Syllabus for |
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| TEK525 - Accounting and financial management |
| Ekonomi och organisation i byggsektorn fortsättning |
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| Syllabus adopted 2021-02-02 by Head of Programme (or corresponding) |
| Owner: TAFFS |
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7,5 Credits
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| Grading: TH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail |
| Education cycle: First-cycle |
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Main field of study: Industrial Engineering and Management, Civil and Environmental Engineering
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Department: 45 - TECHNOLOGY MANAGEMENT AND ECONOMICS
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Teaching language: Swedish
Application code: 60122
Open for exchange students: No
Maximum participants: 50
Only students with the course round in the programme plan
Status, available places (updated regularly): Yes
| Module |
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Credit distribution |
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Examination dates |
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Sp1 |
Sp2 |
Sp3 |
Sp4 |
Summer course |
No Sp |
| 0115 |
Project |
1,5 c |
Grading: UG |
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1,5 c
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| 0215 |
Project |
2,5 c |
Grading: UG |
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2,5 c
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| 0315 |
Examination |
3,5 c |
Grading: TH |
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3,5 c
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02 Jun 2022 am J, |
09 Oct 2021 pm J 
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25 Aug 2022 am J |
In programs
TAFFS BUSINESS DEVELOPMENT AND ENTREPRENEURSHIP, Year 1 (compulsory)
Examiner:
Carl Sjöberger
Go to Course Homepage
Eligibility
General entry requirements for bachelor's level (first 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
The same as for the programme that owns the course.
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
Approved course BOM225 - Management and organisation in the construction sector or equivalent knowledge / abilities. For the specified prerequisites to qualify, a final grade for the course has to be issued.
Aim
The purpose of the course "Accounting and financial management" is to deepen and broaden the student's knowledge and abilities in economy and organisation.
In area of economy the course concentrates on understanding the accounting (RR, BR), the function of budgets and introducing valuation of projects and assets.
Regarding organisation the course broaden the student's perspective on work safety and labor laws with a special focus on work environment and the aspiration towards safe workplaces in the construction industry.
Learning outcomes (after completion of the course the student should be able to)
- Describe the most common employment legislation on the Swedish labour market.
- Describe the requirements that different stakeholders / agencies in society on safety on a construction site.
- Conduct a inventory of risks in a construction project regarding physical and organisational risks, also considering subcontractors roles.
- Analyse, evaluate and propose measures to control identified risks and health problems.
- Prepare communication and implementation plans for proposed measures.
- Plan for follow-up work and experience-building within the area.
- On a basic level predict and calculate the outcomes of financial decisions in terms of changes in financial reports.
- Assess the outcomes of financial decisions.
- Describe different methods and models for valuation of projects and assets.
- On a basic level, adjust parameters in valuation models to existing conditions.
Content
The course intends to deepen the financial & organisational field, of extra interest to project managers and business developers, from the basic course.
In the organisational area, focus is on the construction industry's work environment and risk / safety handling. Basic employment legislation as well as safety and risk prevention work in practice will be touched upon.
In the economic field, basic book-keeping and budgeting will be addressed. Economic forecasts, outcomes and links between balance sheet, income statement and cash flow in decision-making situations as well as the valuation of financial outcomes will be discussed.
Investment calculation as a basis for valuation will be addressed and influencing parameters will be discussed. Other methods of valuation will also be presented.
Organisation
Learning activities in the course consist of lectures, seminars, exercises and projects.
Projects have both a theoretical and practical basis and content.
Several parts of the course will be mandatory as experience accumulation through exchange with others is central to many areas of the course.
Literature
To be announced at the start of the course.
Examination including compulsory elements
Both projects and the exam as well as all mandatory parts has to be approved to receive a approved final grade.
Projects are carried out in groups and focus on different parts of the course content. Bonus points for the exam may (but need not) be applied.
The exam covers the entire content of the course and the outcome of the exam determines the degree of the final grade.
Alternative means of examination of the course in whole or in part can 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.