Kies de Nederlandse taal
Course module: 202000555
Finance, Accounting, and Information systems
Course infoSchedule
Course module202000555
Credits (ECTS)12
Course typeStudy Unit
Language of instructionEnglish
Contact persondr. X. Huang
PreviousNext 3
dr. A. Henschke
Contactperson for the course
dr. X. Huang
dr. X. Huang
dr. P. Khrennikova
V.B. Marisetty
Academic year2022
Starting block
Application procedureYou apply via OSIRIS Student
Registration using OSIRISYes
interpret and compare the characteristics of the distribution of variables given their measurement level via descriptive statistics (shape, centre and spread);
Knowledge domain Upon completion of this model, students will be able to
Finance 1 describe the scope of financial management and the interaction between the firm and its (international) financial environment;
2 apply the concept of the time value of money in valuing the two key financial securities: stocks and bonds;
3 make and evaluate capital investment decisions;
4 compute return and risk, and explain their relation.
Accounting 1 describe the nature and use of accounting, explain different types of accounting, taking into account international aspects;
2 build a firm’s financial statements while taking into account different principles and concepts (accrual accounting, wealth, inventory, cash flow, costs, etc.) and interpret these statements;
3 apply internationally accepted approaches in financial decision making;
4 explain processes related to planning, control and budgeting; create budgets and investigate deviations between plan and actual;
5 apply different cost allocation methods to determine product costs, and describe the effect on inventory and net income.
Information systems 1 explain and apply the most important concepts related to this module’s knowledge domains: database design; data analysis using spreadsheets; spreadsheet design; decision models in spread sheets; data visualization; Monte Carlo simulation
2 given a concrete business problem, identify the information needs that are required for a satisfactory solution for that problem, and translate that in data models and/or a database design.
3 design and use of database queries for data retrieval and reporting
4 analyse and translate a business problem into a quantitative model  that can be simulated.
5 evaluate available analysis and simulation techniques and choose/apply the most suitable for a given decision making problem.
 Project 1 collect relevant financial and non-financial information
2 apply accounting and finance concepts to analyze a business performance
3 propose alternative investment projects and make decisions based on financial and non-financial criteria
4 build an information system to collect, analyze, and design quantitative models  for a business solution
5 Present in writing and orally the process going from analyzing business performance, detecting a business problem to finally proposing and motivating the chosen business solutions
REflection on Science, Technology, and Society (RESTS) 1 analyse and identify plagiarism
2 apply consistent approaches to paraphrasing, quoting and referencing according to accepted standards.
The core knowledge domains in this module are Finance, Accounting and information systems.

The general learning outcomes of the module are related to the Intended Learning Outcomes of the BSc International Business Administration programme. The general module goal is two-fold; upon completion of this module students will be able to
  • develop and build an information system, which will be used for decision-making based on both financial and non-financial information; and
  • analyse the information to prepare real-life (financial) management decisions based on internationally accepted concepts and methods, while taking the (international) context into account.

An integral part of the entire IBA programme is the combination of the two skills learning lines and the three thematic learning lines: research methods, academic & business skills; internationalization, entrepreneurship and responsible management. These lines are intertwined in the curriculum. The academic & business skills include REflection on Science, Technology, and Society (RESTS) skills. Throughout projects, students will practice these skills by information searching, project reporting and presenting and writing a text to reflect on decision-making. Students will be guided on how to collect financial and non-financial data from ORBIS, a global database (free access available from UT Library) covering financial and non-financial data (UT’s license covers large and listed firms. The internationalization line is incorporated by addressing different international aspects in our core knowledge domains. Entrepreneurship is encouraged when students propose alternative investment projects.  Responsible management is considered when students select non-financial criteria in evaluating projects. A few lectures and workshops are provided to train various skills.    
Assumed previous knowledge
Knowledge: Basic understanding of probability and statistics; Basic level of understanding of algebra and calculus. Skills: Basic Excel skills: Entering formulas, using simple mathematical functions, copying formulas, errors in formulas, spreadsheet formatting, making graphs; Sufficient language skills in English
Previous knowledge can be gained by
Knowledge: According to the ‘eindtermen Wiskunde A’, all students should have this knowledge*. Skills: High school, TOP module, or BOM module.
Module 3
Participating study
Bachelor International Business Administration
Required materials
Hillier, Clacher, Ross, Westerfield and Jordan (2022). Fundamentals of Corporate Finance, 4th European Edition, London: McGraw-Hill. (ISBN 9781526848628)
For Accounting: McLaney, E., and Atrill, P. (2020) Accounting and Finance: An introduction, 10th edition. Pearson. (ISBN 9781292312262)
Course material
For Information Systems: Wijnhoven et al (2013). Business Software QuickStart, free book available as PDF and EPUB via Canvas.
For Information Systems: Taylor III (2013). Introduction to Management Science, 11th edition, Boston: Pearson Education.
Recommended materials
For Information Systems: Evans (2013). Business Analytics: Methods, Models and Decisions, Boston: Pearson Education.
Instructional modes
Presence dutyYes


Project supervised
Presence dutyYes

Project unsupervised
Presence dutyYes

Self study without assistance
Presence dutyYes



Test on Remindo


Test on Remindo

Information systems

Test on Remindo

Multi-criteria capital investments

Kies de Nederlandse taal