Course: Fundamental Areas of International Business 3 credits: 5

Course code
LBVP23FAB3A
Name
Fundamental Areas of International Business 3
Study year
2023-2024
ECTS credits
5
Language
English
Coordinator
J. Wang
Modes of delivery
  • Education
Assessments
  • Fundamental Areas of Int. Bus. 3 exam - Computer, organised by STAD examinations

Learning outcomes

Financial Accounting: 

For a service, manufacturing or trading company, in a domestic or international context, the student is able to: 

  • use the accounting equation to analyse transactions; 
  • record transactions and adjustments in journals and t-accounts; 
  • construct financial statements (income statement, statement of retained earnings, balance sheet and cash flow statement); 
  • Define, calculate, and interpret financial ratios;

Managerial Finance: 

  • Understand and describe the role of (International) managerial finance 
  • Distinguish between various financial markets and institutions in the financial market environment 
  • Understand and utilize consolidated financial statements 
  • Explain the main elements of working capital—current assets & current liabilities management 
  • Compute and calculate: 
  • the cash conversion cycle 
  • the cost of credit terms 
  • the ability to pay current liabilities 
  • Understand and define the capital structure of the firm 
  • Understand and define the general features of bonds and stocks used by a firm   

LW10-2, TWM18-2, TWM19-2 


 

Content

Through this module, students will see that financial accounting and managerial finance focus on different perspectives. 

Financial accounting will guide students through the accounting cycle to help them understand how to record business transactions; what the adjusting process is; and how to complete the accounting cycle. Various financial statements and ratio analysis will be introduced to help students understand the financial health of a business.   

Managerial finance introduces topics such as working capital management and capital structure of a company. Students will be able to calculate cash conversion cycle, the resources needed to support a company’s day-to-day operations, financial and operational leverage, etc. This knowledge serves as preparation for the block 1.4 TopSim logistics project. 


 

Included in programme(s)

School(s)

  • International Business School