Business Simulation
Brief description
Types and characteristics of processes of operational performance; internal flow of material and cash flow; stock and flow rates; balance sheets, income statement, cash flow statement; decision and management processes; management decisions and their effects on operations
Mode of delivery
Präsenzveranstaltung
Type
Pflichtfach
Recommended or required reading and other learning resources/tools
Elliott, B. / Elliott, J. (2019): Financial Accounting and Reporting, 19th edition, Pearson
Planned learning activities and teaching methods
Board game-based business simulation
Assessment methods and criteria
Practical course without exam, continuous assessment stems from participation during game-based business simulation and results in the grading: successfully participated
Prerequisites and co-requisites
none
Infos
Degree programme
European Economy and Business Management (English)
Cycle
Bachelor
ECTS Credits
1.00
Language of instruction
English
Curriculum
Full-Time
Academic year
2024
Semester
1 WS
Incoming
No
Learning outcome
After successful completion of the course, students can show the effects of elementary operational business decisions on the performance of a company and how they are reflected in finance and accounting. They also can illustrate the essential relationships and interactions between the balance sheet, income statement, cash flow and profitability ratios (2).
LO 3.1. carry out measures of management consultancy
Course code
1389-20-01-VZ-DE-02