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Fundamentals in Finance Management (IHSM-E1.1)
Department
- Master's Program International Health & Social Management
Course unit code
- IHSM-E1.1
Level of course unit
- Master
Year of study
- Fall 2024
Semester when the course unit is delivered
- 1
Number of ECTS credits allocated
- 5.0
Name of lecturer(s)
- Dr. Mamukelashvili Ioseb
Learning outcomes of the course unit
- The aim of the course is to develop students’ understanding of the key concepts and principles of financial management. Having successfully completed this course, students will be able to:
- Understand how the firm’s financial statements and key financial ratios can help managers assess its overall performance;
- Have a solid understanding of basic components of financial planning, investor relations and important key metrics;
- Understand how companies make financing and investment decisions and how to incorporate risk and uncertainty in these decisions;
- Describe leading theories linking risk and return on a stock market;
- Provide an overview of the current developments in the finance and accounting professions
Mode of delivery
- -
Recommended optional program components
- none
Course contents
- Purchasing Healthcare
Capital in Health Care Systems
Governance & Accountability in Healthcare
Recommended or required reading
- Reiter, K. L. and Song, P.H. (2021). Gapenski's Healthcare Finance, 7th Edition. Health Administration Press, Chicago, Illinois.
Pink, G. H. and Song, P.H. (2022). Cases in Healthcare Finance, 7th Edition. Health Administration Press, Chicago, Illinois.Brealey, R. A., Myers, S. C. and Allen, F. (2020). Principles of Corporate Finance, 13th Edition. McGraw-Hill Education.
Planned learning activities and teaching methods
- The course comprises an interactive mix of lectures, discussions and individual and group work.
Assessment methods and criteria
- Quizzes (60% of the final grade) and the final exam (40% of the final grade)
Language of instruction
- English
Work placement(s)
- none