ANALYSIS OF COSTS AND SELECTION OF INVESTMENTS | TecnoCampus | Centers attached to Pompeu Fabra University and Business Park

General information

Subject type: Mandatory

Coordinator: Julián Horrillo Tello

Trimester: First term

Credits: 6

Teaching staff:

Jordi Mas Castellà

Skills

Specific skills

CE20: Analyze and interpret the economic-financial statements of companies and foundations for decision-making.

Transversal competences

CT1: That the students know a third language, which will preferably be English, at an adequate level orally and in writing and in accordance with the needs of graduates in each degree.
CT2: That students have the ability to work as members of an interdisciplinary team either as another member, or performing management tasks in order to contribute to developing projects with pragmatism and a sense of responsibility, assuming commitments taking into account the available resources.

Description

Subject framed in the subject of financial economics. The course aims to introduce students to the basic concepts, principles and fundamentals of costing in the industrial company and the analysis of investments and financing plans. The first part of the course is dedicated to the study of financial accounting and cost accounting, analyzing its function within the company, and taking the opportunity to review the accounting cycle and related documentation. Next, the analysis of investments in situations with different degrees of uncertainty and risk is worked on, and the different sources for financing are analyzed. Finally, the structure and contents of the economic-financial plan are described and worked on.

Learning outcomes

At the end of the course the student must be able to:

LO1: Identify the aim and purpose of financial management (EC 20).

LO2: Identify, analyze and value the usual financial operations of companies and other economic entities (EC 20).

LO3: Evaluate the feasibility of investment and financing projects in the industrial environment (EC 20).

LO4: Make strategic decisions based on economic and financial terms in a company (EC 20).

LO5: Interpret the cycle that can be counted and identify the different documents used in it (EC 20).

LO6: Identify and use support technologies for evaluating and managing an investment (EC 20).

C1

C2

C3

C4

C5

C6

A1

A2

A3

A4

A5

A6

A7

RA1

X

RA2

X

RA3

X

RA4

X

RA5

X

RA6

X

Working methodology

Teaching methodology

Theoretical classes in the large group. Exceptionally problem solving, within the framework of the class.

Classes of practices, problems and exercises in the small group. Presentations of the results by the students. Evaluable delivery for each activity.

Final presentation of the case study (activity 5) at the end of the course. Evaluable. Possibility of interaction with examples of real companies.

Doubts about the contents before the final exam.

The final exam includes the contents of the whole subject.

	Large Group	Small Group	Autonomous Learning	TOTAL
Activity 1		2h	3h	5h
Activity 2		4h	4h	8h
Activity 3		4h	4h	8h
Activity 4	1h			1h
Activity 5		4h	10 h	14 h
Activity 6		6h	20 h	26 h
Activity 7	2h			2h
TOTAL	3h	20 h	41 h	64 h

Rules for carrying out the activities

The large group will be organized in theoretical classes, which can be divided into small work groups for the case of problem solving and comments on texts provided by the teacher. Classes will be based on the teacher’s presentation that will serve as class notes.

The small group will be organized into groups that will always work together to carry out the planned activities and deliver the requested reports. Attendance at activities in small groups is mandatory.

The autonomous work will be accompanied by collaborative activities on the virtual platform that will help the student to follow the contents of the course.

Learning activities

Title of the activity 1: Financial analysis of the company		Dedication: 5h	Large Group: Small Group: 2h Autonomous learning: 3h
General description	Evaluate the financial condition of the company based on the analysis of the balance sheet and income statement by calculating the ratios of liquidity, indebtedness, turnover, profitability, etc.
Support material	Examples of balance sheets, income statements, corporate treasury statements. Notes of the subject.
Skills	EC 20, CT 2
Deliverables and links to the evaluation	Deliverable from solving a financial analysis problem. Equivalence: 5% of the final grade.
Specific objectives	RA 1, RA 2

Title of the activity 2: Accounting issues		Dedication: 8pm	Large Group: Small Group: 4h Autonomous learning: 4h
General description	Solving basic accounting problems and financial math exercises.
Support material	List of accounting problems and financial math exercises to solve. Notes of the subject.
Skills	CB 3, CE 20, CT 2
Deliverable and links to the evaluation	Deliverable from the resolution of some accounting and financial mathematics exercises. Equivalence: 5% of the final grade.
Specific objectives	LO 2, LO 5, LO 6

Title of the activity 3: Cost analysis		Dedication: 8pm	Large Group: Small Group: 4h Autonomous learning: 4h
General description	Analysis of the different types of costs of the company and their accounting
Support material	Examples of business costs and their accounting. Notes of the subject.
Skills	EC 20, CT 2
Deliverable and links to the evaluation	Deliverable from solving a cost analysis problem. Equivalence: 5% of the final grade.
Specific objectives	RA 2, RA 5

Title of the activity 4: Partial exam		Dedication: 1pm	Large Group: 1h Small Group: Autonomous learning:
General description	Partial examination; topics 1-3
Support material
Skills
Deliverable and links to the evaluation	Evaluable exam; 20% of the final grade. It does not remove matter.
Specific objectives

Title of the activity 5: Selection of investment projects		Dedication: 14pm	Large Group: Small Group: 4h Autonomous learning: 10h
General description	Analysis of different alternative investment projects in the face of the COVID crisis19. Analysis of support for the change in business strategy resulting from the pandemic.
Support material	Examples of company investment projects arising from the need to modify the business strategy and operations caused by the COVID pandemic19.
Skills	CB 3, CE 20, CT 1, CT 2
Deliverable and links to the evaluation	Deliverable from solving an investment project selection problem. Equivalence: 10% of the final grade.
Specific objectives	LO 3, LO 4, LO 6

Title of the activity 6: Business Analysis X (Business Case)		Dedication: 26pm	Large group: Small group: 6am Autonomous Learning: 20pm
General description	Global analysis of the contents worked during the subject, from the study of a case
Support material	Business case. Company accounts. Notes of the subject.
Skills	CB 3, CE 20, CT 1, CT 2
Deliverable and links to the evaluation	Deliverable: Report / Work on the case, based on case questions. Equivalence: 15% of the final grade.
Specific objectives	LO 2, LO 3, LO 4, LO 5

Title of the activity 7: Final exam		Dedication: 2pm	Large group: 2h Small group: Autonomous Learning:
General description	Final exam; topics 1-6
Support material	Business case. Company accounts. Notes of the subject.
Skills
Deliverable and links to the evaluation	Evaluable exam; 40% of the final grade. Includes all the subject matter.
Specific objectives

Evaluation system

Qualification system (evaluation)

ACTIVITIES	PES discipline
EXAMS	60%
WORKS	15%
WORK EXPERIENCE	25%

Partial exam (Act 4; topics 1-3): 20% + Final exam (Act 7; topics 1-6): 40%
Activity 6 (15%)
Act 1 (5%) + Act 2 (5%) + Act 3 (5%) + Act 5 (10%)

REFERENCES

Basic

Amat, O. (2008). Economic-financial analysis. 20th edition, Gestión 2000

Rocafot, A. & Ferrer, V. (2010). Cost accounting. Editorial Profit

Rodriguez Ariza, L. & López Pérez, MJ (2011). General accounting. Theory and practice. Pyramid

Suárez Suárez, AS (2014). Optimal Investment and Financing Decisions in the Company. 22ª ed., Pyramid, Madrid.

García Parra, M., Jordà Lloret, JM (2004) Financial direction. Polytechnic Classroom / Business Organization. UPC editions.

Complementary

Brealey, RA; SC Myers (2015). Principles of Corporate Finance. 9th ed., McGraw-Hill, Madrid.

Santibáñez, J .; Gómez-Bezares, J. (2014). New Case Studies of Investment and Financing. Editorial Desclee de Brouwer

UN Industrial Development Organization, UNIDO (1986) Manual for evaluation of industrial projects.

https://open.unido.org/api/documents/4788156/download/MANUAL%20FOR%20EVA

UN Industrial Development Organization, UNIDO (2018). Evaluation Manual

https://www.unido.org/sites/default/files/files/2018-04/Evaluation%20Manual%20e-book.pdf

110313 - COST ANALYSIS AND INVESTMENT SELECTION

Degree in Engineering of Industrial Organisation

General information

Skills

Specific skills

Transversal competences

Description

Learning outcomes

Working methodology

Contents

Learning activities

Evaluation system

REFERENCES

Institution

Study

Become an entrepreneur

Community