Course code Ekon2111

Credit points 3

Finance Management

Total Hours in Course81

Number of hours for lectures16

Number of hours for seminars and practical classes16

Independent study hours49

Date of course confirmation08.03.2011

Responsible UnitInstitute of Economics and Finance

Course developers

author lect.

Evita Apsīte

Mg. oec.

author

Ingrīda Kantiķe

Mg. oec.

Course abstract

Subject imparts knowledge about finance management, it studies the purpose of finances management, structure, the function and action of a finance director. The course deals with possibilities of financing with own or borrowed capital. Students master a financial analysis of balance statement by paying attention to the goal of using analysis data. It obtains apprehension about choise of financial resources, financial planning and assessment of paying capacity. It obtains practical skills in financial planning and analysis.

Learning outcomes and their assessment

After completing the course student will have:• knowledge about purpose, tasks, functions (financial analysis, financial planning, capital management etc.) of financial management and activity of financial management;• skills can use functions of financial management. Students are able to analyse financial situation of society/institution, to definē funding sources, to schedule loan repayment rate, to make plan of cash flow and to assess the potential financial risks;• attitude understanding about the ability of financial management and necessity to cooperate with administration and staff for planning and improving activity of society/institution is formed.• competences understanding about inclusion in organisational structure of society/institution of financial management and about activity of financial management and making decision is obtained.

Compulsory reading

1. Finanšu vadības rokasgrāmata. Autori LAIKA STARS vadošie speciālisti u.c. Rīga: Dienas biznesa rokasgrāmata, 2004.
2. Rurāne M. Uzņēmuma finanses. Rīga Jumava, 2007. 266 lpp.
3. Saksonova S. Uzņēmuma finanšu vadības praktiskās metodes. Rīga: Merkūrijs LAT, 2006. 225 lpp.
4. Ludboržs A. Apgrozāmā kapitāla vadīšana nelielos uzņēmumos. Rīga: SIA Lietišķās informācijas dienests, 2007. 287 lpp.

Further reading

1. Сатклифф М., Доннеллан М. Еффективная финансовая деятельность. Москва: Вершина, 2009. 494 с.
2. Subatnieks K. Komercsabiedrības naudas plūsma: Naudas plūsmas absolūto un relatīvo rādītāju izmantošana uzņēmuma finanšu analīzē. Rīga: SIA Drukātava, 2008. 100 lpp.
3. Бланк И. А. Финансовый менеджмент: учебный курсс. Киев.: Ника–Центр, Эльга, 2002. 528 с.

Periodicals and other sources

1. Bilance: grāmatvedība, likumdošana, finanses. Rīga: Lietišķās informācijas dienests, 2005-. ISSN 1407-5709
2. Dienas Bizness: nedēļas laikraksts: Latvijas biznesa avīze. Rīga: Diena: Dagens Industri, ISSN 1407-2041.
3. Latvijas Ekonomists. Rīga: Mamuts, 2005-. ISSN 1025-8922.