Financial Management | Faculty of Technical Sciences

Subject: Financial Management (17.IM1018)

Native organizations units: Department of Industrial Engineering and Engineering Management, Chair of Production Systems, Organization and Management

Type of studies	Title
Undergraduate Academic Studies	Engineering Management (Year: 2, Semester: Summer)

General information:

Category	Scientific-professional
Scientific or art field	Menadžment i investicije u inženjerstvu Proizvodni i uslužni sistemi, organizacija i menadžment
ECTS	4

The educational goal is to train the student, a future engineer of management to integrate components of strategic thinking in order to adapt successfully to the requests of modern economic and social processes. The educational goal is reflected in fact that the future engineer of management should be familiar with the possibility of combining technical and economic dimensions of his work.

Acquiring of practical knowledge in order to provide the future engineer to apply the principles and techniques of management accounting and financial management in all areas where relevant problems occur in the company. The positive outcome of education is reflected in the development of capabilities of harmonizing of technical and other processes with the economic requirements through the use of instruments of managerial accounting and financial management in the company.

The case studies, business finance and other financial disciplines. The objectives of financial management. Financial function of companies. The role, tasks, relationship with other functions and organization. Financial policies, the principles of financial policy. Funding rules, vertical, horizontal. Liquidity ratios, activity and financial structure. Du Pont system of analysis, the basic and extended Du Pont formula. Indicators of market values. Concepts and types of risks and effects. Leverage. Investment decisions under risk. Financial markets and financing, the money market. Financial markets and finance, capital markets. Self-financing, financing. the role of third parties. Financial planning, long term, short term. Financial planning: partial plans (1-9). Financial Planning: parcij. Plans (10-17). Financial planning and investment appraisal. Financial management of working capital. Cash Management. Management customers. Inventory management. Investment funds.

Lectures are combination of relevant theoretical and practical knowledge. Lecturers use audiovisual equipment. Case studies and specific examples from the business of a company. Consultations. Occasionally lecturers are experienced executives from the companies in the role of guest lecturers. Teaching assistant works with the groups of students and train them to use accounting and financial indicators in the company in order to achieve the set of a companie s goals and strategy.

Authors	Title	Year	Publisher	Language
Van Horne J.C., Wachowicz, J.M.	Fundamentals of Financial Management	2007	Data Status	English

Course activity	Pre-examination	Obligations	Number of points
Lecture attendance	Yes	Yes	5.00
Exercise attendance	Yes	Yes	5.00
Coloquium exam	No	No	35.00
Term paper	Yes	Yes	20.00
Written part of the exam - tasks and theory	No	Yes	70.00
Coloquium exam	No	No	35.00