Electronics and Computer Engineering

Industrial Business Management 2

Integrated course, 2.00 ECTS


Course content

- cost effectiveness analysis - production and cost theory - cost accounting and costing: cost type, cost center, cost object accounting - absorption costing vs. direct costing - break-even analysis - standard costing and variance analysis

Learning outcomes

Graduates - are able to determine the cost-effectiveness of investments and processes using different methods, - understand corporate accounting systems, - have an insight in cost accounting and are able to cost products and services, - have communication skills in English with varying emphasis being placed on the four basic skills (speaking, listening, reading, writing).

Recommended or required reading and other learning resources / tools

Books: - Lechner, Egger, Schauer: Einführung in die Allgemeine Betriebswirtschaftslehre - Schierenbeck: Grundzüge der Betriebswirtschaftslehre - Thommen: Allgemeine Betriebswirtschaftslehre - Kemetmüller, Bogensberger, Schilling: Handbuch der Kostenrechnung - Kemetmüller, Bogensberger, Schilling: Übungsbeispiele zur Kostenrechnung - Warnecke, Bullinger, Hichert, Voegele, Kostenrechnung für Ingenieure - Brieger, Pohl: Technical English - Cotton, Falvey: Market Leader - Mascull: Business Vocabulary in Use - Swan; Walter C.: How English Works - Murphy: English Grammar in Use Journals: - Business Spotlight - IEEE Spectrum

Mode of delivery

Integrated course, exercises 50%

Prerequisites and co-requisites

- Technology Management 2

Assessment methods and criteria

Continuous assessment