English.
Format: more information
Assignments - Supported home-study
Lectures combined with practical exercises + weekly assignments
Along with the mandatory (e)textbook comes an online learning platform, named MyLab Accounting. Assignments are due through this platform on a weekly basis and worth a considerable percentage of the total grade for this course (cf. Evaluation section for details).
Classes take place in BYOD (Bring Your Own Device) classrooms, so please bring your personal laptop for practice purposes!
Evaluation
Financial Business Management (B-ODISEE-O73872)
Explanation
| Assessment | Grading scale |
|---|---|
| TOTAL | 1-20/20 scale |
A. COURSE EVALUATION PRINCIPLES
Course assessment is an examination worth 60% (midterm exam possible) plus permanent evaluation (weekly assignments through MyLab) worth 40%.
A.1. THE EXAM (WORTH 60% OF THE COURSE)
- is a combination of multiple choice, multiple answer, fill in the blank and matching questions (open questions are also possible); and
- is an online, on campus exam
A.2. PERMANENT EVALUATION (WORTH 40% OF THE COURSE)
- is an excellent way to prepare for the final exam (and if necessary the retake); and
- will only be taken into account when the student scored at least 40% (8/20) on the exam.
B. ADDITIONAL COURSE EVALUATION GUIDELINES (as part of BBM program policy)
- Absence Policy. What do you have to do when you are ill during assignments/tests/presentation or absent during an exam? Please apply the BBM-absence policy as published online at https://www.odisee.be/en/bachelor-business-management-brussels/reporting-your-absence
- Groupwork with "Peer grading": all evaluation activities that contain group work, will apply "peer grading" (captured via formalized process), to differentiate individual score vs. group average, based on collected peer feedback.
- Assignment submission. All assignments will have to be submitted on Toledo / TurnItin. Emailed assignments will NOT be graded.
- BYOD Exam Policy. This course has an online, on campus exam where the BYOD (Bring Your Own Device)-policy fully applies. The BYOD-policy is published online at https://www.odisee.be/en/bachelor-business-management-brussels/bbm-practical-information
- AI & document authenticity Policy: You need to submit authentic, original work for your course assignments, presentations and open book exams (a.o. no copy/paste from AI tools). The BBM-AI & authenticity policies are published online at https://www.odisee.be/en/bachelor-business-management-brussels/bbm-practical-information. Deviation from this policy is only possible if the course lecturer explicitly allows use of AI-tools via TOLEDO/Ultra announcement or in course material or assignment instructions.
Information about retaking exams
A. COURSE EVALUATION PRINCIPLES
The retake:
- is an examination worth 100% of the course grade;
- is a combination of multiple choice, multiple answer, fill in the blank and matching questions (open questions are also possible); and
- is an online, on campus exam
B. ADDITIONAL COURSE EVALUATION GUIDELINES (as part of BBM-program policy): identical as in 1st exam opportunity