Accounting and Finance Study Course

Study Subjects Delivered in English (Spring semester)

The course is designed for undergraduate students who study full time or come on exchange programmes to the Faculty of Business. Exchange students have to choose complete core subjects in Accounting and finance and free electives according to the needs of their study plans.

ECTS

 

Assessment system

 

Annotation Course content
5 20 % – Intermediate assessment; 40 % – Self-study; 40 % – Examination The course investigates economic, financial and social processes, the impact of external and internal environmental factors on the economy of business organization – enterprise. Students acquire knowledge on how to analyse production, services, labour processes, efficiency and social initiatives of the company. They will be able to interpret and professionally handle different economic and financial information, perform calculations, complete economic data tables and show information graphically. The students also will be able to apply economic knowledge corresponding to company‘s and society‘s aims, to understand the importance of business activities in  the  national economy  and rapidly changing business world. The matter of Corporate activity analysis;
Business as an open system;
The impact of Enterprise activity on the Economy system;
Sustainable development of organizations;
Theoretical background of corporate activity analysis: objectives and basic methods;
Company’s budget planning;
Resource analysis: efficiency of material resources and labour productivity;
Company‘s inner reserves
SWOT analysis;
External factor
PESTEL analysis;
ECTS credits  

Assessment system

 

Annotation Course content
4 50 % – Mid-semester tests;

50% – Case analysis (project)

The aim of the study subject is to teach students to understand the specifics of international finance as well as the influence

of the world economic globalization on international finance; causes and outcomes of currency, bank and debt crises;

particulars of finance markets; to better conceive the essence and benefit of international trade; the forms of trade politics

and the significance of trade regulation under the conditions of globalization.

International trade theories;
Absolute advantage;
Comparative advantage;
International trade policy forms;
Instruments of trade policy: tariffs, import quotas, export subsidies;
Non-tariff barriers to trade;
The Balance of payments;
International trade organizations, types of trade blocks;
International currency market: exchange rates and the foreign exchange rate market, floating and fixed exchange rate systems, international parity conditions;
Summary.
ECTS credits  

Assessment system

 

Annotation Course content
5 20% – Mid-semester test;

30% – Self-study;

50% – Examination

The aim of the study subject is to provide knowledge and develop skills required to calculate, pay, and declare business taxes as well as evaluate the effect of taxes and tax system on financial results of economic subjects under changing circumstances. The subject helps to understand the significance of the formation of Lithuanian and European Union tax systems, taxation principles and functions, and tax administration institutions. The course teaches calculating taxes on income, profit, domestic goods and services, property, pollution, etc. Essence and significance of taxes and tax system;
Tax types, functions, elements;
taxation principles, tax cap, tax burden;
Tutorial. Preparation for self-study work;
European Union tax policy. Applied taxes in the European union; Environmental taxes (types, significance);
Pollution tax accounting in the European Union;
Mid-semester test;
Public presentation of the self-study project;
Taxes on goods and services: •VAT calculation methods • Calculating excise and customs duties; Examination.
ECTS credits  

Assessment system

 

Annotation Course content
5 20% – Mid-semester test;

30% – Self-study;

50% – Examination

The aim of the course is to provide students with basic knowledge and practical skills applicable modern

information and computer technologies to improve finance and accounting. While studying this subject, the electronic

documents, automation of accounting processes, the role of financial technology companies in accounting, the

processes of smart tax system, artificial intelligence in accounting is discussed. Students will be able to evaluate the

accounting systems, to make suggestion to improve accounting processes using digital accounting.

Financial accounting concept and principles;
Fixed asset accounting;
Current assets accounting;
Tutorial. Preparation for self-study work;
Mid-semester test;
Equity and liabilities accounting;
Income and expense accounting;
Public presentation of the self-study project;
Financial Statements;
Examination
ECTS

 

Assessment system

 

Annotation Course content
4 50% – Mid-semester tests;

50% – Exam

 

Even if the individual does not select specific assets such as the stock of gov-ernment bonds, investments are still made through participation in pension plans and employee savings programs or through the purchase of whole-life insurance or a home. Each of these investments has common characteristics, such as the potential return and the risk you must bear. The future is uncertain, and you must determine how much risk you are willing to bear, since a higher return is associated with accepting more risk. A primary aim of this course is to make investing less difficult by explaining the terms, by elucidating the possible alternatives, and by discussing some of the techniques professionals use to value assets and to construct portfolios. Although this course cannot show you a shortcut to financial wealth, it can reduce your chances of making uninformed investment decisions.

 

Investment Management. Concepts;
Time value of Money;
Investing in Common Stock;
Mid-term quiz;
The value of enterprise;
The valuation of Fixed-income Securities;
Government Securities. Risk;
Investing in Gold;
Investing in Real Estate.
ECTS credits  

Assessment system

 

Annotation Course content
4 40% – Mid-semester test;

30% – Self-study;

30% – Written/oral quiz

The aim of the study subject is to introduce the students with the basic Business English terminology and theory of business management, necessary to start a business or work in the company doing business internationally. The course provides theoretical basics of business management key fields: career management, starting business, company and product types, marketing and logistics.  The professional practical training is based on business communication. After completion of the Business English course the students will be able to use the English language in business related international environment. Business correspondence in English;
Professional dialogues: making business contacts, business meetings, negotiations, trade fairs, job interviews. Business presentations;
Career and leadership;
Starting business;
Companies;
Products and services;
Trade;
Basics of marketing;
Basics of logistics.

Free Electives:

ECTS credits  

Assessment system

 

Annotation Course content
3 50% – Case analysis;

50% – Test

The aim of the study subject is acknowledge students about change management in organization. Accordingly, after graduating from this course student will be able to observe organization and its business from wide perspective while managing its changes locally and strategically. Students will be solving change management problems working with different practical cases, applying change management methods. The concept of changes and classification;
Anticipation of changes and strategic changes;
Changes and Human Resources;
The speed of change and the learning organization;
Changes and development in an organization;
Test.
ECTS credits  

Assessment system

 

Annotation Course content
3 50% – Mid-semester tests; 50% – Case analysis (project) The aim of the study subject is to apply negotiation skills in the professional field based on the theoretical knowledge and practical skills. To improve cooperation skills, to develop communicative and intercultural competence, to understand intercultural differences in negotiation, to use the main strategies at every stage of negotiations, to apply the principles of harmonious verbal, non-verbal and written communication in the negotiations. Business communication. First Image. Business Image;
Negotiating strategies and the application of their contexts;
The concept of negotiations. Scenarios;
The goals of negotiations. Negotiation positions;
The content of negotiations: interests: interests, criteria, decision;
Negotiation Psychology. The negotiators’ roles;
The emotional preparation of a negotiator for different scenarios;
The price negotiations;
The preparation for negotiations and implementation of their results;
Case analysis (project). 
ECTS credits  

Assessment system

 

Annotation Course content
3 50% – Mid-semester tests; 50% – Written quiz The aim of the study subject is to develop students’ abilities to understand the quality management principles and methods. After the completion of the subject, students will perceive acquired knowledge in quality management in a changing business environment. Students will understand the principles of quality management system functioning and will be able to select the appropriate quality management methods. Quality management concepts and principles. Process approach;
The importance of quality management to improve the efficiency of company’s activities. Evolution of quality management;
Total quality management. Quality management methods. Quality management standards; Fundamentals of Lean management (philosophy, principles and methodology);
Quality culture;
Written quiz.
ECTS credits  

Assessment system

 

Annotation Course content
3 50% – Mid-semester tests; 50% – Project (practical task) The aim of the study subject is to acknowledge students about importance of consumer behaviour in the marketing studies. After graduating course, students will be able to recognize and apply methods and instruments that make influence and attracts attention of consumer. Students will learn how to understand consumers and their attitude to products and they will understand the change possibility of consumer’s attitude. Consumers and their perception;
Consumer learning and memory;
Consumer motivation and values; personality and lifestyle;
Consumer attitude. Change and intercommunication of consumer attitude; Individual consumer’s choice. Purchasing and consuming;
Group influence and leadership;
Organisational and family decisionmaking;
Project (practical task). 
ECTS credits  

Assessment system

 

Annotation Course content
4 50% – Mid-semester tests; 50% – Case analysis (project) After completing this course, students will be able to understand and realize the importance of Intercultural Communication in a global world, to understand basic communication process, models, types and principles, to understand the concept of culture and its influence in both verbal and non-verbal communication, to understand and identify the intercultural situations, to understand intercultural relationships, to realize and understand the importance of intercultural communication in business, to understand the barriers to effective intercultural communication, and gain knowledge about other cultures; Essence of communication process and its models; Verbal and Non-verbal Communication;
Basics of business communication and its importance;
Cultural Understanding; Cultural Differences in Communication; Intercultural Communication in Business; Intercultural sensitivity & Communication; Communication and Intercultural Competence; Communicating in Intercultural relationships; Prevention of Conflicts in Intercultural Communication. 
ECTS credits  

Assessment system

 

Annotation Course content
4 40% – Mid-semester tests; 30% – Self-study assignment; 30% – Written/oral quiz

 

The aim of the study subject is to introduce the students with the basic Business Russian terminology and theory of business management, necessary to start a business or work in the company doing business internationally. The professional practical training is based on business communication. Introductory course: phonetics, intonation patterns and graphics;
Family photographs. Professions;
Students and studying, getting to know each other; At the supermarket, theatre. Nationalities;
My neighbours, at restaurant;
About myself. Work and leisure;
Months, weeks and days. Russian names, patronymic names and surnames;
My company. Directive and negative pronouns. Ordinal numbers.
ECTS credits  

Assessment system

 

Annotation Course content
8 50% – Practical assignments in departments; 50% – Project. The aim of the study module is to provide students with the opportunity to acquire practical skills while organizing and analysing performance of a simulation enterprise. After the completion of the international business process simulation, students will be able to analyse and evaluate the business environment, to understand principles and methods of international business management and the in-house processes. The concept of a modern BSC. Peculiarities of a BSC network.

Presentation of work organisation in the BSC; Work in a Human Resources Department;
Work in a commerce department;
Work in a marketing department;
Project.

For more information, please, contact:

Modestas Riauka, International Coordinator

Faculty of Business, Kaunas UAS

Pramonės pr. 20, LT 50468, Kaunas, Lithuania

E-mail: modestas.riauka@go.kauko.lt ; Phone + 370 37 75 11 46