For study of the course, students must have/be able to:

• A knowledge and understanding of the content of financial statements.
• An ability to solve equations and calculate minimum and maximum values of functions, working out function graphs in various rasters.
• Knowing the relationship between graphs and numerical formulation.
• A knowledge of structure and creation of the business’s strategic and operational plan including relations among its parts.

Requirements for gaining the credit:

1 credit test at previously set date. The test will include 4 examples, the maximum score from test is 40 points. To pass the test a score of at least 60%, i.e. 24 points, is needed. The test can only be resat once. The credit test lasts 60 minutes.

Examination requirements:

Knowledge is verified by a written examination. Only students who have applied in university information system and have the credit entered will be allowed to sit the examination. The examination is made up of 6 theoretical questions. The written examination lasts 60 minutes. The maximum score for the written examination is 60 points. To pass the test a score of at least 60%, i.e. 36 points, is needed.The resulting assessment of the course is the sum of the points scored from the credit test and written examination. 

Students with an individual study plan are required to take a credit and examination test.

Attendance at lectures and seminars is compulsory and checked by the tutor. Lessons are composed on the basis of weekly schedules. Way of substituting missed lessons is fully in competence of a teacher.

The main objective of the course is to introduce students with the strategic aspects of maximizing value of business and closely related financial and accounting concept.

Knowledge: The students can explain the how various strategical decisions can affect the business value and how to manage these factors through value-based management. Furthermore, they know aspects influencing sustainable business growth and its importance to enhancing business value as prior aim of doing business.

Skills: Students are able to comprehensively judge the financial efficiency of business as well as investment project and working capital issues in relation to adopted business strategy.

Abilities: Students are capable of critically assess business performance, factors influencing business growth and calculate simplified business valuation. Students are able to analyse business performance using the Economic value added (EVA) concept.

• compulsory prerequisite
  International Finance
• compulsory prerequisite
  Contemporary Issues in European Management Accounting

• Programme MGR-EBF Master's 2 year of study, winter semester, compulsory
  
• Programme MGR-IBM Master's 2 year of study, winter semester, compulsory
  

• Programme MGR-Z Master's

  branch MGR-Z , 1 year of study, winter semester, elective