BUS100F The Company – an Introduction to Business Administration – Online version

Credits (ECTS):5

Course responsible:Øystein Dahl

Campus / Online:Online

Teaching language:Norsk

Course frequency:Once per year, spring parallell.

Nominal workload:125 hours.

Teaching and exam period:This course has teaching/evaluation in Spring parallel.

About this course

Most people will benefit from understanding business administration during their working life, even if you don't necessarily work directly with business administration. It is important to understand the fundamental connections between the company's strategies and plans, budgets, organisation, the profit and loss statement and the balance sheet, all within the framework of the company's important contribution to sustainable development. The course provides an introduction to contexts in business economics - primarily in accounting, business management and finance, but also in organizational subjects, marketing and strategy. following topics are covered:

Cost and cost behavior; Markets; Product costing, Cost allocation; Short term production decisions and trade-offs; Financial accounts; Time value of money; Capital budgeting.

Learning outcome

Knowledge:

The student:

  • Has an interdisciplinary understanding and basic insight into how businesses, the economy, and the stock market function, and how these influence society.
  • Has knowledge of key concepts and familiarity with important tools used in the analysis of business economics issues (including accounting, financial management, finance, marketing, strategy, organizational theory, and psychology).
  • Has an understanding of corporate social responsibility and sustainability from a business economics perspective.

Skills:

The student:

  • Can analyze and interpret economic data to assess a company's financial situation, including financial statements, key financial figures, and market data.
  • Can apply business economics methods and models to solve fundamental economic problems within accounting, financial management, and finance.
  • Can communicate economic assessments both in writing and orally in a professionally precise manner, adapted to different target audiences.

General Competence:

The student:

  • Can master key business economics terminology.
  • Can think critically and reflect on the role of businesses in society.
  • Can apply knowledge at an overall level to understand how businesses function.
  • Can extract essential information from a company's annual report.
  • Learning activities

    Video lectures, in Norwegian.

    Digital seminars with seminar leaders.

  • Assessment method
    Written digital home exam. The final examination of 3 hours counts 100%.

    Written Exam at Home Karakterregel: Passed / Not Passed
  • Examiner scheme
    An external examiner is involved in reviewing the course design and the tests.
  • Mandatory activity

    10 quizzes (multiple choice). The student must pass 6 of the quizzes to qualify for exam.

    Approved mandatory activity from a previous year remains valid upon retaking the course.

  • Notes
    BUS100F is the digital online version of BUS100. The digital version of the course (BUS100F) has a different assessment method (take-home exam) and grading system (pass/fail) than the regular courseBUS100.
  • Teaching hours

    Lectures: 2 hours per week.

    Seminars/problem solving exercises: 0-2 hours per week.

  • Reduction of credits
    5 ECTS-credits overlap with BUS100, INN200, INN200F, INN201-B and BUS101.
  • Admission requirements
    Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)