CODICE 98220 ANNO ACCADEMICO 2023/2024 CFU 4 cfu anno 1 ENGINEERING TECHNOLOGY FOR STRATEGY (AND SECURITY) 10728 (LM/DS) - GENOVA SETTORE SCIENTIFICO DISCIPLINARE SECS-P/07 LINGUA Inglese SEDE GENOVA PERIODO 1° Semestre MATERIALE DIDATTICO AULAWEB PRESENTAZIONE Elements of Business Economics will provide you with a comprehensive introduction to businesses, their nature, their dynamics and their information. In particular, the course will consider the financial and economic aspects of the business dynamic and how we can record and use financial information to appropriately manage and understand a business. Through the course, you will learn the ways in which financial information are prepared and used to improve the quality of business decision-making. This course is specifically designed for students with little or no prior knowledge of accounting. OBIETTIVI E CONTENUTI OBIETTIVI FORMATIVI The unit aims at giving an outline of the logics and goals underlying the strategic management process and the single strategic choices of a company. The items to be covered are the following: definition of the firm: nature and goals; fundamentals of firm behaviour: efficiency, effectiveness and economic balance; corporate social responsibility and sustainability; fundamentals of the management process: assets and liabilities; revenues, costs and income; profitability; the value of the firm and the value creation process; the drivers of the value creation: competences and competitive advantages; economic value and equity market value OBIETTIVI FORMATIVI (DETTAGLIO) E RISULTATI DI APPRENDIMENTO The unit aims at providing non-accounting students with a solid basic knowledge of the principles and logic underpinning business operations, their recording, and their evaluation. In particular, the course intends to: Examine the conditions for the origins and development of businesses Clarify the concepts of operations and the business dynamics Explain the necessary conditions to achieve and maintain the economic and financial stability of the business Deepen the role of accounting in business and record main operations to identify their impact on the business capital and profit. Understand the profitability, solvency and liquidity of businesses by studying and applaying the main financial ratios. By the end of this course, students will become familiar and competent with the main issues of business administration, such as: the creation and survival of businesses the business fundamental dyanimcs the calculation of the net profit of the year and the invested capital, as well as the meaning of equity value. the use of financial ratios to determine a company’s profitability, liquidity and solvency. Learning outcomes Knowledge and comprehension: students will acquire solid knowledge and factual ability to explain the logic of business operations, including a focus on the nature and activities of businesses, as systematic entities that generate wealth and require financial stability to stay viable. Ability to apply knowledge: Students will be able to apply their acquired knowledge to understand and solve simple and more complex problems concerning business management, organisation and accounting, especially in consideration of the company’s financial stability. Critical judgment: Students will be able to apply the acquired knowledge using their own judgment and critical reasoning, both theoretically and practically. Learning capability: Students will develop appropriate learning capabilities that will support their independent learning of other subject in business administration, accounting and management, especially in their future job positions. Functional alphabetic capability: improve effective oral and written communication within the appropriate context, use of sources/supports/tools, assess, elaborate and utilise information, argument and critical thinking. Personal capability: identify personal skills, focus, manage complexity, critical thinking, make decisions, work independently, ask for help, and manage stress. Social capability: manage social interactions, communicate constructively in different contexts, work in team, show tolerance, express and understand different points of view, generate trust, and show empathy. PREREQUISITI The course does not require previous accounting and business knowledge, being specifically addressed to non-accounting students to provide a broad-based non-specialist introduction to accounting and business management. MODALITA' DIDATTICHE The course makes use of the following teaching methodologies: face-to-face lectures aiming at working on knowledge and comprehension of financial and business concepts and the functioning of the accounting and information system face-to-face tutorials to develop the capability to apply knowledge and critical thinking during the unit, students will also engage in think-pair-share activities by discussing theoretical and practical problems in business economics. This will develop advanced functional alphabetic capability, advanced personal capability; advanced social capability. PROGRAMMA/CONTENUTO Module 1: Introduction to business economics and accounting The main purposes and types of organisations and businesses. Nature and role of accounting: users of financial information. Module 2 Managerial decision making Business planning, capital budgeting for decision-making Module 3 Financial accounting and analysis Financial accounting: reporting financial information; the annual report; financial statement analysis with ratios. TESTI/BIBLIOGRAFIA Students will be provided with various learning materials that will be lodged on AulaWeb. Additional readings (that will be shared by the teacher): Atrill, P., McLaney, E. J.(2011), Accounting for Non-specialists. Prentice Hall - Financial Times http://www.mim.ac.mw/books/Peter%20Atrill's%20Accounting%20&%20Finance%20for%20Non%20Specialists.pdf Deegan, C. (2019), An Introduction to Accounting: Accountability in Organisations and Society. Cengage Learning. DOCENTI E COMMISSIONI GIULIA LEONI Ricevimento: Ogni Mercoledì dalle 11:30 alle 12:30 - Studio 1033 - Primo Piano (DIEC). In caso di specifiche esigenze, gli studenti possono prendere un appuntamento per il ricevimento inviando una email al docente (giulia.leoni@unige.it) Every Wednesday from 11:30 AM - 12:30 PM - Room 1033 - First floor - Economics Department (DIEC) In exceptional cases, students can arrange office hours with the teacher by sending an email to giulia.leoni@unige.it Commissione d'esame GIULIA LEONI (Presidente) AGOSTINO BRUZZONE ALBERTO QUAGLI (Presidente Supplente) LEZIONI INIZIO LEZIONI September 2023 Orari delle lezioni L'orario di questo insegnamento è consultabile all'indirizzo: Portale EasyAcademy ESAMI MODALITA' D'ESAME Students' acquired capabilities will be tested via a final WRITTEN exam during the regular exam periods that will consists of MCQ, open theory questions, and practical questions. MODALITA' DI ACCERTAMENTO Students' knowledge and skills will be assessed via a written final exam that will verify their capabilities and comprehension of the three modules. Calendario appelli Data appello Orario Luogo Tipologia Note 10/01/2024 10:00 GENOVA Scritto 24/01/2024 10:00 GENOVA Scritto 07/02/2024 10:00 GENOVA Scritto 11/06/2024 10:00 GENOVA Scritto 25/06/2024 10:00 GENOVA Scritto 09/07/2024 10:00 GENOVA Scritto 09/09/2024 10:00 GENOVA Scritto Agenda 2030 Istruzione di qualità Parità di genere Lavoro dignitoso e crescita economica OpenBadge PRO3 - Soft skills - Imparare a imparare base 1 - A PRO3 - Soft skills - Sociale base 1 - A PRO3 - Soft skills - Personale base 1 - A PRO3 - Soft skills - Alfabetica base 1 - A