Business Analysis and Performance Management in Aquaculture

HAV2007

Production Planning and Budgeting in Aquaculture. Cost accounting. Calculation principles and methods. Different tools for decision making. Project evaluation. Analysis of financial statements.

Knowledge

Knowledge of the finance function's role and place in the fish farming business
Have basic knowledge about financial accounting
Know the reputable, general and specific principles and methods for cost calculation
Hold knowledge of productions planning and budgets
Knowledge of framework conditions and biological, economic, and practical limitations for the preparation of good, realistic production schedules
The knowledge of the production schedules and the connection between the production plans, accounting, budgets, valuation and investment analysis

Skills

Make profitability analysis and solve relevant issues a management decision making
Be able to make the accounting review of live fish stocks (biomass).
Be able to develop good, realistic production schedules for typical operating units in fish farming.
Be able to work out the results, liquidity and balance the budget for the typical operating units in fish farming.
Be able to make monitor actual production costs and make performance measurement at the fish generation level.

General competence

Practice in oral and written presentations
Know how to use spreadsheets to solve assignments.
Can apply production planning- and budgeting models used by firms the Aquacuture Industry

No tuition fees. Costs for semester registration and course literature apply.

Compulsory.

The teaching is given as lectures, and group tasks. One mandatory seminar over 2 days related to production planning- and budgeting models.

Mandatory in groups presentation of group tasks (portfolio). The entire group participates.

Teaching: Face-to-face teaching.

Lectures up to 8 hours per week (blocks).

Evaluation using mid-term and final surveys. Students are also encouraged to participate in the central quality surveys.

Overlap refers to a similarity between courses with the same content. Therefore, you will receive the following reduction in credits if you have taken the courses listed below:

MAR2038 - Business Analysis and Performance Management in Aquaculture - 15 credits

EK203F - Business Analysis and Performance Management in Aquaculture - 10 credits