This module provides an introduction to the fundamentals of entrepreneurial finance and explains the essentials of financial accounting and financial statement analysis. The course is designed for students who are learning finance for the first time. The foundational concepts covered in this course will include: Time value of money, project evaluation, business valuation principles, risk fundamentals, and cost of capital. During the module students will learn how to choose among projects, basics of risk management, how to understand financial structures, will learn about the purpose and challenges of performing a valuation. Finance theories, tools and techniques covered in the course can be utilized in any management decision-making process in any business sector.
Part two of the module will be dedicated to financial accounting and financial statements analysis. Students will learn how to read, interpret and analyse financial statements using an IT tool in order to make informed business decisions regarding investment, credit, or resource allocation. The students will learn how to understand financial statements, how to monitor sales, inventories, liabilities and cash flows and how to make judgements about company’s profitability, liquidity and solvency in order to determine where the company currently stands and whether it is attractive for potential investors. The accounting part in this Module is essential for any entrepreneur as this knowledge is crucial for the long-term success of each business activity.
The objective is that the student after the module possesses the necessary knowledge on:
The objective is that the student after the module possesses the necessary skills in:
The objective is that the student after the module possesses the necessary competences in:
For information see § 17.
|Name of exam||Principles of Finance and Financial Statement Analysis|
|Type of exam|
Written examIndividual examination.
|Assessment||7-point grading scale|
|Type of grading||Internal examination|
|Criteria of assessment||The criteria of assessment are stated in the Examination Policies and Procedures|
|Danish title||Principper for finansiering og regnskabsanalyse|
|Language of instruction||English|
|Location of the lecture||Campus Aalborg|
|Responsible for the module|
|Study Board||Study Board of Economics and Business Administration|
|Department||Aalborg University Business School|
|Faculty||Faculty of Social Sciences and Humanities|