Category | Theoretical-methodological |
Scientific or art field | Električna merenja, metrologija i biomedicina |
ECTS | 7 |
Adoption of market laws and parameters of functioning of modern business. The educational goal is to enable students to study, as a future master engineer, in integrating the component of strategic thinking in order to adapt to the demands of new global economic trends with technological changes and innovations. The educational goal is also reflected in the fact that the future master engineer is familiar with the basics of business economics and the possibility of combining the technical and economic dimension of business in the organization.
Acquiring knowledge of practical applicability that enables the future master engineer to use basic principles, techniques and tools in the field of economics, finance and accounting, and thus provide adequate engineering support for the realization of financial, accounting, purchasing and sales function tasks and their coordination with other business functions in organization. Economic reasoning about the state and processes of a market economy. The outcome of education is reflected in the development of the ability to align business processes (basic, auxiliary and management) with the economic requirements that are given in the organization and business environment. Acquired knowledge will provide a basis for getting to know the possibilities of using the accounting business information system of the organization as a source of data for managing, executing and controlling business processes.
Basic economic, financial, accounting and fiscal terms of importance for the business of the company. Types of enterprises according to the ownership of capital and management of organizations. Corporate management. Business functions of a company, process and functional management. Significance of financial and accounting functions. Basic Financial Statements and their use in an enterprise. Instruments and procedures for the analysis of financial statements. Getting to know the basic types of costs, CAPEX and OPEX, fixed and variable. Controlling and business indicators. Calculation of the cost of goods and services. Break-even point of profitability. The role of engineers in the budgeting process - planning and integral reporting in the organization. Sources of financing the organization. The importance of durable and working capital in the company's business.
Teaching is done on the basis of a combination of theoretical and practical knowledge. Audiovisual tools are used during lectures and exercises. Exercises are auditory and laboratory. Analysis of case studies from a company and a case study. Individual and group consultations. During classes, work in groups is encouraged in order to familiarize basic economic, financial and accounting concepts in the business of businesses subjects in the local and global socio-economic environment.
Authors | Title | Year | Publisher | Language |
---|---|---|---|---|
2012 | English | |||
2014 | English |
Course activity | Pre-examination | Obligations | Number of points |
---|---|---|---|
Test | Yes | Yes | 40.00 |
Written part of the exam - tasks and theory | No | Yes | 50.00 |
Lecture attendance | Yes | Yes | 10.00 |
Full Professor
Intern Researcher
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© 2024. Faculty of Technical Sciences.