Students will have acquired knowledge about the basic concepts of:

• management: main functions of management, drivers of performance and the most relevant practices;
• financial accounting: the accounting recording process and the preparation of financial statements.
• managerial accounting: the cost concepts, the common methods for determining unit product costs, the cost-volume-profit relationships and the rationale for budgeting.

Ongoing assessments to monitor academic progress will be carried out in the form of facsimile tests or meetings between the lecturer and a group of students developing teamwork.

By the end of the course, students will know how:

• to use the most relevant practices to accomplish the main functions of management;
• to perform the accounting recording process and prepare financial statements;
• to use the common methods for determining unit product costs and the cost-volume-profit analysis.

Small projects will be carried out in order to understand how to use the most relevant practices. Students will have to prepare and present a written report that documents the results of the project activity. Furthermore, exercises will be used by the students during the sessions.

Students will acquire an awareness of management, financial accounting and managerial accounting issues. Students will acquire leadership skills and team building capabilities through the analysis of business cases and team works.

During the sessions, the accuracy and precision of the activities carried out will be evaluated. During teamwork, the methods of management and organisation during the project phases will be evaluated.