IHM BusinessFinance.

Course description MODULE 1: Economic analysis of different business choices and the company's financial planning The learning focuses on how the business model and the company are reflected in the financial reporting and how shareholders and lenders judge the company's performance based on this information. This also includes understanding what it costs to finance the company's assets and the implications of this for the company's financial targets. The critical question is what level of profitability is required if shareholders and lenders are not to lose faith in the business. MODULE 2: Design of financial control mechanisms The learning focuses on developing the ability to influence the design of different organisational control mechanisms. This includes learning how internal accounting and calculation can address various conflicting goals, such as prioritising volume growth and profit margins. A relevant design of internal reporting and calculation makes it easier for employees and managers to make financially sustainable decisions in the company. MODULE 3: Design of a business case in conjunction with a business or process development project The learning focuses on working independently in a group to create a financially supported business case for an external client in a business or process development project. The work includes defining the target effect for a project in profitability and operational terms and evaluating the financial implications and risks of possible solutions to the client. Scope: The course covers approximately 400 hours of which approximately 100 hours are teacher-led. The remainder includes time for private study (recommended time or more) and examinations.